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    39 5Th Ave, Unit 1B New York, NY 10003

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    For Sale
    $839,900

    Live/work space with pre-war character near Washington Square Park.

    Lot size:
    0.18 Acres

    Property Features for 39 5Th Ave

    General Information

    Lot size
    0.18 Acres

    Building Details

    Year built
    1922

    Source: Compass Agent Yossi Capland

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Versatile Live/Work Space on 5th

    Located at 39 5th Avenue, Unit 1B, this versatile live/work professional space offers a blend of city living and comfort. The unit features one bedroom with a kitchenette. The pre-war building, designed by Emery Roth, showcases high ceilings (11'8") and large windows facing 5th Avenue. Built in 1922 by Bing & Bing, this 17-story cooperative building is one of the first tall buildings on Lower Fifth Avenue. The brick building is distinguished by its colorful terra-cotta decoration in the style of a loggia at the third story. The building offers laundry facilities and a full-time doorperson, along with a voice intercom system. Situated in close proximity to Washington Square Park, it's located in one of the most elegant high-rise residential enclaves in the city. The space can be used as a professional office or office with residential use by shareholder.
    Location Intelligence

    Current Use by Public Records

    Gramercy Dental Studio Emergency Dental Service Charles E. Puglisi, ... Dentist Twersky Rebecca MD Psychiatrist Dr JP Dow ... Orthodontist fayecone Building Design Company

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Food Market Clothing Store Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.995079
    Latitude
    40.7336984

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    FAQs

    What type of property is this?
    Live-work space - Live/work space with pre-war character near Washington Square Park.
    Where is this live-work space located?
    The property is located at 39 5Th Ave, Unit 1B New York, NY.
    What is the asking price?
    The asking price for this property is $839,900.
    What are key features of this property?
    This property features: - Versatile live/work space suitable for professional office or residential use.; - Prime location on 5th Avenue, close to Washington Square Park.; - Pre-War building with **high (11'8) ceilings and large windows.**
    (917) 991-6585
    Request Owner's contact information
    39 5Th Ave, Unit 1B New York, NY 10003
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    39 5Th Ave, Unit 1B New York, NY 10003
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