---
title: "1016 5th Avenue #14B, New York City, NY 10028"
description: "1016 5th Avenue #14B, New York City, NY 10028 — Upper East Side, New York City, NY. Listing Price $8,500,000. Price Reduced: Reduced $1,500,000 (15%) from $10,000,000 on August 28, 2026. 3 bed, 4 bath, 2,900 sqft Illustrative Buyer Commission Share of $127,500 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10028/1016-5th-avenue-14b-ny-10028"
source: "Real Estate Rebate Team"
dateModified: "2026-08-28T14:02:39.211Z"
status: "Active"
---

# 1016 5th Avenue #14B, New York City, NY 10028

Upper East Side, New York City, NY

Courtesy of Sloane Square LLC

Last updated: August 28, 2026, 10:02 AM

## At a Glance

- **Listing Price**: $8,500,000
- **Price Reduced**: Reduced $1,500,000 (15%) from $10,000,000 on August 28, 2026
- **Beds**: 3
- **Baths**: 4
- **Sqft**: 2,900
- **Common Charges**: $9,207 / mo
- **Price per Sqft**: $2,931
- **Brokerage Fee**: Share Eligible

## The Private Brokerage Advantage

As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction.

- **Contract Purchase Price**: $8,500,000
- **Illustrative Buyer Commission Share**: -$127,500*
- **Illustrative Net Cost**: $8,372,500

*Illustrative Buyer Savings of $127,500 — 50% of a 3% buyer-broker commission, shared at closing.*

[Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)

## Photos (10)

![1016 5th Avenue #14B, New York City, NY 10028 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/fde2d406-f656-41ae-846a-d7d137b09b9f.jpg)
![1016 5th Avenue #14B, New York City, NY 10028 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/72016856-e223-4f19-8451-741ea89421c2.jpg)
![1016 5th Avenue #14B, New York City, NY 10028 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/022340e3-8026-4558-9639-d5a7bfb55771.jpg)
![1016 5th Avenue #14B, New York City, NY 10028 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b9e60c9c-4f94-42bc-bc59-d0ba35430f1c.jpg)
![1016 5th Avenue #14B, New York City, NY 10028 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/97b9605a-e188-447a-ae5a-7821ca36f842.jpg)
![1016 5th Avenue #14B, New York City, NY 10028 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/546cc9f0-5e46-46ad-a230-51a31fd7ec8a.jpg)
![1016 5th Avenue #14B, New York City, NY 10028 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/edac4b03-b1b6-40fe-a1a4-55498549f12a.jpg)
![1016 5th Avenue #14B, New York City, NY 10028 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5e1a7a7c-2921-4a79-9c9f-714f365e9c63.jpg)
![1016 5th Avenue #14B, New York City, NY 10028 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5f4a971a-0b03-435d-81c1-370ea6bad13e.jpg)
![1016 5th Avenue #14B, New York City, NY 10028 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1fcfc4c4-1af6-4f69-a841-7176b46b731d.jpg)

## Property Overview

BACK ON THE MARKET, SERIOUS SELLER, SIGNIFICANT PRICE DROP: NOW $8,500,000 (was $10,000,000).

  MUST SEE this unique, one of a kind, 8-Room, 14th Floor, 5th Avenue Apartment at 83rd Street with 45' of extraordinary views of Central Park and the Metropolitan Museum of Art.

  Located in a premier White-Glove Prewar Coop, this Excellent Condition Apartment boasts 2,700 SQFT, 9.5 foot-Ceilings, Oversized Windows, abundant storage and a wonderful Layout.

  From the Grand Entrance Gallery walk into the Extra-large Living Room (WBF) struck by views of Central Park and the Metropolitan Museum of Art from a Wall of Oversized Windows on the 14th Floor. Adjacent to this beautiful Living Room is a large Library (or 3rd Bedroom) with a full Modern En-suite Bathroom, also with terrific views of the Park.

  Also adjacent to the Living Room is the Corner Primary Bedroom Suite which includes a large Bedroom with a Wall of Windows facing Central Park and Southern City Views, an en-suite Primary Bathroom, and 2 Walk-in-Closets. Across the hallway from the Primary Bedroom Suite is a well-sized 2nd Bedroom facing South and East and filled with lots of sunlight and city views and en-suite Bathroom.

