24 5th Avenue, Unit 528

24 5th Ave
Greenwich Village

$400,000
Price
Studio
Beds
1
Bath
360 Sq. Ft.
$1,111 / Sq. Ft.
360
Sq. Ft.
$1,111
per Sq. Ft.
a living room with furniture a flat screen tv and a dining table
a view of a room with wooden floor
a living room with furniture a rug and a window
wooden floor in an empty room with a window
a living room with furniture a rug and a wall painting
a view of an empty room with wooden floor and a window
a living room with furniture kitchen view and a window
a view of open kitchen with wooden floor and electronic appliances
wooden floor in an empty room with a window
a kitchen with stainless steel appliances a sink and a microwave
a kitchen with stainless steel appliances granite countertop a sink and a refrigerator
a close view of closet
a bricked building with a street
a city street lined with tall buildings
a car parked in front of a building
a view of a patio with table and chairs potted plants and a large tree
a view of a building and car parked on the roadside
a lobby with gym equipment
a view of a room with gym equipment
a view of gym
a view of a room with gym equipment
a utility room with cabinets
a view of building along with street
a front view of a building with trees

Description

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 a ground lease also known as a land lease with expiration in 2087. There are sixty-three (63) years remaining on the ground lease. No investors permitted! You must use the apartment for three (3) years before you are able to rent the apartment. At that...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 a ground lease also known as a land lease with expiration in 2087. There are sixty-three (63) years remaining on the ground lease. 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. Please note the FURNISHED PICS are not virtually staged, this is actually how the flat looks now thanks to a couple of very stylish tenants. 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 Winter 2025 Semester but the clock is ticking. Math & Statistics working towards home ownership: If you were going to rent a 24-hour full-service doorman studio in the heart of Greenwich village, you would be looking @ approximately anywhere from $3500-$4000 per month. That equates to anywhere from $42,000-$48,000 annually. You multiply that by four (4) years, and you have anywhere from $168,000-$192,000 you have paid for rent with an average of $180,000. For approximately an extra an average of $220,000, you own it! That's if you pay purchase it "All Cash"! This formula has been prevalent & enormously successful 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 the only studio available for sale here as of the date of this posting out of approximately 420 units. This is a prolific example of how homeowners @ 24 5th Avenue are reluctant to relinquish their stake in this Classic Full Service Prewar 24 Hour Doorman Building. Presenting 24 5th Avenue-Apartment#528. 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, arguably 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 fulltime doorman as part of a fully staffed building including porters, on-site property manager(M-F) 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. This flat has been gut renovated and is in turnkey condition. You can close on it and can move right in. Apartment features a quiet exposure with a partial Empire State Building View. Includes hardwood floors, high beamed ceiling, angled windows w/ quiet north/eastern exposure and large walk-in closet. Kitchen: All stainless steel appliances including a dishwasher. 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 which does come with an extra cost albeit a very reasonable $750 per year. Its also boasts one of the most sought after brunch spots downtown, Claudette.

Property Details for 24 5th Avenue, Unit 528

View
City
Architectural Style
Prewar
LISTING UPDATED: 09/06/2024 02:15 PM

Property Details for 24 5th Avenue, Unit 528

StatusActive
MLS IDOLRS-2100747
Days on Market16
Taxes-
Maintenance$1,129 / 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

Building Information for 24 5th Avenue, Unit 528

Building/Complex24 5th AveFloor5Stories21Residences420Pet PolicyAllowedYear Built1926Building AgePre-warBuilding TypeHighrise

Property Information for 24 5th Avenue, Unit 528

Summary
Location and General Information
  • Subdivision Name: Greenwich Village
  • Cross Street: East 9th Street/East 10th Street
  • Stories Total: 21
  • Exposures: North, East
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: $60,939
  • Building Tax Lot: 43
  • Tax Monthly Amount: 0.0
  • Tax Abatement YN: false
Parking
  • Garage: No
Property
Lot Information
  • Living Area: 360.0
  • 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: 632
  • New Construction: No
  • Structure Type: HighRise
  • Property Condition: Good
Interior and Exterior Features
Exterior Features
  • Window Features: NewWindows
Interior Features
  • Cooling: WindowUnits
  • Kitchen Condition: Good
  • Floor Number: 5
  • Cooling: Yes
  • ElevatorsTotal: 5
  • Closets Total: 0
Multi Family
Multi-Family Information
  • Unit Line: 28
  • 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 528

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 528

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.

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More information about 24 5th Avenue, Unit 528, Greenwich Village

24 5th Avenue, Unit 528 is a co-op for sale in Greenwich Village. This property was listed for sale on September 4, 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 528 is a 0-bed, 1-bath, 360 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. Offers of compensation are subject to change at the discretion of the seller. 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.