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16 5th Avenue PH1New York, NY 10011

For Sale

$59,950,000

Smart Buyer Rebate $749,375

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 Calacatta 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.

Listed by Tara King Brown

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Corcoran Sunshine Marketing Group

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(917) 371-0551

Listed by Ryan W Kaplan

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Corcoran Sunshine Marketing Group

Last updated September 11, 2026

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Source: REBNY #RLS20105933

RLS Data display by Prevu Real Estate LLC

Listing Facts

  • TypeCondo
  • NeighborhoodGreenwich Village
  • Bedrooms5
  • Bathrooms7.5
  • Days on Prevu4
  • HOA/Maint. Fees$16,897/month
  • Size8,327 sqft
  • Price per sqft$7,199

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Concierge

Location

Mortgage Calculator

Listing History

09/11/2026
Listed by Corcoran Sunshine Marketing Group
$59,950,000
  1. 09/11/2026$59,950,000
    Listed by Corcoran Sunshine Marketing Group

Estimated Closing Costs

Attorney Fees
$4,000
NYC Mansion Tax
$2,338,050
Title Insurance
$269,775
Bank Attorney
$1,500
Mortgage Recording Tax
$923,230
Other Closing Costs
$4,000
NY State Transfer Tax
$389,675
NYC Transfer Tax
$854,287
Seller's Attorney Fee
$4,000
Total
$4,788,517

Estimated closing costs are based on the list price of $59,950,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 16 5th Avenue PH1

Association

Amenities

  • Pets Allowed: Building Yes, No
  • Concierge: Doorman Full Time, Concierge Full Time

Fees

  • Association Fee: $16,897.00 Monthly

Financial

  • Sponsor Unit: Yes

Exterior

Construction

  • New Construction: Yes
  • Number Of Units Total: 14
  • Stories Total: 18
  • Structure Type: High Rise
  • Year Built: 2025
  • Building Name: Sixteen Fifth Avenue
  • Entry Level: 1

Features

  • Building Features: Kitchen Facilities
  • Patio And Porch Features: Terrace, Balcony
  • View: City Lights, City, Park/Greenbelt

Interior

Features

  • Appliances: Dishwasher
  • Interior Features: High Ceilings, Storage, Walk-In Closet(s)

Measurements

  • Living Area: 8,327
  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 7
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 8
  • Bedrooms Total: 5
  • Rooms Total: 16

Other

Location

  • City Region: Manhattan
  • Subdivision Name: Greenwich Village
  • Tax Block: 00572
  • Tax Lot: 0041

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes

Frequently Asked Questions

How many bedrooms and bathrooms does this condo have?

There are 5 bedrooms and 7.5 bathrooms in this condo at 16 5th Avenue PH1.

How does 16 5th Avenue PH1 compare to other condos in Greenwich Village?

This condo is listed 875% above the average price for condos in Greenwich Village and has been on the market for 105 less days than the typical home in this area.

What building or home owners association is the condo part of?

This condo is in the Sixteen Fifth Avenue building.

What is the square footage on this condo?

According to the MLS, this listing is 8,327 sqft.

16 5th Avenue PH1 is a 5-bedroom, 7.5-bath condo for sale in New York NY 10011. Listed on Prevu for 4 days at $59,950,000. This residence features 8,327 square feet of living space, located in Greenwich Village. The median listing price for condos in this area is $1,495,000. Additional amenities include private outdoor space, dishwasher, and doorman. Explore more condo listings in Manhattan.

RLS Data display by Prevu Real Estate LLC The Registrant acknowledges each other RLS Broker's ownership of, and the validity of their respective copyright in, the Exclusive Listings that are transmitted over the RLS. The information is being provided by RLS at REBNY Listing Service, Inc. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. 2026 RLS at REBNY Listing Service, Inc. All rights reserved. Based on information from the Real Estate Board of New York and/or other sources. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity. 2026 The Real Estate Board of New York, Inc., All rights reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.