The Stanhope, 995 Fifth Avenue, #16
$24,250,000
($2,901 per ft2)
| 8 beds, 9.5 baths | Approx. 8,360 ft2
157 days on Market
Key Details
-
Listed: Jul 17, 2024Days on Market: 157Building Type: CondopNeighborhood: Carnegie Hill (Manhattan)Doorman: FT DoormanListing viewed 414 times
Monthly Maintenance:
$44,818
($5.36/ft2)
Est. Monthly Mortgage:
$128,808
Mortgage calculator
Total Est. Monthly Carrying Cost:
$173,626
($20.77/ft2)
Note: the above is based on a down payment of 20% ($4,850,000),
which is the minimum amount permitted by the building.
Insider Highlights
- Expansive Living Space: Sprawling 8,360 sqft residence with 10-foot ceilings, offering a grand atmosphere for entertaining.
- Luxurious Primary Suite: Private retreat featuring dual marble-clad spa baths, a wood-burning fireplace, and stunning southern views.
- Gourmet Chef's Kitchen: Custom-designed by Smallbone of Devizes, equipped with top-of-the-line appliances and ample storage.
- Impressive Views: Breathtaking panoramic views of Central Park, The MET, and the city skyline from multiple vantage points.
- Exclusive Amenities: Access to a fully equipped gym, spa facilities, and a billiards room, enhancing the luxury living experience.
- Private Elevator Access: Direct access to the residence via a private elevator, ensuring privacy and exclusivity.
Description
995 Fifth Avenue - The Stanhope
Rare Opportunity
Designed by Rosario Candela
9 Bedrooms / 9.5 Baths / 8,360 sqft
Over 70 linear feet on Fifth Avenue & Central Park with 10ft Ceilings
Featuring some of the tallest ceilings in the building, measuring almost 10 feet in the main entertaining spaces. The landlease at The Stanhope extends until 2154 with no increases until 2041. Monthly costs encompass taxes, land leases, and common charges, presenting an exceptional opportunity in Manhattan’s most sought-after locations and buildings.
A large staff suite apartment (Residence #1I) is available for separate sale.
Originally the grand ballroom of The Stanhope, the 16th floor encompasses over 8,360 square feet and showcases impressive 10-foot ceilings adorned with a striking coffered design, distinguishing it as the tallest residence below the penthouse level. Flooded with natural light and featuring black-stained oak wood and black antique stone tile flooring, the interior exudes warmth and sophistication, with sweeping picturesque and panoramic views of Central Park, The MET, and the city skyline.
Residence 16 can accommodate up to 9 Bedrooms and features 9 full baths, a powder room, and a specialty laundry room.
Custom-designed by JANGEORGe Interiors, this full floor is accessed via a private elevator and opens to a spacious 42-foot great room, expansive corner dining area, and dean, perfect for entertaining with ample space to showcase art throughout.
The chef’s kitchen by Smallbone of Devizes is a culinary masterpiece, complete with top-of-the-line appliances, ample storage, and a central island perfect for casual dining. The primary suite serves as a private retreat with southern views, a wood-burning fireplace, dual marble-clad spa baths, an office, and ample dressing areas.
Additional bedroom suites with luxurious baths offer flexibility for various needs, whether for guests or a home office.
Experience the pinnacle of luxury living at 995 Fifth Avenue, where every detail reflects sophistication and the promise of a refined urban lifestyle.
Some images have been virtually staged.
The Stanhope - 995 Fifth Avenue
Originally designed in 1926 by the renowned architect Rosario Candela as The Stanhope Hotel, 995 Fifth Avenue is a magnificent example of Georgian architecture, it has undergone a meticulous transformation into 26 exclusive residences that seamlessly blend classic architectural features with modern amenities. This boutique condop offers a luxurious lifestyle complete with a 24-hour doorman and concierge, fully equipped gym and spa facilities, and a backup generator ensuring uninterrupted power supply.
