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1 Fifth Avenue, #1617F

$4,995,000 | 2 beds, 2.5 baths
Building Profile  | 
107 days on Market

Key Details

  • Listed: Jul 30, 2024
    Last Price Change: ($500,000) on Oct 2
    Days on Market: 107
    Building Type: Cooperative
    Neighborhood: Greenwich Village (Manhattan)
    Doorman: FT Doorman
    Listing viewed 371 times
Monthly Maintenance: $5,775
Est. Monthly Mortgage: $21,427
Total Est. Monthly Carrying Cost: $27,202
Note: the above is based on a down payment of 35% ($1,748,250), which is the minimum amount permitted by the building.

Insider Highlights

  • Prime Location: Nestled in the heart of historic Greenwich Village, this duplex apartment is situated in one of Manhattan’s most coveted locations. It's proximity to the city’s best dining, culture, shopping, and public transportation makes commuting a breeze.
  • Exquisite Renovation: The apartment has been tastefully renovated, offering a perfect blend of classic style and modern functionality. The modern kitchen is equipped with top-of-the-line Miele appliances and statuary marble countertops.
  • Spacious and Luxurious Living: The duplex apartment offers ample space and privacy with two well-proportioned en suite bedrooms, each with dedicated baths. The primary suite features a walk-in closet and a spa-like primary bath with luxurious Thassos tile and Kallista fixtures.
  • Outdoor Amenities: The apartment boasts a spectacular terrace overlooking Lower Fifth, providing a serene outdoor retreat. The building itself is pet-friendly and features a bike room, laundry room, and many attractive terraces.
  • Full-Service Building: The Art Deco and modern building, designed and built in 1927 by architect Harvey Wiley Corbett, is fully staffed and offers white-glove service by a 24-hour doorman/concierge. It also has a large wood-paneled lobby, an elegant entrance, and a live-in superintendent.
  • Flexible Ownership: The building allows pied-a-terres and up to 3 years of subletting after 18 months of ownership. This flexibility, combined with the building's excellent location and amenities, makes it a highly desirable property.

Description

Perched high on the sixteenth and seventeenth floors of iconic One Fifth is this exquisitely renovated “turn-key” duplex featuring a spectacular terrace overlooking Lower Fifth. Completely transformed in 2020, this home offers a perfect balance of classic style and modern functionality in the heart of Downtown. As you enter the duplex’s first floor, you’re welcomed by the light washed hardwood floors that set the tone for the home’s sophisticated renovation. Custom millwork and recessed art lighting add a layer of refinement throughout the space, highlighting the exceptional craftsmanship.

The expansive planted terrace stretches the full width of the apartment, providing a serene outdoor retreat with open views to Hudson Yards and beyond. The modern kitchen is a culinary masterpiece, featuring top-of-the-line Miele appliances and statuary marble countertops. Upstairs, you will find the home’s well-proportioned two en suite bedrooms with dedicated baths. The primary suite features a walk-in closet and a spa-like primary bath is clad in luxurious Thassos tile and Kallista fixtures.

A state-of-the-art four-zone HVAC system completes this one-of-a-kind turn-key offering. Originally a hotel, 1 Fifth Ave is an Art Deco and modern building designed and built in 1927 by architect Harvey Wiley Corbett. This white-glove cooperative is fully staffed, allows pied-a-terres and up to 3 years of subletting is allowed after 18 months of ownership. Up to 65% financing is permitted. 1 Fifth overlooks Washington Square Park in the heart of historic Greenwich Village and the start of iconic Lower Fifth Ave, one of Manhattan’s most coveted locations with some of the city’s best dining, culture, and shopping.

There is an ongoing operating assessment for $314.33 per month.

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Apartment Amenities

  • Eastern Exposures
Listing courtesy of Compass

Pricing History

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About 1 Fifth Avenue

90

1 Fifth Avenue has received a CityRealty Rating of 90, 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
+
32
Out of 36
+
18
Out of 39
+
10
=
90
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Architectural Masterpiece 8 out of 8 points
Retail Quality:
High-End 5 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
Well Done 1 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:
None 0 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:
3-5 Short Blocks 1 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:
Less Than 3 Short Blocks 2 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:
8-9 Feet 1 out of 4 points
Balconies:
Some 1 out of 3 points
Health Club:
Yes 1 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Considerable 2 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 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:
Yes 1 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Many 2 out of 2 points

Building Amenities

  • Concierge
  • FT Doorman
  • High-Rise
  • Pre War
  • Resident Storage
  • Washer/Dryer in building
  • Elevator
  • Laundry Room
  • Bike Room
  • Landmarked
  • Live-In Superintendent
  • Terraces / Balconies

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Pros
  • Many apartments have excellent views
  • Good public transportation
  • Close to Washington Square Park
  • Large wood-paneled lobby
  • Original Art Deco skyscraper design
  • Some terraces
  • Elegant entrance
  • Prime location on Lower Fifth Avenue
  • Close to Subway
Cons
  • Heavy traffic
  • Not many large units
  • Noisy location
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Subways

  1. N
  2. R
at Broadway and 8th Ave 0.22 miles
  1. M
  2. B
  3. D
  4. F
  5. A
  6. C
  7. E
at 6th Ave and Waverly Pl 0.23 miles
  1. 6
at 4th Ave and East 8th 0.30 miles
  1. Q
  2. 4
  3. 5
  4. L
at Broadway and 14th 0.35 miles
  1. 1
at 7th Ave 0.37 miles
  1. 2
  2. 3
at 6th Ave and 14th 0.38 miles

Aerial Imagery

 

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