995 5th Avenue, Unit 16

995 5th Ave
Upper East Side

$24,250,000
Price
8
Beds
9
Baths
1
1/2 Bath
8,360 Sq. Ft.
$2,901 / Sq. Ft.
8,360
Sq. Ft.
$2,901
per Sq. Ft.

Description

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...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-à-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.

Property Details for 995 5th Avenue, Unit 16

Zoning
R10
View
City, ParkGreenbelt
LISTING UPDATED: 12/12/2024 02:16 PM

Property Details for 995 5th Avenue, Unit 16

StatusActive
MLS IDRPLU-33423099388
Days on Market161
Taxes-
Maintenance$44,818 / month
Min. Down Pymt25%
Total Rooms14.0
Compass TypeCondop
MLS TypeCondop
Year Built1926
CountyNew York County

Building

995 5th Ave

37 Units17 StoriesBuilt in 1926

Building Information for 995 5th Avenue, Unit 16

Building/Complex995 5th AveFloor-Stories17Residences37Pet PolicyAllowedYear Built1926Building AgePre-warBuilding TypeMidrise

Property Information for 995 5th Avenue, Unit 16

Summary
Location and General Information
  • Subdivision Name: Upper East Side
  • Stories Total: 16
  • Garage Spaces: 0.0
  • View: Yes
Taxes and HOA
  • Tax Lot: 0000
  • Tax Deduction Percent: 17.00%
  • Tax Block: 01492
  • Flip Tax Type: Percent
  • Association Fee Frequency: Monthly
  • Flip Tax: $2
  • Building Tax Lot: 0069
  • Tax Monthly Amount: 0.0
  • Tax Abatement YN: false
Parking
  • Garage: No
  • Garage Spaces Assigned YN: false
Property
Lot Information
  • Living Area: 8360.0
  • Living Area Units: SquareFeet
Building Information
  • Building Features: Elevators
  • Landmark Status YN: false
  • Building Laundry Features: Other
  • Building Pets Allowed: BuildingYes
  • Building Pets Allowed Comments: Maximum of two domestic cats or dogs per apartment.
  • Capital Reserves YN: false
  • Green Building YN: false
Property and Assessments
  • New Development: No
  • Sponsor Unit: No
  • Certificate Of Occupancy: Yes
  • Percent Of Common Elements: .00%
  • Common Interest: Condop
  • Number Of Shares: 673
  • New Construction: No
  • Structure Type: HighRise
  • Property Condition: Excellent
Interior and Exterior Features
Exterior Features
  • Basement: Other
  • Exterior Features: None
  • Patio And Porch Features: None
Interior Features
  • Cooling: CentralAir
  • Entry Level: 16
  • Appliances: WasherDryerAllowed
  • Fireplace Features: Other
  • Fireplaces Total: 1
  • Fireplace: Yes
  • Floor Number: 16
  • Basement: Yes
  • Cooling: Yes
  • Laundry Features: WasherHookup, InUnit
  • ElevatorsTotal: 3
Multi Family
Multi-Family Information
  • Number Of Units Total: 26
Rental
Rental Information
  • Pets Allowed: UnitYes
  • Attendance Type: DoormanFullTime, ConciergePartTime
  • Land Lease: Yes
  • Pets Allowed Comments: Maximum of two domestic cats or dogs per apartment.

Property History for 995 5th Avenue, Unit 16

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

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

Public Records for 995 5th Avenue, Unit 16

Taxable ValueLand-Additions-Total-
Home Facts
APN1014920069

Schools near 995 5th Avenue, Unit 16

This home is within New York City Geographic District # 2.
Rating
School
Type
Grades
Distance
P.S. 6 Lillie D Blake
Public - PK to 5
Nyc Lab Ms For Collaborative Studies
Public - 6 to 8
Lower Manhattan Community Middle School
Public - 6 to 8
Jhs 167 Robert F Wagner
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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More information about 995 5th Avenue, Unit 16, Upper East Side

995 5th Avenue, Unit 16 is a condop for sale in Upper East Side. This property was listed for sale on July 17, 2024 by Corcoran Group, it's currently listed at $24,250,000. It has been on the market for a total of 161 days and was last sold on June 29, 2012. This listing's school district is New York City Geographic District # 2. Nearby schools include P.S. 6 Lillie D Blake, Nyc Lab Ms For Collaborative Studies and Lower Manhattan Community Middle School. 995 5th Avenue, Unit 16 is a 8-bed, 9.5-bath, 8,360 sqft condop built in 1926.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Corcoran Group

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.