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The Stanhope, 995 Fifth Avenue, #1I

$800,000 ($1,735 per ft2) | Studio, 1 bath | Approx. 461 ft2
Building Profile  | 
155 days on Market

Key Details

  • Listed: Jul 19, 2024
    Days on Market: 155
    Building Type: Condop
    Neighborhood: Carnegie Hill (Manhattan)
    Doorman: FT Doorman
    Listing viewed 181 times
Monthly Maintenance: $2,397 ($5.20/ft2)
Est. Monthly Mortgage: $4,249
Total Est. Monthly Carrying Cost: $6,646 ($14.42/ft2)
Note: the above is based on a down payment of 20% ($160,000), which is the minimum amount permitted by the building.

Description

995 Fifth Avenue - The Stanhope
Studio Guest Suite - 461 SqFt


Residence #1I presents a rare opportunity for current residents of The Stanhope to acquire an elegant studio guest suite. This refined space includes a full kitchenette with European appliances, an ensuite bath, and ample closet space. Additional highlights include hardwood floors and high ceilings throughout.


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 cond-op 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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About The Stanhope, 995 Fifth Avenue

81

The Stanhope, 995 Fifth Avenue has received a CityRealty Rating of 81, 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
+
27
Out of 36
+
18
Out of 39
+
10
=
81
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:
Well Done 1 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:
Enclosed 1 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:
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 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:
3-4 3 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:
Considerable 2 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 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:
None 0 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: 2007
  • Concierge
  • FT Doorman
  • High-Rise
  • Pre War
  • Central AC
  • Health Club
  • Intercom
  • Elevator
  • Fitness Center
  • In-Unit Washer/Dryer
  • Bike Room
  • Live-In Superintendent

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Pros
  • Pre-war building designed by Rosario Candela
  • Sidewalk landscaping
  • Doorman
  • Canopied entrance
  • Concierge
  • Few apartments
  • Across from Metropolitan Museum of Art
  • Great views of Central Park
  • Fitness center
Cons
  • Considerable traffic
  • No roof deck
  • No balconies
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Subways

  1. 6
at Lexington Ave 0.33 miles
  1. 4
  2. 5
at Lexington Ave 0.38 miles

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