529 West 42nd Street #5R, New York City, NY 10036
Listing Courtesy of Sothebys International Realty
$799,000
Potential Rebate: $11,985
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
Estimated Rebate for this Home
One-time rebate at closing
$11,985
Monthly savings impact
$33/mo
Effective Purchase Price
$787,015
(Home Price - Estimated Rebate)
💡 Estimated rebate from our commission
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: Commission structures vary by property, developer, and transaction. Resale properties typically offer around 3% buyer-side commission, and new developments around 5%, but this is not guaranteed. New developments are often open to negotiation, and each property and transaction is unique. Rebate amounts shown are estimates only. Please confirm commission terms and rebate eligibility with Regis Roumila for the specific property you are interested in. This information is not provided by the Real Estate Board of New York (REBNY).
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.
The Real Estate Rebate Team
Listing Courtesy of Sothebys International Realty
Data Source: TRESTLE #RLS20051929
RLS at REBNY
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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. ©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.
The Real Estate Rebate Team
Listing Courtesy of Sothebys International Realty
Data Source: TRESTLE #RLS20051929
RLS at REBNY
Price Analysis
Compare average listing prices and value metrics for The Armory against the surrounding Hell's Kitchen market.
Average List Price
Price Per SqFt
44.70% 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.
