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988 Fifth Avenue, #4

$22,000,000 | 3 beds, 5.5 baths
Building Profile  | 
60 days on Market

Key Details

  • Listed: Oct 23, 2024
    Days on Market: 60
    Building Type: Condominium
    Neighborhood: Carnegie Hill (Manhattan)
    Doorman: FT Doorman
    Listing viewed 738 times
Monthly Common Charges: $7,380
Monthly Real Estate Taxes: $4,583
Total Taxes & Fees: $11,963
Est. Monthly Mortgage: $116,857
Total Est. Monthly Carrying Cost: $128,820
Note: the above is based on a down payment of 20% ($4,400,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Full Floor Residence: Experience unparalleled privacy in this rare full floor condo, offering expansive living space and stunning Central Park views.
  • Elegant Pre-War Design: Designed by renowned architect J.E.R. Carpenter, this residence seamlessly blends old-world grandeur with modern conveniences.
  • Grand Entertaining Spaces: The formal living room and dining room, both facing Central Park, are perfect for hosting lavish gatherings and enjoying breathtaking vistas.
  • Luxurious Primary Suite: The corner primary bedroom features a wood-burning fireplace, dual bathrooms, and ample closet space, ensuring a serene retreat.
  • High-End Kitchen Amenities: The spacious chef's kitchen includes a breakfast area and butler's pantry, ideal for culinary enthusiasts and entertaining guests.
  • Exclusive Building Features: With only 12 owners, this white-glove, pet-friendly condominium offers exceptional service and a prestigious living experience.

Description

Elegant and rare full floor Pre-war Condo overlooking Central Park. Built in 1925 by one of the foremost grand architects of the prewar era, J.E.R Carpenter, this corner 4 bedroom, 5 and one-half bath residence has about fifty feet Central Park frontage, and seamlessly combines old world grandeur with all of today’s modern-day conveniences.

The private elevator vestibule opens to a spacious gallery opening onto all of the entertaining rooms. The grand formal living room faces Central Park and the famed Metropolitan Museum fountains to the North.

This spacious front living room has a fine wood-burning fireplace and opens to a cozy English pine paneled library to the east. Adjacent to the living room is a large formal dining room also facing Central Park, and perfectly suited for entertaining of any size. Off the dining room is a spacious Chef’s kitchen with breakfast area and spacious butler’s pantry.

Through the pantry one can access a home office, and a guest room with full bath, as well as laundry. A beautifully appointed guest bath is also located off the gallery.

A corridor off the north end of the foyer leads to three bedrooms, affording maximum privacy. The corner, primary bedroom suite is located at the easternmost end, and also has a wood burning fireplace, two bathrooms and generous closet space throughout.

The two additional bedrooms have en-suite baths, walk-in closets and lovely views over the tree-lined street. 988 is a white glove, pet friendly, condominium located in the epicenter of the Upper East Side. Each condominium is full floor, only 12 owners in the building, affording excellent service to every resident.

Each apartment has a designated storage bin which transfers.

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Listing courtesy of Corcoran Group

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
  • Attended Lobby
  • FT Doorman
  • High-Rise
  • Pre War
  • Resident Storage
  • Garden
  • Elevator
  • Landmarked
  • Live-In Superintendent
  • Pet Services
  • Historic District

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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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