988 5th Avenue, Unit PENTHOUSE, Manhattan, NY 10075

$29,000,000
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Active
BEDS3 BATHS3 full 1 partial SQUARE FEET3,000 MLS#RLS20040490
STATUSActive PROPERTY TYPEResidential - Condominium SUBDIVISIONUpper East Side

Property Description

Irreplaceable Duplex Penthouse in Boutique J.E.R. Carpenter-Designed Condominium Fifth Avenue & 80th Street

Perched atop a landmark Italian Renaissance-style prewar condominium designed by J.E.R. Carpenter and built in 1926, this one-of-a-kind duplex penthouse occupies an iconic location at Fifth Avenue and 80th Street-directly across from the Metropolitan Museum of Art-with sweeping, protected views of Central Park.

Set within a discreet white-glove boutique condominium of just 14 full-floor residences, each accessed via private elevator landing, the building is the most established among the few prewar condominiums on Fifth Avenue. Once home to the legendary Grace Kelly, it carries a legacy of timeless elegance and cultural distinction. The penthouse offers a rare chance to own a truly irreplaceable trophy property-one with panoramic views that can never be obstructed. Exceptional seclusion and security provide total privacy, both within the residence and the building itself.

Spanning two full floors, the home features over 3,000 square feet of park-facing outdoor space, seamlessly integrated with both Central Park and the interior living areas. Floor-to-ceiling windows frame unobstructed views of the park and skyline, offering breathtaking sunsets and a magnificent setting for entertaining.

The main level offers a gracious layout with a corner living room, formal dining room, chef's kitchen, and two bedroom suites. The primary suite includes a spa-style bath with Jacuzzi tub, private hammam, and a custom mahogany and cashmere-upholstered dressing room. The second bedroom is a private guest suite with direct terrace access and an en-suite bath featuring a skylight that infuses the space with natural light. A wraparound terrace completes the floor, accommodating outdoor dining for over twenty guests along with lounging and entertaining areas.

The upper level includes a third bedroom-currently configured as a guest suite-alongside a fully equipped gym with sauna and private hammam. This level opens to a spectacular wraparound terrace with multiple dining and lounging zones, an outdoor bar, a covered pergola, and a self-sustaining seasonal herb garden. Three private outdoor showers serve the primary suite, gym, and upper guest suite, respectively.

Dedicated mechanical rooms house independent water pumps and a museum-quality central air conditioning system, ensuring year-round comfort and efficiency throughout the penthouse.

Additional highlights include:

- Two private hammams (primary suite and upper guest suite)

- Impeccably landscaped terraces with automated irrigation and centrally controlled lighting

- A refined, quiet setting in one of the Upper East Side's most intimate and prestigious condominiums

The building has recently completed modernization of both passenger and service elevators and a full LL11 facade restoration.

This Fifth Av

988 5th Avenue, Unit PENTHOUSE | MLS# RLS20040490

This condo located at 988 5th Avenue, Unit PENTHOUSE, Manhattan, NY 10075 is currently listed for sale with an asking price of $29,000,000. This property was built in 1925 and has 3 bedrooms and 3 full and 1 partial baths with 3000 sq. ft. 5th Avenue, Unit PENTHOUSE is located in the Upper East Side subdivision. Search Upper East Side real estate on www.joycerealty.com today.

Property Features

Property Type: Residential - Condominium
Basement: Other
Fireplaces: 1
Stories: 15.0
Year Built: 1925

Amenities

Separate/Formal Dining Room
Private Outdoor Space Over 60 Sqft

Feature Descriptions

Appliances: Washer Dryer Allowed
Building Features: Storage
Days on Site: 333
Fireplace: Other
Formal Dining: Yes
HOA Fee: 7350/ Monthly
Laundry: Building None, In Unit
Patio/Porch: Deck, Terrace, Wrap Around
Pets Allowed: Building Yes, No
Special View Info: City, Park/Greenbelt, Panoramic
Units: 15

Listed By / Shown By

Listed By

Agency Name: Corcoran Group
Agency Phone: (212) 355-3550

Shown By

Agency Title: Joyce Realty
Agency Phone: (800-275-5692)

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Estimated Payment

$ 72,999.76 per month $64,541.43 Principal & Interest $0.00 Property Tax (data not provided by mls) $8,458.33 Homeowner's Insurance

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