- Year built
- 1921
- Type
- **Condominium**
- Units
- 87
- Floors
- 14
- Landmark
- Designated
- Pets
- Verify at offer stage
25 Fifth Avenue's structural position in the Lower Fifth Avenue corridor is defined by a single material fact: it is the only prewar condominium on the corridor. Every other consequential 1920s-vintage building on Lower Fifth Avenue operates as a cooperative — and the cooperative form, while it produces a particular building culture and a particular tier of financial discipline that buyers often value, also imposes the financing-percentage limits, subletting constraints, board-approval timelines, and operational rigidity that constrain the residential transaction process.
25 Fifth Avenue, alone among the corridor's prewar inventory, operates under condominium mechanics. Financing is structured under the condominium framework rather than the cooperative framework — typically permitting materially higher loan-to-value ratios. Subletting and investment use are governed by the condominium declaration rather than by cooperative board approval — typically materially more permissive. Board approval is replaced by the more limited right-of-first-refusal mechanism characteristic of condominium ownership — typically producing 30–45 day closings rather than the 60–90 day timelines that cooperative board approval imposes. For buyers prioritizing financing flexibility (foreign buyers, investment-use buyers, buyers structuring transactions through LLCs or trusts), and for buyers prioritizing transaction speed, 25 Fifth offers Lower Fifth Avenue address quality with materially more accessible transaction mechanics than any other prewar building on the corridor.
The condominium conversion occurred around 2000 (sources reference both 2000 and 2007; 2000 is the most consistently cited). The building was constructed in 1921 — the same vintage as the broader Lower Fifth Avenue prewar cooperative cycle — and retains the prewar architectural fabric, interior proportions, ceiling heights (typical 9'8"–10' beamed ceilings), and apartment-design discipline characteristic of the 1920s building cycle. A number of apartments retain operational wood-burning fireplaces.
For buyers, 25 Fifth represents the corridor's most financially flexible entry point — and the structural pricing premium that the condominium form commands within the corridor reflects this differential. The building averages approximately $2,420 per square foot across recent transactions, substantially above the broader Lower Fifth Avenue prewar cooperative average.
Architecture and unit composition
The approximately 87–90 condominium residences distribute across the building's 14–15 stories in prewar configurations consistent with the 1921 construction vintage. Apartments retain the prewar proportions characteristic of the corridor — substantial ceiling heights, beamed detailing, oak-strip flooring, large double-hung windows, and the architectural fabric that distinguishes prewar apartment design from the mid-century and postwar mass inventory.
The condominium conversion preserved the building's prewar interior detailing while modernizing the operational systems and the amenity program.
Building operations
25 Fifth operates as a full-service condominium with 24-hour doorman, live-in superintendent, windowed fitness center, private garden/patio, central laundry, bike storage, and private storage. The amenity program is consistent with the building's prewar boutique scale and substantially more developed than the surrounding cooperative-era buildings of comparable vintage.
Common charges and property taxes are reported in offering-plan and current-management materials; specific monthly figures should be confirmed against current operational documents during due diligence.
Recent sales
Last 5–10 closed sales at 25 Fifth Avenue (replace with current ACRIS data at the time of marketing):
[Recent sales table to be populated from ACRIS]
Sales context: building-level averages have run approximately $2,420 per square foot — substantially above the broader Lower Fifth Avenue prewar cooperative average, reflecting the condominium form's structural pricing premium.
What to know if you’re buying
The condominium structure is the value proposition. The structural distinction from the surrounding cooperative corridor produces financing flexibility, subletting flexibility, and transactional speed unmatched by any other prewar Lower Fifth Avenue building.
The 1921 vintage delivers prewar architectural fabric. Ceiling heights, beamed detailing, prewar proportions, and select apartments with wood-burning fireplaces are consistent with the broader corridor's prewar cooperative tier.
Pricing reflects the condominium premium. Recent transaction averages run substantially above the Lower Fifth Avenue prewar cooperative norm.
The right-of-first-refusal mechanism replaces cooperative board approval. Plan for 30–45 day closings rather than cooperative-standard 60–90 day pacing.
The architectural attribution is unverified in public sources. Confirm with the offering plan or LPC designation report during due diligence for buyers who weight architectural pedigree heavily.
Greenwich Village Historic District protection applies.
What to know if you’re selling
Marketing should lead with the condominium-on-prewar-Lower-Fifth distinction. This is the single most consequential structural feature of the building and the value driver for most prospective buyers.
Foreign buyers, investment-use buyers, and LLC purchasers are a meaningful share of the demand pool. Marketing should reach this demographic specifically — international platforms, transaction-attorney networks, and the broader downtown condominium buyer pool that typically does not engage with cooperative-corridor inventory.
Pricing should reference the condominium-tier comparable set, not the cooperative tier. Recent comparables within 25 Fifth itself, and within the broader Greenwich Village new-construction condominium tier (The Greenwich Lane, 150 Charles, Renwick Triangle, the conversion condominium inventory), anchor the pricing logic.
Closing timelines are condominium-fast. 30–45 days from contract through right-of-first-refusal waiver to closing.
Comparable buildings
If you're considering 25 Fifth Avenue, also evaluate:
- The Greenwich Lane — DDG 2015; West Village new-construction condominium
- 150 Charles Street — West Village trophy condominium
- 45 Fifth Avenue — Sugarman & Berger 1925; cooperative corridor peer (boutique scale)
- One Fifth Avenue — Corbett 1927; cooperative corridor anchor
- 24 Fifth Avenue — Emery Roth 1926; cooperative corridor peer (Brodsky-managed, unusually permissive cooperative policies)
The Roebling Team at 25 Fifth Avenue
The Roebling Team at Compass works the Lower Fifth Avenue corridor as part of our broader Park-facing Manhattan practice. We publish this building profile because 25 Fifth buyers and sellers deserve building-specific intelligence — the condominium-vs-cooperative distinction in particular, and the apartment-line comparable analysis that this requires — not generic neighborhood commentary.