1080 Fifth Avenue
1080 Fifth Avenue, New York, NY 10128
- Year built
- 1960
- Type
- Cooperative
- Units
- 45
- Floors
- 21
- Landmark
- Designated
- Subletting
- Restrictive (typical of Fifth Avenue Museum Mile cooperatives)
- Flip tax
- A flip tax applies; confirm the rate at the offer stage.
Compiled by The Roebling Research Desk from building documents and current market data. Board policies can change by amendment — confirm at the offer stage. As of 2026.
Every recorded sale at this building, 2005–2025
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 3BR median
- $2.9M
- Recent range
- $2.3M – $3.4M
- Listing discount
- 3.3%
- Recorded transfers
- 37
1080 Fifth Avenue is one of the few postwar buildings at the heart of the Fifth Avenue Museum Mile cooperative corridor, and getting the attribution right matters. The building was completed 1960–61 by Wechsler & Schimenti — a postwar modernist firm — and is structurally distinct from the surrounding overwhelmingly pre-war Carpenter / Candela / Warren & Wetmore Fifth Avenue inventory. A common error in casual broker copy is to misattribute 1080 Fifth to a pre-war Carpenter or Candela commission. It is not. The 1960–61 vintage produces materially different apartment configurations, ceiling heights, and mechanical systems than the pre-war norm.
The building was constructed on the former Andrew Carnegie townhouse extension / Coudert mansion site — a parcel that had previously been part of the Carnegie estate before being severed and developed independently. The mansion-site provenance is a verifiable piece of Upper East Side residential history that ties 1080 Fifth to the broader Carnegie Hill / Museum Mile residential evolution.
The position is unusually consequential. 1080 Fifth sits directly across Fifth Avenue from the Guggenheim Museum — Frank Lloyd Wright's spiral building completed in 1959, immediately before 1080 Fifth itself was completed. The two buildings are essentially contemporaries facing each other across Fifth Avenue. The Cooper Hewitt Smithsonian Design Museum is one block north at 90th and Fifth, the National Academy is one block north at 89th and Fifth, and the Met is seven blocks south. The cultural-institution density immediately surrounding 1080 Fifth is among the highest anywhere in Manhattan.
The postwar vintage produces specific structural attributes relative to the surrounding pre-war inventory: more efficient apartment floor plates, more contemporary primary-suite configurations, mechanical systems that reflect mid-20th-century improvements over 1920s-era luxury construction, and lower ceiling heights (8.5–9 feet) than the 10–11 foot pre-war norm. Buyers should evaluate the trade-off carefully.
The 45-apartment scale across 21 stories is moderate for the postwar era. The inventory produces moderate annual turnover and configuration diversity.
For buyers, 1080 Fifth represents a particular tier of Fifth Avenue inventory: postwar Wechsler & Schimenti architectural pedigree at the heart of the Museum Mile, mansion-site provenance, direct Guggenheim frontage, and pricing materially more accessible than the surrounding pre-war Carpenter / Candela tier.
Architecture and unit composition
The 45 apartments span configurations from approximately 1,500 sf 2BRs to substantially larger 3–4 BR and full-floor configurations across the 21 stories.
The 1960–61 modernist apartment-design vocabulary: 8.5–9 foot ceilings (lower than the pre-war norm but consistent with postwar luxury apartment construction), more efficient floor plates, more contemporary primary-suite configurations, and mechanical systems reflecting mid-20th century improvements. The 21-story building height produces upper-floor view envelopes meaningfully longer than the surrounding 14-story pre-war inventory.
Park-facing apartments on the western flank command direct Central Park views — across Fifth Avenue to the Guggenheim's spiral and beyond to the Park's eastern boundary, the Reservoir, and the West Side. View permanence is essentially absolute.
Building operations
1080 Fifth Avenue operates as a full-service postwar cooperative with full-time doorman, attended elevator, on-site superintendent, and private storage. The 45-apartment scale produces moderate operational density.
Specific policy details (financing posture, flip tax structure, sublet policy specifics, pied-à-terre allowance) should be confirmed directly with property management during due diligence. The board posture follows tier-one Museum Mile Fifth Avenue norms.
Local Law 97
- 2024–2029 annual penalty
- $4,977/yr
- 2030–2034 annual penalty
- $83,983/yr
- Per unit / month range
- $7 – $123
Facade safety — Local Law 11
Safe to live in today — but the last inspection flagged repairs that are due on a deadline, so facade work and its cost are coming. Whether that’s a real concern depends on the scope, the timing, and how the building plans to pay for it — reserves or an assessment — which is exactly what we’d dig into for you.
QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent). Source: NYC DOB facade filings (FISP) · The Roebling Research Library.
