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1050 5th Avenue, Unit PHA, Manhattan, NY 10028

$10,000,000
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Active
BEDS5 BATHS3 full 1 partial MLS#RLS20018480
STATUSActive PROPERTY TYPEResidential - Condominium SUBDIVISIONCarnegie Hill

Property Description

A Rare Legacy Fifth Avenue Penthouse Offering - First Time Available in Over 60 Years

Perched high above the Upper East Side's Gold Coast, Penthouse A at 1050 Fifth Avenue presents an exceptionally rare opportunity: a residence that has remained in the same family since the building was completed in 1959, and now, after more than six decades, is available for resale for the very first time.

This elegant, light-filled home offers a refined lifestyle defined by space, privacy, and panoramic views. Located on a semi-private floor with only one other residence, this expansive 8-room co-op boasts three to five bedrooms, three and a half bathrooms, and 3 private terraces, each offering distinct vantage points of Central Park, the Manhattan skyline, and the iconic Metropolitan Museum of Art.

The gracious layout opens with a welcoming foyer and an elongated gallery, setting the tone for a home that flows beautifully from one space to the next. The oversized corner living room is bathed in natural light from South and West facing windows and opens directly onto a private terrace overlooking Central Park-a perfect setting for morning coffee or evening sunsets. Adjacent to the living room, a large formal dining room and a separate windowed kitchen allow for seamless entertaining and day-to-day comfort. Off of the kitchen is the fourth bedroom that can easily be used for guests or as a home office.

A flexible bedroom wing allows for a variety of living arrangements. The current layout features three spacious bedrooms, including a versatile fifth room that functions beautifully as a library or home office with its own terrace. The primary suite is a serene retreat with a private terrace facing south toward the Met, a windowed en-suite bath, a large walk-in closet, and a hallway full of additional cabinetry for generous storage.

Additional highlights include in-unit laundry, through-wall air conditioning, and an abundance of closets throughout the home. While the apartment is move-in ready, its scale and proportions offer endless potential for customization, allowing a future owner to reimagine and tailor the space to their lifestyle.

1050 Fifth Avenue is a full-service luxury cooperative designed by Melvin D. Lipman and Bernard Spitzer. Built in 1959 and located on the corner of East 86th Street and Fifth Avenue across from the Neue Galerie and Central Park, the 20-story building offers a 24-hour doorman and live-in resident manager as well as additional full-time staff ensuring attentive service, while modern amenities include a fitness center, common storage, garage, bike room, and laundry facilities. The building is pet-friendly and allows up to 50% financing. Pied-a-terre's allowed on a case by case basis.

The location is among the most sought-after in Manhattan: across the street from Central Park, in the midd

1050 5th Avenue, Unit PHA | MLS# RLS20018480

This condo located at 1050 5th Avenue, Unit PHA, Manhattan, NY 10028 is currently listed for sale with an asking price of $10,000,000. This property was built in 1959 and has 5 bedrooms and 3 full and 1 partial baths. 5th Avenue, Unit PHA is located in the Carnegie Hill subdivision. Search Carnegie Hill real estate on www.joycerealty.com today.

Property Features

Property Type: Residential - Condominium
Basement: Other
Cooling: Other
Stories: 20.0
Year Built: 1959

Amenities

Separate/Formal Dining Room
Building Roof Deck
Private Outdoor Space Over 60 Sqft

Feature Descriptions

Building Features: Bike Storage
Days on Site: 431
Formal Dining: Yes
HOA Fee: 9036/ Monthly
Laundry: Building Other, Washer Hookup, In Unit
Patio/Porch: Terrace
Pets Allowed: Building Yes, No
Special View Info: City Lights, City, Park/Greenbelt, Panoramic

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Warburg
Agency Phone: (212) 439-4568

Shown By

Agency Title: Joyce Realty
Agency Phone: (800-275-5692)

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Estimated Payment

$ 25,172.33 per month $22,255.66 Principal & Interest $0.00 Property Tax (data not provided by mls) $2,916.67 Homeowner's Insurance

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