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A blog from CityRealty (Links below will take you to the 6sqft site)

The Hit Factory, 421 West 54th Street, #4E

$1,250,000 ($1,112 per ft2) -13.8% | 1 bed, 2 baths | Approx. 1,124 ft2
93 days on Market

Key Details

  • Listed: May 12, 2022
    Last Price Change: -7.4% ($100,000) on Jun 9
    Days on Market: 93
    Building Type: Condominium
    Neighborhood: Midtown West (Manhattan)
    Doorman: PT Doorman
    Listing viewed 231 times
Monthly Common Charges: $1,290
Monthly Real Estate Taxes: $1,499
Total Taxes & Fees: $2,789 ($2.48/ft2)
Est. Monthly Mortgage: $5,597
Total Est. Monthly Carrying Cost: $8,386 ($7.46/ft2)
Note: the above is based on a down payment of 20% ($250,000), which is the minimum amount permitted by the building.

Open house:

  • Tue Aug 16 at 5:30 pm - 7:00 pm. By appointment only.

Description

This is an extraordinary apartment - stylish, large, and with a flexible layout - in the famed Hit Factory building in Hell’s Kitchen. Currently configured as a one bedroom plus a guest bed/office, it has two full baths and tons of storage. This spacious home also features a state-of-the-art open kitchen with top-of-the-line stainless steel appliances & cabinets, and an oversized Jet Mist gray stone countertop - all perfect for entertaining.

The home is a north facing serene sanctuary with 11+ foot ceilings, rare oversized windows and beautiful oak hardwood floors.

The spacious primary bedroom has an extra-large bathroom designed with a Kohler bathtub, separate shower stall, double sink and Waterworks fixtures. The guest bedroom/office, with the possibility to add a screen wall for privacy, is perfectly far from the primary bedroom. Throughout the apartment, upgrades have been made to maximize storage and versatility: custom made bamboo shelving, cabinets and clothing, linen and shoe cubbies in closets and master bath.

Additionally there is a washer/dryer in a utility closet, individual controlled heating & air conditioning in each room, and a Siedle security system. A sizable storage room is also included with this loft.

The Hit Factory, one of the music industry’s most legendary recording complexes, was converted in 2008 into 27 luxurious residences. This fabulous building offers a doorman (8am - 5pm, 7 days a week), fitness room, and a huge common roof terrace.

Located in the vibrant Hell’s Kitchen neighborhood with countless eclectic restaurants, just a stroll to Central Park, Columbus Circle, and Whole Foods. Convenient to many subway lines.

Posted real estate tax is estimate for use as primary residence and held under personal name. There is a $442 monthly assessment thru May 2025,

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Apartment Amenities

  • Washer/Dryer in apt.

Listing Agent (Seller's Representative)

Similar Apartments Nearby

 

Pricing History

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About The Hit Factory, 421 West 54th Street

62

The Hit Factory, 421 West 54th Street has received a CityRealty Rating of 62, 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

17
Out of 44
+
21
Out of 36
+
16
Out of 39
+
8
=
62
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Very Attractive 5 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
Well Done 1 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
Yes and Good 2 out of 3 points
Skyline:
Not Visible 0 out of 2 points
Local Visibility:
Partially Visible 1 out of 2 points
Watertank:
Enclosed 1 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:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unified Design 1 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 20 blocks 4 out of 5 points
Views:
Open 2 out of 4 points
Neighborhood Ambience:
Attractive 2 out of 3 points
Traffic Noise:
Very Little 3 out of 3 points
Protected Views:
Only Top Floors 1 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:
More than 6 Short Blocks 0 out of 2 points
Distance To Water:
More than 6 Short Blocks 0 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:
Spacious 4 out of 5 points
Units Per Floor:
5-9 2 out of 5 points
Ceiling:
9-11 Feet 2 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:
Considerable 2 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
None 0 out of 1 points
Concierge:
None 0 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
Yes 1 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:
Yes 1 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
No 0 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Many 2 out of 2 points
  • Condo
  • Built in 1928
  • 27 Apartments
  • 7 Floors

Building Amenities

  • Conversion Year: 2006
  • PT Doorman
  • Pre War
  • Resident Storage
  • Full Service Garage
  • Rooftop Terrace
  • Video Intercom
  • Washer/Dryer in building
  • Elevator
  • Mail Room
  • Fitness Center

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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
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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

Other Apartments Available in this Building (2)

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Pricing comparison

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Listing provided courtesy of Brown Harris Stevens