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Off market
  • $2,736,200

    421 W 54th St APT 5D, New York, NY 10019

    3beds
    2,378sqft
    Condo
    Built in 1928
    -- sqft lot
    $2,736,200 Zestimate®
    $1,151/sqft
    $22,000 Estimated rent

    Home value

    $2,736,200

    $2.44M - $3.06M

    $22,000/mo

    Zestimate® history
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    $22,000/mo

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    $20,530/mo

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    $20,530/mo

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    What's special

    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-à-terres and pets are welcome. In close proximity to Central Park, Columbus Circle, Lincoln Center, Times Square, the Theater District and the Hudson River.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Appliances
    • Included: Dishwasher, Dryer, Washer
    Features
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 2,378 sqft

    Property

    Parking
    • Total spaces: 1
    Features
    • Has view: Yes
    • View description: City
    Details
    • Parcel number: 010641121

    Construction

    Type & style
    • Home type: Condo
    Condition
    • Year built: 1928

    Community & HOA

    Community
    • Features: Doorman
    HOA
    • Has HOA: Yes
    • HOA fee: $3,576 monthly
    Location
    • Region: New York

    Financial & listing details

    • Price per square foot: $1,151/sqft
    • Tax assessed value: $877,988
    • Annual tax amount: $47,313

    Price history

    DateEventPrice
    8/28/2021Listing removed--
    Source: StreetEasy Report a problem
    5/10/2021Pending sale$2,895,000$1,217/sqft
    Source: StreetEasy #4432520 Report a problem
    3/22/2021Listed for sale$2,895,000$1,217/sqft
    Source: StreetEasy #4432520 Report a problem
    1/8/2021Listing removed$2,895,000$1,217/sqft
    Source: Douglas Elliman #4432520 Report a problem
    9/15/2020Listed for sale$2,895,000+2.5%$1,217/sqft
    Source: Douglas Elliman #4432520 Report a problem
    5/8/2013Sold$2,825,000+16.5%$1,188/sqft
    Source: OneKey® MLS as distributed by MLS GRID #L2567303 Report a problem
    5/1/2008Sold$2,425,000$1,020/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$47,313 -1.4%$395,094 +6.3%
    2024$47,990 -0.2%$371,617 +2.3%
    2023$48,088 $363,166 -4.9%
    2022-- $381,753 +0.2%
    2021-- $380,884 -9.7%
    2020-- $421,870 +2.3%
    2019$33,609 -23%$412,394 +1.4%
    2018$43,672 +8.1%$406,876 +5.2%
    2017$40,407 +7.4%$386,690 +15.3%
    2016$37,615 $335,350 +8.6%
    2015$37,615 +117.8%$308,783 +5.1%
    2014$17,269 $293,696 +11.3%
    2013-- $263,940 +2.7%
    2012-- $257,118 +0.4%
    2011-- $256,116 +10%
    2010-- $232,833 -11.5%
    2009-- $263,102
    Find assessor info on the county website

    Neighborhood: Hell's Kitchen

    Nearby schools

    GreatSchools rating