Gracie Abrams Buys Greenwich Village Co-op

Gracie Abrams is the latest star-studded buyer at a Greenwich Village co-op.

The 25-year-old singer-songwriter paid $5.5 million for a penthouse at 1 Fifth Avenue, according to public records. The deal, which appears to be all-cash, works out to about $3,000 per square foot.

The nearly-200-unit building, blocks away from Washington Square Park, is known for housing celebrities like the Rolling Stones’ Keith Richards and filmmaker Tim Burton and his ex-wife, actress Helena Bonham Carter.

Abrams’ new apartment, Unit 18GK, spans roughly 2,000 square feet and has three bedrooms and three bathrooms. It also features three terraces and views of the park and downtown Manhattan.

The co-op last traded for $7 million in 2008.

Sotheby’s International’s Martine Capdevielle and Brigitte Goldenberg had the listing.

Capdevielle said the apartment would likely need a renovation, but declined to comment on the details of the sale.

Amenities at the Art Deco co-op include full-time doormen and building staff. The landmarked building was designed by architect Harvey Wiley Corbett and built in 1927. It served as a hotel for wealthy artists until it was converted to a co-op in 1976.

Award-winning actress Jessica Lange bought a ninth-floor unit at the building for $3.4 million in 2005, and more than a decade later, purchased the apartment directly above hers for $3.3 million.

Keith Richards and his wife, Patti Hensen, sold their duplex penthouse at the co-op in 2018 for $9 million — roughly $1 million less than they paid for it four years earlier. The couple initially tried to offload their pad for more than $12 million.