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RLS IDX Data display by Real Estate Rebate Team. 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.

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  1. Home
  2. Buy
  3. New York City
  4. Manhattan
  5. 10018
  6. 372 5th Avenue #5L
Property thumbnail
1 / 6
Stock Cooperative•Midtown

372 5th Avenue #5L, New York City, NY 10018

Listing Courtesy of Compass

$949,000

Potential Rebate: $14,235

Stock Cooperative
1 Bed
1 Bath
3 Rooms
Built 1928
10 Stories
Listed on Sep 15, 2025
102 days on market
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Overview

Mint condition loft with soaring 12ft ceilings and bright eastern sunlight.

Renovated in 2022, this dramatic loft features wide-plank floors throughout creating a seamless flow from kitchen to living room spanning more than 40ft. The open concept layout allows for ease in entertaining and living with the bedroom enclosed behind beautifully designed floor-to-ceiling wrought iron glass doors. With the doors closed, the bedroom is an oasis with an exposed brick wall, show-stopping closet and curtains for privacy. The renovated kitchen features Caesarstone countertops, oversized farmhouse sink and top-of-the line appliances, including SubZero refrigerator, Wolf range, Miele dishwasher. The full bathroom incorporates the same design elements as the rest of the loft with a walk-in shower, double vanity and heated floors. A home office adjacent to the bedroom completes the main floor of the loft.

Additional highlights include a 250sf sleeping loft that overlooks the living room, multiple storage spaces, custom closets throughout, and a smart home system that can be controlled from your mobile device.
Ongoing assessments of $453.80 per month.

Formerly the Best & Co. department store, 372 Fifth Avenue is an architecturally significant pre-war cooperative loft building at the northwest corner of 35th and Fifth. Amenities include full-time doorman, roof deck with breathtaking views of the Empire State building, laundry facilities on every floor, bike room and storage room. Pets, subletting, pied-a-terre’s, parents buying for children, co-purchasing, guarantors and gifting are permitted.

Steps from Bryant Park, the NY Public Library, Whole Foods, Equinox, and world-class dining and shopping. Transportation options include Penn Station, Grand Central, and nearly every subway line (4/5/6/7/N/R/Q/W/B/F/M) within walking distance.

Home Features

  • •Building Multiple Locations
  • •Common On Floor
  • •Common Area
  • •Double Vanity
  • •High Ceilings

Estimated Monthly Payment

$7,318 per month

30 year fixed, 6.28% Interest

Principal and Interest
$4,689
Property Taxes
$0
Maintenance/Common Charges
$2,629

Estimated Rebate for this Home

One-time rebate at closing

$14,235

Monthly savings impact

$40/mo

💡 Estimated at 1.5% of purchase price

The rebate is paid to you at closing and can help offset closing costs or other expenses.

Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).

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Rebates Up To

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25+ Years

Experience

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Listings

RLS IDX Data display by Real Estate Rebate Team. 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.

The Real Estate Rebate Team

Listing Courtesy of Compass

Data Source: TRESTLE #RLS20048513

REBNY Logo

Price Analysis

Compare average listing prices and value metrics for 372 5th Avenue against the surrounding Midtown market.

Based on 2 active units in building vs 131 in area

Average List Price

Building$824.0K
Neighborhood$5.2M

Price Per SqFt

Building Avg$568/ft²
Neighborhood Avg$1,947/ft²
Value Opportunity

70.83% Lower

than the Midtown price-per-sq-ft average

Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.

Midtown

The Center of the World

\n

Midtown is the commercial heart of NYC. Skyscrapers, tourists, and business.

\n

Real Estate & Housing Market

\n

Luxury condos in the sky (Billionaire's Row) and corporate housing. Not a traditional "neighborhood."

\n

Lifestyle & Community

\n

Dominanted by office workers and tourists. Convenient but lacks a local feel.

\n

Transportation & Accessibility

\n

Every train goes through Midtown. Grand Central is here.

\n

Parks, Schools & Amenities

\n

Bryant Park and Central Park (south border) are key.

\n

Who This Neighborhood Is Best For

\n

Best for pied-à-terre buyers and busy executives.

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