$22,000,000
Updated a year ago
Sold

The Stanhope

995 Fifth Ave, 16-FLR

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

14 Rooms9 Beds9.5 Baths8,360 Square FeetCondop [Land-Lease]

$22,000,000
Price Per SF
$2,632

This property was sold for $22,000,000 on 07/24/25.

Listing Features

  • Abundant Closets
  • Architectural Dtls
  • Beamed Ceilings
  • Corner Apartment
  • Dressing Area
  • Family Room
  • Full Floor
  • Galley Kitchen
  • High Ceilings [10']
  • Moldings
  • Private Elevator
  • Recessed Lighting
  • Washer / Dryer
  • WBFP
  • Wet Bar
  • New Windows
  • Oversized Windows
  • Adjoining Pantry
  • Center Island
  • Dishwasher
  • Eat-in Kitchen
  • Gourmet 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

995 Fifth Avenue - The Stanhope
Rare Opportunity
Designed by Rosario Candela
9 Bedrooms / 9.5 Baths / 8,360 sqft
Over 70 linear feet on Fifth Avenue & Central Park with 10ft Ceilings

Featuring some of the tallest ceilings in the building, measuring almost 10 feet in the main entertaining spaces. The landlease at The Stanhope extends until 2154 with no increases until 2041. Monthly costs encompass taxes, land leases, and common charges, presenting an exceptional opportunity in Manhattan's most sought-after locations and buildings. A large staff suite apartment (Residence #1I) is available for separate sale.

Originally the grand ballroom of The Stanhope, the 16th floor encompasses over 8,360 square feet and showcases impressive 10-foot ceilings adorned with a striking coffered design, distinguishing it as the tallest residence below the penthouse level. Flooded with natural light and featuring black-stained oak wood and black antique stone tile flooring, the interior exudes warmth and sophistication, with sweeping picturesque and panoramic views of Central Park, The MET, and the city skyline.

Residence 16 can accommodate up to 9 Bedrooms and features 9 full baths, a powder room, and a specialty laundry room.

Custom-designed by JANGEORGe Interiors, this full floor is accessed via a private elevator and opens to a spacious 42-foot great room, expansive corner dining area, and dean, perfect for entertaining with ample space to showcase art throughout.

The chef's kitchen by Smallbone of Devizes is a culinary masterpiece, complete with top-of-the-line appliances, ample storage, and a central island perfect for casual dining. The primary suite serves as a private retreat with southern views, a wood-burning fireplace, dual marble-clad spa baths, an office, and ample dressing areas. Additional bedroom suites with luxurious baths offer flexibility for various needs, whether for guests or a home office.

Experience the pinnacle of luxury living at 995 Fifth Avenue, where every detail reflects sophistication and the promise of a refined urban lifestyle.

Some images have been virtually staged.

The Stanhope - 995 Fifth Avenue
Originally designed in 1926 by the renowned architect Rosario Candela as The Stanhope Hotel, 995 Fifth Avenue is a magnificent example of Georgian architecture, it has undergone a meticulous transformation into 26 exclusive residences that seamlessly blend classic architectural features with modern amenities. This boutique condop offers a luxurious lifestyle complete with a 24-hour doorman and concierge, fully equipped gym and spa facilities, and a backup generator ensuring uninterrupted power supply.

Nestled at the prestigious corner of Fifth Avenue and East 81st Street, directly facing Central Park and the Metropolitan Museum of Art, the building provides unparalleled access to some of Manhattan's iconic locations. Ownership is permitted through an LLC or Trust, and the building has a 2% flip tax payable by the purchaser.

Operating as a Condop (a co-op with condominium bylaws), the residence offers unparalleled flexibility, allowing ownership by pieds- -terre.

Residents enjoy additional amenities, including a health club with treatment rooms, bicycle storage, and stroller storage. The building is managed by a resident manager and offers concierge services along with a 24-hour attended doorman. Residents also have access to a billiards room and a private La Palestra health and fitness spa spanning approximately 2,500 square feet, enhancing the luxurious living experience at 995 Fifth Avenue.

Listing History for 995 Fifth Ave, 16-FLR

Now
07/24/2025
$22,000,000
Sold and Closed by Carrie C. Chiang
Corcoran
05/09/2025
Contract Signed by Carrie C. Chiang
Corcoran

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

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