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24 Fifth Avenue, #712

Listing no longer available on CityRealty as of Oct 25, 2024
It previously was on the market for a total of 164 days.
Last Sold on Oct 24, 2024 for $370,000
Studio, 1 bath | Approx. 375 ft2
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  • Buyers
  • James P O'halloran
  • Ellen M Raphael-o'halloran
  • Sellers
  • Mercedes De Oteyza De Felguerez
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8 apartments are currently available in this building.
164 days on Market

Pricing History

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Key Details

  • Listed: May 14, 2024
    Last Price Change: ($15,000) on Jul 8
    Days on Market: 164
    Building Type: Cooperative
    Neighborhood: Greenwich Village (Manhattan)
    Doorman: FT Doorman
    Listing viewed 358 times
Monthly Maintenance: $1,225 ($3.27/ft2)
Est. Monthly Mortgage: -
Total Est. Monthly Carrying Cost: $3,270 ($8.72/ft2)
Note: the above is based on a down payment of 20% ($77,000), which is the minimum amount permitted by the building.

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 starts @ $800

This flat is priced to sell, and we expect heavy interest. If you have a genuine interest, please contact me right away.

Your opportunity to own a lovely prewar home in the heart of classic Greenwich Village & just steps to the Washington Square Arch is now.

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About 24 Fifth Avenue

79

24 Fifth Avenue has received a CityRealty Rating of 79, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

26
Out of 44
+
28
Out of 36
+
16
Out of 39
+
9
=
79
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Distinguished 6 out of 8 points
Retail Quality:
High-End 5 out of 5 points
Canopy Entrance:
Dramatic 3 out of 3 points
Alterations:
Well Done 1 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
Yes and Good 2 out of 3 points
Skyline:
Exists 1 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Enclosed 1 out of 2 points
Airconditioners:
Discrete 1 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
None 0 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
Part of Historic District 1 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Very Attractive with Trees 4 out of 5 points
Distance To Neighborhood Center:
Less than 10 blocks 5 out of 5 points
Views:
Open 2 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Some 2 out of 3 points
Protected Views:
Only Top Floors 1 out of 2 points
Distance To Subway:
3-5 Short Blocks 1 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
Less than 3 Short Blocks 2 out of 2 points
Distance To Park:
Less Than 3 Short Blocks 2 out of 2 points
Distance To Water:
More than 6 Short Blocks 0 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Spacious 4 out of 5 points
Units Per Floor:
5-9 2 out of 5 points
Ceiling:
8-9 Feet 1 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Minimal 1 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
Some 1 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
Yes 1 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
Some 1 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
Yes 1 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Some 1 out of 2 points

Building Amenities

  • Concierge
  • FT Doorman
  • Pre War
  • Resident Storage
  • Rooftop Terrace
  • Elevator
  • Fitness Center
  • Laundry Room
  • Bike Room
  • Live-In Superintendent

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