Folio House

Folio House is a Co-op located 105 5th Avenue, in Flatiron District, New York. The building was first built in 1902 and is 122 years old. The lot that the building was built on is 66 feet wide and 129 feet long. The official lot area is listed as 9,850 square feet. The building itself is 65 feet wide and 126 feet long. In total, 105 5th Avenue has a total floor area of 102,017 square feet. Of that, 83,467 square feet are used for residential purposes. About 18,550 square feet of the building are used for commercial purposes. There are a total of 43 units. Of those, 41 are residential units. There are two commercial units. 105 5th Avenue has a total of 11 floors. Thankfully, the building is equipped with elevator service.

Interested in learning more about the building? Great news, subletting is currently allowed, which makes this a great opportunity for folks who just want a secondary home or make some passive rental income. There are many great amenities and features for residents in the building. You can expect to be greeted by a doorman on a daily basis. The same doorman will make sure that your packages are delivered properly and secure! For your convenience, laundry is located in the building. Residents who own pets will be happy to hear that the building is pet-friendly. There are 60 closings on record, of which we have matching data for 15 listings. In the past 3 years, a listing in this building will typically remain on the market for about 136 days and tend to sell above the original asking price of $2,622,500 by 5.90%. Meaning, listings tend to sell at a median of $1,470 price per square foot. The transaction that took the longest to complete was unit 5E, listed on May 07, 2021 for $2,500,000. This particular unit ultimately sold 363 days later for $2,225,000. The most recent transaction was for unit 7C, which was first advertised on Sep 06, 2023, sold for $1,882,000 on Dec 05, 2023. Fun fact, the oldest transaction we have on record took place on Oct 31, 1979. See the full transaction history for Folio House below.

Flatiron District, where 105 5th Avenue is located, has a median asking price of $750,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $2,622,500. For interested buyers, that means the building's median asking price is around 2.50% above the neighborhood's median asking price for co-ops. A buyer may therefore end up paying more for a unit in this building compared to other co-op buildings in the neighborhood.

There is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $5,995,000. It is a 3,163 sqft 3-bedroom and 3-bathroom unit.