16 5TH Avenue PH1
$49,990,000
MLS# RLS20105933 · Greenwich Village
Listed September 11, 2026 · 58 days on the market
5 Beds 8 Baths 8,327 Sq.Ft.
About This Property
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.
Curtis Bain
Brown Harris Stevens
Property Features
Policies
- Pets allowed
Home features
- Central air
- City lights view
- City view
- Downtown view
- Park view
- Skyline view
- Dishwasher
- High ceilings
- Storage
- Walk-in closets
- Balcony
- Juliet balcony
- Private outdoor space (over 60 sq ft)
- Terrace
Building amenities
Services and facilities
- Bike room
- Concierge
- Kitchen facilities
Wellness and recreation
- Golf simulator
Estimate
Monthly Cost & Closing Costs
The rate is a placeholder, not a quote. Enter the one your lender gives you.
$269,674 / month
- Principal and interest$252,777
- Common charges$16,897
Due at closing
- Down payment (20%)$9,998,000
- NYS “mansion tax” (3.9%)$1,949,610
- Mortgage recording tax (1.925%)$769,846
Not included: attorney, title insurance, lender and appraisal fees, board application and move-in fees, flip tax and prepaid items. Estimates only, based on the published New York State rates. Your attorney and lender will confirm the real figures.
Location & Nearby
Map
Loading map…
16 5TH Avenue PH1
Subway
- ABCDEFMW 4 St-Wash SqAbout 6 min walk · Accessible
- RW8 St-NYUAbout 6 min walk
- 456LNQRW14 St-Union SqAbout 8 min walk · Accessible
- 6Astor PlAbout 8 min walk
Parks
- Washington Square ParkAbout 3 min walk
- Union Square ParkAbout 8 min walk
Public schools · Elementary schools
- P.S. 41 Greenwich VillageAbout 7 min walk
- Sixth Avenue Elementary SchoolAbout 11 min walk
- Success Academy Charter School - Union Square · CharterAbout 13 min walk
Middle schools
- Great Oaks Kathleen Sherry Charter School · CharterAbout 10 min walk
- M.S. 297About 16 min walk
High schools
- Harvest Collegiate High SchoolAbout 7 min walk
- Harvey Milk High SchoolAbout 7 min walk
Colleges & universities
- New York Studio SchoolAbout 2 min walk
- New York UniversityAbout 3 min walk
- The New SchoolAbout 5 min walk
- Long Island University (Brooklyn)About 6 min walk
Museums
- Yeshiva University MuseumAbout 10 min walk
- Merchant's House MuseumAbout 10 min walk
- The Ukrainian MuseumAbout 13 min walk
- Ukrainian MuseumAbout 13 min walk
Walking times are estimates. Schools shown are the nearest public and charter schools and are not zone assignments; a nearby school is not necessarily the one an address is zoned for. Confirm zoning with the NYC Department of Education. Sources: MTA, NYC Parks and NYC Department of City Planning open data.
The Neighborhood
About Greenwich Village
A landmark neighborhood of historic townhouses, cultural prestige, and timeless downtown elegance.
Walkability
10/10
Public transit
9/10
Schools
7/10
Dining
10/10
Groceries & parks
8/10
Schools in Greenwich Village
Progressive private education options, strong downtown school access, and a tradition of academic excellence.
Private schools in the area include Grace Church School, The New School.
Gallery
Property Photos
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. ©2026 The Real Estate Board of New York, Inc., All rights reserved.