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988 Fifth Avenue, NYC - Condo Apartments
988 Fifth Avenue, NYC - Condo Apartments
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988 Fifth Avenue

988 Fifth Avenue

Doorman condo located in Carnegie Hill, at The Southeast corner of Second Avenue

988 Fifth Avenue Location Map
  • Apartments For Sale (2) $7,439 Avg. price/ft2
  • Recent Sales (3) $4,540 Avg. price/ft2
  • All Units in Building (14)
Unit #
Beds
Baths
Size
Price / Ft2
Price
Listed on
Days on Market
Unit #
Beds
Baths
Size
Closing Price
Price / Ft2
Asking Price
Sold on
View Full Sales History

Overview of 988 Fifth Avenue

Built in 1926, 988 Fifth Avenue is a 14-story Italian Renaissance-style condominium designed by J. E. R. Carpenter. Located on the southeast corner of 80th Street, the building is distinguished by its detailed façade featuring rectangular quoins, arched window frames on the fifth floor, substantial balconies on the 11th floor, and a decorative balustraded roofline. Converted to a condominium in 1981, it remains one of the few on Fifth Avenue and offers views of Central Park and the Metropolitan Museum of Art. Developed by the Lion Brewery of New York, with Hugh A. Murray as president, the building reflects Carpenter's architectural finesse.

The exclusive building contains only 12 full-floor residences, providing a high level of privacy and service. Each unit comes with a designated storage bin, and residents benefit from amenities that include a doorman, sidewalk landscaping, and a pet-friendly policy. The sidestreet entrance further enhances the building's sense of discretion.

Apartments at 988 Fifth Avenue feature spacious layouts and elegant finishes. For example, a ninth-floor unit includes a 13-foot-wide entrance gallery, a 27-foot-wide living room with Central Park views, a library, a dining room, four bedrooms, a large kitchen, and a pantry. Another unit boasts an 11-foot-square circular foyer leading to a living room, library, dining room, media room, gallery, and four bedrooms, all with similar park-facing views.

Notable transactions at 988 Fifth Avenue include a $20 million sale by Barbara and Richard Shiffrin to Amy Abrams in 2011, and a $19.5 million sale by Selig Zises, founder of Integrated Resources, in 2012.

Year Built
1925
Converted: 1981
Apartments
14
Floors
14
Pets: Allowed
Neighborhood
Min Down
20%
14Apartments
View All Past
Sales & Rentals
in Building

Amenities

  • Attended Lobby
  • FT Doorman
  • High-Rise
  • Pre War
  • Resident Storage
  • Garden
  • Elevator
  • Landmarked
  • Live-In Superintendent
  • Pet Services
  • Historic District
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Nearby Subways

  1. 6
at Lexington Ave 0.31 miles
  1. 4
  2. 5
at Lexington Ave 0.42 miles

Pros & Cons

  • Very few apartments
  • fireplaces
  • Attractive canopied entrance and sidewalk landscaping
  • Two blocks south of entrance to the Metropolitan Museum of Art
  • One block from cross-town bus service
  • Doorman
  • Prime- quiet location on Fifth Avenue
  • Superb Italian-Renaissance-palazzo-style detailing
  • Spectacular views of Central Park
  • No health club
  • Parades
  • No garage
  • No sundeck

CityRealty Rating

26
/44
Architecture
+
31
/36
Location
+
22
/39
Features
+
10
Editor’s Points
=
89
CITYREALTY
RATING
  • How is the CityRealty Rating calculated?

    Architecture
    • 30+ remarkable
    • 20-29 distinguished
    • 11-19 average
    • < 11 below average
    Location
    • 27+ remarkable
    • 18-26 distinguished
    • 9-17 average
    • < 9 below average
    Features
    • 22+ remarkable
    • 16-21 distinguished
    • 9-15 average
    • < 9 below average

Broker & Buyer Comments

This "prestigious" Fifth Avenue pre-war condo offers "exclusive" full-floor residences in a building once home to Hollywood royalty Grace Kelly. The "distinguished" address and "classic" architecture epitomize old-world Manhattan elegance.

Sales History by Apartment Size

View Full Closing History
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Pricing Comparison of Similar Buildings

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Noteworthy Residents

Notable past and present residents at 988 Fifth Avenue

Editorial Coverage

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