This $10M Fifth Avenue Penthouse is on the Market For the First Time in Over 60 Years

For the first time in over six decades, a remarkable penthouse residence at 1050 Fifth Avenue, PHA, is available for sale—offering a truly rare opportunity to own a piece of New York City's storied "Gold Coast."

Listed for $10,000,000, this sprawling home boasts an unrivalled location, breathtaking views, and timeless elegance.

This grand residence has been held within the same family since the late 1950s and is now ready for its next chapter.

Occupying a semi-private floor, the home offers flexible living with three to five bedrooms (depending on preference), three and a half bathrooms, and an impressive three private terraces—each offering sweeping, postcard-perfect views of Central Park, the Manhattan skyline, and the iconic Metropolitan Museum of Art.

Elegant Layout and Lavish Outdoor Spaces

Entering through a large foyer and gallery, residents are immediately greeted by the penthouse’s elegant proportions and light-filled spaces. The expansive living room features south and west-facing windows and direct access to one of the private terraces, creating a seamless indoor-outdoor lifestyle that is exceedingly rare in Manhattan.

The formal dining room provides a perfect setting for grand entertaining, while the adjacent kitchen, complete with a nearby service entrance and laundry room, offers practicality without sacrificing style. The primary bedroom is a private sanctuary, featuring abundant closet space, an en-suite bathroom, and exclusive access to a spacious terrace—the ideal retreat for morning coffees or sunset views.

Situated at 1050 Fifth Avenue—a prestigious full-service cooperative building designed by Melvin D. Lipman and Bernard Spitzer in 1959—the penthouse enjoys one of the most coveted locations on the Upper East Side. Nestled on the corner of 86th Street and Fifth Avenue, residents are just steps from Central Park and the Met, with the finest dining, culture, and shopping the city has to offer right at their doorstep.

The building provides a suite of premium amenities, including 24-hour door staff, a fitness centre, private storage, and an on-site garage.

This extraordinary listing is represented by Broker Tate Kelly and Agent Josue Gonzalez of Coldwell Banker Warburg.

Photo Credit: Coldwell Banker Warburg