--- title: "16 5th Avenue #PH1, New York City, NY 10011" description: "16 5th Avenue #PH1, New York City, NY 10011 — Townhouse in Greenwich Village, Manhattan, NY. Listing Price $59,950,000. 5 bed, 8 bath, 8,327 sqft Illustrative Buyer Commission Share of $899,250 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/16-5th-avenue-ph1-ny-10011" source: "Real Estate Rebate Team" dateModified: "2026-09-11T22:12:33.216Z" status: "Active" --- # 16 5th Avenue #PH1, New York City, NY 10011 Townhouse in Greenwich Village, Manhattan, NY Courtesy of Corcoran Sunshine Marketing Group Last updated: September 11, 2026, 6:12 PM ## At a Glance - **Listing Price**: $59,950,000 - **Beds**: 5 - **Total Baths**: 8 - **Sqft**: 8,327 - **Common Charges**: $16,897 / mo - **Price per Sqft**: $7,199 - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $59,950,000 - **Illustrative Buyer Commission Share**: -$899,250* - **Illustrative Net Cost**: $59,050,750 *Illustrative Buyer Savings of $899,250 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (10) ![16 5th Avenue #PH1, New York City, NY 10011 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e44a3d1d-05e9-4273-b6d0-6bbaa550173d.jpg) ![16 5th Avenue #PH1, New York City, NY 10011 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/8f64b85b-9552-43e6-9ab2-99b6713881f0.jpg) ![16 5th Avenue #PH1, New York City, NY 10011 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e3d43fb4-10ed-4bd1-87fb-b1521d697fa1.jpg) ![16 5th Avenue #PH1, New York City, NY 10011 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/acbdb8e1-6303-4499-b514-9559a401322a.jpg) ![16 5th Avenue #PH1, New York City, NY 10011 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/8b4cca80-12b0-4842-8155-52a8c992ea9d.jpg) ![16 5th Avenue #PH1, New York City, NY 10011 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7d0ce268-66eb-4fab-96fe-61f85682797a.jpg) ![16 5th Avenue #PH1, New York City, NY 10011 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ef0a4189-8261-4ba6-bc3c-c2eb5c73d8cb.jpg) ![16 5th Avenue #PH1, New York City, NY 10011 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b0a300a3-285f-42c0-b272-22da724e13f8.jpg) ![16 5th Avenue #PH1, New York City, NY 10011 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5bfd1c50-e88d-463c-b964-e2dc668edce8.jpg) ![16 5th Avenue #PH1, New York City, NY 10011 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ede701e7-17e6-4117-9c4d-e30a6a07b071.jpg) ## Property Overview 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. ## Property Details - **Property Type**: Triplex - **Beds**: 5 - **Total Baths**: 8 - **Rooms**: 16 - **Sqft**: 8,327 sqft - **Stories**: 18 - **Year Built**: 2025 - **Price per Sqft**: $7,199 - **Common Charges**: $16,897 / Monthly - **Listed On**: Sep 11, 2026 - **Days on Market**: 2 Days ### Residence Features - Central Air - Building Other - Balcony - Juliet Balcony - Private Outdoor Space Over 60 Sqft - High Ceilings - Storage - Walk-In Closet(s) - Dishwasher - City Lights - City - Park/Greenbelt ## Sales Evidence ### Recent closed sales 9 apartments at SIXTEEN FIFTH Avenue have recorded sales since September 2021, the most recent for $12,200,000 in June 2026. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | 8 (Apartment) | 3 | 3,727 | $12,200,000 | $3,273/ft² | June 11, 2026 | City record · MLS | | 18 (Apartment) | 4 | 3,727 | $16,500,000 | $4,427/ft² | May 18, 2026 | City record · MLS | | PH2 (Apartment) | 5 | 6,823 | $32,500,000 | $4,763/ft² | April 30, 2026 | City record | | 5 (Apartment) | 3 | 3,727 | $11,250,000 | $3,019/ft² | April 30, 2026 | City record · MLS | | 3 (Apartment) | 3 | 3,727 | $9,999,995 | $2,683/ft² | April 28, 2026 | City record · MLS | | 15 (Apartment) | 3 | 3,727 | $14,500,000 | $3,891/ft² | April 24, 2026 | City record · MLS | | 16 (Apartment) | 3 | 3,727 | $15,400,000 | $4,132/ft² | April 20, 2026 | City record · MLS | | 9 (Apartment) | 4 | 3,727 | $12,250,000 | $3,287/ft² | April 7, 2026 | City record | | 6 (Apartment) | 4 | 3,727 | $11,000,000 | $2,951/ft² | April 6, 2026 | City record | Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below. Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for. [See every recorded sale at SIXTEEN FIFTH Avenue](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/sixteen-fifth-avenue) ## About The Building ### SIXTEEN FIFTH Avenue Greenwich Village · Duplex 16 5th Avenue, New York, NY 10011 A building in Greenwich Village, currently featuring 3 active listings. - **Year Built**: 2025 - **Total Units**: 3 - **Floors**: 18 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/sixteen-fifth-avenue) ### Available Residences — For Sale (3) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [PH1](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/16-5th-avenue-ph1-ny-10011) | 5 | 8 | 8,327 sqft | $7,199 | $59,950,000 | Corcoran Sunshine Marketing Group | Sep 11, 2026 | 1 days | | [10](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/16-5th-avenue-10-ny-10011) | 4 | 5 | 3,727 sqft | $3,622 | $13,500,000 | Corcoran Sunshine Marketing Group | Sep 11, 2026 | 1 days | | [7](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/16-5th-avenue-7-ny-10011) | 3 | 5 | 3,727 sqft | $3,220 | $12,000,000 | Corcoran Sunshine Marketing Group | Sep 11, 2026 | 1 days | ## Estimated Monthly Payment **$320,037 / month**, assuming a 20% down payment ($11,990,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $303,140 - **Common Charges**: $16,897 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Potential NYC Second-Home Tax This property may be subject to New York City’s non-primary residence surcharge if it is not used as a qualifying primary residence. The surcharge is based on the NYC Department of Finance market value, not the listing price. [Estimate the Potential Surcharge](https://realestaterebatesnewyork.com/calculators/nyc-second-home-tax-calculator) ## Greenwich Village The Heart of Bohemian NYC [Explore Greenwich Village](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/greenwich-village) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Greenwich Village - [NoHo real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/noho) - [West Village real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/west-village) - [SoHo real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/soho) - [Nolita real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/nolita) - [Gramercy real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/gramercy) - [Flatiron District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/flatiron-district) ## Related Links - [SIXTEEN FIFTH Avenue — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/sixteen-fifth-avenue) - [Greenwich Village neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/greenwich-village) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > RLS IDX Data display by Real Estate Rebate Team. 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. > All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.