Updated 5 years ago
Sold
335 West 38th Street, 5
Hell's Kitchen, Manhattan | Eighth Ave & Ninth Ave
Loft 8 Rooms2 Beds2.5 Baths4,000 Square FeetCo-op
$2,500,000
Maintenance$4,456
Price Per SF
$625
This property was sold for $2,400,000 on 07/14/21.
Listing Features
- Beamed Ceilings
- Custom Lighting
- Floor-Through
- Full Floor
- Galley Kitchen
- High Ceilings [11']
- Library / Den
- Live/Work
- Separate Dining Area
- Walk-in Closet
- Oversized Windows
- Dishwasher
- Gourmet Kitchen
- Kitchenette
- S Steel Appliances
- Powder Room
Outdoor space and views
- North Exposure
- South Exposure
- West Exposure
Building Amenities
- Video Intercom
- Keyed Elevator
- Roof Deck
- Storage
Policies
- Pets Allowed
Property Description for 335 West 38th Street, 5
ENORMOUS LEGAL LIVE/WORK LOFT IN EXCELLENT MIDTOWN WEST LOCATION!
This spectacular fully-built space at an amazing low price of $2.5 Million (approximately $625 per square foot), with low maintenance of just $4455. The entire Fifth floor of a classic 1920s textiles factory building, firmly rooted in the history of the Garment District while blending harmoniously with the exciting new construction of this booming neighborhood.
Totally flexible space with approx. 4,000 square feet with minimal structural columns, 11 foot ceilings, sprinkler system and two entrances, serviced by a passenger elevator and a freight elevator (in quintessential loft style, each is keyed and opens right into the space). A combination of hardwood floors and polished concrete floors. Perhaps most impressively, the loft offers huge windows. This massive and vibrant space simply oozes with character that new construction can never replicate.
Were it only for the loft's basic attributes, one might consider this an excellent opportunity with "great bones" and "potential" but the space is already fully built-out with a great flow, good proportions and in excellent condition! Set up as two distinct areas (each with its own entrance), the loft is move-in ready but could also be easily re-configured to suit your needs (with minimal changes, you could have 4 good sized, bedrooms, for example, while still retaining a large, separate office space (see alternate floor plan for ideas).
The tranquil residential wing features an expansive living area, having a bright northern exposure from its nearly 40 foot span of giant windows, a tremendous living room/dining area, beautiful sleek and modern kitchen, two sizable bedrooms plus a large enclosed office (perfect for your Peloton), two large modern baths, washer/dryer and tons of storage. The spacious and inspiring office section features a large gallery wall and reception area, huge great room with sunny southern exposure and streetscape views through nearly 50 feet of oversized windows (an ideal showroom or communal work space), two large windowed offices, a conference room, kitchenette and half bath, fully wired for electric and communications hookups. Entered through a lobby with video security, this well-established co-op enjoys a rare legal live/work designation from the City. The building allows up to 80% financing, pied-a-terres and is pet friendly.
Perfect for an entrepreneur, artist, designer or a household, this loft offers an incredible opportunity to be in the heart of the exciting Midtown West neighborhood, with theater, Times Square, the Highline, Hudson River Park and myriad restaurants within a few blocks. Surrounded by important new development, most notably, the sprawling Hudson Yards complex. Convenient to all amenities and transportation, you can also walk to work in Midtown or a take a quick Uber ride on the West Side Highway to Downtown. Want to get out of town? You are near the Lincoln Tunnel to NJ / Newark Airport, the West Side Highway to Westchester, Upstate or the Berkshires, and a straight shot across town to the Midtown Tunnel for LaGuardia, JFK, Long Island and the Hamptons.An amazing opportunity, priced to sell quickly!
This spectacular fully-built space at an amazing low price of $2.5 Million (approximately $625 per square foot), with low maintenance of just $4455. The entire Fifth floor of a classic 1920s textiles factory building, firmly rooted in the history of the Garment District while blending harmoniously with the exciting new construction of this booming neighborhood.
Totally flexible space with approx. 4,000 square feet with minimal structural columns, 11 foot ceilings, sprinkler system and two entrances, serviced by a passenger elevator and a freight elevator (in quintessential loft style, each is keyed and opens right into the space). A combination of hardwood floors and polished concrete floors. Perhaps most impressively, the loft offers huge windows. This massive and vibrant space simply oozes with character that new construction can never replicate.
Were it only for the loft's basic attributes, one might consider this an excellent opportunity with "great bones" and "potential" but the space is already fully built-out with a great flow, good proportions and in excellent condition! Set up as two distinct areas (each with its own entrance), the loft is move-in ready but could also be easily re-configured to suit your needs (with minimal changes, you could have 4 good sized, bedrooms, for example, while still retaining a large, separate office space (see alternate floor plan for ideas).
