5th Ave Loft Corp

5th Ave Loft Corp is a Co-op located 140 5th Avenue, in Flatiron District, New York. The building was first built in 1901 and is 123 years old. It was first renovated and altered in 2010. The official lot area is listed as 1,626 square feet. In total, 140 5th Avenue has a total floor area of 42,845 square feet. Of that, 38,533 square feet are used for residential purposes. About 4,312 square feet of the building are used for commercial purposes. There are a total of 27 units. Of those, 21 are residential units. There are six commercial units. 140 5th Avenue has a total of 12 floors. Thankfully, the building is equipped with elevator service.

Interested in learning more about the building? Great news, subletting is currently allowed, which makes this a great opportunity for folks who just want a secondary home or make some passive rental income. There are many great amenities and features for residents in the building. For your convenience, laundry is located in the building. Residents who own pets will be happy to hear that the building is pet-friendly. There are 150 closings on record, of which we have matching data for 1 listings. In the past 3 years, a listing in this building will typically remain on the market for about 213 days The transaction that took the longest to complete was unit 5A, listed on Aug 03, 2015 for $1,585,000. This particular unit ultimately sold 213 days later for $1,585,000. The most recent transaction was for unit 10A, sold for $647,000 on Feb 06, 2024. Fun fact, the oldest transaction we have on record took place on Jan 26, 1994. See the full transaction history for 5th Ave Loft Corp below.

Flatiron District, where 140 5th Avenue is located, has a median asking price of $750,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $1,585,000. For interested buyers, that means the building's median asking price is around 1.11% above the neighborhood's median asking price for co-ops. A buyer may therefore end up paying more for a unit in this building compared to other co-op buildings in the neighborhood.

There is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $2,495,000. It is a 2-bedroom and 2-bathroom unit.