$18,500,000
$1M PRICE DROP

Estimated payment $114,769/month

Total Views 15,077
5 Beds
4.5 Baths
3,550 Sq Ft
$5,211 Price per Sq Ft

Highlights

  • Wood Flooring
  • 1 Fireplace
  • Eat-In Kitchen
  • P.S. 6 Lillie D. Blake Rated A
  • High Ceiling
  • 1-minute walk to Central Park

About This Home

Exceptionally Rare Gem: Fully Renovated 3,550 SF (330 M) 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.

Broker owner.

Listing Agent

Elizabeth Sahlman

Compass License #10301205545 Listed on: 10/21/2024

Compass

Co-Listing Agent

Rona Davis

Compass License #10401236095

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $62,592

Year Built

  • Built in 1925

HOA Fees

  • $7,380 Monthly HOA Fees

Interior Spaces

  • 3,550 Sq Ft Home
  • Sound System
  • Built-In Features
  • Crown Molding
  • High Ceiling
  • Recessed Lighting
  • Chandelier
  • 1 Fireplace
  • Entrance Foyer
  • Wood Flooring
  • Property Views

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Freezer
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Double Vanity
  • Bidet
  • Soaking Tub

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Central Air
  • No Heating

Listing and Financial Details

  • Legal Lot and Block 1405 / 01491

Community Details

Overview

  • 13 Units
  • Upper East Side Subdivision
  • 13-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$62,592

Year Built

Built in 1925

Lot Details

0

HOA Fees

$7,380 per month

Listing Details

  • Exposures: East,North,South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Upper East Side
  • Entry Level: 6
  • Structure Type: Multi Family
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 13

Interior Features

  • Interior Features: 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)
  • Appliances: Dryer, Dishwasher, Freezer, Gas Cooktop, Refrigerator, Stainless Steel Appliance(s), Washer
  • Fireplace Features: Other
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood
  • Living Area: 3550.0
  • Living Area Units: Square Feet
  • Rooms (Total): 9
  • Window Features: Double Pane Windows

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Bathrooms Integer: 5
  • Bedrooms: 5

Exterior Features

  • View: Park/Greenbelt
  • View: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Laundry Features: Common On Floor, Common Area, Gas Dryer Hookup, In Unit
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 7380.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 51.170000x100.000000

Building Info

  • New Construction: No
  • Units: 13
  • Total Stories: 13
  • Year Built: 1925

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 01491
  • Tax Lot: 1405
  • Tax Annual: 62592.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $62,350 $502,251 $108,000 $394,251
2024 $62,350 $498,722 $108,000 $390,722
2023 $50,664 $500,616 $108,000 $392,616
2022 $49,579 $491,184 $108,000 $383,184
2021 $61,274 $499,500 $108,000 $391,500
2020 $51,922 $553,248 $108,000 $445,248
2019 $50,601 $540,792 $108,000 $432,792
2018 $59,643 $515,196 $108,000 $407,196
2017 $57,139 $475,524 $108,000 $367,524
2016 $56,072 $465,300 $108,000 $357,300
2015 $19,310 $454,680 $108,000 $346,680
2014 $19,310 $433,944 $108,000 $325,944
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2025 07/26/25 For Sale $18,500,000 0.0% $5,211 / Sq Ft
07/26/2025 07/26/25 Off Market $18,500,000 -- --
07/19/2025 07/19/25 For Sale $18,500,000 0.0% $5,211 / Sq Ft
07/19/2025 07/19/25 Off Market $18,500,000 -- --
07/12/2025 07/12/25 For Sale $18,500,000 0.0% $5,211 / Sq Ft
07/12/2025 07/12/25 Off Market $18,500,000 -- --
07/05/2025 07/05/25 For Sale $18,500,000 0.0% $5,211 / Sq Ft
07/05/2025 07/05/25 Off Market $18,500,000 -- --
06/28/2025 06/28/25 For Sale $18,500,000 0.0% $5,211 / Sq Ft
06/28/2025 06/28/25 Off Market $18,500,000 -- --
06/21/2025 06/21/25 For Sale $18,500,000 0.0% $5,211 / Sq Ft
06/21/2025 06/21/25 Off Market $18,500,000 -- --
06/14/2025 06/14/25 For Sale $18,500,000 0.0% $5,211 / Sq Ft
06/14/2025 06/14/25 Off Market $18,500,000 -- --
06/07/2025 06/07/25 For Sale $18,500,000 0.0% $5,211 / Sq Ft
06/07/2025 06/07/25 Off Market $18,500,000 -- --
05/31/2025 05/31/25 For Sale $18,500,000 0.0% $5,211 / Sq Ft
05/31/2025 05/31/25 Off Market $18,500,000 -- --
05/24/2025 05/24/25 For Sale $18,500,000 0.0% $5,211 / Sq Ft
05/24/2025 05/24/25 Off Market $18,500,000 -- --
05/17/2025 05/17/25 For Sale $18,500,000 0.0% $5,211 / Sq Ft
05/17/2025 05/17/25 Off Market $18,500,000 -- --
05/10/2025 05/10/25 For Sale $18,500,000 0.0% $5,211 / Sq Ft
05/10/2025 05/10/25 Off Market $18,500,000 -- --
04/29/2025 04/29/25 For Sale $18,500,000 0.0% $5,211 / Sq Ft
04/29/2025 04/29/25 Off Market $18,500,000 -- --
04/14/2025 04/14/25 For Sale $18,500,000 0.0% $5,211 / Sq Ft
04/14/2025 04/14/25 Off Market $18,500,000 -- --
04/07/2025 04/07/25 For Sale $18,500,000 0.0% $5,211 / Sq Ft
04/07/2025 04/07/25 Off Market $18,500,000 -- --
03/24/2025 03/24/25 For Sale $18,500,000 0.0% $5,211 / Sq Ft
03/24/2025 03/24/25 Off Market $18,500,000 -- --
03/17/2025 03/17/25 For Sale $18,500,000 0.0% $5,211 / Sq Ft
03/17/2025 03/17/25 Off Market $18,500,000 -- --
03/10/2025 03/10/25 Price Changed $18,500,000 -5.1% $5,211 / Sq Ft
03/09/2025 03/09/25 For Sale $19,500,000 0.0% $5,493 / Sq Ft
03/05/2025 03/05/25 Off Market $19,500,000 -- --
02/23/2025 02/23/25 For Sale $19,500,000 0.0% $5,493 / Sq Ft
02/19/2025 02/19/25 Off Market $19,500,000 -- --
02/09/2025 02/09/25 For Sale $19,500,000 0.0% $5,493 / Sq Ft
02/03/2025 02/03/25 Off Market $19,500,000 -- --
01/26/2025 01/26/25 For Sale $19,500,000 0.0% $5,493 / Sq Ft
01/20/2025 01/20/25 Off Market $19,500,000 -- --
01/12/2025 01/12/25 For Sale $19,500,000 0.0% $5,493 / Sq Ft
01/06/2025 01/06/25 Off Market $19,500,000 -- --
12/29/2024 12/29/24 For Sale $19,500,000 0.0% $5,493 / Sq Ft
12/29/2024 12/29/24 Off Market $19,500,000 -- --
12/22/2024 12/22/24 For Sale $19,500,000 0.0% $5,493 / Sq Ft
12/16/2024 12/16/24 Off Market $19,500,000 -- --
10/18/2024 10/18/24 For Sale $19,500,000 -- $5,493 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Purchase History

Date Type Sale Price Title Company
Deed $11,000,000 --
Source: Public Records

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS11016840

Real Estate Board of New York (REBNY)

APN: 1491-1405