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1165 Fifth Avenue, #23D

$2,495,000 ($1,134 per ft2) | 4 beds, 3 baths | Approx. 2,200 ft2
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4 days on Market

Key Details

  • Listed: Apr 16, 2024
    Days on Market: 4
    Building Type: Cooperative
    Neighborhood: Carnegie Hill (Manhattan)
    Doorman: FT Doorman
    Listing viewed 497 times
Monthly Maintenance: $5,725 ($2.60/ft2)
Est. Monthly Mortgage: $8,586
Total Est. Monthly Carrying Cost: $14,311 ($6.51/ft2)
Note: the above is based on a down payment of 50% ($1,247,500), which is the minimum amount permitted by the building.

Insider Highlights

  • Location and Building: This classic 8-room duplex is located at 1165 Fifth Avenue in the Carnegie Hill neighborhood. The building, a cooperative with a full-time doorman, was built in 1929 and converted in 1947, and it includes 61 apartments across 16 floors.
  • Listing Details: The property is listed for $2,495,000, which equates to $1,134 per square foot. The monthly maintenance fee is $5,725, and the total taxes and fees also amount to $5,725. The property was listed on January 29, 2024.
  • Property Features: The duplex is in its original condition and spans approximately 2,200 square feet. It features southern and eastern exposures for natural light, a foyer, gallery, living room with a wood-burning fireplace, formal dining room, large kitchen, and a library/sitting room on the first floor. The second floor houses 4 bedrooms and 3 full bathrooms.
  • Bedroom and Bathroom Details: The corner primary suite includes a large walk-in closet and ensuite bath. The second and third bedrooms share a 'Jack-and-Jill' bathroom, and the fourth bedroom can be used as a guest room or home office.
  • Building Amenities and Policies: The building offers amenities such as a bike room, gym, laundry room, and private storage. It is pet-friendly, but the buyer is responsible for a 2% flip tax. However, it does not have a garage, health club, balconies, or sundeck.
  • Neighborhood and Proximity: The property is conveniently located close to Central Park, Mt. Sinai Hospital, cultural institutions, schools, and a subway station. However, potential buyers should note that there may be some traffic due to its proximity to the hospital.

Description

Unique opportunity to purchase a classic 8-room duplex in original condition at 1165 Fifth Avenue, just steps to Central Park. Rarely available and on the market for the first time in over 40 years, this unique, house-like apartment is filled with natural light thanks to direct southern and eastern exposures. Upon entry, a gracious foyer and gallery with original curved staircase leads to a grand and elegant living room with wood-burning fireplace and stunning herringbone wood floors.

An adjacent formal dining room is impressive in scale and connects to an enormous kitchen with plentiful cabinetry and counterspace, plus a washer and dryer. A library/sitting room with built-in bookcases off the gallery completes the first floor. Upstairs, there are 4 bedrooms and 3 full bathrooms.

The corner primary suite features a large walk-in closet with ensuite bath. The second and third bedrooms are both exceptionally bright, spacious, and equal in size, with great closet space, and share a "Jack-and-Jill" bathroom. The fourth bedroom is an ideal space for a guest room or home office and has its own ensuite bath.

All rooms are connected by a long hallway with additional storage space, and gorgeous hardwood floors can be found in every room. 1165 Fifth Avenue is a premiere Carnegie Hill co-op featuring an elegant lobby with full-time doormen, and each apartment has a semi-private elevator landing. Amenities include a bike room, gym, laundry room, and private storage transfers with the apartment.

2% flip tax paid by the buyer, pet friendly. Please note this apartment is in estate condition and is being sold "as is". (Some of the photos have been virtually staged for representation purposes only.)

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Listing Agent (Seller's Representative)

Listing courtesy of Coldwell Banker Warburg

Pricing History

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About 1165 Fifth Avenue

75

1165 Fifth Avenue has received a CityRealty Rating of 75, 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

25
Out of 44
+
24
Out of 36
+
18
Out of 39
+
8
=
75
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Distinguished 6 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:
No 0 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:
More than 50 blocks 0 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:
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:
3-4 3 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
Yes 1 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Minimal 1 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:
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:
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

  • Conversion Year: 1947
  • Concierge
  • FT Doorman
  • Resident Storage
  • Health Club
  • Elevator

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Pros
  • Handsome building with large wrought-iron marquee over its entrance on the side street
  • Good uptown-downtown bus service
  • Close to Mt. Sinai Hospital
  • Close to many cultural institutions and schools
  • Superb Central Park views
  • Sidewalk landscaping
  • Concierge
  • Doorman
  • Attractive layouts
  • Close to Subway
Cons
  • No garage
  • Some traffic
  • Close to Mt. Sinai Hospital
  • No health club
  • No balconies
  • No sundeck
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Subways

  1. 6
at Lexington Ave 0.29 miles

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