1158 5TH Avenue #9/10A, New York City, NY 10029
Listing Courtesy of Corcoran Group
$10,500,000
Potential Rebate: $157,500
Overview
Beautifully perched on Fifth Avenue with direct open views of Central Park and the Reservoir from six of the thirteen rooms, this elegant corner five-bedroom duplex home is unique on Fifth Avenue. Twelve over-sized picture windows along Fifth Avenue afford the double living room and each of the five bedrooms with captivating direct Central Park views - a rare distinction on Fifth Avenue and currently the only apartment available with six rooms facing the Park. This impressive classic prewar residence offers an abundance of generously proportioned rooms spread over two floors in one of Fifth Avenue's most elegant cooperatives. <br/> <br/> A semi-private elevator landing opens to a very gracious gallery from which all rooms on the main level are approached. An expansive 26 X 25 double living room is punctuated with a wood burning fireplace and an eye-catching sweep of views across the Park through three large picture windows. The formal dining room flows seamlessly beyond the living room and easily accommodates dining and entertaining on a large scale. The windowed eat-in kitchen includes an adjacent pantry and staff bedroom with a full bathroom. The main level is complete with a separate corridor off the entry gallery which leads to two-bedroom suites - each with its own bath. A handsome staircase off the entry connects the main level with the gracious upper floor bedroom landing. The vast primary bedroom suite with wood-burning fireplace and direct Central Park views includes an enviably proportioned windowed bath with separate dressing room and closets. There are two additional bedrooms facing the park with baths en-suite. A delightful library/media room on the upper level bedroom floor offers a cozy contrast to the more public rooms below. A particularly spacious laundry room and workspace completes the upper floor and includes a home office, additional staff room and full bath. The sale includes two storage rooms accessed within the building. <br/> <br/> 1158 Fifth Avenue is a landmarked prewar cooperative building Designed by C. Howard Krane and Kenneth Franzheim in the French Renaissance-style and completed in 1924. The building sits atop a 3-story limestone base and is clad in tan brick with wrought iron and limestone detailing. Residents enjoy an abundant and courteous staff including fulltime doorman, concierge and resident manager offering impeccable service and security. Amenities include a fitness center, private storage, bicycle storage and central laundry. Located in prime Carnegie Hill on Central Park, 1158 Fifth is minutes to the world's top museums, luxury shopping, superb restaurants and Manhattan's preeminent schools. Financing is allowed up to 40% and pets are permitted. <br/>
Home Features
- •Washer Hookup
- •In Unit
- •Separate/Formal Dining Room
- •Park/Greenbelt
- •Panoramic
Estimated Monthly Payment
$66,844 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$157,500
Monthly savings impact
$438/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 Corcoran Group
Data Source: TRESTLE #RLS11030119
Price Analysis
Compare average listing prices and value metrics for 1158 Fifth Avenue against the surrounding Carnegie Hill market.
Average List Price
Price Per SqFt
Insufficient size data available to calculate Price Per SqFt comparisons for this specific selection.
184.26% Higher
than the Carnegie Hill price average
This building commands a premium compared to the neighborhood baseline. This typically indicates superior amenities, newer construction, or prime positioning within Carnegie Hill.
Carnegie Hill
Overview of Carnegie Hill
Carnegie Hill is one of the most prestigious and charming sections of the Upper East Side, spanning from 86th to 96th Streets between Fifth Avenue and Third Avenue. Named after Andrew Carnegie's mansion, it is known for its village-like atmosphere and stunning architecture. For buyers seeking Carnegie Hill Manhattan real estate, it offers a quieter, more family-oriented version of uptown luxury.
Living in Carnegie Hill, Manhattan feels like stepping back in time. The neighborhood is preserved by strict historic district zoning, keeping the tree-lined streets sunny and low-rise. As a family-favorite Manhattan NYC neighborhood, it is defined by its proximity to Central Park, elite private schools, and Museum Mile.
Real Estate & Housing Market
The market for homes for sale in Carnegie Hill is famous for its large, pre-war cooperative apartments. Buildings along Fifth and Park Avenues are among the most exclusive in the city. However, the side streets offer beautiful brownstones and townhouses that are highly coveted.
Inventory here is often geared towards families, with "classic six" and "classic seven" layouts common. It is a stable, high-value market. Co-ops generally have strict board requirements, maintaining the neighborhood's private and settled character.
Lifestyle & Community
The lifestyle in Carnegie Hill is refined yet relaxed. It lacks the commercial bustle of the lower 80s or 70s. Instead, residents enjoy boutique shopping on Madison Avenue (like Bonpoint and Jacadi) and brunch at local favorites like Sarabeth's.
The community is tight-knit, often centered around the local schools and the park. It is perhaps the most "neighborhoody" part of the Upper East Side. You will see neighbors chatting on corners, nannies in the park, and a generally slower pace of life.
Transportation & Accessibility
Carnegie Hill is served by the 4, 5, 6 trains at 86th and 96th Streets, providing distinct express connectivity to Wall Street and Grand Central. The Q train on Second Avenue has also opened up the eastern side of the neighborhood.
The M1, M2, M3, and M4 buses on Fifth and Madison Avenues offer scenic north-south travel along the park. While it feels removed from the chaos, the commute to Midtown is efficient.
Parks, Schools & Amenities
Central Park is the neighborhood's backyard. Residents have easy access to the Reservoir, the tennis courts, and the Guggenheim Museum. The neighborhood is also home to the 92nd Street Y, a major cultural and community center.
Schools are a primary draw. The concentration of top-tier private schools (like Dalton, Spence, and Sacred Heart) is higher here than almost anywhere else. It is an area built for raising families in the city.
Who This Neighborhood Is Best For
Carnegie Hill is best for affluent families, lovers of pre-war architecture, and cultural enthusiasts who want to live on Museum Mile. It is ideal for those who prioritize quiet streets, good schools, and proximity to the park.
