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The Bakery, 521 West 47th Street, #4B

Listing no longer available on CityRealty as of Jun 4, 2019
It previously was on the market for a total of 1,216 days.
Last Sold on Dec 17, 2004 for $1,247,000
3 beds, 2 baths | Approx. 2,250 ft2
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1216 days on Market

Pricing History

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Key Details

  • Listed: Feb 4, 2016
    Last Price Change: -1.9% ($35,000) on Jun 4
    Days on Market: 1216
    Building Type: Cooperative
    Neighborhood: Midtown West (Manhattan)
    Listing viewed 629 times
Monthly Maintenance: $3,412 ($1.52/ft2)
Est. Monthly Mortgage: -
Total Est. Monthly Carrying Cost: $13,074 ($5.81/ft2)
Note: the above is based on a down payment of 20% ($352,000), which is the minimum amount permitted by the building.

Description

An oasis in the sky – sprawling duplex penthouse with a private terrace

A truly unique home in the heart of Hell's Kitchen, penthouse 4B is an investor friendly 3 or 4 bedroom home that spans across two private levels. The expansive living room features delightful natural light, a wood-burning fire place with custom built-ins on both ends, and a home office or bedroom tucked away behind French doors. Through a long corridor of custom closets is a private bedroom outfitted with a large walk-in closet, lofted storage space and an en-suite marble bathroom.

The first floor is finished by a formal vented laundry room and a spacious open kitchen featuring granite countertops, cherry wood cabinetry and stainless steel appliances. There is an additional 3 feet of ceiling height on this level.

Up the gracious sweeping staircase is the private master suite, sunroom and landscaped terrace.

With soaring 14-foot wood beamed ceilings, highlights of the master bedroom include a wood-burning fireplace, walk-in closet and a terra cotta tiled bathroom with a skylight. This floor is completed by a serene 350-square-foot private terrace and a stained glass library with a wet bar located off its rear, which can be used as a 4th bedroom. A truly special home, additional features include central air, a virtual doorman and northern and eastern exposures.

Built in 1910, the Bakery Building is a boutique walk-up building nestled in the charming Hell’s Kitchen neighborhood. Located just moments from the Hudson River Park and famous Broadway Theaters, the neighborhood is filled with beloved restaurants including Sullivan Street Bakery, The Palm, Becco, La Bergamote, the newly open Gotham West Market, all of Restaurant Row and three quiet parks.

Building Info:
Tax Deductibility: 61%
Sublet Policy: Can rent upon purchasing with board approval and can rent continuously with approval from the board.

Gifting / Co-purchasing: Allowed

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Apartment Amenities

  • Terrace
  • City View
  • Washer/Dryer in apt.

About The Bakery, 521 West 47th Street

55

The Bakery, 521 West 47th Street has received a CityRealty Rating of 55, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

13
Out of 44
+
22
Out of 36
+
13
Out of 39
+
7
=
55
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Attractive 4 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
No Canopy 1 out of 3 points
Alterations:
Well Done 1 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
No, but OK 1 out of 3 points
Skyline:
Not Visible 0 out of 2 points
Local Visibility:
Partially Visible 1 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Discrete 1 out of 2 points
Free Standing:
No 0 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
None 0 out of 2 points
Fenestration:
No Consistency 0 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unrelated Base 0 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Average Mix 2 out of 5 points
Distance To Neighborhood Center:
Less than 10 blocks 5 out of 5 points
Views:
Open 2 out of 4 points
Neighborhood Ambience:
Bland 1 out of 3 points
Traffic Noise:
Some 2 out of 3 points
Protected Views:
None 0 out of 2 points
Distance To Subway:
More than 5 Short Blocks 0 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
3-5 Short Blocks 1 out of 2 points
Distance To Park:
3-6 Short Blocks 1 out of 2 points
Distance To Water:
Less than 3 Short Blocks 2 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Minimal but Attractive 2 out of 5 points
Units Per Floor:
3-4 3 out of 5 points
Ceiling:
11-14 Feet 3 out of 4 points
Balconies:
Some 1 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
None 0 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
Some 1 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
None 0 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
None 0 out of 2 points

Building Amenities

  • Conversion Year: 1984
  • Pre War
  • Walk Up
  • Intercom
  • Rooftop Terrace
  • Elevator
  • Mail Room
  • Laundry Room
  • In-Unit Washer/Dryer
  • Bike Room
  • Terraces / Balconies
  • Virtual Doorman

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