---
title: "1050 5th Avenue #PHA, New York City, NY 10028"
description: "1050 5th Avenue #PHA, New York City, NY 10028 — Carnegie Hill, New York City, NY. Listing Price $8,500,000. 4 bed, 4 bath Illustrative Buyer Commission Share of $127,500 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10028/1050-5th-avenue-pha-PHA-ny-10028"
source: "Real Estate Rebate Team"
dateModified: "2026-09-08T16:05:52.473Z"
status: "Active"
---

# 1050 5th Avenue #PHA, New York City, NY 10028

Carnegie Hill, New York City, NY

Courtesy of Platinum Forbes Global Properties

Last updated: September 8, 2026, 12:05 PM

## At a Glance

- **Listing Price**: $8,500,000
- **Beds**: 4
- **Total Baths**: 4
- **Common Charges**: $9,206 / mo
- **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)

![1050 5th Avenue #PHA, New York City, NY 10028 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a37a348b-d315-4bb0-9aa7-d04f8393d47a.jpg)
![1050 5th Avenue #PHA, New York City, NY 10028 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/23b24766-d116-416b-9a2e-d4640143f21a.jpg)
![1050 5th Avenue #PHA, New York City, NY 10028 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f47adb4f-e09a-46a3-9204-066594563e8c.jpg)
![1050 5th Avenue #PHA, New York City, NY 10028 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/33094789-566a-449a-bb09-601a8c54a285.jpg)
![1050 5th Avenue #PHA, New York City, NY 10028 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/fb19df71-9a2f-4317-ad66-54585611ae01.jpg)
![1050 5th Avenue #PHA, New York City, NY 10028 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/eb5aa558-f62a-4ddd-9dfc-ddb4008fa717.jpg)
![1050 5th Avenue #PHA, New York City, NY 10028 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4a964d87-af73-4936-a9c1-6c96423c927f.jpg)
![1050 5th Avenue #PHA, New York City, NY 10028 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c3219594-e258-4dea-846e-c7e3afbca5b6.jpg)
![1050 5th Avenue #PHA, New York City, NY 10028 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7c214db8-f319-4873-88b6-1b399a5929aa.jpg)
![1050 5th Avenue #PHA, New York City, NY 10028 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/81c93a56-f0e3-4e36-9847-cd4c9b3586d0.jpg)

## Property Overview

A Rare Legacy Fifth Avenue Penthouse Offering - First Time Available in Over 60 Years

 Perched high above the Upper East Side's Gold Coast, Penthouse A at 1050 Fifth Avenue presents an exceptionally rare opportunity: a residence that has remained in the same family since the building was completed in 1959, and now, after more than six decades, is available for resale for the very first time.

 This elegant, light-filled home offers a refined lifestyle defined by space, privacy, and panoramic views. Located on a semi-private floor with only one other residence, this expansive 8-room co-op boasts three to five bedrooms, three and a half bathrooms, and 3 private terraces, each offering distinct vantage points of Central Park, the Manhattan skyline, and the iconic Metropolitan Museum of Art.

 The gracious layout opens with a welcoming foyer and an elongated gallery, setting the tone for a home that flows beautifully from one space to the next. The oversized corner living room is bathed in natural light from South and West facing windows and opens directly onto a private terrace overlooking Central Park-a perfect setting for morning coffee or evening sunsets. Adjacent to the living room, a large formal dining room and a separate windowed kitchen allow for seamless entertaining and day-to-day comfort. Off of the kitchen is the fourth bedroom that can easily be used for guests or as a home office.

 A flexible bedroom wing allows for a variety of living arrangements. The current layout features three spacious bedrooms, including a versatile fifth room that functions beautifully as a library or home office with its own terrace. The primary suite is a serene retreat with a private terrace facing south toward the Met, a windowed en-suite bath, a large walk-in closet, and a hallway full of additional cabinetry for generous storage.

 Additional highlights include in-unit laundry, through-wall air conditioning, and an abundance of closets throughout the home. While the apartment is move-in ready, its scale and proportions offer endless potential for customization, allowing a future owner to reimagine and tailor the space to their lifestyle.

 1050 Fifth Avenue is a full-service luxury cooperative designed by Melvin D. Lipman and Bernard Spitzer. Built in 1959 and located on the corner of East 86th Street and Fifth Avenue across from the Neue Galerie and Central Park, the 20-story building offers a 24-hour doorman and live-in resident manager as well as additional full-time staff ensuring attentive service, while modern amenities include a fitness center, common storage, garage, bike room, and laundry facilities. The building is pet-friendly and allows up to 50% financing. Pied-a-terre's allowed on a case by case basis.

 The location is among the most sought-after in Manhattan: across the street from Central Park, in the middle of Museum Mile, two blocks from the Metropolitan Museum of Art, and nearby access to all the shops, cafes, and cultural offerings of Madison Avenue and the Upper East Side.

