1148 Fifth Avenue

PRICING INFORMATION FOR 1148 Fifth Avenue
Six+ Bedrooms from $7,425,000 (updated May 25, 2012)
Three Bedrooms from $3,450,000 (updated May 25, 2012)

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1148 Fifth Avenue: CARTER'S REVIEW


This large, attractive apartment building at 1148 Fifth Avenue on the southeast corner at 96th Street was designed by J. E. R. Carpenter, the foremost architect of luxury residential buildings in the city of his generation. Walter B. Chambers was the associate architect.

His other buildings on Fifth Avenue include 810, 825, 907, 920, 950, 988, 1030, 1035, 1060, 1115, 1120, 1143, 1150, 1165 and 1170 as well as 2 East 66th Street.

Erected in 1923, the 13-story building, which has 70 apartments, was converted to a cooperative in 1991. It is very similar to 1150 Fifth Avenue, which is directly across 96th Street and was designed by the same architect, albeit for a different developer.

In his excellent book, "The New York Apartment Houses of Rosario Candela and James Carpenter" (Acanthus Press, 2001), Andrew Alpern notes that the building originally had 48 units and 30 servants' rooms. "Two days after filing for the plans of this 13-story building," Alpern continued, "the Board of Estimate limited building heights on upper Fifth Avenue to 75 feet. Owner/developer Mary Jennings filed a mandamus action claiming that her filing two days before the passage of the zoning change entitled her to a building permit. With the support of James Carpenter who vigorously opposed the height ban, she won and construction began more than ten months after the filing date. In 1950, roof-top maids' rooms were converted into penthouse apartments, and in 1994 the penthouse parapet wall was cut down, the top floor facade was altered, and an iron railing was installed to provide a park view to the front penthouse apartment (similar to alternation made in 1932 to 1030 Fifth Avenue)."

While not as grand as some of Carpenter s other buildings further south, or 1158 one block to the north, this building has very handsome apartments, many with large entrance halls.

The building has a limestone base, extensive sidewalk landscaping, a doorman, a concierge, large attractive layouts with large entrance halls, good views of Central Park, and a large lobby. It is at the exit of the eastbound 96th Street Central Park transverse road, but, fortunately, the westbound traffic across the park uses 97th Street.

Large, white spandrels at the building's base unfortunately distract considerably from the building's exterior ambiance.

It has no garage, no balconies and no health club.

The cross-street here is quite handsome and many important cultural institutions are nearby to the south on Fifth Avenue's "Museum Mile." The Carnegie Hill neighborhood here has many fine schools and attractive restaurants and religious institutions. A local subway station is at 96th Street and Lexington Avenue and Mt. Sinai Hospital is a few blocks to the north on Fifth Avenue. A large children's playground is just within Central Park on the south side of 96th Street.

It was converted in 1962.



BUILDING SUMMARY
  • Cooperative
  • Built in 1923
  • Located in Carnegie Hill
  • 70 apartments
  • 13 floors
  • Approx. avg. price per sq ft: $1,232
FEATURES & AMENITIES
  • FT Doorman
  • Hi Rise
  • Pre War
  • Basement Storage
  • Elevator
PROS & CONS
PROS
  • Overlooks Central Park
  • Overlooks playground in Central Park
  • Doorman
  • Pre-war building
  • Sidewalk landscaping
  • Convenient to numerous museums
  • Convenient to numerous schools
  • Good bus service
  • Convenient to K & D Liquor Store

CONS
  • Many apartments
  • Considerable traffic
  • Not close to subway
  • No garage

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All data is deemed reliable but is not guaranteed accurate by the REBNY / RLS or CityRealty. See Terms of Service for additional restrictions. All information furnished regarding New York City property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer. The number of bedrooms listed on this website is not a legal conclusion. Each person should consult with his/her own attorney, architect or zoning expert to make a determination as to the number of rooms in the unit that may be legally used as a bedroom.