One Fifth Avenue
1 Fifth Avenue, New York, NY 10003
Greenwich Village
BBL 1005500022 · BIN 1008847
- Year built
- 1927
- Type
- Cooperative
- Units
- 180
- Floors
- 27
- Landmark
- Designated
- Pets
- Permitted under cooperative rules (verify specifics at offer stage)
- Subletting
- Verify at offer stage
Every recorded sale at this building, 2003–2026
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 1BR median
- $1.3M
- Recent range
- $800K – $5.5M
- Listing discount
- 8.7%
- Recorded transfers
- 206
One Fifth Avenue is the iconic anchor of the Lower Fifth Avenue corridor. Constructed in 1926–27 by Helmle & Corbett in association with Sugarman & Berger, with Harvey Wiley Corbett as chief designer, the 27-story tower was developed as an apartment hotel — a building type that combined residential apartments with hotel services — and operated in that mode for nearly half a century before its 1976 conversion to a cooperative.
Corbett's design produced a building whose architectural register sits at the precise intersection of late-1920s Art Deco and the institutional Manhattan residential tradition. The telescoping setbacks rise from a substantial brick-and-limestone base through a sequence of architectural transitions to a single central tower top — a profile that, viewed from Washington Square Park three blocks to the south, has anchored the southern entry to Lower Fifth Avenue for nearly a century. Village Preservation describes the building as "a defining landmark visible from many spots in the neighborhood."
For buyers, One Fifth represents a particular position within the modern Greenwich Village cooperative market: the most architecturally significant Lower Fifth Avenue address, the most institutional cooperative culture on the corridor, and one of the deepest and most well-documented celebrity-resident registers in downtown Manhattan.
Architecture and unit composition
The building was constructed with approximately 200 hotel apartments — typically two- and three-room configurations with serving pantries rather than full kitchens, reflecting the apartment-hotel operational model that defined the 1920s luxury tier. The cooperative conversion in 1976 reshaped much of the inventory; today the building's unit composition runs from compact studios and one-bedrooms through penthouse-tier combinations and floor-through configurations on the upper stories.
Corbett's interior architectural vocabulary survives in the lobby — a two-story space with original detailing — and in the building's overall structural character. Apartment interiors vary substantially across the building, reflecting fifty years of post-conversion combination, renovation, and design intervention.
Building operations
One Fifth Avenue operates as a full-service cooperative with 24-hour doorman and concierge, live-in superintendent, central laundry room, bike room, and a two-story lobby — the institutional amenity package consistent with the building's apartment-hotel origins. The cooperative culture is, by Lower Fifth Avenue standards, on the institutional and selective end of the spectrum; board policies on financing, subletting, and pied-à-terre use should be confirmed directly with the managing agent during due diligence.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $24,618/yr
- Per unit / month range
- $0 – $10
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 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.
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 |
|---|---|---|---|---|
| Mar 31, 2026 | 12H | 1 BR · 1 BA | $1,900,000 | -2.6% |
| Mar 16, 2026 | 2J | 2 BR · 2 BA | $1,800,000 | +2.9% |
| Feb 26, 2026 | PH18EF | 2 BR · 2 BA | $4,500,000 | -9.1% |
| Dec 17, 2025 | 19A | 2 BR · 2 BA | $1,725,000 | -12.7% |
| Nov 24, 2025 | 5GH | 2 BR · 2.5 BA | $4,250,000 | -3.3% |
| Aug 13, 2025 | 15H | 1 BR · 1 BA | $1,787,500 | -18.8% |
| Jun 25, 2025 | 7GH | 3 BR · 2.5 BA | $5,200,000 | +6.2% |
| Jun 12, 2025 | 26A | 1 BR · 2 BA | $3,275,000 | +0.0% |
Market read. $/sf is measured on the latest sales with reliable square footage (2025): a median $1,645/sf across 1 sale. The building has traded as recently as 2026. Median listing discount 2.6% 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 |
|---|---|---|
| Jun 15, 2017 | 10D | $3,200,000 |
| Apr 13, 2006 | 6H | $562,500 |
| Apr 13, 2006 | 11B | $1,195,000 |
| Apr 15, 2003 | 18G | $2,150,000 |
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 1-00550-0022) 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
The architectural pedigree is the structural feature. Corbett's 1927 Art Deco design is among the most consequential downtown towers of the late-1920s building cycle and the most architecturally significant address on Lower Fifth Avenue.
The cooperative culture is institutional. The board's selectivity is consistent with the building's significance and the depth of the celebrity register. Buyers should plan for a substantive board review process.
The apartment inventory is heterogeneous. Combinations and renovations have produced significant unit-to-unit variation; pricing requires apartment-specific comparable analysis.
The Greenwich Village Historic District streetscape is protected. Exterior alterations are subject to LPC review; the surrounding context is structurally protected.
Confirm specifics directly with management. Pet policy, pied-à-terre permissions, subletting framework, financing percentages, and flip-tax structure should all be confirmed against the offering plan and current board policies during due diligence.
What to know if you’re selling
Marketing should emphasize the architectural and cultural pedigree. Corbett 1927 Art Deco, the building's celebrity register, the geographic position at the southern entry to Lower Fifth Avenue.
Pricing requires apartment-level comparable analysis. The unit-to-unit variation is substantial; recent comparables on the specific apartment line, exposure, and configuration should anchor the marketing approach.
Closing timelines are cooperative-standard. Plan for 60–90 days from contract through board approval to closing.
Comparable buildings
If you're considering One Fifth Avenue, also evaluate:
- 45 Fifth Avenue — Sugarman & Berger 1925; corridor peer; boutique-scale one-bedroom prewar
- The Brevoort (11 Fifth Avenue) — Boak & Raad 1955; mid-century full-service peer
- 24 Fifth Avenue — Emery Roth 1926; corridor peer; Brodsky-managed
- 15 Central Park West — Stern 2008; uptown trophy condominium peer
- The Greenwich Lane — DDG 2015; Greenwich Village new-construction trophy
- 150 Charles Street — West Village trophy condominium
The neighborhood
For the full corridor — architecture, schools, 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.
Considering a move at One Fifth Avenue?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at One 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.