1158 Fifth Avenue
1158 Fifth Avenue, New York, NY 10029
Upper Carnegie Hill, Upper East Side
BBL 1016020069 · BIN 1051458
- Year built
- 1924
- Type
- Cooperative
- Units
- 58
- Floors
- 15
- Landmark
- Designated
- Flip tax
- Seller-paid: 2.0% of the gross sale price for apartments owned before Jan 1, 1990; 2.5% of the gross sale price for apartments acquired on or after Jan 1, 1990.
- Subletting
- Not permitted — an owner-occupancy building.
Compiled by The Roebling Research Desk from the building’s offering plan, amendments, and related building documents (primary source dated 2026). Board policies can change by amendment — confirm at the offer stage.
Every recorded sale at this building, 2003–2026
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- Recent range
- $3.9M – $3.9M
- Listing discount
- 3.6%
- Recorded transfers
- 48
1158 Fifth Avenue is one of the most architecturally distinguished buildings on northern Fifth Avenue — not for the building's exterior, which sits within the broader 1924-vintage limestone-and-brick Fifth Avenue idiom, but for one of its public spaces. The building's lobby is widely cited as among the most elegant in the city: an octagonal, vaulted, Adamesque-decorated space whose architectural quality is materially disproportionate to the building's otherwise mid-tier Carnegie Hill positioning. The lobby is the kind of architectural asset that is verifiable on inspection and that materially shapes the experience of arriving at and living in the building.
The architectural collaboration is itself unusual. C. Howard Crane is best known as the architect of substantial theatrical commissions in the 1920s and 1930s — the Detroit Fox, the St. Louis Fox, the Brooklyn Fox, the Cleveland Allen, and additional large theatrical and civic buildings whose interiors define a particular tradition of 1920s American theatrical architecture. Kenneth Franzheim subsequently became one of Houston's most consequential commercial architects. A New York luxury apartment commission from this pair is a comparatively rare credential within either architect's broader portfolio, and the theatrical-architecture sophistication that Crane brought to large interior spaces translated directly into the vaulted lobby at 1158 Fifth.
The 1924 vintage and the cooperative-from-construction status place 1158 Fifth within the early-1920s wave of Fifth Avenue cooperative construction. The 58-apartment scale across 15 stories produces moderate operational density and apartment-configuration diversity.
The northernmost Carnegie Hill positioning is structurally distinct. The corridor north of East 96th Street has historically traded at meaningful discount to the Met-frontage / dense Carnegie Hill inventory between East 80th and East 90th, reflecting both the geographic transition and the more limited cultural-institution density immediately surrounding the building. The trade-off for buyers is structural: 1158 Fifth offers unusual architectural pedigree (the Crane / Franzheim attribution and the vaulted lobby), direct Central Park views, and Fifth Avenue cooperative pedigree at pricing materially more accessible than the Museum Mile core.
For buyers, 1158 Fifth represents a particular tier of Fifth Avenue inventory: Crane / Franzheim architectural pedigree (a rare credential in New York apartment architecture), one of the city's most architecturally elegant lobbies, 58-apartment scale producing moderate annual turnover, and pricing materially more accessible than the Met-frontage Fifth Avenue tier.
Architecture and unit composition
The 58 apartments span configurations from approximately 1,800 sf 2BRs to substantially larger 3–4 BR configurations across the 15 stories. The substantial inventory produces meaningful diversity in apartment configurations and pricing points.
The vaulted, octagonal Adamesque lobby is the building's most architecturally distinctive interior space and a defining feature of the resident experience.
Pre-war signatures throughout the apartments: 10–11 foot ceilings in primary rooms, formal entry galleries, library-living room combinations, primary suites with substantial closet infrastructure, service wings characteristic of 1924-era luxury apartment design.
Park-facing apartments on the western flank command direct Central Park views across to the Park's eastern boundary and the West Side beyond. View permanence is essentially absolute given the permanent Central Park geography.
Building operations
1158 Fifth Avenue operates as a full-service pre-war cooperative with full-time doorman, attended elevator, on-site superintendent, and private storage. The 58-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 Carnegie Hill Fifth Avenue norms.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $24,527/yr
- Per unit / month range
- $0 – $35
Facade safety — Local Law 11
The latest available FISP filing classified the facade as Safe — no repairs were required at that inspection. Facade inspections run on a fixed five-year cycle; future inspection, repair, and any assessment decisions remain building-specific.
