1 year on rocket

988 5th Ave Unit 4, New York City, NY, 10075

$22,000,000

3 Bedrooms
5 Full Baths, 1 Partial
Condo

Location

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Property Highlights

Home TypeCondominium
Year Built1925
FireplaceOther
ViewPark
MLS #RPLU-33422320592
StatusActive

About 988 5th Ave Unit 4

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.<br> <br> 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.<br> <br> 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.

Property Details

Property Features

Property Information:

  • Year Built: 1925

Listing Office:

  • Office Name: Corcoran Group
  • Office Phone: (212) 355-3550
  • Listing Agent: Leighton Candler
  • Agent Phone: (917) 868-9754

Interior Features

Interior Information:

  • Basement: No
  • Interior: Separate/Formal Dining Room
  • Fireplace: Other

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 5
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Park
  • Exterior: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $22,000,000

HOA Fees:

  • Amount: $7380
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in New York, NY.

Med. Sold Price

$850.1K

Med. Price/SqFt

$667

Avg. Days On Market

85

# of Sold Homes

1747

988 5th Ave Unit 4 vs New York

659 DAYS ON ROCKET

+574 Days

$22,000,000

+$21.1M More

KEY TAKEAWAY

This property is $21.1M more than the Median Sold Price in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #RPLU-33422320592

Listing Office:

  • Office Name: Corcoran Group
  • Office Phone: (212) 355-3550
  • Listing Agent: Leighton Candler
  • Agent Phone: (917) 868-9754

IDX ©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.

Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.

This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 12/18/2024, 9:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$117.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$66K

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-97268
9
/10
  • P.S. 6 Lillie D. Blake School

  • 45 E 81st St Frnt 1

  • 0.13 miles

  • Public District Grades KG-5

school-card-donut-97269
9
/10
  • P.S. 290 Manhattan New School

  • 311 E 82nd St

  • 0.56 miles

  • Public District Grades KG-5

school-card-donut-97270
8
/10
  • P.S. 9 Sarah Anderson School

  • 100 W 84th St

  • 0.78 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $220,146. Residents of New York, NY typically earn $200k+ each year. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 988 5th Ave Unit 4

What is the listing price of this property?

The listing price of 988 5th Ave Unit 4 property is $22,000,000.

What type of property is this?

The property 988 5th Ave Unit 4 is a condo located in New York City, New York, 10075.

Is this property for sale now?

Active Listing: 988 5th Ave Unit 4 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 988 5th Ave Unit 4 has 3 bedrooms and 5 full and 1 half bathrooms.

What is the square footage of this property?

The sq. ft. of 988 5th Ave Unit 4 is not available (source: MLS/tax record).

Which year was this property built?

The year of construction for 988 5th Ave Unit 4 is 1925.
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Rocket HomesNew YorkNew York10075988 5th Ave Unit 4

This home is located at 988 5th Ave Unit 4 in New York City, NY and zip code 10075 in the Upper East Side neighborhood. This home was built in 1925. Features: 3 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since March 01, 2023 and is currently priced at $22,000,000.

In November 2024, from all listings sold in New York, NY there were more than 220 sold above asking price, over 758 sold below and more than 769 were sold right at the asked price. The number of listings in New York, NY decreased by 7.2% between October 2024 and November 2024. The median list price of listings available in November 2024 was $850,115, while the average time on the real estate market was 85 days.

From Rocket Homes Real Estate and based on county public records data.

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