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for saleRealtyLens property overview
$1,195,000

5 W 127th St Ph B

Manhattan, NY, 10027
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2Beds
2Baths
1,024Sqft
$1167$/sqft

Listing Notes

PENTHOUSE PERFECTION JUST IN TIME FOR SUMMER Step into this triple-mint, fully renovated penthouse, where modern luxury meets effortless charm. Boasting a large balcony overlooking serene neighboring gardens and your very own private rooftop terrace with jaw-dropping views, this is the oasis you've been waiting for. The sun-drenched residence features soaring 9-foot ceilings and a thoughtfully designed layout. The windowed kitchen is a chef's dream, outfitted with sleek JennAir appliances and elegant Corian countertops. The expansive great room flows seamlessly to the terrace, creating the perfect indoor-outdoor living experience. The corner primary bedroom offers a tranquil retreat with an en-suite windowed bathroom, complete with heated floors, and generous custom closets. The secondary bedroom is equally inviting, with ample storage space. A second spa-like bathroom, also with heated floors, ensures comfort and convenience for all. The crown jewel is the private rooftop terrace, designed for entertaining or unwinding. Equipped with a built-in barbecue and panoramic views, it's your personal slice of paradise. Additional highlights include split-unit AC, white oak flooring, recessed lighting, and a laundry room with a vented Maytag washer and dryer. This boutique building, constructed in 2012, offers premium amenities such as a gym, bike storage, private storage, a virtual doorman, a secured package room, and a part-time resident manager. With a coveted 421-A tax abatement in place until 2028, this residence combines luxury with smart investment value. Nestled on a picturesque, tree-lined block, this home is the perfect balance of peaceful living and city convenience. Welcome to your dream home!

Market Insights

Above nearby median+17%

$1167/sqft vs a nearby median of $1000/sqft.

Nearby median$1000/sqft
Nearby properties12
Property size1,024 sqft
  • +17% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 1,024 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$1.03M$962k$1.10M · 74% confidence
vs ask $1.20M+$165k (+13.8%)

Asking price is about 13.8% above where comps + adjustments land — there is room to negotiate.

$967/sqft median across 4 tight comps × 1,024 sqft= $990k
  • Transit access+$25k +2.5%
  • Modern construction+$15k +1.5%
Cumulative NYC adjustments+$40k+4.0%

Property Read

FreshnessCurrent market data

The listing facts are current enough for an initial property review.

Market Position+17% vs nearby

The property is priced above the nearby median per square foot, so condition, building quality, and exact location need to justify the higher ask.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read1 item to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
5 days
Last price change
No change recorded
Listed
May 7, 2026
Photos
32 photos
Property type
condos
Status
for sale

Features & Amenities

ElevatorGymOutdoor SpaceSecurity FeaturesNew ConstructionRecreation FacilitiesWasher DryerHigh CeilingEnsuiteViewsBalconyDenGreat RoomSpa Like EnsuiteSpa Like BathroomSoaking Tub

Photos

Building Facts

Year built
2012
Stories
6
Total units
13
Residential units
13
Building area
12,423 sqft
Lot size
3,997 sqft
Land use
Multi-family elevator buildings
Building class
R4

From NYC public records where available.

Price History

May 8, 2026Initial record
$1,195,000for sale

You can also find this listing on StreetEasy.

Listing data sourced from streeteasy.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.