NOT LISTED FOR SALE

335 W 38th St Unit 5 New York, NY 10018

Garment District Neighborhood

Estimated Value: $1,564,000 - $2,633,628

2 Beds
2.5 Baths
4,000 Sq Ft
$525/Sq Ft Est. Value

Last Sold July 14, 2021

Last sale price $2,500,000 $625 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $18,337/month

33 Days on Market

Highlights

  • Pre War Building
  • Clinton School Rated A
  • North Facing Home

About This Home

As of July 2021

ENORMOUS LEGAL LIVE/WORK LOFT IN EXCELLENT MIDTOWN WEST LOCATION!



This spectacular fully-built space at an amazing low price of $2.5 Million (approximately $625 per square foot), with low maintenance of just $4455. The entire Fifth floor of a classic 1920s textiles factory building, firmly rooted in the history of the Garment District while blending harmoniously with the exciting new construction of this booming neighborhood.



Totally flexible space with approx. 4,000 square feet with minimal structural columns, 11 foot ceilings, sprinkler system and two entrances, serviced by a passenger elevator and a freight elevator (in quintessential loft style, each is keyed and opens right into the space). A combination of hardwood floors and polished concrete floors. Perhaps most impressively, the loft offers huge windows. This massive and vibrant space simply oozes with character that new construction can never replicate.



Were it only for the loft's basic attributes, one might consider this an excellent opportunity with "great bones" and "potential" but the space is already fully built-out with a great flow, good proportions and in excellent condition! Set up as two distinct areas (each with its own entrance), the loft is move-in ready but could also be easily re-configured to suit your needs (with minimal changes, you could have 4 good sized, bedrooms, for example, while still retaining a large, separate office space (see alternate floor plan for ideas).



The tranquil residential wing features an expansive living area, having a bright northern exposure from its nearly 40 foot span of giant windows, a tremendous living room/dining area, beautiful sleek and modern kitchen, two sizable bedrooms plus a large enclosed office (perfect for your Peloton), two large modern baths, washer/dryer and tons of storage. The spacious and inspiring office section features a large gallery wall and reception area, huge great room with sunny southern exposure and streetscape views through nearly 50 feet of oversized windows (an ideal showroom or communal work space), two large windowed offices, a conference room, kitchenette and half bath, fully wired for electric and communications hookups. Entered through a lobby with video security, this well-established co-op enjoys a rare legal live/work designation from the City. The building allows up to 80% financing, pied-a-terres and is pet friendly.



Perfect for an entrepreneur, artist, designer or a household, this loft offers an incredible opportunity to be in the heart of the exciting Midtown West neighborhood, with theater, Times Square, the Highline, Hudson River Park and myriad restaurants within a few blocks. Surrounded by important new development, most notably, the sprawling Hudson Yards complex. Convenient to all amenities and transportation, you can also walk to work in Midtown or a take a quick Uber ride on the West Side Highway to Downtown. Want to get out of town? You are near the Lincoln Tunnel to NJ / Newark Airport, the West Side Highway to Westchester, Upstate or the Berkshires, and a straight shot across town to the Midtown Tunnel for LaGuardia, JFK, Long Island and the Hamptons.An amazing opportunity, priced to sell quickly!

Last Listed By

Ann Marie Folan

Douglas Elliman Real Estate License #10301207775 Listed on: 03/10/2021

Property Details

Home Type

  • Co-Op

Year Built

  • Built in 1925

HOA Fees

  • $4,456 Monthly HOA Fees

Home Design

  • 4,000 Sq Ft Home
  • Pre War Building

Bedrooms and Bathrooms

  • 2 Bedrooms

Additional Features

  • North Facing Home
  • No Cooling

Community Details

  • Clinton Subdivision
  • 12-Story Property

Listing and Financial Details

  • Tax Block 762

Property Details

Home Type

Co-Op

Year Built

Built in 1925

Lot Details

0

HOA Fees

$4,456 per month

Listing Details

  • Cross Street: 8Ave/9Ave
  • Exposures: North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: CLINTON
  • Architectural Style: Prewar
  • Entry Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Coop
  • Stories: 12

Interior Features

  • Living Area: 4000.0
  • Living Area Units: Square Feet
  • Rooms (Total): 7

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Integer: 3
  • Bedrooms: 2

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 4456.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Stock Cooperative
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Total Stories: 12
  • Year Built: 1925

Tax Info

  • Tax Block: 762

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2022 04/20/22 Off Market $2,500,000 -- --
07/14/2021 07/14/21 Sold $2,500,000 0.0% $625 / Sq Ft
04/15/2021 04/15/21 Pending -- -- --
03/12/2021 03/12/21 For Sale $2,500,000 -- $625 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Ann Marie Folan

    Douglas Elliman Real Estate

    2 in this area

    125 Total Sales

    Ann Marie Folan
    Section Image
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10704434

Real Estate Board of New York (REBNY)

APN: 00762-00145

New York New York County New York 10018 Garment District

335 W 38th St Unit 5, New York, NY

This home is located at 335 W 38th St Unit 5, New York, NY 10018 since 10 March 2021 and is currently estimated at $2,098,814, approximately $524 per square foot. This property was built in 1925. 335 W 38th St Unit 5 is a home located in New York County with nearby schools including P.S. 51 Elias Howe, Clinton School, and Middle School 297.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

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