OFF MARKET

24 5th #804

NewYork, Greenwich Village, New York City, NY

Asking

$479,000

BTC

4.864

ETH

143.69

Baths
1
Home Size
375 sq. ft.
Year Built
1926
The most coveted type of studio @ 24 Fifth Avenue has arrived for those discerning types. Presenting 24 5th Ave-Apt#804 as part of its Spring 2023 Portfolio. Immerse yourself in brilliant southern exposure sunshine from this sundrenched studio. You will find breathtaking views of the Freedom Tower and Greenwich Village. Rarely available and will be quickly scooped up by the savvy New York City buyer just as #504 was recently.

Before you respond to this offering, please read the details carefully. My firm focuses on an education platform first with regard to 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: Plenty of time to complete a family purchase of this home and be there for the start of the Fall 2023 Semester but the clock is ticking...

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, and you have $168,000. For an extra $311,000, you own it. This formula has been prevalent & enormously successful for many families over my 33 years of sales experience in this building.

This is the only studio available in this building at this time and there are approximately 421 units in the 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 located in the most esteemed gold coast location. Currently the one of only two apt's available for sale out of this 421-unit building. Owners of these units rarely relinquish their rights to them.

The apartment itself is in great condition, including a renovated kitchen with stainless steel appliances, D/W and a kitchen bar. Spectacular views including the Freedom tower and Greenwich Village. Other features include hardwood floors, high beamed ceiling and a large WIC.

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.

LOADING

Location

Market Area
NewYork
Neighborhood
Greenwich Village

Agent

Ken Barkoff

+1 310 910 1722

Contact Email

[email protected]