SOLD FOR $2,500,000
· Sold at asking price · Closed July 14, 2021
$2,500,000
$625 per sq ft
335 W 38th Street #5
MLS® #RLS10704434
Listing by Elliman
2
Bedrooms
3.5
Baths
4,000
Sq. Ft.
1925
Year Built
Sale Details
Property Summary
Description
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!
Property Details
Listing courtesy of Ann Marie Folan at Elliman. Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.