$8,100,000
Updated 2 years ago
Sold

The Stanhope

995 Fifth Ave, 5-S

Upper East Side, Manhattan | East 80th Street & East 81st Street

8 Rooms5 Beds5.5 Baths4,357 Square FeetCondop [Land-Lease]

$8,100,000
Price Per SF
$1,859

This property was sold for $8,100,000 on 04/30/24.

Listing Features

  • Beamed Ceilings
  • Dressing Area
  • Home Office
  • Recessed Lighting
  • Wall of Windows
  • Center Island
  • Dishwasher
  • Eat-in Kitchen
  • Gourmet Kitchen
  • En Suite Bathroom
  • Heated Floors
  • Powder Room

Outdoor space and views

  • Central Park
  • City Views
  • Partial Park Views
  • South Exposure
  • West Exposure

Building Amenities

  • Full Service
  • Bike Storage
  • Billiards Room
  • Elevator
  • Health Club
  • Resident Lounge
  • Sauna
  • Spa Services
  • Storage

Policies

  • Pets Allowed

Property Description for 995 Fifth Ave, 5-S

Gorgeous first floor guest studio apartment included in sale! Offered fully furnished with the highest quality furnishings (excluding art and piano).

The magnificent 4,357 SF home at 995 Fifth Avenue represents a brilliant marriage of classic Rosario Candela pre-war design to today's contemporary style. The former Stanhope Hotel was converted to the one of the city's finest residences in 2008 and continues to exemplify grand city living today. Hotel living is still present with this rare offering combining a large renovated apartment, ground floor guest apartment and dedicated parking spot across the street.

A semi-private elevator landing flows graciously into a magnificent entrance featuring an Italian Rosewood gallery with a chic powder room. From the gallery, you are drawn into an expansive sun-drenched living room, and adjoining media/dining room all which open up to provide 42-feet of frontage overlooking Fifth Avenue, the Metropolitan Museum of Art and partial Central Park views, through three sets of large CitiQuiet soundproof double windows.

Adjacent to the living space is a massive custom gourmet eat-in kitchen featuring Smallbone of Devizes cabinetry, a Sub-zero refrigerator, two Sub-zero wine/beverage refrigerators, a Wolf oven, Miele dishwasher, and a large island finished in absolute-Carrara Marble, with incredible storage and large windowed dining area.

From the kitchen, a gallery leads you to a cozy home office, which features a custom-built desk and bookcases. An en suite bathroom allows this office to be set up as another bedroom.

The bedroom wing of the home is along a beautiful hallway featuring a stunning recess lighted curved ceiling perfect for displaying art. Each of the three guest bedrooms features perfect proportions, southern exposures, large closets and Waterworks en-suite bathrooms with the primary bathroom featuring heated floors.

An extraordinary primary suite is set at the end of the bedroom wing offering ultimate privacy. The suite faces south with a wall of windows overlooking neighboring gardens. It contains three closets, two of which classify as enormous dressing room with custom built-ins. The marble primary bathroom includes a stand free Bathtub, radiant heated floors, a walk-in rain shower and a built-in vanity area. An adjacent sitting room with additional bathroom could be rearranged as an additional guest bedroom.

A separate laundry room, conveniently placed off the bedroom wing, integrates a Miele washer/dryer with custom storage. A Creston system controls the audio/visual, Crestron lighting, motorized shades and year-round four pipe heating and cooling system independently zoned by room.

995 Fifth, governed as a Condop (co-op with condominium bylaws), offers its resident's ultimate flexibility, foreigners and pied-a-terre allowed. The health club with steam, sauna, massage rooms and yoga studio, a separate bike room, concierge service and an in-house wine consultancy enhance the lifestyle within the confines of a top technological security infrastructure. Individual storage bin included with the sale. Pets allowed. 2% flip tax paid by the purchaser.

Listing History for 995 Fifth Ave, 5-S

Now
04/30/2024
$8,100,000
Sold and Closed by Michael Lorber
Douglas Elliman
02/29/2024
Contract Signed by Michael Lorber
Douglas Elliman

Building Details for 995 Fifth Ave

OwnershipCondop [Land-Lease]
Building TypeMid-Rise
Service LevelFull Service
AgePre-War
AccessElevator
Year Built1926
Financing Allowed75%
Floors/Apts17/26
Learn More About the Building

Transit and Citi Bike

Subway

77 St
0.35 miles
86 St
0.39 miles

Citi Bike

Madison Ave & E 82 St
0.11 miles
5 Ave & E 78 St
0.15 miles

Contact Agents

Contact Agents

Michael Lorber
Douglas Elliman
Eric Friedberg
Douglas Elliman
Alexander Boriskin
Douglas Elliman

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: 421036