 Whether enjoyed as-is or transformed into a one-of-a-kind showplace, Penthouse A offers a rare blend of heritage, privacy, and potential-an exceptional offering in one of Fifth Avenue's most respected postwar cooperatives. Please note some listing photos are virtually staged.

 There is a capital assessment in place through December 2026 of $1,653.33/month.

## Property Details

- **Property Type**: Co-op
- **Beds**: 4
- **Total Baths**: 4
- **Rooms**: 8
- **Stories**: 20
- **Year Built**: 1960
- **Common Charges**: $9,206 / Monthly
- **Listed On**: Jul 14, 2026
- **Days on Market**: 62 Days

### Residence Features

- Building Other
- Washer Hookup
- In Unit
- Building Roof Deck
- Private Outdoor Space Over 60 Sqft
- Separate/Formal Dining Room
- Walk-In Closet(s)
- Dishwasher
- City Lights
- City
- Park/Greenbelt
- Panoramic

## Sales Evidence

### Recent closed sales

32 apartments at 1050 Fifth Avenue have recorded sales since September 2021, the most recent for $3,625,000 in June 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| 5D (Apartment) | 2 | 1,552 | $3,625,000 | $2,336/ft² | June 1, 2026 | City record · MLS |
| 3E (Apartment) | 2 | — | $3,500,000 | — | March 4, 2026 | City record · MLS |
| 17D (Apartment) | — | — | $5,700,000 | — | November 24, 2025 | City record |
| 19B/C (Apartment) | 4 | — | $13,000,000 | — | October 31, 2025 | City record · MLS |
| 4D (Apartment) | 2 | — | $2,900,000 | — | October 1, 2025 | City record · MLS |
| 10C (Apartment) | 2 | — | $2,300,000 | — | July 29, 2025 | City record · MLS |
| 4C (Apartment) | — | — | $1,775,000 | — | May 21, 2025 | City record |
| 12D (Apartment) | — | — | $1,700,000 | — | March 7, 2025 | City record |
| 15C (Apartment) | 2 | — | $2,000,000 | — | December 12, 2024 | City record · MLS |
| 13B (Apartment) | — | — | $3,225,000 | — | September 11, 2024 | City record |
| 15D (Apartment) | 2 | 1,600 | $2,840,000 | $1,775/ft² | August 7, 2024 | City record · MLS |
| 13A (Apartment) | — | — | $3,200,000 | — | June 7, 2024 | City record |
| 15F (Apartment) | — | — | $3,500,000 | — | May 28, 2024 | City record |
| 11C (Apartment) | — | — | $2,300,000 | — | May 15, 2024 | City record |
| 6F (Apartment) | 3 | — | $3,400,000 | — | November 13, 2023 | City record · MLS |
| 18BC (Apartment) | 4 | — | $10,500,000 | — | September 19, 2023 | City record · MLS |
| HALL (Apartment) | — | — | $150,000 | — | March 10, 2023 | City record |
| 2BC (Apartment) | — | — | $4,387,500 | — | January 18, 2023 | City record |
| 2C (Apartment) | 5 | — | $2,570,000 | — | December 12, 2022 | City record · MLS |
| HALL (Apartment) | — | — | $150,000 | — | July 18, 2022 | City record |
| 4B (Apartment) | 2 | — | $2,385,000 | — | July 15, 2022 | City record · MLS |
| 11C (Apartment) | — | — | $2,425,000 | — | February 28, 2022 | City record |
| 9C (Apartment) | 1 | 1,236 | $1,775,000 | $1,436/ft² | February 17, 2022 | City record |
| 9C (Apartment) | 1 | 1,236 | $88,750 | $72/ft² | February 17, 2022 | MLS |
| 3C1 (Apartment) | — | — | $1,435,000 | — | January 27, 2022 | City record |
| 11D (Apartment) | — | — | $4,000,000 | — | January 13, 2022 | City record |
| 17C (Apartment) | 2 | — | $5,600,000 | — | December 13, 2021 | City record · MLS |
| 5/6A (Apartment) | 2 | — | $1,695,000 | — | November 29, 2021 | MLS |
| 20C (Apartment) | 2 | 1,975 | $4,400,000 | $2,228/ft² | November 22, 2021 | City record · MLS |
| 5/6A (Apartment) | — | — | $1,557,500 | — | November 22, 2021 | City record |
| 14D (Apartment) | — | — | $2,495,000 | — | October 26, 2021 | City record |
| 10A (Apartment) | — | — | $2,400,000 | — | October 13, 2021 | City record |

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 co-op four-bedroom sales in Carnegie Hill is $4,600,000, based on 22 sales between September 2024 and June 2026. This home is asking $8,500,000, $3,900,000 above that median. The middle half of those sales closed between $3,343,750 and $5,676,250.

