Duplex Penthouse Condominium with
988 5TH Avenue PH, New York City, NY 10075
For Sale
$24,950,000
A private elevator landing serves this residence in a 14-unit prewar condominium overlooking Central Park.
Property SizeContact for details
Days on Market174
Property Features for 988 5TH Avenue PH
General Information
Standard status
Elevators
Property subtype
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
private elevator landing
double-sided fireplace
skylit chef's kitchen
hammam spa
soaking tub
bespoke dressing room
gym
sauna
spa
rooftop terrace
pergola
wet bar
outdoor gym
outdoor showers
automated irrigation
centralized lighting
museum-quality central air-conditioning
full-time doorman
live-in resident manager
private storage
white-glove service
Building Details
Year Built
Construction
Listing Agency:
Corcoran Group
Listed By:
Noble Black · License NY #10301211307
(347) 526-3308
Source:
Dallien
Added: May 20
Changed: Nov 7
Last Checked: Nov 9 at 3:27PM
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 Group
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Investment Insights
Based on property information with market context.
This duplex penthouse spans two levels in a 14-residence condominium completed in 1925. Approximately 6,000 square feet of combined interior and exterior space includes landscaped terraces, floor-to-ceiling windows, and sliding glass doors. The main floor has a corner living room with a double-sided fireplace, formal dining room, kitchen, and two bedroom suites. A spiral staircase leads to a wellness area with a gym, sauna, and spa; the upper guest suite opens to a wraparound rooftop terrace with a pergola, wet bar, outdoor gym, and three outdoor showers.
The building is on Fifth Avenue, with Central Park views. Each residence has a private elevator landing. Building services include a full-time doorman, live-in resident manager, and private storage. Recent work includes facade restoration and modernization of the passenger and service elevators.
The building is on Fifth Avenue, with Central Park views. Each residence has a private elevator landing. Building services include a full-time doorman, live-in resident manager, and private storage. Recent work includes facade restoration and modernization of the passenger and service elevators.
Key Highlights
- Approximately 6,000 square feet of combined interior and exterior space
- Two‑level residence with landscaped terraces and a wraparound rooftop terrace
- Central Park views from the residence
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
15,531
Businesses Nearby
Explore this area
Business Placement
Demographics for 10075, NY
27,796
Population
16,415
Households
1.7
Avg Household Size
41
Median Age
85%
College-Educated
98%
High-School Grad
0.2 sq mi
ZIP Area
138,980
Density / Sq Mi
$146,556
Median Household Income
$112,549
Median Earnings
$2,390
Median Rent
$1,097,800
Median Home Value
Market
Average Price Trend$/SF for Residential income properties in New York City, NY
Properties on Market for Residential income properties in New York City
Frequently Asked Questions
What type of property is this?
Residential income property - A private elevator landing serves this residence in a 14-unit prewar condominium overlooking Central Park.
Where is this residential income property located?
The property is located at 988 5TH Avenue PH New York City, NY.
What is the asking price?
The asking price for this property is $24,950,000.
What are key features of this property?
This property features: Approximately 6,000 square feet of combined interior and exterior space; Two‑level residence with landscaped terraces and a wraparound rooftop terrace; Central Park views from the residence
