NINE52, 416 West 52nd Street: Review and Ratings

Review of 416 West 52nd Street by Carter Horsley

This attractive, red-brick, 7-story, mid-block apartment building at 416 West 52^nd Street between 9^th and 10^th avenues has 156 condominium units and was erected in 1940 as a facility of St. Vincent’s Hospital.

According to an August 18, 2015 article by Konrad Putzier at therealdeal.com Joseph Chetrit of The Chetrit Group bought this building and another at 432 West 53nd Street in 2007 in partnership with Tessler Developments for $88.7 million.  In 2014, Chetrit sold 432 West 52^nd Street to a partnership between JVL Property Group, Okada Acquisitions and Zion Enterprises, which then converted the building to condominiums.  In 2015, Chetrit, who had converted this building to rental apartments, sold it to Gaia Real Estate for $156.5 million.

The architect for the condominium conversion by Gaia was Karl Fischer.

Bottom Line

A former hospital facility in Midtown West, this 7-story, red-brick building west of Ninth Avenue has a 24-hour doorman and a good package of amenities.

Description

The red-brick building has a gray one-story base with an angled entrance surround and wood entrance doors.

Amenities

The building has a 24-hour doorman, a roof deck, a landscaped courtyard, a fitness center, a yoga room, residents’ lounge, a wine lounge with private dining room, bicycle room and private storage.

Apartments

Apartments have stained white oak floors and LG washers and dryers and Caesarstone kitchen countertops.

Penthouse 823 is a two-bedroom unit with an 18-foot-long living/dining room with an open, pass-through kitchen and a very large terrace.

Apartment 712 is a three-bedroom unit with an entry foyer that leads past an open, pass-through, 9-foot-wide kitchen to a 14-foot-long living/dining room.

Apartment 312 is a three-bedroom unit with an entry foyer that leads past an open, pass-through, 10-foot-long kitchen to a 20-foot-wide living/dining room.

Apartment 312 is a two-bedroom unit with and very long entry foyer that leads to 20-foot-wide, living/dining room with an open kitchen.

Apartment 214 is a two-bedroom duplex with a 36-foot-long living/dining room with an open, pass-through kitchen and the bedrooms on the upper level and a 19-foot-wide recreation room on the lower level.

Apartment 205 is a two-bedroom duplex with an entry foyer that leads past a 12-foot-wide open kitchen to a 15-foot-wide living/dining room and the bedrooms on the upper level and a 14-foot-wide recreation room on the lower level.