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There is one apartment for sale at 421 West 54th Street (last updated on Apr 18, 2024)

The Hit Factory, 421 West 54th Street

Condo located in Midtown West, between 54th Street & 55th Street

Description of The Hit Factory at 421 West 54th Street

Originally constructed in 1928, The Hit Factory underwent a transformation into condominiums in 2006, paying homage to its illustrious past as a recording studio frequented by music legends such as The Beatles, Madonna, and Bruce Springsteen. In 1994, the facility earned an impressive 41 Grammy nominations for songs recorded, mastered, or mixed within its state-of-the-art studios.

Nestled in the vibrant heart of Hell's Kitchen, this seven-story, 27-unit building stands as a testament to musical history, surrounded by popular restaurants, nightlife, cultural hubs, and convenient transportation options. Boasting a part-time doorman, The Hit Factory offers a suite of amenities including a package room, parking garage, fitness center, storage, and a rooftop deck. Investors, pied-a-terres, and pets are all welcome.

Strategically located on historic West 54th St, The Hit Factory, founded in 1993, holds a rich legacy as the recording site for iconic albums spanning Michael Jackson's "HIStory" to Mariah Carey's "Butterfly" and Beyonce's "Dangerously In Love." Converted to condos in 2006, the six-story building houses 27 luxury homes, featuring an attended lobby, fitness center, and rooftop access. Positioned minutes away from Central Park, Columbus Circle, Lincoln Center, Times Square, and the Theater District, The Hit Factory offers a central and exciting living experience, with easy access to A/C/E, 1, B/D, and N/Q/R/W trains connecting residents to the rest of the city.

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Building Facts

  • Year Built: 1928
    Converted Year: 2006
    Building Type: Condo
    Neighborhood: Midtown West (Manhattan)
    Minimum Down: 20%
  • Total Apartments: 27 27
    Total Floors: 7
    Doorman: PT Doorman
    Pets: Allowed
    Total Floorplans:

Apartment Pricing Stats

Avg. Price / ft2
Avg. Price / ft2

Building Amenities

  • PT Doorman
  • Pre War
  • Resident Storage
  • Full Service Garage
  • Rooftop Terrace
  • Video Intercom
  • Washer/Dryer in building
  • Elevator
  • Mail Room
  • Fitness Center

Apartments for Sale at 421 West 54th Street (1) View history of all units

1
Available Apt
$1.35M
Price Range
$1,201
Avg. Price / ft2
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The Hit Factory: Rating

17
Out of 44

Architecture Rating: 17 / 44

+
21
Out of 36

Location Rating: 21 / 36

+
16
Out of 39

Features Rating: 16 / 39

+
8
=
62

CityRealty Rating Reference

 
Architecture
  • 30+ remarkable
  • 20-29 distinguished
  • 11-19 average
  • < 11 below average
 
Location
  • 27+ remarkable
  • 18-26 distinguished
  • 9-17 average
  • < 9 below average
 
Features
  • 22+ remarkable
  • 16-21 distinguished
  • 9-15 average
  • < 9 below average
 

Carter Horsley's Review of The Hit Factory

Carter Horsley's Building Review
"In 2006, this building, which was The Hit Factory, one of the world's most famous recording studios, was converted to 27 residential condominiums.

Such musicians as John Lennon, Stevie Wonder, Billy Joel, the Rolling Stones, Madonna, U2 and others recording many of their most famous and popular albums in this red-brick building between Ninth and Tenth Avenues." Read Carter's Full Review
Pros
  • Famous building
  • "Tea for Two" bathtubs
  • Keyed entry elevators
  • Fitness center
  • Roof deck
  • Color video intercom and security systems
  • High ceilings
  • Very attractive lobby
  • Garage
Cons
  • No balconies
  • No sidewalk landscaping

Broker & Buyer Comments

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Subways

  1. E
  2. C
at 8th Ave and 51st 0.32 miles
  1. 1
  2. B
  3. D
  4. A
at Columbus Circle 0.35 miles
  1. N
  2. Q
  3. R
at 7th Ave 0.42 miles
 

Sales Summary - Past 12 Months

View By Apartment Sizes
Past 12 Months
$1,185
Avg. Price / ft2
Based on 1 Sales
 

Closing History - Last 10 sales

10
Units Sold
$1.3M - $6.2M
Price Range
$1,363
Avg. Price / ft2

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