529 W 42nd Street, #5MLoading

Co-op For Sale Manhattan, Hells Kitchen

Web ID # RLS11028940

Listed: 01/14/2025

Days on Market: 106 days

$895,000Loading

1 Beds 1 Baths

Common Charges: $2,115/month

Mortgage Est: $.../month

529 W 42nd Street, #5M
529 W 42nd Street, #5M
529 W 42nd Street, #5M
529 W 42nd Street, #5M
529 W 42nd Street, #5M
529 W 42nd Street, #5M
529 W 42nd Street, #5M
529 W 42nd Street, #5M
529 W 42nd Street, #5M
529 W 42nd Street, #5M
529 W 42nd Street, #5M
529 W 42nd Street, #5M

Co-op For Sale Manhattan, Hells Kitchen

Web ID # RLS11028940

Listed: 01/14/2025

Days on Market: 106 days

1 Beds 1 Baths

Common Charges: $2,115/month

Mortgage Est: $.../month

  Listing Courtesy of Douglas Elliman Real Estate

  Anil Jintoorkar

Contact Agent

Gea Elika

 212-590-0540

Inquire about 529 W 42nd Street, #5M


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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.

Highlights

  • Doorman
  • Central Air
  • Elevator

Building Information

  • Building Type: Elevator
  • Year Built: 1912

Mortgage Calculator

$
$
%
%
$/month
$/month
/year
Advanced

Your mortgage payments over years will add up to .
Estimated monthly payment: $.

Recalculate with more details

Purchase Price

Property Type

Mansion Tax
Title Insurance
Attorney Fee
Move-In Deposit
Title Search
Survey Fees
Board Application Fees
Move-In Fee
Title Search
Recording Fees (Deed)
Lien Search
Credit Check

Mortgage Financing Costs

Mortgage Recording Tax
Title Insurance
Bank Attorney Fee
Loan Application Fee
Appraisal Fee
Mortgage Recording Fee
Aztech Recognition Agreement Fee
UCC-1 Filing Fee

New Construction Costs

NYC Transfer Tax
NY State Transfer Tax
Sponsor's Attorney Fee
Total
Total
Total
Email Me Closing Costs
Export PDF
Export CSV
  View closing costs
  View Post Closing Liquidity Calculator
$
$
Property Type
Amount Financed
$
$
$
$
$
$
$
Estimated Closing Costs
$
Post-closing liquidity without 401k
months
Post-closing liquidity with 401k
months
  View more details
$
months
%
%

$
$
%
%
$/month
$/month
/year

Your mortgage payments over years will add up to .

Your rent payments over years will add up to .


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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 REBNY Listing Service, Inc. All rights reserved. Participants and their affiliated Subscribers, if applicable, shall indicate on their IDX websites that IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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