Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $10,500,000

· Closed September 19, 2023

1050 5TH Avenue #18BC
Closed For Sale Co-op

$10,500,000

1050 5TH Avenue #18BC

Upper East Side, Manhattan

null

MLS® #RLS10890708

RLS at REBNY

Listing by Corcoran Group

4

Bedrooms

5.5

Baths

N/A

Sq. Ft.

1960

Year Built

Quick Summary

Bedrooms 4
Bathrooms 5 full, 2 half
Year Built 1960
Ownership Co-op
Maintenance $12,863/mo
Parking Garage
Neighborhood Upper East Side
Floor 18 of 20

Property Highlights

  • Exposure: East,North,South,West facing
  • Outdoor Space: Terrace
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 10
Baths 4 Full, 2 Half
Floor 18 of 20
Exposure East,North,South,West
Pets Yes
Cross Street EAST 86 STREET and EAST 87 STREET
Year Built 1960
Parking Garage Available
Parcel # 1498-0001-01050-000-00018BC

Description

This Fifth Avenue trophy property features almost 4000 square feet and is an unparalleled oasis overlooking Central Park. Greet each day from one of two wraparound terraces totaling over 900 square feet. Take in the beating heart of New York City, from the George Washington Bridge to the north, down to the Empire State Building and beyond. Wind down every evening with breathtaking sunsets over the Jackie Kennedy Onassis Reservoir through 40 feet of curving picture windows facing west across Central Park.

This one-of-a-kind 18th floor residence offers a rarely matched 100 linear feet along Fifth Avenue with North, South, East and West exposures. Stunning. Sophisticated. Serene. Apartment 18B is the south wing and Apartment 18C is the north wing. Each has five rooms: living room, dining room, two bedrooms, two full bathrooms and a guest powder room. Both apartments have breathtaking wrap around terraces.

Easily combine the two living rooms to create a 40-foot entertaining space perched over Central Park and the Jacklyn Kennedy Onassis Reservoir. Enter both the south terrace and the north terrace from this one-of-a-kind living room. The magnificent southwest terrace is perfect for morning coffee, afternoon luncheon and/or sunset cocktails gazing over the Metropolitan Museum of Art, the Reservoir and Central Park. Equally grand is the northwest terrace, large enough for outdoor seating and dining surrounded by the landscape of Central Park.

Apartment 18B has a spectacular open kitchen to the dining room with extraordinary views of the park, a completely unique feature that offers a spectacular daily living experience. This kitchen has park views unlike anything on the market, and opens to the dining area, allowing you to simultaneously prepare meals, mingle with dinner guests, and enjoy the changing seasons. The current formal dining room in apt 18C could be a home office, den/media room/ guest suite or your own gym. Its second kitchen could be a proper laundry room, with large machines and a vented dryer, sink, ironing station and oversized pantry.

This is a once in a lifetime opportunity to seamlessly combine two five-room homes to create countless configurations. Please see the current floor plan and one possible alternate plan attached.

Built in 1959 by Melvin D. Lipman and Bernard Spitzer, 1050 Fifth Avenue is well-known for its attentive staff and the excellent level of service provided by doormen, concierge, the resident manager, handymen, and porters. The building has direct access to a parking garage at the basement level, with monthly spots available for owners. Other amenities include a state-of-the-art fitness room and rooftop terrace. This well-run cooperative allows 50% financing and has no flip tax.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Exterior Features

Terrace

Appliances

Dryer Washer Dryer Allowed Washer

Building Information

Building null
Total Units 96
Stories 20

Financial Details

Maintenance $12,863/mo
Sale Price $10,500,000

The 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 Neighborhood

Active Listings

322

Median Asking Price

$1.30M

Median $/Sqft

$1,453

Avg Days on Market

N/A

New This Week

16

Price Reduced

22%

Sold (30 Days)

33

Median Sale Price

$1.40M

Live data from RLS at REBNY • Updated 3/28/26, 4:07 AM EST

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Location

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1050 5TH Avenue #18BC, Upper East Side, New York County • Near EAST 86 STREET and EAST 87 STREET

Floor Plans

Floor Plan
Floor Plan
MLS® ID: RLS10890708
First Listed: 11/1/2022
Price Changed: 11/1/2022
Closed: 9/19/2023
Contract Date: 11/1/2022

Listing Courtesy of Corcoran Group - Amy Katcher

Listing Contact: (917) 678-4719

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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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 3/28/2026 at 8:07 AM UTC

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