1120 Fifth Avenue
1120 Fifth Avenue, New York, NY 10128
- Year built
- 1924
- Type
- Cooperative
- Units
- 44
- Floors
- 15
- Flip tax
- $65 per share, paid by the purchaser (≈2% of a typical sale price) — added by amendment after the 1995 lease.
- Financing
- Up to 50% financeable (substantial down payment required).
- Subletting
- Effectively not permitted — no subleases appear in the building's transaction history (owner-occupancy in practice).
- Washer / dryer
- In-unit washer/dryer permitted (apartments include laundry); a shared building laundry is also available.
- Pets
- Permitted — a pet-friendly building.
- Land
- Fee ownership — the cooperative owns the land and the building.
- Alterations
- Board approval required; summer work window April 15–October 15.
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, 2003–2025
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 3BR median
- $7.3M
- Recent range
- $5.6M – $13.7M
- Listing discount
- 11.2%
- Recorded transfers
- 24
1120 Fifth Avenue is the original of J.E.R. Carpenter's celebrated Carnegie Hill twin — built one year before its companion at 1115 Fifth across East 93rd Street — and one of the most architecturally distinguished pre-war Carnegie Hill cooperatives. The 2025 sale of Paul Newman and Joanne Woodward's Penthouse B duplex for approximately $14 million — 40% above the $9.95 million asking price after a bidding war with 11 offers — reset the Carnegie Hill Fifth Avenue penthouse market and is the single most-discussed Manhattan residential closing of the year.
At the foundation is the Carpenter architectural pedigree — fifteen limestone-clad stories in the Italian Renaissance palazzo idiom, by an architect widely regarded as "the leading designer of luxury apartment buildings" of his generation. The building rose for a developer with a life beyond real estate: the Campagna developer credential belongs to Anthony Campagna, whose philanthropic legacy ran to funding the restoration of Virgil's Tomb at Naples, the Herculaneum excavation, and the Casa Italiana at Columbia University. Layered onto that history is the Paul Newman cultural overlay — the Newman / Woodward duplex penthouse that hosted Barack Obama, Bill Clinton, Tom Cruise, Cher, and Harry Belafonte across the family's four-decade tenure.
Architecture and unit composition
Built in 1924 (completed 1925) to J.E.R. Carpenter's design for Anthony Campagna's 93rd St. & 5th Avenue Corp., 1120 Fifth is fifteen stories, limestone-clad, in the Italian Renaissance palazzo idiom that defines Carpenter at peak. The principal external distinction from its twin at 1115 Fifth — completed one year later by Carpenter for Campagna on the south side of East 93rd Street — is that 1120 Fifth carries regular rectangular first-floor windows where 1115 Fifth carries arched first-floor windows.
1120 Fifth is widely regarded as "an attractive 15-story apartment house" by "the leading designer of luxury apartment buildings." The block faces the former Felix Warburg mansion (1908, C.P.H. Gilbert, now The Jewish Museum) directly across the avenue — meaning 1120 Fifth's higher-floor apartments look across to one of the great surviving Gilded Age Fifth Avenue mansions, with the Jacqueline Kennedy Onassis Reservoir beyond. Attractive sidewalk landscaping and a large lobby that runs parallel to the avenue complete the exterior identity.
The forty-four apartments distribute across the building's fifteen stories. Apartment configurations carry the late-1920s Park Avenue / Carnegie Hill layout discipline characteristic of Carpenter's planning approach: substantial ceiling heights, formal entry arrangements, generous proportions.
Building operations
1120 Fifth operates as a full-service Carnegie Hill cooperative:
- 24-hour doorman
- Live-in resident manager
- Fitness center
- Bicycle room
- Private storage
The duplex penthouse with private terrace overlooking Central Park is the building's most-cited structural feature — the Newman / Woodward duplex penthouse that hosted Obama, Clinton, Cruise, Cher, and Belafonte across the family's 40-year tenure.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $0 (under cap)
- Per unit / month range
- —
Facade safety — Local Law 11
The facade passed its last inspection with no required repairs — nothing to budget for here, and no facade assessment on the horizon for roughly five years.
