---
title: "1049 5th Avenue #16-B, New York City, NY 10028"
description: "1049 5th Avenue #16-B, New York City, NY 10028 — Upper East Side, New York City, NY. Listing Price $11,250,000. 4 bed, 4 bath, 3,335 sqft Illustrative Buyer Commission Share of $168,750 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10028/1049-5th-avenue-16b-ny-10028"
source: "Real Estate Rebate Team"
status: "Active"
---

# 1049 5th Avenue #16-B, New York City, NY 10028

Upper East Side, New York City, NY

Courtesy of Coleman Real Estate Group

## At a Glance

- **Listing Price**: $11,250,000
- **Beds**: 4
- **Total Baths**: 4
- **Sqft**: 3,335
- **Common Charges**: $7,864 / mo
- **Monthly Taxes**: $8,005 / mo
- **Price per Sqft**: $3,373
- **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**: $11,250,000
- **Illustrative Buyer Commission Share**: -$168,750*
- **Illustrative Net Cost**: $11,081,250

*Illustrative Buyer Savings of $168,750 — 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)

![1049 5th Avenue #16-B, New York City, NY 10028 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/21504a87-b0b1-44d0-b99a-18c67c492c88.jpg)
![1049 5th Avenue #16-B, New York City, NY 10028 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a7b6d5ce-5ec8-48f7-8dc2-76edfdae4c72.jpg)
![1049 5th Avenue #16-B, New York City, NY 10028 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/cf0e127a-ebe3-4659-af5e-2856a1ce7f04.jpg)
![1049 5th Avenue #16-B, New York City, NY 10028 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1bf54214-9321-4d79-948f-187209932aaa.jpg)
![1049 5th Avenue #16-B, New York City, NY 10028 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ca6be2ed-5aa9-4a44-a4f2-dc18ab920bc2.jpg)
![1049 5th Avenue #16-B, New York City, NY 10028 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/783d20b6-dbce-4d03-80c6-445a99ba5c86.jpg)
![1049 5th Avenue #16-B, New York City, NY 10028 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c58dea7d-24e9-49d1-83f3-94a80825524b.jpg)
![1049 5th Avenue #16-B, New York City, NY 10028 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/aef7f082-20c7-4815-9008-f4f1638002f1.jpg)
![1049 5th Avenue #16-B, New York City, NY 10028 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/9c3acd86-d7b6-43f7-a143-65977370d869.jpg)
![1049 5th Avenue #16-B, New York City, NY 10028 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e36d6037-5cb8-4236-8730-2fdaa1331265.jpg)

## Property Overview

Unobstructed, cinematic views over Central Park and the Reservoir define this exceptional northwest corner residence at 1049 Fifth Avenue. From sunrise light to golden hour, every major room is immersed in sweeping park vistas, creating a rare sense of openness and tranquility high above the city. The expansive double-exposure great room anchors the home, offering an extraordinary setting for both entertaining and everyday living, with equally stunning outlooks from the formal dining room and family room.

The residence offers a gracious and highly functional layout with excellent bones and scale throughout. A separate living room with custom library shelving provides a more intimate retreat, while the spacious kitchen, butler’s pantry, andwasher/dryer support both daily living and entertaining. Privately positioned, the bedroom wing can be closed off from the main living areas, creating a quiet and flexible living environment.

The corner primary suite is a serene sanctuary with double exposures, strong natural light, a walk-in closet with dressing area, and a windowed bath with double vanity, soaking tub, and separate shower. Three additional bedrooms offer generous proportions and flexibility for guests, work, or additional living space. While the home has been well maintained over time, it presents a compelling opportunity for a new owner to renovate and elevate the residence—particularly the kitchen and primary bath—into a truly world-class apartment. For the discerning buyer or investor, the combination of scale, layout, and irreplaceable views offers exceptional long-term upside in one of Manhattan’s most tightly held locations.

Originally built in 1928 and completely reimagined in 1991 by Costas Kondylis, 1049 Fifth Avenue is a boutique full-service condominium blending prewar character with modern construction. Notably, it is one of the very few condominium buildings along the prestigious Fifth Avenue “Gold Coast,” where the majority of surrounding properties are cooperatives—offering a distinct advantage in flexibility, ownership structure, and long-term investment potential. Residents enjoy white-glove service including a 24-hour doorman and concierge, live-in superintendent, private storage and garage. Perfectly positioned on Museum Mile, moments from the Metropolitan Museum of Art and the Solomon R. Guggenheim Museum, this is a rare opportunity to create a bespoke home overlooking Central Park.  Note: the photos have been digitally staged and foliage digitally enhanced to reflect a spring bloom.  Please schedule a tour to see this home and views in person!

