High above Fifth Avenue, where the city gives way to the green expanse of Central Park, a rare and remarkable canvas awaits. Penthouse 20 at 1049 Fifth Avenue spans over 4,650 square feet across a full floor, with sweeping views of Central Park and the skyline, elegantly framed by multiple private terraces.
Accessed via a private elevator landing, the residence opens into a grand entry hall that is bathed in natural light from every direction. The layout is gracious and well-proportioned, offering an exceptional opportunity to reimagine a home of rare scale and sophistication atop Fifth Avenue.
The western and northern wing hosts dramatic entertaining spaces: a double living room with a classically framed fireplace and panoramic Park and Reservoir views; a richly paneled library; a large media room with adjacent terrace; a windowed kitchen with breakfast area overlooking the Reservoir; and a spacious dining room flanked by two additional terraces.
The eastern and southern wing features five bedrooms, each with en-suite baths, including one with a private terrace. The primary suite offers a sense of scale and privacy rarely found complete with dual bathrooms and separate dressing rooms. Throughout, oversized picture windows capture the surrounding vistas and flood the home with natural light.
The offering includes a separate studio apartment on the third floor and a private storage locker. 2% flip tax payable by purchaser.
1049 Fifth Avenue is a distinguished white-glove condominium located along Manhattan’s Museum Mile, directly across from Central Park. Originally built in 1928 as the Adams Hotel, the 23-story tower is an elegant example of Functionalist architecture. In the early 1990s, the building was meticulously transformed into a luxury condominium with architecture by Costas Kondylis and interiors by Cullman & Kravis. Today, it offers residents full-service amenities including a 24-hour doorman, concierge, and resident manager.
Active
$11,950,000
1049 5th Ave #PENTHOUSE 20, New York, NY 10028
5beds
4,661sqft
Condominium
Built in 1928
-- sqft lot
$11,650,600 Zestimate®
$2,564/sqft
$10,159/mo HOA
What's special
Private terracePrivate terracesRichly paneled libraryGrand entry hallOversized picture windowsClassically framed fireplaceDramatic entertaining spaces
- 78 days
- on Zillow |
- 638 |
- 32 |
Zillow last checked: 7 hours ago
Listing updated: July 21, 2025 at 07:12am
Listing by:
Compass 914-844-4940,
Robert Varvara
Source: StreetEasy,MLS#: S1773106
Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Rooms
- Room types: Package Room
Appliances
- Included: Dishwasher, Washer/Dryer
Features
- Flooring: Hardwood
- Has fireplace: Yes
Interior area
- Total structure area: 4,661
- Total interior livable area: 4,661 sqft
Property
Features
- Patio & porch: Other
- Exterior features: Balcony
- Has view: Yes
- View description: City, Park/Greenbelt, Skyline
Details
- Parcel number: 014971107
- Special conditions: Resale
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Condition
- Year built: 1928
Community & HOA
Community
- Features: Doorman, Full Time Doorman
- Security: Doorman, Full-Time Doorman
- Subdivision: Upper East Side
HOA
- Has HOA: Yes
- Amenities included: Elevator(s), Concierge
- Services included: Maintenance
- HOA fee: $10,159 monthly
Location
- Region: New York
Financial & listing details
- Price per square foot: $2,564/sqft
- Tax assessed value: $2,511,445
- Annual tax amount: $137,004
- Date on market: 5/28/2025
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