- Year built
- 1925
- Type
- Cooperative
- Units
- 28
- Floors
- 14
- Landmark
- Designated
- Subletting
- Restrictive (typical of tier-one Fifth Avenue cooperatives)
Every recorded sale at this building, 1997–2025
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 3BR median
- $2.8M
- Recent range
- $2.7M – $3.9M
- Listing discount
- 8.3%
- Recorded transfers
- 40
1165 Fifth Avenue occupies the absolute northern anchor of the residential Fifth Avenue cooperative corridor. The 1925 J.E.R. Carpenter commission sits between East 97th and East 98th Street — north of East 96th Street, which historically marks the dividing line between the residential Upper East Side cooperative corridor and the more transitional character beyond. The geographic positioning is structurally distinctive: 1165 Fifth is among the few Fifth Avenue luxury cooperatives north of this boundary, paired with 1158 Fifth (Schwartz & Gross 1924) immediately south on the same block.
The Carpenter Fifth Avenue portfolio — the largest single-firm body of work on the corridor — produced the apartment-design vocabulary that defined "pre-war Fifth Avenue luxury." 1165 Fifth represents the firm's northernmost commission on the corridor and reflects the construction-quality peak of his 1925 work.
The 28-apartment scale places 1165 Fifth among the mid-tighter Carpenter Fifth Avenue cooperatives — moderate institutional density and limited annual turnover. The building's residential roster across the decades has tracked the broader Carnegie Hill pattern at the corridor's northern edge.
The northernmost Fifth Avenue positioning produces particular pricing dynamics. 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. The trade-off for buyers is structural: 1165 Fifth offers Carpenter architectural pedigree, direct Central Park views, and Fifth Avenue cooperative pedigree at pricing materially more accessible than the Museum Mile core.
For buyers, 1165 Fifth represents a particular tier of Fifth Avenue inventory: Carpenter architectural pedigree, 28-apartment scale producing limited annual turnover, the northernmost residential Fifth Avenue positioning at the corridor's boundary, and pricing materially more accessible than the Museum Mile / Met-frontage tier.
Architecture and unit composition
The 28 apartments span configurations from approximately 2,000 sf 2BRs to substantially larger 3–4 BR configurations across the 14 stories. The building's most architecturally distinctive apartments are the upper-floor configurations with longer Central Park view envelopes.
Carpenter's pre-war signatures throughout: 10–11 foot ceilings in primary rooms, formal entry galleries, library-living room combinations, primary suites with substantial closet infrastructure, service wings characteristic of 1925-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
1165 Fifth Avenue operates as a full-service pre-war cooperative with full-time doorman, attended elevator, on-site superintendent, and private storage. The 28-apartment scale produces a moderate institutional density characteristic of pre-war Fifth Avenue cooperative inventory.
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
- $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 →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 |
|---|---|---|---|---|---|
| Jul 1, 2025 | 2/3D | 4 BR · 3 BA · 2,200 sf | $1,999,750 | $909/sf | -24.5% |
| Apr 10, 2025 | 8A | 3 BR · 2.5 BA · 2,248 sf | $3,875,000 | $1,724/sf | -3.0% |
| Feb 12, 2025 | 4A | 3 BR · 3 BA | $2,700,000 | -3.4% | |
| Aug 27, 2024 | 10C | 4 BR · 3 BA | $3,415,000 | -8.9% | |
| Oct 13, 2023 | 2C | 3 BR · 2.5 BA | $2,750,000 | -8.3% | |
| Aug 29, 2023 | 14/15C | 5 BR · 5 BA · 4,000 sf | $6,200,000 | $1,550/sf | -3.0% |
| Jun 17, 2022 | 3C | 3 BR · 3 BA · 2,200 sf | $3,200,000 | $1,455/sf | -1.5% |
| Mar 16, 2022 | 8B | 4 BR · 3 BA | $4,250,000 | +6.3% |
Market read. Most recent trades (2025) cleared a median $1,724/sf across 2 sales. Median listing discount 3.4% 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 |
|---|---|---|
| Feb 7, 2025 | 8C | $3,150,000 |
| Jan 18, 2022 | 10/11D | $3,850,000 |
| Jun 28, 2018 | 4B | $4,600,000 |
| Apr 25, 2011 | MR2C | $550,000 |
| Feb 23, 2010 | 1C | $1,204,087 |
| May 7, 2008 | 5A | $3,300,000 |
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 1-01603-0001) 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
Pricing is more accessible than Museum Mile core. 1165 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.
The Carpenter architectural pedigree is real. Buyers attentive to architectural detail find Carpenter's authorship at the firm's peak 1925 vintage differentiating.
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 the contract review process.
Board approval follows tier-one Carnegie Hill norms. Strong financial profile, professional accomplishment, primary-residence intent are central criteria.
The northernmost positioning has trade-offs. Walking distance to the Cooper Hewitt / Jewish Museum / Guggenheim cluster is meaningfully longer than from the Museum Mile core.
What to know if you’re selling
Pricing requires apartment-level comparable analysis. Floor altitude, configuration, exposure, and renovation history all matter.
The Carpenter architectural pedigree is a marketing asset. Listing copy should reference Carpenter's broader Fifth Avenue portfolio.
Closing timelines are co-op standard. 6–10 weeks from contract signing to closing.
Comparable buildings
If you're considering 1165 Fifth Avenue, also evaluate:
- 1158 Fifth Avenue — Schwartz & Gross 1924; immediate neighbor south
- 1148 Fifth Avenue — J.E.R. Carpenter 1925; same firm, same vintage
- 1136 Fifth Avenue — J.E.R. Carpenter 1925; same firm, same vintage
- 1107 Fifth Avenue — Rouse & Goldstone 1925; nearby Marjorie Merriweather Post building
- 1175 Park Avenue — Schwartz & Gross 1925; nearby Carnegie Hill peer
- 1185 Park Avenue — Schwartz & Gross 1929; nearby Carnegie Hill peer
The Roebling Team at 1165 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 Carnegie Hill 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 1165 Fifth, a 30-minute consultation is the right starting point.
Get the full picture on this building.
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