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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
  • Event Sales
  • Address 1274 Fifth Avenue
  • Neighborhood Upper Carnegie Hill
  • Borough Manhattan
  • Square feet 56,670
  • Price $ 44,100,000
  • Publication Date 02/28/2018
  • Event Date 02/27/2018
  • Party 1 SL Green Realty
  • Party 2 Akelius Real Estate Management
notes
The buyer secured the former home of late New York City mayor Fiorello LaGuardia in East Harlem $44.1 million.