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1016 Fifth Avenue, #PHE

$12,500,000 | 3 beds, 3 baths
View Full Building Profile  | 
215 days on Market

Key Details

  • Listed: Oct 18, 2023
    Days on Market: 215
    Building Type: Cooperative
    Neighborhood: Carnegie Hill (Manhattan)
    Doorman: FT Doorman
    Listing viewed 197 times
Monthly Maintenance: $9,698
Est. Monthly Mortgage: $41,960
Total Est. Monthly Carrying Cost: $51,658
Note: the above is based on a down payment of 50% ($6,250,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Location: 1016 Fifth Avenue, Carnegie Hill
  • This luxurious apartment is located in the prestigious Carnegie Hill neighborhood, right across the street from the Metropolitan Museum of Art and Central Park. Despite being built in 1926, the building has been maintained to the highest standards and offers 56 apartments across 15 floors.
  • Price and Maintenance: $12,500,000 with a monthly maintenance of $9,698
  • This property is listed for $12,500,000 with a monthly maintenance fee of $9,698. The building is a cooperative type with a full-time doorman, ensuring security and convenience.
  • Interior Design and Features: Modern Elegance and Timeless Design
  • The apartment boasts a private elevator landing, a grand gallery with south-facing windows, and a wrap terrace with panoramic city views. The living room features floor-to-ceiling windows and a marble fireplace, while the eat-in kitchen is equipped with state-of-the-art appliances. The property also includes a home office/gym, a library with an ensuite bathroom, and two masterfully designed bedrooms with ensuite bathrooms.

Description

Welcome to the epitome of luxurious city living in this breathtaking 3 Bedroom penthouse with the most magnificent wrap terrace. Perfectly situated just across from the iconic Metropolitan Museum, this exquisite residence offers a rare blend of sophisticated design, panoramic views, and versatile living spaces. A private elevator landing opens to a grand gallery drenched in sunshine from the wall of south facing windows. As you enter this exclusive penthouse, you are immediately greeted by the stunning terrace that extends the full length of the residence providing an outdoor oasis with unparalleled views of the cityscape.

The terrace serves as an extension of the living space, inviting you to indulge in al fresco dining, entertain guests, or simply unwind while soaking in the captivating vistas that unfold in every direction. The interior of the penthouse is an artful fusion of modern elegance and timeless design with ceilings soaring over 11 feet. The spacious Living Room, adorned with floor-to-ceiling windows, bathes the space in natural light and frames the city skyline like a work of art. The centerpiece of the Living Room is an impressive marble fireplace that spans the entire height of the room.

It’s a major wow. With its sleek finishes and state of the art appliances, the Eat in Kitchen is a chef’s dream. It seamlessly integrates with the Dining Room and Living Room, creating an ideal setting for both intimate dinners and grand gatherings. Located behind the Dining Room is a perfectly placed Home Office/Gym.

Completing the living space, is a handsome Library with an ensuite windowed bathroom. This room can easily be converted to a 3rd Bedroom. The private Bedroom quarters provide a wonderful retreat.

There are two masterfully designed Bedrooms. The Primary Suite is an oasis of tranquility with the most fabulous en suite Bath boasting commanding views of the city. The Second Bedroom is sun-filled and has an en suite bathroom with a porthole window. This exceptional penthouse is more than a home; it’s a masterpiece of urban living, offering a lifestyle defined by sophistication, convenience, and the sheer beauty of New York City at every turn. 1016 Fifth Avenue is a white-glove, prewar cooperative directly across the street from the Metropolitan Museum of Art and Central Park.

Residents enjoy an array of amenities, including a 24-hour door attendant, a live-in resident manager, a stunning marble-clad lobby, a gym, and storage space. The building is pet friendly.

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Listing courtesy of Sothebys International Realty

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

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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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

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