$599,000
Updated 5 years ago
Sold

The Bakery

521 West 47th Street, 4-C

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

Loft 4 Rooms2 Beds2 Baths1,167 Square FeetCo-op

$599,000
Maintenance$1,652
Price Per SF
$513

This property was sold for $599,000 on 07/13/21.

Listing Features

  • Abundant Closets
  • Beamed Ceilings
  • BuiltIns
  • Duplex
  • Exposed Brick
  • High Ceilings [12']
  • Original Details
  • Penthouse/Top Flr
  • Recessed Lighting
  • W/D Hookups
  • WBFP
  • Oversized Windows
  • Skylights
  • Dishwasher
  • Galley
  • Double Vanity
  • En Suite Bathroom
  • Stall Shower

Outdoor space and views

  • Private Roof [20'x14']
  • North Exposure

Building Amenities

  • Virtual Doorman
  • Laundry Room

Policies

  • Pets Allowed
  • Pieds A Terre Ok

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

The opportunity to create your dream duplex with 1 bedroom plus home office with skylight, two bathrooms, and a fabulous Private Roof Deck awaits. With dramatic 12-foot ceilings, exposed brick, and a rare Wood Burning Fireplace, this home is special. Currently the space is configured as a large open 737 square foot loft with a sleeping alcove, open galley kitchen, and a full bath. The apartment comes with explicit roof rights enabling you to build a staircase to the roof and create an additional bedroom, full bathroom, skylights, plus a private roof deck for a total of approximately 1,167 interior square feet and approximately 300 exterior square feet. The Bakery Coop was a former early automobile garage built in 1910 and then became a bakery before being converted to a boutique walk-up residential cooperative in the 1980s. The building recently underwent a complete lobby, facade and common-space renovation and the result is a refreshing industrial chic vibe. Washer/dryer allowed in units, so too are pets. Bike Room ($20/bike), Laundry Room, Package Room and Virtual Doorman included. Liberal sublet policy and pied-a-terre allowed. NOTE: THE ABOVE PRICE REFLECTS THE SUGGESTED OPENING BID FOR THE PROPERTY, WHICH IS BEING MARKETED FOR SALE BY PRIVATE AUCTION WITH A BID DEADLINE OF MARCH 31, 2021. SALE SUBJECT TO COOP BOARD APPROVAL AND 3% BUYER'S PREMIUM. SELLER RESERVES THE RIGHT TO ACCEPT OR REJECT ANY BID. PLEASE SEE PRUSA.COM FOR COMPLETE DETAILS.

Listing History for 521 West 47th Street, 4-C

Now
07/19/2021
$599,000
Sold and Closed by Isaac Halpern
Brown Harris Stevens Residential Sales LLC
04/28/2021
Contract Signed by Isaac Halpern
Brown Harris Stevens Residential Sales LLC

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

Isaac Halpern
Brown Harris Stevens

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.

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: 294563