- **Median closed price**: $4,600,000
- **Middle half**: $3,343,750 – $5,676,250
- **Based on**: 22 co-op four-bedroom sales in Carnegie Hill
- **Period**: September 2024 – June 2026

Square footage is recorded for only 6 of these 22 sales (27%), 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.

Across the 21 of these sales with a published asking price, the median closed at 95.8% of what it originally asked. 71% of them closed below the original ask.

This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Carnegie Hill instead.

### How these sales were negotiated

- **Sold vs original ask**: 95.8% of the original ask
- **Closed below ask**: 71% of 21 sales
- **Listed → in contract**: 44 days (about 6 weeks)
- **In contract → closed**: 113 days (about 16 weeks)

Across the 21 of these sales with a published asking price, the median closed at 95.8% of what it originally asked. 71% of them closed below the original ask.

Half of these homes were in contract within 44 days (about 6 weeks) of coming to market, based on the 21 with a recorded listing date.

Once a deal was agreed, closing took a further 113 days (about 16 weeks), based on the 21 with both dates recorded. A co-op board package and its interview account for much of that.

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.

Based on 22 co-op four-bedroom sales in Carnegie Hill, September 2024 – June 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ.

### Price trend

Median sold price for co-op four-bedroom sales in Carnegie Hill, 2017 to 2025. The series is held to one bedroom count and one ownership type for the same reason: an unfiltered median tracks which apartments sold, not what they were worth.

| Year | Median sold price | Sales |
| --- | --- | --- |
| 2017 | $5,332,500 | 12 |
| 2019 | $4,995,000 | 13 |
| 2021 | $4,637,500 | 14 |
| 2022 | $4,150,000 | 12 |
| 2024 | $3,400,000 | 10 |
| 2025 | $5,160,454 | 17 |

This building does not have enough sales with a recorded floor area to chart its own price per square foot, which is usual for a co-op. The series above follows comparable homes across Carnegie Hill instead.

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 1050 Fifth Avenue](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/1050-fifth-avenue)

## Property Taxes

This apartment is part of a co-op that is taxed as one lot shared across 90 apartments. The corporation’s 2026 property tax bill was $3,182,095 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 1050 Fifth Avenue](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/1050-fifth-avenue)

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

## About The Building

### 1050 Fifth Avenue

Carnegie Hill · Stock Cooperative

1050 Fifth Avenue, New York, NY 10028

A building in Carnegie Hill, currently featuring 8 active listings.

- **Year Built**: 1960
- **Total Units**: 8
- **Floors**: 20

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/1050-fifth-avenue)

### Available Residences — For Sale (8)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [PHA](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10028/1050-5th-avenue-pha-PHA-ny-10028) | 4 | 4 | — | — | $8,500,000 | Platinum Forbes Global Properties | Jul 14, 2026 | 61 days |
| [11/12A](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10028/1050-5th-avenue-1112a-ny-10028) | 2 | 3 | — | — | $1,695,000 (-5.6%) — In contract | Corcoran Group | Mar 17, 2026 | 180 days |
| [17A](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10028/1050-5th-avenue-a-17A-ny-10028) | 4 | 5 | — | — | $4,200,000 | Douglas Elliman Real Estate | Sep 23, 2025 | 355 days |
| [3B](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10028/1050-5th-avenue-b-3B-ny-10028) | 2 | 2 | — | — | $2,385,000 (-2.7%) — In contract | Sothebys International Realty | Oct 24, 2025 | 324 days |
| [PHB](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10028/1050-5th-avenue-phb-PHB-ny-10028) | 2 | 3 | — | — | $7,475,000 (-8.3%) — In contract | Sothebys International Realty | Feb 4, 2026 | 221 days |
| [12C](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10028/1050-5th-avenue-c-12C-ny-10028) | 2 | 2 | — | — | $3,300,000 (-5.7%) — In contract | Douglas Elliman Real Estate | Mar 6, 2026 | 191 days |
| [2E](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10028/1050-5th-avenue-e-2E-ny-10028) | 3 | 2 | — | — | $3,395,000 — In contract | Douglas Elliman Real Estate | Apr 2, 2026 | 164 days |
| [7C](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10028/1050-5th-avenue-7c-ny-10028) | 1 | 2 | 1,325 sqft | $1,694 | $2,245,000 | Brown Harris Stevens Residential Sales LLC | Sep 9, 2026 | 4 days |

## Estimated Monthly Payment

**$52,187 / 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**: $9,206

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)

## Carnegie Hill

Overview of Carnegie Hill

[Explore Carnegie Hill](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/carnegie-hill) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

### Nearby Carnegie Hill

- [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

- [1050 Fifth Avenue — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/1050-fifth-avenue)
- [Carnegie Hill neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/carnegie-hill)
- [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.