Marketing has started for The Hit Factory Condominium at 421 West 54th Street between Ninth and Tenth Avenues that is named after the legendary recording studio that occupied the building until last year.

John Lennon recorded "Double Fantasy," his last album there and Bruce Springsteen and the E Street Bank recorded "Born in the U.S.A. there." Other musicians who used The Hit Factory over the years included Michael Jackson, Stevie Wonder, David Bowie, Billy Joel and Madonna. In 1994, 41 stongs that won Grammy nominations were recorded at The Hit Factory.

The Hit Factory was started in 1968 by Jerry Ragavoy and was purchased in 1975 by Eddie Germano, who moved it to this location in 1991.

The attractive, 6-story, red-brick, mid-block building is being converted by Sagamore Capital LLC of Carefree, Arizona and Arpad Baksa is the architect for the conversion of the 100,000 square foot building, which has a polished granite base with an arched entrance, and large multi-paned windows.

Its large, attended lobby has a 13-foot-high ceiling, steel and stone paneled walls and a collection of gold and platinum albums recorded at the Hit Factory.

The building has a garage, a fitness center, private basement storage, a roof deck, and two key-locked elevators. Apartments have ceilings as high as 11 feet 4 inches, hardwood floors, Bosch washers and dryers, Siedle color video intercom with security system, Valcucine kitchens with dark wood and stainless steel cabinetry, Jet Mist gray stone countertops, Sub-Zero refrigerators, Miele five-burner gas cooktops, Bosch wall ovens, and master bathrooms have Kohler Tea for Tear cast-iron soaking tubs, and Halila limestone walls and flooring.

One-bedroom apartments with a home office range in size from 1,021 to 1,210 square feet and in price from $1,025,000 to $1,325,000. Two bed-room apartments with two-baths range in size from 1,237 to 2,378 square feet and in price from 1,250,000 to $2,425,000.

A penthouse with three bedrooms apartments and three-and-a-half baths with 3,548 square feet of interior space and 1,322 square feet of outdoor space is priced at $4,250,000.