$425,000
Updated 3 years ago
Sold

Fifth Avenue Hotel

24 Fifth Ave, 931

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

Studio 1 Bath342 Square FeetCo-op [Land-Lease]

$425,000
Maintenance$1,085
Price Per SF
$1,243

This property was sold for $410,000 on 01/05/24.

Listing Features

  • Beamed Ceilings
  • Hardwood Floors
  • High Ceilings
  • Walk-in Closet
  • Wall Mounted TV
  • MultiPaned Windows
  • New Windows
  • Noise Abate Wdws
  • Microwave
  • S Steel Appliances
  • Windowed Kitchen
  • Pedestal Sink

Outdoor space and views

  • City Views
  • 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, 931

The rarest and one of the most coveted studio lines @ 24 Fifth Avenue has arrived for those discerning types. Presenting 24 5th Ave-Apt#931. The 31 line is the exclusive studio line facing west @ 24 5th Immerse yourself in this brilliant & unparalleled western exposure from this sundrenched studio. You will find breathtaking views of the west village & Hudson Yards, not to mention the historic Jefferson Market Clock Tower. Rarely available and will be quickly scooped up by the savvy New York City buyer.

Before you respond to this offering, please read the details carefully. My firm focuses on an education platform regarding sales here @ 24 Fifth Avenue.

***This building is a land (Ground) lease building with the lease expiring in 2087. There are sixty-four (64) years remaining on the land lease.
***Parents buying with children, gifting and pied-a-terre's are permitted.
*****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.

Attention all students & their families. NYU, Cardozo, New School & Parsons:
Math working towards home ownership: If you were to rent a 24 hr full-service dm studio in the heart of Greenwich village, you would be looking @ approximately $3500 per month. Yearly, that equates to $42,000. You multiply that by four (4) years for a 4 yr degree, and you have $168,000 in rent paid. For an extra $257,000 you own it. This formula has been prevalent & enormously successful for many families over my 33 years of sales experience in this building.

Become one with 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 5th Ave is in the most esteemed Gold Coast location. Owners of these units rarely relinquish their rights to them.

The apartment itself is totally renovated.

Kitchen: Windowed with the View and stainless-steel appliances.

Bathroom: Has a cast iron soaking tub.

Other features include hardwood floors, high beamed ceiling, and two walk in closets.

24 Fifth Avenue is a highly desirable prewar building boasting a grand elegant lobby, 24-hr DM, full staff of porters, concierge, resident super, onsite management, state-of-the-art fitness center, modern laundry room, bike room, and storage. The building now boasts the popular restaurant Claudette and Forbes Media as its commercial entities.

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.

Listing History for 24 Fifth Ave, 931

Now
01/05/2024
$410,000
Sold and Closed by Ken Barkoff
Barkoff Residential
2024

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: 2058192