Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $9,500,000

· Closed July 8, 2024

Closed For Sale Condo

$9,500,000

$3,256 per sq ft

1049 5TH Avenue #17B

Upper East Side, Manhattan

MLS® #RLS10981116

RLS at REBNY

Listing by Serhant LLC

4

Bedrooms

4

Baths

2,918

Sq. Ft.

1928

Year Built

Quick Summary

Bedrooms 4
Bathrooms 4
Living Area 2,918 sq ft
Year Built 1928
Ownership Condo
HOA/Common Charges $6,103/mo
Property Taxes Contact for details
Neighborhood Upper East Side
Floor 17 of 22

Property Highlights

  • Views: City, River
  • Exposure: East,North,West facing
  • Outdoor Space: Terrace

Property Details

Type Condo
Ownership Condominium
Total Rooms 6
Baths 4 Full
Floor 17 of 22
View City, River
Exposure East,North,West
Cooling Other
Pets Yes
Year Built 1928
Living Area 2,918 sq ft
Structure Type HighRise
Basement Other
Parcel # 1497-1102
Block/Lot 01824/1102

Listing History

Event Date Price Change
Listed May 21, 2023 $11,995,000 -
Price Reduced Jul 8, 2024 $9,995,000 -16.7%
Currently Apr 28, 2026 $9,500,000 -5.0%

Description

Introducing a Rare Fifth Avenue 3-4 Bedroom Condo on Museum Mile with Breathtaking Direct Views of the Reservoir & Central Park with Two Substantial Private Outdoor Terraces Welcome to an exceptional opportunity to own a one-of-a kind prime Upper East Side Museum Mile home with direct stunning Reservoir and Central Park views and two private outdoor terraces offering the best in indoor/outdoor living in one of the few Condominiums on Fifth Avenue. There is simply nothing else like it. Perched on the 17th floor at 86th Street and Fifth Avenue offering the ideal elevation and optimal position, this home boasts 46 linear feet of frontage facing Central Park with dramatic Reservoir, Central Park and skyline views from both the living room and the private terrace. This apartment is one of the only apartments at 1049 Fifth Avenue that has substantial outdoor space and direct views of the Reservoir and Central Park. In addition to 800 square feet of outdoor space, this Fifth Avenue corner home features a sprawling and luxurious interior of 2918 square feet boasting 3 spacious corner bedroom suites, with double exposures, 4 full bathrooms, a den/dining room (or 4th bedroom), and a windowed eat-in kitchen. A semi-private landing opens to a welcoming entry foyer leading to the corner double wide living room wrapped in windows framing the spectacular picture postcard direct views of the Reservoir and Central Park and skyline offering rare triple exposure (West, South and North), and seamless integrated dining space perfect for entertaining. Right off the living room is direct access to the private and spacious West terrace of 400 square feet with direct head on sweeping panoramic views of the Reservoir and Central Park and the NYC skyline which are equally stunning day and night. This West terrace is perfect for entertaining, lounging, and al fresco dining. This West terrace is also accessible from the den/dining room (alternative 4th bedroom). The windowed eat-in kitchen features polished granite floors, counters and backsplash, and wood-and-glass cabinetry with ample storage. This homes well designed layout features three substantial bedroom suites in a separate wing located down the gallery hall away from the entertaining space offering privacy. All three corner bedroom suites are spacious and sun-filled and benefit from windows with double exposure, ensuite bathrooms, and substantial closet space. The spacious and private luxurious primary suite is a secluded peaceful retreat with two exposures East and North, and offers direct access to a 400 square foot private sun-filled terrace with oblique views of the Reservoir and Central Park as well as stunning sweeping east facing skyline views. The primary suite is designed to accommodate a king size bed and couch, and features a large walk-in closet, two additional reach-in closets, and an ensuite bathroom with double sinks, a walk in shower, and a deep soaking tub. This East terrace off the master bedroom is also accessible from the North secondary bedroom. This unique home also features a walk-in closet in the foyer, herringbone hard wood floors, HVAC, and in-unit washer and dryer. 1049 Fifth Avenue is one of the few rare Condominium buildings on Fifth Avenue, and is a coveted boutique full-service luxury Condo with only 2 residences per floor in a prime Upper East Side location on Museum Mile next to the Neue Galerie and a few blocks to the Metropolitan Museum. Built in 1928 as the Adams Hotel, when this elegant pre-war building was converted to a modern residential Condo, it was renovated and re-designed by the notable Costas Kondylis Architects. Residents enjoy white-glove service, including a full-time doorman and concierge, and an on-site resident manager., and a prime Upper East Side location steps to the best in world-class restaurants, and designer shopping. Pied a terres and pets are welcome. Total square footage listed includes interior square feet of 2918 sf plus 50% of the exterior square footage of 803 sf. 2% ip tax paid by purchaser. Temporary assessment of $2798.48 per month until September 30, 2023.

Features & Amenities

Interior Features

Smoke Free Building Other In Unit

Exterior Features

None Terrace

Building Amenities

Elevators

Building Information

Building Data View Compliance & Permits
Total Units 66
Stories 22
Structure HighRise

Financial Details

Common Charges $6,103/mo
RE Taxes Contact for details
Original Price $11,995,000
Sale Price $9,500,000
Previous Price $9,995,000

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

343

Median Asking Price

$1.52M

Median $/Sqft

$1,546

Avg Days on Market

N/A

New This Week

26

Price Reduced

28%

Sold (30 Days)

34

Median Sale Price

$1.53M

Live data from RLS at REBNY • Updated 4/27/26, 10:08 PM EST

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Location

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1049 5TH Avenue #17B, Upper East Side, New York County

Virtual Tour

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1928
Year Built
98 years old
22
Floors
66
Residential Units
R10
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $26,678,256
Land Value: $5,062,500
Exemptions: $2,290

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

Lot Area: 10,216 SF
Building Area: 131,838 SF
Built FAR: 12.91
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 common charges are $6,103 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 4 bedrooms and 4 full bathrooms.

The listed interior living area is 2,918 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1928, making it approximately 98 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $9,500,000 for 2,918 sq ft, the asking price per square foot is approximately $3,256. This figure is for reference only and may differ from appraised or assessed values.

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: RLS10981116
First Listed: 2/7/2024
On Market: 5/21/2023
Price Changed: 7/8/2024
Closed: 7/8/2024
Contract Date: 5/21/2023

Listing Courtesy of Serhant LLC - Donna Strugatz

Listing Contact: (917) 653-3643

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 4/28/2026 at 2:08 AM UTC

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