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5 Great Jones St APT 2, New York, NY, 10012

2beds
2baths
2,300sqft
$3,650,000
$1,587price/sqft
$22,392/moest. monthly cost
$895,680/yrincome needed

About This Home

Residence 2 at 5 Great Jones is a rare true full-floor loft with amazing volume, this is downtown living at its most authentic, over 2,300 square feet, soaring 14-foot ceilings, and proportions that simply don’t exist in modern construction. The space carries that unmistakable old New York sou. It’s raw, it’s refined, and it’s incredibly special. Rich in history, this extraordinary loft was once home to the legendary jazz musician Charles Mingus as well as to Kermit Love (creator of Big Bird, Mr. Snuffleupagus, Oscar the Grouch + Cookie Monster). Thoughtfully renovated, the loft retains its original soul while incorporating essential modern comforts. Configured as a 2-bedroom, 2-bathroom home with a sprawling 1,000-square-foot primary suite and a mezzanine-level office or media room, the layout offers remarkable flexibility. Potentially it could be a 4 bedrooms home. Original details abound, including refinished wood floors, pressed-tin ceilings, exposed brick and beams, clawfoot tubs, and vintage French cast-iron radiators. A working wood-burning fireplace anchors the living space, complemented by two decorative fireplaces—one easily convertible. Modern upgrades include wall-through A/C system, in-loft laundry room, integrated high-end appliances, dishwasher, garbage disposal, and oversized soundproof windows. The home also features exceptional storage throughout, including a large private storage cage in the basement. 5 Great Jones is a discreet, boutique coop with solid financials and reasonable building policies. It has a video intercom system. Perfectly positioned on one of NoHo and Greenwich Village’s most coveted blocks, the building is surrounded by some of downtown’s finest architecture, dining, and shopping. Even though it is a walk-up building, the apartment sits just half a flight up.

Getting Around

100
WalkingWalker's Paradise
100
TransitRider's Paradise
95
BikeBiker's Paradise

Schools

6/10
Ps 3 Charrette SchoolGrades PK-50.7 mi
4/10
Middle 297Grades 6-80.7 mi
--
Harvey Milk High SchoolGrades 9-120.2 mi

Construction

Condition

  • Year built: 1900

Type & Style

  • Home type: Cooperative
  • Property subType: Coop

Interior

Appliances

  • Appliances included: Dishwasher,Washer/Dryer

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Cooling

  • Cooling features: Central Air

Features

  • Flooring: Hardwood

Interior Area

  • Total structure area: 2,300
  • Total interior livable area: 2,300 sqft

Property

Details

  • Parcel number: 00530001010084732
  • Special condition: Resale

Features

  • Has view: Yes
  • View description: City,Skyline

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Tsunami

FEMA Declared Disasters in New York County and New York

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $18,456$221,472
Home Insurance *$1,397$16,764
Property Taxes $2,159$25,908
Electricity $380$4,561
Total$22,392$268,704
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$767,725/yr
40% on housing$671,760/yr
45% on housing$597,120/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 2.0%
2.0%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,587This listing

vs Other Active Listings

Avg $/sqft

ZIP 10012$2,316
New York County$1,488

vs Homes Sold Last Month

Median $/sqft

ZIP 10012$1,576
New York County$1,203

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-17Listed for sale$3,650,000
2024-07-19Listing removed--
2024-06-28Listed for rent$14,500
2023-04-20Listing removed--
2023-03-30Price change$13,500
2023-01-10Listed for rent$15,500
2021-12-07Sold$3,260,000
2021-10-28Pending sale$3,250,000
2021-09-24Listed for sale$3,250,000
2019-09-13Listing removed$10,000
2019-08-27Price change$10,000
2019-08-14Listed for rent$10,500
2009-07-16Sold$1,850,000

For Sale by Agent

AgentOliver Han
BrokerageCompass

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