16 East 98th Street

Overview of 16 East 98th Street

16 East 98th Street, built in 1925 by architect George Keister, is an elegant nine-story prewar cooperative located in Carnegie Hill, just steps from Central Park and Fifth Avenue. This boutique building contains 53 units and features a distinctive lobby with wrought-iron doors leading to an elegant entrance.

The building is particularly notable for its beautiful communal garden courtyard, which includes seating areas and a shared grill for residents' use. Building amenities include an elevator, central laundry facilities, bicycle storage, and private storage bins. The property is well-maintained by a dedicated staff including a live-in superintendent and porter.

Residential units feature classic prewar details such as high beamed ceilings, crown moldings, and hardwood floors. Many apartments have been thoughtfully renovated while preserving their original architectural character. The building's penthouse level includes a rare 1,200-square-foot wrap-around terrace and protected Central Park views.

The cooperative is pet-friendly and maintains progressive policies, allowing co-purchasing, parent purchasing, and subletting with board approval. The building permits 80% financing and has a 2% flip tax. Professional office use is permitted for some ground-floor units, with separate street entrances available.

Situated in the heart of Carnegie Hill, the building offers immediate access to Museum Mile's cultural institutions, including the Guggenheim Museum, Metropolitan Museum of Art, and Cooper Hewitt Smithsonian Design Museum. The location provides excellent access to public transportation, including the nearby 96th Street subway station serving the 6 and Q trains.