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372 Fifth Avenue

At The Northwest corner of West 35th Street

Key Details

  • Year Built 1928
    Converted Year 1981
    Building Type Cooperative
    Neighborhood Midtown West
  • Total Apartments 118
    Total Floors 11
    Doorman FT Doorman
$831
Avg. Price / ft2
$59
Avg. Price / ft2
$912
Avg. Price / ft2

Rating

22
Out of 44

Architecture Rating: 22 / 44

+
21
Out of 36

Location Rating: 21 / 36

+
12
Out of 39

Features Rating: 12 / 39

+
8
=
63

CityRealty Rating Reference

 
Architecture
  • 30+ remarkable
  • 20-29 distinguished
  • 11-19 average
  • < 11 below average
 
Location
  • 27+ remarkable
  • 18-26 distinguished
  • 9-17 average
  • < 9 below average
 
Features
  • 22+ remarkable
  • 16-21 distinguished
  • 9-15 average
  • < 9 below average
  • #27 Rated co-op - Midtown West
 

Description

This 11-story cooperative apartment building at 372 Fifth Avenue traces its history to 1910 when it was erected as a six-story flagship store for Best & Co.

In 1929, Best & Co. expanded it by three floors and added a 12-story annex at 7 West 35th Street and eventually two more floors were added to the main building when the building was converted by Ganbir Limited to a cooperative apartment building in 1981. Gambir had acquired it in 1978 from the Bowery Savings Bank for $1,050,000.

According to an article by William G. Blair in the June 27, 1981 edition of The New York Times, the building had 14 apartments, a floor on the second through the ninth floors, nine of them studios, four-one-bedroom units and one two-bedroom apartment. Prices of typical apartments on the third, fourth and fifth floors will range from $49,600 and a monthly maintenance of $360 for a studio to $142,500 and a month maintenance of $1,034 for a two-bedroom unit....The 10th and 11th floors will contain eight duplex apartments, two one-bedroom apartments and three each of two-bedroom and three-bedroom units, all with terraces on the tenth floor. The penthouse duplexes will range in price from $160,000 to $260,000."

The building now contains 113 apartments. Most of the apartments have high ceilings.

Best & Co. was founded in 1879 by Albert Best and for 20 years it operated on the southeast corner of 23rd Street and Sixth Avenue on Ladies' Mile, the city's elegant shopping district. The store was widely known as "The Lilliputian Bazaar" and was an upscale store specializing in children's wear and ladies' apparel.

In 1910, the company moved to a new limestone-clad building at 372 Fifth Avenue as a children's department store in the city's new elegant shopping district that included B. Altman's on the northeast corner of Fifth Avenue at 34th Street, Lord & Taylor on the northwest corner at 38th Street, and W. & J. Sloane on the southwest corner at 38th Street at Fifth Avenue.

In 1947, Best & Co. took over the former Union Club building on the northeast corner of Fifth Avenue and 51st Street and leased its 35th Street site to Bond Stores which hired Morris Lapidus to redesign the interiors. Bond remained at the site until the mid-1970s.

The building now has a roofdeck, 24-hour doorman, and laundry rooms on each floor.

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Building Amenities

  • FT Doorman
  • Hi Rise
  • Pre War
  • Roof Deck
  • Washer/Dryer in building
  • Elevator
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Apartments for Sale at 372 Fifth Avenue (3)

3
Available Apts
$599K - $1.9M
Price Range
$831
Avg. Price / ft2
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Apartments for Rent at 372 Fifth Avenue (2)

2
Available Apts
$3,800
Prices Start At
$59
Avg. Price / ft2
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Carter Horsley's Review

Carter Horsley's Building Review
"This 11-story cooperative apartment building at 372 Fifth Avenue traces its history to 1910 when it was erected as a six-story flagship store for Best & Co.
In 1929, Best & Co. expanded it by three floors and added a 12-story annex at 7 West 35th Street and eventually two more floors were added to the main building when the building was converted by Ganbir Limited to a cooperative apartment building in 1981. Gambir had acquired it in 1978 from the Bowery Savings Bank for $1,050,000." Read Carter's Full Review
Pros
  • Former Best & Co. building
  • One block north of the Empire State building
  • Roofdeck
  • Laundry rooms on every floor
  • High ceilings
  • 24-hour doorman
  • Close to Subway
Cons
  • No balconies
  • No sidewalk landscaping
  • No health club
  • Many apartments
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More Neighborhood Info

Subways

  1. Q
  2. N
  3. R
  4. M
  5. B
  6. D
  7. F
at Broadway and 35th 0.19 miles
  1. 6
at Park Ave 0.26 miles
  1. 7
at 5th-6th Aves and 42nd 0.32 miles
  1. 4
  2. 5
at Madison Ave and 42nd 0.35 miles
  1. 3
  2. 2
  3. 1
at 7th Ave 0.36 miles
  1. A
  2. C
  3. E
  4. S
at Broadway and 40th 0.38 miles
 

Sales Summary - Past 12 Months

View By Apartment Sizes
Past 12 Months
$736,857
Avg. Price
Based on 7 Sales
 

Closing History - Last 10 sales

View All Closed Transactions
10
Units Sold
$425K - $955K
Price Range
$892
Avg. Price / ft2

Pricing Comparison of Similar Buildings

View Detailed Comparison

In The Neighborhood: What’s Available & Sales Stats

Not enough data available to generate chart.
  • 817 Available for Sale
  • $2,062 Avg. Price / Ft2
  • $3,560,305 Avg. Price
  • $1,545,000 Median Price
  1. Most Expensive Atelier Apt 45FL | $85,000,000
    Price / ft2 $5,667
  2. Least Expensive Carnegie House Apt 4B | $284,000
    Price / ft2 $437
Not enough data available to generate chart.
  • 455 Available for Rent
  • $80 Avg. Price / Ft2
  • $7,583 Avg. Price
  • $5,200 Median Price
  1. Most Expensive One57 Apt 80 | $125,000
    Price / ft2 $240
  2. Least Expensive The Summersoy Apt 4E | $2,100
Data is based on sales from past 12 months and only transactions for which we have approximate square footage information available are included above
Not enough data available to generate chart.
  • 591 Total Sales
  • $1,805 Avg. Price / Ft2
  • $2,670,463 Avg. Price
  • $1,125,000 Median Price
  1. Most Expensive 220 Central Park South Apt 50 | $239,958,219
    Price / ft2 $10,420
  2. Least Expensive The Whitby Apt 301 | $155,000

Alternate Addresses

  • 1 West 35th Street
  • 372 East 5 Street

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