24 5th Avenue, Unit 712

24 5th Avenue, Unit 712

24 5th Ave
Greenwich Village

$400,000
Price
Studio
Beds
1
Bath
375 Sq. Ft.
$1,067 / Sq. Ft.
375
Sq. Ft.
$1,067
per Sq. Ft.

Virtual Tour

Virtual Tour

Description

Welcome to the Manhattan home of the illustrious late owner Manuel Felguérez. Manuel was a famed abstract artist and sculptor. His work is on display in the form of a large mural at United Nations and he has own museum in Mexico among an extensive list of other prominent accolades. Here is the best part, Manuel designed and built the loft bed in this flat and you will have the opportunity to keep it as part of the sale. Let’s stay on this historical track as you become one with this classic prewar...Welcome to the Manhattan home of the illustrious late owner Manuel Felguérez. Manuel was a famed abstract artist and sculptor. His work is on display in the form of a large mural at United Nations and he has own museum in Mexico among an extensive list of other prominent accolades. Here is the best part, Manuel designed and built the loft bed in this flat and you will have the opportunity to keep it as part of the sale. Let’s stay on this historical track as you become one with this classic prewar world as first envisioned by the renowned architectural team of Emery Roth & Sons back circa 1924. Before you respond to this offering, please read the details carefully. My firm focuses on an education platform first regarding sales here @ 24 Fifth Avenue. Parents buying with children, gifting and pied-a-terre's are permitted. 24 Fifth Avenue is on a ground lease also known as a land lease with expiration in the year 2087. There are sixty-three (63) years remaining on the ground lease. No investors permitted! You must utilize the apartment for either part-time or full-time use for three (3) years before you will be 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. This flat has just gone through an extensive cosmetic renovation including painting, plastering, tub reglazed, new countertop and lots of new light fixtures Attention all students & their families. NYU, Cardozo, New School & Parsons: Plenty of time to complete a family purchase of this home and be there for the start of the Fall 2024 Semester but the clock is ticking... Math & Statistics working towards home ownership: If you were going to rent a 24-hour full-service door attendant studio in the heart of Greenwich village, you would be looking @ approximately $3500 per month and that is on the conservative side. Yearly, that equates to $42,000. You multiply that by four (4) years, and you have $168,000. For an extra $257,000, you own it. This formula has been prevalent & enormously successful in my personal experience for many families over my 34 years of sales experience in this building. Supply & Demand: There are 420 units here @ 24 Fifth Avenue. This is one of only a few studios available for sale here. That is approximately 1% availability. This is a prolific example of how homeowners @ 24 5th Avenue are reluctant to relinquish their stake in this Classic Prewar building. Presenting 24 5th Avenue-Apartment#712. If value is what you are looking for, you will be impressed 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, one of the most desirable and 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 that takes you back in time where the roaring 20's was in full swing. There you will be greeted by your full-time door attendant as part of a fully staffed building including porters, property manager and resident superintendent. This building was originally built as the Fifth Avenue Hotel on the site of the famed Brevoort Mansion. Perfect for pied-a-terre or full-time home. The apartment features a quiet northern exposure, hardwood floors, high beamed ceiling, and a large walk-in closet 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. One of the building's crown jewels is its state-of-the-art fitness center. The equipment is top quality. Membership is for residents only and a one-year membership starts @ $800 This flat is priced to sell, and we expect heavy interest. If you have a genuine interest, please contact me right away. Your opportunity to own a lovely prewar home in the heart of classic Greenwich Village & just steps to the Washington Square Arch is now.

