Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
1050 Fifth Avenue #PHB
Interested in this property?
Active For Sale Co-op

$8,150,000

1050 Fifth Avenue #PHB

Carnegie Hill, Manhattan

MLS® #RLS20070308

RLS at REBNY

Listing by Sothebys International Realty

2

Bedrooms

2.5

Baths

N/A

Sq. Ft.

1959

Year Built

Quick Summary

Bedrooms 2
Bathrooms 3 full, 1 half
Lot Size 14,475 sq ft
Year Built 1959
Ownership Co-op
Maintenance $7,099/mo
Parking Garage
Neighborhood Carnegie Hill
Floor 20 of 20

Property Highlights

  • Views: Park Greenbelt
  • Exposure: East,South,West facing
  • Outdoor Space: Building Terrace, Terrace

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 5
Baths 2 Full, 1 Half
Floor 20 of 20
View Park Greenbelt
Exposure East,South,West
Pets Yes
Year Built 1959
Parking Garage Available
Structure Type MultiFamily
Flooring Hardwood
Lot Size 14,475 sq ft
Block/Lot 01498/0001

Listing History

Event Date Price Change
Listed Feb 4, 2026 $9,985,000 -
Price Reduced Apr 28, 2026 $8,950,000 -10.4%
Currently May 4, 2026 $8,150,000 -8.9%

Description

A Rare Fifth Avenue Penthouse with Iconic Central Park Views. Perfectly perched, Penthouse B at 1050 Fifth Avenue is a truly exceptional residence offering sweeping and expansive views of Central Park from the great room and both bedrooms. This beautifully proportioned Penthouse features a desirable winged two-bedroom layout with two and a half baths, combining privacy with effortless entertaining including a formal dining room and kitchen showcasing beautiful light and open Eastern exposures. Previously the home of Marion Labau Dickerman, Great Grandchild of Cornelius Vanderbilt this is only the second time in 70 years this apartment has come to market. The gracious great room opens directly onto Central Park just past the wrap terrace. This is a rarely experienced, breathtaking perspective framed by a bowed 14 foot window revealing spectacular views including the skyline from the Empire State Building to the George Washington Bridge and beyond. In the foreground of your view, you can either draw inspiration and peace by focusing on the fountain of the Jacqueline Kennedy Onassis Reservoir, or an evening sunset giving way to the warm glow of the luminescent Temple of Dendur and Manhattan skyline to soothe and invite you to reflect on another day spent in the most dynamic city in the world. The renovated kitchen blends function and style with Wolf and Sub-Zero appliances. Thoughtfully designed for both daily living and entertaining with an open plan as well as the ability to utilize a butler’s door for more formal dining. The primary suite is a remarkable 25 feet long with its own private terrace access. It also features a newly imagined and luxuriously appointed en-suite bathroom with adjoining closet and dressing area facing East with private open views of warm sunrises and morning light. The corner second bedroom boasts extraordinary park views from double exposures both South and West, creating a serene retreat high above the city with its own access to the terrace as well as an en-suite bathroom. A standout feature of this home is the expansive, private wrap-around terrace, offering an unparalleled indoor-outdoor lifestyle - perfect for al fresco dining, lounging, or simply taking in the skyline and greenery below. This is truly Fifth Avenue Penthouse living at its finest in the heart of Museum Mile between the Met and the Guggenheim. Located on Fifth Avenue, directly across from Central Park, 1050 Fifth Avenue boasts one of Manhattan’s most coveted addresses. Residents are moments from the park’s running paths, cultural institutions, and green spaces, while also enjoying close proximity to world-class museums, fine dining, shopping, and convenient transportation. This prime Upper East Side location blends classic elegance with everyday accessibility. 1050 Fifth offers a full suite of amenities designed for comfort, convenience, and effortless city living. The building features white glove service and an on-site resident manager. Residents also enjoy access to a fully equipped fitness center, common storage, bike room, central laundry facilities and on-site parking garage. The building is pet-friendly and allows up to 50% financing. Pied-a-terre’s are permitted on a case by case basis. There is a monthly assessment of $1,303.40 ending December 2026 and a one percent flip tax paid by purchaser.

Features & Amenities

Interior Features

Common On Floor Common Area Laundry Room In Unit Flooring: Hardwood

Exterior Features

Private Outdoor Space Over60 Sqft Building Terrace Terrace

Building Amenities

Elevators

Appliances

Dryer Washer Dryer Stacked Dishwasher Washer

Building Information

Building Data View Compliance & Permits
Total Units 90
Stories 20
Structure MultiFamily

Financial Details

Maintenance $7,099/mo
Original Price $9,985,000
Previous Price $8,950,000

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

33%

Sold (30 Days)

11

Median Sale Price

$2.40M

Live data from RLS at REBNY • Updated 5/4/26, 11:42 AM EST

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Location

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1050 Fifth Avenue #PHB, 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 $7,099 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $0, or roughly $0 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 2 full bathrooms and 1 half bathroom.

According to MLS records, the building was constructed in 1959, making it approximately 67 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: RLS20070308
First Listed: 2/4/2026
On Market: 2/4/2026
Price Changed: 4/28/2026
Contract Date: 1/22/2026

Listing Courtesy of Sothebys International Realty - Stan Ponte

Listing Contact: (212) 606-4100

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 5/4/2026 at 3:42 PM UTC

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