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980 Fifth Avenue, #8B

$4,250,000 | 4 beds, 4 baths
Building Profile  | 
514 days on Market

Key Details

  • Listed: Jun 26, 2023
    Last Price Change: ($400,000) on Apr 25
    Days on Market: 514
    Building Type: Cooperative
    Neighborhood: Carnegie Hill (Manhattan)
    Doorman: FT Doorman
    Listing viewed 567 times
Monthly Maintenance: $8,521
Est. Monthly Mortgage: $22,552
Total Est. Monthly Carrying Cost: $31,073
Note: the above is based on a down payment of 20% ($850,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Luxury Amenities: The building offers full-time doorman and concierge service, an on-site garage with discounted rates for residents, and a newly completed rooftop observatory deck with stunning views.
  • High-End Interiors: The expansive living and dining space boasts southern exposure, while the primary bedroom features a wall of picture windows and a spa-like bathroom. The eat-in kitchen is equipped with top-of-the-line appliances.
  • Prime Location: This spacious 4-bedroom, 4-bathroom apartment is located in the prestigious Carnegie Hill neighborhood, within close proximity to the Metropolitan Museum of Art, Central Park, and world-class shopping and restaurants on Madison Avenue.
  • Convenience and Comfort: The apartment includes a separate laundry room, ample storage throughout, central AC, and a 4-stage air purification system for ultimate comfort and convenience.
  • Building Services: This full-service building provides resident storage and an elevator, with pets permitted subject to board approval.
  • Flexible Ownership: Pied-a-terre ownership and 50% financing are allowed, making this an ideal investment opportunity or second home.

Description

Attention art lovers – imagine living inside your own luminous masterpiece! This chic 5th Avenue coop, just 2 blocks from the Metropolitan Museum of Art offers 36ft of open living and dining space large enough to accommodate several entertaining areas and a bright gallery-like atmosphere that will make you want to celebrate the spectacular art and architecture all around you. The expansive southern exposure highlights views of Central Park, the Ukrainian Institute and the exquisite mansions on this historic stretch of 79th Street. The south facing primary bedroom enjoys a wall of picture windows overlooking the landmarked mansions across the way as well as a side view of the Park.

2 large walk-in closets and a spa-like bathroom features a double vanity, soaking tub and separate shower. The second and third bedrooms share their own hallway and bathroom and have beautifully finished double closets. The 4th bedroom is en-suite, with a floor to ceiling window and could double as an office, cozy media room or work out space. The spacious eat-in kitchen equipped with top-of-the-line appliances (Miele, Gaggenau and Dacor) is a chef’s dream come true.

The perfect kitchens are always the heart of the home and draw everyone together for cooking, conversation, homework or a glass of wine. Other features include a powder room off the entry foyer, laundry room, oak wood floors and plenty of storage throughout. Excellent layout separating the public rooms and private rooms. Central AC and a 4-stage air purification system circulates fresh air through air handlers on the roof. This advanced system ensures 24/7 temperature and humidity control throughout the unit and the building.

The on-site garage extends deeply discounted rates of $250/$400 per month for up to two cars per shareholder – a true rarity in today’s market. A handsome porte-cochere graces the entrance to the renovated lobby. Twin elevators lead to semi-private landings on each floor.

The newly completed rooftop observatory deck affords breathtaking bird’s eye views of Central Park, the entirety of The Met as well as the Reservoir and the iconic Manhattan skyline. The building is superbly staffed with a full-time doorman, concierge and live-in resident manager. Private storage transfers with the apt. Pets permitted with board approval.

2.5% flip tax. Pied-a-terre ownership and 50% financing are allowed. Not to be missed, please contact us for an appointment.

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Apartment Amenities

  • Northern Exposures
Listing courtesy of Sothebys International Realty

Pricing History

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About 980 Fifth Avenue

85

980 Fifth Avenue has received a CityRealty Rating of 85, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

28
Out of 44
+
27
Out of 36
+
20
Out of 39
+
10
=
85
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Distinguished 6 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
Dramatic 3 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
Very Attractive 3 out of 3 points
Contextual Design:
No and Bad 0 out of 3 points
Skyline:
Highly Visible 2 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Discrete 1 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
Attractive 2 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Outstanding 5 out of 5 points
Distance To Neighborhood Center:
Less than 30 blocks 3 out of 5 points
Views:
Dazzling 4 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Considerable 1 out of 3 points
Protected Views:
Many 2 out of 2 points
Distance To Subway:
More than 5 Short Blocks 0 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
3-5 Short Blocks 1 out of 2 points
Distance To Park:
Less Than 3 Short Blocks 2 out of 2 points
Distance To Water:
More than 6 Short Blocks 0 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Spacious 4 out of 5 points
Units Per Floor:
2 4 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
Yes 1 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Minimal 1 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
Some 1 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
Yes 1 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
Yes 1 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
Yes 1 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
No 0 out of 1 points
Other Amenities:
Many 2 out of 2 points

Building Amenities

  • Concierge
  • FT Doorman
  • Post War
  • Resident Storage
  • Full Service Garage
  • Washer/Dryer in building
  • Elevator
  • Porte-Cochère / Driveway

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Pros
  • Spectacular views both to the east and the south
  • Large landscaped plaza
  • Close to the Metropolitan Museum of Art
  • Adjacent to crosstown bus stops
  • Doorman
  • Concierge
  • Large picture windows
  • Close to Subway
Cons
  • Considerable traffic at major intersection
  • No sundeck
  • No health club
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Subways

  1. 6
at Lexington Ave 0.29 miles
  1. 4
  2. 5
at Lexington Ave 0.43 miles

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