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Pending · Listing by Compass
988 5th Avenue #6
Upper East Side, Manhattan
$18,500,000
988 5th Avenue #6
MLS® #RLS20070239
Listing by Compass
- 5
- Bedrooms
- 4.5
- Baths
- 3,550
- Sq. Ft.
- 1925
- Year Built
Quick Summary
Property Highlights
- Views: Park Greenbelt
- Exposure: North,West facing
- Fireplace: 1 fireplace
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Feb 18, 2026 | $18,500,000 | - |
| Currently | Oct 5, 2026 | $18,500,000 | - |
Description
Floating over Central Park with corner views of the Metropolitan Museum of Art from the perfect 6th floor vantage point, this pre war 3550 SF condominium is unusual for its scale, light, location and the everlasting protected views of a Fifth Avenue apartment. Boasting 50 feet of Central Park frontage, soaring over 10-foot ceilings, this fully renovated 5 bedroom apartment is uniquely one of only 2 prewar condominiums on 5th Avenue located on one of the most beautiful corners on the Upper East Side. Designed by the esteemed prewar architect J.E.R. Carpenter 988 Fifth Avenue is a full service condominium with a full time doorman and live-in resident manager, building storage, a bike room, and is pet friendly. Enter from your private elevator landing into the grand foyer that opens to both the light filled corner Living Room and the oversized Dining Room each with a custom limestone fireplace. The foyer also leads to the powder room and the oversized eat-in kitchen with custom cerused oak and hand painted cabinetry, two large SubZero refrigerators, two dishwashers, two sinks, and Miele appliances. With custom pocket doors, the main entertaining rooms can all open into one another, bringing in light, Central Park views, and loft-like expanses throughout. This allows a wonderful flow that will accommodate modern lifestyle needs yet can seamlessly transition back into classically designated spaces. The gallery leads to 4 gracious bedrooms, one of which can be converted back into a library. There is a 5th bedroom or office space and bathroom at the rear of the apartment. The apartment has a laundry area with vented dryer, ample custom closets throughout plus a dedicated storage space in the basement that transfers. There is a 2% Flip Tax Paid By Buyer. Broker owner
Features & Amenities
Interior Features
Exterior Features
Building Amenities
Appliances
Building Information
Financial Details
About Upper East Side
View All Upper East Side ListingsThe Upper East Side remains the gold standard for classic New York elegance. Known for 'Museum Mile' and its low-traffic, tree-lined streets, the neighborhood offers a refined lifestyle away from the midtown bustle. While famous for its historic cooperatives, the area has seen a recent surge in ultra-luxury new construction condos, particularly along the Second Avenue Subway corridor, making it a top choice for both traditionalists and modern buyers.
Upper East Side Live Market Data
View NeighborhoodActive Listings
316
Median Asking Price
$1.75M
Median $/Sqft
$1,543
Avg Days on Market
N/A
New This Week
12
Price Reduced
27%
Sold (30 Days)
48
Median Sale Price
$1.59M
Live data from RLS at REBNY • Updated 10/5/26, 3:38 PM EST
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Location
988 5th Avenue #6, Upper East Side, New York County
Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)
Want help estimating ownership costs or understanding building compliance? Let's discuss
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed common charges are $7,380 per month. Confirm the exact amount with Milton Coste before making an offer.
The current listed annual property tax is $62,472, or roughly $5,206 per month. Verify the current assessment with your attorney before closing.
This property has 5 bedrooms and 4 full bathrooms and 1 half bathroom.
The listed interior living area is 3,550 square feet. Verify dimensions independently during due diligence.
According to MLS records, the building was constructed in 1925, making it approximately 101 years old.
This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.
Pet policy requires confirmation with Milton Coste.
At the current list price of $18,500,000 for 3,550 sq ft, the asking price per square foot is approximately $5,211. This figure is for reference only and may differ from appraised or assessed values.
To schedule a private showing, contact Milton Coste at (917) 416-7433 or milton@miltoncoste.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.
Have a question not answered here?
(917) 416-7433Listing Courtesy of Compass - Elizabeth W Sahlman
Listing Contact: (917) 523-8200
Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). 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. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.
Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.
RLS Data display by Keller Williams NYC. Data last updated on 10/5/2026 at 7:38 PM UTC
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Upper East Side Market Update
48 sales last 30 days · $1.75M median · 6.6 months supply
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Quick Facts
Monthly Costs Estimate
$3,700,000
Source: Freddie Mac PMMS
Est. Monthly Payment
$0
Estimates only. Consult a lender for exact figures.
Mansion tax applies at this price point
New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $15M to $19,999,999 at 3.50%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.
Estimated mansion tax at asking
$647,500
Estimate based on the asking price. Confirm your own obligation with your real estate attorney.
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