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A blog from CityRealty (Links below will take you to the 6sqft site)
In Contract

1 Fifth Avenue, #11HJK

$5,250,000 ($1,944 per ft2) -24.9% | 4 beds, 3.5 baths | Approx. 2,700 ft2
653 days on Market

Key Details

  • Listed Nov 26, 2019
    Last Price Change -24.9% ($725,000) on Jul 22
    Days on Market 653
    Building Type Cooperative
    Neighborhood Greenwich Village
    Doorman FT Doorman
    Listing viewed 2,261 times
Monthly Maintenance $8,369 ($3.10/ft2)
Total Taxes & Fees $8,369 ($3.10/ft2)
Est. Monthly Mortgage $14,387
Total Est. Monthly Carrying Cost $22,756 ($8.43/ft2)

Description

Incredible Price Reduction! Incredible Value! Truly a once in a lifetime opportunity to own a sprawling home in Greenwich Village’s coveted One Fifth Avenue.

This Gold Coast home has an incredibly flexible floor plan with 4 bedrooms, 3.5 bathrooms, and a separate dining room. Grand in scale and boasting some of the most beautiful southern, eastern and northern views of downtown NYC, this home is a must see! . Enter apartment 11HJK down a 41 ft long gallery (hallway space was purchased and incorporated into the home to create a dramatic and useful entry) with it’s beautiful detailed illuminated coved ceiling perfect for displaying your fine art. At the end of the hallway is the extra large eastern facing windowed kitchen.

Furnished with stainless steel appliances, bamboo flooring and cabinetry, the kitchen is easily made larger, can be opened and or incorporated into your great room.


Directly off the kitchen you enter the great room. You are immediately awestruck by the expansive size of the room 15’ X 28’ 7", perfect for entertaining. There are 4 extra-large windows, 2 southern and 2 eastern facing.

The southern facing showcase the unobstructed stunning and incomparable views of Washington Square Park, the Freedom Tower and all of downtown NYC. The sun drenched eastern facing windows boast unobstructed views of the Washington Mews with its gorgeous cobblestone road and beautifully preserved stable houses. Directly off the other side of the kitchen, find the large dining room with 2 northern facing windows and tons of closet space, perfect for housing your fine china, tableware and so much more.

A table of 12 sits comfortably in this bonus room.


There are 2 winged master bedrooms, both sun drenched -one southern facing over the park with unobstructed downtown views and the other eastern facing with unobstructed city views all the way up 8th street. Both have dressing areas and en-suite bathrooms.

There is a third bedroom off the dining area, also with a sunny eastern facing exposure and en-suite windowed bathroom. The fourth room is flexible and can be used as a large office, bedroom or media room.


The options are endless is this spectacular unique home.

By appointment only.


There is a small on-going assessment of $489.59/month for this home.


One Fifth Avenue is one of the finest full service white-glove co-ops in NYC with a 24 hr doorman/concierge, live in super and laundry facilities. The landmarked and spectacular lobby has recently been beautifully restored and all hallways updated enhancing the already beautiful building.

Built in 1927 by world renowned architect Harvey Wiley Corbett, the building has historical significance and sits at the heart of one of New York City’s most famous and culturally significant neighborhoods. This co-op requires 35% down, allows pied-a-terres and is pet friendly.

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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
  • Co-op
  • Built in 1927
  • 184 Apartments
  • 27 Floors

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

Aerial Imagery

 

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Listing provided courtesy of Compass