Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $9,000,000

· Sold at asking price · Closed April 1, 2026

SOLD: 1049 5th Avenue #PH20
SOLD $9,000,000
Sold Condo

$9,000,000

$1,931 per sq ft

1049 5th Avenue #PH20

Upper East Side, Manhattan

MLS® #RLS20026861

RLS at REBNY

Listing by Compass

5

Bedrooms

6.5

Baths

4,661

Sq. Ft.

1928

Year Built

Sale Details

Sale Price $9,000,000
Original List Price $9,000,000
First Listed At $11,950,000
Close Date April 1, 2026
vs. Asking Sold at asking price

Property Summary

Bedrooms 5
Bathrooms 6 full, 1 half
Living Area 4,661 sq ft
Year Built 1928
Ownership Condo
Common Charges $10,159/mo
Property Taxes $137,928/yr
Neighborhood Upper East Side
Floor 20 of 22

Description

High above Fifth Avenue, where the city gives way to the green expanse of Central Park, a rare and remarkable canvas awaits. Penthouse 20 at 1049 Fifth Avenue spans over 4,650 square feet across a full floor, with sweeping views of Central Park and the skyline, elegantly framed by multiple private terraces. Accessed via a private elevator landing, the residence opens into a grand entry hall that is bathed in natural light from every direction. The layout is gracious and well-proportioned, offering an exceptional opportunity to reimagine a home of rare scale and sophistication atop Fifth Avenue. The western and northern wing hosts dramatic entertaining spaces: a double living room with a classically framed fireplace and panoramic Park and Reservoir views; a richly paneled library; a large media room with adjacent terrace; a windowed kitchen with breakfast area overlooking the Reservoir; and a spacious dining room flanked by two additional terraces. The eastern and southern wing features five bedrooms, each with en-suite baths, including one with a private terrace. The primary suite offers a sense of scale and privacy rarely found complete with dual bathrooms and separate dressing rooms. Throughout, oversized picture windows capture the surrounding vistas and flood the home with natural light. The offering includes a separate studio apartment on the third floor and a private storage locker. 2% flip tax payable by purchaser. 1049 Fifth Avenue is a distinguished white-glove condominium located along Manhattan’s Museum Mile, directly across from Central Park. Originally built in 1928 as the Adams Hotel, the 23-story tower is an elegant example of Functionalist architecture. In the early 1990s, the building was meticulously transformed into a luxury condominium with architecture by Costas Kondylis and interiors by Cullman & Kravis. Today, it offers residents full-service amenities including a 24-hour doorman, concierge, and resident manager.

Property Details

Type Condo
Ownership Condominium
Total Rooms 10
Cooling Other
Year Built 1928
Living Area 4,661 sq ft
Flooring Hardwood

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RLS at REBNY

Listing courtesy of Robert Varvara at Compass. 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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