Active
  • Price cut: $100K (9/29)
    $699,000

    529 W 42nd St APT 5-M, New York, NY 10036

    1beds
    1,150sqft
    Condop
    Built in 1912
    -- sqft lot
    $-- Zestimate®
    $608/sqft
    $1,788/mo HOA

    What's special

    Blank canvasNatural lightExpansive loftHigh ceilingsLarge oversized windowsAmple storageGenerous cubic footage
    DECEASED ESTATE - STAGED PHOTOS 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 the potential for a complete redesign, make it a one-of-a-kind opportunity. DECEASED ESTATE - VIRTUALLY STAGED PHOTOS 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 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. It 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, allowing you 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. Douglas Elliman deems all information regarding the property reliable, but it does not guarantee its accuracy. Regulations are subject to change, and interested parties should consult for the most current property conditions.
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