--- title: "421 West 54th Street #5F, New York City, NY 10019" description: "421 West 54th Street #5F, New York City, NY 10019 — Hell's Kitchen, New York City, NY. Listing Price $1,095,000. 1 bed, 2 bath, 1,021 sqft Illustrative Buyer Commission Share of $16,425 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10019/421-west-54th-street-f-5F-ny-10019" source: "Real Estate Rebate Team" dateModified: "2026-09-04T13:15:50.759Z" status: "Active" --- # 421 West 54th Street #5F, New York City, NY 10019 Hell's Kitchen, New York City, NY Courtesy of Coldwell Banker Warburg Last updated: September 4, 2026, 9:15 AM ## At a Glance - **Listing Price**: $1,095,000 - **Beds**: 1 - **Baths**: 2 - **Sqft**: 1,021 - **Common Charges**: $1,319 / mo - **Price per Sqft**: $1,072 - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $1,095,000 - **Illustrative Buyer Commission Share**: -$16,425* - **Illustrative Net Cost**: $1,078,575 *Illustrative Buyer Savings of $16,425 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (10) ![421 West 54th Street #5F, New York City, NY 10019 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ac185e69-b0d0-480a-95ca-c54ec404a7ff.jpg) ![421 West 54th Street #5F, New York City, NY 10019 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e5036591-3e81-4baa-8e12-8f6e289964b2.jpg) ![421 West 54th Street #5F, New York City, NY 10019 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/950ce0e7-ff4e-48c2-8864-85de56561bf8.jpg) ![421 West 54th Street #5F, New York City, NY 10019 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/fde212d4-4df2-4031-b839-4f3a7b7425b2.jpg) ![421 West 54th Street #5F, New York City, NY 10019 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/9c20594d-681d-4000-9507-7790a765f2e4.jpg) ![421 West 54th Street #5F, New York City, NY 10019 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/756ee8c4-5466-4773-ab06-fdd4c6262d39.jpg) ![421 West 54th Street #5F, New York City, NY 10019 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6c7a8bfd-c8d7-42c0-832b-9ab227a4d179.jpg) ![421 West 54th Street #5F, New York City, NY 10019 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d959d192-5e45-42da-a88b-e734d89a647f.jpg) ![421 West 54th Street #5F, New York City, NY 10019 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/055c96f8-83ea-4094-9705-2a74f8a6d9fb.jpg) ![421 West 54th Street #5F, New York City, NY 10019 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e16f45ab-f299-41b3-9316-feaa6111cfb8.jpg) ## Property Overview BEST DEAL IN TOWN AT NEW PRICE - COME VISIT! 1 BEDROOM + LARGE VERSATILE FLEX ROOM 2 FULL BATHROOMS LOFT-LIKE HOME FILLED WITH LIGHT AND LOADS OF CHARM HISTORICALLY SIGNIFICANT FULL-SERVICE BUILDING WITH GYM AND FURNISHED ROOFTOP DECK EASY ACCESS TO BOTH THE PARK AND MID-TOWN WEST The Hit Factory was a legendary recording studio for many famous musicians who created countless platinum records there. Such names as John Lennon, the Rolling Stones, Bruce Springsteen, Paul Simon, Billy Joel, Madonna and Michael Jackson were frequent visitors to these studios. Then, this iconic building became a boutique set of 27 residences. Welcome to the The Hit Factory Condominiums! Apartment 5F has a loft-like style and design. It is located on a higher floor and boasts over 1,000 SF along with many special features. This home encompasses one formal bedroom plus a separate large study and two full baths, providing much flexibility inside the apartment. With some ceilings over 10 feet high and sizable windows full of light, the apartment feels spacious and airy. The tall windows provide a partial view of mid-town and Columbus Circle. The living area allows for plenty of seating and the open kitchen with its sleek, refined look adds more options for entertaining. The kitchen is outfitted with a Sub-Zero refrigerator and other stainless steel appliances by Bosch and Miele. The countertops are a beautiful gray stone and offer a counter-style bar area alongside the living room. The primary bedroom is large and affords a partial mid-town view to the north. It includes two sizable closets. The large ensuite bath has a spa-like feeling, with marble countertops, double sinks, a deep-soaking tub and separate shower. The fourth room off the entry way provides an extra spacious room with closet which can be used in a wide variety of ways. Across the hall is a second full bathroom. There is a washer/dryer unit in the apartment with extra storage space. Additionally, a large private storage unit is included with the sale. Please note that some wall colors have been virtually staged in the