Building: The Hit Factory at 421 West 54th Street in Clinton

The Hit Factory at 421 West 54th Street in Clinton
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One of the best-known recording studios of all time – a legendary place and state of mind known as The Hit Factory – lives on following its transformation into an all new, state-of-the-art 27 unit residential condominium. With all but two of its spacious and contemporary loft residences sold and occupied, the Hit Factory is one of Manhattan’s most successful new developments.

In its day, bands and engineers jockeyed to record tracks and mix albums in its luxurious cutting-edge studios, earning The Hit Factory a world-wide reputation for producing landmark music and platinum sales. The procession of famous music artists who came through its doors comprises true rock royalty – The Rolling Stones, John Lennon, Billy Joel, Bruce Springsteen, Stevie Wonder, Eric Clapton, Paul Simon, Madonna, U2 and Mariah Carey. In 1994, The Hit Factory made recording history when 41 Grammy nominations were awarded to songs that were recorded, mastered or mixed on the state of the art equipment for which the Hit Factory became internationally famous.

Today, The Hit Factory is one of Manhattan’s most successful new residential buildings – one whose design embraces the studio’s musical past and future. The Hit Factory’s 27 contemporary condominium loft residences, including 6 penthouse duplexes, are located on 5 of the building’s 7 floors. Each unit is as cutting edge and luxurious in its amenities and finishes as the studio once was with its high-tech recording equipment.

Just minutes from Central Park, Columbus Circle, Times Square and the Hudson River, The Hit Factory is located in the heart of the edgy area known as “Hell’s Kitchen”. A separate neighborhood with its own identity, Hell’s Kitchen, or Clinton, is a pocket of old New York in the middle of bustling Manhattan – and yet it remains home to several nearby television and music studios.

Architect:
Arpad Baksa Architect
Interiors:

Joanna Frank

Sales and marketing:

Warburg

Website:
http://www.thehitfactorycondo.com
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Market Data

3 active sales listings:$1,104 per ft² (avg)
2 active rentals listings:$50 per ft² (avg)
31 previous sales listings:$1,178 per ft² (avg)
2 previous rentals listings:$70 per ft² (avg)
27 recorded sales:$1,115 per ft² (avg)

Local Schools

Schools zoned for this building:

Location

The Hit Factory at 421 West 54th Street, New York, NY 10019

Recent Activity

Corcoran added an open house for 421 West 54th Street about 18 hours ago
Warburg added an open house for 421 West 54th Street #4-D about 19 hours ago
Corcoran added an open house for 421 West 54th Street #4E 2 days ago

Sales listings for this building

SAVE RSS Active Listings (3)

$3,975,000
421 West 54th Street #PH-D   3 beds   3,342 ft²
$2,625,000
421 West 54th Street #4-D   3 beds   2,388 ft²
$1,099,000
421 West 54th Street #4E   2 beds   1,071 ft²
 

SAVE RSS Listings in Contract (0)

None

Rentals listings for this building

SAVE RSS Active Listings (2)

$14,900
421 West 54th Street   4 beds   3,620 ft²
$4,600
421 West 54th Street   2 beds   1,071 ft²
 

SAVE RSS Listings in Contract (0)

None

Activity for this building

  Recorded Sales ? Previous Listings ?   (may or may not have sold)
09/10/2009 #PHD -     $4,350,000 3 beds 3.5 baths 3,342 ft²
09/10/2009 #4D -     $2,750,000 2 beds 3 baths 2,388 ft²
08/05/2009 #3C $1,781,937 -7.4%   $1,925,000 Sold 2 beds 2.5 baths 1,916 ft²
01/04/2009 #PHC -     $4,325,000 Sold 3 beds 3.5 baths 3,451 ft²
12/18/2008 #PHC+ $4,325,000     -          
11/14/2008 #P9 (Parking Space) $72,932     -          
11/14/2008 #P6 (Parking Space) insiders only     -          
10/07/2008 #P1 (Commercial Unit) insiders only     -          
07/21/2008 #P7 (Parking Space) insiders only     -          
07/02/2008 #PHA insiders only     $4,275,000 Sold 3 beds 2 baths 2,846 ft²
06/26/2008 #3F insiders only     $1,125,000 Sold 1 bed 2 baths 1,012 ft²
06/24/2008 #4C insiders only     $2,175,000 Sold 2 beds 2 baths 1,916 ft²
06/16/2008 #P10 insiders only     -          
06/11/2008 #P5 (Parking Space) insiders only     -          
05/12/2008 #PHB insiders only     -          
04/02/2008 #PHE insiders only     $2,250,000 Sold 2 beds 2 baths 1,511 ft²
03/27/2008 #5D insiders only     -          
03/26/2008 #3D insiders only     $2,550,000 3 beds 2 baths 2,388 ft²
03/19/2008 #4B insiders only     $1,350,000 Sold 1 bed 2 baths 1,222 ft²
03/04/2008 #4G insiders only     -          
03/03/2008 #5F insiders only     -          
03/03/2008 #5A insiders only     -          
02/28/2008 #5E -     $1,195,000 1 bed 2 baths 1,071 ft²
02/28/2008 #5C insiders only     -          
02/28/2008 #PHF insiders only     -          
02/28/2008   -     $1,400,000 2 beds 2.5 baths 1,222 ft²
02/27/2008 #4A insiders only     -          
02/25/2008 #3E insiders only     -          
02/21/2008 #3G insiders only     -          
02/20/2008 #4E insiders only     -          
02/20/2008 #5G insiders only     -          
02/15/2008 #3B insiders only     -          
02/15/2008 #5B insiders only     -          
02/14/2008 #4F insiders only     -          
02/12/2008 #3A insiders only     $1,255,000 1 bed 1.5 baths 1,210 ft²
02/01/2008 #5E insiders only     -          
10/31/2007   -     $1,350,000 1 bed 2 baths 1,222 ft²
10/31/2007 #PHC -     $4,900,000 3 beds 3.5 baths 3,451 ft²
10/31/2007   -     $4,350,000 3 beds 3.5 baths 3,342 ft²
10/31/2007   -     $3,525,000 3 beds 2.5 baths 2,418 ft²
10/31/2007 #5E -     $1,195,000 1 bed 2 baths 1,071 ft²
10/31/2007 #4D -     $2,625,000 2 beds 3 baths 2,388 ft²
10/31/2007   -     $2,250,000 2 beds 2.5 baths 1,511 ft²
10/31/2007 #3C -     $2,125,000 2 beds 2.5 baths 1,916 ft²
10/31/2007 #PHA -     $4,275,000 3 beds 2.5 baths 2,846 ft²
10/18/2007 #3E -     $1,075,000 Sold 1 bed 2 baths 1,071 ft²
09/17/2007 #3G -     $1,325,000 2 beds 2.5 baths 1,237 ft²
09/14/2007   -     $1,355,000 1 bed 1.5 baths 1,210 ft²
08/08/2007 #3B -     $1,235,000 Sold 1 bed 2 baths 1,206 ft²
07/19/2007 #5G -     $1,425,000 2 beds 2.5 baths 1,237 ft²
04/06/2007 #4A -     $1,310,000 1 bed 1.5 baths 1,210 ft²
03/08/2007 #3F -     $995,000 1 bed 2 baths 1,021 ft²
02/28/2007 MULTI insiders only     -          
10/30/2006   -     $1,925,000 2 beds 2.5 baths 1,912 ft²
10/30/2006   -     $1,300,000 1 bed 2 baths 1,206 ft²
01/14/2005 (Entire Building) insiders only     -