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Penthouse Residential Income Property
For Sale
$15,995,000

860 5TH Avenue PHAB, New York City, NY 10065

Raw interior space offers a customizable residential layout with private outdoor areas and Central Park views.

Property Size5,000 SF
Price / SF$3,199
Days on Market70

Property Features for 860 5TH Avenue PHAB

General Information

Standard status Active
Size 5,000 SF
Elevators Yes
Property subtype Duplex

Additional Details

Multifamily Units 1

Amenities

concierge
fitness center
wine storage
landscaped courtyard garden
white-glove service

Building Details

Year Built 1950
Listing Agency: Brown Harris Stevens Residential Sales LLC
Listed By: Raphael E DeNiro
Source: Nobleblackandpartners
Added: May 27 Changed: Aug 2 Last Checked: Aug 3 at 11:23AM

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 Brown Harris Stevens Residential Sales LLC

Investment Insights

Based on property information with market context.

This penthouse-level residential income property at 860 Fifth Avenue presents approximately 5,000 square feet of unfinished interior space for a custom residential design. The existing volume can accommodate multiple living areas, bedrooms, dining space, an office, and extensive outdoor areas, subject to the buyer’s architectural plan. Windows on all four exposures provide views toward Central Park and the surrounding skyline, while the residence includes private outdoor space and terrace access.

The 1950 cooperative building is positioned between 67th and 68th Streets on Fifth Avenue in New York City. Building services and amenities include white-glove service, attended elevators, concierge coverage, a fitness center, wine storage, a landscaped courtyard garden, and on-site parking with preferred owner rates. Pieds-à-terre, co-purchasing, pets subject to approval, and secondary residence ownership are permitted. The cooperative is owner-occupied, with renting and subletting prohibited.

Key Highlights

  • Approximately 5,000 square feet of raw penthouse‑level interior space
  • Private outdoor space with terrace access
  • Views of Central Park and the skyline from all four exposures

Property Analytics

Current Use

Blink Charging Station Electric Vehicle Charging Station Kenneth B. Chapman, ... Physician Uel Alexis, M.D. Physician The Spine & Pain Institute ... Physician Bennett Towers Apartments ... Apartment Building

Suggested Use

Top Pick Auto Parts Store Auto Repair Shop Daycare Center Nursing Home Butcher Mobile Phone Store

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

1
Residential units

Location Intelligence

Trade Area within ½ mile

27,194
Businesses Nearby

Demographics for 10065, NY

32,891
Population
22,734
Households
1.4
Avg Household Size
40
Median Age
86%
College-Educated
98%
High-School Grad
0.4 sq mi
ZIP Area
82,228
Density / Sq Mi
$160,938
Median Household Income
$121,212
Median Earnings
$2,828
Median Rent
$1,368,200
Median Home Value

Market

Properties on Market for Residential income properties in New York County

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Frequently Asked Questions

What type of property is this?
Residential income property - Raw interior space offers a customizable residential layout with private outdoor areas and Central Park views.
Where is this residential income property located?
The property is located at 860 5TH Avenue PHAB New York City, NY.
What is the asking price?
The asking price for this property is $15,995,000.
What are key features of this property?
This property features: Approximately 5,000 square feet of raw penthouse‑level interior space; Private outdoor space with terrace access; Views of Central Park and the skyline from all four exposures
More about this property
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