141 5TH Avenue #4AB
About This Property
The grand scale primary bedroom is pin-drop quiet with an enormous and well-appointed walk-in closet. The en-suite marble master bath is luxuriously outfitted with double sinks, a Waterworks soaking tub, and a separate oversized shower stall. The two guest rooms enjoy abundant privacy, large closets and elegant bathrooms.
The custom kitchen is every gourmet's dream, outfitted with a six-burner Wolf range, vented hood, Subzero refrigerator, Bosch dishwasher, two wine fridges, and a built-in Miele coffee system. An expansive marble-topped island and custom cabinetry complete the kitchen's luxurious design. The unit also comes with a full-sized stacked Miele washer and dryer, custom closets, and designer lighting throughout.
This Beaux Arts building, formerly home to the Merchants Bank of New York, was restored to its former glory in 2007 and converted to luxury lofts with exceptional finishes. 141 Fifth Avenue is a boutique condominium-an architectural gem-with a 24-hour doorman and a furnished roof deck. This is a terrific opportunity to have space and style in middle of it all.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Oct 11, 2023 | Listed by Corcoran Group | $5,950,000 | |
Listed by Corcoran Group | |||
Jul 1, 2022 | Withdrawn | - | |
Withdrawn | |||
May 10, 2022 | Listed | $6,825,000 | |
Listed | |||
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Grand and glorious 3 bedroom loft on Fifth Avenue is at the center
of the Ladies' Mile Historic District. This sprawling triple mint
home has almost 45 feet of uninterrupted frontage over Fifth Avenue
and 10 foot beamed ceilings along with gorgeous interior design by
Samuel Amoia! Customized millwork throughout the loft includes
built-in shelving and media cabinet in the living room as well as
window benches along the entire living/dining area.
The grand scale primary bedroom has an…
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
04/26/2022
|
3 Bed
|
3 Bath
|
1819 ft²
|
$4,000,000
3 Bed
3 Bath
1819 ft²
|
$3,600,000
-10.00%
01/31/2023
|
-
|
Michelle Levine
Compass
|
|
07/29/2020
|
2 Bed
|
3 Bath
|
1766 ft²
|
$4,250,000
2 Bed
3 Bath
1766 ft²
|
$3,700,000
-12.94%
04/30/2021
|
-
|
Dana Power
Corcoran Group
|
|
09/14/2018
|
2 Bed
|
3 Bath
|
1819 ft²
|
$4,500,000
2 Bed
3 Bath
1819 ft²
|
$3,950,000
-12.22%
02/13/2019
|
-
|
Mara Blum
Sothebys International Realty
|
|
05/30/2018
|
|
2 Bed
|
2.5 Bath
|
-
|
-
2 Bed
2.5 Bath
|
-
-
|
-
|
-
|
11/21/2017
|
1 Bed
|
1 Bath
|
-
|
$1,795,000
1 Bed
1 Bath
|
$1,795,000
11/21/2018
|
-
|
Emily Beare
Core Long Island LLC
|
|
02/04/2016
|
2 Bed
|
2.5 Bath
|
1791 ft²
|
$3,850,000
2 Bed
2.5 Bath
1791 ft²
|
$3,850,000
02/05/2021
|
-
|
Cathy Taub
Sothebys International Realty
|
|
11/20/2015
|
4 Bed
|
3 Bath
|
2185 ft²
|
$4,900,000
4 Bed
3 Bath
2185 ft²
|
$4,900,000
04/10/2017
|
-
|
Lydia Sussek
Elliman
|
|
05/13/2015
|
3 Bed
|
3 Bath
|
1819 ft²
|
$4,500,000
3 Bed
3 Bath
1819 ft²
|
$4,500,000
09/14/2015
|
-
|
Joshua Rubin
Douglas Elliman Real Estate
|
|
01/12/2015
|
4 Bed
|
3.5 Bath
|
2925 ft²
|
-
4 Bed
3.5 Bath
2925 ft²
|
$7,500,000
02/05/2021
|
-
|
Emily Beare
Core Long Island LLC
|
|
11/15/2013
|
2 Bed
|
2.5 Bath
|
1766 ft²
|
$4,500,000
2 Bed
2.5 Bath
1766 ft²
|
$4,500,000
02/05/2021
|
-
|
Emily Beare
Core Long Island LLC
|
|
04/24/2013
|
3 Bed
|
3 Bath
|
3000 ft²
|
$5,600,000
3 Bed
3 Bath
3000 ft²
|
-
-
|
-
|
Patricia Vance
Prudential Douglas Elliman Real Estate
|
|
11/29/2012
|
1 Bed
|
1 Bath
|
-
|
$1,795,000
1 Bed
1 Bath
|
$1,795,000
02/05/2021
|
-
|
Emily Beare
Core Long Island LLC
|
|
09/26/2012
|
3 Bed
|
3 Bath
|
3000 ft²
|
$5,800,000
3 Bed
3 Bath
3000 ft²
|
-
-
|
-
|
Tristan Andrews
Douglas Elliman Real Estate
|
|
04/05/2012
|
2 Bed
|
2 Bath
|
1759 ft²
|
$3,499,000
2 Bed
2 Bath
1759 ft²
|
$3,300,000
-5.69%
10/15/2013
|
-
|
Jason Cunningham
Douglas Elliman Real Estate
|