See how you can save approx $200,000 on higher education costs. Details below…
The Quintessential prewar flat with the classic Greenwich Village tree lined view awaits you. The south exposure units here @ 24 5th are always the most highly coveted studio apartments.
See how you can save approx $200,000 on higher education costs. Details below…
The Quintessential prewar flat with the classic Greenwich Village tree lined view awaits you. The south exposure units here @ 24 5th are always the most highly coveted studio apartments.
With over 36 years of experience selling here, Barkoff Residential presents 24 5th Avenue-Apartment#310. First time this flat has been available since 2015.
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 as arguably one of the most desirable central locations in the city. Many New Yorkers refer to this petite area of Greenwich Village as the Gold Coast and for good reason. As you enter the building, you will be welcomed by a combination of an immense grand lobby & excellent staff that is rare to find these days.
Perfect for pied-a-terre or full-time home. NO INVESTORS PERMITTED.
Turnkey! Close and move-in ready!
Apt features incl wd flrs, hi beamed ceiling, two south facing windows w\ a charming tree lined st view & a large walk-in closet.
Kitchen: Stylishly designed with a granite countertop and built-out breakfast nook. Stainless steel appliances include a dishwasher, under the counter, high end convection/microwave oven. Beautiful glass tile backsplash. Please note kitchen is part of the entry area as this building was originally built as the Fifth Avenue Hotel on the site of the Brevoort Mansion.
24 Fifth Avenue is a highly desirable prewar building boasting a grand elegant lobby, 24-hour doorman, full staff of porters, resident superintendent, onsite management, state-of-the-art fitness center, modern laundry room, bike room, and storage. The building now hosts the popular restaurant Claudette (rumored to be re-opening soon) and Forbes Media as its commercial entities. They also serve to greatly enhance the buildings underlying financials.
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 2026 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 $4000 per month ($4200 here @ 24 5th) and that is on the conservative side. Yearly, that equates to $48,000. You multiply that by a four (4) year education program, and you have $192,000. For an extra $246,000, you own it. This formula has been prevalent and enormously successful in my personal experience for many families over my 36 years of sales experience in this building.
Supply & Demand: There are approximately 420 units here @ 24 Fifth Avenue. This is one of only a few studios available for sale here. That is approximately 1% of availability. This is a prolific example of how homeowners @ 24 5th Avenue are reluctant to relinquish their stake in this Classic Prewar building.
Before you contact the broker for questions or access, please note the following important aspects of this offering:
The building is pet friendly.
Parents buying with children, gifting and pied-a-terre’s are permitted.
24 Fifth Avenue is a ground lease (land lease) with expiration in the year 2087.
NO INVESTORS!! Must use the apartment for 3 years before you are able to rent the apartment for 3 out of 5 years.
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.
Pssst: A couple of huge hot spots await you in close proximity, 5 Min walk to Mimi’s on University, and a 10 min walk to L’Industrie pizza on Christophe