$365,000
Updated 8 years ago
Off Market

Fifth Avenue Hotel

24 Fifth Ave, 306

Greenwich Village, Manhattan | East 9th Street & East 10th Street

Studio 1 Bath375 Square FeetCo-op [Land-Lease]

$365,000
Maintenance$1,061
Price Per SF
$973

Listing Features

  • Beamed Ceilings
  • Hardwood Floors
  • High Ceilings
  • Walk-in Closet
  • MultiPaned Windows
  • New Windows
  • Noise Abate Wdws
  • S Steel Appliances

Outdoor space and views

  • South Exposure

Building Amenities

  • Full Service
  • Bike Storage
  • Elevator
  • Health Club
  • Laundry Room
  • Renovated Lobby
  • Storage
  • Valet Service

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 24 Fifth Ave, 306

Looking for a great value in the top downtown location? Look no further as Barkoff Residential presents 24 5th Avenue-Apartment#306.
Estate Sale in Estate Condition. Bring your contractor!
Immerse yourself in this classic prewar world as first envisioned by the renowned architectural team of Emery Roth & Sons back circa 1924.

Perfect for Pied-A-Terre or full-time home. 24 Fifth Avenue is located in the most esteemed gold coast location.

Once inside this versatile efficiency studio, you can start to envision where your imagination may take you as you will need to put your own signature on this charming studio template.

This Flat features hardwood floors, high “beamed” ceiling, Bright South exposure and a large walk-in closet. Did I mention the village-esqe tree lined views of classic 9th street?
It is currently the only south exposure studio on the market here @ 24 5th avenue.
Building contractor has offered a quote to gut renovate this Flat for $40K including opening up of the kitchen to the LR, wide plank hardwood floors, all new electric & plumbing, stainless steel appliances including a D/W and much more. ***Please note, this would be under a separate agreement between contractor and potential purchaser only. BRI would be happy to make the introduction but recommends you getting at least two other competitive bids.
If you put the $40K in, it brings it up to its approximate market value of just north of $400K.
Before you contact the broker for questions or access, please note the following important aspects of this offering:

***There are no pics of the apt as it’s in estate condition.
***Access is via Open House only as it stands now with the first one scheduled for Sun May 13th from 1-230pm. Happy Mother’s day to all you moms!
***24 Fifth Avenue is on a ground lease (land lease) with expiration in the year 2087.
***Parents buying with children, gifting and pied-a-terre's are permitted.
***No investors. You must use the apartment for three years before you are able to rent the
apartment for three out of five years.
***The building is pet friendly.
***Please make sure you and/or your buyer view the full media presentation including
professional floorplan & digital photography of the building.

This classic prewar 24-hour doorman building was designed by the renowned architectural team of Emery Roth & Sons. Built in 1924 & originally opened as a luxury hotel features updated grand hallways, restoration of a classic lobby, three brand new passenger elevators plus freight, resident superintendent, on-sight management office, full staff of porters, large modern laundry room & bike room at no extra cost (subject to availability). Storage subject to availability & extra cost.

One of the building's crown jewels is its state of the art fitness center. The equipment is top quality & very similar what you would find in higher end type gyms in Manhattan. Exclusive resident only membership has one to three-year membership prices ranging from $750-$1688. You can view digital pics of the gym, facade and lobby as well right here. The building is on a ground lease (land lease) through 2087.

The building now boasts the popular restaurant Claudette and Forbes Media as its prestigious commercial entities.

Here is your opportunity to own a lovely prewar home in the heart of classic Greenwich Village, lower fifth avenue and, just steps to Washington Square Park.

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…

Building Details for 24 Fifth Ave

OwnershipCo-op [Land-Lease]
Building TypeHigh-Rise
Service LevelFull Service
AgePre-War
AccessElevator
Year Built1926
Financing Allowed80%
Floors/Apts21/420
Learn More About the Building

Transit and Citi Bike

Subway

W 4 St-Wash Sq
0.24 miles
8 St-NYU
0.25 miles
14 St-Union Sq
0.3 miles
6 Av
0.3 miles
Astor Pl
0.33 miles

Citi Bike

E 10 St & 5 Ave
0.05 miles
University Pl & E 8 St
0.12 miles

Contact Agent

Contact Agent

Ken Barkoff
Barkoff Residential

Greenwich Village | Manhattan

Quick Profile

Birthplace of beatniks, Greenwich Village has always been a neighborhood bursting with creativity, home to artists, poets, musicians and writers. There is a lot of foot traffic in the neighborhood, as it gives convenient access to many other neighborhoods. There are a lot of popular eateries on MacDougal Street and bars on Bleecker Street. The neighborhood has a bit of a college-town feel, due to the presence of NYU. There aren’t large chain stores here, so it isn’t really a mecca for shopaholics, but you can find interesting vintage stores and specialty boutiques.

Available housing is centered on pre-war walk-ups. You can find good deals on the quieter, tree-lined side streets, as opposed to the bustling avenues. There are pockets of brownstones and townhouses, some dating back to the early 19th century, throughout the neighborhood, as well. You will find more luxurious housing in the newer high-rise buildings on Park and Fifth Avenues.

Washington Square Park is the heart of the neighborhood. If you sit near the Arch and close your eyes, you might catch an echo of the music and social history of the Park, floating through the air. Greats like Joan Baez, Bob Dylan, and Paul Simon started their storied careers right here in Greenwich Village. Today, the Village is a celebration of diversity, where everyone is welcome.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 1752265