Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $12,050,000

· Closed March 30, 2018

1049 5TH Avenue #18B
Closed For Sale Condo

$12,050,000

$4,120 per sq ft

1049 5TH Avenue #18B

Upper East Side, Manhattan

MLS® #RLS10484268

RLS at REBNY

Listing by Sotheby's International Realty, Inc.

3

Bedrooms

4

Baths

2,925

Sq. Ft.

1928

Year Built

Quick Summary

Bedrooms 3
Bathrooms 4
Living Area 2,925 sq ft
Lot Size 10,216 sq ft
Year Built 1928
Ownership Condo
HOA/Common Charges $4,782/mo
Property Taxes $69,600/yr
Parking Garage
Neighborhood Upper East Side

Property Highlights

  • Style: Prewar architecture
  • Parking: Private garage
  • Character: Pre-war building (1928)

Property Details

Type Condo
Ownership Condominium
Total Rooms 8
Baths null Full
Pets Yes
Year Built 1928
Living Area 2,925 sq ft
Parking Garage Available
Architectural Style Prewar
Lot Size 10,216 sq ft
Parcel # 1497-1104

Listing History

Event Date Price Change
Listed Mar 30, 2018 $10,500,000 -
Currently May 14, 2026 $12,050,000 +14.8%

Description

This ALL NEW (2015), sprawling and sun-filled Condominium home has undergone a complete and extensive renovation of the highest caliber and offers dramatic views of Central Park, the Reservoir and the New York City skyline. The chic modern Gallery, lined with high gloss lacquered walls, leads to the expansive, double-wide corner Living Room surrounded with wrap-around, over-sized windows framing the dramatic view. The large living and entertaining areas include a pocket office and open to the sophisticated Library, with custom walnut cabinetry and an upholstered wall of Oxblood leather. The windowed corner Dining Room and Kitchen combo features: Subzero refrigerator; Miele 5-burner cooktop with a vented hood; Miele dishwasher; wine cooler; and Bulthaup cabinetry with dramatic slabs of Calcutta Gold marble dining island, counters and inlaid floor panel. A hidden Bedroom Corridor with Laundry leads to the corner Master Suite with a large Tundra Grey marbled Spa Bathroom which includes a double sink vanity and glass enclosed Amerec Steam Shower. Additionally, the Master Suite offers multiple customized closets including two Walk-In Dressing Rooms. There are two additional large, corner Bedrooms each with en-suite Bathrooms, one of which includes a steam shower, the other with a large soaking tub. The apartment features rift sawn white oak, fumed and stained floors, sliding high gloss lacquer wall panels, Lutron lighting, motorized window shades, ample custom closets and storage space. This 2015 rebuilt home includes all new windows, plumbing, electrical and mechanical wiring. A separate approx. 200 sq. ft. Home Office/Guest/Staff apartment with en-suite Bath and Closet and a separate Storage Unit completes this elegant, mint-condition, gracious residence. No expense was spared to create this modern masterpiece on Fifth Avenue.

Building Information

Building Data View Compliance & Permits
Total Units 66
Stories 22
Style Prewar

Financial Details

Common Charges $4,782/mo
RE Taxes $69,600/yr ($5,800/mo)
Original Price $10,500,000
Sale Price $12,050,000

The 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 Neighborhood

Active Listings

340

Median Asking Price

$1.70M

Median $/Sqft

$1,500

Avg Days on Market

N/A

New This Week

19

Price Reduced

28%

Sold (30 Days)

41

Median Sale Price

$1.59M

Live data from RLS at REBNY • Updated 5/14/26, 1:03 AM EST

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Location

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1049 5TH Avenue #18B, Upper East Side, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1928
Year Built
98 years old
22
Floors
66
Residential Units
R10
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $26,678,256
Land Value: $5,062,500
Exemptions: $2,290

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

Lot Area: 10,216 SF
Building Area: 131,838 SF
Built FAR: 12.91
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 common charges are $4,782 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $69,600, or roughly $5,800 per month. Verify the current assessment with your attorney before closing.

This property has 3 bedrooms and 4 full bathrooms.

The listed interior living area is 2,925 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1928, making it approximately 98 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

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

At the current list price of $12,050,000 for 2,925 sq ft, the asking price per square foot is approximately $4,120. 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: RLS10484268
First Listed: 3/30/2018
Closed: 3/30/2018
Contract Date: 7/11/2016

Listing Courtesy of Sotheby's International Realty, Inc. - Nikki Field

Listing Contact: (212) 606-7669

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 5/14/2026 at 5:03 AM UTC

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