Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
1050 5TH Avenue #7C

For Sale · Listing by Brown Harris Stevens Residential Sales LLC

1050 5TH Avenue #7C

Carnegie Hill, Manhattan

$2,245,000

Interested in this property?
Active For Sale Co-op

$2,245,000

$1,694 per sq ft

1050 5TH Avenue #7C

Carnegie Hill, Manhattan

MLS® #RLS20113770

RLS at REBNY

Listing by Brown Harris Stevens Residential Sales LLC

1
Bedroom
1.5
Baths
1,325
Sq. Ft.
1960
Year Built

Quick Summary

Bedrooms 1
Bathrooms 2 full, 1 half
Living Area 1,325 sq ft
Year Built 1960
Ownership Co-op
Maintenance $3,432/mo
Parking Garage
Neighborhood Carnegie Hill
Floor 7 of 20

Property Highlights

  • Views: City, Park Greenbelt
  • Exposure: South facing
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 5
Baths 1 Full, 1 Half
Floor 7 of 20
View City, Park Greenbelt
Exposure South
Pets Yes
Year Built 1960
Living Area 1,325 sq ft
Parking Garage Available
Structure Type HighRise
Basement Other
Parcel # 1498-0001-01050-000-000007C
Block/Lot 01498/0001

Listing History

Event Date Price Change
Listed Sep 9, 2026 $2,245,000 -
Currently Sep 9, 2026 $2,245,000 -

Description

It is our distinct pleasure to present Residence 7C at 1050 Fifth Avenue, an exceptional home at one of Manhattan's most coveted addresses, ideally situated at the corner of 86th Street & Fifth Avenue & directly across from Central Park. Previously a two-bedroom, two-bath residence, this remarkable home has been meticulously renovated & thoughtfully reimagined into a grand one-bedroom with one full bath & a beautifully appointed powder room. The result is a sophisticated, urban loft-like residence distinguished by an extraordinary sense of scale, volume & flow-offering expansive living & entertaining spaces that are both elegant & effortlessly livable, The current configuration transforms the former second bedroom into an elegant dining space, while retaining the proportions & graciousness of a classic Fifth Avenue home. The offering plan reflects the original two-bedroom, two-bath, providing an added measure of flexibility for a future owner who may wish to easily restore the residence to its original two-bedroom & two-bath layout. Bathed in radiant southern light, the apartment enjoys a view of Central Park through oversized windows, creating a luminous backdrop throughout the day. From the gracious entry foyer, the residence unfolds into an impressive entertaining environment, with a spectacular living room & generous dining area that seamlessly flow together. The living room currently accommodates a baby grand piano & is equally suited to intimate evenings or larger gatherings. A discreet walk-in closet near the living area provides additional storage, while gleaming hardwood floors & exceptional natural light further enhance the sense of refinement throughout. The windowed kitchen is a masterclass in both form & function, appointed with sleek Corian countertops & backsplash, bespoke walnut cabinetry & abundant storage. Premium appliances include a Gaggenau range, Miele dishwasher & Sub-Zero refrigerator with dual freezers, complemented by a separate pantry closet. The striking powder room, finished in Vermont structural slate & complemented by two closets, was thoughtfully incorporated from the home's original full-bath configuration. Its placement preserves the apartment's effortless flow while offering the flexibility to restore a second full bath as part of a future two-bedroom configuration. A private hallway leads to the serene primary suite, which may be discreetly enclosed by a concealed door for heightened privacy. This tranquil retreat features custom built-ins with elegant sliding art panels, generous closet space & a dedicated study area with beautiful views of Central Park & the skyline. The en-suite marble bath is a sanctuary in its own right, showcasing a Japanese tiled accent wall, an exquisite walk-in shower & three additional closets. Meticulously curated with extraordinary attention to detail, this sophisticated residence is truly move-in ready & offers the rare combination of grand proportions, thoughtful design & an enviable Central Park setting. Residents of 1050 Fifth Avenue enjoy an elevated full-service lifestyle including a 24-hour doorman & concierge & live-in resident manager. Amenities further include a fitness room, bicycle area, storage facilities, laundry room & an on-site garage with preferential rates. The building's roof deck offers sweeping panoramic vistas of Central Park & the city beyond. Pets are welcome. Financing of up to 50% is permitted, along with a 1% flip tax. A monthly assessment is in place through December 2026. This is a rare opportunity to acquire a beautifully reimagined Fifth Avenue residence with the scale and presence of a much larger home, in one of Manhattan's most coveted locations directly across from Central Park.

Features & Amenities

Interior Features

Separate Formal Dining Room Walk In Closets Building Other

Exterior Features

Building Roof Deck

Building Amenities

Bike Storage

Appliances

Washer Dryer Allowed

Building Information

Building Data View Compliance & Permits
Total Units 96
Stories 20
Structure HighRise

Financial Details

Maintenance $3,432/mo

Carnegie Hill is a low-traffic residential section of the Upper East Side defined by proximity to Central Park and Museum Mile. The area features low-rise historic architecture and large pre-war cooperatives, with landmarked blocks and boutique retail along Madison Avenue.

Carnegie Hill Live Market Data

View Neighborhood

Active Listings

79

Median Asking Price

$2.25M

Median $/Sqft

$1,673

Avg Days on Market

N/A

New This Week

13

Price Reduced

35%

Sold (30 Days)

17

Median Sale Price

$2.13M

Live data from RLS at REBNY • Updated 9/9/26, 5:16 PM EST

Location

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1050 5TH Avenue #7C, Carnegie Hill, New York County

Building Information

Official NYC property records for this building

1958
Year Built
68 years old
20
Floors
90
Residential Units
R10
Zoning District
Elevator Apartments Historic District: Expanded Carnegie Hill Historic District

Tax & Assessment

Assessed Value: $26,113,950
Land Value: $3,838,500
Exemptions: $424,830

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 14,475 SF
Building Area: 190,640 SF
Built FAR: 13.17
Allowed FAR: 10

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $3,432 per month. Confirm the exact amount with Milton Coste before making an offer.

This property has 1 bedroom and 1 full bathroom and 1 half bathroom.

The listed interior living area is 1,325 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1960, making it approximately 66 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pets are permitted at this property. Contact Milton Coste for weight limits or breed restrictions.

At the current list price of $2,245,000 for 1,325 sq ft, the asking price per square foot is approximately $1,694. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or milton@miltoncoste.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20113770
First Listed: 9/9/2026
On Market: 9/9/2026
Price Changed: 9/9/2026
Contract Date: 9/9/2026

Listing Courtesy of Brown Harris Stevens Residential Sales LLC - Jerald Carson

Listing Contact: (212) 381-3382

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 9/9/2026 at 9:16 PM UTC

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Carnegie Hill Market Update

17 sales last 30 days · $2.25M median · 4.6 months supply

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New listings in this neighborhood

Quick Facts

Status Active Type Co-op Neighborhood Carnegie Hill Borough Manhattan
County New York
Floor 7 of 20
Year Built 1960
First Listed 9/9/2026
Parking Garage
Living Area 1,325 sqft
Maintenance $3,432/mo

Monthly Costs Estimate

Down Payment 20%

$449,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Maintenance $3,432
Total Monthly $0

Estimates only. Consult a lender for exact figures.

Mansion tax applies at this price point

New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $2M to $2,999,999 at 1.25%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$28,063

Run the numbers on a different offer price

Estimate based on the asking price. Confirm your own obligation with your real estate attorney.

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