New York City · Commercial sale
E41ST Properties buys 52 East 41 Street in Manhattan for $96.56 million
A hotel at 52 East 41 Street, Manhattan sold for $96,555,625 on July 23, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $96,555,625
- Sold
- July 23, 2026
- Property type
- Hotel
- Building area
- 62,650 sq ft
- Price per sq ft
- $1,541
- Year built
- 1910
A hotel at 52 East 41 Street in Manhattan sold for $96,555,625, a price 5 times the market value on record of $19,418,000. The sale was dated July 23, 2026, according to the New York City Department of Finance's ACRIS property records.
The record lists Nyc Value Added I LLC as the seller and E41ST Properties LLC as the buyer.
The NYC Department of Finance's records show 62,650 square feet of building area, a 1910 construction date and a 5,595-square-foot lot. At that size, the price works out to $1,541 per square foot.
What this sale costs to close
What does closing cost at this price? Under New York City custom the seller's larger charges are $2,534,585.16 for the nYC real property transfer tax (commercial/other) and $386,224 for the nY State real estate transfer tax. The seller's estimated net is $91,898,824 before brokerage commissions and any loan payoff. A cash buyer would need about $98,326,744 at closing.
Source: NYC Department of Finance, ACRIS (NYC Open Data), document 2026073101078002. Property details: NYC Department of Finance. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