Nestled at the prestigious corner of Fifth Avenue and East 81st Street, directly facing Central Park and the Metropolitan Museum of Art, the building provides unparalleled access to some of Manhattan’s iconic locations.
Ownership is permitted through an LLC or Trust, and the building has a 2% flip tax payable by the purchaser.
Operating as a Condop (a co-op with condominium bylaws), the residence offers unparalleled flexibility, allowing ownership by pieds-à-terre.
Residents enjoy additional amenities, including a health club with treatment rooms, bicycle storage, and stroller storage. The building is managed by a resident manager and offers concierge services along with a 24-hour attended doorman. Residents also have access to a billiards room and a private La Palestra health and fitness spa spanning approximately 2,500 square feet, enhancing the luxurious living experience at 995 Fifth Avenue.
Rare Opportunity
Designed by Rosario Candela
9 Bedrooms / 9.5 Baths / 8,360 sqft
Over 70 linear feet on Fifth Avenue & Central Park with 10ft Ceilings
Featuring some of the tallest ceilings in the building, measuring almost 10 feet in the main entertaining spaces. The landlease at The Stanhope extends until 2154 with no increases until 2041. Monthly costs encompass taxes, land leases, and common charges, presenting an exceptional opportunity in Manhattan’s most sought-after locations and buildings.
A large staff suite apartment (Residence #1I) is available for separate sale.
Originally the grand ballroom of The Stanhope, the 16th floor encompasses over 8,360 square feet and showcases impressive 10-foot ceilings adorned with a striking coffered design, distinguishing it as the tallest residence below the penthouse level. Flooded with natural light and featuring black-stained oak wood and black antique stone tile flooring, the interior exudes warmth and sophistication, with sweeping picturesque and panoramic views of Central Park, The MET, and the city skyline.
Residence 16 can accommodate up to 9 Bedrooms and features 9 full baths, a powder room, and a specialty laundry room.
Custom-designed by JANGEORGe Interiors, this full floor is accessed via a private elevator and opens to a spacious 42-foot great room, expansive corner dining area, and dean, perfect for entertaining with ample space to showcase art throughout.
The chef’s kitchen by Smallbone of Devizes is a culinary masterpiece, complete with top-of-the-line appliances, ample storage, and a central island perfect for casual dining. The primary suite serves as a private retreat with southern views, a wood-burning fireplace, dual marble-clad spa baths, an office, and ample dressing areas.
Additional bedroom suites with luxurious baths offer flexibility for various needs, whether for guests or a home office.
Experience the pinnacle of luxury living at 995 Fifth Avenue, where every detail reflects sophistication and the promise of a refined urban lifestyle.
Some images have been virtually staged.
The Stanhope - 995 Fifth Avenue
Originally designed in 1926 by the renowned architect Rosario Candela as The Stanhope Hotel, 995 Fifth Avenue is a magnificent example of Georgian architecture, it has undergone a meticulous transformation into 26 exclusive residences that seamlessly blend classic architectural features with modern amenities. This boutique condop offers a luxurious lifestyle complete with a 24-hour doorman and concierge, fully equipped gym and spa facilities, and a backup generator ensuring uninterrupted power supply.
Nestled at the prestigious corner of Fifth Avenue and East 81st Street, directly facing Central Park and the Metropolitan Museum of Art, the building provides unparalleled access to some of Manhattan’s iconic locations.
Ownership is permitted through an LLC or Trust, and the building has a 2% flip tax payable by the purchaser.
Operating as a Condop (a co-op with condominium bylaws), the residence offers unparalleled flexibility, allowing ownership by pieds-à-terre.
Residents enjoy additional amenities, including a health club with treatment rooms, bicycle storage, and stroller storage. The building is managed by a resident manager and offers concierge services along with a 24-hour attended doorman. Residents also have access to a billiards room and a private La Palestra health and fitness spa spanning approximately 2,500 square feet, enhancing the luxurious living experience at 995 Fifth Avenue.
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Listing courtesy of
Corcoran Group
Pricing History
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