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
- 2.0% gross sales price if owned before 1/1/1990; 2.5% if owned after
- Sublet policy
- Not Allowed (Corporate Sublet Fee $500 + 30% monthly rent if applicable)
- Notable fees
- Application Processing Fee $600 ($1,000 Trust); Gym Membership Initiation $3,000; Closing Fee $800 ($850 without Broker) plus $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 26, 2026 | 11A | 3 BR · 2.5 BA · 2,250 sf | $3,910,000 | $1,738/sf | -1.0% |
| Oct 6, 2025 | PHB | 4 BR · 5 BA · 3,798 sf | $13,500,000 | $3,555/sf | +12.5% |
| Jun 6, 2022 | 9C | 3 BR · 3 BA | $3,600,000 | -5.1% | |
| Jan 11, 2022 | 4C | 3 BR · 3 BA | $3,280,000 | -2.1% | |
| Jan 4, 2022 | 14AB | 8 BR · 4.5 BA | $12,000,000 | -4.0% | |
| Dec 20, 2021 | PHA | 4 BR · 3.5 BA | $11,400,000 | -24.0% | |
| Nov 3, 2021 | 5C | 3 BR · 3 BA · 2,300 sf | $2,950,000 | $1,283/sf | -6.3% |
| Jul 2, 2019 | 4A | 3 BR · 3 BA | $3,500,000 | -22.2% |
Market read. Most recent trades (2026) cleared a median $1,678/sf across 1 sale. Median listing discount 4.0% 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.
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 1-01602-0069) 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 lobby is verifiably a differentiating asset. The Adamesque vaulted lobby is widely cited as among the most architecturally elegant in Manhattan; buyers should inspect the space and weight it as a material feature of the building, not marketing copy.
The Crane / Franzheim architectural credential is rare. Crane's body of work is concentrated in large theatrical commissions; an apartment-building credential of this scale and quality within his portfolio is unusual.
Pricing is more accessible than Museum Mile core. 1158 Fifth typically trades at materially more accessible per-square-foot pricing than the dense pre-war Fifth Avenue inventory between East 80th and East 90th.
Park views are excellent. Direct Central Park frontage with view permanence.
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 tier-one Carnegie Hill norms. Strong financial profile, professional accomplishment, primary-residence intent are central criteria.
The northern positioning has trade-offs. Walking distance to the Cooper Hewitt / Jewish Museum / Guggenheim cluster is longer than from the Museum Mile core; trade-off is structurally lower pricing and the building's lobby asset.
What to know if you’re selling
The vaulted lobby and Crane / Franzheim authorship are the differentiating marketing assets. Listing copy should foreground both — both are verifiable and rare. The lobby in particular is the kind of architectural feature that materially differentiates 1158 Fifth from peer northern Carnegie Hill inventory.
Pricing requires apartment-level comparable analysis. Floor altitude, configuration, exposure, and renovation history all matter.
Closing timelines are co-op standard. 6–10 weeks from contract signing to closing.
Comparable buildings
If you're considering 1158 Fifth Avenue, also evaluate:
- 1148 Fifth Avenue — J.E.R. Carpenter 1925; immediate neighbor south
- 1136 Fifth Avenue — George F. Pelham 1925; nearby same vintage
- 1107 Fifth Avenue — Rouse & Goldstone 1925; nearby Marjorie Merriweather Post building
- 1185 Park Avenue — Schwartz & Gross 1929; nearby Carnegie Hill peer
- 1060 Fifth Avenue — J.E.R. Carpenter 1928; nearby Carnegie Hill peer
- 1075 Park Avenue — Blum brothers 1923; nearby Carnegie Hill peer
The neighborhood
For the full corridor — architecture, schools, transit, and pricing across Fifth Avenue — read The Roebling Team Guide to Fifth Avenue.
The full playbook — what goes in the package, how boards read your financials, the interview, and the timeline — plus sample cover, reference, and personal letters you can adapt.
Considering a move at 1158 Fifth Avenue?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 1158 Fifth Avenue would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.