1016 Fifth Avenue, completed in 1926, is a distinguished 15-story prewar cooperative designed by architect John B. Peterkin, who was also known for the Art Deco-style Airlines Terminal Building. Developed by Albert and Irving Sokolski, this 56-unit building stands prominently at the corner of 83rd Street, directly across from the Metropolitan Museum of Art.
The building's architecture features pale beige brick above a four-story rusticated limestone base, with handsome decorative balconies on the fifth floor, large pilasters between the second and fourth floors, and an articulated cornice. The side street façade is particularly notable for its impressive entrance and thoughtful landscaping. In 1999, the building's penthouse windows received a Certificate of Appreciation for Unseen Excellence from the Friends of the Upper East Side Historic Districts.
The apartments are generously proportioned, with many featuring fireplaces, formal dining rooms, and staff quarters. Some units offer stunning views of Central Park and the Metropolitan Museum. Recent renovations have created spectacular residences, including triple-mint combinations and penthouses with wraparound terraces.
Residents enjoy white-glove service with a 24-hour doorman, resident manager, and elevator operator. The building features an impressive marble lobby and a fitness center. Both pets and pied-a-terres are permitted, and storage is available.
The building's location along Museum Mile provides convenient access to Central Park and numerous cultural institutions. The cooperative maintains high standards of service and security, making it one of the most sought-after prewar buildings in the area.
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For some co-ops, instead of price per square foot, we use an estimate of the number of rooms for each sold apartment to chart price changes over time. This is because many co-op listings do not include square footage information, and this makes it challenging to calculate accurate square-foot averages.
By displaying the price per estimated room count, we are able to provide a more reliable and consistent metric for comparing sales in the building. While we hope that this gives you a clearer sense of price trends in the building, all data should be independently verified. All data provided are only estimates and should not be used to make any purchase or sale decision.