$2,950,000
Updated 4 years ago
Off Market

16 East 98th Street, PH-A

Upper East Side, Manhattan | Fifth Ave & Madison Ave

5 Rooms3 Beds1.5 Baths1,200 Square FeetCo-op

$2,950,000
Maintenance$3,235
Price Per SF
$2,458

Listing Features

  • Abundant Closets
  • Beamed Ceilings
  • Corner Apartment
  • Entry Foyer
  • High Ceilings [10']
  • Original Details
  • Penthouse/Top Flr
  • Recessed Lighting
  • Separate Dining Area
  • Split Bedrooms
  • Walk-in Closet
  • Washer / Dryer
  • WBFP
  • Oversized Windows
  • Dishwasher
  • Service Entrance
  • Windowed Kitchen
  • Double Vanity
  • En Suite Bathroom
  • Powder Room
  • Soaking Tub
  • Stall Shower

Outdoor space and views

  • Wrap Terrace
  • Central Park
  • City Views
  • East Exposure
  • South Exposure
  • West Exposure

Building Amenities

  • Video Intercom
  • Bike Storage
  • Courtyard
  • Elevator
  • Laundry Room
  • Storage

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 16 East 98th Street, PH-A

Ask any buyer what makes a perfect terrace. The answer is likely to be: "Direct access from the living room and large enough for wining and dining with lush vegetation and maximum privacy!" Terraces like this are so rare that owners hold on to them like vintage watches, a classic cars or paintings. And the only thing rarer than a home with a "direct living" terrace, is a true penthouse with protected views, high ceilings, a wood burning fireplace, and a wrap-around terrace wide enough for entertaining.

16 East 98th Street is one such unicorn. Approximately 1,200 square feet, this sun-flooded penthouse has a 1,200 square foot south-facing "direct living" terrace (10 feet wide at its narrowest point) offering unexpected privacy and protected views of Central Park.

The terrace is perfectly configured with 3 distinct areas: the west side, with sunset views over Central Park, perfectly suited for relaxing and reflecting, the east side, with its proximity to the kitchen, ideal for entertaining and the arboretum that separates the two.

Most penthouses on top of pre-war buildings have a low ceiling, as the space was originally used to house servants. However, this penthouse was blessed with generous 10 foot ceilings which, along with the 18 x 25 foot living room, give the home a loft-like feeling, albeit a loft with views of the sun setting over Central Park.

Currently configured as a three bedroom and one and a half bath apartment with a washer and dryer, Penthouse A has a windowed kitchen equipped with top-of-the-line appliances. However, with glorious natural light all day from 3 exposures (East, South and West), great ceiling heights throughout and plumbing stacks on both sides of the home, the space offers great flexibility.

Ideally located just off 5th Avenue and Central Park, this elegant Prewar co-op (circa 1924) has a porter, live-in super, separate storage and is pet-friendly. Pied-a-terre, guarantors and co-purchasing are permitted on a case by case basis, as is 80% financing.

Listing History for 16 East 98th Street, PH-A

Now
10/14/2022
POM by Frans H. Preidel
Brown Harris Stevens
04/08/2022
$2,950,000
Initial Price by Frans H. Preidel
Brown Harris Stevens

Building Details for 16 East 98th Street

OwnershipCo-op
Building TypeLow-Rise
Service LevelVideo Intercom
AgePre-War
AccessElevator
Year Built1922
Financing Allowed80%
Floors/Apts9/53
Learn More About the Building

Transit and Citi Bike

Subway

96 St
0.27 miles
103 St
0.37 miles
96 St
0.48 miles

Citi Bike

E 97 St & Madison Ave
0.08 miles
Madison Ave & E 99 St
0.11 miles

Contact Agents

Contact Agents

Frans Preidel
Brown Harris Stevens
Darrin Chin
Brown Harris Stevens

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: 1751751