284 5th Ave #7B

Co-op in NoMad
Active
 for Sale at 284 5th Avenue, New York, NY 10001

6

 for Sale at 284 5th Avenue, New York, NY 10001
 for Sale at 284 5th Avenue, New York, NY 10001
 for Sale at 284 5th Avenue, New York, NY 10001
$535,000
Stu
1
Bath
Half Bath
Ft²
$/ft²
Acres
Cap Rate
Est. Monthly
Cap Rate
5.57%
Est. Monthly
$4,038
*Deal Fell Through*

This is a unique opportunity to own in the historic landmarked Wilbraham building. Residence 7B is an elegantly proportioned, renovated studio, boasting 10-foot ceilings and generous width, making for a great flow and spaciousness. Enter into a kitchen/dining area, from which three large walk-in closets flow. The custom efficiency kitchen, designed by Solveig Fernlund, has a Gaggenau cooktop, under counter stainless steel refrigerator/freezer, stainless steel countertop, and custom cabinetry with soft-close drawers, cut-out pulls, and chic multi-ply edged framing.

The bedroom/living area has a handsome decorative corner fireplace with marble surround and a dentil-banded mantel. A large sash window looks over to the ornately-carved...

Building Features

Building Style

Designated LandmarkPrewar

Facilities

Storage AvailableLaundry Room

Ownership & Occupancy

Pied-à-Terre AllowedSublets Allowed

Pet Policy

Dogs Allowed / Cats Allowed

Home Features

HVAC

Central A/C

Interior

Decorative Fireplace

Laundry

Washer / Dryer Allowed in Unit

View

City View

Price History

Date/EventEventPrice
Feb 14, 2023 RelistedRelisted$535,000
Feb 4, 2023 In contractIn contract-
Dec 3, 2022 Listed by CompassListed by Compass$525,000
Dec 1, 2022 No longer availableNo longer available-
Nov 23, 2022 Price DecreasedPrice Decreased$565,000 $34K (5.7%)
May 18, 2022 Price DecreasedPrice Decreased$599,000 $36K (5.7%)
Apr 18, 2022 Price DecreasedPrice Decreased$635,000 $50K (7.3%)
Feb 5, 2022 Listed by Douglas Elliman Real EstateListed by Douglas Elliman Real Estate$685,000
Jan 26, 2022 SoldSold$535,000
Oct 14, 2021 In contractIn contract-
Sep 29, 2021 Price IncreasedPrice Increased$535,000 $86K (19.2%)
Sep 28, 2021 Listed by CompassListed by Compass$449,000
Dec 25, 2020 No longer availableNo longer available-
Apr 1, 2020 Price DecreasedPrice Decreased$595,000 $5K (0.8%)
Jul 18, 2019 Price IncreasedPrice Increased$600,000 $151K (33.6%)
Jan 10, 2014 SoldSold$449,000

Property Analysis

Cap Rate Analysis

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
IncomePer Year
$46,740
ExpensesPer Year
$16,932
Operating ProfitPer Year
$29,808
Cap rate
5.57%

Price Estimate

$631,000$540,350$449,700
20222023202420252026
Current Asking Price

$535,000

HopScore Market Price

$540,350

The current asking price is $5,350 below the HopScore market price.

Comparables

Unit
Status
TypeBedsBathsft²
Price/ft²
Price
Common Charges
Sold
Coop
Stu
-
$480,000
$971/mo
Sold
Coop
Stu
1
-
$449,000
$1,403/mo
Sold
Coop
Stu
1
-
$540,000
$1,364/mo
Sold
Coop
Stu
1
-
$469,000
$1,552/mo
Sold
Coop
Stu
1
600 ft²
$833/ft²
$499,900
$1,333/mo

Payment Calculator


Building Info

The Wilbraham284 5th Avenue, New York, NY 10001
  • 41 Units
  • 2 Units for Sale
More about this Building
284 5th Avenue
Want to find out who owns 284 5th Avenue, New York, NY 10001? Get detailed property transactions here .

