2 Fifth Avenue
2 Fifth Avenue, New York, NY 10011
BBL 1005510001 · BIN 1008850
- Year built
- 1951
- Type
- Cooperative
- Units
- 343
- Floors
- 20
- Landmark status
- Not an individual landmark; in the Greenwich Village Historic District
- NYC Landmarks Preservation Commission records, updated February 2026
- Flip tax
- 2% of the purchase price, paid by the seller
- Doorman
- Doorman (hours not stated)
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
- 3.5%
- Recorded transfers
- 333
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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.
Application and transaction fees
Fees below are from building management's published schedule, as of September 2026. They are shown as published, item by item; no total is added because the total depends on the transaction. Deposits are listed apart from nonrefundable charges.
- Terms
- 2% of the gross purchase price paid by EITHER Buyer or Seller
- Rate
- 2% of the purchase price
- Paid by
- Seller
Source: building management's published schedule, as of September 2026
Purchase
6 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing FeeConditional | Paid by Buyer | When With the application | Amount $600 or $1,000 (Trust Purchase - if permitted by Corporation) | Refundable Not stated |
| Application Processing Fee for Co-applicant or GuarantorPer applicant | Paid by Buyer | When With the application | Amount $250 per Co-applicant/ Guarantor | Refundable Not stated |
| Backgorund Report FeeConditional · Per applicant | Paid by Buyer | When With the application | Amount $125 per applicant (additional $75 for criminal check if required by the Board) | Refundable Not stated |
| Financing FeeConditional | Paid by Buyer | When With the application | Amount $300 (if financing) | Refundable Not stated |
| Lead Based Paint Disclosure FeePer applicant | Paid by Buyer | When With the application | Amount $75 per applicant | Refundable Not stated |
| Sale by an Estate or Trust - Closing FeePer share | Paid by Seller | When At closing | Amount $1,000 plus $0.05 per share | Refundable Not stated |
Sublet
7 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing Fee | Paid by Shareholder | When With the application | Amount $250 | Refundable Not stated |
| Lead Based Paint Disclosure Fee | Paid by Shareholder | When With the application | Amount $75 | Refundable Not stated |
| Background Report FeeConditional · Per applicant | Paid by Subtenant | When With the application | Amount $125 per applicant (additional $75 for criminal check if required by the Board) | Refundable Not stated |
| Sublet Application Fee | Paid by Subtenant | When With the application | Amount $300 | Refundable Not stated |
| Corporate Sublet FeeRecurring | Paid by Shareholder | When With the application | Amount 25% of the Annual Maintenance | Refundable Not stated |
Sublet renewal
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing Fee | Paid by Shareholder | When With the application | Amount $300 | Refundable Not stated |
| Corporate Sublet FeePer share · Recurring | Paid by Shareholder | When With the application | Amount Amount equivalent to $10.00 per share per year of subleasing | Refundable Not stated |
Refinance
3 items
Management's “less refinance” schedule
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing Fee | Paid by Shareholder | When With the application | Amount $400 | Refundable Not stated |
Management's “more refinance” schedule
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing Fee | Paid by Shareholder | When With the application | Amount $400 | Refundable Not stated |
| Background Report FeeConditional · Per applicant | Paid by Shareholder | When With the application | Amount $125 per applicant (additional $75 for criminal check if required by the Board) | Refundable Not stated |
Ownership transfer
1 item
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Transfer Fee | Paid by Shareholder | When With the application | Amount Please contact the Transfer Agent for the fee schedule for the proposed transfer. | Refundable Not stated |
Management updates its schedule without a public filing. The date is when management last updated the page, not when a rule changed. Confirm the current schedule with management before you apply.
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Monthly carrying charges in recent sales
- Maintenance, per room
- $669 per room a monthMedian of 29 recorded sales since October 2023Source: recorded sales, refreshed October 2026
Maintenance as recorded with each sale. A co-op's maintenance already covers the building's real estate taxes and the building's own mortgage, if it has one; add your own loan payment for the monthly outlay. A summary of recorded sales, not a current bill; charges change.
