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1158 Fifth Avenue, #PHA

Listing no longer available on CityRealty as of Dec 22, 2021
It previously was on the market for a total of 449 days.
Last Sold on Dec 20, 2021 for $11,400,000
4 beds, 2.5 baths
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  • Buyers
  • Gregory Gordon Olafson
  • Marina Olafson
  • Sellers
  • Judith Steinhardt
  • Michael Steinhardt
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449 days on Market

Pricing History

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Key Details

  • Listed: Sep 29, 2020
    Last Price Change: -4% ($500,000) on Dec 22
    Days on Market: 449
    Building Type: Cooperative
    Neighborhood: Carnegie Hill (Manhattan)
    Doorman: FT Doorman
    Listing viewed 1,617 times
Monthly Maintenance: $12,862
Est. Monthly Mortgage: -
Total Est. Monthly Carrying Cost: $45,120
Note: the above is based on a down payment of 60% ($7,200,000), which is the minimum amount permitted by the building.

Description

Enjoy breathtaking direct Central Park and city skyline views from almost every room of this rare and extraordinary Fifth Avenue penthouse triplex offering. Regally proportioned and beautifully appointed, this elegant home commands an unparalleled position overlooking the full expanse of Central Park and its Jackie Onassis Reservoir, as well as a spectacular entertaining terrace for lavish indoor and outdoor living.

Enter through a grand gallery adorned by an architectural wrought iron central staircase and be drawn into the heart of this exceptional home. On its first floor, a massive corner living room sits perfectly alongside a large formal dining room.

Huge picture windows along Fifth Avenue run the entirety of the Western wall and wrap to the South, bathing the room in natural sunlight and drawing in stunning views over Central Park, with its glorious Reservoir at your feet and the skyline of the West Side beyond.

To the East of the living room, a sprawling formal dining room easily accommodates dinner for 20 and lies directly adjacent to the sun-filled, double-windowed eat-in kitchen. Kitchen finishes include black granite/marble countertops, a subway tile backsplash and custom cabinetry, as well as all stainless steel appliances including a new Subzero refrigerator, a double Thermador oven and a 6-burner Viking range outfitted with warming and storage drawers. Perfecting the first level of this home is a large and elegant wood-paneled library with direct Central Park views and an en-suite full bathroom overlooking the park as well, easily used as an additional bedroom or guest quarters, and a discreet powder room for guests as well.

Upstairs, the expansive master suite is bathed in sunlight through West- and South-facing picture windows overlooking the enormous private terrace, Central Park and beyond.

Two customized dressing rooms service this room, the first leading to a sumptuous primary bathroom with a double steam shower, stone flooring and Venetian plaster with foiled-glass detailing. The second dressing room has been impeccably outfitted and leads to its own additional half bath. Beyond the primary suite is a glass-enclosed second bedroom enveloped by this floor’s primary private terrace to its West and a second private planting terrace to its East.

The primary terrace is fully landscaped and pours over Central Park, with grand space for extensive outdoor living and dining. The East-facing terrace retains beautiful original ironwork, a decorative fountain and an array of verdant planters and trees reminiscent of an English garden.

On the third level is the solarium, resting like a jewel box atop this magnificent penthouse, with 16-foot ceilings in a glass-enclosed arched atrium of floor-to-ceiling windows perched dramatically high above Central Park. Currently used as a show-stopping study, it could serve as a glorious bedroom as well.

There is an additional corner room on this level with the same dramatic views West as well as bridge views to the North, currently serving as a home office, as well as a powder room.

Exquisite and stately, Penthouse A at 1158 Fifth Avenue offers spectacular indoor and outdoor space, glorious views and the perfect balance of prewar grandeur with modern conveniences. Additional features include a huge laundry room exclusive to and just outside the apartment, a Lutron lighting and shade system, multiple-zone central air, electric solar, blackout and decorative shades and a hardwired security system. For those wishing to enjoy the terrace alongside their entertaining space instead, the first and second floors can potentially be flipped to accommodate up to four bedrooms on the first floor with a massive living, dining and kitchen floor occupying the second.

Also included in this offering is a separate 1-bedroom, 1-bathroom guest residence on the building’s first floor, fully renovated and easily used as a staff apartment or home office as well.

1158 Fifth Avenue is a landmarked prewar building completed in 1924 and incorporated in 1945. Designed by C. Howard Krane and Kenneth Franzheim in the French Renaissance-style, the building sits atop a 3-story limestone base and is clad in tan brick with wrought iron and limestone detailing.

Its beautiful lobby features vaulted ceilings and ornate original details. Residents are serviced by a full-time staff of doormen and concierges as well as a live-in resident manager, and amenities include a fitness center, private storage, bicycle storage and central laundry. Located in prime Carnegie Hill and along Central Park, it is surrounded by the finest of the city’s museums, a rich host of luxury and boutique shopping and dining and Manhattan’s most preeminent schools.

Financing is allowed up to 40% and pets are permitted.

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Apartment Amenities

  • Terrace

About 1158 Fifth Avenue

82

1158 Fifth Avenue has received a CityRealty Rating of 82, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

26
Out of 44
+
25
Out of 36
+
21
Out of 39
+
10
=
82
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Distinguished 6 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
Dramatic 3 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
Yes and Good 2 out of 3 points
Skyline:
Highly Visible 2 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Allowed and Present 0 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
Attractive 2 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Very Attractive with Trees 4 out of 5 points
Distance To Neighborhood Center:
Less than 50 blocks 1 out of 5 points
Views:
Dazzling 4 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Considerable 1 out of 3 points
Protected Views:
Many 2 out of 2 points
Distance To Subway:
More than 5 Short Blocks 0 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
3-5 Short Blocks 1 out of 2 points
Distance To Park:
Less Than 3 Short Blocks 2 out of 2 points
Distance To Water:
3-6 Short Blocks 1 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Stunning 5 out of 5 points
Units Per Floor:
3-4 3 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
Some 1 out of 3 points
Health Club:
Yes 1 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Considerable 2 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
Some 1 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
Yes 1 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Many 2 out of 2 points

Building Amenities

  • Concierge
  • FT Doorman
  • Pre War
  • Elevator
  • Fitness Center
  • Laundry Room
  • Bike Room
  • Landmarked

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