Estimated payment $84,995/month
Total Views
247
5
Beds
5.5
Baths
4,661
Sq Ft
$2,564
Price per Sq Ft
Highlights
- Valet Parking
- 5-minute walk to 86 Street (4,5,6 Line)
- Granite Countertops
- P.S. 6 Lillie D. Blake Rated A
- Wood Flooring
- 1-minute walk to Ancient Playground
About This Home
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
Home Type
- Condominium
Est. Annual Taxes
- $137,004
Year Built
- Built in 1928
HOA Fees
- $10,159 Monthly HOA Fees
Parking
- Garage
Interior Spaces
- 4,661 Sq Ft Home
- Wet Bar
- Built-In Features
- Bar
- Crown Molding
- Chandelier
- Decorative Fireplace
- Entrance Foyer
- Wood Flooring
- Laundry in unit
Kitchen
- Cooktop
- Freezer
- Dishwasher
- Wine Cooler
- Granite Countertops
Bedrooms and Bathrooms
- 5 Bedrooms
- Dual Closets
Utilities
- Cooling Available
- No Heating
Additional Features
- Balcony
- Private Entrance
Listing and Financial Details
- Legal Lot and Block 1107 / 01497
Community Details
Overview
- 66 Units
- High-Rise Condominium
- Upper East Side Subdivision
- 22-Story Property
Amenities
- Valet Parking
Map
About This Building
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $137,021 | $1,095,996 | $211,305 | $884,691 |
| 2023 | $132,190 | $1,077,603 | $211,305 | $866,298 |
| 2022 | $130,519 | $1,077,654 | $211,305 | $866,349 |
| 2021 | $127,204 | $1,036,964 | $211,305 | $825,659 |
| 2020 | $126,054 | $1,148,797 | $211,305 | $937,492 |
| 2019 | $122,267 | $1,122,905 | $211,305 | $911,600 |
| 2018 | $120,199 | $1,075,279 | $211,306 | $863,973 |
| 2017 | $113,584 | $1,039,786 | $211,305 | $828,481 |
| 2016 | $114,006 | $983,114 | $211,305 | $771,809 |
| 2015 | $40,199 | $940,048 | $211,305 | $728,743 |
| 2014 | $40,199 | $895,447 | $211,305 | $684,142 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/28/2025 05/28/25 | For Sale | $11,950,000 | -- | $2,564 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Condominium Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $1,000,000 | No Value Available | |
| Closed | $100,000 | No Value Available |
Source: Public Records
Similar Homes in New York, NY
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS20026861
APN: 1497-1107
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