Friday, July 21, 2017

Townhouse living on 5th Street for $7.5 million



There's a new listing for 526 E. Fifth St., a single-family residence between Avenue A and Avenue B.

Here are a few highlights via the listing at Compass:

526 East 5th Street is a 20 foot wide single family townhouse spanning over 5,200 square feet across four stories. Originally built in 1900, a modern restoration led by renowned architect Annabelle Selldorf resulted in masterful engineering paired with character rich details. The impressive features include a 35 foot deep extension, exceptional light through four exposures, wide plank reclaimed floors, and a triple exposure windowed kitchen.

And!

One of the highlights of this home is the entire fourth floor devoted to the master suite. Stretching across this level is the oversized master bedroom with a wood burning fireplace, dressing room, incredible windowed bathroom, and sunlit private den with exposed beams. This one-of-a-kind bathroom is lined with custom Moroccan fish scale tiles and features a dual vanity, claw foot tub and oversized stall shower. The charming den has floor-to-ceiling sliding glass doors with a juliet balcony, a black marble powder room and a spiral staircase leading to the roof deck.

Additional amenities include a roof deck with treetop and downtown Manhattan views, a full sized laundry room on the garden level, brand new wiring and mechanicals, central AC, massive storage cellar and Citiquiet windows.

The listing has many interior shots... and in case you wondered what happened to the signage from Allied Hardware on Second Avenue. (Icon Realty wouldn't renew their lease.) We heard that the hardware store owners sold the sign for $100...



The asking price is $7.5 million.

Several years ago the multiple-dwelling building became a single-family residence. The new townhouse arrived on the market for $8.45 million in 2013.

An LLC called 526 E. 5th Street with a Brooklyn address bought the building for $3.2 in 2011. It changed hands to an LLP in 2015 for $6.5 million, per public record. It's unclear if any actual humans were living here.

13 comments:

  1. are ceiling can lights "historic detail"?

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  2. The only architectural feature at all inviting is the exterior door! That so-called famous architect made a mess of the interior. But the Ikea-knock off furniture as well as the generic wall hangings are equally repulsive.

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  3. So cool they got the Allied Hardware sign! I might go to an open house, if they have one, just to see how it looks. Btw, nice house, so expensive though.

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  4. They forgot to mention that it is your own personal stairmaster....no elevator mentioned. Wow...a lot of stairs to get to bed.

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  5. Get rid of the heinous decorating and the space has a lot of potential. The problem these days, though, is the neighbors. How many roof decks and party patios are nearby? It's a waste of a lot of money if you can't enjoy your own space because of Bro Fests every night and weekend.

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  6. Maybe they should display photos of mice, construction dust and displaced tenants to add to the Hardware Store sign. Icon Greed is now art!

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  7. I need those white plank floors.

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  8. WTF? creating wall art to commemorate that long time EV business owners were thrown out on the street? I hope the Allied hardware owners at least got a royalty check!

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  9. And no elevator. If a family with children moves in someone (the housekeeper?) is going to have to schlep a lot of laundry up and down 3,4 flights of stairs. The sheets and towels alone are going to weight a ton. They should have put laundry facilities on the 3rd or 4th floor. But architects don't think of such things.
    Any way it isn't very attractive and for that money one could live in a doorman building in a neighborhood where the weekends (and many weeknights) aren't a shit show.

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  10. Alex Rodriguez should buy it with the 21M the Yankees paid him to do nothing this season.

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  11. "It's unclear if any actual humans were living here."

    No but I bet shitloads of foreign money was transferred there.

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  12. Anyone remember the old Civil War-era home that was removed to make way for the glass mini tower next door around 2004? That was a great house.

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  13. I cannot believe they got the Allied Hardware sign. That just seems so wrong. Real hardware store signs are now just for decorating the unfathomable wealthy yunnies, to use Jeremiah's term. I miss that store. This just infuriates me.

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