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Residential Income Property with Guest Apartment

944 5TH Avenue 11FLR/MAIS, New York City, NY 10021

For Sale
$47,500,000

An 11th-floor residence includes a separate two-bedroom maisonette with its own Fifth Avenue entrance.

Property SizeContact for details
Days on Market123

Property Features for 944 5TH Avenue 11FLR/MAIS

General Information

Standard status Active
Elevators Yes
Property subtype Apartment

Units

Unit Mix 1 x 3BR, 1 x 2BR
Multifamily Units 2

Additional Details

Road Access Yes

Amenities

full-time doorman
fitness center
central air conditioning
wood-burning fireplace
laundry room

Building Details

Year Built 1925
Buildings 1
Stories 14
Construction Italian Renaissance
Listing Agency: Corcoran Sunshine Marketing Group
Listed By: Cathy F Franklin · License NY 40FR0710876
Source: Dallien
Added: Jul 10 Changed: Nov 9 Last Checked: Nov 9 at 7:51PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Corcoran Sunshine Marketing Group

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Investment Insights

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The 11th-floor home spans an entire floor and was renovated with a layout of 11 rooms, including entertaining spaces, a library, a media room, and three en-suite bedrooms. Four exposures and thirty-two oversized windows bring in natural light; features include two wood-burning fireplaces, eight-zone central air conditioning, and a private elevator foyer. The kitchen has custom cabinetry, stone counters, a center island, and Sub-Zero, Wolf, and Miele appliances. The layout can be returned to four bedrooms. A separate, renovated maisonette is included, with two bedrooms, two bathrooms, a living room, media room, kitchen, and washer and dryer.

The building at 944 Fifth Avenue was completed in 1925 and has 14 stories. The property overlooks Central Park and the Manhattan skyline. Building amenities and services include a full-time doorman, staff, and a renovated fitness center. A storage room transfers with the apartment.

Key Highlights

  • Full‑floor residence on the 11th floor with four exposures and thirty‑two oversized windows
  • Included maisonette has two bedrooms, two bathrooms, a kitchen, media room, and private Fifth Avenue entrance
  • Two wood‑burning fireplaces and eight‑zone central air conditioning

Property Analytics

Lease Details

2
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

14,259
Businesses Nearby

Demographics for 10021, NY

45,691
Population
29,248
Households
1.6
Avg Household Size
41
Median Age
81%
College-Educated
98%
High-School Grad
0.4 sq mi
ZIP Area
114,228
Density / Sq Mi
$156,712
Median Household Income
$99,886
Median Earnings
$3,002
Median Rent
$1,529,600
Median Home Value

Market

Average Price Trend$/SF for Residential income properties in New York City, NY

$1,262 Jul
$1,095 Aug
$1,095 Sep
$1,041 Oct

Properties on Market for Residential income properties in New York City

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Residential income property - An 11th-floor residence includes a separate two-bedroom maisonette with its own Fifth Avenue entrance.
Where is this residential income property located?
The property is located at 944 5TH Avenue 11FLR/MAIS New York City, NY.
What is the asking price?
The asking price for this property is $47,500,000.
What are key features of this property?
This property features: Full‑floor residence on the 11th floor with four exposures and thirty‑two oversized windows; Included maisonette has two bedrooms, two bathrooms, a kitchen, media room, and private Fifth Avenue entrance; Two wood‑burning fireplaces and eight‑zone central air conditioning
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