1050 5 AVENUE · #PHB

A Rare Fifth Avenue Penthouse with Iconic Central Park Views. Perfectly perched, Penthouse B at 1050 Fifth Avenue is a truly exceptional residence offering sweeping and expansive views of Central Park from the great room and both bedrooms. This beautifully proportioned Penthouse features a desirable winged two-bedroom layout with two and a half baths, combining privacy with effortless entertaining including a formal dining room and kitchen showcasing beautiful light and open Eastern exposures. Previously the home of Marion Labau Dickerman, Great Grandchild of Cornelius Vanderbilt this is only the second time in 70 years this apartment has come to market. The gracious great room opens directly onto Central Park just past the wrap terrace. This is a rarely experienced, breathtaking perspective framed by a bowed 14 foot window revealing spectacular views including the skyline from the Empire State Building to the George Washington Bridge and beyond. In the foreground of your view, you can either draw inspiration and peace by focusing on the fountain of the Jacqueline Kennedy Onassis Reservoir, or an evening sunset giving way to the warm glow of the luminescent Temple of Dendur and Manhattan skyline to soothe and invite you to reflect on another day spent in the most dynamic city in the world. The renovated kitchen blends function and style with Wolf and Sub-Zero appliances. Thoughtfully designed for both daily living and entertaining with an open plan as well as the ability to utilize a butler’s door for more formal dining. The primary suite is a remarkable 25 feet long with its own private terrace access. It also features a newly imagined and luxuriously appointed en-suite bathroom with adjoining closet and dressing area facing East with private open views of warm sunrises and morning light. The corner second bedroom boasts extraordinary park views from double exposures both South and West, creating a serene retreat high above the city with its own access to the terrace as well as an en-suite bathroom. A standout feature of this home is the expansive, private wrap-around terrace, offering an unparalleled indoor-outdoor lifestyle - perfect for al fresco dining, lounging, or simply taking in the skyline and greenery below. This is truly Fifth Avenue Penthouse living at its finest in the heart of Museum Mile between the Met and the Guggenheim. Located on Fifth Avenue, directly across from Central Park, 1050 Fifth Avenue boasts one of Manhattan’s most coveted addresses. Residents are moments from the park’s running paths, cultural institutions, and green spaces, while also enjoying close proximity to world-class museums, fine dining, shopping, and convenient transportation. This prime Upper East Side location blends classic elegance with everyday accessibility. 1050 Fifth offers a full suite of amenities designed for comfort, convenience, and effortless city living. The building features white glove service and an on-site resident manager. Residents also enjoy access to a fully equipped fitness center, common storage, bike room, central laundry facilities and on-site parking garage. The building is pet-friendly and allows up to 50% financing. Pied-a-terre’s are permitted on a case by case basis. There is a monthly assessment of $1,303.40 ending December 2026 and a one percent flip tax paid by purchaser.

1. in contractJun 18, 2026

   $7.47M0.0%
   In contract
2. price decreaseMay 19, 2026

   $7.47M-8.3%
   Price decreased 8%
3. price decreaseApr 28, 2026

   $8.15M-8.9%
   Price decreased 9%
4. price decreaseMar 30, 2026

   $8.95M-10.4%
   Price decreased 10%
5. listedFeb 4, 2026

   $9.98M
   Listed by Sotheby's International Realty