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1020 Fifth Avenue, #12THFLOOR

$9,200,000 ($2,629 per ft2) -5.6% | 3 beds, 4 baths | Approx. 3,500 ft2
99 days on Market

Key Details

  • Listed: Jan 4, 2024
    Last Price Change: -5.6% ($550,000) on Feb 22
    Days on Market: 99
    Building Type: Cooperative
    Neighborhood: Carnegie Hill (Manhattan)
    Doorman: FT Doorman
    Listing viewed 716 times
Monthly Maintenance: $11,700 ($3.34/ft2)
Est. Monthly Mortgage: $49,263
Total Est. Monthly Carrying Cost: $60,963 ($17.42/ft2)
Note: the above is based on a down payment of 20% ($1,840,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Location and Building: This prestigious property is located in the Carnegie Hill neighborhood on the Upper East Side, occupying the entire twelfth floor of a highly coveted Fifth Avenue residential building. The building, designed by Warren & Wetmore, the main architects of Grand Central Terminal, offers a full-service, white-glove experience with a FT Doorman and elevator.
  • Interior Design and Features: The apartment boasts an impressively scaled main foyer, Herringbone oak floors throughout, and a corner library with sophisticated Tudor woodwork and built-in bookcases. The expansive south-facing living room features oversized windows and high ceilings, while the elegant dining room is adorned with Palladian arch windows and a second wood-burning fireplace.
  • Kitchen and Dining: The windowed eat-in kitchen is equipped with a large center island, built-in cabinetry, and top-of-the-line appliances. The elegant dining room features Palladian arch windows and a second wood-burning fireplace.
  • Bedrooms and Bathrooms: The apartment offers three impressively sized bedrooms, each with their own private bathrooms. The primary suite features a wood-burning fireplace, walk-in closet, and an en suite marble bathroom.
  • Exclusivity and Privacy: With fewer apartments than floors, this building ensures a high level of privacy and exclusivity. The apartment also features a private elevator entrance.
  • Proximity to Amenities: The property is in close proximity to Central Park, Museum Mile, Madison Avenue shopping, and top schools. Additionally, many rooms in the apartment offer excellent Central Park views.

Description

Grand Space and Architecture Sets the Tone for This Historically Significant and One-of-a-kind 3 Bed / 3.5 Bath Home This rare and stunning residence occupies the entire twelfth floor of one of Manhattan’s most coveted Fifth Avenue residential buildings. Located in the heart of the Upper East Side, this residence is graced with timeless beauty and expansive views. After entering through a private elevator entrance, an impressively scaled main foyer welcomes you. The expansive south-facing living room sits just beyond the foyer and evokes feelings of Parisian grandeur with oversized windows and exceptionally high ceilings reaching roughly 10’.

The room is dramatically appointed with impressive Central Park South skyline views, and Herringbone oak floors which run throughout the entire home. Graciously adjoining the living room is a corner library adorned with sophisticated Tudor woodwork and paneled walls, oversized windows, built-in bookcases, and a cozy fireplace that instills a feeling of comfort and security. The room’s Southern and Western exposures offer direct, sweeping views of Central Park and the gorgeous reservoir, as well as the Museum’s iconic steps. The elegant dining room is sure to leave guests and residents in awe.

From the moment you walk in, you are welcomed by 3 magnificent Palladian arch windows that provide one-of-a-kind vistas of Central Park and the Reservoir. Nestled in between the Northwestern-facing windows, the second wood-burning fireplace features an intricately designed mantel with a chic marble finish. The space can easily accommodate large parties and plenty of seating making it a prime spot for entertainment. Through the dining room, you have access to a glorious, windowed eat-in kitchen.

This beautiful space is well-equipped with a large center island, plenty of storage with built-in cabinetry, and top-of-the-line appliances including a six-burner stove and a tremendous stainless steel hood. Additionally, you will find a laundry area, separate pantry, and a service elevator nearby. A private bedroom wing houses three impressively sized bedrooms.

The primary suite is South and East-facing, which gives a particularly sunny outlook onto the tree-lined surroundings. The space is luxuriously appointed with a wood-burning fireplace, a roomy walk-in closet with built-in dressers and an enormous dressing room. Adjoining the dressing room is an en suite marble bathroom with a double vanity sink.

The second and third bedrooms both feature their own private bathrooms and additional closets. Built in 1925, 1020 Fifth Avenue is a white-glove, full-service building that is one of the most sought-after and prestigious addresses on Fifth Avenue. This coveted pre-war building is ideally located on the Upper East Side and offers access to the finest shopping, dining, and attractions throughout the city. Note: Flip Tax is 2% paid by the buyer. Photos Virtually Renovated & Staged.

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Apartment Amenities

  • Washer/Dryer in apt.

Listing Agent (Seller's Representative)

Listing courtesy of Christies International Real Estate Group LLC

Pricing History

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About 1020 Fifth Avenue

92

1020 Fifth Avenue has received a CityRealty Rating of 92, 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
+
30
Out of 36
+
24
Out of 39
+
10
=
92
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:
Attractive 2 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:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Allowed and Present 0 out of 2 points
Free Standing:
Corner 1 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 10 blocks 5 out of 5 points
Views:
Impressive 3 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:
1 5 out of 5 points
Ceiling:
11-14 Feet 3 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
None 0 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:
Some 1 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

  • FT Doorman
  • Elevator

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Pros
  • Spectacular- grand- noble apartments
  • Across from the Metropolitan Museum of Art
  • Fireplaces
  • Sidewalk landscaping
  • Doorman
  • Concierge
  • Impressive side street entrance with attractive lanterns
  • Many excellent Central Park Views
  • Fewer apartments than floors
  • Close to Subway
Cons
  • No balconies
  • Considerable traffic near entrance to Metropolitan Museum of Art
  • No terraces
  • No sundeck
  • No health club
  • No garage
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Subways

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

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