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Residential Income Property with Park Views

1049 5th Avenue 16-B, Manhattan, NY 10028

For Sale
$11,250,000

Northwest corner residence with four bedrooms, a flexible layout, and full-service condominium amenities.

Property Size3,335 SF
Price / SF$3,373
Days on Market193

Property Features for 1049 5th Avenue 16-B

General Information

Standard status Active
Size 3,335 SF
Property subtype Apartment

Taxes and HOA fees

Annual Taxes $96,061

Building Details

Building Size 3,335 SF
Year Built 1928
Listing Agency: Coleman Real Estate Group
Listed By: Matthew K Coleman
Source: Bondnyre
Added: Apr 29 Changed: Nov 6 Last Checked: Nov 6 at 2:26PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coleman Real Estate Group

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Investment Insights

Based on property information with market context.

This 3,335-square-foot northwest corner condominium residence combines a broad, adaptable floor plan with direct views across Central Park and the Reservoir. The home includes a double-exposure great room, formal dining room, family room, separate living room with custom library shelving, kitchen, butler’s pantry, washer/dryer, and a private bedroom wing. The primary suite features two exposures, a walk-in closet with dressing area, and a windowed bath with double vanity, soaking tub, and separate shower. Three additional bedrooms provide flexible accommodation for guests, work, or living space.

The residence has been maintained over time and offers renovation potential in the kitchen and primary bath. The boutique full-service condominium was built in 1928 and reimagined in 1991 by Costas Kondylis. Building services include a 24-hour doorman and concierge, live-in superintendent, private storage, and garage. The property is situated on Museum Mile near the Metropolitan Museum of Art and Solomon R. Guggenheim Museum.

Key Highlights

  • 3,335‑square‑foot northwest corner condominium residence
  • Unobstructed views over Central Park and the Reservoir
  • Four‑bedroom layout with separate living, dining, family, and great rooms

Location Intelligence

Trade Area within ½ mile

16,921
Businesses Nearby

Demographics for 10028, NY

48,116
Population
29,535
Households
1.6
Avg Household Size
39
Median Age
83%
College-Educated
98%
High-School Grad
0.3 sq mi
ZIP Area
160,387
Density / Sq Mi
$168,125
Median Household Income
$116,860
Median Earnings
$2,702
Median Rent
$1,600,400
Median Home Value

Market

Average Price Trend$/SF for Residential income properties in Manhattan, NY

$1,276 Jul
$727 Aug
$650 Sep
$877 Oct

Properties on Market for Residential income properties in Manhattan

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Residential income property - Northwest corner residence with four bedrooms, a flexible layout, and full-service condominium amenities.
Where is this residential income property located?
The property is located at 1049 5th Avenue 16-B Manhattan, NY.
What is the asking price?
The asking price for this property is $11,250,000.
What are key features of this property?
This property features: 3,335‑square‑foot northwest corner condominium residence; Unobstructed views over Central Park and the Reservoir; Four‑bedroom layout with separate living, dining, family, and great rooms
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