1 month on rocket

988 5th Ave Unit 6, New York City, NY, 10075

$19,500,000

5 Bedrooms
4 Full Baths, 1 Partial
3,550 SqFt
$5,493/SqFt
Condo

Location

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Property Highlights

Home TypeCondominium
Year Built1925
CoolingCentral Air
FireplaceOther
ViewPark
MLS #COMP-1690104228965736081
StatusActive

About 988 5th Ave Unit 6

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.

Property Details

Property Features

Property Information:

  • Year Built: 1925
  • Living Area: 3,550 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (212) 913-9058
  • Listing Agent: Elizabeth Sahlman
  • Agent Phone: (917) 523-8200

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Freezer, Gas Cooktop, Refrigerator, Stainless Steel Appliance(s), Washer
  • Flooring Type: Hardwood
  • Interior: Bidet, Built-in Features, Chandelier, Crown Molding, Double Vanity, Entrance Foyer, Eat-in Kitchen, High Ceilings, Kitchen Island, Recessed Lighting, Sound System, Soaking Tub, Walk-In Closet(s)
  • Fireplace: Other

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • View: Park

Parking Information:

  • Attached Garage: No

Utilities

Utilities Information:

  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $19,500,000
  • Price Per SqFt: $5,493/SqFt

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 6 vs New York

51 DAYS ON ROCKET

-34 Days

$19,500,000

+$18.6M More

$5,493/SqFt

+$4.8K More

KEY TAKEAWAY

This property is $18.6M more than the Median Sold Price and $4.8K/SqFt more than other homes in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #COMP-1690104228965736081

Listing Office:

  • Office Name: Compass
  • Office Phone: (212) 913-9058
  • Listing Agent: Elizabeth Sahlman
  • Agent Phone: (917) 523-8200

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: 12/22/2024, 3:20:57 AM 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

$104.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$58.5K

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-859991
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-859992
9
/10
  • P.S. 290 Manhattan New School

  • 311 E 82nd St

  • 0.56 miles

  • Public District Grades KG-5

school-card-donut-859993
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. Typical income of New York, NY residents is $200k+ annually. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 988 5th Ave Unit 6

What is the listing price of this property?

The listing price of 988 5th Ave Unit 6 property is $19,500,000.

What type of property is this?

The property 988 5th Ave Unit 6 is a condo located in New York City, New York, 10075.

Is this property for sale now?

Active Listing: 988 5th Ave Unit 6 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 6 has 5 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 988 5th Ave Unit 6 is 3,550 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 988 5th Ave Unit 6 is 1925.
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Rocket HomesNew YorkNew York10075988 5th Ave Unit 6

This home is located at 988 5th Ave Unit 6 in New York City, NY and zip code 10075 in the Upper East Side neighborhood. This 3,550 square foot home was built in 1925. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since October 31, 2024 and is currently priced at $19,500,000.

While more than 220 listings in New York, NY in November 2024 were sold above asking price, there were more than 769 listings sold at asking price, and more than 758 were sold below. Between October 2024 and November 2024, New York, NY real estate market has seen decrease in the number of listings by 7.2%. While the average time on the market in November 2024 was 85 days, the median list price was $850,115.

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

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