- Overview
- Description
- Property Details
- Location
- HOA Management
- Facts & Features
- Getting Around
$29,000,000
Monthly Est:$144,344
3 Beds
- 4 Baths
3 full baths + 1 half bath
3,000sqft
988 5Th Ave #PENTHOUSE, New York, NY 10075
$29,000,000
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Condominium
Built in 1925
$7,350/mo HOA
-- sqft lot
$9,667/sq.ft
Description
Irreplaceable Duplex Penthouse in Boutique J.E.R. Carpenter-Designed Condominium Fifth Avenue & 80th Street
Perched atop a landmark Italian Renaissance-style prewar condominium designed by J.E.R. Carpenter and built in 1926, this one-of-a-kind duplex penthouse occupies an iconic location at Fifth Avenue and 80th Street-directly across from the Metropolitan Museum of Art-with sweeping, protected views of Central Park.
Set within a discreet white-glove boutique condominium of just 14 full-floor residences, each accessed via private elevator landing, the building is the most established among the few prewar condominiums on Fifth Avenue. Once home to the legendary Grace Kelly, it carries a legacy of timeless elegance and cultural distinction. The penthouse offers a rare chance to own a truly irreplaceable trophy property-one with panoramic views that can never be obstructed. Exceptional seclusion and security provide total privacy, both within the residence and the building itself.
Spanning two full floors, the home features over 3,000 square feet of park-facing outdoor space, seamlessly integrated with both Central Park and the interior living areas. Floor-to-ceiling windows frame unobstructed views of the park and skyline, offering breathtaking sunsets and a magnificent setting for entertaining.
The main level offers a gracious layout with a corner living room, formal dining room, chef's kitchen, and two bedroom suites. The primary suite includes a spa-style bath with Jacuzzi tub, private hammam, and a custom mahogany and cashmere-upholstered dressing room. The second bedroom is a private guest suite with direct terrace access and an en-suite bath featuring a skylight that infuses the space with natural light. A wraparound terrace completes the floor, accommodating outdoor dining for over twenty guests along with lounging and entertaining areas.
The upper level includes a third bedroom-currently configured as a guest suite-alongside a fully equipped gym with sauna and private hammam. This level opens to a spectacular wraparound terrace with multiple dining and lounging zones, an outdoor bar, a covered pergola, and a self-sustaining seasonal herb garden. Three private outdoor showers serve the primary suite, gym, and upper guest suite, respectively.
Dedicated mechanical rooms house independent water pumps and a museum-quality central air conditioning system, ensuring year-round comfort and efficiency throughout the penthouse.
Additional highlights include:
- Two private hammams (primary suite and upper guest suite)
- Impeccably landscaped terraces with automated irrigation and centrally controlled lighting
- A refined, quiet setting in one of the Upper East Side's most intimate and prestigious condominiums
The building has recently completed modernization of both passenger and service elevators and a full LL11 facade restoration.
This Fifth Avenue penthouse is a singular opportunity-an extraordinary residence of architectural pedigree, enduring quality, and unmatched privacy. With exceptional outdoor space, landmark views, and the rare flexibility of prewar condominium living, it stands among New York City's most coveted homes.
- Houzeo last checked: 1 minute ago
- Listing updated: March 9, 2026 at 4:57 pm
- Listing Provided by: Leighton C Candler (917) 868-9754 , Jennifer A Reardon (212) 303-6671 | Corcoran Group (212) 355-3550
- Source: Rebny MLS-NY | MLS#: RLS20040490

This condo is in:
Property Details
Status
Active
Type
Condominium
No. of Stories
15
County
City
Neighborhood
Year Built
1925
HOA Fees
$7350/mo
Finished Area
3,000 sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
Rebny MLS
MLS Number
RLS20040490
Days on Market
459

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Location
HOA Management
N/A
HOA Fees
$7,350/ Monthly
Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 4
Interior
Interior Features
Separate Formal Dining Room
Appliances
Washer Dryer Allowed
Exterior Features
Private Outdoor Space Over60sqft
Utilities & Energy
Basement
Other
Fireplace Features
Other
Laundry Features
Building None, In Unit
Other Features
Patio And Porch Features
Deck, Terrace, Wrap Around
Subdivision Name
Upper East Side
Price History
| Date | Event | Price |
|---|---|---|
08/01/2025 Source: | Listed for Sale | $29,000,000 $9,667/sqft |
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The real estate listing data marked with this icon comes from the IDX program of the RLS at REBNY Listing Service (RLS). Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS") through Nov 04, 2026, 07:30AM. Information deemed reliable but not guaranteed. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Buyer to verify all information. © 2026 The Real Estate Board of New York, Inc. All rights reserved.
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