Property Description for 24 Fifth Ave, 1608
This unit is TOM, look for it to come back on the market by the end of Jan/Beg of Feb 2011. This unit is priced to sell as 3 studios have just closed in the bldg between 9/27/10-10/28/10 with an Avg price per share of $518.26 The seller's asking price is less then this & this studio stands head & shoulders above the Comps (See exact comp details below summary). This Sundrenched South Exposure charmer with a large allocation of 763 shares offers Spectacular City Views & rises to the top of the 24 5th Ave Studios. It is also the only Studio for sale in a bldg that has 424 units! Its been architectually designed to have a stylish Sep Bed area with custom book shelves. The apt also Features Dramatic City Views that will stretch to the New World Trade Center, Brilliant & Blinding South Exposure, Reno Kit, Hardwood Flrs, Hi (Beamed) Ceil & an immensely large Walk-in Closet (5'7 by 7'1-40 SQ FT). The Renovated Kit Features an Under the counter Stainless Steel Sub-Zero Fridge,Stainless Steel cabinets, full size oven & a Carrera Marble Counter top. Its a rare offering on a super high floor of a Gorgeous Prewar Bldg in the Heart of Greenwich Villages reknowned Gold Coast. The architect was Emery Roth & Sons.
The Three most recent Studio Sale closing details:
Apt# Sold Date Shares Closing Price Price Per Share
----------------------------------------------------------------
#1528 10/28/10 695 $359,000 $516.55
# 202 9/29/10 650 $340,000 $523.08
# 1621 9/27/10 654 $337,000 $515.29
-------------------------------------------------------------------------------
Totals: Shares-1999 Price-$1,036,000. Avg Price Per Share-$518.26
This a Great Opportunity to put down some roots in one of the most prestigous stretches of real estate not only in Manhattan but the world. Pied-A-terres, Parents purchasing with their kids & students are allowed-No investors!