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In Contract

1001 Fifth Avenue, #8AB

$1,999,999 -23.1% | 3 beds, 3.5 baths
View Full Building Profile  | 
122 days on Market

Key Details

  • Listed: Jan 8, 2024
    Last Price Change: -23.1% ($600,001) on Jan 31
    Days on Market: 122
    Building Type: Cooperative
    Neighborhood: Carnegie Hill (Manhattan)
    Doorman: FT Doorman
    Listing viewed 259 times
Monthly Maintenance: $6,023
Est. Monthly Mortgage: $6,815
Total Est. Monthly Carrying Cost: $12,838
Note: the above is based on a down payment of 50% ($1,000,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Prime Location: This elegant co-op is located at 1001 Fifth Avenue in the prestigious Carnegie Hill neighborhood, offering sweeping views of the Metropolitan Museum of Art and Central Park West. It's close to Central Park, Museum Mile, and Madison Avenue shopping, though the area does see heavy traffic and many tourists visiting the museum.
  • Property Details: Listed for $2,600,000, this full-service co-op features 3 bedrooms, 3.5 bathrooms, and a balcony off the primary bedroom. The building was designed by renowned architect Philip Johnson and built in 1979, housing 76 apartments across 23 floors.
  • Building Amenities: The building offers a full-time doorman, live-in Resident Manager, lobby attendant, bike storage, and fitness center. Other amenities include concierge, central AC, garden, health club, intercom, washer/dryer in building, and elevator. However, it lacks balconies and a roof deck.
  • Financial Considerations: The monthly maintenance fee is $6,023, and there is a 2% Flip Tax to be paid by the buyer.
  • Pet and Pied-a-Terre Policy: Pets and pied-a-terres are welcome, making this a flexible option for various types of residents.
  • Building Aesthetics: The building boasts an elegant entrance, attractive hanging lanterns, and great views. It also benefits from good bus service, but does have many apartments.

Description

Embrace the opportunity to breathe life into this seldom-available combination home by bringing your own architect into the fold. Spanning from west to east, this residence boasts a balcony off the primary bedroom, enhancing the allure of its spacious interiors. The Living Room, generously proportioned at nearly 30 feet by 24, sets the stage for sophisticated living in one of Fifth Avenue’s prime locations.

Currently this 3-bedroom residence is configured as a 2 bedroom, boasting a superb layout, embodying the epitome of New York City living.

rafted by the renowned architect Philip Johnson, 1001 Fifth Avenue stands as an architectural masterpiece, adorned with an unmistakable limestone facade, gracing the coveted stretch of Fifth Avenue known as "Museum Mile." Perched near the building’s pinnacle, this residence commands awe-inspiring vistas, offering sweeping views of the Metropolitan Museum of Art and an expansive panorama of Central Park West that stretches beyond the horizon. Revel in the captivating west, north, and southern exposures that promise to leave an indelible mark on even the most discerning buyer.

Experience the pinnacle of refined living at one of the city’s premier addresses. This regal full-service co-op is not only pet-friendly but also offers the convenience of a live-in Resident Manager, a dedicated lobby attendant, bike storage, and a fitness center on the 2nd floor.

Pied-a-terre is allowed. There is a 2% Flip Tax to be paid by the buyer.

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Apartment Amenities

  • Balcony
Listing courtesy of Douglas Elliman Real Estate

Pricing History

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About 1001 Fifth Avenue

79

1001 Fifth Avenue has received a CityRealty Rating of 79, 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
+
29
Out of 36
+
15
Out of 39
+
9
=
79
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:
No, but OK 1 out of 3 points
Skyline:
Highly Visible 2 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Enclosed 1 out of 2 points
Airconditioners:
Not Allowed 2 out of 2 points
Free Standing:
No 0 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:
Part of Historic District 1 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:
Outstanding 5 out of 5 points
Distance To Neighborhood Center:
Less than 20 blocks 4 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:
Less than 3 Short Blocks 2 out of 2 points
Distance To Park:
Less Than 3 Short Blocks 2 out of 2 points
Distance To Water:
More than 6 Short Blocks 0 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:
Quite Stylish 3 out of 5 points
Units Per Floor:
3-4 3 out of 5 points
Ceiling:
8-9 Feet 1 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
Yes 1 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Minimal 1 out of 2 points
Bay Windows:
Some 1 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:
No 0 out of 1 points
Prewar:
No 0 out of 1 points
Other Amenities:
Many 2 out of 2 points

Building Amenities

  • Concierge
  • FT Doorman
  • High-Rise
  • Post War
  • Resident Storage
  • Central AC
  • Garden
  • Health Club
  • Intercom
  • Washer/Dryer in building
  • Elevator

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Pros
  • Great views
  • Elegant entrance
  • Doorman
  • Concierge
  • Across from the Metropolitan Museum
  • Good bus service
  • Sidewalk landscaping
  • Attractive hanging lanterns
Cons
  • False-front roof
  • Heavy traffic
  • Thousands of tourists visiting museum
  • No balconies
  • No roof deck
  • Many apartments
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Subways

  1. 4
  2. 5
  3. 6
at Lexington Ave 0.35 miles

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