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988 Fifth Avenue, #12

$16,750,000 ($4,786 per ft2) | 4 beds, 3 baths | Approx. 3,500 ft2
View Full Building Profile  | 
36 days on Market

Key Details

  • Listed: May 22, 2024
    Days on Market: 36
    Building Type: Condominium
    Neighborhood: Carnegie Hill (Manhattan)
    Doorman: FT Doorman
    Listing viewed 112 times
Monthly Common Charges: $7,380
Monthly Real Estate Taxes: $5,118
Total Taxes & Fees: $12,498 ($3.57/ft2)
Est. Monthly Mortgage: $89,601
Total Est. Monthly Carrying Cost: $102,099 ($29.17/ft2)
Note: the above is based on a down payment of 20% ($3,350,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Prime Location: This full-floor apartment is located in the prestigious Carnegie Hill neighborhood, directly across from the Metropolitan Museum of Art and just one block from cross-town bus service. It offers stunning views of Central Park and the Manhattan skyline.
  • Spacious and Luxurious: With approximately 3,500 square feet of space, this apartment features a spacious living room, library, and dining room, three bedrooms with ensuite baths, high 12-foot ceilings, oversized windows, and a wood-burning fireplace.
  • Private and Exclusive: The apartment comes with a private elevator landing and foyer, and is one of only 14 apartments in the building, ensuring privacy and exclusivity.
  • Building Features: The building, designed by renowned architect James E.R. Carpenter, features Italian-Renaissance-palazzo-style detailing, a garden, an elevator, sidewalk landscaping, and an attractive canopied entrance.
  • Full Service: The building offers a full-time door person and a live-in Resident Manager, ensuring all your needs are taken care of.
  • Additional Amenities: The apartment includes a basement storage cage and pets are welcome.

Description

For those desiring iconic Central Park and Manhattan skyline views with beautiful natural light, this home is unequalled. With approximately 50-foot of Fifth Avenue frontage, this stunning and impressive full floor approx. 3,500 square foot prewar residence boasts commanding open views of Central Park and the Manhattan skyline; the picturesque views are truly unsurpassed.

988 Fifth Avenue is located at the corner of Fifth Avenue and 80th Street across from the Metropolitan Museum of Art in Manhattan. 988 Fifth Avenue is one of only two pre-war condominium buildings on Fifth Avenue along the Gold Coast of the Upper East Side.

From a private elevator landing, enter the apartment via a foyer, off which an enormous living room and library have sweeping park and museum views. Along an impressive gallery leads to three bedrooms with ensuite baths.

The dining room and spacious kitchen provide for elegant entertaining. 12-foot ceilings, oversized windows and a wood burning fireplaces complete the glorious picture.

988 Fifth Avenue was designed in 1925 by James E.R. Carpenter, one of the eras leading architects of luxury residential high-rise buildings. The condominium entrance is discretely located on quiet East 80th Street, one of the most beautiful mansion-lined blocks in the Upper East Side Historic District.

There is a full-time door person, live-in Resident Manager, and the apartment includes a basement storage cage. Pets are welcome. With only thirteen apartments, residents enjoy the highest level of service, privacy and security.

Bring your architect/contractor.

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Listing courtesy of Douglas Elliman Real Estate

Pricing History

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About 988 Fifth Avenue

89

988 Fifth Avenue has received a CityRealty Rating of 89, 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

26
Out of 44
+
31
Out of 36
+
22
Out of 39
+
10
=
89
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Very Distinguished 7 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
Yes and Good 2 out of 3 points
Skyline:
Highly Visible 2 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Exposed 0 out of 2 points
Airconditioners:
Not Allowed 2 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:
No Consistency 0 out of 1 points
Landmark:
Part of Historic District 1 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 10 blocks 5 out of 5 points
Views:
Dazzling 4 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Some 2 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:
Less than 3 Short Blocks 2 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:
Stunning 5 out of 5 points
Units Per Floor:
1 5 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Considerable 2 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:
None 0 out of 1 points
Maids Room:
Some 1 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 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:
Yes 1 out of 1 points
Other Amenities:
Many 2 out of 2 points

Building Amenities

  • Conversion Year: 1981
  • FT Doorman
  • High-Rise
  • Pre War
  • Garden
  • Elevator

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Pros
  • Very few apartments
  • fireplaces
  • Attractive canopied entrance and sidewalk landscaping
  • Two blocks south of entrance to the Metropolitan Museum of Art
  • One block from cross-town bus service
  • Doorman
  • Prime- quiet location on Fifth Avenue
  • Superb Italian-Renaissance-palazzo-style detailing
  • Spectacular views of Central Park
Cons
  • No health club
  • Parades
  • No garage
  • No sundeck
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Subways

  1. 6
at Lexington Ave 0.31 miles
  1. 4
  2. 5
at Lexington Ave 0.42 miles

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