Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $4,300,000

· Closed March 7, 2023

1016 5th Avenue #8-B
Closed For Sale Co-op

$4,300,000

1016 5th Avenue #8-B

Upper East Side, Manhattan

MLS® #RLS10835996

RLS at REBNY

Listing by Compass

3

Bedrooms

3.5

Baths

N/A

Sq. Ft.

1926

Year Built

Quick Summary

Bedrooms 3
Bathrooms 4 full, 1 half
Year Built 1926
Ownership Co-op
Maintenance $6,692/mo
Neighborhood Upper East Side
Floor 8 of 15

Property Highlights

  • Exposure: East,South,West facing
  • Fireplace: Wood-burning or decorative fireplace
  • Style: Prewar architecture

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 6
Baths 3 Full, 1 Half
Floor 8 of 15
Exposure East,South,West
Cooling Central Air
Pets Yes
Cross Street East 82nd Street/East 83rd Street
Year Built 1926
Architectural Style Prewar
Block/Lot 1494/69

Listing History

Event Date Price Change
Listed Sep 22, 2022 $4,300,000 -
Price Reduced Mar 9, 2023 $4,995,000 +16.2%

Description

You will know you are home the moment you walk into this pristine apartment with its high ceilings and generous layout. A spacious foyer greets you before you enter the oversized, sundrenched living room with fireplace, perfect for hosting friends and family. To the left of the foyer, you'll find a generous-sized dining room and warm den, with wet bar and beautiful mahogany sliding doors that conveniently convert this space into a third bedroom with its own full bath. Beyond the den is a bright galley kitchen with breakfast bar. Two large bedrooms, both en-suite with considerable closet space offer the perfect retreat for homeowner and guest. 1016 Fifth is a prestigious cooperative with a beautiful marble lobby, an outstanding staff, live-in super, state-of-the-art gym, and storage units. The building permits pets and 50% financing. The 3% Flip Tax is to be split between the buyer and seller.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Fireplace

Appliances

Dryer Washer

Building Information

Financial Details

Maintenance $6,692/mo
Sale Price $4,300,000
Previous Price $4,995,000

The Upper East Side remains the gold standard for classic New York elegance. Known for 'Museum Mile' and its low-traffic, tree-lined streets, the neighborhood offers a refined lifestyle away from the midtown bustle. While famous for its historic cooperatives, the area has seen a recent surge in ultra-luxury new construction condos, particularly along the Second Avenue Subway corridor, making it a top choice for both traditionalists and modern buyers.

Upper East Side Live Market Data

View Neighborhood

Active Listings

338

Median Asking Price

$1.67M

Median $/Sqft

$1,534

Avg Days on Market

N/A

New This Week

29

Price Reduced

30%

Sold (30 Days)

36

Median Sale Price

$1.53M

Live data from RLS at REBNY • Updated 5/3/26, 8:22 AM EST

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Location

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1016 5th Avenue #8-B, Upper East Side, New York County • Near East 82nd Street/East 83rd Street

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1927
Year Built
99 years old
15
Floors
55
Residential Units
R10
Zoning District
Elevator Apartments Historic District: Metropolitan Museum Historic District

Tax & Assessment

Assessed Value: $19,514,250
Land Value: $3,645,000
Exemptions: $0

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

Lot Area: 13,999 SF
Building Area: 166,600 SF
Built FAR: 11.9
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 $6,692 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 3 bedrooms and 3 full bathrooms and 1 half bathroom.

According to MLS records, the building was constructed in 1926, making it approximately 100 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: RLS10835996
First Listed: 9/22/2022
Price Changed: 3/9/2023
Closed: 3/7/2023
Contract Date: 9/19/2022

Listing Courtesy of Compass - Kirk Henckels

Listing Contact: (917) 291-6700

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 5/3/2026 at 12:22 PM UTC

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