Building staffing and amenities
- Doorman
- Doorman (hours not stated)Source: The Roebling Team's building profile
- Concierge
- YesSource: recent listing records
- Elevator
- YesSource: NYC Department of City Planning records (PLUTO)
- Amenities noted
- Fitness room, garageSource: The Roebling Team's building profile
Staffing and amenities as our building profile and recent listing records describe them. A feature not listed is not confirmed absent.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $76,643/yr
- Per unit / month range
- $0 – $19
- Modeled exposure split equally across 343 units (the city tax-lot count). Not an assessed amount; co-op shareholders are typically charged by share allocation.
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City record last verified September 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →Facade safety — Local Law 11
The latest available filing classified the facade as SWARMP — Safe With A Repair and Maintenance Program: the engineer identified conditions requiring monitoring or repair, with repairs due by the deadline stated in the filing. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials for you.
How to read this, and where it comes from
QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent).
Penalties shown are amounts DOB assessed against filings on record across 2005–10 to 2020–25. The FISP dataset does not record whether they were paid, contested or remain open, so treat the figure as history rather than a current balance and confirm the building’s standing with the managing agent.
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City record last verified September 2026.
Management & transfer contacts
- 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
Recent sales
Recent transfers at this building, from The Roebling Research Library. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Jul 15, 2026 | 4C | 2 BR · 1.5 BA | $2,200,002 | -6.4% | |
| Jun 24, 2026 | 2U | 1 BA | $700,000 | -3.4% | |
| Mar 24, 2026 | 5B | 1 BA | $730,000 | -2.7% | |
| Jan 6, 2026 | 5F | 1 BR · 1 BA | $1,475,000 | -1.3% | |
| Nov 25, 2025 | 17R | 1 BR · 1 BA | $2,116,440 | -3.6% | |
| Nov 24, 2025 | 2E | 1 BA | $805,000 | -19.1% | |
| Nov 19, 2025 | 18C | 1 BR · 1.5 BA | $2,214,397 | -5.8% | |
| Oct 1, 2025 | 17H | 1 BR · 1 BA · 766 sf | $1,881,773 | $2,457/sf | -1.0% |
Market read. $/sf is measured on the latest sales with reliable square footage (2025): a median $2,457/sf (floor-adjusted) 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.
Other recent transfers
| Date | Unit | Price |
|---|---|---|
| Nov 4, 2003 | 5T | $675,000 |
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). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. 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 would your apartment rent for?
Enter your apartment and I'll send you what it would rent for, from comparable closed leases at 2 Fifth Avenue and nearby.
At the recent median sale of $1.48M (19 transfers since 2024), a buyer putting 25% down would pay about $28,831 to close, or 2.0% of the price.
- Mansion tax: $14,750
- No mortgage recording tax or title insurance on a co-op purchase
- Attorneys, lender, building fees and filings: $14,081
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.
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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:
- One Fifth Avenue — Corbett 1927; corridor anchor; full-service prewar peer
- The Brevoort (11 Fifth Avenue) — Boak & Raad 1955; mid-century full-block postwar peer
- 24 Fifth Avenue — Emery Roth 1926; corridor peer
- 45 Fifth Avenue — Sugarman & Berger 1925; boutique prewar peer
- Manhattan House (200 East 66th Street) — UES mid-century glazed-brick peer; same period and architectural register
More Greenwich Village buildings
- 1 Minetta Street — 1925 co-op
- One Fifth Avenue — 1927 co-op by Sugarman & Berger
- 3 West 13th Street — 2006 condominium
- 8 West 13th Street — 1910 condominium
- 10 East 12th Street — 1907 condominium
- 10 East 14th Street — 1930 condominium
The neighborhood
For the full corridor — architecture, transit, and pricing across Greenwich Village — read The Roebling Team Guide to Greenwich Village.
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.
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
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