SOLD FOR $10,750,000
Listed at $12,500,000 · Sold 14.0% below asking · Closed May 1, 2025
1016 Fifth Avenue #PHE
MLS® #RLS11027285
Listing by Sothebys International Realty
3
Bedrooms
3
Baths
N/A
Sq. Ft.
1926
Year Built
Quick Summary
Property Highlights
- Views: City
- Exposure: East,North,South facing
- Outdoor Space: Building Terrace, Terrace
Property Details
Description
Welcome to the epitome of luxurious city living in this breathtaking 3 Bedroom penthouse with the most magnificent wrap terrace. Perfectly situated just across from the iconic Metropolitan Museum, this exquisite residence offers a rare blend of sophisticated design, panoramic views, and versatile living spaces. A private elevator landing opens to a grand gallery drenched in sunshine from the wall of south facing windows. As you enter this exclusive penthouse, you are immediately greeted by the stunning terrace that extends the full length of the residence providing an outdoor oasis with unparalleled views of the cityscape. The terrace serves as an extension of the living space, inviting you to indulge in al fresco dining, entertain guests, or simply unwind while soaking in the captivating vistas that unfold in every direction. The interior of the penthouse is an artful fusion of modern elegance and timeless design with ceilings soaring over 11 feet. The spacious Living Room, adorned with floor-to-ceiling windows, bathes the space in natural light and frames the city skyline like a work of art. The centerpiece of the Living Room is an impressive marble fireplace that spans the entire height of the room. It’s a major wow. With its sleek finishes and state of the art appliances, the Eat in Kitchen is a chef's dream. It seamlessly integrates with the Dining Room and Living Room, creating an ideal setting for both intimate dinners and grand gatherings. Located behind the Dining Room is a perfectly placed Home Office/Gym. Completing the living space, is a handsome Library with an ensuite windowed bathroom. This room can easily be converted to a 3rd Bedroom. The private Bedroom quarters provide a wonderful retreat. There are two masterfully designed Bedrooms. The Primary Suite is an oasis of tranquility with the most fabulous en suite Bath boasting commanding views of the city. The Second Bedroom is sun-filled and has an en suite bathroom with a porthole window. This exceptional penthouse is more than a home; it's a masterpiece of urban living, offering a lifestyle defined by sophistication, convenience, and the sheer beauty of New York City at every turn. 1016 Fifth Avenue is a white-glove, prewar cooperative directly across the street from the Metropolitan Museum of Art and Central Park. Residents enjoy an array of amenities, including a 24-hour door attendant, a live-in resident manager, a stunning marble-clad lobby, a gym, and storage space. The building is pet friendly.
Features & Amenities
Interior Features
Exterior Features
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 quiet, 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
329
Median Asking Price
$1.30M
Median $/Sqft
$1,497
Avg Days on Market
N/A
New This Week
33
Price Reduced
23%
Sold (30 Days)
34
Median Sale Price
$1.40M
Live data from RLS at REBNY • Updated 3/24/26, 7:20 PM EST
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Location
1016 Fifth Avenue #PHE, Upper East Side, New York County
Listing Data
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Market Data
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Listing Courtesy of Sothebys International Realty - Allison Koffman
Listing Contact: (212) 606-7688
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.
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RLS Data display by Keller Williams NYC. Data last updated on 3/24/2026 at 11:20 PM UTC