Listing Courtesy of Corcoran Sunshine Marketing Group
$45,000,000
Potential Rebate: $675,000
<strong> Sixteen Fifth Avenue</strong><br> <strong> PH2 Listing Description</strong><br> <br> Penthouse 2 is a sprawling 6,823-square-foot duplex home with private outdoor space, offering five bedrooms and seven-and-a-half baths. With four exposures, this home showcases sweeping views of Washington Square Park, Downtown Manhattan, and the New York City skyline. <br> <br> The elevator opens into a private vestibule leading to a formal entry gallery. The expansive east and south-facing corner great room features herringbone-patterned 5" wide-plank white oak flooring and an adjoining terrace, both with iconic Fifth Avenue views. The windowed corner chef's kitchen, designed by Christopher Peacock, features terrace access for outdoor dining along with Fifth Avenue views. Finishes and appliances include Calacatta Gold honed marble countertops and backsplashes, custom cabinetry with Lambourne-style polished nickel hardware, and top-of-the-line Miele MasterCool appliances including dual dishwashers and sinks with Kallista polished nickel faucets, a refrigerator/freezer, warming drawer, gas cooktop, oven, speed oven, vented hood, and a standalone wine refrigerator. A butlery, breakfast nook, and formal dining room complete the culinary experience.<br> <br> The primary bedroom wing is a private retreat with three dressing rooms, a terrace overlooking Fifth Avenue, and two luxurious primary bathrooms featuring Calacatta Vision honed marble walls and floors with a mosaic inlay, custom rift white oak vanities with marble countertops, a Kallista freestanding tub, an enclosed shower with Calacatta marble walls and floors, and radiant heat flooring.<br> <br> A private guest suite and a windowed home office offer flexibility and privacy, while a service hall and utility room with LG washer/dryer provide convenience. The home is equipped with a year-round with a dedicated VRF heating and cooling system, with individually controlled thermostats in each room.<br> <br> Secondary bathrooms feature Blanco Dolomiti marble premium honed mosaic flooring and walls, lacquered vanities with white wooden stone countertops, a tub or shower, and Kallista polished chrome fixtures and fittings including a hand shower. The powder room features a Panzer honed marble vanity, feature wall, and flooring, a Kallista unlacquered brass faucet, and a Kohler sink.<br> <br> Set within a classical 18-story condominium designed by Robert A.M. Stern Architects, the building features a hand-laid brick and limestone facade adorned with elegant Juliet balconies and detailed setbacks. Oversized 7'-6" Wausau windows with French inswing-style double casements flood the interiors with natural light.<br> <br> Residents enjoy a full suite of amenities, including a 24-hour attended lobby and concierge, an atrium lounge with a skylight, a decorative fireplace, and a catering kitchen, a dining room, and a custom bar with individual wine and spirit cabinets. The building also offers a fitness center curated by The Wright Fit, a golf simulator suite, a tranquility lounge, private storage, bicycle storage, and a mail and package room with cold storage.<br> <br> <br> THE COMPLETE OFFERING TERMS ARE IN AN OFFERING PLAN AVAILABLE FROM SPONSOR FILE NO . CD22-0103. SPONSOR: FIFTH AVENUE OWNERS GROUP LLC, 520 MADISON AVENUE, SUITE 3501, NEW YORK, NEW YORK 10022. ANY DEPICTIONS OF PERSONAL OR CONDOMINIUM PROPERTY, INCLUDING, WITHOUT LIMITATION, ANY FURNITURE, DECORATIONS, EQUIPMENT, FURNISHINGS, FINISHES, FIXTURES, APPLIANCES, OR LANDSCAPING, ARE FOR ILLUSTRATIVE PURPOSES ONLY AND MAY NO T REPRESENT THE ITEM ACTUALLY BEING DELIVERED OR THE PRECISE LOCATION OF SUCH ELEMENT. PROSPECTIVE PURCHASERS SHOULD NO T RELY UPON THESE DEPICTIONS AND ARE ADVISED TO REVIEW THE COMPLETE TERMS OF THE OFFERING PLAN FOR FURTHER DETAILS AS TO TYPE, QUALITY AND QUANTITY OF MATERIALS, APPLIANCES, EQUIPMENT AND FIXTURES TO BE INCLUDED IN THE UNITS, AMENITY AREAS AND COMMON AREAS OF THE CONDOMINIUM. ALL DIMENSIONS, MEASUREMENTS, AND SQUARE FOOTAGES ARE APPROXIMATE AND SUBJECT TO NO RMAL CONSTRUCTION VARIANCES AND TOLERANCES. SQUARE FOOTAGES EXCEED USABLE FLOOR AREA. PLANS AND DIMENSIONS MAY CONTAIN MI NO R VARIATIONS FROM FLOOR TO FLOOR. EACH UNIT SHOULD BE INSPECTED TO DETERMINE ITS ACTUAL DIMENSIONS, LAYOUT AND PHYSICAL CONDITION PRIOR TO CLOSING. SPONSOR RESERVES THE RIGHT TO MAKE CHANGES IN ACCORDANCE WITH THE TERMS OF THE OFFERING PLAN, AS AMENDED. SPONSOR MAKES NO REPRESENTATIONS OR WARRANTIES EXCEPT AS SET FORTH IN THE OFFERING PLAN. EQUAL HOUSING OPPORTUNITY.
$236,082 per month
30 year fixed, 6.28% Interest
One-time rebate at closing
$675,000
Monthly savings impact
$1,875/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
2.5%
Experience
Member
Listings
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. ©2025 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 for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Corcoran Sunshine Marketing Group
Data Source: TRESTLE #RLS20056929

Compare average listing prices and value metrics for SIXTEEN FIFTH Avenue against the surrounding Greenwich Village market.
than the Greenwich Village price-per-sq-ft average
This building commands a premium compared to the neighborhood baseline. This typically indicates superior amenities, newer construction, or prime positioning within Greenwich Village.
Greenwich Village (or just "The Village") is charming, historic, and iconic. Known for Washington Square Park and NYU.
\nClassic brownstones, pre-war co-ops, and historic townhouses. One of the most expensive and desirable markets in the world.
\nIntellectual and vibrant. Filled with jazz clubs (Blue Note), comedy cellars, and cafes.
\nServed by A/B/C/D/E/F/M at West 4th. Connectivity is superb.
\nWashington Square Park is the bustling center of life. NYU gives the area a collegiate energy.
\nBest for students (wealthy ones), celebrities, and lovers of classic NY charm.

You can also call me anytime at +1 (315) 514-0164