Under Contract – Backup offers may be accepted
1049 5th Avenue #PH20
MLS® #RLS20026861
Listing by Compass
5
Bedrooms
6.5
Baths
4,661
Sq. Ft.
1928
Year Built
Quick Summary
Property Highlights
- Exposure: East,North,South,West facing
- Outdoor Space: Balcony
- Fireplace: 1 fireplace
Property Details
Description
High above Fifth Avenue, where the city gives way to the green expanse of Central Park, a rare and remarkable canvas awaits. Penthouse 20 at 1049 Fifth Avenue spans over 4,650 square feet across a full floor, with sweeping views of Central Park and the skyline, elegantly framed by multiple private terraces. Accessed via a private elevator landing, the residence opens into a grand entry hall that is bathed in natural light from every direction. The layout is gracious and well-proportioned, offering an exceptional opportunity to reimagine a home of rare scale and sophistication atop Fifth Avenue. The western and northern wing hosts dramatic entertaining spaces: a double living room with a classically framed fireplace and panoramic Park and Reservoir views; a richly paneled library; a large media room with adjacent terrace; a windowed kitchen with breakfast area overlooking the Reservoir; and a spacious dining room flanked by two additional terraces. The eastern and southern wing features five bedrooms, each with en-suite baths, including one with a private terrace. The primary suite offers a sense of scale and privacy rarely found complete with dual bathrooms and separate dressing rooms. Throughout, oversized picture windows capture the surrounding vistas and flood the home with natural light. The offering includes a separate studio apartment on the third floor and a private storage locker. 2% flip tax payable by purchaser. 1049 Fifth Avenue is a distinguished white-glove condominium located along Manhattan’s Museum Mile, directly across from Central Park. Originally built in 1928 as the Adams Hotel, the 23-story tower is an elegant example of Functionalist architecture. In the early 1990s, the building was meticulously transformed into a luxury condominium with architecture by Costas Kondylis and interiors by Cullman & Kravis. Today, it offers residents full-service amenities including a 24-hour doorman, concierge, and resident manager.
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 quiet, 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
278
Median Asking Price
$1.82M
Median $/Sqft
$1,589
Avg Days on Market
N/A
New This Week
19
Price Reduced
30%
Sold (30 Days)
41
Median Sale Price
$1.40M
Live data from RLS at REBNY • Updated 2/20/26, 11:31 AM EST
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Location
1049 5th Avenue #PH20, Upper East Side, New York County
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
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Listing Courtesy of Compass - Robert Varvara
Listing Contact: (914) 844-4940
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.
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RLS Data display by Keller Williams NYC. Data last updated on 2/20/2026 at 4:31 PM UTC