Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Under Contract – Backup offers may be accepted

16 5TH Avenue #PH2
Interested in this property?
Pending For Sale Condo

$45,000,000

$6,595 per sq ft

16 5TH Avenue #PH2

Greenwich Village, Manhattan

Sixteen Fifth Avenue

MLS® #RLS20056929

RLS at REBNY

Listing by Corcoran Sunshine Marketing Group

5

Bedrooms

7.5

Baths

6,823

Sq. Ft.

2025

Year Built

Quick Summary

Bedrooms 5
Bathrooms 8 full, 1 half
Living Area 6,823 sq ft
Year Built 2025
Ownership Condo
HOA/Common Charges $13,721/mo
Property Taxes Contact for details
Neighborhood Greenwich Village
Floor 18 of 18

Property Highlights

  • Views: City
  • Exposure: East,North,South,West facing
  • Outdoor Space: Terrace

Property Details

Type Condo
Ownership Condominium
Total Rooms 14
Baths 7 Full, 1 Half
Floor 18 of 18
View City
Exposure East,North,South,West
Cooling Zoned
Pets Yes
Year Built 2025 (New)
Living Area 6,823 sq ft
Structure Type HighRise
Basement Other
Block/Lot 00572/0041

Listing History

Event Date Price Change
Listed Oct 27, 2025 $45,000,000 -
Currently Jul 6, 2026 $45,000,000 -

Description

Sixteen Fifth Avenue PH2 Listing Description Penthouse 2 is a sprawling 6,823-square-foot duplex home with private outdoor space, offering five bedrooms and seven-and-a-half baths. With four exposures, this home showcases sweeping views of Washington Square Park, Downtown Manhattan, and the New York City skyline. The elevator opens into a private vestibule leading to a formal entry gallery. The expansive east and south-facing corner great room features herringbone-patterned 5" wide-plank white oak flooring and an adjoining terrace, both with iconic Fifth Avenue views. The windowed corner chef's kitchen, designed by Christopher Peacock, features terrace access for outdoor dining along with Fifth Avenue views. Finishes and appliances include Calacatta Gold honed marble countertops and backsplashes, custom cabinetry with Lambourne-style polished nickel hardware, and top-of-the-line Miele MasterCool appliances including dual dishwashers and sinks with Kallista polished nickel faucets, a refrigerator/freezer, warming drawer, gas cooktop, oven, speed oven, vented hood, and a standalone wine refrigerator. A butlery, breakfast nook, and formal dining room complete the culinary experience. The primary bedroom wing is a private retreat with three dressing rooms, a terrace overlooking Fifth Avenue, and two luxurious primary bathrooms featuring Calacatta Vision honed marble walls and floors with a mosaic inlay, custom rift white oak vanities with marble countertops, a Kallista freestanding tub, an enclosed shower with Calacatta marble walls and floors, and radiant heat flooring. A private guest suite and a windowed home office offer flexibility and privacy, while a service hall and utility room with LG washer/dryer provide convenience. The home is equipped with a year-round with a dedicated VRF heating and cooling system, with individually controlled thermostats in each room. Secondary bathrooms feature Blanco Dolomiti marble premium honed mosaic flooring and walls, lacquered vanities with white wooden stone countertops, a tub or shower, and Kallista polished chrome fixtures and fittings including a hand shower. The powder room features a Panzer honed marble vanity, feature wall, and flooring, a Kallista unlacquered brass faucet, and a Kohler sink. Set within a classical 18-story condominium designed by Robert A.M. Stern Architects, the building features a hand-laid brick and limestone facade adorned with elegant Juliet balconies and detailed setbacks. Oversized 7'-6" Wausau windows with French inswing-style double casements flood the interiors with natural light. Residents enjoy a full suite of amenities, including a 24-hour attended lobby and concierge, an atrium lounge with a skylight, a decorative fireplace, and a catering kitchen, a dining room, and a custom bar with individual wine and spirit cabinets. The building also offers a fitness center curated by The Wright Fit, a golf simulator suite, a tranquility lounge, private storage, bicycle storage, and a mail and package room with cold storage. THE COMPLETE OFFERING TERMS ARE IN AN OFFERING PLAN AVAILABLE FROM SPONSOR FILE NO . CD22-0103. SPONSOR: FIFTH AVENUE OWNERS GROUP LLC, 520 MADISON AVENUE, SUITE 3501, NEW YORK, NEW YORK 10022. ANY DEPICTIONS OF PERSONAL OR CONDOMINIUM PROPERTY, INCLUDING, WITHOUT LIMITATION, ANY FURNITURE, DECORATIONS, EQUIPMENT, FURNISHINGS, FINISHES, FIXTURES, APPLIANCES, OR LANDSCAPING, ARE FOR ILLUSTRATIVE PURPOSES ONLY AND MAY NO T REPRESENT THE ITEM ACTUALLY BEING DELIVERED OR THE PRECISE LOCATION OF SUCH ELEMENT. PROSPECTIVE PURCHASERS SHOULD NO T RELY UPON THESE DEPICTIONS AND ARE ADVISED TO REVIEW THE COMPLETE TERMS OF THE OFFERING PLAN FOR FURTHER DETAILS AS TO TYPE, QUALITY AND QUANTITY OF MATERIALS, APPLIANCES, EQUIPMENT AND FIXTURES TO BE INCLUDED IN THE UNITS, AMENITY AREAS AND COMMON AREAS OF THE CONDOMINIUM. ALL DIMENSIONS, MEASUREMENTS, AND SQUARE FOOTAGES ARE APPROXIMATE AND SUBJECT TO NO RMAL CONSTRUCTION VARIANCES AND TOLERANCES. SQUARE FOOTAGES EXCEED USABLE FLOOR AREA. PLANS AND DIMENSIONS MAY CONTAIN MI NO R VARIATIONS FROM FLOOR TO FLOOR. EACH UNIT SHOULD BE INSPECTED TO DETERMINE ITS ACTUAL DIMENSIONS, LAYOUT AND PHYSICAL CONDITION PRIOR TO CLOSING. SPONSOR RESERVES THE RIGHT TO MAKE CHANGES IN ACCORDANCE WITH THE TERMS OF THE OFFERING PLAN, AS AMENDED. SPONSOR MAKES NO REPRESENTATIONS OR WARRANTIES EXCEPT AS SET FORTH IN THE OFFERING PLAN. EQUAL HOUSING OPPORTUNITY.

