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In Contract

50 West 29th Street, #5W

$2,995,000 ($1,361 per ft2) | 2 beds, 2 baths | Approx. 2,200 ft2
Building Profile  | 
6 days on Market

Key Details

  • Listed: Nov 15, 2024
    Days on Market: 6
    Building Type: Cooperative
    Neighborhood: Chelsea (Manhattan)
Monthly Maintenance: $3,253 ($1.48/ft2)
Est. Monthly Mortgage: $15,892
Total Est. Monthly Carrying Cost: $19,145 ($8.70/ft2)
Note: the above is based on a down payment of 20% ($599,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Chef's Kitchen: Open kitchen with a generous island, top-of-the-line Miele appliances, and a Wolf six-burner range for culinary excellence.
  • Luxurious Primary Suite: Sunlit retreat with south-facing windows, a sprawling walk-in dressing room, and a spa-inspired bath with dual sinks.
  • Versatile Home Office/Den: Oversized space with transom windows, perfect for creative professionals seeking a functional work environment.
  • Intimate Boutique Co-op: Only two residences per floor in a 26-unit building, offering low maintenance fees and a live/work ownership option.
  • Stunning Pre-War Loft Design: An architect's personal masterpiece featuring a seamless blend of contemporary design and practical living.
  • Expansive Living Space: Approx. 2,200 ft² with 10.5-foot ceilings and oversized industrial-style windows offering iconic NYC views.

Description

An architect’s personal masterpiece, this stunning two-bedroom, two-bathroom pre-war loft seamlessly integrates contemporary design, with practical, private living within a boutique co-op hosting just two residences per floor. Residence 5W emerges as a unique gem, marked by its lofty 10.5 ceilings, expansive windows on three sides, and classic New York City vistas, including the iconic Empire State Building. As you step inside, a bright and airy living room with built-in bookshelves greets you, offering corner views to the west and north through oversized industrial-style windows.

The focal point of the home, however, lies in the open chef’s kitchen with its generous islanda seamless fusion of style and functionality. Equipped with top-of-the-line appliances by Miele, including a Wolf six-burner range, stainless-steel accents, and ample cabinet space, this culinary haven ensures an unparalleled cooking or entertaining experience, with an adjacent dining area. The sunlit primary bedroom suite provides a serene retreat, framed by expansive south-facing windows overlooking landmarked Tin Pan Alley, extending the view onto the balcony.

This oasis features a sprawling walk-in dressing room and a luxurious spa-inspired primary bath with dual sinks, a deep-soaking tub, and walk-in shower. On the opposite end of the home, the comfortable second bedroom boasts oversized north-facing windows and ample closet space, providing a haven of comfort and style. Additional highlights of this exceptional loft include a convenient laundry room, an oversized home office and/or den with transom windows, polished concrete-like floors, central air conditioning and spotlighting throughout.

Nestled within The Flower Tenants Corporation, an intimate 26-unit elevator building with only two apartments per landing, residents enjoy remarkably low maintenance fees, partially subsidized by the cooperative’s ownership of two commercial tenants. With live/work ownership permitted, this residence caters to architects, designers, and other creative professionals seeking a versatile living space. Conveniently located in NoMad, just a brief stroll from Madison Square Park, Whole Foods, Trader Joes, Eately, Equinox, the ACE and NoMad Hotels, The Ned, Fifth Avenue, trendy lounges and accessible transportation options, 50 West 29th Street offers unparalleled accessibility to amenities and transportation.

80% financing is permitted. 2% flip tax.

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Listing courtesy of OFFICIAL

Pricing History

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About 50 West 29th Street

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Subways

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at Broadway 0.07 miles
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at 7th Ave 0.20 miles
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at 6th Ave 0.25 miles
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at 7th Ave 0.29 miles
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at Park Ave 0.36 miles
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  2. E
at 8th Ave and 25th 0.44 miles
  1. A
at 8th Ave and 35th 0.46 miles

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