Loft 55

Loft 55 is a condo located 419 West 55th Street, in Hell's Kitchen, New York. The building was first built in 1911 and is 113 years old. It was first renovated and altered in 2003. The lot that the building was built on is 50 feet wide and 123 feet long. The official lot area is listed as 5,525 square feet. The building itself is 50 feet wide and 116 feet long. In total, 419 West 55th Street has a total floor area of 33,658 square feet. Of that, 31,000 square feet are used for residential purposes. About 2,658 square feet of the building are used for commercial purposes. There are a total of 25 units. Of those, 24 are residential units. There are 1 commercial units. 419 West 55th Street has a total of 7 floors. Thankfully, the building is equipped with elevator service.

Interested in learning more about the building? There are many great amenities and features for residents in the building. You can expect to be greeted by a doorman on a daily basis. The same doorman will make sure that your packages are delivered properly and secure! Better yet, washer and dryers are allowed in each unit. Residents who own pets will be happy to hear that the building is pet-friendly. Both dogs and cats are allowed in the building! There are 53 closings on record, of which we have matching data for 17 listings. In the past 3 years, a listing in this building will typically remain on the market for about 139 days and tend to sell above the original asking price of $1,120,000 by 5.11%. Meaning, listings tend to sell at a median of $944 price per square foot. The transaction that took the longest to complete was unit 4D, listed on Jul 07, 2016 for $1,230,000. This particular unit ultimately sold 273 days later for $1,120,000. The most recent transaction was for unit 2B, which was first advertised on Mar 03, 2023, sold for $995,000 on Jun 26, 2023. Fun fact, the oldest transaction we have on record took place on Jun 09, 1970. See the full transaction history for Loft 55 below.

Hell's Kitchen, where 419 West 55th Street is located, has a median asking price of $2,000,000 for condo buildings. Meanwhile, the building itself has a median asking price of $1,120,000. For interested buyers, that means the building's median asking price is around 0.44% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.