Features & Amenities

Interior Features

High Ceilings Walk In Closets Building Other Washer Hookup In Unit

Exterior Features

Private Outdoor Space Over60 Sqft Terrace

Building Amenities

Bike Storage Concierge Elevators Golf Simulator Room

Appliances

Dishwasher

Building Information

Financial Details

Common Charges $13,721/mo
RE Taxes Contact for details

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

166

Median Asking Price

$1.50M

Median $/Sqft

$1,724

Avg Days on Market

N/A

New This Week

0

Price Reduced

31%

Sold (30 Days)

26

Median Sale Price

$1.40M

Live data from RLS at REBNY • Updated 7/6/26, 6:48 AM EST

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Location

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16 5TH Avenue #PH2, Greenwich Village, New York County

Floor Plans

Floor Plan 1
Floor Plan 2

Building Information

Official NYC property records for this building

2024
Year Built
2 years old
18
Floors
14
Residential Units
Elevator Apartments Historic District: Greenwich Village Historic District

Tax & Assessment

Assessed Value: $8,147,250
Land Value: $988,650
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 5,255 SF
Building Area: 69,623 SF
Built FAR: 13.25

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $13,721 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 6,823 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 $45,000,000 for 6,823 sq ft, the asking price per square foot is approximately $6,595. 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) 416-7433
MLS® ID: RLS20056929
First Listed: 10/27/2025
On Market: 10/27/2025
Price Changed: 10/27/2025
Pending Since: 4/22/2026
Contract Date: 10/27/2025

Listing 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 at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 7/6/2026 at 10:48 AM UTC

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