The Bakery

The Bakery is a Co-op located 521 West 47th Street, in Hell's Kitchen, New York. The building was first built in 1910 and is 114 years old. It was first renovated and altered in 1984. But was most recently renovated and altered in 2004. The lot that the building was built on is 50 feet wide and 100 feet long. The official lot area is listed as 5,021 square feet. The building itself is 50 feet wide and 87 feet long. In total, 521 West 47th Street has a total floor area of 21,101 square feet. Of that, 21,101 square feet are used for residential purposes. There are a total of 16 units. Of those, 16 are residential units. 521 West 47th Street has a total of 4 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. 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 31 closings on record, of which we have matching data for 15 listings. In the past 3 years, a listing in this building will typically remain on the market for about 159 days and tend to sell below the original asking price of $935,000 by 58.22%. Meaning, listings tend to sell at a median of $876 price per square foot. The transaction that took the longest to complete was unit 3C, listed on May 19, 2015 for $695,000. This particular unit ultimately sold 367 days later for $600,000. The most recent transaction was for unit 2D, which was first advertised on Feb 24, 2023, sold for $899,000 on Aug 07, 2023. Fun fact, the oldest transaction we have on record took place on Dec 30, 1966. See the full transaction history for The Bakery below.

Hell's Kitchen, where 521 West 47th Street is located, has a median asking price of $750,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $935,000. For interested buyers, that means the building's median asking price is around 0.25% above the neighborhood's median asking price for co-ops. A buyer may therefore end up paying more for a unit in this building compared to other co-op buildings in the neighborhood.

There is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $1,275,000. It is a 1-bedroom and 1-bathroom unit.