Neighborhood

About NoMad

Stats & Trends

The median asking price in NoMad is $1,250,000.
  • Median Asking

    $1,250,000
  • Sale Price/ft²

    $1,588.38
  • Above Asking

    0.22%
  • Days on Market

    120

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Sales History

UnitBedsBathsft²Asking
Common Charges
Listed
Listing Status
Closed
Days on Market
Closing
Above/Below Asking
Buyer(s)
Stu
1
-
$525,000
-/mo
Dec 3, 2022
Active
-
-
-
-
1
1
950
$1,200,000
-/mo
Nov 28, 2022
Withdrawn
-
-
-
-
-
Stu
1
-
$525,000
-/mo
Jun 13, 2022
Withdrawn
-
-
-
-
-
Stu
1
-
$540,000
$1,364/mo
May 18, 2022
Sold
Sep 30, 2022
135 days
$551,500
+2.13%
Stu
1
-
$549,000
-/mo
May 13, 2022
Withdrawn
-
-
-
-
-
Stu
1
-
$599,999
-/mo
Mar 24, 2022
Withdrawn
-
-
-
-
-
Stu
1
-
$449,000
$1,403/mo
Sep 28, 2021
Sold
Jan 26, 2022
120 days
$535,000
+19.15%
Stu
1
-
-
-/mo
Jul 12, 2021
Withdrawn
-
-
-
-
-
Stu
1
-
$579,000
-/mo
May 21, 2021
Withdrawn
-
-
-
-
-
3
3
-
$3,595,000
$5,500/mo
Apr 1, 2021
Sold
Nov 8, 2021
221 days
$3,050,000
-15.16%

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Unit #7B, 284 5th Avenue, New York, NY 10001


Frequently Asked Questions

What is the median home price in Midtown Manhattan?
The median home price in Midtown Manhattan is $1,650,000, or $1,712/sqft. When you buy a home in Midtown Manhattan, you can expect to pay between $821,250 to $3,495,000. These figures may differ depending on the location, type, and size of the property.
What is the median home price for a Studio in Midtown Manhattan?
The median home price for a studio in Midtown Manhattan is $549,000, or $1,246/sqft.
What is the median home price for a One-Bedroom in Midtown Manhattan?
The median home price for a one-bedroom home in Midtown Manhattan is $895,000, or $1,438/sqft.
What is the median home price for a Two-Bedroom in Midtown Manhattan?
The median home price for a two-bedroom home in Midtown Manhattan is $2,250,000, or $1,746/sqft.
What is the median home price for a Three-Bedroom in Midtown Manhattan?
The median home price for a three-bedroom home in Midtown Manhattan is $4,395,000, or $2,087/sqft.
What is the median home price for a Four+ Bedroom in Midtown Manhattan?
The median home price for a four+ bedroom home in Midtown Manhattan is $8,492,500, or $2,500/sqft.
What is the breakdown of listings by bedroom count in Midtown Manhattan?
There are currently 2,402 available properties for sale in Midtown Manhattan. Of those, 12.61% are studio listings, 30.85% are one-bedroom listings, 32.14% are two-bedroom listings, 15.65% are three-bedroom listings, and 8.74% are four+ bedroom listings.
What is the breakdown of listings by property type in Midtown Manhattan?
There are currently 1,407 condos, 4 houses, 34 townhouses, and 24 multifamilies located in Midtown Manhattan. Our inventory of available listings is constantly being updated so be sure to check back frequently.
What is the least expensive property sold in the past 12 months in Midtown Manhattan?
The least expensive property sold in Midtown Manhattan for $12,000.
Now, what is the most expensive property sold in the past 12 months in Midtown Manhattan?
The most expensive property sold in Midtown Manhattan for $90,000,000.
How long on average are properties in Midtown Manhattan on the market?
Based on our collected data, properties in Midtown Manhattan are on the market for a median time of 121 days.

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