Manhattan condos $1,629/sf 2%Manhattan co-ops $283K/room 5%Central Park perimeterPark Ave $478K/room 19%CPW $350K/room 5%Fifth Ave $501K/room 19%Billionaires' Row $4,272/sf 24%East Village $1,663/sf 10%
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Cooperative · 1951
2 Fifth Avenue
2 Fifth Avenue, New York, NY 10011

2 Fifth Avenue

2 Fifth Avenue, New York, NY 10011

Greenwich Village

BBL 1005510001 · BIN 1008850

At a glance
Year built
1951
Type
Cooperative
Units
343
Floors
20
Landmark
Designated
The Data Room

Every recorded sale at this building, 2003–2026

Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.

1BR median
$1.5M
Recent range
$700K – $4.6M
Listing discount
3.4%
Recorded transfers
329

2 Fifth Avenue occupies the most geographically structural position on Lower Fifth Avenue: the immediate northwest corner of Washington Square Park, anchoring the residential frontage of Washington Square North at the Fifth Avenue terminus. Emery Roth & Sons designed the building for Samuel Rudin of Rudin Management in 1951–52 — the period when the postwar mid-century full-block residential building cycle was reshaping Lower Fifth Avenue, the Upper East Side, and the Upper West Side. The Rhinelander Mansions, which previously occupied the site, were demolished to make way for the new construction — a decision that produced substantial period preservation controversy and that became one of the structural catalysts for the broader Greenwich Village preservation movement that culminated in the 1969 GVHD designation.

The architectural register of the building is mid-century modern at its most consequential: a 20-story white-glazed-brick tower with a five-story red-brick Washington Square North wing connecting the tower to the residential frontage of the park's north side. The white-glazed-brick exterior places the building among the earliest New York residential applications of the material — following Manhattan House at 200 East 66th Street (1950) by approximately a year — and the curved private driveway off Fifth Avenue produces both a defining streetscape presence and the operational infrastructure for full-service building operations.

The building's most consequential cultural register is its long association with former New York City Mayor Edward I. Koch. After Koch's 1989 mayoral loss, the Rudin family — the building's developer — offered Koch an apartment at 2 Fifth in deference to his role as one of the city's most consequential 20th-century political figures. Koch lived at 2 Fifth from 1989 until his death on February 1, 2013, and the building was designated a cultural landmark by the Historic Landmark Preservation Center on December 12, 2013, in his honor. The Koch register is publicly documented, verifiable, and represents the building's deepest cultural-political association.

For buyers, 2 Fifth represents a particular position in the Lower Fifth Avenue market: Washington Square Park-front location, mid-century full-service operational character, and a buyer pool meaningfully shaped by the building's institutional history and political associations.

Architecture and unit composition

The approximately 343 residences distribute across the building's two distinct structural sections — the 20-story tower and the five-story Washington Square North wing. Apartments range from studios through large multi-bedroom configurations.

The tower's mid-century proportions, the white-glazed-brick exterior, and the curved private driveway define the building's architectural identity. The Washington Square North wing produces the architectural transition between the tower and the historic Washington Square North streetscape.

Building operations

2 Fifth operates as a full-service cooperative with full-time doorman, private curved circular driveway off Fifth Avenue, fitness room, on-site laundry, and adjacent garage facilities. The operational infrastructure is consistent with the building's institutional 343-unit scale.

Local Law 97

Carbon-penalty exposure
🟡
Moderate — under today's cap; material modeled 2030 exposure
2024–2029 annual penalty
$0 (under cap)
2030–2034 annual penalty
$76,643/yr
Per unit / month range
$0 – $19
See full Local Law 97 analysis — emissions history, scenarios, methodology →

Facade safety — Local Law 11

Local Law 11 / FISP · last inspection 2020–25
SWARMP
What this means for you

The latest available filing classified the facade as SWARMP — Safe With A Repair and Maintenance Program: the engineer identified conditions requiring monitoring or repair before the next inspection cycle. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials for you.

Inspection history
2005–10
Safe
2010–15
Safe
2015–20
Safe
2020–25
SWARMP
2025–30
Due
Next report due
by Feb 2029
On record
$8,000 in filing penalties
The three grades, in buyer terms
SafeLatest filing: Safe — no repairs required at that inspection.
SWARMPLatest filing: repairs required before the next inspection cycle.
UnsafeLatest filing: unsafe conditions requiring corrective action.

QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent). Source: NYC DOB facade filings (FISP) · The Roebling Research Library.

See the full facade history →

Management & transfer contacts

Managing agent
Flip tax
2% of gross purchase price (transfer tax), payable by buyer or seller
Sublet policy
Corporate sublet fee 25% of annual maintenance
Notable fees
Sublet renewal corporate fee $10/share/year
Transfer facts compiled by The Roebling Team · as of 2026-07. Confirm current policies and fees with the managing agent before contract.

Recent sales

Recent transfers at this building, curated by The Roebling Team research desk. Apartment-level facts are independently verified before publishing; sale prices reflect the recorded transfer amount at the NYC Department of Finance.

DateUnitApartmentPricePPSFvs. Ask
Jun 24, 20262U
1 BA
$700,000-3.4%
Mar 24, 20265B
1 BA
$730,000-2.7%
Jan 6, 20265F
1 BR · 1 BA
$1,475,000-1.3%
Nov 25, 202517R
1 BR · 1 BA
$2,116,440-3.6%
Nov 24, 20252E
1 BA
$805,000-19.1%
Nov 19, 202518C
1 BR · 1.5 BA
$2,214,397-5.8%
Oct 1, 202517H
1 BR · 1 BA · 766 sf
$1,881,773$2,457/sf-1.0%
Sep 11, 20254P
2 BR · 2 BA
$2,450,000-1.8%

Market read. $/sf is measured on the latest sales with reliable square footage (2025): a median $2,457/sf across 1 sale. The building has traded as recently as 2026. Median listing discount 2.5% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.

The retrade record

Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.

17N+133%
$825,000 2009$1,925,000 2022
11P+121%
$1,195,000 2003$1,195,000 2010$2,640,000 2024
10S+119%
$830,000 2004$860,000 2009$1,650,000 ($1,650/sf) 2015$1,815,000 2023
9S+103%
$825,000 2009$1,675,000 2017
7C+88%
$1,025,500 2010$1,375,000 2013$1,925,000 2017

Other recent transfers

DateUnitPrice
Nov 4, 20035T$675,000
View all 329 recorded transfers, sortable

Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.

Sales sourced from NYC Department of Finance recorded transfers (BBL 1-00551-0001) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage on co-ops is not officially recorded, figures shown are approximate.

What to know if you’re buying

The Washington Square Park frontage is structural. No other Lower Fifth Avenue building offers comparable park frontage and proximity to the park's social and cultural infrastructure.

The mid-century construction produces full-service operational character. Doorman, driveway, garage, fitness — the institutional amenity package consistent with the postwar mid-century building cycle.

The 343-unit scale is meaningful. Substantially larger than the corridor's prewar boutique cooperatives, producing a fundamentally different building culture and operational character.

The Koch register is real cultural history. The mayor's residence from 1989 to 2013, the Historic Landmark Preservation Center cultural-landmark designation, and the broader political-institutional history of the building represent verifiable and meaningful cultural context.

Verify policy specifics during due diligence. Pet policy, pied-à-terre permissions, subletting framework, financing percentages, and flip-tax structure should all be confirmed against current management documents.

What to know if you’re selling

Marketing should emphasize the Washington Square Park frontage and the cultural-institutional context. No other Lower Fifth Avenue building can claim equivalent park frontage; the Koch register and the Rudin family / Emery Roth & Sons architectural pedigree differentiate the building meaningfully within the corridor.

Pricing requires apartment-level comparable analysis. The 343-unit inventory and the substantial variation in apartment configurations and exposures produces meaningful pricing variation; recent comparables on the specific apartment line should anchor positioning.

Closing timelines are cooperative-standard. Plan for 60–90 days from contract through approval to closing.

Comparable buildings

If you're considering 2 Fifth Avenue, also evaluate:

The neighborhood

For the full corridor — architecture, schools, transit, and pricing across Greenwich Village — read The Roebling Team Guide to Greenwich Village.

Preparing a board package for this building?

The full playbook — what goes in the package, how boards read your financials, the interview, and the timeline — plus sample cover, reference, and personal letters you can adapt.

Considering a move at 2 Fifth Avenue?

Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.

Prefer to speak directly? Schedule a consultation →
Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com
Considering a sale?

Own an apartment here? See what it would sell for.

A Private Pricing Opinion — what your apartment at 2 Fifth Avenue would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.