## Property Details

- **Property Type**: Condominium
- **Beds**: 4
- **Total Baths**: 4
- **Rooms**: 9
- **Sqft**: 3,335 sqft
- **Stories**: 23
- **Year Built**: 1928
- **Price per Sqft**: $3,373
- **Common Charges**: $7,864.35 / Monthly
- **Monthly Taxes**: $8,005 / mo
- **Listed On**: Apr 29, 2026
- **Days on Market**: 138 Days

### Residence Features

- Building Washer Dryer Install Allowed
- In Unit
- Building Storage
- Den
- Separate/Formal Dining Room
- Entrance Foyer
- Pantry
- Dryer
- Washer

## Sales Evidence

### Recent closed sales

14 apartments at 1049 5th Avenue have recorded sales since September 2021, the most recent for $12,750,000 in May 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| 19B (Apartment) | 3 | 2,793 | $12,750,000 | $4,565/ft² | May 11, 2026 | City record · MLS |
| PH20 (Apartment) | 5 | 4,661 | $9,000,000 | $1,931/ft² | April 1, 2026 | City record · MLS |
| 10B (Apartment) | 3 | 1,830 | $3,850,000 | $2,104/ft² | September 12, 2025 | City record · MLS |
| 10C (Apartment) | 3 | 2,074 | $3,500,000 | $1,688/ft² | June 6, 2025 | City record · MLS |
| 6A (Apartment) | 2 | 1,224 | $1,800,000 | $1,471/ft² | May 6, 2025 | City record · MLS |
| MR4 (Apartment) | — | 285 | $500,000 | $1,754/ft² | April 30, 2025 | City record |
| 17B (Apartment) | 4 | 2,918 | $9,500,000 | $3,256/ft² | July 8, 2024 | City record · MLS |
| 10A (Apartment) | 4 | 2,691 | $5,425,000 | $2,016/ft² | November 9, 2023 | City record |
| 10A (Apartment) | 4 | 2,691 | $5,425,000 | $2,016/ft² | November 9, 2023 | City record · MLS |
| 4D (Apartment) | 2 | 1,228 | $2,425,000 | $1,975/ft² | July 26, 2022 | City record · MLS |
| 4D (Apartment) | 2 | 1,228 | $2,425,000 | $1,975/ft² | July 26, 2022 | City record |
| 11C (Apartment) | 3 | 2,074 | $3,425,000 | $1,651/ft² | May 31, 2022 | City record · MLS |
| 14A (Apartment) | 3 | 2,458 | $5,850,000 | $2,380/ft² | May 25, 2022 | City record · MLS |
| 8B (Apartment) | 2 | 1,830 | $2,940,000 | $1,607/ft² | January 26, 2022 | 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

The median closed price for comparable four-bedroom sales at 1049 5th Avenue is $5,425,000, based on 3 sales between November 2023 and July 2024. This home is asking $11,250,000, $5,825,000 above that median. The middle half of those sales closed between $5,425,000 and $7,462,500.

- **Median closed price**: $5,425,000
- **Middle half**: $5,425,000 – $7,462,500
- **Based on**: 3 four-bedroom sales at 1049 5th Avenue
- **Period**: November 2023 – July 2024
- **Median $/ft²**: $2,016/ft²

### Price trend

Median price per square foot for sales at 1049 5th Avenue, 2017 to 2025. Price per square foot is used rather than sale price so the line follows the market rather than whichever apartments happened to change hands that year.

| Year | Median $/ft² | Sales |
| --- | --- | --- |
| 2017 | $4,120/ft² | 3 (thin) |
| 2019 | $1,752/ft² | 3 (thin) |
| 2022 | $1,975/ft² | 5 |
| 2025 | $1,721/ft² | 4 (thin) |

Years marked "thin" rest on fewer than 5 sales, where a single unusual apartment moves the median a long way. Read those points as the small samples they are rather than as the market turning.

