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24 5th Avenue #712, New York, NY 10011
$400,000
24 5th Avenue #712, New York, NY 10011View this property at 24 5th Avenue #712, New York, NY 10011
24 5th Avenue #712New YorkNY10011
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Property Description
Welcome to the Manhattan home of the illustrious late owner Manuel Felguérez. Manuel was a famed abstract artist and sculptor. His work is on display in the form of a large mural at United Nations and he has own museum in Mexico among an extensive list of other prominent accolades. Here is the best part, Manuel designed and built the loft bed in this flat and you will have the opportunity to keep it as part of the sale. Let's stay on this historical track as you become one with this classic prewar world as first envisioned by the renowned architectural team of Emery Roth & Sons back circa 1924. 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 on a ground lease also known as a land lease with expiration in the year 2087. ***There are sixty-three (63) years remaining on the ground lease. ***NO INVESTORS PERMITTED!!! You must utilize the apartment for either part-time or full-time use for three (3) years before you will be 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. ***This flat has just gone through an extensive cosmetic renovation including painting, plastering, tub reglazed, new countertop and lots of new light fixtures 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 2024 Semester but the clock is ticking... Math & Statistics working towards home ownership: If you were going to rent a 24-hour full-service door attendant studio in the heart of Greenwich village, you would be looking @ approximately $3500 per month and that is on the conservative side. Yearly, that equates to $42,000. You multiply that by four (4) years, and you have $168,000. For an extra $257,000, you own it. This formula has been prevalent & enormously successful in my personal experience 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 one of only a few studios available for sale here. That is approximately 1% availability. This is a prolific example of how homeowners @ 24 5th Avenue are reluctant to relinquish their stake in this Classic Prewar building. Presenting 24 5th Avenue-Apartment#712. 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, 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 full-time door attendant as part of a fully staffed building including porters, property manager 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. The apartment features a quiet northern exposure, hardwood floors, high beamed ceiling, and a large walk-in closet 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. The equipment is top quality. Membership is for residents only and a one-year membership start
Full Property Details
Full Property Details for 24 5th Ave #712
General
- Price: $400,000
- HOA FEE: $1,225/month
- Status: Active
- Type: Apartment
- MLS ID: OLRS-2087556
- Updated: 5/21/2024
- Added to Site: 19 day(s) ago
Interior
- Number of Rooms: 2
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Other Rooms
- Laundry: Common Area
Exterior
- Exterior Features: Building Storage
Location
- County: NewYork
- Subdivision: Greenwich Village
- Cross Streets: East 9th Street/East 10th Street
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Window Unit(s)
Structural Information
- Architectural Style: Prewar
- Structure Type: High Rise
- Windows: New Windows
- Stories/Levels: 21
- Square Feet: 375
- Living Area: 375 Sq. Ft.
- Year Built: 1926
Lot Features
- Land Lease Avail: Yes
Financial Considerations
- Association Fee: $1,225
- Assoc Fee Freq.: Monthly
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Special Conditions: Standard
- Block: 573
- Lot Number: 43
Listing Courtesy of Barkoff Residential Inc
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Schools
Schools serving 24 5th Ave #712
School District:New York City Geographic District # 2
Rating | Name | Grades | Distance |
---|---|---|---|
116 W 11th St, New York, NY 10011 | PK-5 | 0.2 mi | |
The 47 American Sign Language and English- Lower School
223 E 23rd St, New York, NY 10010 | PK-8 | 0.8 mi | |
10 E 15th St, New York, NY 10003 | 6-12 | 0.3 mi | |
75 Morton St, Manhattan, NY 10014 | 6-8 | 0.6 mi | |
26 Broadway, New York, NY 10004 | 6-8 | 2.1 mi | |
333 W 17th St, New York, NY 10011 | 9-12 | 0.7 mi | |
333 W 17th St, New York, NY 10011 | 9-12 | 0.7 mi | |
320 E 96th St, New York, NY 10128 | 9-12 | 4.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 24 5th Ave #712
Date
Details
Price
Change
Source
5/21/2024
Price Reduced
$400,000
-5.88%
MLS
5/13/2024
Listed
$425,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 24 5th Ave #712
Year
Property Taxes
Change
Tax Assessment
Change
2023
100%
100%
2022
100%
100%
2021
100%
100%
2020
—
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 24 5th Ave #712
24 5th Avenue #712, New York, NY 10011 (MLS# OLRS-2087556) is a Apartment property with 0 bedrooms and 1 full bathroom. 24 5th Avenue #712 is currently listed for $400,000 and was received on May 13, 2024. Want to learn more about 24 5th Avenue #712? Do you have questions about finding other Apartment real estate for sale in New York? You can browse all New York real estate or contact a Coldwell Banker agent to request more information.