$24,750,000
Updated 2 years ago
Off Market

The Stanhope

995 Fifth Ave, 16-FLR

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

14 Rooms7 Beds9.5 Baths8,360 Square FeetCondop [Land-Lease]

$24,750,000
Price Per SF
$2,961

Listing Features

  • Abundant Closets
  • Beamed Ceilings
  • Corner Apartment
  • Dressing Area
  • Family Room
  • Full Floor
  • Galley Kitchen
  • High Ceilings [11']
  • Library / Den
  • Media Room
  • Moldings
  • Private Elevator
  • Recessed Lighting
  • Washer / Dryer
  • WBFP
  • Wet Bar
  • New Windows
  • Oversized Windows
  • Adjoining Pantry
  • Center Island
  • Dishwasher
  • Eat-in Kitchen
  • Microwave
  • S Steel Appliances
  • Windowed Kitchen
  • Wine Cooler
  • Double Vanity
  • En Suite Bathroom
  • Powder Room
  • Soaking Tub
  • Stall Shower

Outdoor space and views

  • Central Park
  • City Views
  • GW Bridge
  • Skyline Views
  • East Exposure
  • North Exposure
  • 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, 16-FLR

Elegance surrounds you in this expansive full-floor 7/8 bedroom, 9.5 bathroom masterpiece perched on the top story of the premier 995 Fifth Avenue. The former ballroom for The Stanhope, the 16th floor is the only residence in the building that enjoys such lofty ceiling heights, rising 10 feet in a striking coffered design. Bathed in natural light and finished and restored to perfection, the luxury Upper East Side gem impresses with magnificent views, custom features galore, a specialized home automation system, and private elevator entry welcoming you into awe-inspiring living space by JANGEORGe Interiors.Oversized windows on 4 exposures showcase sweeping vistas capturing Central Park, The Metropolitan Museum of Art, George Washington Bridge, and dramatic city skylines. Stunning black-stained white oak wood and black antique stone tile flooring enhance warmth and sophistication. Display your fine works of art on generous wall space afforded in the gracious gallery and magnificent 42' great room where entertaining is divine. This breathtaking open-concept backdrop provides versatility for various living and seating arrangements and is perfect for hosting, complemented by a spacious open dining room in the corner and handsome library on the park. The knockout Smallbone of Devizes kitchen with a large open breakfast area is not just stylish, but well-proportioned and highly functional, featuring abundant cabinet and countertop space and a center island with seating. Chef's quarters are also appointed with top-of-the-line stainless steel appliances for the consummate host including Viking ovens, cooktop, warming drawer and range hood, a Subzero refrigerator and wine cooler, plus Miele dishwashers, microwave, and built-in espresso/coffee maker. Your glorious primary suite with southwestern views, a sitting room with wood-burning fireplace, dressing area and his/her marble-clad spa baths is the ultimate place to renew.Additional bedroom suites with upscale baths provide versatility for use as sleeping quarters, an office and other purposes. Other highlights are a laundry room, endless closets, and an individually-controlled heating/cooling system heightening the comfort. Built in 1926 as The Stanhope by famed Rosario Candela, 995 Fifth Avenue was exquisitely converted to 27 private homes melding classic features with modern infrastructure. A 24-hour doorman and concierge, gym and spa facilities, and a generator for full backup power elevate the lifestyle. The supreme address at Fifth Avenue and East 81st Street is directly across from Central Park and the Metropolitan Museum, moments from many other best-of-Manhattan attractions. The building permits ownership by an LLC or a Trust and there's a 2% flip tax.

Listing History for 995 Fifth Ave, 16-FLR

Now
06/05/2024
Expired by Patricia Vance
Douglas Elliman
01/10/2024
$24,750,000 [-$2,245,000] [8.3%]
Price Drop by Patricia Vance
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

Patricia Vance
Douglas Elliman
Sandra Ripert
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: 270557