356 West 48 Street
Hell’s Kitchen, Manhattan
Parcel ID (BBL): 1010380060
Owner: David Z. Chang
Acquired: December 17, 2024, $11.8 million
Debt: December 17, 2024, $8.5 million
Built: 1920
Renovated: 2023
SF: 9,900
Dwelling units: 20
No. of buildings: 1
Class: Old Law Tenements (C4)
Floors: 5
Transactions:
• David Z. Chang borrowed $8.5 million from Berkadia Commercial Mortgage for 356 West 48th Street, Hell’s Kitchen, Manhattan on December 17, 2024.
• Kings Capital sold 356 West 48th Street, Hell’s Kitchen, Manhattan for $11.8 million to David Chang on December 17, 2024.
• Company sold 356 West 48th Street, Hell’s Kitchen, Manhattan for $0 to company on January 27, 2023.
• Kings Capital borrowed $5.8 million from Webster Bank for 356 West 48th Street, Hell’s Kitchen, Manhattan on December 27, 2022.
• Chestnut Holdings sold 356 West 48th Street, Hell’s Kitchen, Manhattan for $4.7 million to Kings Capital on December 27, 2022.
Development:
• Tommy Giannopoulos filed plans for alteration in Hell’s Kitchen, Manhattan, on May 31, 2023.
• Usman Bhutta filed plans for alteration in Hell’s Kitchen, Manhattan, on October 25, 2022.
• Usman Bhutta filed plans for alteration in Hell’s Kitchen, Manhattan, on October 25, 2022.
• Tommy Giannopoulos filed plans for major alteration for 11,965 sqft in Hell’s Kitchen, Manhattan, on October 21, 2022.
• Tommy Giannopoulos filed plans for alteration in Hell’s Kitchen, Manhattan, on September 23, 2022.
Violations:
According to city public data, the properties have received $300 in OATH penalties in the last year.