NY Property Records
138 West 48 Street
138 West 48 Street
Manhattan · New York County · 10105
05 · Commercial & OfficeSold $53,684,068 · Jul 2021 ↗
Owner of record
OwnerCort Theatre LLC
Assessment · 2025 roll
Land assessed$1,593,000
Total assessed$2,583,450
Est. annual tax$264,413 (2027, excl. special districts)
Building
StyleLegitimate Theaters (Theater Sole Use of Building)
Year built1913
Lot
Size0.28 acres (GIS)
Frontage × depth120 × 100 ft
Lot sq ft12,050
Zoning
DistrictC6-5.5
Special districtMiD
FAR1.87 built · 10.0 max residential · 12.0 max commercial · 12.0 max facility
Zoning map8d
Recorded documents · 24
AGREEMENT
Nov 14, 2025
party 1 Nyc Department Of Transportation
party 2 The Shubert Organization Inc
View on ACRIS ↗
DEVELOPMENT RIGHTS
Jul 10, 2024
party one 157 West 47th Street Hotel Owner Lp; Board Of Managers Of 145 West 47th Street +6
party two Rg-South Development LLC
View on ACRIS ↗Show all 24
TERMINATION OF LEASE OR MEMO
Aug 13, 2021
lessor Cort Theatre LLC; Rg-South Development LLC +1
lessee Clarity 47 LLC
View on ACRIS ↗
DEVELOPMENT RIGHTS
$53,684,068
Aug 13, 2021
party one 157 West 47th Street Hotel Owner Lp; Cort Theatre LLC +2
party two Clarity 47 LLC
View on ACRIS ↗
SUNDRY MISCELLANEOUS
Apr 13, 2021
party 1 157 West 47th Street Hotel Owner Lp; Clarity 47 LLC +2
View on ACRIS ↗
MEMORANDUM OF LEASE
Oct 18, 2019
lessor Clarity 47 LLC; Cort Theatre LLC
lessee Rg-South Development LLC
View on ACRIS ↗
SUNDRY MISCELLANEOUS
Oct 18, 2019
party 1 Clarity 47 LLC; Cort Theatre LLC
party 2 157 West 47th Street Ts Hotel LLC; Rg-South Development LLC
View on ACRIS ↗
SUNDRY MISCELLANEOUS
Aug 9, 2017
party 1 157 West 47th Street Ts Hotel LLC; Clarity 47 LLC +2
View on ACRIS ↗
EASEMENT
$41,126,938
Aug 9, 2017
grantor/seller Clarity 47 LLC; Cort Theatre LLC
grantee/buyer 157 West 47th Street Ts Hotel LLC; Rg-South Development LLC
View on ACRIS ↗
DEED
Aug 9, 2017
grantor/seller The Shubert Organization, Inc.
grantee/buyer Cort Theatre LLC
View on ACRIS ↗
AGREEMENT
Dec 28, 2015
party 1 Nyc Department Of Transportation
party 2 The Shubert Organization Inc
View on ACRIS ↗
AGREEMENT
May 27, 2005
party 1 Nycdot Div. Of Franchises, Concessions, & Consents
party 2 The Shubert Organization, Inc.
View on ACRIS ↗
LEASE
Jun 17, 1969
lessor/landlord 138 W 48th St Theatre Co
lessee/tenant Columbia Brdcstng Sys
View on ACRIS ↗DOB violations — total 7 · open 0 · dismissed 7
Elevators
Dismissed
Oct 10, 2025
BIS ↗Elevators
Dismissed
Oct 10, 2025
BIS ↗Boiler
Dismissed
Aug 29, 1995
BIS ↗DOB complaints — total 6 · open 0 · closed 6
Show all 6
Construction – contrary to/beyond approved plans
Closed
Aug 12, 2021
Complaint 1579254
View on BIS ↗
Construction – contrary to/beyond approved plans
Closed
Jun 17, 2021
Complaint 1574221
View on BIS ↗No HPD violations on file.
Deed & identifiers
SBL1010000049
SWIS620100
Parcel ID6201001010000049
Who owns 138 West 48 Street?
138 West 48 Street, Manhattan is owned by Cort Theatre LLC per the 2025 NYS assessment roll. It last sold for $53,684,068 in Jul 2021.
Nearby on West 48 Street
Public record, NYS tax roll 2025. Values are the assessor's, not an appraisal. Provided for informational purposes only — accuracy and completeness are not warranted or guaranteed; verify against official sources before relying on it. Disclaimer · Request redaction
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