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The Armory, 529 West 42nd Street, #2K

$920,000 ($803 per ft2) | 1 bed, 1 bath | Approx. 1,146 ft2
Building Profile  | 
98 days on Market

Key Details

  • Listed: Sep 14, 2024
    Days on Market: 98
    Building Type: Condop
    Neighborhood: Midtown West (Manhattan)
    Doorman: FT Doorman
    Listing viewed 379 times
Monthly Maintenance: $2,532 ($2.21/ft2)
Est. Monthly Mortgage: $4,887
Total Est. Monthly Carrying Cost: $7,419 ($6.47/ft2)
Note: the above is based on a down payment of 20% ($184,000), which is the minimum amount permitted by the building.

Description

Step into the quintessential essence of NYC cool and truly outside the white and glass box of uniformity with this incredible 14 foot ceilinged loft! This magnificent space takes you back to the glory days of artists, designers and intellectuals that filled NYC. Being in excellent condition, you can either move right in or redesign it to meet your personal needs.

Presently set up as a one bedroom with an office and a lofted library, the possibilities are endless. The 14’ ceiling enables you to make full use of the voluminous amount of cubic square feet allowing for additional rooms. The apartment offers huge oversized windows, beautiful parquets floors, endless and copious storage space featuring two (2) extra large walk-in closets plus an enormous storage loft, large window A/Cs, excellent full kitchen and renovated bath.

The Armory embodies the creative, artistic and dynamic spirit that makes NYC the capital of hipness and cool.

Amenities include a designated bike room and a common rooftop deck, Additional features encompass personal storage, a resident superintendent, and 24/7 doorman service with elevator access. Laundry facilities are conveniently located on every floor and pets are permitted with board approval. Situated at 529 West 42nd Street, the building is zoned as a legal live/work space, offering flexibility for residential and business purposes.

It welcomes co-purchasing, subletting, and guarantors, providing unparalleled freedom within The Armory. Building policies encompass 80% financing, no flip tax, and minimal rental restrictions, with options for short-term rentals (3 months - 12 months) with no waiting period after purchase as well as accommodations for pets and pied-a-terre’s.

All information furnished regarding property of sale or rent or regarding financing is from sources deemed reliable, but Corcoran makes no warranty or representation as to the accuracy thereof. All property information is presented subject to errors, omissions, price changes, changed property conditions, and withdrawal of the property from the market, without notice.

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Listing courtesy of Corcoran Group

Pricing History

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About The Armory, 529 West 42nd Street

36

The Armory, 529 West 42nd Street has received a CityRealty Rating of 36, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

10
Out of 44
+
15
Out of 36
+
5
Out of 39
+
6
=
36
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Unattractive 3 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
Unattractive 0 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
No and Bad 0 out of 3 points
Skyline:
Not Visible 0 out of 2 points
Local Visibility:
Partially Visible 1 out of 2 points
Watertank:
Enclosed 1 out of 2 points
Airconditioners:
Allowed and Present 0 out of 2 points
Free Standing:
No 0 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
None 0 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unrelated Base 0 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Average Mix 2 out of 5 points
Distance To Neighborhood Center:
Less than 20 blocks 4 out of 5 points
Views:
Open 2 out of 4 points
Neighborhood Ambience:
Attractive 2 out of 3 points
Traffic Noise:
A lot 0 out of 3 points
Protected Views:
Only Top Floors 1 out of 2 points
Distance To Subway:
More than 5 Short Blocks 0 out of 2 points
Firedepartment Noise:
A Lot 0 out of 2 points
Distance To Supermarket:
3-5 Short Blocks 1 out of 2 points
Distance To Park:
More than 6 Short Blocks 0 out of 2 points
Distance To Water:
More than 6 Short Blocks 0 out of 2 points
Shopping:
6-10 Short Blocks 1 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Minimal but Attractive 2 out of 5 points
Units Per Floor:
More than 15 0 out of 5 points
Ceiling:
8-9 Feet 1 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
None 0 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
None 0 out of 1 points
Concierge:
None 0 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
No 0 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Some 1 out of 2 points

Building Amenities

  • Conversion Year: 1982
  • FT Doorman
  • Pre War
  • Washer/Dryer in building
  • Elevator
  • Outdoor Entertainment Space
  • Live-In Superintendent

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Pros
  • Excellent cross-town bus service
  • Convenient to Times Square
  • Convenient to many Clinton restaurants
  • Convenient to the Theater District
  • Close to the Hudson River
Cons
  • Mixed-use building
  • A lot of traffic
  • No sidewalk landscaping
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Subways

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  5. N
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  11. 7
at 8th Ave and 44th 0.43 miles

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