Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $10,750,000

Listed at $12,500,000 · Sold 14% below asking · Closed May 1, 2025

SOLD: 1016 Fifth Avenue #PHE
SOLD $10,750,000
Sold Co-op

$10,750,000

Listed at $12,500,000 $-1,750,000 vs asking

1016 Fifth Avenue #PHE

Upper East Side, Manhattan

MLS® #RLS11027285

RLS at REBNY

Listing by Sothebys International Realty

3

Bedrooms

3

Baths

N/A

Sq. Ft.

1926

Year Built

Sale Details

Sale Price $10,750,000
Original List Price $12,500,000
Close Date May 1, 2025
vs. Asking Sold 14% below asking

Property Summary

Bedrooms 3
Bathrooms 3
Year Built 1926
Ownership Co-op
Maintenance $9,698/mo
Neighborhood Upper East Side

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.

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 8
View City
Year Built 1926
Flooring Hardwood

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RLS at REBNY

Listing courtesy of Allison Koffman at Sothebys International Realty. 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. This 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.

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