---
title: "1016 Fifth Avenue Co-ops for Sale in Manhattan | Buyer Savings"
description: "View active listings, prices, and amenities at 1016 Fifth Avenue, located at 1016 Fifth Avenue, New York, NY 10028 in Manhattan. Buy a co-op with Buyer Advantage savings."
url: "https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/1016-fifth-avenue"
source: "Real Estate Rebate Team"
dateModified: "2026-09-10T08:50:33.761Z"
---

# 1016 Fifth Avenue

1016 Fifth Avenue, New York, NY 10028

Upper East Side · Stock Cooperative · Built 1926

Availability last updated: September 10, 2026, 4:50 AM

## At a Glance

- **Active Units**: 4 Units
- **Starting Price**: $7,650,000
- **Property Type**: Stock Cooperative
- **Year Built**: 1926

## Building Overview

About 1016 Fifth Avenue

1016 Fifth Avenue is a prestigious pre-war cooperative located renowned for its grand limestone facade and prime location directly opposite the Metropolitan Museum of Art. Designed by John B. Peterkin, this white-glove building offers residents exceptional privacy, service, and views of Central Park.

## Illustrative Buyer Savings

**$510,000 at Closing**

Illustrative, based on a 3% buyer-broker commission on the highest-priced available residence. Régis shares 50% of the buyer-side commission actually received, so your figure follows the commission offered on your transaction.

Work with Régis before touring or submitting an offer to understand the building, evaluate pricing, and preserve eligible Buyer Advantage opportunities.

**Régis Roumila** — Principal Broker · NY & NJ. Private buyer representation for luxury resale and new development purchases. Verified Member: REBNY · NAR. NYDOS LIC#: 10491211335.

[Speak with Régis](mailto:info@real-estate-rebate.com?subject=Inquiry%3A%201016%20Fifth%20Avenue) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)

## Key Building Details

- **Year Built**: 1926
- **Stories / Floors**: 15
- **Neighborhood**: Upper East Side
- **Active Listings**: 4 units

## Building Amenities

- Central Air
- Common Area
- Laundry Room
- Dryer
- Dishwasher
- Washer
- City
- Park/Greenbelt
- Pets: Building Yes
- Pets: Yes

## Active Residence at 1016 Fifth Avenue

4 Active Residences

Buyer Advantage figures shown on these residences are illustrative, based on a 3% buyer-broker commission. Régis shares 50% of the buyer-side commission actually received on the transaction, so the figure follows the commission offered on the listing you buy. [How the Buyer Commission Share works](https://realestaterebatesnewyork.com/buyer-advantage)

| Residence | Type | Beds | Baths | Size | Price | Status | Estimated Buyer Advantage | Courtesy of |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [1016 Fifth Avenue #11AC](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10028/1016-5th-avenue-ac-11AC-ny-10028) | Stock Cooperative | 4 | 5.5 | — | $17,500,000 | Active | $262,500* | Sothebys International Realty |
| [1016 Fifth Avenue #9A](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10028/1016-5th-avenue-9a-ny-10028) | Stock Cooperative | 5 | 4 | — | $7,650,000 | Active | $114,750* | Compass |
| [1016 Fifth Avenue #2ABC](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10028/1016-5th-avenue-abc-2ABC-ny-10028) | Stock Cooperative | 6 | 8 | — | $34,000,000 | Active | $510,000* | Sothebys International Realty |
| [1016 Fifth Avenue #14B](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10028/1016-5th-avenue-14b-ny-10028) | Stock Cooperative | 3 | 4 | 2,900 ft² | $8,500,000 | Active | $127,500* | Sloane Square LLC |

> 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.

