Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $4,750,000

· Closed May 21, 2025

1 5th Avenue #16F
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Closed For Sale Co-op

$4,750,000

1 5th Avenue #16F

Greenwich Village, Manhattan

MLS® #RLS11028923

RLS at REBNY

Listing by Compass

2

Bedrooms

3.5

Baths

N/A

Sq. Ft.

1927

Year Built

Quick Summary

Bedrooms 2
Bathrooms 3 full, 1 half
Year Built 1927
Ownership Co-op
Maintenance $5,890/mo
Neighborhood Greenwich Village
Floor 16 of 27

Property Highlights

  • Exposure: East facing
  • Outdoor Space: Terrace
  • Climate Control: Central Air

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 5
Baths 2 Full, 1 Half
Floor 16 of 27
Exposure East
Cooling Central Air
Pets Yes, CatsOk, DogsOk
Year Built 1927
Structure Type HighRise
Flooring Hardwood
Furnished Unfurnished
Block/Lot 00550/0022

Description

Perched high on the sixteenth and seventeenth floors of iconic One Fifth is this exquisitely renovated “turn-key” duplex featuring a spectacular terrace overlooking Lower Fifth. Completely transformed in 2020, this home offers a perfect balance of classic style and modern functionality in the heart of Downtown. As you enter the duplex’s first floor, you’re welcomed by the light washed hardwood floors that set the tone for the home’s sophisticated renovation. Custom millwork and recessed art lighting add a layer of refinement throughout the space, highlighting the exceptional craftsmanship. The expansive planted terrace stretches the full width of the apartment, providing a serene outdoor retreat with open views to Hudson Yards and beyond. The modern kitchen is a culinary masterpiece, featuring top-of-the-line Miele appliances and statuary marble countertops. Upstairs, you will find the home’s well-proportioned two en suite bedrooms with dedicated baths. The primary suite features a walk-in closet and a spa-like primary bath is clad in luxurious Thassos tile and Kallista fixtures. A state-of-the-art four-zone HVAC system completes this one-of-a-kind turn-key offering. Originally a hotel, 1 Fifth Ave is an Art Deco and modern building designed and built in 1927 by architect Harvey Wiley Corbett. This white-glove cooperative is fully staffed, allows pied-a-terres and up to 3 years of subletting is allowed after 18 months of ownership. Up to 65% financing is permitted. 1 Fifth overlooks Washington Square Park in the heart of historic Greenwich Village and the start of iconic Lower Fifth Ave, one of Manhattan’s most coveted locations with some of the city’s best dining, culture, and shopping. There is an ongoing operating assessment for $314.33 per month.

Features & Amenities

Interior Features

Chandelier Eat In Kitchen Recessed Lighting Soaking Tub Walk In Closets Common On Floor Common Area Flooring: Hardwood

Exterior Features

Private Outdoor Space Over60 Sqft Terrace

Building Information

Total Units 198
Stories 27
Structure HighRise

Financial Details

Maintenance $5,890/mo
Original Price $4,995,000
Sale Price $4,750,000
Previous Price $4,995,000

Greenwich Village, or 'The Village,' remains the heart of New York’s creative history and intellectual life. Defined by its winding, non-grid streets and the iconic Washington Square Park, the neighborhood offers a unique sense of place. The real estate market is highly sought after, featuring some of the city's most beautiful historic townhouses, gold-coast cooperatives, and discreet luxury developments that maintain the area's low-rise charm.

Greenwich Village Live Market Data

View Neighborhood

Active Listings

169

Median Asking Price

$1.65M

Median $/Sqft

$1,970

Avg Days on Market

N/A

New This Week

16

Price Reduced

28%

Sold (30 Days)

41

Median Sale Price

$1.62M

Live data from RLS at REBNY • Updated 3/24/26, 4:21 AM EST

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Location

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1 5th Avenue #16F, Greenwich Village, New York County

MLS® ID: RLS11028923
First Listed: 1/14/2025
On Market: 1/14/2025
Price Changed: 5/22/2025
Closed: 5/21/2025
Contract Date: 1/14/2025

Listing Courtesy of Compass - Stephen Ferrara

Listing Contact: (646) 761-7038

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.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 3/24/2026 at 8:21 AM UTC

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