Under Contract – Backup offers may be accepted
Pending · Listing by Sothebys International Realty
1050 5th Avenue #3B
Upper East Side, Manhattan
$2,385,000
1050 5th Avenue #3B
MLS® #RLS20056547
Listing by Sothebys International Realty
- 2
- Bedrooms
- 2
- Baths
- 1,700
- Sq. Ft.
- 1960
- Year Built
Quick Summary
Property Highlights
- Views: See Remarks
- Exposure: North,South facing
- Fireplace: 1 fireplace
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Oct 24, 2025 | $2,600,000 | - |
| Price Reduced | Mar 31, 2026 | $2,450,000 | -5.8% |
| Currently | Sep 21, 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
Building Amenities
Appliances
Building Information
Financial Details
About Upper East Side
View All Upper East Side ListingsThe Upper East Side remains the gold standard for classic New York elegance. Known for 'Museum Mile' and its low-traffic, tree-lined streets, the neighborhood offers a refined lifestyle away from the midtown bustle. While famous for its historic cooperatives, the area has seen a recent surge in ultra-luxury new construction condos, particularly along the Second Avenue Subway corridor, making it a top choice for both traditionalists and modern buyers.
Upper East Side Live Market Data
View NeighborhoodActive Listings
281
Median Asking Price
$1.69M
Median $/Sqft
$1,419
Avg Days on Market
N/A
New This Week
25
Price Reduced
23%
Sold (30 Days)
52
Median Sale Price
$1.32M
Live data from RLS at REBNY • Updated 9/20/26, 9:14 PM EST
Similar Listings in Upper East Side
View All455 E 86th Street #11A
Condo • RLS #RLS20115076
140 E 63rd Street #13A
Condo • RLS #RLS20095447
302 E 96th Street #PH3S
Condo • RLS #RLS20077053
188 E 78th Street #15A
Condo • RLS #RLS20077441
301 E 64th Street #9L
Co-op • RLS #RLS20113161
508 E 78th Street #6K
Co-op • RLS #RLS20080910
Browse More NYC Properties
In This Neighborhood
By Property Type
By Borough
Location
1050 5th Avenue #3B, Upper East Side, New York County • Near 650 Madison Avenue
Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
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
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed monthly maintenance are $3,986 per month. Confirm the exact amount with Milton Coste 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.
The listed interior living area is 1,700 square feet. Verify dimensions independently during due diligence.
According to MLS records, the building was constructed in 1960, making it approximately 66 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: UnitYes. Contact Milton Coste for weight limits or breed restrictions.
At the current list price of $2,385,000 for 1,700 sq ft, the asking price per square foot is approximately $1,403. 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) 416-7433Listing 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 Data display by Keller Williams NYC. Data last updated on 9/21/2026 at 1:14 AM UTC
See it in person
Interested in this property?
Thank you!
Milton will contact you shortly.
Your info is secure and never shared.
Upper East Side Market Update
52 sales last 30 days · $1.69M median · 5.4 months supply
Read Full ReportNew listings in this neighborhood
You're signed up!
You'll be notified when new listings appear in Upper East Side.
Quick Facts
Monthly Costs Estimate
$477,000
Source: Freddie Mac PMMS
Est. Monthly Payment
$0
Estimates only. Consult a lender for exact figures.
Mansion tax applies at this price point
New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $2M to $2,999,999 at 1.25%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.
Estimated mansion tax at asking
$29,813
Estimate based on the asking price. Confirm your own obligation with your real estate attorney.
Back to Search
Find more properties