Condos are a hit

Investing In New York Music stars from Madonna to Mariah Carey, John Lennon to Lenny Kravitz recorded at this address..

Investing In New YorkMusic stars from Madonna to Mariah Carey, John Lennon to Lenny Kravitz recorded at this address . . . now the Hit Factory building in New York has been converted into luxury loft-style condominiums that cost from $1.1 million to over $4 million (€851,483 to €3.09 million).

Included in the seven-storey Hit Factory development at 421 West 54th Street, just off Ninth Avenue, are 27 one to three-bedroom apartments and six penthouse duplexes with private terraces.

They range in size from 93-315sq m (1,000-3,400sq ft). The condominium, which is in increasingly popular Hell's Kitchen, has a large deck on the roof of the building with views of the Manhattan skyline. Facilities include a fitness centre.

Apartments have 11ft-high ceilings, oak floors, large windows and high spec fittings: there are glass-enclosed showers in the main bathrooms as well as cast-iron "soaking tubs" and Sub-Zero wine refrigerators and granite counter-tops in kitchens. Penthouses come with private terraces ranging in size from 20-130sq m (225-1,400sq ft).

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Michael Chapman, Stribling Marketing Associates

001 646 613 2622; www.thehitfactorycondo.com