5
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Listing Courtesy of Douglas Elliman Real Estate
$929,000
Est. payment /mo
1 BD
1 BA
New
529 W 42ND Street #5M Manhattan, NY 10036
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UPDATED:
01/17/2025 10:22 PM
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
RLS Data display by Coastal Property Advisors