- Year built
- 1923
- Type
- Cooperative
- Landmark
- Designated
41 Fifth Avenue is a Rosario Candela building, and on lower Fifth Avenue that name carries the same weight it does on Park and Fifth uptown. Candela — the architect whose name is synonymous with the finest prewar apartment houses in New York — designed 41 Fifth in 1923 in a modified Italian Renaissance Revival style, clad in dark red brick with terra-cotta detail, with a discreet entrance set on East 11th Street. It is an elegant, fifteen-story prewar cooperative that anchors one of the most coveted residential pockets in the city.
The address sits at the center of the Greenwich Village "Gold Coast" — the seven-block stretch of lower Fifth Avenue, roughly equidistant between Washington Square Park and Union Square, long regarded as the Village's most prestigious residential corridor. It is a setting that combines the grandeur of a Fifth Avenue address with the scale, charm, and walkability of Greenwich Village — a combination that few corners of Manhattan can claim.
For buyers, the proposition is blue-chip: a landmarked Candela co-op, full-service and impeccably positioned, in a neighborhood that holds its value through every market cycle. This is prewar Manhattan at its most desirable, with a Village address.
Architecture and unit composition
Candela's design gives 41 Fifth its quiet authority. The modified Italian Renaissance Revival facade — dark red brick, terra-cotta ornament, a well-proportioned base, and the discreet 11th Street entrance — reflects the architect's gift for dignified, restrained apartment houses. The building rises fifteen stories, with upper floors capturing light and Village rooftop views, and the whole protected within the Greenwich Village Historic District.
The building holds 88 cooperative residences, a Candela prewar mix running from one-bedrooms to larger classic layouts, many refined or combined over the building's cooperative life. Prewar construction by Candela means the qualities buyers chase: gracious room proportions, hardwood floors, generous light, and the architectural detail of a master apartment-house designer. Individual homes vary in layout and condition, which rewards careful evaluation.
Building operations
41 Fifth operates as a full-service prewar cooperative: a 24-hour attended lobby, door and elevator staff, and the attentive service of a resident superintendent, with a graceful lobby, a laundry room, and bicycle storage. The building's signature shared amenity is its landscaped rooftop, which offers panoramic views over the Village and across to the Midtown and Downtown skylines. As a cooperative, the building runs on monthly maintenance covering staff, operations, and the underlying building, and purchases proceed through a board review and interview; we walk buyers through the building's current requirements as part of preparing a clean board package.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $0 (under cap)
- Per unit / month range
- —
Facade safety — Local Law 11
The facade passed its last inspection with no required repairs — nothing to budget for here, and no facade assessment on the horizon for roughly five years.
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
With 88 cooperative units and a stable, long-tenured ownership base typical of a Candela building, turnover at 41 Fifth is modest — a handful of resales in a typical year. Pricing tracks the top tier of the Greenwich Village co-op market, with higher floors, better light, and renovated or combined homes at the top of the building's range. The BBL-linked sales record on this site reflects recorded transfers as they post; we benchmark any specific home against its floor, exposure, layout, and renovation level rather than building-wide averages.
What to know if you’re buying
This is a cooperative, so a purchase runs through a board package and interview. A Candela co-op of this caliber typically holds to conservative financing and residency standards; we help buyers understand the building's posture on financing, subletting, pied-à-terre ownership, and pets before they commit, then prepare a package that presents cleanly.
The variables that drive value here are floor, light, and condition. In a 1923 Candela building, individual homes differ markedly, and a renovated upper-floor home with good exposure is a very different asset from an original lower line — while the building's landmark architecture rewards homes updated with their prewar character intact. We help buyers read the floor plans, weigh condition against price, and benchmark against the Gold Coast co-op inventory.
What to know if you’re selling
Lead with Candela. The architect's name, the landmarked Italian Renaissance Revival facade, and the Gold Coast address are among the most powerful selling points in downtown real estate; they belong at the front of any listing.
The roof deck is a genuine amenity. A landscaped rooftop with panoramic views is a real differentiator in a prewar Village co-op and should be marketed accordingly.
Condition and light drive pricing. Renovated, well-exposed homes command the building's premium; a well-presented home should foreground its updates, proportions, and exposure.
Turnover is thin, which helps. With a long-tenured ownership base in a blue-chip building, available inventory is genuinely limited, and a well-presented listing benefits from that scarcity.
Comparable buildings
If you're considering 41 Fifth Avenue, also evaluate the surrounding lower Fifth Avenue and Village co-op stock:
- 24 Fifth Avenue — prewar Gold Coast cooperative nearby
- 39 Fifth Avenue — full-service co-op on the same stretch
- 45 Fifth Avenue — prewar lower-Fifth cooperative
- One Fifth Avenue — landmark Art Deco co-op at the foot of Fifth
The Roebling Team at Forty One Fifth Avenue
The Roebling Team at Compass specializes in Greenwich Village, the lower Fifth Avenue Gold Coast, and the broader prewar co-op market. We publish this profile because buyers and sellers evaluating a Candela co-op deserve building-specific intelligence — the architecture, the prewar layouts, the board's posture, and where pricing sits at the top of the Village market.
If you're considering a purchase or sale at 41 Fifth Avenue, a 30-minute consultation is the right starting point.
Get the full picture on this building.
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