Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
1050 5TH Avenue #12C
Interested in this property?
Active For Sale Co-op

$3,500,000

1050 5TH Avenue #12C

Carnegie Hill, Manhattan

MLS® #RLS20075691

RLS at REBNY

Listing by Douglas Elliman Real Estate

2

Bedrooms

2

Baths

N/A

Sq. Ft.

1960

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Year Built 1960
Ownership Co-op
Maintenance $3,617/mo
Parking Garage
Neighborhood Carnegie Hill
Floor 12 of 20

Property Highlights

  • Views: City
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 4
Baths 2 Full
Floor 12 of 20
View City
Pets Yes
Year Built 1960
Parking Garage Available
Structure Type HighRise
Basement Other
Parcel # 1498-0001-01050-000-000012C
Block/Lot 01498/0001

Listing History

Event Date Price Change
Listed Mar 6, 2026 $3,500,000 -
Currently May 5, 2026 $3,500,000 -

Description

All showings and open houses are by appointment. Please contact to schedule.

Perched high above Fifth Avenue, on the twelfth floor of 1050, this mint condition two bedroom has it all: location, light and views. there is a particular quality of light that feels almost borrowed from the park itself. It drifts in from the south, washes across the floors, and settles quietly against a horizon of treetops, the limestone crown of the Metropolitan Museum, and the distant geometry of Midtown. From here, Central Park is not simply a view. It is a living canvas, shifting with the hour, the season, the weather. The city hums below, but inside, there is calm.

The apartment has been reimagined with a steady and disciplined hand. A gracious foyer, lined with custom closets, opens into a dining area and then to a broad living room where the park unfurls beyond. The proportions are generous, the lines clean. Solid hardwood floors have been soundproofed underfoot. Millwork is precise and quietly confident. Recessed lighting and electronically controlled sunshades respond to mood and moment, allowing the architecture and the view to remain the true focal points.

In the kitchen, beauty and performance move in tandem. Sub Zero, Wolf, and Bosch appliances are seamlessly integrated. A built in Miele espresso system stands ready for early mornings that begin with light spilling over the park. Taj Mahal quartzite counters catch that light in soft relief, while porcelain tile floors ground the space in durability and restraint. An in unit Asko washer and dryer, along with fully updated plumbing and electrical systems, reflect a renovation that considered not only how the home looks, but how it lives.

The primary suite faces south, serene and open to sky. Custom millwork frames a dressing area and an ample walk in closet. The en suite bath is rendered in marble and porcelain, finished with refined fixtures and bespoke cabinetry that feel tailored rather than ornate. The second bedroom, currently designed as a den or guest suite behind glass paneled pocket doors, is equally balanced in scale and grace, with its own marble bath accented by silver leaf glass tile that catches the light like a quiet flourish.

Built in 1959 by Melvin D. Lipman and Bernard Spitzer, 1050 Fifth Avenue remains one of the Upper East Side's most established cooperative addresses. A full time doorman and live in staff provide attentive service. Residents enjoy a roof deck, fitness room, common storage, and a garage with guaranteed parking at favorable rates. Pets are welcome. Financing up to fifty percent is permitted. There is currently a monthly assessment of $652 dollars in place through December 2026.

Features & Amenities

Interior Features

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 $3,617/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

137

Median Asking Price

$2.69M

Median $/Sqft

$1,701

Avg Days on Market

N/A

New This Week

7

Price Reduced

34%

Sold (30 Days)

12

Median Sale Price

$2.50M

Live data from RLS at REBNY • Updated 5/5/26, 12:48 AM EST

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Location

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1050 5TH Avenue #12C, Carnegie Hill, New York County

Floor Plans

Floor Plan 1

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: $314,313

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 $3,617 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 2 bedrooms and 2 full bathrooms.

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 the listing broker for weight limits or breed restrictions.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.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: RLS20075691
First Listed: 3/6/2026
On Market: 3/6/2026
Price Changed: 3/6/2026
Contract Date: 3/6/2026

Listing Courtesy of Douglas Elliman Real Estate - Joshua B Rubin

Listing Contact: (917) 727-6321

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 5/5/2026 at 4:48 AM UTC

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