For Sale · Listing by Douglas Elliman Real Estate
1220 PARK Avenue #5B
Carnegie Hill, Manhattan
$6,795,000
1220 PARK Avenue #5B
MLS® #RLS20122168
Listing by Douglas Elliman Real Estate
- 4
- Bedrooms
- 3.5
- Baths
- N/A
- Sq. Ft.
- 1930
- Year Built
Quick Summary
Property Highlights
- Views: City
- Fireplace: 1 fireplace
- Climate Control: Central Air
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Oct 22, 2026 | $6,795,000 | - |
| Currently | Oct 22, 2026 | $6,795,000 | - |
Description
A masterpiece of classic pre-war architecture, this exceptional Carnegie Hill residence was designed by legendary architect Rosario Candela and meticulously renovated by renowned architect Alan Wanzenberg. Combining the timeless grandeur of Candela's celebrated proportions with sophisticated contemporary design and state-of-the-art technology, this remarkable home offers an extraordinary setting for both gracious entertaining and refined everyday living. A private marble landing opens to a magnificent 23-foot gallery, where original oak herringbone floors establish an immediate sense of elegance and architectural continuity. The gallery leads to an extraordinary 28-foot, southeast-facing living room, bathed in natural light from five oversized windows framing stunning views down Park Avenue and beyond. A wood-burning fireplace serves as a warm and inviting focal point, complementing the room's impressive scale and classic proportions. Designed for grand-scale entertaining, the spectacular 22-foot dining room comfortably accommodates multiple guests. A discreet butler's pantry connects the dining room to the kitchen and features dual Sub-Zero wine refrigerators with a combined capacity of 264 bottles, creating an exceptional setting for entertaining and collecting. Also in this area is a vented Miele washer and dryer, abundant storage, and a tasteful powder room that serves the entertaining spaces. The windowed eat-in kitchen is as beautiful as it is functional, appointed with custom cabinetry and wall paneling, exquisite Calacatta Gold marble countertops, Wolf double ovens, and a six-burner gas range with exterior ventilation. A 48-inch Sub-Zero refrigerator and Bosch dishwasher complete this beautifully considered culinary space. Facing south, the richly appointed library features elegant mahogany paneling and offers a sophisticated retreat for reading, working, or quiet conversation. With the flexibility to be converted into an additional bedroom, it provides a valuable dimension of versatility to the residence. The private bedroom wing is thoughtfully separated from the entertaining spaces, creating a serene sense of retreat. The south-facing primary suite is a sanctuary of comfort and refinement, featuring two walk-in closets, and a generously proportioned en-suite bathroom with a steam shower. A second south-facing bedroom offers a large walk-in closet and an en-suite windowed bathroom. Two additional bedrooms complete the wing, providing flexibility for guests or additional private living spaces. Modern comforts and advanced technology are discreetly integrated throughout, including multi-zone central heating and air conditioning with humidification, Crestron-controlled window treatments, Lutron lighting, thermally insulated windows with UV protection, an integrated alarm system, and museum-quality Nulux art lighting. A dedicated basement storage unit transfers with the sale. A rare offering that unites Rosario Candela's architectural legacy with Alan Wanzenberg's sophisticated vision, this distinguished Park Avenue residence embodies the enduring elegance of Carnegie Hill. With its exceptional proportions, extraordinary natural light, beautifully appointed interiors, and seamless balance of grand entertaining and private living, it represents a truly remarkable opportunity to own a timeless Manhattan home.
Features & Amenities
Interior Features
Exterior Features
Building Amenities
Appliances
Building Information
Financial Details
About Carnegie Hill
View All Carnegie Hill ListingsCarnegie Hill is a low-traffic residential section of the Upper East Side defined by proximity to Central Park and Museum Mile. The area features low-rise historic architecture and large pre-war cooperatives, with landmarked blocks and boutique retail along Madison Avenue.
Carnegie Hill Live Market Data
View NeighborhoodActive Listings
105
Median Asking Price
$2.19M
Median $/Sqft
$1,540
Avg Days on Market
N/A
New This Week
8
Price Reduced
30%
Sold (30 Days)
17
Median Sale Price
$2.05M
Live data from RLS at REBNY • Updated 10/22/26, 12:46 PM EST
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1220 PARK Avenue #5B, Carnegie Hill, New York County
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 $9,430 per month. Confirm the exact amount with Milton Coste before making an offer.
This property has 4 bedrooms and 3 full bathrooms and 1 half bathroom.
According to MLS records, the building was constructed in 1930, making it approximately 96 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: Pets Allowed,Building Pets Allowed Comments:Pets Allowed. Contact Milton Coste for weight limits or breed restrictions.
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 Douglas Elliman Real Estate - Thomas Clifton Thorn
Listing Contact: (917) 279-6240
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.
How working with a buyer's agent works: I work for you, not the seller. Before I show you anything, New York brokerage rules ask us to put that in writing: an agreement and a disclosure that say I work for you and negotiate on your behalf. The agreement is non-exclusive: you can work with other agents, it runs for a short fixed term we agree on, and you can end it with a note. You may attend open houses independently without an agreement. Read how it works
RLS Data display by Keller Williams NYC. Data last updated on 10/22/2026 at 4:46 PM UTC
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Sale history, taxes, violations and comps for this unit
Before you bid
Pre-Offer Report: 1220 PARK Avenue #5B
At $6,795,000, the listing leaves out what decides the offer: the recorded sale history, the tax and abatement picture, open building violations and permits, and the closed sales that set the price. Milton prepares the report from public records. No obligation.
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What happens next
- 1Milton emails you today.
- 2A short call about what you want and when.
- 3The agreement arrives electronically after the call. Then showings.
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You're contacting Milton Coste, a buyer's agent. Before any private showing, New York brokerage rules require a short non-exclusive agreement. Milton walks you through it before you sign anything. Broker commissions are not set by law and are fully negotiable. How working together works.
Carnegie Hill Market Update
17 sales last 30 days · $2.19M median · 6.2 months supply
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Quick Facts
Monthly Costs Estimate
$1,359,000
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 $5M to $9,999,999 at 2.25%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.
Estimated mansion tax at asking
$152,888
Estimate based on the asking price. Confirm your own obligation with your real estate attorney.
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