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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. ©2025 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 for no listing shall the number of bedrooms listed be considered a legal conclusion.

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  1. Home
  2. Buy
  3. New York City
  4. Manhattan
  5. 10028
  6. 1016 Fifth Avenue #11AC
Property thumbnail
1 / 21
Stock Cooperative•Upper East Side

1016 Fifth Avenue #11AC, New York City, NY 10028

Listing Courtesy of Sothebys International Realty

$17,500,000

Potential Rebate: $262,500

Stock Cooperative
4 Beds
6 Baths
10 Rooms
166,600 sqft
Built 1926
15 Stories
105/ft²
Listed on Oct 13, 2025
75 days on market
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Overview

Expertly designed by AD100 designer Juan Montoya, this grand Fifth Avenue residence is a triumph of sophistication and scale. Recently renovated to the highest standards with exquisite finishes and extraordinary attention to detail, the home offers over 5,500 square feet of elegant living space and a flexible floor plan with generous entertaining rooms and up to four bedrooms.

At its heart lies a spectacular 1,200-square-foot living room, remarkable for its vast square proportions and seamless flow into the adjacent formal dining room—an ideal layout for gracious entertaining. The chef’s kitchen is both sleek and highly functional, featuring state-of-the-art appliances, a large center island, extensive storage, and an adjoining staff suite and laundry room with side-by-side appliances and a utility sink.

Enjoying absolute privacy, the primary suite is a serene haven with mesmerizing views of Central Park and the Metropolitan Museum of Art. The suite includes a generous sitting area, two teak-paneled bathrooms, double dressing rooms with fully customized storage, and soundproof windows—all designed for ultimate comfort and tranquility.

There are three additional spacious bedrooms, each with an ensuite bathroom. Two of these overlook East 83rd Street; one is currently configured as a library with a wood-burning fireplace, while the third—an expansive, wood-paneled room with coffered ceilings, private entrance, and luxurious steam shower—captures beautiful western light and partial Central Park views. Every room enjoys open and attractive exposures.
The home’s refined aesthetic is underscored by rare wood finishes, eight-foot lacquered doors, and wide-plank oak floors throughout. A six-zone central air system with humidification, new custom double-paned landmark windows, Lutron-controlled lighting and shades, and a fully integrated home automation system complete this meticulously executed renovation.

Located at 1016 Fifth Avenue, a premier white-glove cooperative with a canopied entrance on East 83rd Street, the building offers a magnificent marble lobby, full-time doorman and porters, and a resident manager. Additional amenities include a state-of-the-art fitness center and private storage units. Pied-à-terres and 50% financing are permitted, and pets are welcome.

Home Features

  • •Central Air
  • •Common Area
  • •Laundry Room
  • •Dryer
  • •Dishwasher
  • •Washer
  • •Hardwood
  • •City

Estimated Monthly Payment

$103,005 per month

30 year fixed, 6.28% Interest

Principal and Interest
$86,474
Property Taxes
$0
Maintenance/Common Charges
$16,531

Estimated Rebate for this Home

One-time rebate at closing

$262,500

Monthly savings impact

$729/mo

💡 Estimated at 1.5% of purchase price

The rebate is paid to you at closing and can help offset closing costs or other expenses.

Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).

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Listings

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. ©2025 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 for no listing shall the number of bedrooms listed be considered a legal conclusion.

The Real Estate Rebate Team

Listing Courtesy of Sothebys International Realty

Data Source: TRESTLE #RLS20054267

REBNY Logo

Price Analysis

Compare average listing prices and value metrics for 1016 Fifth Avenue against the surrounding Upper East Side market.

Based on 1 active units in building vs 121 in area

Average List Price

Building$17.5M
Neighborhood$4.9M

Price Per SqFt

Building Avg$105/ft²
Neighborhood Avg$1,395/ft²
Value Opportunity

92.47% Lower

than the Upper East Side price-per-sq-ft average

Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.

Upper East Side

Upper East Side

Overview of Upper East Side

The Upper East Side (UES) is the epitome of classic New York wealth and culture. Stretching from Central Park to the East River, it is home to Museum Mile, Madison Avenue fashion, and some of the most prestigious addresses in the world. For buyers seeking Upper East Side Manhattan real estate, it offers a lifestyle of polished elegance and safety.

Living in the Upper East Side ranges from the ultra-luxury of Fifth Avenue to the bustling, younger energy of Second Avenue. As a premier Manhattan NYC neighborhood, it remains the gold standard for residential stability and top-tier schools.

Real Estate & Housing Market

The market for homes for sale in the Upper East Side is surprisingly diverse. While famous for $20 million townhouses and co-ops, the eastern avenues (Yorkville) offer excellent value for studios and one-bedrooms.

It is valid to say it has two markets: the "Gold Coast" west of Lexington (historic, expensive, co-op heavy) and the area east of Lexington (more condos, more rentals, more affordable).

Lifestyle & Community

The lifestyle on the UES is refined. Residents spend weekends at the Met or the Guggenheim, jogging in Central Park, and dining at established bistros. It is less trendy than downtown but more livable.

The community is generational. You will see grandmothers and toddlers who both grew up in the neighborhood. It feels established, clean, and manicured.

Transportation & Accessibility

The Upper East Side was transformed by the Second Avenue Subway (Q train), which relieved pressure on the 4/5/6 line. Now, the area feels incredibly connected to Midtown and downtown.

The crosstown buses through the park (at 65th, 79th, 86th, 96th) are vital lifelines to the West Side.

Parks, Schools & Amenities

Central Park is the neighborhood's front yard. Carl Schurz Park on the East River is a hidden gem with a dog run and promenade.

Amenities are world-class. The area has the highest concentration of private schools in the city (Dalton, Spence, Chapin) and top hospitals (Lenox Hill, Mt Sinai), making it a magnet for families and professionals.

Who This Neighborhood Is Best For

The Upper East Side is best for families, culture lovers, and anyone who wants a classic, safe, and green New York City experience.

Upper East Side GuideAll Neighborhoods
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