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In Contract

1016 Fifth Avenue, #2ABC

$29,500,000 ($3,688 per ft2) | 6 beds, 6+ baths | Approx. 8,000 ft2
Building Profile  | 
530 days on Market

Key Details

  • Listed: May 22, 2023
    Days on Market: 530
    Building Type: Cooperative
    Neighborhood: Carnegie Hill (Manhattan)
    Doorman: FT Doorman
    Listing viewed 601 times
Monthly Maintenance: $20,113 ($2.51/ft2)
Est. Monthly Mortgage: $97,736
Total Est. Monthly Carrying Cost: $117,849 ($14.73/ft2)
Note: the above is based on a down payment of 50% ($14,750,000), which is the minimum amount permitted by the building.

Description

5th Ave/83rd St - Triple Mint 14 Room Prewar Cooperative

This triple mint, approximately 8000 sq ft residence, is located in one of the Manhattan’s finest prewar cooperative buildings at Fifth Avenue and East 83rd Street. The apartment recently underwent a two year renovation, resulting in a pristine and stunning 14 room home. No expense was spared in creating a classic and modern space.

A private elevator landing opens into an elegant gallery which leads to a spectacular 70 ft expanse of entertainment rooms facing onto 5th Avenue and overlooking the Metropolitan Museum Of Arts’ tree-lined landscaped plaza and fountains.

The vast center living room is 32 x 26, and the adjacent dining room can easily accommodate 24 guests. Adjacent to the dining room is a 1000-bottle wine room, which is temperature controlled and humidified. The impressive corner library is renovated in wire-brushed ebonized larch, with a hand-applied matte Italian lacquer finish.

Next to the library is a large study facing onto tree-lined 83rd St. Two guest bathrooms complete the entertainment wing of the home.

At the center of the floor plan is the amazing and enormous 500 square foot eat-in-kitchen, with outstanding storage space, long-plank hardwood flooring and top-of-the-line stainless steel appliances. The adjacent butler’s pantry leads back to a an additional smaller dining area for more intimate seating. Across the hall from the eat-in-kitchen is an enormous 18 x 25 playroom/ sitting room, which also faces onto tree-lined East 83rd Street.

The private bedroom wing of the home consists of five well-proportioned bedrooms, each with its own renovated en-suite bathroom . The massive primary suite is arguably the largest of its kind in Manhattan, and boasts colossal amounts of closets space, double dressing areas, and double bathrooms renovated with classic and timeless white marble.

Discreetly tucked away off of the main bedroom corridor is a large laundry room, and a staff bedroom with bath en-suite.

Residents of this limestone-clad , white-glove prewar cooperative built in 1926 enjoy the highest levels of service, privacy and security.

There is a fitness center and ample storage on the lower level of the building.

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Listing courtesy of Brown Harris Stevens Residential Sales LLC

Pricing History

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About 1016 Fifth Avenue

91

1016 Fifth Avenue has received a CityRealty Rating of 91, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

28
Out of 44
+
31
Out of 36
+
22
Out of 39
+
10
=
91
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Architectural Masterpiece 8 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
Dramatic 3 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
Yes and Good 2 out of 3 points
Skyline:
Highly Visible 2 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Exposed 0 out of 2 points
Airconditioners:
Allowed and Present 0 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
Present 1 out of 2 points
Garden:
Attractive 2 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
Part of Historic District 1 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Outstanding 5 out of 5 points
Distance To Neighborhood Center:
Less than 10 blocks 5 out of 5 points
Views:
Dazzling 4 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Some 2 out of 3 points
Protected Views:
Many 2 out of 2 points
Distance To Subway:
More than 5 Short Blocks 0 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
3-5 Short Blocks 1 out of 2 points
Distance To Park:
Less Than 3 Short Blocks 2 out of 2 points
Distance To Water:
3-6 Short Blocks 1 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Stunning 5 out of 5 points
Units Per Floor:
3-4 3 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
Some 1 out of 3 points
Health Club:
Yes 1 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Considerable 2 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
Some 1 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
Yes 1 out of 1 points
Elevator Person:
Yes 1 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Many 2 out of 2 points

Building Amenities

  • Attended Lobby
  • FT Doorman
  • High-Rise
  • Pre War
  • Resident Storage
  • Garden
  • Elevator
  • Fitness Center
  • In-Unit Washer/Dryer
  • Live-In Superintendent
  • Historic District

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Pros
  • Concierge
  • Elevator person
  • Impressive canopied side street entrance and lobby
  • Sidewalk landscaping
  • Many excellent Central Park Views
  • Few apartments
  • Some decorative balconies
  • Doorman
  • Close to Subway
Cons
  • No garage
  • Exposed rooftop water tank
  • Considerable traffic near entrance to Metropolitan Museum of Art
  • No terraces
  • No sundeck
  • No health club
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Subways

  1. 4
  2. 5
  3. 6
at Lexington Ave 0.31 miles

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