Two Units in Flatiron Building Conversion Enter Contract at 175 Fifth Ave

Recent Contracts in Historic Conversion Two units in the historic conversion at 175 Fifth Ave.

entered into contract. 97 million. 65 million. These contracts increase the total number of units under agreement in the building to 11 out of 37 total apartments. 17 million. The event occurred last week.

Building Details and Unit Specifications Unit 5-South spans 3,055 square feet across a half floor.

Unit 5-South has three bedrooms and three bathrooms overlooking 23rd Street. Unit 5-South has an open great room overlooking 23rd Street. Unit 19-South spans 2,999 square feet across a half floor. Unit 19-South has three bedrooms overlooking 23rd Street and a corner great room with an open kitchen and dining area.

The building has 37 apartments in total.

Prior Sales and Marketing Timeline A full-floor unit on the 21st story entered into contract after asking $58.

5 million. 5 million. Off-market sales for the apartments kicked off last fall. Listings officially began hitting the market in January. Corcoran Sunshine Marketing Group is handling sales and marketing for the building.

After years of exterior restoration work, scaffolding and netting around the building are being removed as the project nears completion.

Conversion Context and Timeline The Flatiron Building at 175 Fifth Ave.

is undergoing conversion to residential use for the first time in its history. The building's recent office tenants included Macmillan Publishers. Occupancy is slated for this fall.