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448-450 West 19th Street

448-450 West 19th Street is a property in Manhattan (BBL 1-716-62), classified as multi-family elevator, built in 1910, owned by JP REAL ESTATE GROUP USA. Crezly estimates about $13M in outstanding mortgage debt secured against it. The building has about 19,100 square feet across 40 units. It last recorded a sale of $20M on 2026-02-20.

$20MLast recorded sale
$13MEst. outstanding debt
19,100Building sqft
40Units

Building facts

Land useMulti-family elevator
Building classD1
Zoning districtR8A
Year built1910
Floors6
Total units40 (40 residential)
Building area19,100 sqft
Lot area4,600 sqft
Built FAR4.15 of 6.02 max
Assessed value$4.77M

This lot appears to carry roughly 8,602 sqft of unused development rights (the gap between its built and maximum FAR). What is FAR?

Ownership

The recorded owner is JP REAL ESTATE GROUP USA — see their full NYC portfolio and estimated debt. Crezly estimates about $13M in outstanding mortgage debt secured against this property.

Location

This building is in Chelsea & Hell's Kitchen, Manhattan. See the neighborhood's recent sales, median prices and top owners.

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See the full record for 448-450 West 19th Street

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Compiled by Crezly from New York City public records (ACRIS deeds & mortgages, PLUTO tax-lot data). Estimated debt is derived from recorded mortgages and may not reflect paydowns or the most recent transactions. Not legal, financial or investment advice.