## Sales History for 1016 Fifth Avenue

37 closings in this building. Prices are the consideration recorded on the deed with the City of New York wherever it has been filed.

| Unit # | Beds | Baths | Size | Closing Price | Price / Ft² | Asking Price | Sold On |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 8C | 3 | 3.5 | 2,300 | $3,495,000 | $1,520 | $3,495,000 | Jul 9, 2026 |
| 1E | 1 | 1.5 | 750 | $815,000 (-18.1%) — Public record | $1,087 | $995,000 | Nov 24, 2025 |
| PH-W | — | — | — | $16,000,000 — Public record | — | — | Oct 15, 2025 |
| PHE | 3 | 3 | — | $10,750,000 (-14%) — Public record | — | $12,500,000 | May 1, 2025 |
| 5C | 2 | 3 | — | $3,210,000 (-8.3%) — Public record | — | $3,500,000 | Apr 4, 2025 |
| 11D | 2 | 2 | — | $2,000,000 (-19.8%) — Public record | — | $2,495,000 | May 15, 2024 |
| 5B | 3 | 3 | — | $4,200,000 (-11.6%) — Public record | — | $4,750,000 | Dec 7, 2023 |
| 6B | — | — | — | $4,200,000 — Public record | — | — | Dec 7, 2023 |
| 2A/B/C | 6 | 8 | 8,000 | $28,250,000 (-4.2%) — Public record | $3,531 | $29,500,000 | Oct 17, 2023 |

Showing the 9 most recent of 37 closings. The full record is on the building page.

Public record marks a price taken from the deed filed with the City of New York. Rows without it show the price reported to the listing service, which is what is available until the deed is recorded, typically about two weeks after closing.

The percentage beside a closing price is the sale measured against the original asking price. Rows with no asking price are sales with no listing behind them. Those are sponsor and off-market transfers taken from the public record.

> 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.

## Property Tax History

Property taxes for the co-op corporation at 1016 Fifth Avenue were $2,249,989 in 2026, up 2.5% from 2025.

These figures are for the entire building across all 55 apartments, not for this apartment. A co-op is a single tax lot: the corporation pays one property tax bill and recovers it through shareholders’ monthly maintenance. There is no separate tax bill for an individual unit.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $19,514,250 | $3,645,000 | $15,869,250 | $17,999,910 | $2,249,989 | 12.5% (estimated) |
| 2025 (FY 2025/26) | $19,181,700 | $3,645,000 | $15,536,700 | $17,558,010 | $2,194,483 | 12.5% (estimated) |
| 2024 (FY 2024/25) | $17,876,250 | $3,645,000 | $14,231,250 | $17,594,100 | $2,198,973 | 12.5% |
| 2023 (FY 2023/24) | $16,838,550 | $3,645,000 | $13,193,550 | $16,838,550 | $1,509,025 after $595,840 abatement | 12.502% |
| 2022 (FY 2022/23) | $16,588,800 | $3,645,000 | $12,943,800 | $16,588,800 | $862,183 after $1,172,472 abatement | 12.267% |
| 2021 (FY 2021/22) | $17,304,750 | $3,645,000 | $13,659,750 | $17,304,750 | $869,909 after $1,246,016 abatement | 12.235% |
| 2020 (FY 2020/21) | $19,362,150 | $3,645,000 | $15,717,150 | $18,213,390 | $2,229,636 | 12.267% |
| 2019 (FY 2019/20) | $18,720,000 | $3,645,000 | $15,075,000 | $17,560,960 | $2,181,283 | 12.473% |
| 2018 (FY 2018/19) | $18,066,600 | $3,645,000 | $14,421,600 | $16,980,820 | $2,131,506 | 12.612% |
| 2017 (FY 2017/18) | $18,345,150 | $3,645,000 | $14,700,150 | $15,194,770 | $1,921,136 | 12.719% |
| 2016 (FY 2016/17) | $16,573,050 | $3,645,000 | $12,928,050 | $13,354,000 | $1,706,711 | 12.892% |
| 2015 (FY 2015/16) | $17,057,250 | $3,645,000 | $13,412,250 | $11,993,040 | $1,527,372 | 12.883% |
| 2014 (FY 2014/15) | $15,819,300 | $3,645,000 | $12,174,300 | $10,183,590 | $1,291,668 | 12.855% |
| 2013 (FY 2013/14) | $9,136,350 | $3,645,000 | $5,491,350 | $8,648,730 | $1,118,113 | 13.145% |
| 2012 (FY 2012/13) | $9,141,300 | $3,645,000 | $5,496,300 | $8,450,460 | $1,094,949 | 13.181% |
| 2011 (FY 2011/12) | $8,811,000 | $3,645,000 | $5,166,000 | $8,432,200 | $1,112,260 | 13.433% |
| 2010 (FY 2010/11) | $8,010,000 | $3,645,000 | $4,365,000 | $8,353,000 | $1,093,484 | 13.353% |

The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one.

Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls.

Where an abatement applies, Property Tax is the amount owed after it. Abatements are granted to the property and do not necessarily transfer to a new owner.

Figures are the New York City Department of Finance assessment roll for tax lot 1014940069. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change.

[How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology)

## What to Review Before Buying in 1016 Fifth Avenue

Purchasing real estate in New York City or New Jersey goes beyond the apartment itself. To secure your asset and investment equity, we systematically analyze building structures, financials, board packages, and commission sharing arrangements.

1. **Building Quality** — Review construction, finishes, amenities, management, service level, and long-term resale value.
2. **Monthly Costs** — Understand common charges, property taxes, assessments, and the full carrying-cost picture.
3. **Transaction Strategy** — Evaluate pricing, sponsor terms, closing costs, negotiation leverage, and eligible Buyer Advantage opportunities before committing.

## Location & Neighborhood

1016 Fifth Avenue, New York, NY 10028

### Upper East Side

The Upper East Side (UES) is the epitome of classic New York wealth and culture. Stretching from Central Park to the East River, it is home to Museum Mile, Madison Avenue fashion, and some of the most prestigious addresses in the world. For buyers seeking Upper East Side Manhattan real estate, it offers a lifestyle of polished elegance and safety. Living in the Upper East Side ranges from the ultra-luxury of Fifth Avenue to the bustling, younger energy of Second Avenue. As a premier Manhattan NYC neighborhood, it remains the gold standard for residential stability and top-tier schools. The market for homes for sale in the Upper East Side is surprisingly diverse. While famous for $20 million townhouses and co-ops, the eastern avenues (Yorkville) offer excellent value for studios and one-bedrooms. It is valid to say it has two markets: the "Gold Coast" west of Lexington (historic, expensive, co-op heavy) and the area east of Lexington (more condos, more rentals, more affordable). The lifestyle on the UES is refined. Residents spend weekends at the Met or the Guggenheim, jogging in Central Park, and dining at established bistros. It is less trendy than downtown but more livable. The community is generational. You will see grandmothers and toddlers who both grew up in the neighborhood. It feels established, clean, and manicured. The Upper East Side was transformed by the Second Avenue Subway (Q train), which relieved pressure on the 4/5/6 line. Now, the area feels incredibly connected to Midtown and downtown. The crosstown buses through the park (at 65th, 79th, 86th, 96th) are vital lifelines to the West Side. Central Park is the neighborhood's front yard. Carl Schurz Park on the East River is a hidden gem with a dog run and promenade. Amenities are world-class. The area has the highest concentration of private schools in the city (Dalton, Spence, Chapin) and top hospitals (Lenox Hill, Mt Sinai), making it a magnet for families and professionals. The Upper East Side is best for families, culture lovers, and anyone who wants a classic, safe, and green New York City experience.

- [Upper East Side Guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/upper-east-side)
- [Browse Upper East Side Residences](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/upper-east-side-manhattan)
- [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

## Frequently Asked Questions

### Where is 1016 Fifth Avenue?

1016 Fifth Avenue is on Museum Mile (UES).

### What subway is accessible?

The 4, 5, 6 trains at 86th Street are nearby.

### Is Central Park nearby?

Yes, it is directly across from Central Park.

### What represents the building's style?

It is one of the most elegant buildings on Fifth Avenue.

Have questions about 1016 Fifth Avenue? [Speak with Régis before you tour.](mailto:info@real-estate-rebate.com)

## Considering a Residence at 1016 Fifth Avenue?

Speak with Régis before you tour, negotiate, or submit an offer. Receive private buyer-side guidance, pricing context, and eligible Buyer Advantage opportunities where available.

[Schedule a private consultation](https://realestaterebatesnewyork.com/contact) · [All buildings](https://realestaterebatesnewyork.com/buildings)