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.

635 West 42nd Street, Unit 24B

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High-Floor 1BR with Open Hudson River & Midtown Views at The Atelier

KEY DETAILS:

-Incredibly low monthlies for a full-service Manhattan condo with amenities:
—Total monthly carry of ~$2.60/sqft – nearly 30% below the average per-sqft carry for a comparable property
-Strong building financials – history of low-to-no YoY common charge increases; no ongoing assessments, with recent hallway upgrades complete and fully paid for
-Strong rental history with a ~4% cap rate; rents quickly given the views, layout, and Atelier amenity package
-Tenant in place through Fall 2026; advance notice required for showings

THE APARTMENT

Oversized windows frame open North/West River and City exposures from every room, with views of the Intrepid, down the Hudson all the way to the GW Bridge, and the Midtown skyline. The layout is efficient and well-proportioned, with high 9-ft ceilings, white oak flooring throughout, abundant closet storage, and an in-unit Bosch washer/dryer. The kitchen pairs quartz countertops and custom cabinetry with a full premium appliance suite – Bosch range, dishwasher, and microwave alongside a Sub-Zero refrigerator. The marble bathroom (with a window!) finishes the home with a clean, spa-like feel.

THE BUILDING

Designed by renowned architect Costas Kondylis, The Atelier is a 46-story, full-service condominium with a 24/7 doorman, concierge, and live-in superintendent. Amenities include a rooftop Sky Lounge and roof deck with 360 panoramic views, a private garden with BBQs, tennis and basketball courts, a fitness center, a resident lounge, media room, business center, and children’s playroom. Residents enjoy complimentary breakfast and shuttle service, on-site garage, bike room, and storage. The building is LEED-accredited with a solar array, and offers direct indoor access to Life Time Fitness, which features an indoor lap pool, two outdoor pools, spa, pickleball, indoor basketball, rooftop, caf, and more.

THE NEIGHBORHOOD

At the crossroads of Hudson Yards, Hell’s Kitchen, and the Theatre District – one of Manhattan’s most dynamic and convenient corners. Steps to Hudson River Park and The High Line; minutes to Whole Foods and the shopping, dining, and entertainment of Hudson Yards. Multiple subway lines (34th StHudson Yards, Times Square, Port Authority, Penn Station), ferries, CitiBike, and buses are all within easy reach.



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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