16 5TH Avenue #PH1
MLS® #RLS20083543
Listing by Corcoran Sunshine Marketing Group
5
Bedrooms
7.5
Baths
8,327
Sq. Ft.
2025
Year Built
Quick Summary
Property Highlights
- Views: City Lights, City, Park Greenbelt
- Exposure: East,North,South,West facing
- Outdoor Space: Terrace, Balcony
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Apr 14, 2026 | $59,950,000 | - |
| Currently | May 30, 2026 | $59,950,000 | - |
Description
Perched atop Robert A.M. Stern Architect's celebrated Sixteen Fifth Avenue, this extraordinary triplex penthouse is a masterwork of classical architecture and modern luxury, occupying the building's top three floors at the iconic crossroads of lower Fifth Avenue and Greenwich Village. With approximately 8,327 square feet of elegant interiors and 752 square feet of private outdoor space, this 5-bedroom, 7.5 bath residence offers grand scale, rare privacy, and sweeping four-exposure views over Washington Square Park, Downtown Manhattan, and the New York City skyline.
A private landing opens to a grand entrance gallery featuring a custom, windowed, architectural staircase-an immediate statement of craftsmanship and scale. Designed for both formal entertaining and refined daily living, Penthouse 1 features a breathtaking Great Room with herringbone white oak floors, a stone-clad fireplace, and oversized french casement windows. A great room with a library flows seamlessly from the living space, while the windowed Christopher Peacock chef's kitchen blends timeless design with modern performance, complete with Calacutta Gold marble, top-tier Miele appliances, and a breakfast nook opening to a limestone private terrace.
The lower level of the home is a lavish primary suite, offering exceptional privacy with multiple dressing rooms, a private balcony and dual spa-like marble bathrooms featuring radiant heated floors, a freestanding soaking tub, oversized showers, and bespoke vanities. Additional levels include gracious guest bedroom suites, windowed home offices, and a private library. The crowning top level is an entertainer's dream, featuring a sun-filled solarium with wet bar and an expansive outdoor terrace with an outdoor kitchen-ideal for hosting against a backdrop of iconic city views.
Finished with 5-inch wide-plank white oak floors, custom millwork, and state-of-the-art climate control throughout, this one-of-a-kind penthouse is complemented by a full suite of white-glove amenities, including a 24-hour attended lobby, fitness center curated by The Wright Fit, tranquility room, library lounge with bar and wine/spirit lockers, atrium dining room with a catering kitchen, golf simulator, and concierge services. Storage is available for purchase.
Elegant decorative Juliet balconies, detailed setbacks decorating the brick and limestone facade, and jack arched windows create a sense of townhouse living perched on top of this Robert A.M. Stern Architects icon. Rarely does a residence of this scale, pedigree, and location come to market-an heirloom-quality Fifth Avenue home in the heart of Greenwich Village.
Features & Amenities
Interior Features
Exterior Features
Building Amenities
Building Information
Financial Details
About Greenwich Village
View All Greenwich Village ListingsGreenwich 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 NeighborhoodActive Listings
186
Median Asking Price
$1.50M
Median $/Sqft
$1,868
Avg Days on Market
N/A
New This Week
10
Price Reduced
29%
Sold (30 Days)
11
Median Sale Price
$1.56M
Live data from RLS at REBNY • Updated 5/29/26, 9:39 PM EST
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Location
16 5TH Avenue #PH1, Greenwich Village, New York County
Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)
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Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed common charges are $16,897 per month. Confirm the exact amount with the listing broker before making an offer.
This property has 5 bedrooms and 7 full bathrooms and 1 half bathroom.
The listed interior living area is 8,327 square feet. Verify dimensions independently during due diligence.
According to MLS records, the building was constructed in 2025, making it approximately 1 years old.
This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.
Pets are permitted at this property: no,Building Pets Allowed Comments:no. Contact the listing broker for weight limits or breed restrictions.
At the current list price of $59,950,000 for 8,327 sq ft, the asking price per square foot is approximately $7,199. This figure is for reference only and may differ from appraised or assessed values.
To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.
Have a question not answered here?
(917) 416-7433Listing Courtesy of Corcoran Sunshine Marketing Group - Tara King Brown
Listing Contact: (917) 371-0551
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 Data display by Keller Williams NYC. Data last updated on 5/30/2026 at 1:39 AM UTC