424 West 52nd Street
424 West 52nd Street, New York, NY 10019
Hell's Kitchen
BBL 1010617503 · BIN 1090376
- Year built
- 2019
- Type
- Condominium
- Units
- 7
- Floors
- 7
- Landmark
- No
Every recorded sale at this building, 2021–2021
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf
- $1,608
- Listing discount
- 0.0%
- Recorded sales
- 7
- On record
- 2021–2021
This is one lot of a much larger story. In December 2007 the assembled hospital site running along this block face traded for a recorded consideration in the high eight figures, and by 2012 Department of Buildings filings for the parcel carried the name 416-432 West 52nd St LLC, an entity of the Chetrit Group. Nothing was built. The assemblage was then broken up and sold off in pieces, and what came out of it are three condominiums of three completely different characters standing side by side: 432 West 52nd Street, the 55-residence 2014 conversion of a mid-century hospital building; 416 West 52nd Street, the 156-residence Nine52 adaptive reuse; and 424 West 52nd Street, seven apartments on a 25-foot lot.
The lot itself changed hands in February 2017, conveyed by a Gaia Real Estate entity — the developer behind Nine52 next door — to 424W52 Enterprises LLC. The new-building application went in the following month. The building topped out and received a temporary certificate of occupancy in January 2021 and its final certificate of occupancy that July, and all seven residences closed to separate individual buyers between July 2021 and January 2022. That sequence matters for a specific reason: PLUTO's 2019 year-built field is wrong by roughly two years, and any automated valuation or tax projection keyed to it will misdate the building.
What the building is, structurally, is unusually simple. Seven stories, seven apartments, one per floor. There is no unit line to compare against, no A-versus-B exposure question, no through-block wing. Each residence occupies its entire plate on a 25-foot-wide interior lot, which means light and air arrive from the front and the back and essentially nowhere else — floor-through privacy and a full-width living wall on the street elevation, traded against solid side walls and neighbors on either flank sitting on developable land.
The scale is not an aesthetic decision. The lot sits inside the Special Clinton District, the zoning overlay that has held this part of Hell's Kitchen to low- and mid-rise bulk since the 1970s. That constraint is why a 2021 condominium here is seven stories rather than seventeen.
Architecture and unit composition
The building occupies a standard 25-by-100-foot interior lot with a seven-story, 66-foot elevation as filed. Because there is no corner and no protected exposure on either flank, the design is necessarily front-and-back: glazing concentrated on the West 52nd Street elevation and at the rear, with solid party walls between.
The unit roster recorded in ACRIS is as plain as it gets — Units 1 through 7, one per story, mapped to tax lots 1301 through 1307. Interior finish specifications, ceiling heights, and outdoor space allocations are not documented in any public filing or in any offering plan we could locate, and this page will not guess at them. The recorded sellout prices rose monotonically with floor, which is the expected pattern for a stacked floor-through building and suggests upper-floor light and any roof or terrace rights at the top of the stack carry the premium. Confirm private outdoor space, roof access, and storage assignment against the unit's deed and the declaration rather than against a floor plan.
Building operations
At seven residences, this is among the smallest ownership buildings in the corridor, and the operating consequences follow from that arithmetic. There is no documented doorman, no documented amenity program, and no documented on-site staff. Every fixed cost — insurance, water and sewer, elevator service and inspection, façade compliance, common electricity — is divided by seven, so a single major repair moves the per-unit number in a way it cannot at a 150-unit building. That is not a defect; small buildings routinely run leaner than serviced ones. It does change the diligence. No financial statements or board communications for this condominium are on file in The Roebling Research Library, so the current budget, reserve balance, minutes, insurance certificate, and Local Law 11 façade status are required reading rather than optional — and the building is young enough that its first full replacement cycle is still ahead of it.
Policy framework
Ownership form: Condominium. Purchases clear through the board's right of first refusal rather than a cooperative admissions process, which produces the shorter and more predictable closing timelines that condominium buyers expect.
Everything else is undocumented. No offering plan, house rules, or management-sourced policy record for this building was located. Pet rules, sublet terms and minimum lease periods, pied-à-terre and LLC or trust purchasing, minimum down payment, and any resale capital contribution or transfer fee should all be confirmed in writing with the managing agent before an offer is submitted. A seven-unit board can and often does adopt rules that a larger building would never bother with, and none of them will show up in public records.
