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Eight-Level Apartment Building
New
For Sale
$59,000,000

1143 5th Ave, New York, NY 10128

Seven full-floor residences feature private outdoor space, Central Park views, and updated building systems.

Property SizeContact for details
Days on Market4

Property Features for 1143 5th Ave

General Information

Standard status Active
Elevators Yes
Property subtype Commercial

Additional Details

Utilities to Site Yes
Multifamily Units 7

Amenities

private penthouse terrace
rooftop terrace
rear yard
attended lobby

Building Details

Year Built 1923
Buildings 1
Stories 8
Construction Neo-Federal
Listing Agency: Corcoran Group
Listed By: Carrie Chiang (ccc@corcoran.com)
Source: Edifyny
Added: Oct 2 Changed: Oct 3 Last Checked: Oct 4 at 9:11AM

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 Corcoran Group

Investment Insights

Based on property information with market context.

Built in 1923, this brick-and-limestone apartment property spans 20,000+ square feet across eight levels. The exterior retains its historic facade, while a decade-long reconstruction replaced the structure and building systems, including sewer, gas, electrical, mechanical, and life-safety infrastructure. Elevator service and fiber-optic connectivity are also in place.

The current layout comprises seven full-floor residences of approximately 2,000 square feet each, with multiple exposures and private outdoor space. Interiors include Wolf kitchens, marble bathrooms with heated floors, white oak flooring and paneling, integrated home technology, and in-residence laundry. Shared amenities include an attended lobby, rear yard, rooftop terrace, and private penthouse terrace. The property sits directly across from Central Park, with park and city views from the terraces.

Key Highlights

  • 20,000+ square feet across eight levels
  • Seven full‑floor residences of approximately 2,000 square feet each
  • Brick‑and‑limestone exterior with historic facade retained; structure rebuilt

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Accounting Firm Auto Repair Shop Big Box & Wholesale Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

7
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

13,131
Businesses Nearby

Demographics for 10128, NY

64,249
Population
35,940
Households
1.8
Avg Household Size
38
Median Age
77%
College-Educated
96%
High-School Grad
0.5 sq mi
ZIP Area
128,498
Density / Sq Mi
$148,705
Median Household Income
$103,078
Median Earnings
$2,648
Median Rent
$1,295,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Seven full-floor residences feature private outdoor space, Central Park views, and updated building systems.
Where is this apartment building located?
The property is located at 1143 5th Ave New York, NY.
What is the asking price?
The asking price for this property is $59,000,000.
What are key features of this property?
This property features: 20,000+ square feet across eight levels; Seven full‑floor residences of approximately 2,000 square feet each; Brick‑and‑limestone exterior with historic facade retained; structure rebuilt
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