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A blog from CityRealty (Links below will take you to the 6sqft site)

24 Fifth Avenue, #417

$375,000 ($938 per ft2) | Studio, 1 bath | Approx. 400 ft2

Key Details

  • Listed Jan 6, 2020
    Days on Market 13
    Building Type Cooperative
    Neighborhood Greenwich Village
  • Monthly Maintenance $1,024
    Minimum Down Payment 20%
    Doorman FT Doorman

Description

Immerse yourself in 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 Fifth Avenue is located in the most esteemed gold coast location. Currently one of only two studio flats available for sale out of this 421 unit building.

Once inside this versatile efficiency studio, you can start to envision wherever your imagination may take you as you may well want to put your own signature on this charming studio template.

This Flat features good separation of space with a small entry area, hardwood floors, high beamed ceiling, quiet western exposure and a large walk-in closet.

Kitchen is pullman as this building was originally built as a Hotel.

Before you contact the broker for questions or access, please note the following important aspects of this offering:

***24 Fifth Avenue is on a ground lease (land lease) with expiration in the year 2087.
***Parents buying with children, gifting and pied-a-terre's are permitted.
***No investors.

You must use the apartment for three years before you are able to rent the apartment for three out of five years.
***The building is pet friendly.
***Please make sure you and/or your buyer view the full media presentation including professional floorplan & digital photography.

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 brand new passenger elevators plus freight, 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. Exclusive resident only membership has one to three-year membership prices ranging from $750-$1688. You can view digital pics of the gym, facade and lobby as well right here.

The building is on a ground lease (land lease) through 2087.

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

Here is your opportunity to own a lovely prewar home in the heart of classic Greenwich Village, lower Fifth Avenue and, just steps to Washington Square Park.

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.

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Estimated Monthly Cost

About 24 Fifth Avenue

79

24 Fifth Avenue has received a CityRealty Rating of 79, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

26
Out of 44
+
28
Out of 36
+
16
Out of 39
+
9
=
79
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Distinguished 6 out of 8 points
Retail Quality:
High-End 5 out of 5 points
Canopy Entrance:
Dramatic 3 out of 3 points
Alterations:
Well Done 1 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
Yes and Good 2 out of 3 points
Skyline:
Exists 1 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Enclosed 1 out of 2 points
Airconditioners:
Discrete 1 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
None 0 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
Part of Historic District 1 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Very Attractive with Trees 4 out of 5 points
Distance To Neighborhood Center:
Less than 10 blocks 5 out of 5 points
Views:
Open 2 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Some 2 out of 3 points
Protected Views:
Only Top Floors 1 out of 2 points
Distance To Subway:
3-5 Short Blocks 1 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
Less than 3 Short Blocks 2 out of 2 points
Distance To Park:
Less Than 3 Short Blocks 2 out of 2 points
Distance To Water:
More than 6 Short Blocks 0 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Spacious 4 out of 5 points
Units Per Floor:
5-9 2 out of 5 points
Ceiling:
8-9 Feet 1 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Minimal 1 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
Some 1 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
Yes 1 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
Some 1 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
Yes 1 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Some 1 out of 2 points
  • Co-op
  • Built in 1928
  • 419 Apartments
  • 15 Floors

Building Amenities

  • FT Doorman
  • Pre War
  • Roof Deck
  • Elevator
  • Bike Room

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Pros
  • Great location
  • Doorman
  • Catering facilities
  • Elegant and impressive lobby
  • Close to Subway
Cons
  • Most units are relatively small
  • Many units per floor
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Subways

  1. M
  2. E
  3. C
  4. B
  5. D
  6. F
  7. A
at 6th Ave and Waverly Pl 0.23 miles
  1. R
  2. N
at Broadway and 8th Ave 0.28 miles
  1. L
  2. 1
  3. 3
  4. 2
at 6th Ave and 14th 0.28 miles
  1. 4
  2. 5
  3. 6
  4. Q
at Broadway and 14th 0.31 miles
About this Building

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Listing provided courtesy of Barkoff Residential
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