
6
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448 W 37th Street #5F
About This Property
Bring your architect and design your dream loft, or start using this unique space as your studio right away.
With soaring ceilings, south-facing windows, and an open floor plan, this loft is perfect for an artist or photographer seeking a versatile and inspiring environment.
The Glass Farmhouse, a mixed-use building (floor by floor) built in 1915, is one of the last remaining buildings in NYC to offer true loft living.
The neighborhood boasts a diverse range of local restaurants, shopping venues, and attractions. Residents can enjoy convenient access to Whole Foods and Brooklyn Fare Market, as well as iconic spots like The High Line and Hudson Yards.
With Moynihan Train Hall and multiple subway and bus lines nearby, the area offers seamless commuting and travel options throughout the city.
Please note: The entrance to 5F is located at 438 West 37th Street, the building's alternate entrance.
The low common charges include an assessment.
Listed By
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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%.
How much can I actually make?
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 |
---|---|---|---|
Feb 4, 2025 | Price Decreased |
$1,328,000
↓ $100K
(7%) | |
Price Decreased | |||
Dec 16, 2024 | Listed by Compass | $1,428,000 | |
Listed by Compass |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
07/22/2024
|
2 Bed
|
2 Bath
|
1894 ft²
|
$1,895,000
2 Bed
2 Bath
1894 ft²
|
$1,800,000
-5.01%
12/23/2024
|
-
|
Adam Bokunewicz
KWNYC Midtown
| |
03/03/2024
|
2 Bed
|
1 Bath
|
1211 ft²
|
$1,250,000
2 Bed
1 Bath
1211 ft²
|
$1,255,000
+0.40%
07/30/2024
|
-
|
Ivana Tagliamonte
Compass
| |
02/26/2024
|
2 Bed
|
2 Bath
|
2799 ft²
|
$2,995,000
2 Bed
2 Bath
2799 ft²
|
$2,799,000
-6.54%
11/18/2024
|
-
|
Harding Gatto
Compass
| |
09/19/2022
|
2 Bed
|
1 Bath
|
1882 ft²
|
$1,750,000
2 Bed
1 Bath
1882 ft²
|
$1,568,000
-10.40%
07/19/2023
|
-
|
James McGrath
Yoreevo LLC
| |
01/26/2022
|
2 Bed
|
2 Bath
|
1882 ft²
|
$2,095,000
2 Bed
2 Bath
1882 ft²
|
$2,100,000
+0.24%
05/10/2022
|
-
|
Carlos Simoes
Serhant
| |
06/03/2021
|
1 Bed
|
2 Bath
|
1261 ft²
|
$1,295,000
1 Bed
2 Bath
1261 ft²
|
$1,295,000
10/19/2021
|
-
|
Robert Isaacs
RHI Group
| |
04/26/2021
|
1 Bed
|
2 Bath
|
1840 ft²
|
$1,749,000
1 Bed
2 Bath
1840 ft²
|
$1,749,000
07/27/2021
|
-
|
Adam Rothman
Prudential Douglas Elliman Real Estate
| |
03/05/2021
|
1 Bed
|
1 Bath
|
1840 ft²
|
$1,749,000
1 Bed
1 Bath
1840 ft²
|
$1,700,000
-2.80%
07/08/2021
|
-
|
Matthew Slosar
The Corcoran Group
| |
03/01/2021
|
2 Bed
|
1 Bath
|
1892 ft²
|
$1,849,000
2 Bed
1 Bath
1892 ft²
|
$1,849,000
07/02/2021
|
-
|
Ivana Tagliamonte
Compass
| |
09/28/2020
|
1 Bed
|
1 Bath
|
1512 ft²
|
$1,300,000
1 Bed
1 Bath
1512 ft²
|
$1,120,000
-13.85%
01/12/2021
|
-
|
Mercedes Gregoire
Sothebys International Realty
| |
09/10/2019
|
