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Active
529 W 42ND Street 5M
New York City NY, 10036
$929,000
Active
1 Bed
1 Bath
Co-op
Built in 1912
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.
RLS11028940
MLSⓇ ID
January 14, 2025
Listed
January 16, 2025
Updated
Map
529 W 42ND Street 5M
New York City NY, 10036
Interior Features
Total Stories
9
Bedrooms
1
Total Bathrooms
1
Full Bathrooms
1
Laundry Description
Building Other
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Exterior Features
Building Roof Deck, None
Architectual Style
Loft
Other Property Details
Maintenance Fee
$2,115
Maintenance Fee Frequency
Monthly
Garage
No
View
No
County
NewYork
Pool
No
Listed by Anil Jintoorkar with Douglas Elliman Real Estate
Listing Contact: (516) 669-5615
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 The Real Estate Board of New York, Inc., All rights reserved
Data last updated on 1/16/2025 at 7:08 AM UTC