- Year built
- 1929
- Type
- Cooperative
Every recorded sale at this building, 2003–2026
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 2BR median
- $3.6M
- Recent range
- $2.4M – $4.4M
- Listing discount
- -2.9%
- Recorded transfers
- 70
40 Fifth Avenue is one of Greenwich Village's most prestigious pre-war cooperatives — a stately neo-Georgian apartment house that has anchored the corner of Fifth Avenue and East 11th Street since 1929. It belongs to the short, dignified stretch of Lower Fifth between Washington Square and 14th Street where a handful of grand pre-war co-ops give the Village its most formal, uptown-quality residential addresses, while keeping the neighborhood's tree-lined, low-rise character at street level.
The building's appeal is the appeal of Lower Fifth itself: pre-war scale and craftsmanship, a doorman-served full-service operation, and a location that places Washington Square Park, the Village's restaurants and townhouse blocks, and Union Square's transit all within an easy walk. For buyers who want a classic pre-war cooperative home with genuine architectural presence downtown, 40 Fifth Avenue is among the addresses they will measure everything else against.
It is a true cooperative — the established, board-governed ownership structure that defines the best of this stretch — and that structure is part of what has kept the building stable, well-maintained, and consistently desirable across the decades.
Architecture and unit composition
The architecture is restrained and confident: a neo-Georgian facade in limestone and brick, with the symmetry, proportion, and quiet detail that the style demands, poised on its Fifth Avenue corner. It reads as a peer to the avenue's other pre-war co-ops rather than as a Village outlier — formal, durable, and built to last.
Inside, the homes carry the hallmarks of 1929 luxury construction: generous room proportions, high ceilings, gracious entry foyers, and the layout logic of an era that separated entertaining and private space. Many residences retain or echo their original pre-war detail — moldings, hardwood floors, and the kind of light a corner Fifth Avenue building affords. The unit mix runs to larger classic layouts characteristic of a building of this vintage and stature.
Building operations
40 Fifth Avenue runs as a full-service cooperative with an attended lobby and doorman service. The operation is the quiet, well-run kind that long-established Village co-ops are known for — stable, professionally managed, and oriented toward long-term residents.
As a cooperative, the building is governed by a board, and purchases proceed through board review and approval. Co-ops of this caliber typically maintain financing limits, primary-residence expectations, and considered policies on subletting and pets; prospective buyers should expect a thorough admissions process and prepare a complete board package. We guide buyers through what a building of this stature looks for and how to present a strong application.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $61,154/yr
- Per unit / month range
- $0 – $64
Facade safety — Local Law 11
An active hazard: the building must keep a sidewalk shed up and make repairs now — expect construction, disruption, and a likely special assessment. We’d get you the repair scope and the building’s funding plan up front, so you go in knowing exactly what’s underway and what it’s likely to cost.
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 →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.
| Date | Unit | Apartment | Price | vs. Ask |
|---|---|---|---|---|
| Apr 8, 2026 | 7E | 3 BR · 3 BA | $4,400,000 | +14.3% |
| Jun 17, 2025 | 4D | 2 BR · 2 BA | $2,440,000 | -0.4% |
| Feb 24, 2025 | 11B | 2 BR · 2 BA | $3,595,000 | +2.9% |
| Apr 9, 2021 | 11C | 2 BR · 2 BA | $2,050,000 | +2.5% |
| Jul 9, 2020 | 4B | 2 BR · 2 BA | $2,910,000 | -25.3% |
| Sep 26, 2019 | 10D | 2 BR · 2 BA | $2,360,000 | -14.2% |
| Apr 5, 2019 | 14E | 3 BR · 3 BA | $4,350,000 | -14.7% |
| Mar 1, 2019 | 8E | 3 BR · 3 BA | $3,875,000 | -13.8% |
Market read. Most recent trades (2013) cleared a median $1,846/sf across 1 sale. Median listing discount 7.8% 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 |
|---|---|---|
| Dec 23, 2025 | 7A | $6,100,000 |
| Oct 30, 2025 | PHC | $19,000,000 |
| Dec 4, 2024 | 6E | $3,850,000 |
| Jul 25, 2023 | PHC | $17,000,000 |
| Jan 13, 2022 | 11B | $3,500,000 |
| Dec 6, 2021 | 14B | $4,000,000 |
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 1-00574-0039) 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.
What to know if you’re buying
This is a classic pre-war cooperative, and the purchase should be approached as one. Expect board review, a substantial board package, financing limits typical of a prestigious co-op, and primary-residence expectations. The reward is the stability and quality those rules protect — and an address that holds its value across cycles.
Layout, floor, and light drive value. The larger classic layouts and higher, better-exposed homes command the premium and resell most reliably; confirm the specific proportions, condition, and exposure of any unit. As an older building, prudent diligence on the financials, reserves, and any planned capital work — facade, mechanicals, elevators — is worthwhile, as at any pre-war co-op.
Location is a durable strength: a Lower Fifth corner steps from Washington Square Park, the Village's best blocks, and Union Square transit. We help buyers benchmark the price against the Greenwich Village pre-war co-op market and prepare for the board process.
What to know if you’re selling
Lead with pedigree and address. A 1929 neo-Georgian cooperative on a Lower Fifth corner is a marketable story in itself — position the home on the building's stature, its pre-war scale and detail, and the location.
Benchmark to the Greenwich Village and Lower Fifth pre-war co-op market, where the comparison is other established full-service co-ops, not the neighborhood's newer condominiums, which attract a different buyer. Pricing should reflect the home's specific layout, floor, light, and condition against that set.
The buyer pool is the co-op-qualified Village buyer — financially strong, primary-residence-oriented, prepared for a board. Presenting the home well, pricing it correctly against true comparables, and guiding the buyer toward a strong board package are what carry a sale here. We manage that process end to end.
Comparable buildings
If you're considering 40 Fifth Avenue, also evaluate nearby Greenwich Village and Lower Fifth inventory:
- 24 Fifth Avenue — a pre-war Lower Fifth cooperative nearby
- 25 Fifth Avenue — a Greenwich Village pre-war co-op
- 43 Fifth Avenue — a pre-war cooperative across the avenue
- 45 Fifth Avenue — a stately Lower Fifth pre-war co-op
The Roebling Team at 40 Fifth Avenue
The Roebling Team at Compass specializes in Greenwich Village, Lower Fifth Avenue, and Manhattan's pre-war cooperative market. We publish this profile because buyers and sellers evaluating an established Village co-op deserve building-specific intelligence — how the board process works, which homes hold value, and where the pricing sits against the surrounding pre-war stock.
If you're considering a purchase or sale at 40 Fifth Avenue, a 30-minute consultation is the right starting point.
Get the full picture on this building.
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