Perfectly located on Fifth Avenue and 83rd Street, this elegant residence benefits from an ideal location, grandly scaled rooms and a flexible floorplan with space enough to create a three Bedroom home. Enter from a semi-private elevator landing to a welcoming, central Gallery. An impressive Living Room, anchored by a wood-burning fireplace, accommodates multiple seating areas and faces North over the tree-lined Street. The large, corner Dining Room, with gorgeous Southern exposures, can host both formal meals as well as festive, more casual gatherings. The cheery Kitchen and adjacent Breakfast Room showcase open Southern views of the iconic city skyline and are bathed in glorious, natural sunlight. The private quarters include an expansive Primary Bedroom with exposures to the North and East, a windowed en-suite Bath and generous closet space. The secondary Bedroom, currently being used as a Library, is well sized and has a huge walk-in closet. A second full Bath is situated down the Bedroom Hallway and can double as a Powder Room. Throughout, this well-maintained home are high ceilings, wood floors, oversized windows, decorative moldings, original details and an abundance of storage and closet space. 1016 Fifth Avenue is a white-glove, prewar cooperative directly across the street from the Metropolitan Museum of Art and Central Park. Residents enjoy an array of amenities, including a 24-hour door attendant, a live-in resident manager, a stunning marble-clad lobby, a gym and storage space. Pied a terres are allowed and the building is pet friendly. There is a 3% flip tax paid by the buyer and an assessment of $15,664 payable in the second half of 2023.