Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $8,500,000

· Closed March 2, 2022

1045 5TH Avenue #PH
Closed For Sale Co-op

$8,500,000

1045 5TH Avenue #PH

Upper East Side, Manhattan

MLS® #RLS10886561

RLS at REBNY

Listing by Sotheby's International Realty, Inc.

4

Bedrooms

4.5

Baths

N/A

Sq. Ft.

1965

Year Built

Quick Summary

Bedrooms 4
Bathrooms 5 full, 1 half
Lot Size 4,400 sq ft
Year Built 1965
Ownership Co-op
Maintenance $14,994/mo
Neighborhood Upper East Side
Floor 15 of 15

Property Highlights

  • Views: Park Greenbelt
  • Exposure: East,North,South,West facing
  • Outdoor Space: Balcony

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 10
Baths 4 Full, 1 Half
Floor 15 of 15
View Park Greenbelt
Exposure East,North,South,West
Cooling Central Air
Pets Yes
Year Built 1965
Lot Size 4,400 sq ft
Parcel # 1497-0073-01045-000-00000PH

Listing History

Event Date Price Change
Listed Jun 17, 2021 $12,000,000 -
Price Reduced Mar 21, 2022 $10,500,000 -12.5%
Currently May 14, 2026 $8,500,000 -19.0%

Description

Direct views of Central Park are mesmerizing throughout this exceptional duplex Penthouse. Situated above the tree line, the residence comprises the 15th and 16th floors, with additional space on the 17th floor. Each floor is graced with dazzling western views through 40 feet of floor to ceiling windows with glassed terraces directly overlooking Central Park. The view encompasses the Jacqueline Onassis reservoir with the carpet of Central Park's plush greenery laid out at your feet and continues south and north as far as the eye can see. The breathtaking views are matched only by the open and generous interior space which is a clean palate awaiting your vision. The apartment is a white box and is ready for your architect to create a one of a kind custom residence. Plans have been designed which provide for 3/4 bedrooms, a luxurious master suite, an expansive eat-in kitchen, three fireplaces and terraces galore and can be made available for review. 1045 Fifth Avenue located on the Museum Mile of Fifth Avenue is a full-service cooperative with a distinctive glass façade. Built in 1967, the builder presented this PH trophy apartment as a gift to his wife where they resided throughout their lives. Originally built with 25 apartments, there are currently 12 private residences. Pied a terre permitted.

Features & Amenities

Interior Features

Den Separate Formal Dining Room Entrance Foyer Eat In Kitchen Building Washer Dryer Install Allowed Common Area Fireplace

Exterior Features

Balcony Balcony

Building Information

Financial Details

Maintenance $14,994/mo
Original Price $12,000,000
Sale Price $8,500,000
Previous Price $10,500,000

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

341

Median Asking Price

$1.67M

Median $/Sqft

$1,498

Avg Days on Market

N/A

New This Week

20

Price Reduced

28%

Sold (30 Days)

41

Median Sale Price

$1.59M

Live data from RLS at REBNY • Updated 5/14/26, 4:49 AM EST

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Location

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1045 5TH Avenue #PH, Upper East Side, New York County

Floor Plans

Floor Plan 1
Floor Plan 2

Building Information

Official NYC property records for this building

1967
Year Built
59 years old
15
Floors
18
Residential Units
R10
Zoning District
Elevator Apartments Historic District: Metropolitan Museum Historic District

Tax & Assessment

Assessed Value: $6,097,950
Land Value: $693,000
Exemptions: $2,290

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

Lot Area: 4,400 SF
Building Area: 43,900 SF
Built FAR: 9.98
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 $14,994 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 4 bedrooms and 4 full bathrooms and 1 half bathroom.

According to MLS records, the building was constructed in 1965, making it approximately 61 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: RLS10886561
First Listed: 6/17/2021
Price Changed: 3/21/2022
Closed: 3/2/2022
Contract Date: 6/17/2021

Listing Courtesy of Sotheby's International Realty, Inc. - Serena Boardman

Listing Contact: (212) 606-7611

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 5/14/2026 at 8:49 AM UTC

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