Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
1049 5th Avenue #16-B
Interested in this property?
Active For Sale Condo

$11,250,000

$3,373 per sq ft

1049 5th Avenue #16-B

Upper East Side, Manhattan

MLS® #RLS20087587

RLS at REBNY

Listing by Coleman Real Estate Group

4

Bedrooms

3.5

Baths

3,335

Sq. Ft.

1928

Year Built

Quick Summary

Bedrooms 4
Bathrooms 4 full, 1 half
Living Area 3,335 sq ft
Year Built 1928
Ownership Condo
HOA/Common Charges $7,864.35/mo
Property Taxes $96,061.2/yr
Parking Garage
Neighborhood Upper East Side
Floor 16 of 23

Property Highlights

  • Exposure: North,South,West facing
  • Style: Prewar architecture
  • Climate Control: Other

Property Details

Type Condo
Ownership Condominium
Total Rooms 9
Baths 3 Full, 1 Half
Floor 16 of 23
Exposure North,South,West
Cooling Other
Pets Yes
Cross Street East 86th Street/East 85th Street
Year Built 1928
Living Area 3,335 sq ft
Parking Garage Available
Architectural Style Prewar
Structure Type HighRise
Parcel # 1497-1100
Block/Lot 1497/7501

Listing History

Event Date Price Change
Listed Apr 29, 2026 $11,250,000 -
Currently Apr 30, 2026 $11,250,000 -

Description

Unobstructed, cinematic views over Central Park and the Reservoir define this exceptional northwest corner residence at 1049 Fifth Avenue. From sunrise light to golden hour, every major room is immersed in sweeping park vistas, creating a rare sense of openness and tranquility high above the city. The expansive double-exposure great room anchors the home, offering an extraordinary setting for both entertaining and everyday living, with equally stunning outlooks from the formal dining room and family room.

The residence offers a gracious and highly functional layout with excellent bones and scale throughout. A separate living room with custom library shelving provides a more intimate retreat, while the spacious kitchen, butler’s pantry, andwasher/dryer support both daily living and entertaining. Privately positioned, the bedroom wing can be closed off from the main living areas, creating a quiet and flexible living environment.

The corner primary suite is a serene sanctuary with double exposures, strong natural light, a walk-in closet with dressing area, and a windowed bath with double vanity, soaking tub, and separate shower. Three additional bedrooms offer generous proportions and flexibility for guests, work, or additional living space. While the home has been well maintained over time, it presents a compelling opportunity for a new owner to renovate and elevate the residence—particularly the kitchen and primary bath—into a truly world-class apartment. For the discerning buyer or investor, the combination of scale, layout, and irreplaceable views offers exceptional long-term upside in one of Manhattan’s most tightly held locations.

Originally built in 1928 and completely reimagined in 1991 by Costas Kondylis, 1049 Fifth Avenue is a boutique full-service condominium blending prewar character with modern construction. Notably, it is one of the very few condominium buildings along the prestigious Fifth Avenue “Gold Coast,” where the majority of surrounding properties are cooperatives—offering a distinct advantage in flexibility, ownership structure, and long-term investment potential. Residents enjoy white-glove service including a 24-hour doorman and concierge, live-in superintendent, private storage and garage. Perfectly positioned on Museum Mile, moments from the Metropolitan Museum of Art and the Solomon R. Guggenheim Museum, this is a rare opportunity to create a bespoke home overlooking Central Park. Note: the photos have been digitally staged and foliage digitally enhanced to reflect a spring bloom. Please schedule a tour to see this home and views in person!

Features & Amenities

Interior Features

Den Separate Formal Dining Room Entrance Foyer Pantry Building Washer Dryer Install Allowed In Unit

Exterior Features

Building Storage

Building Amenities

Elevators

Appliances

Dryer Washer

Building Information

Building Data View Compliance & Permits
Stories 23
Structure HighRise
Style Prewar

Financial Details

Common Charges $7,864.35/mo
RE Taxes $96,061.2/yr ($8,005/mo)

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

337

Median Asking Price

$1.70M

Median $/Sqft

$1,563

Avg Days on Market

N/A

New This Week

26

Price Reduced

30%

Sold (30 Days)

33

Median Sale Price

$1.50M

Live data from RLS at REBNY • Updated 4/30/26, 1:44 PM EST

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Location

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1049 5th Avenue #16-B, Upper East Side, New York County • Near East 86th Street/East 85th Street

Floor Plans

Floor Plan 1
Floor Plan 2

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 $7,864.35 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $96,061.2, or roughly $8,005 per month. Verify the current assessment with your attorney before closing.

This property has 4 bedrooms and 3 full bathrooms and 1 half bathroom.

The listed interior living area is 3,335 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 $11,250,000 for 3,335 sq ft, the asking price per square foot is approximately $3,373. 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: RLS20087587
First Listed: 4/29/2026
On Market: 4/29/2026
Price Changed: 4/29/2026
Contract Date: 4/29/2026

Listing Courtesy of Coleman Real Estate Group - Matthew K Coleman

Listing Contact: (212) 677-4040

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 4/30/2026 at 5:44 PM UTC

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