Total Est. Monthly Carrying Cost:
$11,379 ($6.01/ft2)
Note: the above is based on a down payment of 25% ($416,250),
which is the minimum amount permitted by the building.
Description
!400K PRICE REDUCTION!
PENTHOUSE VALUE OPPORTUNITY! MOTIVATED SELLER! Penthouse value opportunity at the historic Piano Factory in Hell's Kitchen, just blocks from Hudson Yards.
Bring your architect and contractor for this once in a lifetime opportunity to turn this one-of-a-kind 2 bedroom/convertible 3 bedroom penthouse with a 3,300 SF private terrace perched atop the historic Piano Factory into your dream trophy penthouse.
It is one of the most unique and private penthouses in all of Manhattan with a huge private terrace and spectacular open views of the Midtown skyline, which are stunning by day and enchanting by night.
The Piano Factory is located in Hells Kitchen, the Downtown alternative, in the heart of the Clinton Special District, which has strict zoning, virtually ensuring the protection of these unobstructed and jaw-dropping views.
Penthouse 7AS possesses one of the largest private terraces in all of Manhattan.
Over 3,300 square feet in size, it is a vast and breathtaking duplexed urban garden oasis and playground, providing huge lounging, sitting and dining areas for glorious alfresco living, dining and entertaining.
The approximately 1,893 square feet of interior space of this very private penthouse is currently configured as a two bedroom, 2 full bath with a den/media area, which could easily be converted into a 3rd bedroom.
THE BUILDING:
Dating back to the late 1800s, The Piano Factory building is a loft-conversion on the site of the former Wessell, Nickel & Gross Company, a piano works and soundboard factory.
Today, the building is a well-established, self-managed co-op with very low monthlies, allowing pets, pied-à-terres and subletting.
At the entry, a Romanesque Revival archway leads you to the building's iconic European style landscaped courtyard, at once leafy yet beautifully industrial. Originally serving as the factory's storage yard, today the brick-lined outdoor spaces are punctuated by striking original steel catwalks and inviting leafy seating areas.
The Piano Factory complex has frequently been used for movie and television filming because of its photogenic beauty.
THE NEIGHBORHOOD:
Located in the heart of vibrant Hell's Kitchen, this home is at the center of quintessential New York living, just 2 blocks from the Theater District and the heart of Midtown. The amazing Hudson Yards and Brookfield Manhattan West developments to the south, and the Time Warner shops and Whole Foods to the north provide premier shopping, dining and entertainment, while the High Line, the Hudson River Greenway and nearby Central Park provide glorious outdoor Park space.
The eclectic restaurant scene of 9th Avenue is just around the corner and legendary Restaurant Row is a block away. Transportation is unbeatable with Port Authority and Times Square providing immediate access to A/C/E, 1/2/3, N/Q/R, S and 7 trains.
Please note: interior photos are virtually staged.
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