48 West 58 Street
Midtown West, Manhattan
Parcel ID (BBL): 1012730060
Owner: Korman Communities
Acquired: July 29, 2026, $72.8 million
Debt: August 06, 2026, $80 million
Built: 1926
Renovated: 2006
SF: 122,889
Dwelling units: 134
No. of buildings: 1
Class: extended stay/suite: amenities similar to apt; typically charge weekly rates & less expensive than full-service hotel (HS)
Floors: 17
HPD Ownership Registration Information
Last registered: 2025-12-11 (expires 2026-09-01)
Aka Central Hotel
Corporate Owner
42 42 W 58 ST New York, NY, 10019
Shk Management Inc
Agent
42 West 58 Street NEW YORK, NY, 10019
Lauren Barbot
Site Manager
Transactions:
• Korman Communities borrowed $80 million from Prime Finance for 42 West 58th Street, Midtown West, Manhattan on August 06, 2026.
• CalSTRS and BlackRock sold 42 West 58th Street, Midtown West, Manhattan for $72.8 million to Korman Communities on July 29, 2026.
• Korman Communities borrowed $54.8 million from Capital One for 42 West 58th Street, Midtown West, Manhattan on April 19, 2023.
Development:
• Bradley Korman filed major alteration job 120951318 for 122,899 sqft R-1 building with 134 apartments in Midtown West, Manhattan, on January 20, 2012.
• Bradley Korman filed major alteration job 104377023 for J-2 building with 136 apartments in Midtown West, Manhattan, on March 14, 2006.
• Sokol Smajlaj filed alteration job M01068052 for building in Midtown West, Manhattan, on June 19, 2024.
• Bradley Korman filed alteration job M01018341 for 5,100 sqft building with 0 apartments in Midtown West, Manhattan, on March 18, 2024.
• Sokol Smajlaj filed alteration job M01011977 for 1,500 sqft RES building with 138 apartments in Midtown West, Manhattan, on March 08, 2024.
• Sokol Smajlaj filed alteration job M00529729 for 1,420 sqft R-1 building with 136 apartments in Midtown West, Manhattan, on September 28, 2021.
• Sokol Smajlaj filed alteration job M00503217 for 250 sqft R-1 building with 136 apartments in Midtown West, Manhattan, on May 18, 2021.
Violations:
According to city public data, the properties have received $2,000 in OATH penalties in the last year.