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In Contract

1025 Fifth Avenue, #PHAN

$9,750,000 -27.8% | 4 beds, 3 baths
781 days on Market

Key Details

  • Listed: Jan 9, 2022
    Last Price Change: -9.3% ($1,000,000) on Feb 20
    Days on Market: 781
    Building Type: Cooperative
    Neighborhood: Carnegie Hill (Manhattan)
    Doorman: FT Doorman
    Listing viewed 1,037 times
Monthly Maintenance: $12,253
Est. Monthly Mortgage: $33,091
Total Est. Monthly Carrying Cost: $45,344
Note: the above is based on a down payment of 50% ($4,875,000), which is the minimum amount permitted by the building.

Description

PRICE REDUCTION! BRING ALL OFFERS!

Sweeping. magical views abound from this Fifth Avenue penthouse jewel with 2 wood burning fireplaces.

Magnificent wrap-around terrace with breathtaking north, south, and west panoramic views. Enjo your new home in this expansive 4 bedroom, home office, and 3 bathroom apartment atop one of Fifth Avenue’s premier coops.

You enter into a double wide living room, which is perfect for entertaining with the first fireplace, and are greeted by views of the Metropolitan Museum of Art and Central Park through floor-to-ceiling windows and from the wraparound terrace. The terrace, which wraps around the entire home, offers north, south, and west views with beautiful sunsets.

The gracious layout is enhanced by ample light as you walk past the custom bar, fully equipped with refrigerator and ice-maker, towards the large office. The living room opens to the dining area, which can easily accommodate 8 guests. Once past the comfortable den, you enter the oversized primary bedroom suite which has the second fireplace, spacious closets, plenty of room for a sitting area, and an en-suite bathroom.

1025 Fifth Avenue is a luxury, full-service building located between 83rd and 84th Streets.

It greets visitors with impeccably manicured year-round gardens leading to a spacious entrance lobby designed by Raymond Loewy Associates. Building amenities include 24-hour doormen, concierge service, a live-in resident manager, an on-site garage (with substantially reduced rates for owners), a fitness center and bicycle storage room. This pet-friendly building permits pieds-a-terre, washers and dryers, and up to 75% financing for first purchasers (unique among Fifth avenue buildings).

Built as a cooperative in 1955, 1025 Fifth offers residents the opportunity to live in one of the most historic spots on Museum Mile. This coveted location is only a few blocks to many of the best private and public schools, all major transportation and several of the Upper East Side’s finest restaurants and shops.

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Apartment Amenities

  • Washer/Dryer in apt.

Listing Agent (Seller's Representative)

Listing courtesy of Douglas Elliman Real Estate

Pricing History

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About 1025 Fifth Avenue

66

1025 Fifth Avenue has received a CityRealty Rating of 66, 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

18
Out of 44
+
25
Out of 36
+
15
Out of 39
+
8
=
66
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Unattractive 3 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:
Attractive 2 out of 3 points
Contextual Design:
No and Bad 0 out of 3 points
Skyline:
Not Visible 0 out of 2 points
Local Visibility:
None 0 out of 2 points
Watertank:
Enclosed 1 out of 2 points
Airconditioners:
Allowed and Present 0 out of 2 points
Free Standing:
No 0 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 40 blocks 2 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:
Only Top Floors 1 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:
More than 6 Short Blocks 0 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:
Spacious 4 out of 5 points
Units Per Floor:
5-9 2 out of 5 points
Ceiling:
8-9 Feet 1 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
Substantial 2 out of 2 points
Storage Rooms:
None 0 out of 2 points
Bay Windows:
Some 1 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
Yes 1 out of 1 points
Elevator Person:
None 0 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:
Yes 1 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
No 0 out of 1 points
Prewar:
No 0 out of 1 points
Other Amenities:
Many 2 out of 2 points

Building Amenities

  • Concierge
  • FT Doorman
  • High-Rise
  • Resident Storage
  • Full Service Garage
  • Garden
  • Health Club
  • Rooftop Terrace
  • Elevator
  • Laundry Room

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Pros
  • Prime location in the heart of Fifth Avenue
  • Close to Subway
  • Very handsome and impressive lobby and garden court
  • Concierge
  • Doorman
  • Garage
  • Many bay windows with partial views of Central Park and Metropolitan Museum of Art
  • Close to cross-town buses
Cons
  • No sundeck
  • No health club
  • Post-war construction
  • Non-conformity with Fifth Avenue
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Subways

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

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