Condominium · 1917
Huys
404 Park Avenue South, New York, NY 10016
Buildings·Condominium

404 Park Avenue South

404 Park Avenue South, New York, NY 10016

At a glance
Year built
1917
Type
Condominium
Landmark
No

404 Park Avenue South, named Huys, is one of the most thoughtfully executed loft conversions in NoMad — a 1917 commercial building reimagined into 58 condominium residences by the Dutch designer Piet Boon, with landscape work by Piet Oudolf, the planting designer behind the High Line. The conversion, completed in 2014, kept the structural character of the original building while transforming its envelope: enlarged windows with varied fenestration — some flush, some recessed, some projecting in elegant bays — turned a plain beige-brick façade into a distinctive, light-conscious composition.

The result is a building that bridges two eras: the volume, exposed beams, and 11.5-foot ceilings of a pre-war loft, combined with the finishes, systems, and amenities of contemporary new construction. Piet Boon's involvement gives the interiors a coherent design language rarely found in conversion projects, where each apartment is too often a one-off. On Park Avenue South — a corridor that has transformed from commercial to residential over the past two decades — Huys sits among the best of the wave.

For buyers, the proposition is design-driven loft living in condominium form: high ceilings, dramatic light, a recognized European design pedigree, and the ownership flexibility of a condominium, in the increasingly desirable NoMad / Flatiron belt.

Architecture and unit composition

The conversion's signature is the façade. Piet Boon reworked the 1917 brick exterior with oversized, multi-paned casement windows, bay projections, and Juliet balconies with floor-to-ceiling glass, giving the building a varied, sculptural skin that signals the design ambition inside. The original structure supplies the volume; the new envelope supplies the light.

Inside, the 58 residences carry soaring 11.5-foot ceilings, exposed original beams, wide brushed-oak plank floors, and custom millwork — the loft-meets-luxury vocabulary that defines the project. Layouts range from one- and two-bedroom homes to the penthouses that crown the sixteen-story building, with upper-floor and bay-window residences capturing the best light. As a Piet Boon project, the apartments share a consistent, considered finish program rather than the patchwork typical of conversions, which is part of the building's appeal.

Building operations

Huys runs as a full-service condominium: an attended lobby with a doorman, a fitness center, a residents' lounge, and the curated common spaces the design program produced. Common charges reflect that staffing and the amenity upkeep; real estate taxes are billed per unit in the standard condominium structure.

The condominium format delivers the flexibility NoMad buyers expect. Financing is flexible, purchases clear through a right-of-first-refusal rather than a board interview, and pied-à-terre, trust, LLC, and investment ownership are customary — well suited to the design-minded, international, and part-time-resident buyers the building attracts. Subletting and pet specifics follow the condominium's governing documents and are confirmed through the managing agent.

Local Law 97

Carbon-penalty exposure
🟡
Moderate — manageable today, 2030 cliff likely
2024–2029 annual penalty
$0 (under cap)
2030–2034 annual penalty
$45,136/yr
Per unit / month range
$0 – $67
See full Local Law 97 analysis — emissions history, scenarios, methodology →

Facade safety — Local Law 11

Local Law 11 / FISP · last inspection 2020–25
Safe
What this means for you

The facade passed its last inspection with no required repairs — nothing to budget for here, and no facade assessment on the horizon for roughly five years.

Inspection history
2005–10
SWARMP
2010–15
SWARMP
2015–20
SWARMP
2020–25
Safe
2025–30
Due
Next report due
by Feb 2028
On record
$1,000 in filing penalties
The three grades, in buyer terms
SafeGood for ~5 years — no facade assessment on the horizon.
SWARMPSafe now, repairs due on a deadline — budget for the work or a possible assessment.
UnsafeActive hazard: sidewalk shed and repairs now. Expect disruption and an assessment.

QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent). Source: NYC DOB facade filings (FISP) · The Roebling Research Library.

See the full facade history →

Recent sales

With 58 residences, Huys sees a moderate resale cadence — several transactions in a typical year. Pricing reflects the building's design pedigree, the loft proportions, the NoMad location, floor level, light, and the presence of bay windows or outdoor space, with upper-floor and penthouse homes commanding a premium. Comparable analysis belongs against NoMad and Flatiron's design-driven loft conversions and new condominiums rather than generic stock — the Piet Boon design is itself a value driver. The building's auto-generated sales record reflects recorded transfers as they post; for a read on a specific line, a building-specific valuation is the right tool.

What to know if you’re buying

The case for buying here is design plus volume in condominium form. You are buying a Piet Boon-designed loft — 11.5-foot ceilings, exposed beams, custom finishes — inside a converted pre-war building with a distinctive bay-window façade, in one of Manhattan's most dynamic neighborhoods, with the financing latitude and ownership flexibility of a condominium. The trade-offs are that the apartments are loft-scaled and design-specific: the high ceilings, exposed structure, and casement windows suit buyers who want character and volume, not a conventional uptown layout. Light and floor level matter, so the specific residence is the thing to evaluate. For the design-forward buyer who wants a coherent, light-filled loft with amenities and condominium freedom, Huys is a standout.

What to know if you’re selling

A resale at Huys markets on its design: Piet Boon, the 11.5-foot ceilings, the exposed beams, the bay-window façade, and the consistent finish program are durable differentiators that distinguish a home here from ordinary NoMad inventory. The condominium structure widens the buyer pool to design-minded, international, and pied-à-terre purchasers and delivers a faster closing through a right-of-first-refusal. Pricing belongs against NoMad and Flatiron's design-driven condominium and loft set, with floor level, light, and bay or outdoor exposure driving the spread. Presentation should let the volume and the architecture lead — these residences show best when the ceiling height and the light are foregrounded. Marketing to the design-literate, flexibility-minded buyer this building attracts is the path to a strong sale.

Comparable buildings

If you're evaluating 404 Park Avenue South, these nearby NoMad, Flatiron, and Park Avenue South buildings make a useful comparison set:

The Roebling Team at Huys

The Roebling Team at Compass specializes in NoMad, Flatiron, and the Park Avenue South corridor — design-driven loft conversions and condominiums where architecture, volume, and ownership flexibility drive value. We publish this profile because buyers and sellers evaluating Huys deserve building-specific intelligence: the Piet Boon design, the loft proportions, the condominium structure, and where a given residence sits against the market.

If you're considering a purchase or sale at 404 Park Avenue South, a 30-minute consultation is the right starting point.

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Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com