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for saleRealtyLens property overview
$14,250,000

16 Fifth Ave # 12

New York, NY, 10011
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3Beds
4.5Baths
3,727Sqft
$3823$/sqft

Listing Notes

Greenwich Village Full-Floor Three-Bedroom with Private Elevator Entry Designed by the acclaimed Robert A.M. Stern Architects, Sixteen Fifth Avenue is an exclusive boutique condominium offering just 12 full-floor residences and two exceptional penthouses in the heart of Greenwich Village. With nearly 50 feet of prime Fifth Avenue frontage, Residence No. 12 is a meticulously crafted three-bedroom, four-and-a-half-bath home that spans an entire floor. A private elevator opens into a gracious entry gallery, leading to a grand great room framed by 7'6 Wausau windows and French inswing doors, flooding the space with natural light. Elegant white oak flooring runs throughout, with a herringbone pattern in the gallery and great room, and five-inch planks in the kitchen and bedrooms. The Christopher Peacock-designed chef's kitchen is a showpiece, featuring an island over 7 feet, custom cabinetry with Lambourne-style polished nickel hardware, and Calacatta Gold marble countertops and backsplash. Top-tier Miele MasterCool appliances, column wine refrigerator, vented range hood, and a discreet pantry with service entrance complete the space. The expansive great room offers flexible design opportunities-ideal for a fourth bedroom with en-suite bath, a media room, or a library. The primary suite, positioned along the tranquil western facade, is a serene retreat. Its five-fixture bath is clad in Calacatta Vision honed marble and features a custom rift white oak vanity, enclosed shower, radiant-heated floors, and Kallista polished nickel fixtures. Two additional bedrooms, each with en-suite baths, are thoughtfully separated from the primary suite and entertaining areas. These baths are finished with Blanco Dolomiti honed mosaic marble and lacquered vanities. A striking powder room features Panzer honed marble throughout, while a spacious laundry room includes a sink and LG washer and dryer. Building Amenities Sixteen Fifth Avenue offers a 24-hour attended lobby, providing a seamless transition from the vibrant energy of Greenwich Village to the privacy of your home. Residents enjoy access to an elegant atrium lounge with a catering kitchen and dining room-perfect for both intimate gatherings and lively celebrations. A custom residents' bar includes individual wine and spirit lockers. Wellness and leisure are elevated with a state-of-the-art fitness center curated by The Wright Fit, a golf simulator, and a tranquility lounge for relaxation. Private storage is also available for purchase. 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.

Market Insights

Above nearby median+53%

$3823/sqft vs a nearby median of $2499/sqft.

Nearby median$2499/sqft
Nearby properties12
Property size3,727 sqft
  • +53% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 3,727 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$9.78M$8.90M$11M · 50% confidence
vs ask $14M+$4.47M (+31.4%)

Asking price is about 31.4% above where comps + adjustments land — there is room to negotiate.

$2,499/sqft median across 11 tight comps × 3,727 sqft= $9.31M
  • Transit access+$233k +2.5%
  • High-density walkability+$186k +2.0%
  • Modern construction+$140k +1.5%
  • Open DOB violations−$93k −1.0%
Cumulative NYC adjustments+$466k+5.0%

Property Read

FreshnessCurrent market data

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

Market Position+53% 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 Read2 items 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
36 days
Last price change
No change recorded
Listed
Apr 6, 2026
Photos
21 photos
Property type
condos
Status
for sale

Features & Amenities

Central AirDoormanGymHardwood FloorsNew ConstructionRecreation FacilitiesMedia RoomLibraryElevatorEnsuiteChefs KitchenDenGreat RoomGolf Course

Photos

Building Facts

Year built
2025
Stories
18
Total units
14
Residential units
14
Building area
1.60 ac
Lot size
5,300 sqft
Land use
Multi-family elevator buildings
Building class
D3

From NYC public records where available.

Price History

May 4, 2026Initial record
$14,250,000for sale

Public Records

DOB violations94 open

96 total recorded against the building

HPD violations0 open

20 total recorded

ACRIS documents83

Tax-lot deed, mortgage, and transfer records on file

311 calls (12 mo)23,486

Top: encampment

Top complaint types in ZIP 10011

  • Encampment3,789
  • Noise - Residential1,437
  • Illegal Parking1,317
  • Homeless Person Assistance1,218
  • HEAT/HOT WATER1,215

Recent DOB

  • Jun 4, 2014V*-DOB VIOLATION - DISMISSED · AEUHAZ1-FAIL TO CERTIFY CLASS 1 NONE
  • Jun 4, 2014V-DOB VIOLATION - ACTIVE · AEUHAZ1-FAIL TO CERTIFY CLASS 1 NONE
  • May 7, 2014V*-DOB VIOLATION - DISMISSED · AEUHAZ1-FAIL TO CERTIFY CLASS 1 NONE
  • May 7, 2014V-DOB VIOLATION - ACTIVE · AEUHAZ1-FAIL TO CERTIFY CLASS 1 NONE

Recent HPD

  • Jun 4, 2025Class A · (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD S WEBSITE, WWW.NYC.GOV\HPD, SEARCH BE...
  • Apr 1, 2024Class A · (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD S WEBSITE, WWW.NYC.GOV\HPD, SEARCH BE...
  • Mar 15, 2023Class A · (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD S WEBSITE, WWW.NYC.GOV\HPD, SEARCH BE...
  • Feb 15, 2022Class A · (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD S WEBSITE, WWW.NYC.GOV\HPD, SEARCH BE...

Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.

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.