Industrial / Loft home in 550 W 29th St #7A New York, NY
An Industrial condo in New York, NY, it offers 3 bedrooms and 4 bathrooms across 2,180 square feet. The Industrial styling carries through the home's design.
| Price | $3,995,000 |
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| Beds | 3 |
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| Baths | 4 |
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| Sqft | 2180 |
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| Architectural style | Industrial / Loft (81% match) |
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| Address | 550 W 29th St #7A New York, NY 10001 |
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Why buy this home
- Confirmed Industrial / Loft architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Movoto.
Is this a good buy?
Priced above comparable homes.
- At $4M, this home is 128% above the $1.7M median for 167 similar Industrial / Loft homes in New York, NY.
- That works out to $1833 per square foot, 38% above the $1331 comparable rate.
- On the market 17 days.
| This home | $3,995,000 |
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| Industrial / Loft median in New York, NY | $1,749,000 (167 homes) |
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| Price per sq ft | $1,833 vs. $1,331 comps median |
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Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $29,092/month with 20% down at a 7.28% 30-year fixed rate. You would need about $1,246,788 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $21,867/mo |
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| Property tax (new-buyer reassessed rate) | $5,726/mo |
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| Homeowners insurance | $1,498/mo |
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| Total monthly | $29,092/mo |
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| Down payment (20%) | $799,000 |
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| Income needed | $1,246,788/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home F (10 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | F (10/100) |
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| Beats renting in | 0% of modeled paths |
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| Modeled 5-yr equity (median) | $743,112 |
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| Range (10th to 90th pct) | $134,807 to $1,455,206 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward New York, NY where local data is thin.
Local home values
Typical home values in New York, NY have risen about 28% over the past 5 years (+5% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Movoto