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1016 Fifth Avenue, #2ABC

Listing no longer available on CityRealty as of Nov 24, 2021
It previously was on the market for a total of 233 days.
Last Sold on Oct 17, 2023 for $28,250,000
6+ beds, 6+ baths | Approx. 8,000 ft2
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  • Buyers
  • Michael Stuart Gross
  • Violet Gross
  • Sellers
  • Paul Orlin
  • Victoria Orlin
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2 apartments are currently available in this building.
233 days on Market

Pricing History

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Key Details

  • Listed: Apr 5, 2021
    Days on Market: 233
    Building Type: Cooperative
    Neighborhood: Carnegie Hill (Manhattan)
    Doorman: FT Doorman
    Listing viewed 2,062 times
Monthly Maintenance: $18,771 ($2.35/ft2)
Est. Monthly Mortgage: -
Total Est. Monthly Carrying Cost: $146,231 ($18.28/ft2)
Note: the above is based on a down payment of 50% ($18,500,000), which is the minimum amount permitted by the building.

Description

The stately Prewar building at the corner of Fifth Avenue and 83rd Street is one of the city’s most prestigious and iconic. When the current owners of this distinctive 8,000-square-foot simplex—an esteemed architect and her husband—undertook its transformation, the intent was to create a stunning, spacious modern home while honoring the building’s history, style, and essence. The result is a residence that is both contemporary and timeless.

Linked by a series of doors, the public spaces—a formal dining room, an expansive living room, and an inviting library—make a marvelous enfilade of sophisticated living and entertaining areas with an effortless flow and a magnificent view stretching down Fifth Avenue. In the autumn, the dining room looks out at the fountains and lights of the Met Plaza, and in summer, trees form a veritable green curtain of privacy from the street below. While ceiling heights have been maximized, in a nod to the building’s provenance, original details such as decorative moldings and window mullions were thoughtfully retained, re-created, or reincorporated. For floors in the living spaces, wood planks are arranged in a classic chevron pattern.

Oak floors in the front of the home have a hand-wire-brushed finish that accentuates the natural wood graining and conjures an ageless Old World look. For flooring elsewhere, limestone was laid and ground in place for a sense of smooth seamlessness. Furniture-quality millwork in the bar, window surrounds, and transitional spaces was carefully hand-wire-brushed, resulting a unique texture and gloss quite deliberately recalling a Steinway.

Custom-crafted by an artisan in Massachusetts, the unique library millwork is wire-brushed ebonized larch with a hand-applied matte Italian lacquer finish. The chef’s kitchen is steadfastly sleek, with a marble-wrapped island as well as streamlined cabinetry and stainless-steel appliances. Long-plank hardwood flooring adds a touch of organic softness and warmth. A butler’s pantry and a formal breakfast room adjoin. Private quarters enjoy a serene orientation, down a quiet hallway and overlooking 83rd Street.

Each of the five guest bedrooms—one of which currently functions as a home gym—is accompanied by an en suite bath with a unique palette. A stylish oasis, the owners’ bedroom features hardwood floors in lengthy handsome planks, a lighted nook for the bed, and a warming fireplace. The suite also includes a remarkably chic, impeccably outfitted closet and dressing space.

In the owners’ dual baths—linked by a striking shared glass-walled shower—a single slab of marble was templated and painstakingly placed for continuity of swirls and veining. Also along the hallway is a cheerful, casual den with a fireplace, eye-catching molding and millwork, and two wide, sunny windows. The busy professional will appreciate the bright, light-flooded office, which includes a wall of built-in shelving. The centrally located laundry area offers a generous collection of closets. Technological amenities abound.

Extremely discreet air handlers in every room allow for limited ductwork and independent temperature control in each space. Walls are ideal for the display of art, for which humidifiers help maintain proper conditions. Audiovisual systems have been thoroughly updated and consolidated.

Appliances are centrally monitored and appointed with leak detectors. A smart CoolMasterNet device allows for management of HVAC systems via phone or tablet. The home can be accessed by four elevators. Directly across the street from the Metropolitan Museum of Art and Central Park, the building is also steps from many of the city’s other museums—from the Guggenheim to the Neue Galerie—as well as other conveniences and attractions.

Residents enjoy an array of amenities, including a 24-hour door attendant, a marble-clad lobby, a resident manager, a fitness center, and storage space.

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Apartment Amenities

  • Washer/Dryer in apt.

About 1016 Fifth Avenue

91

1016 Fifth Avenue has received a CityRealty Rating of 91, 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

28
Out of 44
+
31
Out of 36
+
22
Out of 39
+
10
=
91
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Architectural Masterpiece 8 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:
Exposed 0 out of 2 points
Airconditioners:
Allowed and Present 0 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
Present 1 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 10 blocks 5 out of 5 points
Views:
Dazzling 4 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Some 2 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:
Yes 1 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

  • Attended Lobby
  • FT Doorman
  • High-Rise
  • Pre War
  • Resident Storage
  • Garden
  • Elevator
  • Fitness Center
  • In-Unit Washer/Dryer
  • Live-In Superintendent
  • Historic District

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