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In Contract

1016 Fifth Avenue, #5C

$3,295,000 | 2 beds, 3 baths
Building Profile  | 
200 days on Market

Key Details

  • Listed: May 5, 2024
    Last Price Change: ($205,000) on Sep 13
    Days on Market: 200
    Building Type: Cooperative
    Neighborhood: Carnegie Hill (Manhattan)
    Doorman: FT Doorman
    Listing viewed 120 times
Monthly Maintenance: $6,255
Est. Monthly Mortgage: $10,928
Total Est. Monthly Carrying Cost: $17,183
Note: the above is based on a down payment of 50% ($1,647,500), which is the minimum amount permitted by the building.

Insider Highlights

  • Spacious Layout: A gloriously renovated 7 into 6 room layout, offering expansive living spaces ideal for entertaining.
  • Gourmet Kitchen: An oversized eat-in kitchen with double exposure, custom cabinetry, and high-end stainless steel appliances.
  • Luxurious Bedrooms: Two gracious bedrooms, each with en-suite bathrooms, providing serene retreats with ample storage.
  • Elegant Living Room: A stately living room featuring hardwood herringbone floors, a wood-burning marble fireplace, and large windows.
  • Custom Bar Space: A beautifully appointed bar/pantry adjacent to the kitchen, perfect for entertaining guests.
  • Full-Service Amenities: Access to a 24-hour doorman, fitness center, and private storage, enhancing the luxury living experience.

Description

JUST REDUCED! A gorgeous and gloriously renovated 7 into 6 room 2-bedroom home of glorious scale and proportions in an illustrious full-service prewar cooperative on Fifth Avenue. Equally ideal as a spacious full-time residence or lavish pied-a-terre, Residence 5C at 1016 Fifth Avenue boasts a stately living room, an oversized formal dining room/parlor, an immaculate oversized windowed eat-in kitchen with a double exposure, a beautifully appointed bar space, a sexy den, two gracious bedrooms each with an en-suite bathroom as well as two powder rooms, one to serve the entertaining spaces and one to serve the grand dining kitchen.

Enter into an elegant foyer wrapped in elegant glazed plaster wainscoting and intricate crown molding above. Luxuriate in a sprawling living room with hardwood herringbone floors, fabulous walls on which to display your art collection, a wood-burning marble fireplace and massive 12-over-12 windows overlooking the delightful treetops along East 83rd Street.

There is a handsome walnut custom built-in for additional display and storage, and glamorous Venetian plastered ceiling plates which shimmer in the recessed cove lighting which surrounds them.

To the South, there is a large formal dining room currently furnished as a parlor, perfect for expanded entertaining or to host dinner parties or holiday gatherings of scale. For those who prefer a more relaxed setting in which to dine, the huge triple-windowed dining kitchen is wired for sound and offers a large custom center island providing seating for six.

Exposed both East and West, the kitchen is dressed in custom white cabinetry with mirror-panel faces and brushed hardware, deep grey quartz countertops, a glass-tiled backsplash and antiqued porcelain-tiled floors. There is a full suite of stainless steel appliances including a Miele gas range with self-venting Viking hood, a wall-mounted oven and microwave, a Liebherr Premium refrigerator/freezer with triple freezer draw and ice maker as well as a full-sized dishwasher by Bosch. In further service of those who entertain, there is a customized bar/pantry just off the kitchen with a Liebherr Vinidor subcounter wine refrigerator as well as a windowed powder room.

The bedrooms are serenely situated in the separate West wing of the home which additionally features a marvelous central den for watching TV or unwinding from your day.

At the far end of the hall, a private and expansive primary suite has fantastic closets and storage space with a sizable dressing room, a walk-in closet and additional custom built-ins. The primary bedroom is serviced by an en-suite bathroom with neutral marble from floor-to-ceiling, an oversized marble vanity, a glass-enclosed stall shower and excellent built-in storage throughout. The second bedroom easily accommodates a king-size bed and has two dedicated closets as well as a windowed en-suite marble bathroom with a Kohler Tea-for-Two deep soaking tub behind a glass enclosure.

Additional features of this home include a second powder room off of the gallery, beautiful hardwood floors and recessed lighting on dimmers throughout, a washer/dryer and through-wall air conditioning.

Completed in 1926, 1016 Fifth Avenue is a majestic prewar full-service cooperative with a distinctly ornate marble lobby attended by a full-time doorman.

There is a live-in resident manager, and building amenities include a well-equipped fitness center, private storage and bicycle storage. Central Park is at your doorstep alongside all the city’s finest museums and cultural institutions along Museum Mile as well as the vast array of restaurants, shopping and entertainment defining life on the prime Upper East Side. Pets and pieds-a-terre are permitted, and financing is allowed up to 50%.

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Apartment Amenities

  • City View
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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