The Armory

529 West 42nd Street, 5M

Clinton   |   Tenth Avenue & Eleventh Avenue

Co-op [Full-Time Doorman]
$ 929,000
Rooms 3
Bedrooms 1
Bathrooms 1
Status Active
Maintenance [Monthly] $ 2,115
Financing Allowed 80%
Listing ID: 2114128

Jason Bauer

License

Manager, Licensed Associate Real Estate Broker

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Property Description

Welcome to an exceptional opportunity to transform a unique NYC loft into your dream space. This apartment, part of a deceased estate, requires a complete gut renovation, presenting a blank canvas for those with a vision. With soaring 14-foot ceilings, this expansive loft invites creativity and the possibility of reimagining the layout to suit your style. The unique features of this property, such as the high ceilings and potential for a complete redesign, make it a one-of-a-kind opportunity.

The potential here is limited only by your imagination. Use the generous cubic footage to maximize the space with additional rooms or open-concept designs. The apartment boasts large oversized windows that flood the space with an abundance of natural light, creating a bright and airy atmosphere. While it may require significant updates, the delightful potential for beautiful parquet flooring and ample storage is worth exploring.

Located at The Armory, this building captures the dynamic essence of New York City, known for its artistic flair. The building features amenities like a designated bike room, a shared rooftop deck, personal storage options, and a resident superintendent. Enjoy the convenience of 24/7 doorkeeper service and elevator access. Laundry facilities are available on every floor; pets are allowed with board approval.

Situated at 529 West 42nd Street, The Armory is zoned for live/work use, granting you the flexibility to tailor the space to your residential or business needs. The building encourages co-purchasing, subletting, and using guarantors, promoting a sense of community and partnership. Financing options include 80% financing and no flip tax, with minimal rental restrictions that make short-term rentals (3 to 12 months) feasible right after purchase.

Don't miss this rare chance to reconfigure a piece of NYC history. All information regarding the property is deemed reliable, though Douglas Elliman does not guarantee its accuracy. Regulations are subject to change, and interested parties should consult for the most current property conditions.

Welcome to an exceptional opportunity to transform a unique NYC loft into your dream space. This apartment, part of a deceased estate, requires a complete gut renovation, presenting a blank canvas for those with a vision. With soaring 14-foot ceilings, this expansive loft invites creativity and the possibility of reimagining the layout to suit your style. The unique features of this property, such as the high ceilings and potential for a complete redesign, make it a one-of-a-kind opportunity.

The potential here is limited only by your imagination. Use the generous cubic footage to maximize the space with additional rooms or open-concept designs. The apartment boasts large oversized windows that flood the space with an abundance of natural light, creating a bright and airy atmosphere. While it may require significant updates, the delightful potential for beautiful parquet flooring and ample storage is worth exploring.

Located at The Armory, this building captures the dynamic essence of New York City, known for its artistic flair. The building features amenities like a designated bike room, a shared rooftop deck, personal storage options, and a resident superintendent. Enjoy the convenience of 24/7 doorkeeper service and elevator access. Laundry facilities are available on every floor; pets are allowed with board approval.

Situated at 529 West 42nd Street, The Armory is zoned for live/work use, granting you the flexibility to tailor the space to your residential or business needs. The building encourages co-purchasing, subletting, and using guarantors, promoting a sense of community and partnership. Financing options include 80% financing and no flip tax, with minimal rental restrictions that make short-term rentals (3 to 12 months) feasible right after purchase.

Don't miss this rare chance to reconfigure a piece of NYC history. All information regarding the property is deemed reliable, though Douglas Elliman does not guarantee its accuracy. Regulations are subject to change, and interested parties should consult for the most current property conditions.


Listing Courtesy of Douglas Elliman Real Estate

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Apartment Features

A/C
529 West 42nd Street Clinton New York NY 10036

Building Details [529 West 42nd Street]

Ownership Co-op
Service Level Full-Time Doorman
Access Elevator
Pet Policy Pets Allowed
Block/Lot 1071/7502
Building Type Loft
Age Pre-War
Year Built 1929
Floors/Apts 9/151

Building Amenities

Bike Room
Common Storage
Laundry Rooms
Playroom
Roof Deck

Building Statistics

$ 723 APPSF

Closed Sales Data [Last 12 Months]

Mortgage Calculator in [US Dollars]

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Loan Amount

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 REBNY Listing Service, Inc. All rights reserved. Additional building data provided by On-Line Residential [OLR].
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.