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988 Fifth Avenue, #6

$19,500,000 ($5,493 per ft2) | 5 beds, 4.5 baths | Approx. 3,550 ft2
Building Profile  | 
62 days on Market

Key Details

  • Listed: Oct 21, 2024
    Days on Market: 62
    Building Type: Condominium
    Neighborhood: Carnegie Hill (Manhattan)
    Doorman: FT Doorman
    Listing viewed 111 times
Monthly Common Charges: $7,380
Monthly Real Estate Taxes: $5,216
Total Taxes & Fees: $12,596 ($3.55/ft2)
Est. Monthly Mortgage: $103,578
Total Est. Monthly Carrying Cost: $116,174 ($32.73/ft2)
Note: the above is based on a down payment of 20% ($3,900,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Pet-Friendly: This is a pet-friendly building with pet services. It also features a garden for residents and their pets to enjoy.
  • Prime Location: This prestigious property is located in the Carnegie Hill neighborhood, just two blocks from the Metropolitan Museum of Art and one block from cross-town bus service. It boasts a quiet, prime location on Fifth Avenue with sidewalk landscaping and an attractive canopied entrance.
  • Modern Amenities: The apartment is fully renovated with modern amenities such as central air conditioning, new wiring, built-in speakers, and a Control4 system. It also includes a spacious eat-in kitchen with high-end appliances and a laundry area with a vented dryer.
  • Security and Convenience: The building offers a full-time doorman and live-in resident manager for added security and convenience. It also features a private elevator landing for added privacy and an attended lobby.
  • Stunning Views and Design: Designed by renowned prewar architect J.E.R. Carpenter, the apartment offers stunning views of Central Park and the Metropolitan Museum of Art. The building is a historic landmark with exquisite Italian-Renaissance-palazzo-style detailing.
  • Ample Storage: The apartment comes with ample custom closets and dedicated storage space in the basement. The building amenities also include resident storage.

Description

Exceptionally Rare Gem: Fully Renovated 3,550 SF Pre-War Condominium with Unparalleled Central Park and Metropolitan Museum of Art Views. Boasting 50 feet of Central Park frontage, soaring over 10-foot ceilings, exceptional light and finishes, this 6th floor fully renovated 5 bedroom 4 1/2 bath residence offers a beautiful vantage point of Central Park, the skyline, and the spectacular architecture and fountains of the Metropolitan Museum of Art. Designed by the esteemed prewar architect J.E.R. Carpenter and fully renovated with central air conditioning, new wiring, built-in speakers, a Control4 system, custom moldings and finishes throughout, this 6th floor apartment offers an unparalleled combination of timeless elegance and modern comfort. Enter from your private elevator landing into the grand foyer that opens to both the light filled corner Living Room and the oversized Dining Room each with a custom limestone fireplace. The foyer also leads to the powder room and the oversized eat-in kitchen with custom cerused oak and hand painted cabinetry, two large SubZero refrigerators, two dishwashers, two sinks, and Miele appliances. With custom pocket doors, the main entertaining rooms can all open into one another, bringing in light, Central Park views, and loft like expanses throughout. This allows a wonderful flow that will accommodate modern lifestyle needs yet can seamlessly transition back into classically designated spaces. The gallery leads to 4 gracious bedrooms, one of which can be converted back into a library. There is a 5th bedroom or office space and bathroom at the rear of the apartment. The apartment has a laundry area with vented dryer, ample custom closets throughout plus a dedicated storage space in the basement that transfers. Located on the beautiful corner of 80th Street and Fifth Avenue with full floor private residences, 988 Fifth Avenue is a full service condominium with a full time doorman and live-in resident manager, building storage, a bike room, and is pet friendly. There is a 2% Flip Tax Paid By Buyer.

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Apartment Amenities

  • Washer/Dryer in apt.
Listing courtesy of Compass

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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