Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
1050 Fifth Avenue #3B
Interested in this property?
Active For Sale Co-op

$2,385,000

1050 Fifth Avenue #3B

Carnegie Hill, Manhattan

MLS® #RLS20056547

RLS at REBNY

Listing by Sothebys International Realty

2

Bedrooms

2

Baths

N/A

Sq. Ft.

1959

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Lot Size 14,475 sq ft
Year Built 1959
Ownership Co-op
Maintenance $3,986/mo
Parking Garage
Neighborhood Carnegie Hill
Floor 3 of 20

Property Highlights

  • Views: Park Greenbelt
  • Exposure: North,South facing
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 5
Baths 2 Full
Floor 3 of 20
View Park Greenbelt
Exposure North,South
Pets Yes
Cross Street 650 Madison Avenue
Year Built 1959
Parking Garage Available
Structure Type None
Lot Size 14,475 sq ft
Block/Lot 01498/0001

Listing History

Event Date Price Change
Listed Oct 24, 2025 $2,600,000 -
Price Reduced Mar 31, 2026 $2,450,000 -5.8%
Currently May 5, 2026 $2,385,000 -2.7%

Description

Gracing the sunlit corner of Fifth Avenue and 86th Street, directly across from Central Park and the iconic Jacqueline Onassis Reservoir, this exceptional residence at 1050 Fifth Avenue epitomizes classic Fifth Avenue living. Bathed in natural light from oversized windows on three exposures, this approximately 1,700-square-foot home offers a unique combination of a center hall layout with grandly scaled rooms, modern elegance, timeless architectural integrity, and serene views. This five-room home has been meticulously designed by an accomplished architect to balance sophistication with a sense of ease. Oversized windows frame luminous exposures from morning to dusk, filling each room with warmth and airiness. A formal entrance foyer opens into a gracious gallery that sets the tone for the home’s relaxed sophistication. The gallery unfolds into an impressive enfilade of entertaining rooms—nearly 60 feet in length—comprising an expansive living room and an elegant dining room. Sunlight floods the home throughout the day, while handsome, custom millwork and hardwood floors enhance the living and dining spaces. Beautifully appointed built-ins and a decorative fireplace anchor the living room with tailored sophistication and exceptional functionality, while generous wall space throughout provides an ideal setting for art collectors. From the tree-lined vista of East 86th Street, the living room and primary suite enjoy enchanting views of the verdant canopy of Central Park and the stately architecture of the Neue Galerie beneath an open sky. The dining room, bathed in soft northern light, overlooks a peaceful interior courtyard and terrace. The windowed galley kitchen, outfitted with stainless steel appliances and an in-unit washer/dryer, provides ample space for culinary pursuits or catered affairs. For those desiring a more open concept, the kitchen may be seamlessly combined with the dining room, which also functions beautifully as a third bedroom or library. The private quarters are equally well-appointed. The luxurious primary suite includes an ensuite bath, two walk-in closets, and an additional closet. The spacious second bedroom—currently used as a study and den—features elegant built-ins, a walk-in closet, and access to a well-appointed second bath. Throughout, the apartment offers exceptional storage, two large coat closets in the foyer, and thru-wall air conditioning in every room. Built in 1959 by Lipman and Spitzer, 1050 Fifth Avenue remains one of the area’s most distinguished full-service cooperatives, offering a 24-hour doorman and concierge, attended elevators, a live-in resident manager, and an array of sought-after amenities: a fitness center, bike room, storage units (subject to availability), laundry room, on-site garage with a reduced monthly rate, and a panoramic roof terrace with sweeping views of Central Park and the Manhattan skyline. 1050 Fifth Avenue permits pets with board approval, 50% financing, guarantors, co-purchasing, and secondary residences on a case-by-case basis. Smoking, subletting, diplomat purchases, or purchases by parents for children are not allowed. There is a 1% flip tax. Ideally situated just moments from the Metropolitan Museum of Art, the Guggenheim, Madison Avenue’s world-class boutiques, and the city’s finest dining and cultural institutions, this remarkable home offers an exceptional opportunity to experience Fifth Avenue elegance at its most inviting.

Features & Amenities

Interior Features

Built In Features Entrance Foyer Eat In Kitchen Elevator Walk In Closets Common On Floor Common Area Laundry Room In Unit

Building Amenities

Elevators

Appliances

Dryer Washer Dryer Stacked Dishwasher Washer

Building Information

Building Data View Compliance & Permits
Total Units 90
Stories 20
Structure None

Financial Details

Maintenance $3,986/mo
Original Price $2,600,000
Previous Price $2,450,000

Carnegie Hill is a low-traffic residential section of the Upper East Side defined by proximity to Central Park and Museum Mile. The area features low-rise historic architecture and large pre-war cooperatives, with landmarked blocks and boutique retail along Madison Avenue.

Carnegie Hill Live Market Data

View Neighborhood

Active Listings

137

Median Asking Price

$2.75M

Median $/Sqft

$1,701

Avg Days on Market

N/A

New This Week

7

Price Reduced

35%

Sold (30 Days)

12

Median Sale Price

$2.50M

Live data from RLS at REBNY • Updated 5/5/26, 7:19 PM EST

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Location

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1050 Fifth Avenue #3B, Carnegie Hill, New York County • Near 650 Madison Avenue

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1958
Year Built
68 years old
20
Floors
90
Residential Units
R10
Zoning District
Elevator Apartments Historic District: Expanded Carnegie Hill Historic District

Tax & Assessment

Assessed Value: $26,113,950
Land Value: $3,838,500
Exemptions: $314,313

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 14,475 SF
Building Area: 190,640 SF
Built FAR: 13.17
Allowed FAR: 10

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $3,986 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $0, or roughly $0 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 2 full bathrooms.

According to MLS records, the building was constructed in 1959, making it approximately 67 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20056547
First Listed: 10/24/2025
On Market: 10/24/2025
Price Changed: 3/31/2026
Contract Date: 9/17/2025

Listing Courtesy of Sothebys International Realty - Dianne M Weston

Listing Contact: (917) 693-8442

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/5/2026 at 11:19 PM UTC

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