  Across from the Gallery is an oversized Formal Dining Room with Southern facing windows perfect for large gatherings or intimate get togethers.

  Off the long Butler's Pantry is the fully equipped modern Eat-in Kitchen, an Eating Area, a Laundry Room and 2 Staff Rooms that share a full bathroom which can be combined to create a 4th full bedroom with en-suite bathroom.

  1016 Fifth Avenue is a premier Prewar White-glove Cooperative Building with a magnificent marble lobby which was recently updated, State-of-the-Art Fitness Center, individual storage cages for each Apartment.

  A wonderful Staff includes a Live-in Superintendent, 24-hour Doormen, Elevator Attendants and Handy Men.

  Pieds-à-terre and 50% Financing are permitted, and Pets are welcome.

## Property Details

- **Property Type**: Co-op
- **Beds**: 3
- **Baths**: 4
- **Rooms**: 8
- **Sqft**: 2,900 sqft
- **Stories**: 15
- **Year Built**: 1926
- **Price per Sqft**: $2,931
- **Common Charges**: $9,207 / Monthly
- **Listed On**: Jul 10, 2026
- **Days on Market**: 70 Days

### Residence Features

- Building Other
- Washer Hookup
- In Unit
- Separate/Formal Dining Room
- High Ceilings
- Storage
- Walk-In Closet(s)
- Dishwasher
- Washer Dryer Allowed
- City Lights
- City
- Park/Greenbelt

## Estimated Monthly Payment

**$52,188 / month**, assuming a 20% down payment ($1,700,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $42,981
- **Common Charges**: $9,207

Estimates only. Actual payments may vary. Confirm terms with your lender.

## Sales and market data

### Recent sales

14 apartments at 1016 Fifth Avenue have recorded sales since September 2021, the most recent for $3,495,000 in July 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| [8C](https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/10028/1016-5th-avenue-c-8C-ny-10028) (Apartment) | 3 | 2,300 | $3,495,000 | $1,520/ft² | July 9, 2026 | MLS |
| 1E (Apartment) | 1 | 750 | $815,000 | $1,087/ft² | November 24, 2025 | City record · MLS |
| PH-W (Apartment) | — | — | $16,000,000 | — | October 15, 2025 | City record |
| PHE (Apartment) | 3 | — | $10,750,000 | — | May 1, 2025 | City record · MLS |
| 5C (Apartment) | 2 | — | $3,210,000 | — | April 4, 2025 | City record · MLS |
| 11D (Apartment) | 2 | — | $2,000,000 | — | May 15, 2024 | City record · MLS |
| 6B (Apartment) | 3 | — | $4,200,000 | — | December 7, 2023 | City record · MLS |
| 2ABC (Apartment) | 6 | 8,000 | $28,250,000 | $3,531/ft² | October 17, 2023 | City record · MLS |
| 8D (Apartment) | 3 | — | $2,125,000 | — | August 15, 2023 | City record · MLS |
| 8C (Apartment) | 3 | 2,300 | $2,260,000 | $983/ft² | June 13, 2023 | City record · MLS |
| 8B (Apartment) | 3 | — | $4,300,000 | — | March 7, 2023 | City record · MLS |
| 3D (Apartment) | 4 | — | $2,450,000 | — | April 19, 2022 | City record · MLS |
| 7A (Apartment) | 3 | 3,200 | $5,695,000 | $1,780/ft² | March 8, 2022 | City record · MLS |
| 15B (Apartment) | 3 | 2,250 | $6,900,000 | $3,067/ft² | November 29, 2021 | City record · MLS |

Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below.

### How this price compares

- **This home**: $8,500,000
- **Median sold price**: $4,300,000
- **Difference**: +$4,200,000 (+97.7%)
- **This home, $/ft²**: $2,931
- **Comparable sales**: 7
- **Sales from**: November 2021 – May 2025
- **Middle half of those sales**: $3,230,000 – $6,297,500

Based on three-bedroom sales at 1016 Fifth Avenue.

Square footage is recorded for only 3 of these 7 sales (43%), so no price per square foot is shown for this group. Co-op sales rarely carry a floor area, and a figure drawn from a handful of them would not describe the rest.