The tranquil residential wing features an expansive living area, having a bright northern exposure from its nearly 40 foot span of giant windows, a tremendous living room/dining area, beautiful sleek and modern kitchen, two sizable bedrooms plus a large enclosed office (perfect for your Peloton), two large modern baths, washer/dryer and tons of storage. The spacious and inspiring office section features a large gallery wall and reception area, huge great room with sunny southern exposure and streetscape views through nearly 50 feet of oversized windows (an ideal showroom or communal work space), two large windowed offices, a conference room, kitchenette and half bath, fully wired for electric and communications hookups. Entered through a lobby with video security, this well-established co-op enjoys a rare legal live/work designation from the City. The building allows up to 80% financing, pied-a-terres and is pet friendly.
Perfect for an entrepreneur, artist, designer or a household, this loft offers an incredible opportunity to be in the heart of the exciting Midtown West neighborhood, with theater, Times Square, the Highline, Hudson River Park and myriad restaurants within a few blocks. Surrounded by important new development, most notably, the sprawling Hudson Yards complex. Convenient to all amenities and transportation, you can also walk to work in Midtown or a take a quick Uber ride on the West Side Highway to Downtown. Want to get out of town? You are near the Lincoln Tunnel to NJ / Newark Airport, the West Side Highway to Westchester, Upstate or the Berkshires, and a straight shot across town to the Midtown Tunnel for LaGuardia, JFK, Long Island and the Hamptons.An amazing opportunity, priced to sell quickly!
Listing History for 335 West 38th Street, 5
Now
08/05/2021
$2,400,000
Sold and Closed by Ann Marie Folan
Douglas Elliman
04/15/2021
Contract Signed by Ann Marie Folan
Douglas Elliman
Building Details for 335 West 38th Street
OwnershipCo-op
Building TypeLoft
Service LevelVideo Intercom
AgePre-War
AccessKeyed Elevator
Year Built1925
Financing Allowed80%
Floors/Apts12/14
Transit and Citi Bike
Subway
42 St-Port Authority Bus Terminal
0.21 miles
34 St-Penn Station
0.21 miles
Times Sq-42 St
0.26 miles
34 St-Penn Station
0.35 miles
42 St-Bryant Pk
0.43 miles
Railroad
Penn StationLong Island Rail Road
0.33 miles
Citi Bike
8 Ave & W 38 St
0.06 miles
W 39 St & 9 Ave
0.1 miles
Hell's Kitchen | Manhattan
Quick Profile
There is some mystery surrounding Hell’s Kitchen and how it got its name. There’s the tale about two policemen discussing how horrendous the neighborhood was back in 1880’s. The rookie cop turned to the veteran cop and said, “this place is hell.” The veteran cop replied, “No, this is hell’s kitchen.” Some say it's named after a notorious 19th century motorcycle gang. Even the historians will tell you the neighborhood's name has dubious origins.
Regardless of how it got its name, Hell’s Kitchen is here to stay.
Hell’s Kitchen is an iconic neighborhood on the west side of Manhattan. Its boundaries are 34th and 59th streets and 8th Avenue to the Hudson River. The neighborhood has a dense urban feel with plenty of bars, bodegas, restaurants and coffee shops. It’s inhabited by an eclectic mix of young professionals, long term residents from the old days, LGBQT community and members of the performing arts community - due to the highest number of off Broadway theatres in all of New York CIty.
From the early 1800’s to the 1980’s, Hell’s Kitchen held the title for one of the toughest neighborhoods in the city. In its early history it was populated by poor working class Irish and street gangs. Riots, violence, and crime were not uncommon. During prohibition times it was said that Hell’s Kitchen had more speakeasies than children.
Several attempts of neighborhood rebranding have taken place over the years. Clinton, Midtown West, and even the short-lived Hell’s Canyon are a few of the replacement names that have been used. Hell’s Kitchen has a lot of grit and no shortage of fortitude. A trendy name change seems doubtful.
Hell’s Kitchen benefited greatly from the Times Square clean up in the 1990’s. When crime rates lowered and adult theatres and prostitution disappeared, Times Square became less sleazier. Soon after, Hell’s Kitchen changed. The days of Gangsters, Irish immigrants, and rough and tumble housing tenements are part of its storied history. They’ve been replaced with bars, bodegas, restaurants, off broadway theatres, and luxury buildings. The recent completion of Hudson Yards and the Highline extension has brought new life into Hell’s Kitchen
Low-rises, brownstones, row houses and 5 to 6 floor walk ups with studio and one bedroom apartments are common in Hell’s Kitchen. The local zoning laws from previous years kept the building heights on the lower side. Over the past decade, developers have been granted exceptions to building height zoning laws and created more modern highrise developments.
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: 1498211
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