Active

995 Fifth Avenue 16

New York City NY, 10028

$24,250,000


$2,900.72 per sqft

Active

8 Beds

10 Baths

8,360 sqft

Condos

Built in 1926

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-a-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.

RPLU-33423099388

MLS ID

July 18, 2024

Listed

December 13, 2024

Updated

Map

995 Fifth Avenue 16
New York City NY, 10028

Interior Features

Total Stories

16


Bedrooms

8


Total Bathrooms

10


Full Bathrooms

9


Half Bathrooms

1


Appliances

Washer Dryer Allowed


Laundry Description

Building Other, Washer Hookup, In Unit


Fireplace

Yes


Fireplace Description

Other


Cooling

Yes


Cooling Description

Central Air


Heating

No

Exterior/Building Features

Exterior Features

None

Other Property Details

Common Charges

$44,818


Common Charges Frequency

Monthly


Garage

No


View

Yes


View Description

City, Park/Greenbelt


County

NewYork


Pool

No


Zoning

R10

Listed by Carrie Chiang with Corcoran Group
Listing Contact: (917) 293-0082 

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 advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

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

Data last updated on 12/13/2024 at 7:29 PM UTC

 

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