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980 Fifth Avenue, #8B

$4,250,000 -8.6% | 4 beds, 4 baths
View Full Building Profile  | 
306 days on Market

Key Details

  • Listed: Jun 26, 2023
    Last Price Change: -8.6% ($400,000) on Apr 25
    Days on Market: 306
    Building Type: Cooperative
    Neighborhood: Carnegie Hill (Manhattan)
    Doorman: FT Doorman
    Listing viewed 409 times
Monthly Maintenance: $8,521
Est. Monthly Mortgage: $23,425
Total Est. Monthly Carrying Cost: $31,946
Note: the above is based on a down payment of 20% ($850,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Stunning Interior: The apartment features a grand living and dining area with expansive southern exposure and views of the park and historic mansions, a fully equipped eat-in kitchen with top-of-the-line appliances, and a private home office. The primary bedroom boasts large walk-in closets and a spa-like bathroom.
  • Functional Features: The apartment is equipped with a laundry room with storage and service egress, central AC and a 4-stage air purification system for temperature and humidity control. Private storage is also included with the apartment.
  • Building Amenities: The building offers a recently renovated lobby with twin elevators to semi-private landings, an on-site garage with discounted rates for shareholders, and a newly completed rooftop observatory deck with breathtaking views of Central Park and the Manhattan skyline.
  • Premium Services: The building provides full-time doorman, concierge, and live-in resident manager services. Additional amenities include a concierge, full-service garage, resident storage, and a porte-cochère/driveway.
  • Pet-Friendly: Pets are allowed with board approval, making this a perfect home for pet owners.
  • Prime Location: This spacious 4-bedroom, 4-bathroom apartment is located on 5th Avenue, in close proximity to Central Park, Metropolitan Museum of Art, Guggenheim Museum, and luxury shopping and dining. It also offers easy access to subway and crosstown bus stops.

Description

Carpe Diem! This 5th Avenue residence with its commanding architectural and Central Park views will make you want to seize the day. Perfectly situated to access Central Park from one of its grandest entrances and moments away from the Metropolitan Museum of Art, the Guggenheim Museum and the best of Upper East Side luxury shopping and dining. The entrance to 8B is distinguished by an elegant 20-foot entry foyer with custom lighting and gallery like wall space. Conveniently located off the foyer, one finds a powder room, a walk-in coat closet and a private home office. The grand living and dining area measures 36 feet in length and easily accommodates a variety of seating options.

The traditional B-line floor plan was completely reimagined to maximize the expansive southern exposure and highlight views of the Park, the Ukrainian Institute and the exquisite mansions on this historic stretch of 79th Street. The spacious eat-in kitchen is equipped with top-of-the-line appliances (Miele, Gaggenau and Dacor) and is a chef’s dream come true. Its bright and comfortable atmosphere will draw occupants together for cooking, conversation, homework or a glass of wine. A laundry room, adjoining the pantry area with storage and service egress allows for maximum functionality. The south facing primary bedroom enjoys a wall of picture windows overlooking the landmarked mansions across the way.

It has 2 large walk-in closets and a spacious spa-like bathroom with a double vanity, soaking tub and separate shower. The well-proportioned second and third bedrooms share their own hallway and bathroom and feature built-in window seats and large double closets. The 4th bedroom has its own full bathroom, is complimented by a large floor to ceiling window and could double as a second office, cozy media room or work out space. The apartment receives ample natural light and is fitted with central AC and a 4-stage air purification system which circulates fresh air through air handlers on the roof.

This advanced system ensures 24/7 temperature and humidity control throughout the unit and the building. The modern and recently renovated lobby offers twins elevators to semi-private landings with only 45 residences in the building. The coop’s entrance is graced with a handsome porte-cochere and the coop owned on-site garage extends deeply discounted rates for shareholders; a true rarity in today’s world. The newly completed rooftop observatory deck affords breathtaking bird’s eye views of Central Park, the entirety of The Met as well as the Reservoir and the iconic Manhattan skyline. The building is superbly staffed with a full-time doorman, concierge and live-in resident manager. Private storage 6×8 transfers with the apt. Pied-a-terre ownership is allowed as are pets with board approval.

Financing is not permitted. 2.5% flip tax.

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Listing Agent (Seller's Representative)

Listing courtesy of Sothebys International Realty

Pricing History

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About 980 Fifth Avenue

85

980 Fifth Avenue has received a CityRealty Rating of 85, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

28
Out of 44
+
27
Out of 36
+
20
Out of 39
+
10
=
85
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Distinguished 6 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
Dramatic 3 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
Very Attractive 3 out of 3 points
Contextual Design:
No and Bad 0 out of 3 points
Skyline:
Highly Visible 2 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Discrete 1 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
Attractive 2 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Outstanding 5 out of 5 points
Distance To Neighborhood Center:
Less than 30 blocks 3 out of 5 points
Views:
Dazzling 4 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Considerable 1 out of 3 points
Protected Views:
Many 2 out of 2 points
Distance To Subway:
More than 5 Short Blocks 0 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
3-5 Short Blocks 1 out of 2 points
Distance To Park:
Less Than 3 Short Blocks 2 out of 2 points
Distance To Water:
More than 6 Short Blocks 0 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Spacious 4 out of 5 points
Units Per Floor:
2 4 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
Yes 1 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Minimal 1 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
Some 1 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
Yes 1 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
Yes 1 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
Yes 1 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
No 0 out of 1 points
Other Amenities:
Many 2 out of 2 points

Building Amenities

  • Concierge
  • FT Doorman
  • Post War
  • Resident Storage
  • Full Service Garage
  • Washer/Dryer in building
  • Elevator
  • Porte-Cochère / Driveway

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Pros
  • Spectacular views both to the east and the south
  • Large landscaped plaza
  • Close to the Metropolitan Museum of Art
  • Adjacent to crosstown bus stops
  • Doorman
  • Concierge
  • Large picture windows
  • Close to Subway
Cons
  • Considerable traffic at major intersection
  • No sundeck
  • No health club
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Subways

  1. 6
at Lexington Ave 0.29 miles
  1. 4
  2. 5
at Lexington Ave 0.43 miles

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