Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $7,900,000

· Closed July 9, 2024

1025 5TH Avenue #PHAN
Closed For Sale Co-op

$7,900,000

1025 5TH Avenue #PHAN

Upper East Side, Manhattan

1025 FIFTH AVENUE

MLS® #RLS10985526

RLS at REBNY

Listing by Douglas Elliman Real Estate

4

Bedrooms

3

Baths

N/A

Sq. Ft.

1955

Year Built

Quick Summary

Bedrooms 4
Bathrooms 3
Year Built 1955
Ownership Co-op
Maintenance $12,253/mo
Parking Garage
Neighborhood Upper East Side
Floor 13 of 13

Property Highlights

  • Views: City, Park Greenbelt
  • Exposure: North,South,West facing
  • Outdoor Space: Terrace

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 7
Baths 3 Full
Floor 13 of 13
View City, Park Greenbelt
Exposure North,South,West
Pets Yes
Year Built 1955
Parking Garage Available
Structure Type HighRise
Basement Other
Block/Lot 01495/0004

Listing History

Event Date Price Change
Listed May 23, 2022 $13,500,000 -
Price Reduced Jul 12, 2024 $9,750,000 -27.8%
Currently Apr 28, 2026 $7,900,000 -19.0%

Description

PRICE REDUCTION! BRING ALL OFFERS!

Sweeping. magical views abound from this Fifth Avenue penthouse jewel with 2 wood burning fireplaces. Magnificent wrap-around terrace with breathtaking north, south, and west panoramic views. Enjo your new home in this expansive 4 bedroom, home office, and 3 bathroom apartment atop one of Fifth Avenue's premier coops.

You enter into a double wide living room, which is perfect for entertaining with the first fireplace, and are greeted by views of the Metropolitan Museum of Art and Central Park through floor-to-ceiling windows and from the wraparound terrace. The terrace, which wraps around the entire home, offers north, south, and west views with beautiful sunsets. The gracious layout is enhanced by ample light as you walk past the custom bar, fully equipped with refrigerator and ice-maker, towards the large office. The living room opens to the dining area, which can easily accommodate 8 guests. Once past the comfortable den, you enter the oversized primary bedroom suite which has the second fireplace, spacious closets, plenty of room for a sitting area, and an en-suite bathroom.

1025 Fifth Avenue is a luxury, full-service building located between 83rd and 84th Streets. It greets visitors with impeccably manicured year-round gardens leading to a spacious entrance lobby designed by Raymond Loewy Associates. Building amenities include 24-hour doormen, concierge service, a live-in resident manager, an on-site garage (with substantially reduced rates for owners), a fitness center and bicycle storage room. This pet-friendly building permits pieds-a-terre, washers and dryers, and up to 75% financing for first purchasers (unique among Fifth avenue buildings). Built as a cooperative in 1955, 1025 Fifth offers residents the opportunity to live in one of the most historic spots on Museum Mile. This coveted location is only a few blocks to many of the best private and public schools, all major transportation and several of the Upper East Side's finest restaurants and shops.

Features & Amenities

Interior Features

Smoke Free Building None Building Washer Dryer Install Allowed In Unit Fireplace (2)

Exterior Features

None Terrace

Building Amenities

Elevators

Appliances

Washer Dryer Allowed

Building Information

Financial Details

Maintenance $12,253/mo
Original Price $13,500,000
Sale Price $7,900,000
Previous Price $9,750,000

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

Similar Listings in Upper East Side

View All

Location

Loading map...

1025 5TH Avenue #PHAN, Upper East Side, New York County

Floor Plans

Floor Plan 1
Floor Plan 2

Building Information

Official NYC property records for this building

1955
Year Built
71 years old
13
Floors
160
Residential Units
R8B
Zoning District
Elevator Apartments Historic District: Metropolitan Museum Historic District

Tax & Assessment

Assessed Value: $37,996,650
Land Value: $7,650,000
Exemptions: $426,488

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

Lot Area: 36,710 SF
Building Area: 312,550 SF
Built FAR: 8.51
Allowed FAR: 4

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 $12,253 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 4 bedrooms and 3 full bathrooms.

According to MLS records, the building was constructed in 1955, making it approximately 71 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: RLS10985526
First Listed: 1/9/2022
On Market: 5/23/2022
Price Changed: 7/12/2024
Closed: 7/9/2024
Contract Date: 1/2/2022

Listing Courtesy of Douglas Elliman Real Estate - Brad Lauren

Listing Contact: (917) 952-6153

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

Buying a Co-op? Start Here

Co-op vs. Condo: Which Is Right for You?

Ownership structure, board approval, financing: the full comparison.

Read article

How to Ace Your Co-op Board Interview

What boards look for, common questions, and how to prepare.

Read article

NYC Flip Tax Guide for Sellers

What co-op flip taxes are, how they're calculated, and who pays.

Read article

HDFC Co-ops: Complete Guide

Income limits, resale caps, and how to qualify for affordable co-ops.

Read article

Interested in this property?

Get a response within 2 hours

Your info is secure and never shared.

View Active Listings Call Milton