- Overview
- Description
- Property Details
- Location
- HOA Management
- Facts & Features
- Getting Around
$24,950,000
Monthly Est:$124,185
3 Beds
- 4 Baths
3 full baths + 1 half bath
--sqft
988 5th Avenue #PH, New York, NY 10075
$24,950,000
Get Pre-Approved
Condominium
Built in 1925
$7,384/mo HOA
-- sqft lot
--/sqft
Description
Fifth Avenue's Most Exclusive Duplex Penthouse Condominium Residence
Perched atop one of the few true prewar condominium buildings on Fifth Avenue, this extraordinary duplex penthouse commands sweeping views over Central Park. Designed in 1926 by renowned architect J. E. R. Carpenter, the Italian Renaissance-style building is widely regarded as one of Fifth Avenue's premier boutique condominiums and has counted notable residents including Grace Kelly among its distinguished history. Comprised of just fourteen full-floor residences, each accessed via private elevator landing, the building offers a rare level of privacy, scale, and discretion seldom found in Manhattan.
Encompassing approximately 6,000 square feet of combined interior and exterior living spaces across two dramatic levels, including expansive landscaped terraces, the residence was custom created to be an exceptional private retreat above Central Park. Floor-to-ceiling windows and sliding glass doors seamlessly connect the interiors to the outdoor spaces while framing breathtaking, permanently protected park views.
Designed to accommodate both grand-scale entertaining and intimate daily living, the main level features an oversized corner living room centered around a dramatic double-sided fireplace, a formal dining room, and a skylit stainless-steel chef's kitchen - each opening directly onto the terrace. Two exceptional bedroom suites complete this level, including a spectacular primary suite overlooking Central Park, appointed with a hammam spa, soaking tub, and bespoke mahogany dressing room upholstered in cashmere. A private wellness retreat, complete with a gym, sauna, spa, and direct terrace access, is accessible via a sculptural spiral staircase.
Ascending from the dining room, an additional guest suite opens onto a remarkable wraparound rooftop terrace featuring a covered pergola, wet bar, outdoor gym, multiple lounge and dining areas, and three outdoor showers. Thoughtfully landscaped for year-round enjoyment, the terraces create an atmosphere unlike any other residence along Fifth Avenue.
Throughout the home, architectural detailing has been meticulously considered, complemented by sophisticated infrastructure including dedicated mechanical rooms, independent water pumps, and museum-quality central air-conditioning systems. Automated irrigation and centralized lighting further enhance the terraces and gardens in every season.
Residents enjoy the discretion and white-glove service long associated with 988 Fifth Avenue, including a full-time doorman, live-in resident manager, and private storage. Recent capital improvements include a comprehensive facade restoration and modernization of both the passenger and service elevators.
Combining architectural pedigree, irreplaceable Central Park views, extraordinary outdoor living, and the flexibility of condominium ownership, this penthouse presents a rare opportunity to acquire one of New York City's most private and iconic residences.
- Houzeo last checked: 8 minutes ago
- Listing updated: September 8, 2026 at 7:04 pm
- Listing Provided by: Noble Black (347) 526-3308 , Jennifer Stillman (917) 584-6454 | Corcoran Group (212) 355-3550
- Source: Rebny MLS-NY | MLS#: RLS20092420

This condo is in:
Property Details
Status
Active
Type
Condominium
No. of Stories
15
County
City
Neighborhood
Year Built
1925
HOA Fees
$7384/mo
Finished Area
- sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
Rebny MLS
MLS Number
RLS20092420
Days on Market
167

Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Location
HOA Management
N/A
HOA Fees
$7,384/ 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
Appliances
Dishwasher, Washer Dryer Allowed
Exterior Features
Private Outdoor Space Over60sqft
Interior Features
Separate Formal Dining Room
Utilities & Energy
Pool Features
Building None
Fireplace Features
Gas
Laundry Features
Building None
Basement
Other
Other Features
Subdivision Name
Upper East Side
Patio And Porch Features
Wrap Around, Rooftop
Price History
| Date | Event | Price |
|---|---|---|
05/20/2026 Source: | Price Decreased | $24,950,000 -10.73% $0/sqft |
05/20/2026 Source: | Listed for Sale | $27,950,000 $0/sqft |
Upper East Side Ranks # in New York, NY
Homes
Rental Prices
Median Home Price
Find Homes by Property Features in New York, NY
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, 03:00AM. 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.
Advertising Broker: Derek Greene | The Greene Realty Group






