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1220 Park Avenue 5BNew York, NY 10128

For Sale

$6,795,000

Smart Buyer Rebate $84,938

A masterpiece of classic pre-war architecture, this exceptional Carnegie Hill residence was designed by legendary architect Rosario Candela and meticulously renovated by renowned architect Alan Wanzenberg. Combining the timeless grandeur of Candela's celebrated proportions with sophisticated contemporary design and state-of-the-art technology, this remarkable home offers an extraordinary setting for both gracious entertaining and refined everyday living.A private marble landing opens to a magnificent 23-foot gallery, where original oak herringbone floors establish an immediate sense of elegance and architectural continuity. The gallery leads to an extraordinary 28-foot, southeast-facing living room, bathed in natural light from five oversized windows framing stunning views down Park Avenue and beyond. A wood-burning fireplace serves as a warm and inviting focal point, complementing the room's impressive scale and classic proportions.Designed for grand-scale entertaining, the spectacular 22-foot dining room comfortably accommodates multiple guests. A discreet butler's pantry connects the dining room to the kitchen and features dual Sub-Zero wine refrigerators with a combined capacity of 264 bottles, creating an exceptional setting for entertaining and collecting. Also in this area is a vented Miele washer and dryer, abundant storage, and a tasteful powder room that serves the entertaining spaces.The windowed eat-in kitchen is as beautiful as it is functional, appointed with custom cabinetry and wall paneling, exquisite Calacatta Gold marble countertops, Wolf double ovens, and a six-burner gas range with exterior ventilation. A 48-inch Sub-Zero refrigerator and Bosch dishwasher complete this beautifully considered culinary space.Facing south, the richly appointed library features elegant mahogany paneling and offers a sophisticated retreat for reading, working, or quiet conversation. With the flexibility to be converted into an additional bedroom, it provides a valuable dimension of versatility to the residence.The private bedroom wing is thoughtfully separated from the entertaining spaces, creating a serene sense of retreat. The south-facing primary suite is a sanctuary of comfort and refinement, featuring two walk-in closets, and a generously proportioned en-suite bathroom with a steam shower. A second south-facing bedroom offers a large walk-in closet and an en-suite windowed bathroom. Two additional bedrooms complete the wing, providing flexibility for guests or additional private living spaces.Modern comforts and advanced technology are discreetly integrated throughout, including multi-zone central heating and air conditioning with humidification, Crestron-controlled window treatments, Lutron lighting, thermally insulated windows with UV protection, an integrated alarm system, and museum-quality Nulux art lighting. A dedicated basement storage unit transfers with the sale.A rare offering that unites Rosario Candela's architectural legacy with Alan Wanzenberg's sophisticated vision, this distinguished Park Avenue residence embodies the enduring elegance of Carnegie Hill. With its exceptional proportions, extraordinary natural light, beautifully appointed interiors, and seamless balance of grand entertaining and private living, it represents a truly remarkable opportunity to own a timeless Manhattan home.

Listed by Thomas Clifton Thorn

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Douglas Elliman Real Estate

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(917) 279-6240

Listed by James D Testa

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Douglas Elliman Real Estate

Last updated October 30, 2026

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Source: REBNY #RLS20122168

RLS Data display by Prevu Real Estate LLC

Listing Facts

  • TypeCo-op
  • NeighborhoodCarnegie Hill
  • Bedrooms4
  • Bathrooms3.5
  • Days on Prevu9
  • HOA/Maint. Fees$9,430/month

Amenities

  • Private Outdoor Space
  • Concierge

Location

Mortgage Calculator

Listing History

10/22/2026
Listed by Douglas Elliman Real Estate
$6,795,000
  1. 10/22/2026$6,795,000
    Listed by Douglas Elliman Real Estate

Estimated Closing Costs

Attorney Fees
$4,000
NYC Mansion Tax
$152,887
Bank Attorney
$1,500
Other Closing Costs
$4,000
Total
$162,387

Estimated closing costs are based on the list price of $6,795,000 and a 50% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 1220 Park Avenue 5B

Association

Amenities

  • Pets Allowed: Building Yes, No
  • Concierge: Doorman Full Time, Concierge Full Time

Fees

  • Association Fee: $9,430.00 Monthly

Financial

  • Flip Tax: 3.0%
  • Flip Tax Remarks: 3% Buyer

Exterior

Construction

  • Number Of Units Total: 55
  • Stories Total: 17
  • Structure Type: High Rise
  • Year Built: 1930
  • Entry Level: 5

Features

  • Building Features: Storage
  • View: City

Financial

Taxes

  • Parcel Number: 1507-0033-01220-000-000005B

Interior

Features

  • Appliances: Washer Dryer Allowed
  • Fireplace: Yes
  • Fireplaces Total: 1

Measurements

  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 3
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 4
  • Rooms Total: 8

Other

Location

  • City Region: Manhattan
  • Subdivision Name: Carnegie Hill
  • Tax Block: 01507
  • Tax Lot: 0033

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Laundry Features: In Unit

Frequently Asked Questions

How many bedrooms and bathrooms does this co-op have?

There are 4 bedrooms and 3.5 bathrooms in this co-op at 1220 Park Avenue 5B.

How does 1220 Park Avenue 5B compare to other co-ops in Carnegie Hill?

This co-op is listed 168% above the average price for co-ops in Carnegie Hill and has been on the market for 107 less days than the typical home in this area.

1220 Park Avenue 5B is a 4-bedroom, 3.5-bath co-op for sale in New York NY 10128. On Prevu for 9 days at $6,795,000. This property is located in Carnegie Hill. The median listing price for co-ops in this area is $2,195,000. Additional amenities include private outdoor space and doorman. Browse more co-op listings in Manhattan.

RLS Data display by Prevu Real Estate LLC The Registrant acknowledges each other RLS Broker's ownership of, and the validity of their respective copyright in, the Exclusive Listings that are transmitted over the RLS. The information is being provided by RLS at REBNY Listing Service, Inc. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. 2026 RLS at REBNY Listing Service, Inc. All rights reserved. Based on information from the Real Estate Board of New York and/or other sources. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity. 2026 The Real Estate Board of New York, Inc., All rights reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.