991 5th Avenue

Upper East Side

$44,000,000
Price
Beds
14,000 Sq. Ft.
$3,143 / Sq. Ft.
14,000
Sq. Ft.
$3,143
per Sq. Ft.

Description

One for the ages Many buyers find a townhouse to be the most exquisite form of city living - so much space, utterly self-contained, flexible renovation options, with private outdoor spaces that can span an entire roof top, rear gardens and elegant terraces. Ultimate fifth avenue location Buying a house located directly on Fifth Avenue is like acquiring the Holy Grail because such a limited number remain. Being on Fifth Avenue places a house in front of Central Park and its oasis of 843 acres. Unlike...One for the ages Many buyers find a townhouse to be the most exquisite form of city living - so much space, utterly self-contained, flexible renovation options, with private outdoor spaces that can span an entire roof top, rear gardens and elegant terraces. Ultimate fifth avenue location Buying a house located directly on Fifth Avenue is like acquiring the Holy Grail because such a limited number remain. Being on Fifth Avenue places a house in front of Central Park and its oasis of 843 acres. Unlike the usual north-south orientation of an upper Eastside townhouse, this location also affords a more east/west orientation that dramatically increases the interior light. The Fifth Avenue vista of this mansion also includes a section of the Metropolitan Museum of Art by Richard Morris Hunt, itself a classical work of art in limestone that serves to reflect light into all levels of this building, all seasons of the year. "the gilded age" - a confluence of finance and architecture The Gilded Age - from the 1870s to 1900 - derives its name from the book by Mark Twain and Charles Studley Warner published in 1873. The great riches earned by the Captains of Industry of the day, combined with talents of architects from L'Ecole des Beaux-Arts in France were combining to create extraordinary mansions in New York. 991 Fifth Avenue is an extraordinary descendent of that period and the remarkable fact is that it is largely intact today. History The Real Estate Record and Guide of December 22, 1900 - 120 years ago - describes in full detail the construction of 991 Fifth Avenue in by architects James R. Turner and William G. Killian as "something superior in all details". It was built in 1900-1901. Its neighbor to the south for Frank W. Woolworth was by architect CPH Gilbert and the stunning mansion just to the north would be for Mr. Philip Livingston. The north corner would have a lavish structure in Francois I style for Mr. Louis Stern. A stunning assembly - but by 1925, only 991 Fifth remained. Only four owners In 1901, Mrs. Mary Augustus King, a widow whose inheritance was equivalent to $113 million today, was the first owner. In 1906, David Crawford Clark, a founder of the banking firm, Clark Dodge & Company, moved in. In 1911, he commissioned Ogden Codman, Jr. to redesign the interiors. With Edith Wharton, Codman wrote THE DECORATION OF HOUSES, an 1897 pioneering guide that explained how to build and decorate a grand house with "nobility, grace, and timelessness" that is still consulted today. The third occupant, William Ellis Corey, was in the steel business and invented "the Corey reforging process" for making armor plate. He was president of the Carnegie Steel Corporation and then the US steel corporation from 1903 to 1911. His second marriage to Maybelle Gilman, a musical comedy star, caused worldwide scandal. The chairman said, "Mr. Corey was too valuable a man to the steel business to be dispensed with on account of his private affairs. His divorce in 1923 left him alone in his large mansion. The present owners, the American Irish Historical Society, acquired the mansion in 1939. Founded in 1897, the Society has used the mansion to house a massive library of 10,000 volumes (including the first printing of the Bible into the Irish language in 1685), a huge collection of vinyl records, and letters from the White House from Franklin Delano Roosevelt who was a member of the Society. Unique art and music events have been held in this home, often in conjunction with the Metropolitan Museum of Art and other neighboring cultural institutions. In 2006, the Society engaged the renowned architect, Joseph Pell Lombardi, to upgrade and restore the mansion These owners honored the timeless classical legacy of 991 Fifth by consulting the original drawings of Ogden Codman, Jr. 991 fifth avenue 991 Fifth, an imposing 6.5 story swell-front residence, has been deemed a "striking example of the Beaux-Arts style." The swell-front or bowed front on three levels serves to bring additional light into the building from the south and north in addition to the west. On the fourth floor it also provides a glorious curved terrace with floor to ceiling windows. The building is 25 feet wide and extends 100 feet on an exceptionally deep lot of 110 feet. There is an elevator in the home and a rear servant staircase. The main stair is arranged to the side capped by a skylight to bring light into the home while maintaining the sight line of the full expanse of 100 feet front to back. There is a rear interior light well surrounded by leaded glass to bring addition light into that section of the residence. Simply put, this opportunity to acquire a building of this caliber directly on Fifth Avenue is one that may never occur again.

Amenities

  • Private Terrace
  • Common Garden
  • Floor to Ceiling Windows
  • Elevator
  • Walk Up
  • Skylight
  • Voice Intercom
  • Private Outdoor Space
LISTING UPDATED: 01/13/2023 02:18 AM

Property Details for 991 5th Avenue

StatusExclusive Expired
MLS IDRPLU-21920647789
Days on Market694
Taxes-
Maintenance-
Min. Down Pymt-
Total Rooms0.0
Compass TypeTownhouse
MLS TypeSingle Family Townhouse
Year Built-
Lot Size-
CountyNew York County

Building Information for 991 5th Avenue

Stories5Year Built-Building Size-Lot Size-Building Age-Building Type-

Property Information for 991 5th Avenue

Summary
Location and General Information
  • Subdivision Name: Upper East Side
  • Stories Total: 5
Parking
  • Garage: No
Property
Lot Information
  • Living Area: 14000.0
  • Living Area Units: SquareFeet
Property and Assessments
  • Property Condition: Good
Interior and Exterior Features
Interior Features
  • Appliances: WasherDryerAllowed
  • ElevatorsTotal: 0
Multi Family
Multi-Family Information
  • Number Of Units Total: 1
Rental
Rental Information
  • Pets Allowed: UnitNo, BuildingYes
  • Delivered Vacant: No

Property History for 991 5th Avenue

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 991 5th Avenue

This home is within New York City Geographic District # 2.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 6 to 8
Public - 6 to 8
Rating
School
Distance
P.S. 6 Lillie D Blake
PublicPK to 5

Nyc Lab Ms For Collaborative Studies
Public6 to 8

Lower Manhattan Community Middle School
Public6 to 8

Jhs 167 Robert F Wagner
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Brown Harris Stevens Residential Sales LLC

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.