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The Bakery
521 West 47th Street, 4-B
Hell's Kitchen, Manhattan | Tenth Ave & Eleventh Ave
Loft 6 Rooms3 Beds2 Baths2,250 Square FeetCo-op
$1,760,000
$1,760,000
Updated 7 years ago
Sold

The Bakery

521 West 47th Street, 4-B

Hell's Kitchen, Manhattan | Tenth Ave & Eleventh Ave

Loft 6 Rooms3 Beds2 Baths2,250 Square FeetCo-op

$1,760,000
Maintenance$3,412
Price Per SF
$782

Listing Features

  • Abundant Closets
  • Beamed Ceilings
  • Custom Closets
  • Dressing Area
  • Duplex
  • Entry Foyer
  • Exposed Brick
  • French Doors
  • Hardwood Floors
  • High Ceilings [10']
  • Home Office
  • Laundry Room
  • Library / Den
  • Penthouse/Top Flr
  • Recessed Lighting
  • Solarium
  • Walk-in Closet
  • Washer / Dryer
  • WBFP
  • Wet Bar
  • Oversized Windows
  • Skylights
  • Wall of Windows
  • Window Treatments
  • Dishwasher
  • Microwave
  • Open Kitchen
  • S Steel Appliances
  • En Suite Bathroom
  • Marble Bathroom

Outdoor space and views

  • Terrace
  • City Views
  • East Exposure
  • North Exposure

Building Amenities

  • Virtual Doorman
  • Laundry Room

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 521 West 47th Street, 4-B

An oasis in the sky – sprawling duplex penthouse with a private terrace

A truly unique home in the heart of Hell's Kitchen, penthouse 4B is an investor friendly 3 or 4 bedroom home that spans across two private levels. The expansive living room features delightful natural light, a wood-burning fire place with custom built-ins on both ends, and a home office or bedroom tucked away behind French doors. Through a long corridor of custom closets is a private bedroom outfitted with a large walk-in closet, lofted storage space and an en-suite marble bathroom. The first floor is finished by a formal vented laundry room and a spacious open kitchen featuring granite countertops, cherry wood cabinetry and stainless steel appliances. There is an additional 3 feet of ceiling height on this level.

Up the gracious sweeping staircase is the private master suite, sunroom and landscaped terrace. With soaring 14-foot wood beamed ceilings, highlights of the master bedroom include a wood-burning fireplace, walk-in closet and a terra cotta tiled bathroom with a skylight. This floor is completed by a serene 350-square-foot private terrace and a stained glass library with a wet bar located off its rear, which can be used as a 4th bedroom. A truly special home, additional features include central air, a virtual doorman and northern and eastern exposures.

Built in 1910, the Bakery Building is a boutique walk-up building nestled in the charming Hell’s Kitchen neighborhood. Located just moments from the Hudson River Park and famous Broadway Theaters, the neighborhood is filled with beloved restaurants including Sullivan Street Bakery, The Palm, Becco, La Bergamote, the newly open Gotham West Market, all of Restaurant Row and three quiet parks.

Building Info:
Tax Deductibility: 61%
Sublet Policy: Can rent upon purchasing with board approval and can rent continuously with approval from the board.
Gifting / Co-purchasing: Allowed

Building Details for 521 West 47th Street

OwnershipCo-op
Building TypeLoft
Service LevelVirtual Doorman
AgePre-War
AccessWalk-up
Year Built1910
Financing Allowed90%
Floors/Apts4/16
Learn More About the Building

Transit and Citi Bike

Subway

50 St
0.42 miles
42 St-Port Authority Bus Terminal
0.46 miles

Citi Bike

W 47 St & 10 Ave
0.06 miles
W 50 St & 10 Ave
0.14 miles

Contact Agent

Contact Agent

McKenzie Ryan
Compass

Hell's Kitchen | Manhattan

Quick Profile

There is some mystery surrounding Hell’s Kitchen and how it got its name. There’s the tale about two policemen discussing how horrendous the neighborhood was back in 1880’s. The rookie cop turned to the veteran cop and said, “this place is hell.” The veteran cop replied, “No, this is hell’s kitchen.” Some say it's named after a notorious 19th century motorcycle gang. Even the historians will tell you the neighborhood's name has dubious origins. 

Regardless of how it got its name, Hell’s Kitchen is here to stay.

Hell’s Kitchen is an iconic neighborhood on the west side of Manhattan. Its boundaries are 34th and 59th streets and 8th Avenue to the Hudson River. The neighborhood has a dense urban feel with plenty of bars, bodegas, restaurants and coffee shops. It’s inhabited by an eclectic mix of young professionals, long term residents from the old days, LGBQT community and members of the performing arts community - due to the highest number of off Broadway theatres in all of New York CIty. 

From the early 1800’s to the 1980’s, Hell’s Kitchen held the title for one of the toughest neighborhoods in the city. In its early history it was populated by poor working class Irish and street gangs. Riots, violence, and crime were not uncommon. During prohibition times it was said that Hell’s Kitchen had more speakeasies than children. 

Several attempts of neighborhood rebranding have taken place over the years. Clinton, Midtown West, and even the short-lived Hell’s Canyon are a few of the replacement names that have been used. Hell’s Kitchen has a lot of grit and no shortage of fortitude. A trendy name change seems doubtful. 

Hell’s Kitchen benefited greatly from the Times Square clean up in the 1990’s. When crime rates lowered and adult theatres and prostitution disappeared, Times Square became less sleazier. Soon after, Hell’s Kitchen changed. The days of Gangsters, Irish immigrants, and rough and tumble housing tenements are part of its storied history. They’ve been replaced with bars, bodegas, restaurants, off broadway theatres, and luxury buildings. The recent completion of Hudson Yards and the Highline extension has brought new life into Hell’s Kitchen 

Low-rises, brownstones, row houses and 5 to 6 floor walk ups with studio and one bedroom apartments are common in Hell’s Kitchen. The local zoning laws from previous years kept the building heights on the lower side. Over the past decade, developers have been granted exceptions to building height zoning laws and created more modern highrise developments.

More

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Manhattan | August 2022

According to New York City records, the median price for an apartment in Manhattan in the month of August 2022 was $1,175,000 The price represents an increase of 9.6% from last year’s median price of $1,072,500. The number of sales increased from 1308 to 1,546 representing a year-over-year increase of 18%. What exactly does $1.17...

posted on October 23, 2022
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.
OLR ID: 1442270
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