Real estate taxes: No exemption of any kind appears on the residential unit lots. Underwrite full unabated taxes on the specific unit against the current bill.
Local Law 97
This building is below the 25,000 sq ft threshold at which LL97 emissions caps apply. No regulatory capital pressure from this law specifically, current or 2030.
See full Local Law 97 analysis →Recent sales
424 West 52nd Street sold out as new construction across a seven-month window spanning 2021 and early 2022, with every unit conveyed to a separate individual buyer — the record confirms this is a for-sale condominium and not a rental held inside a condominium wrapper. Resale activity since has been minimal, which is what a seven-unit building produces: in a typical year, zero or one apartment trades.
That thinness is the defining pricing problem here. There is no same-building comparable set worth the name, so valuation has to be built from the floor-through condominium inventory elsewhere in Clinton and Hell's Kitchen, adjusted for the absence of an abatement, the absence of a service program, and the premium buyers pay for whole-floor privacy. Condominium pricing in this corridor is best read in dollars per square foot against the last complete year rather than against headline asking prices. Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.
Recent closings at this building, curated by The Roebling Team research desk. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Dec 27, 2021 | 4 | 2 BR · 2 BA · 1,320 sf | $2,100,000 | $1,591/sf | -2.3% |
| Nov 19, 2021 | 2Sponsor Sale | 2 BR · 2 BA · 1,281 sf | $1,949,000 | $1,521/sf | +0.0% |
| Sep 9, 2021 | 6 | 2 BR · 2 BA · 1,320 sf | $2,225,894 | $1,686/sf | +1.8% |
| Aug 16, 2021 | 1 | 2 BR · 2 BA · 931 sf | $1,820,578 | $1,956/sf | -1.6% |
| Jul 1, 2021 | 5 | 2 BR · 2 BA · 1,320 sf | $2,123,051 | $1,608/sf | -0.7% |
| Jun 30, 2021 | 3Sponsor Sale | 2 BR · 2 BA · 1,320 sf | $1,999,000 | $1,514/sf | +0.0% |
| Jun 28, 2021 | 7 | 2 BR · 2 BA · 1,320 sf | $2,391,869 | $1,812/sf | +1.8% |
Market read. Most recent trades (2021) cleared a median $1,608/sf across 7 sales. Median listing discount 0.0% from the last ask.
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-01061-7503) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage from recorded condo declarations and offering plans.
What to know if you’re buying
Correct the year built before you underwrite. City data says 2019; the certificate of occupancy says July 2021. Anything keyed to the earlier date — warranty periods, systems age, comparable-set selection — will be off.
There is no abatement, and there never was one. Full taxes from day one. Run the True Monthly Carrying Cost analysis against the actual current bill.
Read the budget and the reserve. Seven units is a very small denominator. Ask for the operating budget, the reserve balance, the last two years of minutes, and the façade compliance status.
Get the policy stack in writing. Nothing about pets, subletting, or transfer fees is on the public record for this building. Do not assume standard condominium latitude — ask.
Understand the exposures. Front and rear only, with developable low-rise neighbors on both flanks. Establish which windows are lot-line windows.
Comparable buildings
If you're considering 424 West 52nd Street, also evaluate:
- 416 West 52nd Street (Nine52) — the 156-residence adaptive-reuse condominium immediately adjacent, from the same broken-up assemblage; the full-service, deep-amenity alternative on the same block
- 432 West 52nd Street — 55-residence 2014 conversion on the same block; boutique scale with an actual amenity program
- 422 West 49th Street — the closest structural analogue in the neighborhood: a 2021-era eight-residence floor-through condominium on a 25-foot lot. The two buildings share no sponsor, architect, or ownership — the resemblance is a product of the same lot geometry and the same zoning overlay
- 547 West 47th Street — ground-up new-construction Hell's Kitchen condominium at larger scale
- 425 West 50th Street — Art Deco conversion condominium a few blocks south; the prewar-character alternative
- 310 West 52nd Street — condominium on the same street closer to Eighth Avenue, at very different density
- 447 West 45th Street — purpose-built Hell's Kitchen condominium; comparable buyer pool, documented policy stack
- 350 West 50th Street — larger full-service condominium alternative in the corridor
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent.
Considering a move at 424 West 52nd Street?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 424 West 52nd Street would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.