545 West 49 Street

Owner: Melaim Bauta

Acquired: September 29, 2022, $9.5 million

Debt: March 27, 2024, $8.4 million

Built: 1910

Renovated: 1959

SF: 30,618

Dwelling units: 66

No. of buildings: 1

Class: Over Six Families Without Stores (C1)

Floors: 6

HPD Ownership Registration Information

Last registered: 2025-07-17 (expires 2026-09-01)

Transactions:

• Melaim Bauta borrowed $8.4 million from Merchants Bank of Indiana for 541 West 49th Street, Hell’s Kitchen, Manhattan on March 27, 2024.

• Melaim Bauta borrowed $7.9 million from Merchants Bank of Indiana for 541 West 49th Street, Hell’s Kitchen, Manhattan on September 29, 2022.

• Gerald Leibman sold 541 West 49th Street, Hell’s Kitchen, Manhattan for $9.5 million to Melaim Bauta on September 29, 2022.

Development:

• Faton Bauta filed plans for alteration in Hell’s Kitchen, Manhattan, on February 26, 2025.

• Lav Bauta filed plans for alteration in Hell’s Kitchen, Manhattan, on April 24, 2023.

• Lav Bauta filed plans for alteration in Hell’s Kitchen, Manhattan, on April 24, 2023.

• Lav Bauta filed plans for alteration in Hell’s Kitchen, Manhattan, on April 24, 2023.

• Singh Gurvinder filed plans for alteration in Hell’s Kitchen, Manhattan, on April 24, 2023.

Violations:

According to city public data, the properties have received $5,350 in ECB penalties, 31 housing violations, and $6,330 in OATH penalties in the last year.

Latest Stories:

• Melaim Bauta pays $9.5M to Gerald Leibman for 66-unit walkup in Hell’s Kitchen (September 30, 2022)