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 1049 5th Avenue](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/1049-5th-avenue)

## Price and Property History for 1049 5th Avenue, Unit 16-B

Review the recorded listing activity for 1049 5th Avenue, Unit 16-B, including asking-price changes and prior market dates.

- **Last sold**: $12,900,000 on April 28, 2016

| Date | Price | Listing event |
| --- | --- | --- |
| April 29, 2026 | $11,250,000 | Listed for sale by Coleman Real Estate Group |
| April 28, 2016 | $12,900,000 | Sold |
| April 28, 2016 | $12,900,000 | Sold |
| April 27, 2016 | $12,900,000 | Listed for sale by Brick & Mortar |
| March 3, 2016 | $12,900,000 | Sold |
| March 3, 2016 | — | Sold |
| June 2, 2015 | $12,900,000 | Listed for sale by Brick Real Estate LLC |
| June 2, 2015 | $12,900,000 | Listed for sale by Brick & Mortar |
| October 28, 2012 | $12,900,000 | Listed for sale by Brick & Mortar |

## Property Tax History

Taxes at 1049 5th Avenue #16-B were $99,635 in 2026, up 3.2% from 2025.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $846,289 | $147,156 | $699,133 | $797,083 | $99,635 | 12.5% (estimated) |
| 2025 (FY 2025/26) | $844,949 | $147,156 | $697,793 | $772,258 | $96,532 | 12.5% (estimated) |
| 2024 (FY 2024/25) | $787,066 | $147,156 | $639,910 | $763,278 | $95,410 | 12.5% |
| 2023 (FY 2023/24) | $756,610 | $147,156 | $609,454 | $750,469 | $93,824 | 12.502% |
| 2022 (FY 2022/23) | $750,506 | $147,156 | $603,350 | $742,927 | $91,135 | 12.267% |
| 2021 (FY 2021/22) | $722,168 | $147,156 | $575,012 | $722,168 | $88,357 | 12.235% |
| 2020 (FY 2020/21) | $800,052 | $147,156 | $652,896 | $703,820 | $86,338 | 12.267% |
| 2019 (FY 2019/20) | $782,020 | $147,156 | $634,864 | $675,145 | $84,211 | 12.473% |
| 2018 (FY 2018/19) | $748,852 | $147,156 | $601,696 | $658,150 | $83,006 | 12.612% |
| 2017 (FY 2017/18) | $724,133 | $147,156 | $576,977 | $621,926 | $79,103 | 12.719% |
| 2016 (FY 2016/17) | $684,666 | $147,156 | $537,510 | $615,859 | $79,397 | 12.892% |
| 2015 (FY 2015/16) | $654,674 | $147,156 | $507,518 | $595,911 | $76,771 | 12.883% |
| 2014 (FY 2014/15) | $623,615 | $147,156 | $476,459 | $562,893 | $72,360 | 12.855% |
| 2013 (FY 2013/14) | $567,734 | $147,156 | $420,578 | $531,123 | $69,816 | 13.145% |
| 2012 (FY 2012/13) | $548,627 | $147,156 | $401,471 | $509,957 | $67,217 | 13.181% |
| 2011 (FY 2011/12) | $608,512 | $147,156 | $461,356 | $486,901 | $65,405 | 13.433% |
| 2010 (FY 2010/11) | $489,593 | $147,156 | $342,437 | $450,215 | $60,117 | 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.

Figures are the New York City Department of Finance assessment roll for tax lot 1014971100. 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)

## About The Building

### 1049 5th Avenue

Upper East Side · Condominium

1049 5th Avenue, New York, NY 10028

A building in Upper East Side, currently featuring 1 active listing.

- **Year Built**: 1928
- **Total Units**: 1
- **Floors**: 23

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/1049-5th-avenue)

### Available Residences — For Sale (1)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [16-B](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10028/1049-5th-avenue-16b-ny-10028) | 4 | 4 | 3,335 sqft | $3,373 | $11,250,000 | Coleman Real Estate Group | Apr 29, 2026 | 137 days |

## Estimated Monthly Payment

**$72,756 / month**, assuming a 20% down payment ($2,250,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $56,886
- **Property Taxes**: $8,005
- **Common Charges**: $7,864

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

## 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

- [1049 5th Avenue — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/1049-5th-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.