Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
785 5th Avenue #12C
Interested in this property?
Active For Sale Co-op

$4,500,000

$1,875 per sq ft

785 5th Avenue #12C

Lenox Hill, Manhattan

The Parc V

MLS® #RLS20082933

RLS at REBNY

Listing by Compass

2

Bedrooms

2.5

Baths

2,400

Sq. Ft.

1963

Year Built

Quick Summary

Bedrooms 2
Bathrooms 3 full, 1 half
Living Area 2,400 sq ft
Year Built 1963
Ownership Co-op
Maintenance $5,303/mo
Parking Garage
Neighborhood Lenox Hill
Floor 12 of 17

Property Highlights

  • Views: City, Park Greenbelt, Neighborhood
  • Exposure: East,West facing
  • Climate Control: Central Air

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 5
Baths 2 Full, 1 Half
Floor 12 of 17
View City, Park Greenbelt, Neighborhood
Exposure East,West
Heating Central
Cooling Central Air
Pets Yes
Year Built 1963
Living Area 2,400 sq ft
Parking Garage Available
Parking Features Garage
Structure Type HighRise
Flooring Hardwood
Furnished Unfurnished
Parcel # 1374-0069-00785-000-000012C
Block/Lot 01374/0069

Listing History

Event Date Price Change
Listed Apr 13, 2026 $4,500,000 -
Currently May 28, 2026 $4,500,000 -

Description

Exceptional High-Floor Residence at Park V, 785 Fifth Avenue Discover a truly remarkable residence on a high floor, recently renovated to perfection and now available at the prestigious Park V. Upon entering your private landing, you will be captivated by breathtaking side Park and landmark views, an abundance of natural light, and grand-scale rooms featuring 9-foot ceilings throughout and approximately 2,400 square feet of sheer elegance. Residence 12C welcomes you with a proper foyer, Peiser custom hardwood floors, numerous walk-in closets, California Closets, central air conditioning and heating units, a vented washer and dryer, and a whimsical powder room. The grand living room, with Central Park views, is both inspiring and tranquil, perfect for relaxation or entertaining. The primary bedroom also offers stunning views of Central Park and surrounding landmarks, featuring custom cabinetry, two walk-in closets, and a spectacular en-suite bathroom outfitted with Porcelanosa fixtures and tiles, a Duravit toilet, City Quiet windows for ultimate serenity. The secondary bedroom, located on the opposite side of the apartment, is equally spacious and includes a walk-in California Closet, an en-suite windowed bathroom equipped with Porcelanosa fittings, a Duravit toilet, a shower, and a separate tub . The windowed kitchen is a chef’s delight, equipped with a vented Miele oven and stove, Poggenpohl custom cabinetry, a 48" Miele refrigerator and a vented Miele washer and dryer. It seamlessly connects to a generously sized dining room, ideal for hosting guests. The Park V is one of Fifth Avenue’s most elegant white-glove cooperatives, offering the highest level of service and security. Built in 1963 by Emery Roth, the building features a limestone façade and is ideally situated near The Pierre, The Sherry-Netherland, Cipriani, the Metropolitan Club, exceptional restaurants, world-class shopping, renowned arts institutions, and, of course, Central Park. The building has recently secured a premier retail tenant, Audemars Piguet — a “Holy Grail” brand for watch collectors. The resident manager and exceptional staff provide unparalleled service. Maintenance includes all utilities. The recently renovated, jaw-dropping lobby welcomes you home each day. Amenities include a fitness center, storage, and a parking garage. Pied-à-terre and international purchasers are welcome. Flip tax is 2.5%. The building is currently completing Local Law 11 work, ensuring many years with a newly repointed façade. I would be delighted to arrange a showing.

Features & Amenities

Interior Features

Built In Features Entrance Foyer High Ceilings Recessed Lighting Walk In Closets Building Washer Dryer Install Allowed Common On Floor Common Area Flooring: Hardwood Window Treatments

Exterior Features

Private Entrance Private Outdoor Space Under60 Sqft

Building Amenities

Elevators Fitness Center Storage

Appliances

Dryer Washer

Building Information

Building The Parc V
Building Data View Compliance & Permits
Total Units 58
Stories 17
Structure HighRise

Financial Details

Maintenance $5,303/mo

Lenox Hill occupies a residential section of the Upper East Side, defined by proximity to Central Park, major medical institutions (Memorial Sloan Kettering, Weill Cornell, Lenox Hill Hospital), and the Madison Avenue retail corridor. Housing stock ranges from large pre-war cooperatives to modern condominiums with East River and skyline views.

Lenox Hill Live Market Data

View Neighborhood

Active Listings

648

Median Asking Price

$1.57M

Median $/Sqft

$1,509

Avg Days on Market

N/A

New This Week

36

Price Reduced

30%

Sold (30 Days)

33

Median Sale Price

$1.21M

Live data from RLS at REBNY • Updated 5/28/26, 2:27 PM EST

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Location

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785 5th Avenue #12C, Lenox Hill, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1963
Year Built
63 years old
18
Floors
66
Residential Units
R10H
Zoning District
Elevator Apartments Historic District: Upper East Side Historic District

Tax & Assessment

Assessed Value: $25,628,400
Land Value: $3,838,500
Exemptions: $2,290

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

Lot Area: 13,229 SF
Building Area: 163,221 SF
Built FAR: 12.34
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 $5,303 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 and 1 half bathroom.

The listed interior living area is 2,400 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1963, making it approximately 63 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.

Pet policy requires confirmation with the listing broker. Additional notes: Small dogs ( service and emotional) are allowed as long as owners use service elevator and service entrance

At the current list price of $4,500,000 for 2,400 sq ft, the asking price per square foot is approximately $1,875. This figure is for reference only and may differ from appraised or assessed values.

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: RLS20082933
First Listed: 4/10/2026
On Market: 4/13/2026
Contract Date: 4/7/2026

Listing Courtesy of Compass - Fabienne Lecole

Listing Contact: (917) 405-6336

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 5/28/2026 at 6:27 PM UTC

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