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RLS IDX Data display by Real Estate Rebate Team. 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 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 

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 and for no listing shall the number of bedrooms listed be considered a legal conclusion.

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  1. Home
  2. Buy
  3. New York City
  4. Manhattan
  5. 10036
  6. 529 West 42nd Street #5R
Property thumbnail
1 / 11
Stock Cooperative•Hell's Kitchen

529 West 42nd Street #5R, New York City, NY 10036

Listing Courtesy of Sothebys International Realty

$799,000

Potential Rebate: $11,985

Stock Cooperative
1 Bed
1 Bath
4 Rooms
240,413 sqft
Built 1929
9 Stories
3/ft²
Listed on Sep 30, 2025
88 days on market
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Overview

This oversized 1,100+/- square-foot one-bedroom at The Armory offers standout value for investors and pied-à-terre buyers. With 12-foot ceilings, southern exposure, and unobstructed Hudson Yards views, the home is positioned for both long-term enjoyment and strong rental appeal.

The open living area features a striking cultured-marble island, high-gloss rosewood cabinetry, and a full Thermador appliance package—including a six-burner range, microwave drawer, refrigerator, wine cooler, and dishwasher. The spa-like bathroom offers a deep soaking tub, separate standing shower, floating vanity, linen closet, and private water closet. The king-size bedroom includes a walk-in closet, and the apartment provides multiple additional closets, making the home both practical for daily living and highly functional for tenants.

As a well-established condop, The Armory offers some of the most flexible policies in Manhattan: live/work, subletting, gifting, co-purchasing, pied-à-terres, and pets are all allowed with board approval—an ideal setup for investors and part-time owners. Amenities include laundry on every floor, bike room, storage, full-time staff, and a live-in superintendent. The building assessment has been paid in full, and hallway renovations are underway, adding immediate and future value.

Located at the intersection of Hudson Yards, Midtown, and the Theater District, the property sits near major corporate headquarters, transit options, and cultural destinations—ensuring consistent rental demand and long-term stability. A smart choice for investors, frequent travelers, or anyone seeking a low-maintenance, high-convenience home base in Manhattan.

Home Features

  • •Common On Floor
  • •Building Roof Deck
  • •Entrance Foyer
  • •Dishwasher
  • •Hardwood
  • •City

Estimated Monthly Payment

$6,928 per month

30 year fixed, 6.28% Interest

Principal and Interest
$3,948
Property Taxes
$0
Maintenance/Common Charges
$2,980

Estimated Rebate for this Home

One-time rebate at closing

$11,985

Monthly savings impact

$33/mo

💡 Estimated at 1.5% of purchase price

The rebate is paid to you at closing and can help offset closing costs or other expenses.

Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).

Why Buy With Us

Rebates Up To

2.5%

25+ Years

Experience

REBNY & NAR

Member

Verified

Listings

RLS IDX Data display by Real Estate Rebate Team. 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 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 

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 and for no listing shall the number of bedrooms listed be considered a legal conclusion.

The Real Estate Rebate Team

Listing Courtesy of Sothebys International Realty

Data Source: TRESTLE #RLS20051929

REBNY Logo

Price Analysis

Compare average listing prices and value metrics for The Armory against the surrounding Hell's Kitchen market.

Based on 1 active units in building vs 147 in area

Average List Price

Building$799.0K
Neighborhood$1.5M

Price Per SqFt

Building Avg$679/ft²
Neighborhood Avg$1,398/ft²
Value Opportunity

51.41% Lower

than the Hell's Kitchen price-per-sq-ft average

Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.

Hell's Kitchen

Restaurant Row & Nightlife

\n

Hell's Kitchen (Clinton) is vibrant, diverse, and food-focused. It stretches west of the Theater District.

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Real Estate & Housing Market

\n

Walk-up tenements mix with massive new luxury rental towers (like Sky and Silver Towers).

\n

Lifestyle & Community

\n

The dining scene along 9th Ave is legendary. Very popular with the LGBTQ+ community and Broadway actors.

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Transportation & Accessibility

\n

A/C/E at 8th Ave. Port Authority offers buses everywhere.

\n

Parks, Schools & Amenities

\n

Hudson River Park is the backyard. Intrepid Museum nearby.

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Who This Neighborhood Is Best For

\n

Best for foodies, theater lovers, and young professionals.

Hell's Kitchen GuideAll Neighborhoods
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