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$2,846,750
List price: $2,895,000
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421 West 54th Street #5D
Condo in Hell's Kitchen • 
building info
3bd • 3ba • 2,378 ft 2
List price

$2,895,000

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Key Details
Days on market
292
Last price change
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Estimated payment
$25,640
Taxes
$2,946
Monthly common charges
$3,576
Description
The renowned Hit Factory building, where some of the greatest landmark music chart toppers were created and produced. The artistic energy continues... Jonathan Lynn the acclaimed television and film producer, director and writer and his wife have made this dramatic, open and airy three bedroom, three bathroom their home. High 11' ceilings and large windows with three exposures provide wonderful natural light throughout the apartment with open city views facing south and west. The gracious foyer entry leads you into the sprawling main living area with a stunning open kitchen featuring top-of-the-line stainless steel appliances by Bosch and SubZero, sleek cabinetry including 2 oversized pantries, a 160-bottle wine cooler, excellent counter space and a breakfast bar. The living/dining space is perfect for large scale entertaining or more intimate gatherings centered around a gas-burning fireplace. The back wing of the apartment leads you to three well-scaled bedrooms. All of these rooms have large windows and are bright and cheerful. The master suite features a wall of closets and the large en-suite bathroom includes a double vanity, a spa-like soaking tub and glass stall shower. The large second bedroom features custom floor-to-ceiling cabinetry and book cases as well as wall of closets and its own en-suite bathroom. The adjacent third bedroom/office has a full wall of closets with a third full bathroom across the hall. Additional features of this home include a gas burning fireplace, wide-plank hardwood flooring throughout, an oversized walk-in entry closet and in-unit washer/dryer. This home also includes its own private storage space and private parking space in the building's garage. The Hit Factory is one of the best-known recording studios of all time, gaining a worldwide reputation for producing landmark music, chart-toppers and platinum sales. Music powerhouses The Rolling Stones, John Lennon, Billy Joel, Bruce Springsteen, Stevie Wonder, Eric Clapton, Paul Simon, Michael Jackson, Madonna, U2, Christina Aguilera, and Mariah Carey have all recorded on the premises. The studio made history in 1994 when 41 Grammy nominations were awarded to songs that were recorded, mastered or mixed on the state-of-the-art equipment for which the Hit Factory became internationally famous. Converted to Condominium Loft Residences in 2006, The Hit Factory is one of Manhattan's most prominent residential buildings, designed to embrace the studio's history with a modern feel throughout its luxurious amenities and sleek, contemporary finishes. The boutique building offers 8am to 9am doorman service, resident parking, fitness center, package room, private storage and a roof deck with gorgeous skyline views. Investors, pieds-?-terres and pets are welcome. In close proximity to Central Park, Columbus Circle, Lincoln Center, Times Square, the Theater District and the Hudson River.

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Important Stuff
Important Stuff
Doorman
Elevator
Washer/Dryer In Unit
Amenities
BUILDING AMENITIES
  • Gym
  • Concierge
  • Dogs allowed
  • Fios Available
  • Part-time Doorman
LISTING AMENITIES
  • Garage
  • Storage
  • City View
  • Fireplace
  • Health Club
History
What it'll cost
Purchase price
$2,895,000
Asking Price: $2,895,000
Term
30 Years
Down Payment
$289,000 (10%)
Min: 10% (289,000)
Rate
8.0 %
Mortgage Amount
$2,605,500
Mortgage Payment
$19,118
Common Charges
$3,576
Taxes
$2,946
Estimated Yoreevo rebate
$48,250
Estimated closing cost
$108,000
Total monthly cost $25,640
Buy your dream home with us and get an estimated
$48,250 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Courtesy of Douglas Elliman

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