See the full facade history →Recent sales
Recent transfers at this building, curated by The Roebling Team research desk. Apartment-level facts are independently verified before publishing; sale prices reflect the recorded transfer amount at the NYC Department of Finance.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Nov 28, 2025 | 8A | 3 BR · 3 BA Closed Nov 24, 2025 (recorded Nov 26) at $2.9M — 3.33% under the $3M asking. 8A — 3BR/3BA. Most recent print at the building's 3BR/A-line baseline. | $2,900,000 | -3.3% | |
| May 2, 2024 | 12C | 3 BR · 2.5 BA Closed May 1, 2024 (recorded May 2) at $3.35M — 10.64% under the $3.749M asking. 12C — 3BR/2.5BA. **Widest 2024 discount-to-ask at 1080 Fifth.** | $3,350,000 | -10.6% | |
| Jan 31, 2024 | 6B | 2 BR · 2 BA Closed Jan 25, 2024 (recorded Jan 31) at $3.1M — full ask, 0% discount. 6B — 2BR/2BA. Clean full-ask close to start 2024. | $3,100,000 | +0.0% | |
| Jul 6, 2023 | 2A | 3 BR · 4 BA · 2,020 sf Closed Jun 28, 2023 (recorded Jul 3) at $2.295M — full ask, 0% discount. 2A — 3BR/4BA at 2,020 sqft = ~$1,136/sqft. Lower-floor full-ask close. | $2,295,000 | $1,136/sf | +0.0% |
| Oct 11, 2022 | 20B | 2 BR · 2 BA Closed Sep 27, 2022 (recorded Oct 4) at $2.8M — 3.90% OVER the $2.695M asking. 20B — 2BR/2BA. Premium-to-ask close on upper-floor B-line. | $2,800,000 | +3.9% | |
| Jan 25, 2022 | 16AB/15B | 4 BR · 5 BA · 4,200 sf Closed Jan 3, 2022 (recorded Jan 19) at $12.1M — **7.56% OVER the $11.25M asking**. 16AB/15B combined — 4BR/5BA. **Largest premium-to-ask close in the entire 1080 Fifth dataset** — $850K above the asking number on a substantial combined-floor trophy. Strongest premium signal in the building's modern history. | $12,100,000 | $2,881/sf | +7.6% |
| Nov 18, 2021 | 8C | 3 BR · 2.5 BA Closed Nov 19, 2021 (recorded Nov 11) at $2.5M — full ask, 0% discount. 8C — 3BR/2.5BA. Clean full-ask close. | $2,500,000 | +0.0% | |
| Jul 28, 2021 | 6A | 2 BR · 2 BA · 1,625 sf Closed Jul 16, 2021 (recorded Jul 21) at $2.1M (recorded transfer). 6A — 2BR/2BA at 1,625 sqft = ~$1,292/sqft. | $2,100,000 | $1,292/sf | off-mkt |
Market read. Most recent trades (2023) cleared a median $1,136/sf across 1 sale. Median listing discount 3.8% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Other recent transfers
| Date | Unit | Price |
|---|---|---|
| Aug 12, 2014 | 1B | $765,000 |
| Jan 31, 2014 | 12A | $2,500,000 |
Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-01501-0001) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage on co-ops is not officially recorded, figures shown are approximate.
What to know if you’re buying
The postwar vintage and the Wechsler & Schimenti attribution are correct — not a pre-war Carpenter or Candela building. Buyers should be cautious of broker copy that misattributes the building to the pre-war Fifth Avenue tradition.
The postwar vintage is structural. Apartment configurations are more efficient than pre-war floor plates; mechanical systems are newer; ceiling heights are lower (8.5–9 feet). Buyers should evaluate the trade-off carefully against pre-war alternatives.
The Guggenheim / Cooper Hewitt frontage is the position. Direct cultural-institution proximity at the densest concentration anywhere in Manhattan.
The mansion-site provenance is real. The Andrew Carnegie townhouse extension / Coudert mansion history is a verifiable piece of the building's provenance.
Pricing is more accessible than pre-war peers. 1080 Fifth typically trades at materially more accessible per-square-foot pricing than the surrounding pre-war Fifth Avenue inventory.
Confirm specific policies directly with management. Financing posture, flip tax structure, sublet specifics, and pied-à-terre allowance should be obtained directly during contract review.
Board approval follows Museum Mile norms. Strong financial profile, professional accomplishment, primary-residence intent are central criteria.
View permanence is excellent. Central Park is permanent; the Guggenheim is a designated landmark.
What to know if you’re selling
The Wechsler & Schimenti authorship, the 1960–61 postwar vintage, the mansion-site history, and the direct Guggenheim frontage are the differentiating marketing assets. Listing copy should foreground the combination — none of the four overlaps with typical pre-war Fifth Avenue building positioning.
Pricing requires apartment-level comparable analysis. Floor altitude, configuration, and renovation history all matter substantially.
Closing timelines are co-op standard. 6–10 weeks from contract signing to closing.
Comparable buildings
If you're considering 1080 Fifth Avenue, also evaluate:
- 1001 Fifth Avenue — Philip Johnson / John Burgee 1979; postwar Museum Mile peer
- 900 Fifth Avenue — Sylvan & Robert Bien 1959; postwar Fifth Avenue peer
- [25 Sutton Place South](/buildings/25-sutton-place-south) — Paul Resnick 1959; sister postwar modernist
- 1060 Fifth Avenue — J.E.R. Carpenter 1928; nearby pre-war Carnegie Hill
- 1107 Fifth Avenue — Rouse & Goldstone 1925; nearby pre-war Carnegie Hill
- 1148 Fifth Avenue — J.E.R. Carpenter 1925; nearby pre-war
The Roebling Team at 1080 Fifth Avenue
The Roebling Team at Compass specializes in Central Park West, the Upper East Side, and the broader Park-facing Manhattan market. We publish this building profile because Fifth Avenue Museum Mile buyers and sellers deserve building-specific intelligence — architecture, board culture, transactional mechanics, and pricing at the apartment level — not generic market commentary.
If you're considering a purchase or sale at 1080 Fifth, a 30-minute consultation is the right starting point.
Get the full picture on this building.
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