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 →Management & transfer contacts
- Flip tax
- 2% of purchase price
- Sublet policy
- not allowed
- Pied-à-terre
- allowed
- Notable fees
- max financing 50%; NYS stamp tax $0.05/share
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 |
|---|---|---|---|---|---|
| Feb 18, 2025 | 10B | 3 BR · 4 BA | $7,325,000 | -11.2% | |
| Aug 16, 2024 | 8C | 3 BR · 3.5 BA | $7,276,500 | -1.0% | |
| Aug 7, 2024 | 9C | 3 BR · 3 BA · 3,050 sf | $5,628,000 | $1,845/sf | -19.5% |
| Mar 8, 2021 | 3A | 5 BR · 5 BA | $8,250,000 | -2.9% | |
| May 28, 2019 | 8C | 3 BR · 3 BA | $5,600,000 | -6.6% | |
| Sep 10, 2018 | 13B | 3 BR · 3,250 sf | $9,600,000 | $2,954/sf | -3.5% |
| Nov 24, 2017 | 6B | 3 BR · 4 BA · 3,400 sf | $8,600,000 | $2,529/sf | -13.8% |
| May 2, 2017 | 3C | 3 BR · 3 BA · 3,200 sf | $7,150,000 | $2,234/sf | -1.4% |
Market read. $/sf is measured on the latest sales with reliable square footage (2024): a median $2,016/sf across 1 sale. The building has traded as recently as 2025. Median listing discount 4.7% 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 |
|---|---|---|
| Sep 19, 2025 | 11B | $9,995,000 |
| Jul 15, 2025 | PHB | $14,000,000 |
| Jan 31, 2024 | 8A | $13,700,000 |
| Aug 19, 2014 | PH-A | $5,250,000 |
| Apr 15, 2011 | 10B | $8,044,275 |
| May 11, 2009 | 11A | $4,750,000 |
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 1-01505-0001) 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 pied-à-terre restriction is structural. Board approval is highly unlikely for pied-à-terre use; the 2025 Newman sale process made this operational reality explicit. Plan primary-residence positioning at the application stage.
The Carpenter / Campagna architect-developer pedigree is real institutional context. The Carnegie Hill twin pair with 1115 Fifth across East 93rd Street places 1120 Fifth in the most consequential pre-war Carnegie Hill Fifth Avenue cohort.
The duplex penthouse with private terrace is the building's most-cited structural feature. The Newman / Woodward duplex that hosted Obama, Clinton, Cruise, Cher, and Belafonte is the cultural anchor.
The 2025 PH-B closing at approximately $14 million is the most recent pricing benchmark. The 40%-above-asking premium and the 50+ showing / 11 offer bidding war benchmark current high-end Carnegie Hill penthouse demand.
The 50% financing maximum is moderate-restrictive. Plan for substantial down payment; verify post-closing liquidity expectations at application.
The Felix Warburg mansion / Jewish Museum / Reservoir view corridor is structurally valuable. Upper-floor apartments looking west carry one of the most-discussed exposure profiles on Carnegie Hill Fifth Avenue.
Closing timelines are cooperative-standard. Plan for 6 to 10 weeks from contract through board approval to closing.
What to know if you’re selling
The Newman / Woodward cultural overlay is the building's single largest marketing asset. Position accordingly.
The Carpenter architectural pedigree and the Carnegie Hill twin pair identity with 1115 Fifth support premium positioning. Both are real institutional credentials.
The 2025 PH-B precedent (~$14M, 40% above asking) reset Carnegie Hill Fifth Avenue penthouse market expectations. Reference in positioning materials.
The duplex penthouse / private terrace configuration is the building's most-cited structural feature. Highlight in upper-floor inventory positioning.
Closing timelines are cooperative-standard.
Comparable buildings
If you're considering 1120 Fifth Avenue, also evaluate:
- 1115 Fifth Avenue — J.E.R. Carpenter 1925-26; the twin pair sister across East 93rd Street
- 1107 Fifth Avenue — Rouse & Goldstone / Marjorie Merriweather Post triplex penthouse; Carnegie Hill peer
- 1125 Fifth Avenue — Emery Roth 1925; one-apartment-per-floor Carnegie Hill peer
- 1136 Fifth Avenue — Carnegie Hill peer
- 1148 Fifth Avenue — Carnegie Hill peer
The Roebling Team at 1120 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 Carnegie Hill Fifth Avenue cooperative buyers and sellers deserve building-specific intelligence — architectural attribution, board posture, transactional mechanics, and the apartment-line-specific pricing — not generic market commentary.
If you're considering a purchase or sale at 1120 Fifth, a 30-minute consultation is the right starting point.
Corey Cohen · The Roebling Team at Compass 646.939.7375 · c.cohen@compass.com
Sources: The Roebling Research Library (offering plans, house rules, financial statements, board minutes, internal transaction records); NYC Department of Finance recorded transfers; publicly recorded NYC building data.
The neighborhood
For the full corridor — architecture, schools, transit, and pricing across Fifth Avenue — read The Roebling Team Guide to Fifth Avenue.
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