372 5th Ave APT 6C, New York, NY 10018

Studio, 1 bath
Sold: $580,000
Sold on 03/07/14
Zestimate®: $581,305
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Newly renovated luxury loft with many custom features.Living and Dining Room: Three crystal chandeliers along with a lighted ceiling fan flood light into the unit during evening hours. Arched 14 detailed stucco ceilings. Broad layout. New bamboo floors throughout. Lots of light from south-facing 8 by 8 window with a prime view of the Empire State Building and brand new extra wide granite windowsill and LED accent lighting.Kitchen: Beautifully remodeled chefs California kitchen, with granite floors, high end stainless steel appliances, seamless granite countertops, contemporary solid hardwood cabinets with leather wrapped handles, hand-picked glass accents and backsplash, extra deep sink with built in water filtration, and open walls with high end lighting and glass and stone accents.Breakfast Area: Granite breakfast bar. Built in granite and glass liquor/display cabinet with advanced lighting.Bathroom: Custom granite, and bluestone bathroom, with a glass ceiling, a double-wide shower with river-rock floor, a rainfall shower with Jacuzzi massage heads, high end vanity and fixtures, fine accents and elements in chrome, glass and stone.Hallway: Bamboo flooring, contemporary artistic trim and recessed lighting adorn every area of this apartment. Very large California closets line the hallway, with their own recessed lighting and a steel storage and hanging rack system. The staircase leading up to the sleeping loft is also made with bamboo steps and granite risers and includes its own lightingThe Loft: The upstairs is laid out in a contrasting bamboo to the downstairs and staircase, with an opening overlooking the living room. A large second closet with its own lighting is available upstairs, off of the sleeping area. The Building: The building includes a spectacular roof deck with high-end outdoor furniture and breathtaking views of the entire New York skyline and a particularly stunning view of the Empire State Building and midtown generally. There is a high end lobby with a 24 hour doorman/concierge, a laundry room on each floor, a bike room, a storage room, a live in super, package handling and dry cleaning storage. Liberal co-op board, which allows guarantors, pied-a-terres, co-purchasing or full time residence. Ideal location for transportation, with easy walks to the N, Q, R, B, D, F, M, 6, 1, 2, 3, A, C, E and PATH Trains, Penn Station, Grand Central Terminal and the Port Authority Bus Terminal.Very liberal sublet policy, allowing unlimited rental after 2 years of ownership.Offers subject to 3% Buyer-side broker commission considered. Showings by appointment only. 212-380-6939alexander@paykinlaw.net  MoreLess
 
Facts
  • Cooperative
  • Built in 1920
  • Last sold: Mar 2014 for $580,000
Features
  • Doorman
  • Elevator
Construction
  • Unit count: 123
Other
  • Parcel #: 0837004000372000000006C
  • Zillow Home ID: 89219277
Home Values
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$581,305
+$0 Last 30 daysd
$482K
$669K
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$4,343/mo
+$1,069 Last 30 daysd
$1.8K
$8.7K
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Neighborhood for 372 5th Avenue APT 6C

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Zillow predicts New York home values will increase 1.8% next year, compared to a 0.1% increase for New York Metro as a whole.

Foreclosures will be a factor impacting home values in the next several years. In the New York market, the number of foreclosures waiting to be sold dropped 1.1% in the last year. The number of unsold foreclosures is 80% less than in New York Metro, and 97% less than the national average. This lower local number could help New York home values rise more quickly than other regions in New York Metro.

Learn more about forecast calculations or New York home values.
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