Abramson Brothers files to convert Hell’s Kitchen office building to 108 apartments

The mostly office landlord Abramson Brothers submitted a major alteration application for the conversion of the 90,000-square-foot commercial (COM) building at 333 West 52nd Street in Hell’s Kitchen, Manhattan, into a 108-unit residential (R-2) building. The plan was filed with the New York City Department of Buildings on November 21, 2025 under job number M01312468. It calls for a rehabilitation and conversion of the 14-story building. The project is described in the filing as: conversion of existing commercial building to residential. Adam Abramson filed the plans. The architect is CetraRuddy Architecture, which is working on a large number of the recent conversions.

The plans call for retail on the ground floor and lower level, apartments on floors two through 14, and tenant amenities including a co-working space in the lower level, fitness and terrace on the second floor and fitness on the third floor.

333 West 52nd Street

The property

The office building in Hell’s Kitchen has 90,000 square feet of built space according to a PincusCo analysis of city data. The parcel has frontage of 82 feet and is 100 feet deep with a total lot size of 8,750 square feet. The lot is irregular. The zoning is R8 which allows for up to 6.02 times floor area ratio (FAR) for residential. The city-designated market value for the property in 2022 is $15.9 million. The most recent loan totaled $12.5 million and was provided by JPMorgan Chase on August 31, 2021.

Prior sales and revenue

The 90,000-square-foot property generated revenue of $4.2 million or $47 per square foot, according to the most recent income and expense figures.

Violations and lawsuits

According to city public data, the property has received $1,250 in ECB penalties and $1,250 in OATH penalties in the last year.

There were no lawsuits or bankruptcies filed against the property for the past 24 months.

The neighborhood

In Hell’s Kitchen, The bulk, or 39 percent of the 40.8 million square feet of commercial built space are elevator buildings, with specialty buildings next occupying 18 percent of the space. In sales, Hell’s Kitchen has near average sales volume among other neighborhoods with $889.4 million in sales volume in the last two years and is the 12th highest in Manhattan. For development, Hell’s Kitchen has near average amount of major developments among other neighborhoods and is the 18th highest in Manhattan. It had 2.4 million square feet of commercial and multi-family construction under development in the last two years, which represents 6 percent of the neighborhood’s built space.

The block

On this tax block, PincusCo has identified the owners of 13 of the 17 commercial properties representing 341,185 square feet of the 372,771 square feet. The largest owner is Abramson Brothers, followed by Alan Manocherian and then East West Realty. On the tax block, there was one new building construction project filed totaling 16,257 square feet. It is a 10-unit, 16,257 square-foot residential (R-2) building submitted by Plastpro and filed by Shirley Wang with plans filed October 27, 2023 and it has not been permitted yet.

The owner

The PincusCo database currently indicates that Abramson Brothers owned at least five commercial properties in New York City with 532,883 square feet and a city-determined market value of $121.5 million. (Market value is typically about 50% of actual value.) The portfolio has $77.3 million in debt, borrowed from JPMorgan Chase. Within the portfolio, all identified are office properties. They are all located in Manhattan.

The surrounding

Within a 400-foot radius of 349 West 52nd Street, PincusCo identified one commercial real estate item of interests occurred over the past 24 months. It was a loan which Eugene Mendlowitz borrowed $62.2 million from Citibank secured by the 46,000-square-foot, 15-unit rental (C7) on 790 9th Avenue and nine other properties on August 14, 2025.

Direct link to the property’s ACRIS page and link to DOB NOW portal.