1016 Properties Inc

1016 Properties Inc is a Co-op located 1016 5th Avenue, in Upper East Side, New York. The building was first built in 1927 and is 97 years old. The lot that the building was built on is 77 feet wide and 183 feet long. The official lot area is listed as 13,999 square feet. The building itself is 77 feet wide and 172 feet long. In total, 1016 5th Avenue has a total floor area of 166,600 square feet. Of that, 164,350 square feet are used for residential purposes. About 2,250 square feet of the building are used for commercial purposes. There are a total of 60 units. Of those, 55 are residential units. There are five commercial units. 1016 5th Avenue has a total of 15 floors. Thankfully, the building is equipped with elevator service. Residents can access the two elevators in 1016 5th Avenue.

Interested in learning more about the building? There are many great amenities and features for residents in the building. You can expect to be greeted by a doorman on a daily basis. The same doorman will make sure that your packages are delivered properly and secure! For your convenience, laundry is located in the building. Better yet, washer and dryers are allowed in each unit. For those who love to work out, there is a fitness center. Residents who own pets will be happy to hear that the building is pet-friendly. Both dogs and cats are allowed in the building! There are 53 closings on record, of which we have matching data for 19 listings. In the past 3 years, a listing in this building will typically remain on the market for about 190 days Meaning, listings tend to sell at a median of $2,390 price per square foot. The transaction that took the longest to complete was unit 7B, listed on Apr 04, 2017 for $5,495,000. This particular unit ultimately sold 357 days later for $5,000,000. The most recent transaction was for unit 5B, which was first advertised on Mar 10, 2023, sold for $4,200,000 on Dec 07, 2023. Fun fact, the oldest transaction we have on record took place on Aug 15, 1969. See the full transaction history for 1016 Properties Inc below.

Upper East Side, where 1016 5th Avenue is located, has a median asking price of $950,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $4,300,000. For interested buyers, that means the building's median asking price is around 3.53% above the neighborhood's median asking price for co-ops. A buyer may therefore end up paying more for a unit in this building compared to other co-op buildings in the neighborhood.

There are currently 3 active listings for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. Currently, the most expensive asking price for all of the active units in the building is $29,500,000. It is a 8,000 sqft 6 bedroom and 8 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $2,295,000. It is a 2 bedroom and 2 bathroom unit. A breakdown of active listings shows 1 two-bedroom, and 1 four-bedroom plus units for sale! The median price of all the active units for sale in the building is $17,750,000. Collectively, the median square footage of these active units for sale is 5,525 sqft. Active units for sale at 1016 5th Avenue are mostly 4-bedroom apartments Active units for sale at 1016 5th Avenue have a median count of 4 bedrooms and have a median count of 7 bathrooms.