Full-floor apartments are all the rage. Time-savers, multiple exposures, and no awkward encounters with neighbors banging late night on your walls. Even better if you own the penthouse. New opportunities for this private style of city living have come online at 424 West 52nd Street in Hell's Kitchen. The small-statured condominium development features seven full-floor, two-bedroom apartments priced from $1.85 million.
The glass-clad construct was brought to market by New Empire Real Estate Development. According to city records, the Brooklyn-based developer bought the vacant 25-foot-wide property for $4.7 million in 2016 and quickly proceeded to erect the discreet, sidestreet venture designed by Brooklyn-based Building Consulting Engineering & Architecture. The height of the seven-story, the 66-foot-tall building is congruous with its neighbors that include the recently-converted buildings of Midtown St. Vincent’s Hospital that include the 156-unit condo NINE52 at 416 West 52nd Street). It's surrounding Hell's Kitchen neighborhood is notable for its low-scale, tree-lined streets, restaurants, and proximity to the Theater District, Central Park, and Midtown offices.
The glass-clad construct was brought to market by New Empire Real Estate Development. According to city records, the Brooklyn-based developer bought the vacant 25-foot-wide property for $4.7 million in 2016 and quickly proceeded to erect the discreet, sidestreet venture designed by Brooklyn-based Building Consulting Engineering & Architecture. The height of the seven-story, the 66-foot-tall building is congruous with its neighbors that include the recently-converted buildings of Midtown St. Vincent’s Hospital that include the 156-unit condo NINE52 at 416 West 52nd Street). It's surrounding Hell's Kitchen neighborhood is notable for its low-scale, tree-lined streets, restaurants, and proximity to the Theater District, Central Park, and Midtown offices.
Model living room
In this article:
Bedrooms overlook a quiet year yard and master's have a balcony
#1 is a 2-bed available for $1.85M
According to marketing materials and new model-unit photos, all residences feature high ceilings, triple-glazed floor-to-ceiling windows, and wide-plank white-oak flooring. Kitchens have two-toned cabinetry, an integrated Miele appliance suite, and polished Emperador gray marble countertops and backsplash. Master baths are caressed by Volakas marble radiant-heated floors and marble herringbone walls. Floating oak wood vanities, soaking tubs, and Waterworks Flyte polished fixtures complete the spa-like experience.
An offering plan with a $16.05 million sellout was accepted earlier this spring, and the two layouts available include a ground-floor two-bedroom spanning 931 square feet asking $1.85M and the floor-through #3, spanning 1,320 square feet, priced at $2.195 million. The average price per square foot of the availabilities is $1,797, quite competitive for a new development condo.
Average closing PPSF of Midtown West two-bedroom condos over time (CityRealty)
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Common building features include private keyed elevator entry, a virtual doorman, bike storage, package room and a landscaped roof deck with outdoor dining and grilling. According to the development team, a part-time resident manager and maintenance services have been hired to make sure every residence is well taken care of.
According to CityRealty data, the average listing price of a Midtown West two-bedroom condo is $2,190,000 or $1,792 per square foot. Other new condo developments in the area include Charlie West, Bloom on Forty Fifth, and Inkwell. On the luxury rental side, Oskar and Gotham West have made quite an impression.
Would you like to tour any of these properties?
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