Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $3,800,000

· Closed September 9, 2024

Closed For Sale Co-op

$3,800,000

1148 5th Avenue #2A

Upper East Side, Manhattan

MLS® #RLS10955333

RLS at REBNY

Listing by Compass

3

Bedrooms

3

Baths

N/A

Sq. Ft.

1923

Year Built

Quick Summary

Bedrooms 3
Bathrooms 3
Year Built 1923
Ownership Co-op
Maintenance $7,017/mo
Neighborhood Upper East Side
Floor 2 of 13

Property Highlights

  • Views: Park Greenbelt
  • Exposure: West facing
  • Fireplace: 1 fireplace

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 8
Baths 3 Full
Floor 2 of 13
View Park Greenbelt
Exposure West
Cooling Central Air
Pets Yes, CatsOk, DogsOk
Year Built 1923
Structure Type HighRise
Flooring Hardwood
Furnished Unfurnished
Parcel # 1507-0069-01148-000-000002A
Block/Lot 01507/0069

Listing History

Event Date Price Change
Listed Oct 17, 2023 $4,150,000 -
Price Reduced Sep 14, 2024 $3,999,000 -3.6%
Currently Apr 27, 2026 $3,800,000 -5.0%

Description

Classic prewar elegance and grandeur characterize this magnificent 3-bedroom, 3-bathroom home, located in a white glove cooperative in Carnegie Hill. This remarkable property boasts 50 feet of direct Central Park views and showcases impeccably crafted interiors. A meticulous renovation has transformed this space into a haven for entertaining. The foyer flows into a gracious 35-foot entrance gallery, which provides access to three bedrooms, the extraordinary great room, and a chef’s kitchen. The generously proportioned living room, complete with a wood-burning fireplace and custom built-in bookshelves framing park-facing windows, seamlessly flows into the adjacent dining area. Just off the dining room is a windowed eat-in chef's kitchen. Details include coffered ceilings, custom cabinetry, sleek countertops, decorative tile backsplashes, and top-of-the-line appliances. Abundant pantry storage, a conveniently appointed service entrance, and an adjoining laundry room with vented washer and dryer further enhance this remarkable residence. All three bedrooms overlook Central Park's lush greenery, allowing you to enjoy the ever-changing seasonal scenery. The primary bedroom boasts a custom-outfitted walk-in closet, two additional closets, and a deluxe spa-inspired ensuite bath with dual vanities and an expansive steam shower with a marble backdrop behind glass. The second bedroom is graciously proportioned and has a large closet. The third bedroom is adaptable to your needs - whether to be used as a bedroom or a library. The windowed second bathroom is accessed from the bedroom hall and is complete with a tub/shower. Central air, prewar moldings, custom millwork, rich hardwood floors, and high ceilings complete this fabulous home. Designed by the renowned architect J.E.R. Carpenter and built in 1923, 1148 Fifth Avenue is a distinguished prewar masterpiece, offering residents the convenience of a full-time doorman, fitness center, laundry room in the building, bike storage, and basement storage. This pet-friendly building is ideally located in the heart of Carnegie Hill, just moments from Central Park, Museum Mile, high-end boutiques, fine dining establishments, and convenient cross-town transportation options. 50% financing is permitted. There is a 2% flip tax. Please note that weekend showings are not permitted. Showings are by appointment Monday through Friday.

Features & Amenities

Interior Features

Breakfast Bar Walk In Closets Building Washer Dryer Install Allowed Common On Floor Common Area In Unit Flooring: Hardwood Fireplace (1)

Appliances

Dryer Washer

Building Information

Building Data View Compliance & Permits
Total Units 59
Stories 13
Structure HighRise

Financial Details

Maintenance $7,017/mo
Original Price $4,150,000
Sale Price $3,800,000
Previous Price $3,999,000

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

340

Median Asking Price

$1.49M

Median $/Sqft

$1,559

Avg Days on Market

N/A

New This Week

27

Price Reduced

28%

Sold (30 Days)

32

Median Sale Price

$1.52M

Live data from RLS at REBNY • Updated 4/27/26, 12:49 PM EST

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Location

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1148 5th Avenue #2A, Upper East Side, New York County

Virtual Tour

Floor Plans

Floor Plan

Building Information

Official NYC property records for this building

1923
Year Built
103 years old
13
Floors
59
Residential Units
R10
Zoning District
Elevator Apartments Historic District: Expanded Carnegie Hill Historic District

Tax & Assessment

Assessed Value: $20,096,100
Land Value: $2,875,500
Exemptions: $45,490

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

Lot Area: 15,120 SF
Building Area: 166,158 SF
Built FAR: 10.99
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 $7,017 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 3 bedrooms and 3 full bathrooms.

According to MLS records, the building was constructed in 1923, making it approximately 103 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: RLS10955333
First Listed: 10/26/2023
On Market: 10/17/2023
Price Changed: 9/14/2024
Closed: 9/9/2024
Contract Date: 9/19/2023

Listing Courtesy of Compass - Allison Chiaramonte

Listing Contact: (646) 248-0193

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 4/27/2026 at 4:49 PM UTC

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