### How these sales were negotiated

- **Sale-to-list price**: 87.2% (6 sales)
- **Sold below asking**: 100% (6 sales)
- **Typical time to find a buyer**: 152 days (5 sales)
- **Typical time to close**: 115 days (5 sales)

Based on three-bedroom sales at 1016 Fifth Avenue with the required listing and closing data. Sample sizes vary by metric.

These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure.

### Price trend

Median sale price, co-op three-bedroom sales in Upper East Side

| Year | Median sold price | Sales |
| --- | --- | --- |
| 2017 | $2,990,000 | 37 |
| 2018 | $2,250,000 | 40 |
| 2019 | $2,089,500 | 36 |
| 2020 | $1,985,000 | 27 |
| 2021 | $2,003,666 | 59 |
| 2022 | $2,120,000 | 75 |
| 2023 | $2,100,000 | 45 |
| 2024 | $2,125,000 | 38 |
| 2025 | $2,237,500 | 51 |
| 2026 YTD | $2,695,000 | 27 |

Based on recorded co-op three-bedroom sales in Upper East Side. 2026 is year-to-date.

Sales data through July 2026.

Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for.

[See every recorded sale at 1016 Fifth Avenue](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/1016-fifth-avenue)

## Price and Property History for 1016 5TH Avenue, Unit 14B

Review the recorded listing activity for 1016 5TH Avenue, Unit 14B, including asking-price changes and prior market dates.

- **Latest price change**: Reduced by $1,500,000, or 15%, on August 28, 2026
- **Originally listed**: July 10, 2026 at $10,000,000
- **Current asking price**: $8,500,000

| Date | Price | Listing event |
| --- | --- | --- |
| August 28, 2026 | $8,500,000 | Returned to the market |
| August 28, 2026 | $8,500,000 | Asking price reduced by $1,500,000, or 15% |
| July 10, 2026 | $10,000,000 | Listed for sale by Sloane Square LLC |

## Property Taxes

This apartment is part of a co-op that is taxed as one lot shared across 55 apartments. The corporation’s 2026 property tax bill was $2,249,989 for the whole building. Shareholders cover it through their monthly maintenance rather than a separate bill for this unit.

[See the full property tax history for 1016 Fifth Avenue](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/1016-fifth-avenue)

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

## About The Building

### 1016 Fifth Avenue

Upper East Side · Stock Cooperative

1016 Fifth Avenue, New York, NY 10028

A building in Upper East Side, currently featuring 4 active listings.

- **Year Built**: 1926
- **Active Units**: 4
- **Floors**: 15

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/1016-fifth-avenue)

### Available Residences — For Sale (4)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [14B](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10028/1016-5th-avenue-14b-ny-10028) | 3 | 4 | 2,900 sqft | $2,931 | $8,500,000 (-15.0%) | Sloane Square LLC | Jul 10, 2026 | 70 days |
| [11AC](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10028/1016-5th-avenue-ac-11AC-ny-10028) | 4 | 6 | — | — | $17,500,000 | Sothebys International Realty | Oct 13, 2025 | 340 days |
| [9A](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10028/1016-5th-avenue-9a-ny-10028) | 5 | 4 | — | — | $7,650,000 (-3.8%) | Compass | Sep 8, 2026 | 10 days |
| [2ABC](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10028/1016-5th-avenue-abc-2ABC-ny-10028) | 6 | 8 | — | — | $34,000,000 | Sothebys International Realty | Jun 2, 2026 | 108 days |

## Potential NYC Second-Home Tax

This property may be subject to New York City’s non-primary residence surcharge if it is not used as a qualifying primary residence. The surcharge is based on the NYC Department of Finance market value, not the listing price.

[Estimate the Potential Surcharge](https://realestaterebatesnewyork.com/calculators/nyc-second-home-tax-calculator)

## Upper East Side

Overview of Upper East Side

[Explore Upper East Side](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/upper-east-side) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

### Nearby Upper East Side

- [Central Park real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/central-park)
- [Roosevelt Island real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/roosevelt-island)
- [Upper West Side real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/upper-west-side)
- [Midtown real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/midtown)
- [Theater District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/theater-district)
- [East Harlem real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/east-harlem)

## Related Links

- [1016 Fifth Avenue — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/1016-fifth-avenue)
- [Upper East Side neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/upper-east-side)
- [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

---

> RLS IDX Data display by Real Estate Rebate Team. 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

> All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.