Hit Factory Condominium
421 West 54th Street, Manhattan, NY 10019
Overview
Hit Factory is a condo in Manhattan, with 2 commercial units.
- Offering plan: Accepted May 2006 · 523 pages · floor plans on page 51
- Finishes: Hardwood floors, stone kitchen countertops, painted wood cabinets, Sub-Zero, Miele and Bosch appliances, a washer and dryer in each apartment and ducted heat pumps for heating and cooling
- Prices: $58.5 million in all
- Common charges: $610–$2,121 a month, the sponsor's first-year estimate
- Developer: Core Plus Properties, LLC; principals Charles M. Dubroff, Richard Saunders and Scott Turkington
- Sponsor: Sagamore 54th St. Investments LLC, represented by Philip S Brody
- Neighborhood: Hell's Kitchen, Manhattan
- Subway: 8-minute walk to 59 St-Columbus Circle (1, A, B, C, D); 8 minutes to 50 St (C, E)
- Amendments: 22, the latest in May 2014
- Units
- 2 commercial
- Neighborhood
- Hell's Kitchen, Manhattan
- Subway
- 8 min walk to 59 St-Columbus Circle 1 A B C D50 St C E, 8 min
- Developer
- Core Plus Properties, LLC
- Principals
- Charles M. Dubroff, Richard Saunders, Scott Turkington
- Common charges
- $610–$2,121 a monthSponsor's first-year estimate in Schedule A, January 1, 2007 - December 31, 2007
- Offering price
- $58.5 million total
- Floor plans
- Page 51 of the plan
- SubmittedOctober 2006
- AcceptedMay 2006
- 22 amendments
- First sale
- Latest sale
Units & Prices
Sales
27 of 27homes sold (100%)
From city records (ACRIS), through Aug 31, 2026.
First-Year Budget
From our research: NYC Co-op and Condo Tax Abatement: Is It Worth Paying Prevailing Wage? (Board Calculator)
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Property Taxes
The plan's first-year tax estimate, checked against the city's real bills.
Each home's estimate, city bills and tax breaksSee it free →Closing Costs
The buyer pays the NYC and NY State transfer taxes, which a seller usually pays.
All 5 closing costs in the plan, with their pagesSee it free →The Building
Team
- Sponsor
- Sagamore 54th St. Investments LLC
- Developer
- Core Plus Properties, LLC
- Principals
- Charles M. Dubroff, Richard Saunders, Scott Turkington
- Counsel
- Philip S Brody
- Tax estimate
- Tuchman Katz, Schwartz Gelles Korngold & Weiss, LLPPrepared the first-year real estate tax projection
- Construction lender
- Bank of Scotland$28.3 million loan stated in the plan
- Structural engineer
- Chen Engineering Services. P.C.Named on p. 206
- MEP engineer
- DNV AssociatesMechanical, electrical and plumbing · Named on p. 205
- Property report
- Arpad Baksa Architect, P.C.Prepared the plan's description of the property and its condition · Named on p. 210
- Interior designer
- Joanna Frank (lobby and amenities)Reported by cityrealty.com
From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?
Zoning
- Zoning district
- C6-2
- Special district
- Special Clinton District (CL)
Today's zoning, from city data (PLUTO 26v2).
Nearby
- 441 West 54th Street Condominium A/K/A The Gildnext door · 28 units · 2022
- Dillonnext door · 83 units · 2009
- 419 West 55th Street Corporationnext door · 24 units · 2003
- 805 Ninth Avenue Condominiumnext door · 5 units · 2017
- 855 -857 Ninth Avenuenext door · 1986
- 424w52 Condominium0.1 mi · 7 units · 2019
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