Triplex Residential Income
16 5TH Avenue PH1, Manhattan, NY 10011
For Sale
$49,990,000
The five-bedroom home spans three levels and includes private terraces, a solarium, and extensive resident amenities.
Property Size8,327 SF
Price / SF$6,003
Days on Market60
Property Features for 16 5TH Avenue PH1
General Information
Standard status
Size
Property subtype
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
24-hour attended lobby
fitness center
tranquility room
library lounge with bar and wine/spirit lockers
atrium dining room with catering kitchen
golf simulator
concierge services
Building Details
Building Size
Year Built
Listing Agency:
Corcoran Sunshine Marketing Group
Listed By:
Tara King Brown · License NY #117817
(917) 371-0551
Source:
Decodenyc
Added: Sep 11
Changed: Nov 8
Last Checked: Nov 8 at 5:05PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Corcoran Sunshine Marketing Group
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Investment Insights
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This three-level penthouse residence contains approximately 8,327 square feet of interior space, with five bedrooms and 7.5 bathrooms. Its layout includes a large living room, library, windowed kitchen, home offices, and a private primary suite with dressing rooms and two marble bathrooms. A solarium, private balcony, and terraces add outdoor areas, including one with an outdoor kitchen. Interior finishes include white oak flooring, custom millwork, and climate control. The building was completed in 2025.
Residents have access to a 24-hour attended lobby, fitness center, tranquility room, library lounge with bar and wine and spirit lockers, dining room with catering kitchen, golf simulator, and concierge services. The residence is at 16 Fifth Avenue in New York City, near Washington Square Park and Greenwich Village.
Residents have access to a 24-hour attended lobby, fitness center, tranquility room, library lounge with bar and wine and spirit lockers, dining room with catering kitchen, golf simulator, and concierge services. The residence is at 16 Fifth Avenue in New York City, near Washington Square Park and Greenwich Village.
Key Highlights
- Approximately 8,327 square feet of interior space and 752 square feet of private outdoor area
- Five bedrooms and 7.5 bathrooms across three levels
- Private primary suite with multiple dressing rooms, balcony, and two marble bathrooms
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
37,510
Businesses Nearby
Explore this area
Business Placement
Demographics for 10011, NY
53,318
Population
35,049
Households
1.5
Avg Household Size
39
Median Age
79%
College-Educated
96%
High-School Grad
0.6 sq mi
ZIP Area
88,863
Density / Sq Mi
$146,571
Median Household Income
$113,503
Median Earnings
$2,868
Median Rent
$1,165,800
Median Home Value
Market
Average Price Trend$/SF for Residential income properties in Manhattan, NY
Properties on Market for Residential income properties in Manhattan
Frequently Asked Questions
What type of property is this?
Residential income property - The five-bedroom home spans three levels and includes private terraces, a solarium, and extensive resident amenities.
Where is this residential income property located?
The property is located at 16 5TH Avenue PH1 Manhattan, NY.
What is the asking price?
The asking price for this property is $49,990,000.
What are key features of this property?
This property features: Approximately 8,327 square feet of interior space and 752 square feet of private outdoor area; Five bedrooms and 7.5 bathrooms across three levels; Private primary suite with multiple dressing rooms, balcony, and two marble bathrooms
