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

1 Fifth Avenue, #PH18EF

$5,950,000 -8.5% | 2 beds, 2 baths
192 days on Market

Key Details

  • Listed Oct 12, 2020
    Last Price Change -8.5% ($550,000) on Apr 9
    Days on Market 192
    Building Type Cooperative
    Neighborhood Greenwich Village
  • Monthly Maintenance $6,310
    Minimum Down Payment 35%
    Doorman FT Doorman

Description

Best Terrace at One Fifth Avenue with mesmerizing City views! Located in the Tower of legendary One Fifth Avenue, Penthouse 18EF is an alluring loft-like unit with 2 stunning private terraces and breathtaking New York City views. Upon arrival, sweeping southern views greet you through oversized panoramic windows, while stepping onto the terraces, imposing City views take your breath away: to the South from celebrated Washington Square Park expanding beyond the Freedom Tower, to the North showcasing the Empire State building and boasting fascinating views as far as the eye can see! While embracing the architectural traits of the iconic Art Deco building, Penthouse 18EF was recently fully reimagined and redesigned to meet the demand of a contemporary lifestyle: its open-concept floor plan combined with its mesmerizing views generate an inspiring backdrop seamlessly connected to the city's most artistic and creative neighborhood! Meticulously renovated with highest standards of finishes and attention to details, Penthouse 18EF is a pristine combination of 2 units. Currently set up as an oversized 1 bedroom with 2 baths, it can easily be reverted to 2 bedrooms (see an alternate floor plan proposal attached).

Its light- flooded loft-like space comprises a sprawling living-dining area with several accesses to the decked terraces, an oversized bar-sitting chef's kitchen with top-of-the-line appliances, and an intimate bedroom suite with stunning views and direct entrance to the terrace. One Fifth Avenue is a legendary Art Deco building located at the entry of Fifth Avenue's Gold Coast. Its recognizable landmark profile belongs to Washington Square Park views and Greenwich Village's skyline.

Built in 1929 as a luxury hotel by lead design architect Harvey Wiley Corbett, One Fifth Avenue is acclaimed today as one of the most coveted luxury co-ops in all downtown Manhattan. Its magnificent landmark two-story lobby was recently restored and its hallways renovated in 2019. Residents at this exclusive address enjoy the convenience of having a live-in superintendent, 24-hour doormen, and porters.

Pied-a-terre allowed. Pet friendly. Virtual and in-person appointments available. PROPERTY FEATURES: Iconic Prewar Downtown Co-op Building Legendary Greenwich Village, Gold Coast address Awe-inspiring New York City views: South, West and North Private wrap-around terraces Contemporary style Penthouse Pied-a-Terre allowed INTERIOR FEATURES: Picture windows Open loft floor plan Imposing Chef's kitchen Spa Bathroom Custom Walk-in closet Central A/C EXTERIOR FEATURES: Sprawling wrap around terraces One-of-a-kind skyline NYC views: South, West and North Majestic direct Washington Square Park views BUILDING AMENITIES: Live-in superintendent Storage Bike room Function Room Laundry Room Pet Friendly

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Apartment Amenities

  • City View
  • Park View

Estimated Monthly Cost

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

 
About this Building

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Listing provided courtesy of Sothebys Intl Realty