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Residential Income Property with Private Entrance
New
For Sale
$18,750,000

998 5th Avenue 1W, New York City, NY 10028

A renovated, expansive residence offers separate bedroom wings, a chef’s kitchen, and access from both the lobby and Fifth Avenue.

Property Size5,025 SF
Price / SF$3,731
Days on Market7

Property Features for 998 5th Avenue 1W

General Information

Standard status Active
Size 5,025 SF
Property subtype Apartment

Building Details

Building Size 5,025 SF
Year Built 1912
Listing Agency: Sothebys International Realty
Listed By: Serena Boardman
Source: Miradorrealestate
Added: Sep 25 Changed: Sep 28 Last Checked: Oct 1 at 4:46PM

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 Sothebys International Realty

Investment Insights

Based on property information with market context.

This 5,000-plus-square-foot residence combines an expansive public-room layout with separate bedroom wings. The 14-room apartment is configured as 11 rooms and includes a gallery, a living room, a library, a den, and a fully equipped eat-in kitchen. The primary suite has two bathrooms and two dressing rooms; two additional bedrooms each have a bathroom. Two wood-burning fireplaces, ceilings above 12 feet, a laundry room, and two entrances—including a private Fifth Avenue entrance—complete the layout. The apartment was renovated by Julie Hillman and includes two private storage rooms and a separate wine-storage bin.

The home occupies 998 Fifth Avenue, a landmark cooperative building completed in 1912 with 17 residences. Oversized French windows face the Metropolitan Museum of Art, Fifth Avenue, and its tree-lined streets. Building amenities include a fitness center, service, and security.

Key Highlights

  • More than 5,000 square feet, with a 14‑room layout configured as 11 rooms
  • Two entrances: the building lobby and a private entrance from Fifth Avenue
  • Primary suite with two bathrooms and two fitted dressing rooms; two additional bedrooms, each with a bathroom

Property Analytics

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Current Use

998 Fifth Avenue Housing Cooperative Mph Enterprises LLC Financial Advisor RGT Utilities Inc Construction Company

Suggested Use

Top Pick Law Firm Auto Repair Shop Accounting Firm Barber Shop Auto Parts Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

15,531
Businesses Nearby

Demographics for 10028, NY

48,116
Population
29,535
Households
1.6
Avg Household Size
39
Median Age
83%
College-Educated
98%
High-School Grad
0.3 sq mi
ZIP Area
160,387
Density / Sq Mi
$168,125
Median Household Income
$116,860
Median Earnings
$2,702
Median Rent
$1,600,400
Median Home Value
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Frequently Asked Questions

What type of property is this?
Residential income property - A renovated, expansive residence offers separate bedroom wings, a chef’s kitchen, and access from both the lobby and Fifth Avenue.
Where is this residential income property located?
The property is located at 998 5th Avenue 1W New York City, NY.
What is the asking price?
The asking price for this property is $18,750,000.
What are key features of this property?
This property features: More than 5,000 square feet, with a 14‑room layout configured as 11 rooms; Two entrances: the building lobby and a private entrance from Fifth Avenue; Primary suite with two bathrooms and two fitted dressing rooms; two additional bedrooms, each with a bathroom
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