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Sold
  • $410,000

    24 5th Ave APT 1221, Manhattan, NY 10011

    0beds
    --sqft
    Coop
    Built in 1926
    -- sqft lot
    $464,300 Zestimate®
    $--/sqft
    $5,708 Estimated rent

    Home value

    $464,300

    $413,000 - $534,000

    $5,708/mo

    Zestimate® history
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    What's special

    Offer Accepted as 5\2\24 with backup. Become one with this classic prewar world as first envisioned by the renowned architectural team of Emery Roth & Sons back circa 1924. Before you respond to this offering, please read the details carefully. My firm focuses on an education platform first regarding sales here @ 24 Fifth Avenue. ***Please note, professional pics and floorplan has been loaded as of 5\3\24 Also, the video will be posted within the next few days. ***Parents buying with children, gifting and pied-a-terre's are permitted. ***24 Fifth Avenue is a ground lease also known as a land lease with expiration in the year 2087. ***There are sixty-three (63) years remaining on the ground lease. ***NO INVESTORS PERMITTED!!! You must use the apartment for three (3) years before you are able to rent the apartment. At that point, you may be able to sublet the space for three (3) out of the next five (5) years. ***The building is pet friendly. ***This flat has just been painted and repaired and is turnkey. Attention all students & their families. NYU, Cardozo, New School & Parsons: Plenty of time to complete a family purchase of this home and be there for the start of the Fall 2024 Semester but the clock is ticking... Math & Statistics working towards home ownership: If you were going to rent a 24-hour full-service door attendant studio in the heart of Greenwich village, you would be looking @ approximately $3500 per month and that is on the conservative side. Yearly, that equates to $42,000. You multiply that by four (4) years, and you have $168,000. For an extra $227,000, you own it. This formula has been prevalent & enormously successful for many families over my 34 years of sales experience in this building. Supply & Demand: There are 420 units here @ 24 Fifth Avenue. This is one of only five (5) studios available for sale here. Including #1221, that makes five (5) units out of 420 units available. That is less than 1.2% availability. This is a prolific example of how homeowners @ 24 5th Avenue are reluctant to relinquish their stake in this Classic Prewar building. Presenting 24 5th Avenue-Apartment#1221. If value is what you are looking for, you will be impressed by some of the details of this unique offering. Immerse yourself in this classic prewar world as first envisioned by the renowned architectural team of Emery Roth & Sons back circa 1924. You will know you have found your new home as you enjoy traversing 5th avenue as it meets 9th Street, one of the most desirable and central locations in the city. Many New Yorkers refer to this small area of Greenwich Village as the Gold Coast with good reason. As you enter the building, you will be welcomed by a combination of an immense grand lobby that takes you back in time where the roaring 20's was in full swing. There you will be greeted by your full-time door attendant as part of a fully staffed building including porters, property manager and resident superintendent. This building was originally built as the Fifth Avenue Hotel on the site of the famed Brevoort Mansion. Perfect for pied-a-terre or full-time home. The apartment features a quiet northern exposure, hardwood floors, high beamed ceiling, and a large walk-in closet Kitchen: Open to the living room and features all stainless-steel appliances including a dishwasher. Greenwich Village is the nexus of the prime downtown vibe with great access to Washington Square & Union Square Parks, multiple mass transit options, great retail, restaurants, cafes & so much more. One of the building's crown jewels is its state-of-the-art fitness center. Membership is for residents only. 1 year membership starts @ $800 This flat is priced to sell! We expect heavy interest. If you have a genuine interest, please contact me right away. Your opportunity to own a lovely prewar home is now!

    Zillow last checked:

    Listing updated:

    Listed by:

    Kenneth Barkoff,

    Barkoff Residential

    Source: StreetEasy,MLS#: S1713918

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 0
    • Bathrooms: 1
    • Full bathrooms: 1
    Rooms
    • Room types: Bike Room
    Appliances
    • Included: Dishwasher
    • Laundry: Inside
    Features
    • Flooring: Hardwood
    Interior area
    • Total structure area: 0

    Property

    Details
    • Parcel number: 00573004310094821221
    • Special conditions: Resale

    Construction

    Type & style
    • Home type: Cooperative
    • Property subtype: Coop
    Condition
    • Year built: 1926

    Community & HOA

    Community
    • Features: Doorman, Full Time Doorman, Virtual Doorman
    • Security: Doorman, Full-Time Doorman, Virtual Doorman
    • Subdivision: Greenwich Village
    HOA
    • Has HOA: Yes
    • Amenities included: Laundry, Fitness Center, Elevator(s), Concierge
    • Services included: Maintenance
    • HOA fee: $1,155 monthly
    Location
    • Region: Manhattan

    Financial & listing details

    • Date on market: 4/29/2024

    Price history

    DateEventPrice
    8/9/2024Sold$410,000+3.8%
    Source: Public Record Report a problem
    5/8/2024Pending sale$395,000
    Source: StreetEasy Report a problem
    4/29/2024Listed for sale$395,000
    Source: StreetEasy Report a problem
    8/13/2018Sold$395,000
    Source: Public Record Report a problem
    5/17/2018Pending sale$395,000
    Source: Barkoff Residential Report a problem
    4/30/2018Listed for sale$395,000+30.6%
    Source: Barkoff Residential Report a problem
    7/30/2016Listing removed$2,795-3.5%
    Source: Barkoff Residential Report a problem
    8/5/2015Listing removed$2,895
    Source: Barkoff Residential Report a problem
    7/15/2015Price change$2,895-0.2%
    Source: Barkoff Residential Report a problem
    7/1/2015Price change$2,900-3.3%
    Source: Douglas Elliman Report a problem
    5/8/2015Listed for rent$3,000
    Source: Douglas Elliman Report a problem
    3/6/2012Sold$302,500
    Source: Public Record Report a problem

    Public tax history

    Tax history is unavailable.
    Find assessor info on the county website

    Neighborhood: Greenwich Village

    Nearby schools

    GreatSchools rating