photos. SELLER IS AMENABLE TO PAINTING WALLS WHITE, IF DESIRED BY BUYER. The Hit Factory Condominiums offer a wide range of amenities to its residents including a part-time daily doorman, a windowed gym and a furnished rooftop deck with striking views to the north and south. There is a selection of nearby parking garages as well. Hell's Kitchen is renowned for its international and diverse cuisine along Ninth Avenue. It is also a short distance to Columbus Circle, Central Park, Lincoln Center and the Theater District. Transportation options are plentiful, as are the range of nearby retail and service establishments. ## Property Details - **Property Type**: Condominium - **Beds**: 1 - **Baths**: 2 - **Rooms**: 4 - **Sqft**: 1,021 sqft - **Stories**: 7 - **Year Built**: 1890 - **Price per Sqft**: $1,072 - **Common Charges**: $1,319 / Monthly - **Listed On**: May 28, 2026 - **Days on Market**: 110 Days ### Residence Features - Wall Unit(s) - Building Other - Washer Hookup - In Unit - Building Roof Deck - City ## Sales Evidence ### Recent closed sales 6 apartments at The Hit Factory have recorded sales since September 2021, the most recent for $1,825,000 in November 2025. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | 5C (Apartment) | 3 | 1,912 | $1,825,000 | $954/ft² | November 14, 2025 | City record · MLS | | PHF (Duplex) | 3 | 2,418 | $3,895,000 | $1,611/ft² | September 12, 2024 | City record · MLS | | 4E (Apartment) | 1 | 1,124 | $1,200,000 | $1,068/ft² | September 3, 2024 | City record · MLS | | PHD (Apartment) | 3 | 3,342 | $3,900,000 | $1,167/ft² | July 26, 2023 | City record · MLS | | Entire property (Multi Family) | 5 | 3,700 | $3,665,000 | $991/ft² | March 31, 2022 | MLS | | 4A (Apartment) | 1 | — | $610,000 | — | December 6, 2021 | City record · MLS | Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below. ### How this price compares The median closed price for comparable condo one-bedroom sales in Hell's Kitchen is $987,852, based on 144 sales between September 2024 and July 2026. This home is asking $1,095,000, $107,148 above that median. The middle half of those sales closed between $858,750 and $1,150,000. - **Median closed price**: $987,852 - **Middle half**: $858,750 – $1,150,000 - **Based on**: 144 condo one-bedroom sales in Hell's Kitchen - **Period**: September 2024 – July 2026 - **Median $/ft²**: $1,410/ft² Across the 124 of these sales with a published asking price, the median closed at 95.6% of what it originally asked. 86% of them closed below the original ask. This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Hell's Kitchen instead. ### How these sales were negotiated - **Sold vs original ask**: 95.6% of the original ask - **Closed below ask**: 86% of 124 sales - **Listed → in contract**: 77 days (about 11 weeks) - **In contract → closed**: 58 days (about 8 weeks) Across the 124 of these sales with a published asking price, the median closed at 95.6% of what it originally asked. 86% of them closed below the original ask. Half of these homes were in contract within 77 days (about 11 weeks) of coming to market, based on the 121 with a recorded listing date. Once a deal was agreed, closing took a further 58 days (about 8 weeks), based on the 124 with both dates recorded. These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure. Based on 144 condo one-bedroom sales in Hell's Kitchen, September 2024 – July 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ. ### Price trend Median sold price for condo and house one-bedroom sales in Hell's Kitchen, 2016 to 2026. The series is held to one bedroom count and one ownership type for the same reason: an unfiltered median tracks which apartments sold, not what they were worth. | Year | Median sold price | Sales | | --- | --- | --- | | 2016 | $1,131,565 | 36 | | 2017 | $1,105,000 | 125 | | 2018 | $1,074,800 | 87 | | 2019 | $1,040,654 | 69 | | 2020 | $889,500 | 48 | | 2021 | $950,000 | 113 | | 2022 | $1,027,500 | 104 | | 2023 | $1,050,000 | 67 | | 2024 | $999,000 | 75 | | 2025 | $992,500 | 82 | | 2026 | $980,000 | 37 | This building does not have enough sales with a recorded floor area to chart its own price per square foot, which is usual for a co-op. The series above follows comparable homes across Hell's Kitchen instead. Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for. [See every recorded sale at The Hit Factory](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/the-hit-factory) ## Price and Property History for 421 West 54TH Street, Unit 5F Review the recorded listing activity for 421 West 54TH Street, Unit 5F, including asking-price changes and prior market dates. - **Latest price change**: Reduced by $100,000, or 8.4%, on September 3, 2026 - **Originally listed**: May 28, 2026 at $1,395,000 - **Current asking price**: $1,095,000 | Date | Price | Listing event | | --- | --- | --- | | September 3, 2026 | $1,095,000 | Asking price reduced by $100,000, or 8.4% | | July 15, 2026 | $1,195,000 | Asking price reduced by $100,000, or 7.7% | | June 25, 2026 | $1,195,000 | Returned to the market | | May 28, 2026 | $1,395,000 | Listed for sale by Coldwell Banker Warburg | ## Property Tax History Taxes at 421 West 54th Street #5F were $20,712 in 2026, up 2.0% from 2025. | Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate | | --- | --- | --- | --- | --- | --- | --- | | 2026 (FY 2026/27) | $179,638 | $16,887 | $162,751 | $165,694 | $20,712 | 12.5% (estimated) | | 2025 (FY 2025/26) | $169,587 | $16,887 | $152,700 | $162,464 | $20,308 | 12.5% (estimated) | | 2024 (FY 2024/25) | $159,510 | $16,887 | $142,623 | $159,510 | $19,939 | 12.5% | | 2023 (FY 2023/24) | $155,883 | $16,887 | $138,996 | $155,883 | $19,488 | 12.502% | | 2022 (FY 2022/23) | $163,861 | $16,887 | $146,974 | $161,843 | $16,146 after $3,414 abatement | 12.267% | | 2021 (FY 2021/22) | $163,488 | $16,887 | $146,601 | $153,805 | $5,531 after $12,986 abatement | 12.235% | | 2020 (FY 2020/21) | $181,080 | $16,887 | $164,193 | $149,896 | $18,095 | 12.267% | | 2019 (FY 2019/20) | $177,013 | $16,887 | $160,126 | $140,189 | $17,195 | 12.473% | | 2018 (FY 2018/19) | $174,645 | $16,888 | $157,757 | $148,630 | $18,436 | 12.612% | | 2017 (FY 2017/18) | $165,980 | $16,887 | $149,093 | $136,359 | $17,054 | 12.719% | | 2016 (FY 2016/17) | $143,943 | $16,887 | $127,056 | $125,235 | $15,841 | 12.892% | | 2015 (FY 2015/16) | $132,540 | $16,887 | $115,653 | $118,436 | $14,955 | 12.883% | | 2014 (FY 2014/15) | $126,063 | $16,887 | $109,176 | $111,914 | $14,084 | 12.855% | | 2013 (FY 2013/14) | $113,291 | $16,887 | $96,404 | $109,291 | $14,071 | 13.145% | | 2012 (FY 2012/13) | $110,363 | $16,887 | $93,476 | $111,023 | $14,336 | 13.181% | | 2011 (FY 2011/12) | $109,934 | $18,576 | $91,358 | $109,262 | $14,374 | 13.433% | | 2010 (FY 2010/11) | $99,940 | $16,887 | $83,053 | $106,608 | $13,956 | 13.353% | The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one. Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls. Where an abatement applies, Property Tax is the amount owed after it. Abatements are granted to the property and do not necessarily transfer to a new owner. Figures are the New York City Department of Finance assessment roll for tax lot 1010641123. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change. [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### The Hit Factory 421 West 54th Street, New York, NY 10019 A building in the neighborhood, currently featuring 1 active listing. - **Year Built**: 1890 - **Total Units**: 1 - **Floors**: 7 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/the-hit-factory) ### Available Residences — For Sale (1) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [5F](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10019/421-west-54th-street-f-5F-ny-10019) | 1 | 2 | 1,021 sqft | $1,072 | $1,095,000 (-8.4%) | Coldwell Banker Warburg | May 28, 2026 | 110 days | ## Estimated Monthly Payment **$6,856 / month**, assuming a 20% down payment ($219,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $5,537 - **Common Charges**: $1,319 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Hell's Kitchen Restaurant Row & Nightlife [Explore Hell's Kitchen](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/hell-s-kitchen) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Hell's Kitchen - [Theater District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/theater-district) - [Midtown real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/midtown) - [Chelsea real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/chelsea) - [Murray Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/murray-hill) - [Flatiron District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/flatiron-district) - [Kips Bay real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/kips-bay) ## Related Links - [The Hit Factory — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/the-hit-factory) - [Hell's Kitchen neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/hell-s-kitchen) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > 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. ©2026 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 the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.