1274 Fifth Avenue | The Real Deal New York

The Real Deal New York

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1274 Fifth Avenue

1274 Fifth Avenue
New York, NY 10029
Residential, Leasing/Rental, Multifamily

In some ways, 1274 Fifth Avenue stands alone, though you wouldnt know it to look at the six-story building. Bounded by Central Park and several of the most well-regarded New York museums, it is one of the few rentals on that stretch of Fifth Avenue. It also has some history. The building, built in 1935, once housed former New York City Mayor Fiorello La Guardia, who lived in the penthouse just before Gracie Mansion became the official mayoral residence in 1942.

The building fell into disrepair for several years, with one-third of its units vacant, until Mercury Capital Corporation bought it for $1.3 million in 1995 from Goldfarb Properties, which has properties primarily in northern Manhattan and the Bronx. Mercury pumped another million dollars into the building to renovate it. Stonehenge Partners later purchased the building, lured by the spacious units and park views, and dubbed it Stonehenge Park and later Stonehenge on Fifth. ¾-NR

  • Address 1274 Fifth Avenue
  • neighborhood Upper East Side
  • borough Manhattan
  • owner Stonehenge Partners
  • floors 6
  • Year Built 1924
  • residential units 54
  • total units 54
  • square feet 56,670
  • block and lot 1-01614-0069
  • BIN 1051595

01/10/19
...Kunal Chothani and 1274 Fifth Avenue (Credit: Google Maps) Akelius Real Estate Management is adding 16 new apartments to an East...

07/24/18
...1274 Fifth Avenue and 1680 Madison Avenue (Credit: Google Maps) Northern Manhattan had a solid first half of...

06/04/18
...increasingly eyeing Upper Manhattan properties, and recently bought 1274 Fifth Avenue for $44 million. The company launched its New York operation in 2015 and initially sought rent-stabilized...

04/02/18
...luck with the sale of their building at 1274 Fifth Avenue to Akelius Real Estate Management for $44.1 million. A&E amassed over 12,000 rental apartments...

02/27/18
...Ofer Yardeni, Kunal Chothani and 1274 Fifth Avenue Akelius Real Estate Management is the buyer of the former East Harlem home of...

01/24/18
...Ofer Yardeni, Marc Holliday and 1274 Fifth Avenue SL Green Realty and Stonehenge Partners agreed to sell 1274 Fifth Avenue, which was once...