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Unobstructed, cinematic views over Central Park and the Reservoir define this exceptional northwest corner residence at 1049 Fifth Avenue. From sunrise light to golden hour, every major room is immersed in sweeping park vistas, creating a rare sense of openness and tranquility high above the city. The expansive double-exposure great room anchors the home, offering an extraordinary setting for both entertaining and everyday living, with equally stunning outlooks from the formal dining room and family room.
The residence offers a gracious and highly functional layout with excellent bones and scale throughout. A separate living room with custom library shelving provides a more intimate retreat, while the spacious kitchen, butler’s pantry, andwasher/dryer support both daily living and entertaining. Privately positioned, the bedroom wing can be closed off from the main living areas, creating a quiet and flexible living environment.
The corner primary suite is a serene sanctuary with double exposures, strong natural light, a walk-in closet with dressing area, and a windowed bath with double vanity, soaking tub, and separate shower. Three additional bedrooms offer generous proportions and flexibility for guests, work, or additional living space. While the home has been well maintained over time, it presents a compelling opportunity for a new owner to renovate and elevate the residence—particularly the kitchen and primary bath—into a truly world-class apartment. For the discerning buyer or investor, the combination of scale, layout, and irreplaceable views offers exceptional long-term upside in one of Manhattan’s most tightly held locations.
Originally built in 1928 and completely reimagined in 1991 by Costas Kondylis, 1049 Fifth Avenue is a boutique full-service condominium blending prewar character with modern construction. Notably, it is one of the very few condominium buildings along the prestigious Fifth Avenue “Gold Coast, ” where the majority of surrounding properties are cooperatives—offering a distinct advantage in flexibility, ownership structure, and long-term investment potential. Residents enjoy white-glove service including a 24-hour doorman and concierge, live-in superintendent, private storage and garage. Perfectly positioned on Museum Mile, moments from the Metropolitan Museum of Art and the Solomon R. Guggenheim Museum, this is a rare opportunity to create a bespoke home overlooking Central Park. Note: the photos have been digitally staged and foliage digitally enhanced to reflect a spring bloom. Please schedule a tour to see this home and views in person!
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
$11,250,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $9,000,000 | $9,000,000 | $9,000,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.235% | 6.058% |
| Monthly Tax Payment | $8,005 | $8,005 | $8,005 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $50,397 | $54,685 | $75,341 |
| Total Monthly Payment | $58,527 | $62,815 | $83,471 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.