1049 5th Avenue, Unit PH20
Description
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...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.
Listing Agents
![Robert Varvara]()
robert.varvara@compass.comP: (914)-844-4940
![Steve Dawson]()
sd@compass.comP: (646)-382-1074
![Dan Colson]()
dancolson@compass.comP: (206)-300-8785
![Stephen Ferrara]()
stephen@compass.comP: (646)-761-7038
![Clayton Orrigo]()
clayton@compass.comP: (212)-960-3306
![The Hudson Advisory Team]()
hudsonadvisory@compass.comP: (212)-960-3306
Amenities
- Primary Ensuite
- Full-Time Doorman
- Concierge
- Balcony
- Decorative Fireplace
- Crown Mouldings
- Decorative Mouldings
- Built-Ins
Property Details for 1049 5th Avenue, Unit PH20
| Status | Contract Signed |
|---|---|
| Days on Market | 208 |
| Taxes | $11,494 / month |
| Common Charges | $10,159 / month |
| Min. Down Pymt | 20% |
| Total Rooms | 10.0 |
| Compass Type | Condo |
| MLS Type | - |
| Year Built | 1928 |
| County | New York County |
| Buyer's Agent Compensation | 2.5% |
Building
1049 5th Ave
Location
Building Information for 1049 5th Avenue, Unit PH20
Payment Calculator
$78,189 per month
30 year fixed, 6.15% Interest
$56,536
$11,494
$10,159
Property History for 1049 5th Avenue, Unit PH20
| Date | Event & Source | Price |
|---|---|---|
| 01/09/2026 | Contract Signed Manual | — |
| 12/01/2025 | Listed (Active) Manual | $11,600,000 |
| 11/18/2025 | Temporarily Off Market Manual | — |
| 11/04/2025 | Listed (Active) Manual | $11,600,000 |
| 10/31/2025 | Temporarily Off Market Manual | — |
| 05/28/2025 | Listed (Active) Manual | $11,950,000 |
| 08/19/2010 | $11,750,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1049 5th Avenue, Unit PH20
Schools near 1049 5th Avenue, Unit PH20
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 6 to 8 | |||
| Public - | 6 to 8 |
Rating | School | Distance |
|---|---|---|
P.S. 6 Lillie D Blake PublicPK to 5 | ||
Nyc Lab Ms For Collaborative Studies Public6 to 8 | ||
Lower Manhattan Community Middle School Public6 to 8 | ||
Jhs 167 Robert F Wagner Public6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2026, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2026 The Real Estate Board of New York, Inc., All rights reserved.