Property Details for 24 5th Avenue, Unit 712

Architectural Style
Prewar

Location

Listing Courtesy of Barkoff Residential Inc
Add your commute
LISTING UPDATED: 05/21/2024 01:31 PM

Property Details for 24 5th Avenue, Unit 712

StatusActive
MLS IDOLRS-2087556
Days on Market14
Taxes-
Maintenance$1,225 / month
Min. Down Pymt20%
Total Rooms2.0
Compass TypeCo-op
MLS TypeCo-op
Year Built1926
CountyNew York County

Building

24 5th Ave

420 Units21 StoriesBuilt in 1926

Location

Listing Courtesy of Barkoff Residential Inc
Add your commute

Virtual Tour

Building Information for 24 5th Avenue, Unit 712

Building/Complex24 5th AveFloor7Stories21Residences420Pet PolicyAllowedYear Built1926Building AgePre-warBuilding TypeHighrise

Payment Calculator

$3,408 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,183

Property Taxes

$0

Maintenance/Common Charges

$1,225

The Payment Calculator is for illustrative purposes only.

Property Information for 24 5th Avenue, Unit 712

Summary
Location and General Information
  • Subdivision Name: Greenwich Village
  • Cross Street: East 9th Street/East 10th Street
  • Stories Total: 21
  • Exposures: North, South
Taxes and HOA
  • Tax Lot: 43
  • Tax Deduction Percent: 54.00%
  • Tax Block: 573
  • Flip Tax Type: Percent
  • Association Fee Frequency: Monthly
  • Flip Tax: $0
  • Tax Deduction Amount: $66,146
  • Building Tax Lot: 43
  • Tax Monthly Amount: 0.0
  • Tax Abatement YN: false
Parking
  • Garage: No
Virtual Tour
Property
Lot Information
  • Living Area: 375.0
  • Living Area Units: SquareFeet
Building Information
  • Building Exterior Features: Storage
  • Building Laundry Features: CommonArea
  • Building Pets Allowed: BuildingYes
Property and Assessments
  • New Development: No
  • Building Rules: PiedATerreAllowed
  • Sponsor Unit: No
  • Certificate Of Occupancy: No
  • Percent Of Common Elements: .00%
  • Common Interest: StockCooperative
  • Number Of Shares: 686
  • New Construction: No
  • Structure Type: HighRise
Interior and Exterior Features
Exterior Features
  • Window Features: NewWindows
Interior Features
  • Cooling: WindowUnits
  • Kitchen Condition: Good
  • Floor Number: 7
  • Cooling: Yes
  • ElevatorsTotal: 5
  • Closets Total: 0
Multi Family
Multi-Family Information
  • Unit Line: 12
  • Number Of Units Total: 0
Rental
Rental Information
  • Pets Allowed: UnitYes
  • Attendance Type: ConciergeFullTime, DoormanFullTime, LobbyAttendantFullTime
  • Land Lease: Yes

Property History for 24 5th Avenue, Unit 712

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 24 5th Avenue, Unit 712

This home is within New York City Geographic District # 2.
Rating
School
Type
Grades
Distance
P.S. 41 Greenwich Village
Public - PK to 5
Middle 297
Public - 6 to 8
Nyc Lab Ms For Collaborative Studies
Public - 6 to 8
Lower Manhattan Community Middle School
Public - 6 to 8
Rating
School
Distance
P.S. 41 Greenwich Village
PublicPK to 5

Middle 297
Public6 to 8

Nyc Lab Ms For Collaborative Studies
Public6 to 8

Lower Manhattan Community Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

Homes for Sale near Greenwich Village

Neighborhoods

Cities

ZIPs

More information about 24 5th Avenue, Unit 712, Greenwich Village

24 5th Avenue, Unit 712 is a co-op for sale in Greenwich Village. This property was listed for sale on May 14, 2024 by Barkoff Residential Inc, it's currently listed at $400,000. This listing's school district is New York City Geographic District # 2. Nearby schools include P.S. 41 Greenwich Village, Middle 297 and Nyc Lab Ms For Collaborative Studies. 24 5th Avenue, Unit 712 is a 0-bed, 1-bath, 375 sqft co-op built in 1926.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Barkoff Residential Inc

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.