The Nest

NestApple's Real Estate Blog

Featuring real estate articles and information to help real estate buyers and sellers. The Nest features writings from Georges Benoliel and other real estate professionals. Georges is the Co-Founder of NestApple and has been working as an active real estate investor for over a decade.

50 West 29th Street, Unit 13W

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Perched on a high floor in a boutique Nomad cooperative, this designer two-bedroom, two-bathroom pre-war loft seamlessly blends classic loft aesthetic with modern finishes. Coveted privacy with just two residences per floor, paired with remarkably low monthlies – a rare combination in the NYC market. Residence 13W is defined by soaring 11-foot ceilings, cement floors, central AC, expansive windows with three exposures, and classic New York City views including the iconic Empire State Building.

Relax and entertain in the sun-drenched great room with double exposure, highlighted by beamed ceilings and industrial chic details found only in a true loft. The space is anchored by a modern, windowed open kitchen featuring Caesarstone countertops, white lacquer cabinetry, a double-door stainless steel refrigerator, and an island Viking range with pop-up vent. The flexible floorplan accommodates many layout options, including a potential third bedroom, den, or private office conversion (alternate floor plan available). There is also a precedent and ability to convert the north facing planting balcony into a formal and functional outdoor space.

The set-back primary suite offers four closets and double south and west exposures that flood the room with light throughout the day. The elegant five-fixture en-suite bath is appointed with a Toto toilet, Hansgrohe rain shower, double vanity, and imported European stone. An in-unit washer/dryer is also housed in the primary for added convenience.

The second bedroom features a west-facing window with warm afternoon light and sits directly across from the full second bathroom, which doubles as a powder room when entertaining. An additional storage closet is located in the hallway between the bedroom and bathroom.

Built in 1924 and converted to a co-op in 1977, this historic residence is part of the Flower Tenants Corporation. The intimate 14-story building comprises just 25 apartments with two residences per floor. Ground-floor retail income helps keep monthlies modest. Building amenities include two passenger elevators, a freight elevator, a full-time superintendent, and a video intercom system. Pets welcome. Financing up to 80% permitted; 2% flip tax.

The stretch of Broadway just north of 26th Street has undergone significant transformation, with luxury hotels and vibrant destinations including The Ned, The Ritz-Carlton, and Virgin Hotels. Neighborhood favorites include Anita Gelato and Swingers Mini Golf. Residents enjoy close proximity to Madison Square Park and top-tier grocery options including Whole Foods, Trader Joe’s, and Eataly. Fitness is well covered with Equinox, Lifetime, Crunch, and numerous boutique studios nearby. Convenient access to the N, R, W, and 6 trains, Penn Station, and major bus routes ensures effortless travel throughout the city.



Written By: Georges Benoliel

Georges has been working in Wall Street for the last 16 years trading derivatives with hedge funds. He has been an active real estate investor for over a decade. Georges graduated from HEC Business School in Paris and holds a master in Finance from ESADE Barcelona.

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