Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $11,600,000

· Closed August 28, 2025

Closed For Sale Co-op

$11,600,000

$2,109 per sq ft

785 5TH Avenue #12AB

Lenox Hill, Manhattan

Parc V

MLS® #RLS20013105

RLS at REBNY

Listing by Corcoran Group

5

Bedrooms

4.5

Baths

5,500

Sq. Ft.

1963

Year Built

Quick Summary

Bedrooms 5
Bathrooms 5 full, 1 half
Living Area 5,500 sq ft
Year Built 1963
Ownership Co-op
Maintenance $21,035/mo
Parking Garage
Neighborhood Lenox Hill
Floor 12 of 19

Property Highlights

  • Views: City, Park Greenbelt
  • Exposure: East,North,West facing
  • Climate Control: Other

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 10
Baths 4 Full, 1 Half
Floor 12 of 19
View City, Park Greenbelt
Exposure East,North,West
Cooling Other
Pets Yes
Year Built 1963
Living Area 5,500 sq ft
Parking Garage Available
Structure Type HighRise
Basement Other
Parcel # 1374-0069-00785-000-00012AB
Block/Lot 01374/0069

Listing History

Event Date Price Change
Listed Apr 1, 2025 $13,995,000 -
Price Reduced Sep 2, 2025 $12,995,000 -7.1%
Currently May 29, 2026 $11,600,000 -10.7%

Description

Forget the dizzy towers of Billionaire's Row; the unique vantage of this magnificent Fifth Avenue home offers the perfect perspective on Central Park. The entire length of the apartment offers an iconic panorama of the Park, including The Pond, Hallett Nature Sanctuary, and Wollman Skating Rink in the foreground, framed by the Plaza Hotel, the Metropolitan Club, and the stunning skyline of Central Park West. And the 12th floor is the ideal altitude: higher than the tallest trees in Central Park, but not so vertiginous that the details are lost. In Summer, cherish the endless green oasis. In Fall, watch the leaves turn dazzling vermillion. In Winter, see the sun set over the ice skaters, when the Park is blanketed in snow. In Spring, behold the Park in glorious bloom.

The centerpiece of this apartment is the palatial living room, with its 30-foot expanse of Central Park views. But that is just the beginning. The elegant library, the stylish office, the two northern bedrooms, and the enormous guest suite also face directly onto the Park. And the master suite is the most breathtaking of all, at the corner of the building, with luxuriant vistas both north and west. In short, the twenty-one windows of this magnificent home offer perhaps the best views in New York City. It simply must be seen to be believed.

Purchase as a primary residence or pied-a-terre; international purchasers are welcome.

The stately Parc V, designed by renowned architect Emory Roth, is one of Manhattan's premier white-glove buildings, and its recently renovated lobby rivals any building on Fifth Avenue. An exceptional full-service staff, with two doormen on duty at all times and a live-in superintendent, ensures the highest level of service, discretion, and security. Mail and newspapers are delivered to your door on a daily basis. Maintenance includes all utilities.

This "iconic Fifth Avenue address" (New York Post, Mar. 14, 2025) is literally at the epicenter of it all: surrounded by luxury boutiques (including Bergdorf Goodman, Prada, Louis Vuitton, Zegna, and Harry Winston); top restaurants (including Avra, Le Bilboquet, and Cipriani); and iconic hotels/bars (including the Sherry Netherland, the Pierre, and, of course, the Plaza). To top it off, Audemars Piguet, perhaps the most stylish of the "big three" luxury watch brands (and a crown-jewel retail tenant) has just chosen Parc V for its flagship boutique.

Features & Amenities

Interior Features

Separate Formal Dining Room Building Other In Unit

Exterior Features

Private Outdoor Space Under60 Sqft

Building Amenities

Elevators Storage

Building Information

Building Parc V
Building Data View Compliance & Permits
Total Units 58
Stories 19
Structure HighRise

Financial Details

Maintenance $21,035/mo
Original Price $13,995,000
Sale Price $11,600,000
Previous Price $12,995,000

Lenox Hill occupies a residential section of the Upper East Side, defined by proximity to Central Park, major medical institutions (Memorial Sloan Kettering, Weill Cornell, Lenox Hill Hospital), and the Madison Avenue retail corridor. Housing stock ranges from large pre-war cooperatives to modern condominiums with East River and skyline views.

Lenox Hill Live Market Data

View Neighborhood

Active Listings

651

Median Asking Price

$1.35M

Median $/Sqft

$1,455

Avg Days on Market

N/A

New This Week

35

Price Reduced

32%

Sold (30 Days)

39

Median Sale Price

$1.20M

Live data from RLS at REBNY • Updated 5/29/26, 10:45 AM EST

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Location

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785 5TH Avenue #12AB, Lenox Hill, New York County

Virtual Tour

Building Information

Official NYC property records for this building

1963
Year Built
63 years old
18
Floors
66
Residential Units
R10H
Zoning District
Elevator Apartments Historic District: Upper East Side Historic District

Tax & Assessment

Assessed Value: $25,628,400
Land Value: $3,838,500
Exemptions: $2,290

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

Lot Area: 13,229 SF
Building Area: 163,221 SF
Built FAR: 12.34
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 monthly maintenance are $21,035 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 5 bedrooms and 4 full bathrooms and 1 half bathroom.

The listed interior living area is 5,500 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1963, making it approximately 63 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. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $11,600,000 for 5,500 sq ft, the asking price per square foot is approximately $2,109. 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: RLS20013105
First Listed: 4/1/2025
On Market: 4/1/2025
Price Changed: 9/2/2025
Closed: 8/28/2025
Contract Date: 4/1/2025

Listing Courtesy of Corcoran Group - Judi E Feldman

Listing Contact: (917) 886-1908

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 5/29/2026 at 2:45 PM UTC

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