RealtyLens
for saleRealtyLens property overview
$3,695,000

1148 Fifth /A Ave Unit Parlor

Manhattan, NY, 10128
View more Manhattan, NY property pages
4Beds
3.5Baths
2,700Sqft
$1369$/sqft

Listing Notes

Price Reduction: Fifth Avenue 4 Bedroom Residence With Direct Central Park Views - Now $3, 695, 000! Now offering exceptional value, this beautifully designed four bedroom, three and a half bath home at 1148 Fifth Avenue, a full-service prewar cooperative on Fifth Avenue's Gold Coast, showcases refined craftsmanship, soaring 10 foot ceilings, and sweeping Central Park views. Thoughtfully gut renovated by an architect for his own family, the home blends timeless prewar elegance with with modern comfort , a rare opportunity for discerning buyers seeking space, quality, and location. Over-sized sound proof windows fill the home with natural light, creating an airy, open atmosphere that showcases the apartment's impressive scale and provides generous wall space for art lovers. Every detail reflects expert design, from custom millwork and integrated lighting to beautifully restored prewar proportions. Grand Living and Entertainment Spaces Situated on an elevated parlor-level floor, several steps above the building's lobby and well above the street view, the residence offers both privacy and an intimate connection to Central Park's greenery. Step inside the home to a gracious stone-floored entry foyer that opens to a custom library/media lounge, setting the stage for stylish living. Beyond, the dining room with a built-in bar seamlessly flows into an expansive bright living room with 10 foot ceilings, a marble fireplace, and large windows framing Central Park. The library, dining room, and living room feature bleached white oak floors imported from Austria. A chef's kitchen, accessible from both the dining and living rooms, features two integrated side by side Sub-Zero refrigerators. top -tier Wolf and Miele appliances, a vent-a-hood exhaust to the outside, pantry closets, Larchwood cabinetry, and a striking marble island that anchors the space. Its thoughtful design allows a seamless flow for both entertaining and everyday living, connecting the heart of the home to the surrounding living areas. Bedrooms and Baths Three bedrooms face Central Park, filling the rooms with abundant western light. The primary bedroom features custom closets and a luxurious ensuite windowed bathroom with stone flooring, a spa-like walk-in shower with a rain showerhead, and a Toto Carlyle toilet. Two additional bedrooms share a modern Jack and Jill windowed bathroom, complete with double sinks and a tub/shower. combination. A separate fourth bedroom, located off the kitchen corridor lined with multiple closets and a full-sized vented washer/dryer, currently functions as a den but offers the flexibility as a guest suite, child's bedroom or housekeeper's quarters. This bedroom features a windowed bathroom with a glass-enclosed shower, dual sinks and a linen closet. Dedicated Home Office Adjacent to the kitchen is a well-appointed private windowed home office, ideal for modern living and remote work. Additional Features Soaring 10 foot ceilings and central air conditioning enhance the apartment's light and sense of space. All closets are customized with lighting and solid core doors. Custom millwork enriches the home's character, and an integrated sound system fills the room with music, perfect for both entertaining and everyday living. A conveniently located powder room near the home's library adds guest friendly functionality along with extra storage. The Building 1148 Fifth Avenue is a renowned J.E.R. Carpenter prewar co-op. Building amenities include full-time door staff, a resident manager and porter, a fully equipped fitness center, and a bike room. A private storage unit transfers with the apartment. The building is pet friendly. There is a 2 percent flip tax and 50 percent financing is allowed. Easy access to Museum Mile, many public and private schools, convenient transportation, and world class shopping and dining. Weekend showings are not permitted.

Market Insights

Below nearby median-9.9%

$1369/sqft vs a nearby median of $1519/sqft.

Nearby median$1519/sqft
Nearby properties12
Property size2,700 sqft
  • -9.9% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 2,700 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$4.18M$3.86M$4.50M · 63% confidence
vs ask $3.69M−$488k (−13.2%)

Asking price is about 13.2% below the fair value — likely to draw competing offers if it's still on market.

$1,519/sqft median across 5 tight comps × 2,700 sqft= $4.10M
  • Days-on-market gravity−$123k −3.0%
  • Transit access+$103k +2.5%
  • Pre-war character+$103k +2.5%
Cumulative NYC adjustments+$82k+2.0%

Property Read

FreshnessVerification recommended

The page is useful for research, but the status and price should be verified before acting.

Market Position-9.9% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read2 items to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
456 days
Last price change
No change recorded
Listed
Feb 10, 2025
Photos
21 photos
Property type
coop
Status
for sale

Features & Amenities

DoormanElevatorDen Or OfficeFireplaceTwo Or More StoriesHigh CeilingJack And Jill BathroomLibraryEnsuiteViewsChefs KitchenHome OfficeOfficeDenShopping

Photos

Building Facts

Year built
1923
Stories
13
Total units
60
Residential units
59
Building area
3.81 ac
Lot size
15,120 sqft
Land use
Multi-family elevator buildings
Building class
D4

From NYC public records where available.

Price History

May 4, 2026Initial record
$3,695,000for sale

You can also find this listing on StreetEasy.

Listing data sourced from streeteasy.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.