16 5th Avenue, Unit PH2

$45,000,000
Price
5
Beds
6,823 Sq. Ft.
$6,595 / Sq. Ft.
6,823
Sq. Ft.
$6,595
per Sq. Ft.

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"...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.
  1. Listed by Tara King Brown • Corcoran Sunshine Marketing Group
    P: (917)-371-0551 tara.kingbrown@corcoransunshine.com

Property Details for 16 5th Avenue, Unit PH2

View
City, Downtown, Skyline

Open Houses

Saturday, Dec 6th

11:00 AM - 1:00 PM

By Appointment Only

LISTING UPDATED: 12/03/2025 12:09 PM

Property Details for 16 5th Avenue, Unit PH2

StatusActive
MLS IDRLS20056929
Days on Market39
Taxes$9,011 / month
Common Charges$13,721 / month
Min. Down Pymt80%
Total Rooms11.0
Compass TypeUnitDuplex
MLS TypeCondominium
Year Built2025
CountyNew York County

Location

Listing Courtesy of Corcoran Sunshine Marketing Group
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Building Information for 16 5th Avenue, Unit PH2

Building/ComplexSIXTEEN FIFTH AVEFloor-Stories18Residences14Pet Policy-Pet Policy DetailsUnitNoYear Built2025Building Age-

Payment Calculator

$78,322 per month

30 year fixed, 6.28% Interest

Principal and Interest

$55,590

Property Taxes

$9,011

Maintenance/Common Charges

$13,721

The Payment Calculator is for illustrative purposes only.

Property Information for 16 5th Avenue, Unit PH2

Summary
Location and General Information
  • Subdivision Name: Greenwich Village
  • Stories Total: 18
  • Exposures: East, West, North, South
  • Garage Spaces: 0.0
  • View: Yes
  • Zoning Description: R10
Taxes and HOA
  • Tax Lot: 0041
  • Tax Deduction Percent: .00%
  • Tax Block: 00572
  • Association Fee Frequency: Monthly
  • Flip Tax: $0
  • Building Tax Lot: 0041
  • Tax Monthly Amount: 9011.0
  • Tax Abatement YN: false
Parking
  • Garage: No
  • Garage Spaces Assigned YN: false
Property
Lot Information
  • Living Area: 6823.0
  • Living Area Units: SquareFeet
  • Building Name: SIXTEEN FIFTH AVE
Building Information
  • Building Features: BikeStorage, Concierge, Elevators, GolfSimulatorRoom
  • Landmark Status YN: false
  • Building Laundry Features: Other
  • Building Pets Allowed: BuildingYes
  • Building Pets Allowed Comments: no
  • Capital Reserves YN: false
  • Green Building YN: false
Property and Assessments
  • New Development: Yes
  • Sponsor Unit: Yes
  • Certificate Of Occupancy: Yes
  • Percent Of Common Elements: .00%
  • Common Interest: Condominium
  • Number Of Shares: 0
  • New Construction: Yes
  • Structure Type: HighRise
  • Property Condition: Excellent
Interior and Exterior Features
Exterior Features
  • Basement: Other
  • Exterior Features: None
  • Patio And Porch Features: Terrace
Interior Features
  • Cooling: Zoned
  • Entry Level: 18
  • Fireplace: No
  • Dining Type: Alcove
  • Kitchen Condition: Excellent
  • Floor Number: 18
  • Basement: No
  • Cooling: Yes
  • Laundry Features: WasherHookup, InUnit
  • Bathroom Condition: Excellent
  • ElevatorsTotal: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 14
Rental
Rental Information
  • Pets Allowed: UnitNo
  • Attendance Type: DoormanFullTime, ConciergeFullTime
  • Land Lease: No
  • Pets Allowed Comments: no

Property History for 16 5th Avenue, Unit PH2

DateEvent & SourcePriceAppreciationLink
Oct 27, 2025

Listed (Active)

RLS RESO #RLS20056929

$45,000,000
DateEvent & SourcePrice
10/27/2025

Listed (Active)

RLS RESO #RLS20056929

$45,000,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 16 5th Avenue, Unit PH2

This home is within New York City Geographic District # 2.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 6 to 8
Public - 6 to 8
Rating
School
Distance
P.S. 41 Greenwich Village
PublicPK to 5

Middle 297
Public6 to 8

Nyc Lab Ms For Collaborative Studies
Public6 to 8

Lower Manhattan Community Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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16 5th Avenue, Unit PH2 is for sale in Greenwich Village. This property was listed for sale on October 27, 2025 by Corcoran Sunshine Marketing Group, it's currently listed at $45,000,000. This listing's school district is New York City Geographic District # 2. Nearby schools include P.S. 41 Greenwich Village, Middle 297 and Nyc Lab Ms For Collaborative Studies. 16 5th Avenue, Unit PH2 is a 5-bed, 8-bath, 6,823 sqft built in 2025.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Corcoran Sunshine Marketing Group

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2025, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY 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. ©2025 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2025 The Real Estate Board of New York, Inc., All rights reserved.