529 West 42nd Street, #1B, New York (Clinton), NY, 10036 | $825,000

Welcome to the charming unique duplex apartment at The Armory on West 42nd Street. This 2-bed, 2-bath gem boasts a spacious living room with soaring double height ceilings, a stylish kitchen with an island, ample closet space, and a distinct loft space via a spiral staircase. . You can easily create 2 bedrooms or a 1 bedroom with a home office - whichever design suits you better.

At The Armory, enjoy the convenience of two entrances - the bustling 42nd Street entrance with a full-time doorman and the added convenience of a private entrance at 536 W 43rd St, exclusive to only eight apartments, ensuring a more private experience. Perfect for those seeking a blend of comfort and exclusivity.

The Armory is a pre-war, legal live-work coop. The building offers amenities such as a bike room and a common roof deck. There are laundry facilities as well. Enjoy the convenience of being near the Theater District, close proximity to Hudson Yards, and easy access to various restaurants, bars and subway lines. Embrace the charm of the Hudson River Park neighborhood, making The Armory a perfect blend of cultural richness and urban accessibility.

Experience unparalleled freedom at The Armory. The building policies include 80% financing, no flip tax, no rental restrictions upon home purchase (3 months short term rental to 1 year subletting), live/work options, guarantors, gifting, co-purchase, pets and Pieds- -Terre, providing a truly accommodating living environment. Please Note: (1) Some images are digitally staged/designed - please look through them all to the end (2) The monthly maintenance as advertised includes the current assessments. Additional information is available upon request.

Features

  • Town: New York
  • Cooling: Unknown Type
  • Levels: 9
  • Amenities: Bike Room; Laundry Room On Every Floor; Roof Deck; Common Storage;
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full
  • Complex: Armory, The
  • Year Built: 1929
  • Pet Policy: Pets Allowed
  • Building Access : Elevator
  • Service Level: Full Time Doorman
  • Doorman: FullTime
  • LobbyAttendant: FullTime
  • OLR#: RPLU21922806613
  • Days on Market: 352 days
  • Website: https://www.raveis.com
    /prop/RPLU21922806613/529west42ndstreet_newyork_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Brown Harris Stevens

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NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

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529 West 42nd Street, #1B, New York (Clinton), NY, 10036

$825,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.Alvarez@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $660,000 $660,000 $660,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.375% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.821% 6.474% 6.036%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,747 $4,118 $5,525
Total Monthly Payment $3,839 $4,210 $5,617

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.