Homes for sale - 529 W 42ND Street #5M, Manhattan, NY 10036

Key Details

Property Type COOPS

Sub Type coops

Listing Status Active

Purchase Type For Sale

Subdivision Hells Kitchen

MLS Listing ID RLS11028940

Style Loft

Bedrooms 1

Full Baths 1

HOA Fees $2,115/mo

HOA Y/N Yes

Year Built 1912

Property Description

Welcome to an exceptional opportunity to transform a unique NYC loft into your dream space. This apartment, part of a deceased estate, requires a complete gut renovation, presenting a blank canvas for those with a vision. With soaring 14-foot ceilings, this expansive loft invites creativity and the possibility of reimagining the layout to suit your style. The unique features of this property, such as the high ceilings and potential for a complete redesign, make it a one-of-a-kind opportunity. The potential here is limited only by your imagination. Use the generous cubic footage to maximize the space with additional rooms or open-concept designs. The apartment boasts large oversized windows that flood the space with an abundance of natural light, creating a bright and airy atmosphere. While it may require significant updates, the delightful potential for beautiful parquet flooring and ample storage is worth exploring. Located at The Armory, this building captures the dynamic essence of New York City, known for its artistic flair. The building features amenities like a designated bike room, a shared rooftop deck, personal storage options, and a resident superintendent. Enjoy the convenience of 24/7 doorkeeper service and elevator access. Laundry facilities are available on every floor; pets are allowed with board approval. Situated at 529 West 42nd Street, The Armory is zoned for live/work use, granting you the flexibility to tailor the space to your residential or business needs. The building encourages co-purchasing, subletting, and using guarantors, promoting a sense of community and partnership. Financing options include 80% financing and no flip tax, with minimal rental restrictions that make short-term rentals (3 to 12 months) feasible right after purchase. Don't miss this rare chance to reconfigure a piece of NYC history. All information regarding the property is deemed reliable, though Douglas Elliman does not guarantee its accuracy. Regulations are subject to change, and interested parties should consult for the most current property conditions.

Location

State NY

County Newyork

Building/Complex Name The Armory

Rooms

Basement Other

Interior

Fireplace No

Laundry Building Other

Exterior

Exterior Feature Building Roof Deck,None

View Y/N No

Porch None

Private Pool No

Building

Story 9

New Construction No

Others

Ownership Stock Cooperative

Monthly Total Fees $2,115

Special Listing Condition Standard

Pets Allowed Building Yes,Yes