For Sale · Listing by Sothebys International Realty
1016 5th Avenue #11AC
Upper East Side, Manhattan
$17,500,000
1016 5th Avenue #11AC
MLS® #RLS20054267
Listing by Sothebys International Realty
- 4
- Bedrooms
- 5.5
- Baths
- 5,500
- Sq. Ft.
- 1929
- Year Built
Quick Summary
Property Highlights
- Views: City, Skyline, See Remarks
- Exposure: North,West facing
- Fireplace: 1 fireplace
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Oct 13, 2025 | $17,500,000 | - |
| Currently | Oct 13, 2026 | $17,500,000 | - |
Description
Expertly designed by AD100 designer Juan Montoya, this grand Fifth Avenue residence is a triumph of sophistication and scale. Recently renovated to the highest standards with exquisite finishes and extraordinary attention to detail, the home offers over 5,500 square feet of elegant living space and a flexible floor plan with generous entertaining rooms and up to four bedrooms. At its heart lies a spectacular 1,200-square-foot living room, remarkable for its vast square proportions and seamless flow into the adjacent formal dining room—an ideal layout for gracious entertaining. The chef’s kitchen is both sleek and highly functional, featuring state-of-the-art appliances, a large center island, extensive storage, and an adjoining staff suite and laundry room with side-by-side appliances and a utility sink. Enjoying absolute privacy, the primary suite is a serene haven with mesmerizing views of Central Park and the Metropolitan Museum of Art. The suite includes a generous sitting area, two teak-paneled bathrooms, double dressing rooms with fully customized storage, and soundproof windows—all designed for ultimate comfort and tranquility. There are three additional spacious bedrooms, each with an ensuite bathroom. Two of these overlook East 83rd Street; one is currently configured as a library with a wood-burning fireplace, while the third—an expansive, wood-paneled room with coffered ceilings, private entrance, and luxurious steam shower—captures beautiful western light and partial Central Park views. Every room enjoys open and attractive exposures. The home’s refined aesthetic is underscored by rare wood finishes, eight-foot lacquered doors, and wide-plank oak floors throughout. A six-zone central air system with humidification, new custom double-paned landmark windows, Lutron-controlled lighting and shades, and a fully integrated home automation system complete this meticulously executed renovation. Located at 1016 Fifth Avenue, a premier white-glove cooperative with a canopied entrance on East 83rd Street, the building offers a magnificent marble lobby, full-time doorman and porters, and a resident manager. Additional amenities include a state-of-the-art fitness center and private storage units. Pied-à-terres and 50% financing are permitted, and pets are welcome.
Features & Amenities
Interior Features
Exterior Features
Building Amenities
Appliances
Building Information
Financial Details
About Upper East Side
View All Upper East Side ListingsThe 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 NeighborhoodActive Listings
318
Median Asking Price
$1.77M
Median $/Sqft
$1,538
Avg Days on Market
N/A
New This Week
18
Price Reduced
27%
Sold (30 Days)
56
Median Sale Price
$1.40M
Live data from RLS at REBNY • Updated 10/12/26, 8:19 PM EST
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Location
1016 5th Avenue #11AC, Upper East Side, New York County
Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
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
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed monthly maintenance are $16,862 per month. Confirm the exact amount with Milton Coste 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 4 bedrooms and 5 full bathrooms and 1 half bathroom.
The listed interior living area is 5,500 square feet. Verify dimensions independently during due diligence.
According to MLS records, the building was constructed in 1929, making it approximately 97 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: UnitYes. Contact Milton Coste for weight limits or breed restrictions.
At the current list price of $17,500,000 for 5,500 sq ft, the asking price per square foot is approximately $3,182. 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 milton@miltoncoste.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) 416-7433Listing Courtesy of Sothebys International Realty - 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.
How working with a buyer's agent works: I work for you, not the seller. Before I show you anything, New York brokerage rules ask us to put that in writing: an agreement and a disclosure that say I work for you and negotiate on your behalf. The agreement is non-exclusive: you can work with other agents, it runs for a short fixed term we agree on, and you can end it with a note. You may attend open houses independently without an agreement. Read how it works
RLS Data display by Keller Williams NYC. Data last updated on 10/13/2026 at 12:19 AM UTC
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Sale history, taxes, violations and comps for this unit
Before you bid
Pre-Offer Report: 1016 5th Avenue #11AC
At $17,500,000, the listing leaves out what decides the offer: the recorded sale history, the tax and abatement picture, open building violations and permits, and the closed sales that set the price. Milton prepares the report from public records. No obligation.
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What happens next
- 1Milton emails you today.
- 2A short call about what you want and when.
- 3The agreement arrives electronically after the call. Then showings.
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You're contacting Milton Coste, a buyer's agent. Before any private showing, New York brokerage rules require a short non-exclusive agreement. Milton walks you through it before you sign anything. Broker commissions are not set by law and are fully negotiable. How working together works.
Upper East Side Market Update
56 sales last 30 days · $1.77M median · 5.7 months supply
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Quick Facts
Monthly Costs Estimate
$3,500,000
Source: Freddie Mac PMMS
Est. Monthly Payment
$0
Estimates only. Consult a lender for exact figures.
Mansion tax applies at this price point
New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $15M to $19,999,999 at 3.50%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.
Estimated mansion tax at asking
$612,500
Estimate based on the asking price. Confirm your own obligation with your real estate attorney.
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