Perched high above lower Fifth Avenue in the heart of Greenwich Village, this marvelously bright and meticulously renovated one bedroom with central air, fireplace and 10ft ceilings is the quintessential prewar home. The high floor offers open expansive views west over the Village to the Hudson River and floods the apartment with gorgeous golden sunsets.
The classic layout includes a well-proportioned entry foyer with two coat closets which opens to a remarkably expansive living room crowned with a gas fireplace with handsome Chesney limestone mantle. The apartment has the good fortune of 10ft ceilings which expands the space considerably. The adjacent bedroom with open western views and walk-in closet has been partially opened to the living space along the window wall which further increases the expansiveness and light. The separate windowed kitchen includes custom cabinetry, Subzero, Viking and Miele appliances and a service entrance. A new beautiful bath with stall shower off the bedroom hall completes the layout. This remarkable apartment is complete with new central air-conditioning, beautiful hardwood floors throughout and voluminous ceilings.
39 Fifth Avenue, between 10th and 11th streets, is a distinguished full time doorman prewar cooperative built in 1922 by Bing & Bing, designed by Emery Roth and features a particularly attractive lobby. Located in undoubtedly the most sought after neighborhood in New York City, amenities include a live-in resident manager and on-site laundry. Lower Fifth Avenue 's wonderful central location is just above Washington Square Park and minutes to Soho, the West Village and an array of village shops, cafes and transportation.
Greenwich Village (also known as West Village) extends from Houston Street to 14 Street west of Fourth Avenue and Lafayette Street. However, Greenwich Village proper is now thought of as being the area west of Sixth Avenue and Greenwich Avenue. The Village has been widely known as a bohemian community of artists and writers since the 1920s, yet is a neighborhood that never stops evolving and reinventing itself. With New York University, Washington Square Park and a busy shopping district at its center, it continues to be a popular and active place to live. Every turn can bring you to a place rich with city history. Due to the lack of high-rises, the residential streets remain beautiful and elegant with many attractive old brick townhouses and pre-war apartments. There are also many classic condo and co-op buildings in the area.
With the recent unprecedented rate cut by the Federal Reserve, banks have been inundated with people looking to take advantage of lower interest rates. Because of the overwhelming demand, we have not yet seen a huge reduction in mortgage rates. While we aren’t there yet, it is likely that we will see a dramatic shift in the upcoming months, which raises the question, “What does a 1 point difference in interest rate do for my bottom line?”Read more