Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
1143 5TH Avenue

For Sale · Listing by Corcoran Group

1143 5TH Avenue

Carnegie Hill, Manhattan

$59,000,000

Interested in this property?
Active For Sale • Multi Family

$59,000,000

$2,797 per sq ft

1143 5TH Avenue

Carnegie Hill, Manhattan

MLS® #RLS20118923

RLS at REBNY

Listing by Corcoran Group

14
Bedrooms
16.5
Baths
21,095
Sq. Ft.
1923
Year Built

Quick Summary

Bedrooms 14
Bathrooms 17 full, 6 half
Living Area 21,095 sq ft
Lot Size 3,000 sq ft
Year Built 1923
Ownership None
Property Taxes $330,648/yr
Neighborhood Carnegie Hill
Floor 1 of 7

Property Highlights

  • Views: Other
  • Character: Pre-war building (1923)

Property Details

Type Multi Family
Ownership None
Total Rooms 29
Baths 16 Full, 6 Half
Floor 1 of 7
View Other
Pets Yes
Year Built 1923
Living Area 21,095 sq ft
Structure Type Townhouse
Basement Other
Lot Size 3,000 sq ft
Parcel # 1507-0004
Block/Lot 01507/0004

Listing History

Event Date Price Change
Listed Oct 2, 2026 $59,000,000 -
Currently Oct 3, 2026 $59,000,000 -

Description

1143 FIFTH AVENUE / Designed by J.E.R. Carpenter 30-Foot-Wide Fifth Avenue Residence / 20,000+ Square Feet Designed by renowned New York architect J.E.R. Carpenter and erected in 1923, 1143 Fifth Avenue is a distinguished 30-foot-wide Neo-Federal property of brick and limestone, prominently positioned directly opposite Central Park. Spanning 20,000+ square feet across eight levels, the property has undergone a comprehensive, decade-long reconstruction. While preserving its historic facade, the building has been entirely rebuilt and expanded to the limit of the lot line while still retaining FAR rights with a new concrete and steel structure, new sewer, gas and electrical services, new mechanical systems, upgraded life-safety systems, elevator service, and fiber-optic connectivity-providing the infrastructure and performance of a thoroughly modern building. 1143 Fifth Avenue represents a rare combination of architectural pedigree, Central Park frontage, exceptional scale, and a completely new infrastructure, offering a future owner the opportunity to shape one of Manhattan's most distinctive residential properties according to their vision. The property is currently configured as seven full-floor residences of approximately 2,000 square feet, private outdoor, multiple exposures, and direct Central Park views. Each residence features Wolf kitchens, marble bathrooms with heated floors, solid white oak flooring and paneling, integrated home technology, and in-residence laundry. Additional amenities include a private penthouse terrace, rooftop terrace, rear yard, and attended lobby, with the terraces offering commanding Central Park and city views. OPTION 2 - SINGLE FAMILY Its exceptional width and vertical scale, combined with the renewed structural and building systems, provide a substantial foundation for a highly customized residence. The property could accommodate expansive entertaining spaces, multiple bedroom suites, libraries, offices, wellness and recreational spaces, staff accommodations, and other amenities associated with a grand Fifth Avenue home. Subject to applicable design requirements, 1143 Fifth Avenue offers the potential to be reimagined as a singular private residence on a scale rarely available in Manhattan. OPTION 3 - 3-UNIT COMBINATION The property could also be structured as a boutique condominium/rental with three distinct residences: a three-level triplex at the base, a refined duplex in the middle, and an exceptional top-floor triplex. Each residence offers its own distinct experience, with generous scale, privacy, and flexibility, while the configuration creates an opportunity for both individual ownership and a larger multi-residence strategy. The bottom triplex offers three floors of volume and flow, ideal for entertaining and flexible living; the duplex provides balanced, elegant living with a clear separation between public and private spaces; and the top triplex features three interior floors, three private terraces, and a dedicated roof, creating a rare, elevated residence defined by light, views, and exceptional outdoor living.

Features & Amenities

Interior Features

Smoke Free In Unit

Exterior Features

None

Building Amenities

Elevators Green Building

Building Information

Building Data View Compliance & Permits
Total Units 8
Stories 7
Structure Townhouse

Financial Details

RE Taxes $330,648/yr ($27,554/mo)

Carnegie Hill is a low-traffic residential section of the Upper East Side defined by proximity to Central Park and Museum Mile. The area features low-rise historic architecture and large pre-war cooperatives, with landmarked blocks and boutique retail along Madison Avenue.

Carnegie Hill Live Market Data

View Neighborhood

Active Listings

103

Median Asking Price

$2.19M

Median $/Sqft

$1,549

Avg Days on Market

N/A

New This Week

13

Price Reduced

32%

Sold (30 Days)

15

Median Sale Price

$1.91M

Live data from RLS at REBNY • Updated 10/3/26, 7:01 AM EST

Location

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1143 5TH Avenue, Carnegie Hill, New York County

Floor Plans

Floor Plan 1
Floor Plan 2
Floor Plan 3
Floor Plan 4
Floor Plan 5

Building Information

Official NYC property records for this building

1923
Year Built
103 years old
7
Floors
7
Residential Units
R10
Zoning District
Elevator Apartments Historic District: Expanded Carnegie Hill Historic District

Tax & Assessment

Assessed Value: $5,530,500
Land Value: $1,017,000
Exemptions: $0

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

Lot Area: 3,017 SF
Building Area: 21,095 SF
Built FAR: 6.99
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 annual property tax is $330,648, or roughly $27,554 per month. Verify the current assessment with your attorney before closing.

This property has 14 bedrooms and 16 full bathrooms and 6 half bathrooms.

The listed interior living area is 21,095 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1923, making it approximately 103 years old.

This listing is None

Pets are permitted at this property. Contact Milton Coste for weight limits or breed restrictions.

At the current list price of $59,000,000 for 21,095 sq ft, the asking price per square foot is approximately $2,797. 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) 416-7433
MLS® ID: RLS20118923
First Listed: 10/2/2026
On Market: 10/2/2026
Price Changed: 10/2/2026
Contract Date: 10/2/2026

Listing Courtesy of Corcoran Group - Carrie Chiang

Listing Contact: (917) 293-0082

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 10/3/2026 at 11:01 AM UTC

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Milton Coste - NYC Real Estate Broker

Milton Coste

Licensed Real Estate Associate Broker

Keller Williams NYC

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Sale history, taxes, violations and comps for this unit

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Carnegie Hill Market Update

15 sales last 30 days · $2.19M median · 6.9 months supply

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Quick Facts

Status Active Type Multi Family Neighborhood Carnegie Hill Borough Manhattan
County New York
Floor 1 of 7
Year Built 1923
First Listed 10/2/2026
Living Area 21,095 sqft
Annual Tax $330,648

Monthly Costs Estimate

Down Payment 20%

$11,800,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Est. Taxes $27,554
Total Monthly $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 $25M and above at 3.90%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$2,301,000

Run the numbers on a different offer price

Estimate based on the asking price. Confirm your own obligation with your real estate attorney.

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