1 Bed
|
2 Bath
|
1892 ft²
|
$1,849,000
1 Bed
2 Bath
1892 ft²
|
$1,770,000
-4.27%
03/13/2020
|
-
|
Kristin Thomas
Trump International Realty
| |
04/09/2019
|
Studio
|
1 Bath
|
1514 ft²
|
$1,750,000
Studio
1 Bath
1514 ft²
|
$1,695,000
-3.14%
01/02/2020
|
-
|
Ivana Tagliamonte
Compass
| |
08/21/2018
|
1 Bed
|
1 Bath
|
1840 ft²
|
-
1 Bed
1 Bath
1840 ft²
|
-
-
|
-
|
-
| |
06/11/2018
|
3 Bed
|
3 Bath
|
2638 ft²
|
$3,500,000
3 Bed
3 Bath
2638 ft²
|
$3,700,000
+5.71%
11/13/2018
|
-
|
Kyle Haas
Compass
| |
04/16/2018
|
1 Bed
|
1 Bath
|
1897 ft²
|
$1,995,000
1 Bed
1 Bath
1897 ft²
|
$1,995,000
07/30/2018
|
-
|
Mercedes Gregoire
Sothebys International Realty
| |
10/21/2016
|
2 Bed
|
2 Bath
|
1512 ft²
|
$1,950,000
2 Bed
2 Bath
1512 ft²
|
$1,920,000
-1.54%
02/05/2021
|
-
|
Cherie Hinson
Sothebys International Realty
| |
09/27/2016
|
1 Bed
|
1 Bath
|
1897 ft²
|
$2,100,000
1 Bed
1 Bath
1897 ft²
|
-
-
|
-
|
Nicole Krinick
Douglas Elliman Real Estate
| |
09/12/2016
|
3 Bed
|
2 Bath
|
2638 ft²
|
$3,350,000
3 Bed
2 Bath
2638 ft²
|
$2,900,000
-13.43%
03/03/2017
|
-
|
J Erickson
Douglas Elliman Real Estate
| |
04/06/2016
|
2 Bed
|
1 Bath
|
1512 ft²
|
$1,675,000
2 Bed
1 Bath
1512 ft²
|
$1,637,500
-2.24%
02/05/2021
|
-
|
Cherie Hinson
Sothebys International Realty
| |
03/30/2016
|
2 Bed
|
1 Bath
|
1897 ft²
|
$2,370,000
2 Bed
1 Bath
1897 ft²
|
-
-
|
-
|
Nicole Krinick
Douglas Elliman Real Estate
| |
02/02/2016
|
1 Bed
|
1 Bath
|
1512 ft²
|
$1,650,000
1 Bed
1 Bath
1512 ft²
|
$1,763,232
+6.86%
02/05/2021
|
-
|
Cherie Hinson
Sothebys International Realty
| |
09/30/2015
|
3 Bed
|
2.5 Bath
|
2638 ft²
|
$4,200,000
3 Bed
2.5 Bath
2638 ft²
|
-
-
|
-
|
Kyle Haas
Compass
| |
06/02/2015
|
Studio
|
1 Bath
|
-
|
$2,570,000
Studio
1 Bath
|
$2,570,000
02/05/2021
|
-
|
Joseph Gallina
Spire Group Inc
| |
05/03/2015
|
1 Bed
|
1 Bath
|
1897 ft²
|
$2,745,000
1 Bed
1 Bath
1897 ft²
|
-
-
|
-
|
Joseph Gallina
Spire Group Inc
| |
03/12/2015
|
2 Bed
|
2 Bath
|
2799 ft²
|
$2,900,000
2 Bed
2 Bath
2799 ft²
|
$2,850,000
-1.72%
02/05/2021
|
-
|
Mercedes Menocal Gregoire
Sotheby's International Realty, Inc.
| |
12/02/2014
|
1 Bed
|
1 Bath
|
1261 ft²
|
$1,395,000
1 Bed
1 Bath
1261 ft²
|
$1,300,000
-6.81%
02/05/2021
|
-
|
Mercedes Menocal Gregoire
Sotheby's International Realty, Inc.
| |
03/17/2014
|
1 Bed
|
1 Bath
|
1543 ft²
|
$1,495,000
1 Bed
1 Bath
1543 ft²
|
$1,450,000
-3.01%
02/05/2021
|
-
|
Christopher Kromer
Brown Harris Stevens Residential Sales LLC
| |
09/21/2013
|
1 Bed
|
1 Bath
|
1261 ft²
|
$925,000
1 Bed
1 Bath
1261 ft²
|
-
-
|
-
|
Adrian S. Noriega
Elliman
| |
09/21/2013
|
2 Bed
|
1 Bath
|
1892 ft²
|
$1,675,000
2 Bed
1 Bath
1892 ft²
|
-
-
|
-
|
Fay Robin
Douglas Elliman Real Estate
| |
09/06/2010
|
2 Bed
|
1 Bath
|
1840 ft²
|
$1,500,000
2 Bed
1 Bath
1840 ft²
|
$1,260,000
-16.00%
02/05/2021
|
-
|
Thomas C. Demsker
Demsker Realty
|
Building Info
- 73 Units
- 3 Units for Sale

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