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A blog from CityRealty (Links below will take you to the 6sqft site)

1016 Fifth Avenue, #8B

$4,850,000 -8.5% | 3 beds, 3.5 baths
608 days on Market

Key Details

  • Listed: Sep 21, 2020
    Last Price Change: -2% ($100,000) on Mar 8
    Days on Market: 608
    Building Type: Cooperative
    Neighborhood: Carnegie Hill (Manhattan)
    Doorman: FT Doorman
    Listing viewed 284 times
Monthly Maintenance: $6,692
Total Taxes & Fees: $6,692
Est. Monthly Mortgage: $13,511
Total Est. Monthly Carrying Cost: $20,203
Note: the above is based on a down payment of 50% ($2,425,000), which is the minimum amount permitted by the building.

Description

Residence 8B is a sprawling renovated six-room home in one of Fifth Avenue’s most desirable prewar buildings. Enter from your semi-private landing into an impressive gallery that opens up to a grand living room with a wood-burning fireplace and eye-catching views of Central Park, the Manhattan skyline, and the Metropolitan Museum.

To the left of the gallery is a formal dining room perfect for entertaining with built-ins and a south-facing window.

Enjoy cooking with ease in the sun-filled, windowed kitchen which features top of the line appliances, a washer/dryer as well as plentiful storage and countertop space. An office area off the kitchen can also accommodate a table to create an eat-in kitchen.

As you pass the guest bathroom, you will find the bedroom wing with two oversized bedrooms. An expansive master bedroom faces Fifth Avenue with three closets and a full marble windowed bathroom with double vanity.

The second bedroom features an en-suite bathroom and eastern exposures.

Additionally, there is a handsome library with an en-suite bathroom which can also serve as a bedroom or home office. Enjoy central air conditioning and beautiful hardwood floors throughout.

1016 Fifth Avenue, built-in 1926, is located on one of the most prestigious streets of Manhattan, directly across from Central Park. The charming fa?ade and unique construction was designed by architect John B.

Peterkin. It is one of the most distinctive buildings in the neighborhood due to its unique limestone and landscaped sidewalks. This building features a full-time doorman and a well-equipped fitness room.

It is also close to many of New York City’s finest museums, including the Guggenheim, the Jewish Museum, the Metropolitan Museum of Art and the Neue Gallery.

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Listing Agent (Seller's Representative)

Similar Apartments Nearby

 

Pricing History

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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
  • Co-op
  • Built in 1926
  • 56 Apartments
  • 15 Floors

Building Amenities

  • FT Doorman
  • High-Rise
  • Pre War
  • Resident Storage
  • Garden
  • Elevator
  • Fitness Center

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Pros
  • Concierge
  • Elevator person
  • Impressive canopied side street entrance and lobby
  • Sidewalk landscaping
  • Many excellent Central Park Views
  • Few apartments
  • Some decorative balconies
  • Doorman
  • Close to Subway
Cons
  • No garage
  • Exposed rooftop water tank
  • Considerable traffic near entrance to Metropolitan Museum of Art
  • No terraces
  • No sundeck
  • No health club
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Subways

  1. 4
  2. 5
  3. 6
at Lexington Ave 0.31 miles

Other Apartments Available in this Building (5)

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One Manhattan Square
between Pike Slip & Rutgers Slip
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Enjoy breathtaking views and unparalleled amenities, including spa with 75-foot saltwater pool, hot tub, sauna and a tranquility garden.
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Listing provided courtesy of Douglas Elliman - Manhattan