$459,000
Updated 4 years ago
Sold

Fifth Avenue Hotel

24 Fifth Ave, 1525

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

Studio 1 Bath425 Square FeetCo-op [Land-Lease]

$459,000
Maintenance$1,472
Price Per SF
$1,080

This property was sold for $450,000 on 03/24/22.

Listing Features

  • Beamed Ceilings
  • Hardwood Floors
  • High Ceilings
  • Murphy Bed
  • Refinished Floors
  • Walk-in Closet
  • MultiPaned Windows
  • New Windows
  • Noise Abate Wdws
  • Dishwasher
  • Microwave
  • New Appliances
  • S Steel Appliances

Outdoor space and views

  • City Views
  • Treeline Views
  • North Exposure
  • West Exposure

Building Amenities

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

Policies


Property Description for 24 Fifth Ave, 1525

Attention NYU, Cardozo, New School & Parsons: Still time to do a family purchase of this home and be there for the start of the Spring Semester but the clock is ticking...

This value heavy offering was just recognized and featured in the Sept 29th version of "Curbed" in the weekly feature article "Under a Million".

Art Piece! Stand at the window and look at your city view and that's the feeling you get.

This is the largest studio line in the building and very rarely comes available for sale. Presenting 24 5th Avenue-Apartment#1525. Enjoy high floor living on the 15th floor of this beautiful 17 story building. If value is what you are looking for, you will be blown away 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 as arguably one of the most desirable 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 & excellent staff that is rare to find these days. This building was originally built as the Fifth Avenue Hotel on the site of the Brevoort Mansion.

Perfect for pied-a-terre or full-time home. This flat is in turnkey condition. You close and can move right in.
The apartment itself is in spectacular condition with a brand-new kitchen and stylish renovated bathroom. It has also been painted and the floors were just refinished. There are stylish designer built-ins that were designed by Resource Furniture (www.resourcefurniture.com) & installed in July of 2019 including a Murphy bed, desk and a generous amount of shelving. The cost for this project was close to $40,000.

Apartment features include newly refinished hardwood floors, high beamed ceiling, an angled window with quiet north/western exposure with an extensive city view including Hudson Yards & plenty of bright sky and a large walk-in closet.

Kitchen: Stainless steel appliances including a Bosch dishwasher, Beko fridge & a Haier microwave. It also features a tile backsplash and Ceasarstone countertop.

Bathroom: Designer with dual flush toilet for water efficiency, floating sink with base and beautiful hardware for the shower including large rain fall style shower head.

I have been actively connecting buyers with their new homes here for 31 years now.
Before you contact the broker for questions or access, please note the following important aspects of this offering:

The building is pet friendly.
Parents buying with children, gifting and pied-a-terre's are permitted.
24 Fifth Avenue is a ground lease (land lease) with expiration in the year 2087.
NO INVESTORS!!! You must use the apartment for three years before you are able to rent the apartment for three out of five years.

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.

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 passenger elevators plus additional freight elevators, 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. Membership is discounted and for residents only. 1-3 Year membership prices range $750-$1688. You can view digital pics of the Gym & the lobby right here. The building is on a ground lease (land lease) through 2087.

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

Your opportunity to own a lovely prewar home in the heart of classic Greenwich Village & just steps to the Washington Square Arch is now.

Video Walkthrough


Listing History for 24 Fifth Ave, 1525

Now
03/24/2022
$450,000
Sold and Closed by Ken Barkoff
Barkoff Residential
02/18/2022
Board Approved by Ken Barkoff
Barkoff Residential

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: 1956220