Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
1056 5TH Avenue #12E

For Sale · Listing by Corcoran Group

1056 5TH Avenue #12E

Carnegie Hill, Manhattan

$1,750,000

Interested in this property?
Active For Sale • Co-op

$1,750,000

1056 5TH Avenue #12E

Carnegie Hill, Manhattan

MLS® #RLS20118694

RLS at REBNY

Listing by Corcoran Group

2
Bedrooms
2
Baths
N/A
Sq. Ft.
1951
Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Year Built 1951
Ownership Co-op
Maintenance $4,116/mo
Neighborhood Carnegie Hill
Floor 12 of 19

Property Highlights

  • Views: City Lights, City, Park Greenbelt
  • Exposure: North facing

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 4
Baths 2 Full
Floor 12 of 19
View City Lights, City, Park Greenbelt
Exposure North
Pets Yes
Year Built 1951
Structure Type HighRise
Basement Other
Block/Lot 01498/0069

Listing History

Event Date Price Change
Listed Oct 1, 2026 $1,750,000 -
Currently Oct 2, 2026 $1,750,000 -

Description

Beautifully curated, spacious two-bedroom, two-bathroom residence at 1056 Fifth Avenue at 87th Street, enjoys a prime location directly across from an entrance to Central Park, in the heart of Carnegie Hill and just three blocks north of the Metropolitan Museum of Art. This RARELY available fully renovated home features a gracious layout including an expansive 21-foot living room and dining area, creating an inviting open-plan space ideal for both everyday living and entertaining. Oversized, large pane windows bring wonderful natural light throughout the day. The windowed kitchen is thoughtfully equipped with custom cabinetry, a Sub-Zero refrigerator/freezer and dishwasher. The two bedrooms are perfectly positioned in a separate wing off the entrance foyer. The corner primary bedroom enjoys dual exposures, providing excellent light, cross-ventilation and refreshing summer breezes. The en-suite spa-like bathroom features a walk-in shower. Generous closets throughout the apartment including one that houses the washer/dryer provide exceptional storage. The second bedroom is generously proportioned and easily accommodates a king-sized bed, making it equally well suited as a second bedroom, guest room or home office. Built in 1951, 1056 Fifth Avenue is a distinguished full-service cooperative on Museum Mile, ideally situated near the Metropolitan Museum of Art, Guggenheim Museum and the many cultural and recreational offerings of Central Park and Carnegie Hill. The neighborhood offers an exceptional selection of shopping and dining as well as neighborhood boutiques and restaurants. Residents enjoy 24-hour doorman service, elevator attendants and a resident superintendent. The lobby has been recently renovated, and shareholders have access to basement storage, laundry facilities and a covered garage. Pied-à-terre ownership is considered on a case-by-case basis. Maximum financing is 50%.

Features & Amenities

Interior Features

Building None Washer Hookup In Unit

Exterior Features

None

Building Amenities

Elevators Storage

Appliances

Dishwasher Washer Dryer Allowed

Building Information

Building Data View Compliance & Permits
Total Units 87
Stories 19
Structure HighRise

Financial Details

Maintenance $4,116/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

101

Median Asking Price

$2.19M

Median $/Sqft

$1,540

Avg Days on Market

N/A

New This Week

12

Price Reduced

33%

Sold (30 Days)

16

Median Sale Price

$1.95M

Live data from RLS at REBNY • Updated 10/2/26, 12:02 PM EST

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Location

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1056 5TH Avenue #12E, Carnegie Hill, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1949
Year Built
77 years old
19
Floors
74
Residential Units
R10
Zoning District
Elevator Apartments Historic District: Expanded Carnegie Hill Historic District

Tax & Assessment

Assessed Value: $25,960,950
Land Value: $3,456,000
Exemptions: $2,230

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

Lot Area: 14,870 SF
Building Area: 154,575 SF
Built FAR: 10.4
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 $4,116 per month. Confirm the exact amount with Milton Coste before making an offer.

This property has 2 bedrooms and 2 full bathrooms.

According to MLS records, the building was constructed in 1951, making it approximately 75 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.

Pet policy requires confirmation with Milton Coste.

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: RLS20118694
First Listed: 10/1/2026
On Market: 10/1/2026
Price Changed: 10/1/2026
Contract Date: 10/1/2026

Listing Courtesy of Corcoran Group - Francine Crocker

Listing Contact: (917) 545-7208

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 10/2/2026 at 4:02 PM UTC

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Milton Coste - NYC Real Estate Broker

Milton Coste

Licensed Real Estate Associate Broker

Keller Williams NYC

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Sale history, taxes, violations and comps for this unit

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Carnegie Hill Market Update

16 sales last 30 days · $2.19M median · 6.3 months supply

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Quick Facts

Status Active Type Co-op Neighborhood Carnegie Hill Borough Manhattan
County New York
Floor 12 of 19
Year Built 1951
First Listed 10/1/2026
Maintenance $4,116/mo

Monthly Costs Estimate

Down Payment 20%

$350,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Maintenance $4,116
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 $1M to $1,999,999 at 1.00%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$17,500

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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