$28,500,000
Updated 6 years ago
Off Market

988 Fifth Ave, 14-FLR

Upper East Side, Manhattan | East 79th Street & East 80th Street

9 Rooms4 Beds4.5 Baths3,673 Square FeetCondo

$28,500,000
Common Charges$6,750
RE Taxes$5,100
Price Per SF
$7,759

Listing Features

  • Abundant Closets
  • Beamed Ceilings
  • BuiltIns
  • Custom Closets
  • Entry Foyer
  • Floor-Through
  • Full Floor
  • High Ceilings
  • In Wall Speakers
  • Library / Den
  • Moldings
  • Original Details
  • Private Elevator
  • Recessed Lighting
  • Washer / Dryer
  • Center Island
  • Convection Oven
  • Dishwasher
  • Eat-in Kitchen
  • Gourmet Kitchen
  • S Steel Appliances
  • Walk Thru Kitchen
  • Windowed Kitchen
  • Double Vanity
  • En Suite Bathroom
  • Marble Bathroom
  • Powder Room
  • Soaking Tub
  • Stall Shower

Outdoor space and views

  • Central Park
  • City Views
  • East Exposure
  • North Exposure
  • South Exposure
  • West Exposure

Building Amenities

  • Full-Time Doorman
  • Elevator
  • Laundry Room

Policies

  • Pets Allowed

Property Description for 988 Fifth Ave, 14-FLR

The epitome of 1920s luxury New York architecture by one of its premier practitioners, 988 Fifth Avenue tells the story of an unforgettable era. J.E.R. Carpenter’s 1925 masterpiece is a flawless example of the Italian Renaissance style manifested in early 20th century Manhattan.


Home to prominent New Yorkers from the beginning, 988 drew the attention of Sylvia Green Wilks, daughter of the legendary Wall Street scion Hetty Green. Even Grace Kelly, destined to become a princess, knew a palace when she saw one. She and Wilks were just two of the notable residents of this superb building.


This is one of only two condos of J.E.R. Carpenter’s design. As the preeminent condominium on the Upper East Side with only 13 residences, the move-in-ready 14th floor at 988 Fifth represents a truly rare opportunity to own the penultimate floor in this full-service building.


From a private elevator landing, enter the nine room apartment to marvel at the views over Central Park. The large marble gallery opens to the living and dining rooms, library, kitchen, and bedroom wing, as well as a perfectly appointed powder room. A sub-cornice creates a ledge below the windows of the 14th floor. This buffer assures tranquillity, and gives the illusion of floating above the park, transcending the hubbub below.


The apartment’s scale is grand in every way. Ceilings are eleven feet, and the many windows are wide and invite 360 degrees of light and views.. In the living room, four windows face west directly over Central Park, and two face north along Fifth Avenue, with views beyond the Reservoir to the George Washington Bridge. A large wood-burning fireplace makes this a room for all seasons.


Adjacent to the living room, the library glows with French-polished mahogany. Also reachable from the living room is the large dining room (with a second fireplace) featuring western vistas over the treetops of Central Park, as well as an iconic south-facing view down Fifth Avenue to Central Park South and beyond, to the Freedom Tower.


The kitchen includes state-of-the-art Sub-Zero refrigerator, Wolf range, Thermador convection oven, Bosch dishwasher, and an oversized island. The large breakfast room off the kitchen is bathed in morning light. Separate staff quarters with an en suite marble bathroom, and a laundry room lie beyond.


Three en suite bedrooms include a luxurious master suite with custom-built closets and a corner exposure to the north, south and east. The master bedroom also features the third wood-burning fireplace on the East wall (currently enclosed). The spare-no-detail bathrooms are encased in pristine slabs of Calacatta marble, and include fixtures from Waterworks and Grohe.


Throughout the property there are French-polished mahogany doors with period-correct Nanz hardware including olive-knuckle hinges. The entire apartment is connected to a Crestron/Lutron system with built-in speakers. The apartment is measured at 3,673 square feet, with central air conditioning throughout. In addition to copious storage in the apartment, there is dedicated basement storage space.


Please provide 48 hours notice for all viewing requests.

Listing History for 988 Fifth Ave, 14-FLR

Now
08/25/2020
POM by Dan Kessler
Compass
02/20/2020
Back on the Market by Dan Kessler
Compass

Building Details for 988 Fifth Ave

OwnershipCondo
Building TypeMid-Rise
Service LevelFull-Time Doorman
AgePre-War
AccessElevator
Year Built1925
Financing Allowed90%
Floors/Apts14/13
Learn More About the Building

Transit and Citi Bike

Subway

77 St
0.33 miles
86 St
0.43 miles

Citi Bike

5 Ave & E 78 St
0.1 miles
Madison Ave & E 82 St
0.14 miles

Contact Agents

Contact Agents

Upper East Side | Manhattan

Quick Profile

Exuding a cosmopolitan, refined air that is reminiscent of Paris or other European cities, the Upper East Side (the UES, to local cognoscenti) has a reputation as being a bastion of wealth and privilege. Even though it was built by American “royalty” families like the Vanderbilts, Roosevelts, Kennedys, Carnegies and Rockefellers, whose elaborate mansions once anchored Fifth Avenue, there are affordable housing options throughout the neighborhood. The further east you move, away from Central Park and the more commercial avenues, the more likely you are to find quiet, tree-lined streets with historic townhouses and brownstones. Keep your eye out for reasonably priced apartments in pre-war low-rise and even a few high-rise buildings.

With abundant, beautifully landscaped green spaces, including the oasis of Central Park acting like a backyard, the area is quiet and lushly green. You can relax and unwind in John Jay Park, Carl Schurz Park or take a stroll along the East River Promenade. The whole neighborhood seems isolated from the workaday chaos of the city at large. Add to that the history of the neighborhood and the abundance of cultural institutions, and you have a uniquely welcoming neighborhood.

Known for its abundance of high-end retail shopping, especially on Madison Avenue, the Upper East Side is host to the Barneys New York flagship department store. Here you can find upscale goods, fashion and home decor items. You will also find the edgy runway-inspired Alexander McQueen collections. If you are dying to treat your feet to red-soled opulence, be sure to visit the Christian Louboutin boutique. These are only a small sampling of this high-end shopper’s paradise that features everything from designer boutiques that offer the ultimate in haute couture to resale shops where you can find last season’s best on sale at hefty discounts .

There are many unique dining experiences, from fine dining to the casual bite-on-the-go, awaiting you in the UES. Sushi is going through a renaissance in the city, and the best omakase-style sushi can be found at Sasabune on E 73rd Street. Omakase sushi means that you leave the choice of ingredients, preparation method and presentation to the chef. Elegant French cuisine can be experienced at JoJo, E 64th Street, housed in gorgeous townhouse. Just for fun, visit the Lexington Candy Shop on Lexington Avenue, to get a taste of an old-fashioned soda fountain.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 80057