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In Contract

40 Fifth Avenue, #11B

$3,495,000 | 2 beds, 2 baths
Building Profile  | 
18 days on Market

Key Details

  • Listed: Nov 3, 2024
    Days on Market: 18
    Building Type: Cooperative
    Neighborhood: Greenwich Village (Manhattan)
    Doorman: FT Doorman
Monthly Maintenance: $5,881
Est. Monthly Mortgage: $11,591
Total Est. Monthly Carrying Cost: $17,472
Note: the above is based on a down payment of 50% ($1,747,500), which is the minimum amount permitted by the building.

Insider Highlights

  • Luxurious Bedrooms: The primary suite features brilliant light and open views, a walk-in closet, and an en-suite windowed bathroom with Greek marble, oversized shower, and radiant heated floors. The second bedroom also offers beautiful light and views, a windowed en-suite bath with Italian Marble and radiant heated floors, a walk-in closet, custom built bookshelves, and custom lighting.
  • Building Amenities: The building provides a full-time doorman for added security and convenience, a beautiful common garden, pet-friendly policies, and a distinctive water tower enclosure. The historic building, with 75 apartments and 17 floors, holds a landmark status.
  • Exquisite Design: The apartment features a formal entry foyer with Italian marble inlay floors, stylish formal dining room with custom millwork, and a windowed Chef’s kitchen with quartzite polished countertops. The primary suite and second bedroom both offer en-suite windowed bathrooms featuring marble and radiant heated floors.
  • Comfort and Convenience: The residence offers a 3 zone central HVAC system for optimal temperature control, abundant closet and storage space, including a large storage room in the basement, and plumbing in place for a washer/dryer to be installed in the kitchen closet. The building amenities include a doorman, elevator, in-unit washer/dryer, fireplaces, and landmark status.
  • Prime Location: This elegant, gut-renovated two-bedroom residence is located in the prestigious Greenwich Village neighborhood, conveniently near Washington Square Park, Union Square, and popular restaurants and shops. The historic, pre-war building offers privacy and exclusivity with only 2 apartments per floor and is in close proximity to the subway for easy commuting.
  • High-End Features: The apartment boasts high 9’ beamed ceilings, a wood-burning fireplace, herringbone floors, custom lighting, and oversized windows offering stunning open city views. The formal dining room features custom millwork and concealed SubZero wine storage, and the windowed Chef’s kitchen is equipped with quartzite polished countertops, a farm sink, custom cabinetry, and high-end appliances.

Description

This elegant XXX-Mint gut renovated two-bedroom residence is on the 11th floor at at 40 5th Avenue, arguably the most distinguished building on Greenwich Village’s Gold Coast. With just 2 apartments per floor, privacy and exclusivity are preserved. 11B has 9’ beamed ceilings, a wood burning fireplace, stunning natural light with beautiful north, south and east views.

Additional features include herringbone floors, custom lighting, 3 zone central HVAC system, abundant closet and storage space and a large storage room in the basement. 40 5th Ave has 24/7 white glove service that includes a doorman, elevator operator, porters and live in super. These are just a few features of this extraordinary home and building.
The formal entry foyer with Italian marble inlay floors gracefully separates the living room in one direction and the formal dining room and kitchen in the other.

The gracious living room is bathed in beautiful natural light with the oversized north facing windows offering stunning open city views highlighted by the breathtaking First Presbyterian Church Spires and lower Fifth Ave…it is a chic sanctuary. The formal dining room is both stylish and graceful. It features a southern exposure, custom millwork and smartly concealed 7’ tall SubZero wine storage.

It is the perfect place for grand scale entertaining or cozy & quiet family time and meals. Directly off of the dining room is the windowed Chef’s kitchen which is classically designed with quartzite polished countertops, a farm sink, custom cabinetry and SubZero, Miele and Viking appliances.
On the other side of the home is the bedroom wing. The primary suite has north and east exposures with brilliant light and open views, a walk-in closet and en-suite windowed bathroom featuring Greek marble, oversized shower and radiant heated floors.

The second bedroom has oversized east facing windows with beautiful light and views, a windowed en-suite bath with Italian Marble and radiant heated floors. It also features a walk-in closet, custom built bookshelves and custom lighting
There is plumbing in place for a W/D to be installed in the kitchen closet as well as a large laundry room in the building’s basement.
40 Fifth Avenue is one of the finest pre-war cooperatives on lower Fifth Avenue’s Gold Coast. The stately 1929 Neo-Georgian building is situated within the Greenwich Village Historic District amongst tree-lined streets and townhomes.

The co-operative prides itself on providing its residents with the highest level white glove service. Lastly, there is a beautiful common garden, the co-op permits pets and 50 percent financing

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Apartment Amenities

  • Washer/Dryer in apt.
Listing courtesy of Prime Manhattan Residential LLC

Pricing History

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About 40 Fifth Avenue

89

40 Fifth Avenue has received a CityRealty Rating of 89, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

30
Out of 44
+
30
Out of 36
+
19
Out of 39
+
10
=
89
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Architectural Masterpiece 8 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
No, but Very Good 3 out of 3 points
Skyline:
Highly Visible 2 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Discrete 1 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
Attractive 2 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
Part of Historic District 1 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Outstanding 5 out of 5 points
Distance To Neighborhood Center:
Less than 10 blocks 5 out of 5 points
Views:
Dazzling 4 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Some 2 out of 3 points
Protected Views:
Many 2 out of 2 points
Distance To Subway:
More than 5 Short Blocks 0 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
Less than 3 Short Blocks 2 out of 2 points
Distance To Park:
3-6 Short Blocks 1 out of 2 points
Distance To Water:
More than 6 Short Blocks 0 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Spacious 4 out of 5 points
Units Per Floor:
5-9 2 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
Some 1 out of 3 points
Health Club:
Yes 1 out of 2 points
Private Gardens:
Yes, but Small 1 out of 2 points
Storage Rooms:
Considerable 2 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
Some 1 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
Yes 1 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
No 0 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Many 2 out of 2 points

Building Amenities

  • FT Doorman
  • High-Rise
  • Pre War
  • Elevator
  • In-Unit Washer/Dryer
  • Fireplaces
  • Landmarked

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Pros
  • Magnificent site between two historic and beautiful churches
  • Close to Subway
  • Private garden
  • Doorman
  • Handsome lobby
  • Nice perimeter landscaping
  • Distinctive water tower enclosure
  • Most elegant high-rise apartment building on Lower Fifth Avenue and in Greenwich Village
  • Private garden
Cons
  • No sundeck
  • No health club
  • No garage
  • Few balconies
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Subways

  1. M
  2. 1
  3. 2
  4. 3
  5. F
  6. L
at 6th Ave and 14th 0.24 miles
  1. N
  2. Q
  3. R
  4. 4
  5. 5
  6. 6
at Broadway and 14th 0.26 miles
  1. B
  2. D
  3. A
  4. C
  5. E
at 6th Ave and Waverly Pl 0.28 miles

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