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24 Fifth Avenue #931
Coop in Greenwich Village •  building info
studio • 1ba • 342ft² $1,243 per ft²
Sold price

$425,000

Key Details
Days on market
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Last price change
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Estimated payment
$3,105/mo
Taxes
Included in maintenance fees
Maintenance
$1,085/mo
Description
The rarest and one of the most coveted studio lines @ 24 Fifth Avenue has arrived for those discerning types. Presenting 24 5th Ave-Apt#931. The 31 line is the exclusive studio line facing west @ 24 5th Immerse yourself in this brilliant & unparalleled western exposure from this sundrenched studio. You will find breathtaking views of the west village & Hudson Yards, not to mention the historic Jefferson Market Clock Tower. Rarely available and will be quickly scooped up by the savvy New York City buyer. Before you respond to this offering, please read the details carefully. My firm focuses on an education platform regarding 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: 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 for a 4 yr degree, and you have $168,000 in rent paid. For an extra $257,000 you own it. This formula has been prevalent & enormously successful for many families over my 33 years of sales experience in this 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 in the most esteemed Gold Coast location. Owners of these units rarely relinquish their rights to them. The apartment itself is totally renovated. Kitchen: Windowed with the View and stainless-steel appliances. Bathroom: Has a cast iron soaking tub. Other features include hardwood floors, high beamed ceiling, and two walk in closets. 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.

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Important Stuff
Elevator
Full Time Doorman
Cats and Dogs allowed
Policies
Gifts Allowed
Sublets Allowed
Gaurantor Permitted
Co-purchase Allowed
Parents Buying Allowed
Pied-a-Terre Allowed
Unit features
Hardwood floors
Storage Available
View

City, Skyline

Building amenities
Services and facilities
Bike Room
Concierge
Fios Available
Land Lease
Laundry in Building
Live In Super
Parking

Valet

Wellness and recreation
Gym
Building info

History
What it'll cost
Purchase price
$410,000
Asking Price: $410,000
Term
30 Years
Down Payment
$82,000 (20%)
Min: 20% (82,000)
Rate
6.25 %
Mortgage Amount
$328,000
Mortgage Payment
$2,020
Maintenance
$1,085
Estimated closing cost
$7,000
Total monthly cost $3,105
Listing Courtesy of Barkoff Residential Inc

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