Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
998 5th Avenue #1W

For Sale · Listing by Sothebys International Realty

998 5th Avenue #1W

Upper East Side, Manhattan

$18,750,000

Interested in this property?
Active For Sale • Co-op

$18,750,000

$3,731 per sq ft

998 5th Avenue #1W

Upper East Side, Manhattan

MLS® #RLS20117491

RLS at REBNY

Listing by Sothebys International Realty

3
Bedrooms
5.5
Baths
5,025
Sq. Ft.
1912
Year Built

Quick Summary

Bedrooms 3
Bathrooms 0 full, 1 half
Living Area 5,025 sq ft
Lot Size 12,771.25 sq ft
Year Built 1912
Ownership Co-op
Maintenance $17,250/mo
Neighborhood Upper East Side
Floor 1 of 12

Property Highlights

  • Views: See Remarks
  • Exposure: South,West facing
  • Fireplace: 1 fireplace

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 9
Baths 5 Full, 1 Half
Floor 1 of 12
View See Remarks
Exposure South,West
Cooling Central Air, Other
Pets Yes, CatsOk, DogsOk
Year Built 1912
Living Area 5,025 sq ft
Structure Type HighRise
Flooring Hardwood
Furnished Unfurnished
Lot Size 12,771.25 sq ft
Parcel # 1493-0001-00998-000-000001W
Block/Lot 01493/0001

Listing History

Event Date Price Change
Listed Sep 25, 2026 $18,750,000 -
Currently Sep 26, 2026 $18,750,000 -

Description

Presenting a magnificent fourteen-into-eleven room simplex maisonette in triple-mint condition, distinguished by extraordinary scale and proportions, and exquisite architectural detail. Located within 998 Fifth Avenue, one of the Upper East Side’s most beautiful and distinguished cooperative buildings, this exceptional residence is one of just seventeen apartments in a landmark building designed by McKim, Mead & White. Expansive and spanning over 5,000 square feet, the apartment has been recently renovated by Julie Hillman, and the pleasing result has been featured in numerous publications. Systems throughout are state-of-the-art. This is a residence of rare sophistication, ideally suited to a discerning buyer with a taste for timeless elegance and refined living. The residence features delightfully sun-flooded interiors, ceilings soaring above 12 feet, two wood-burning fireplaces, and oversized French windows overlooking the fountains and iconic limestone façade of the Metropolitan Museum of Art, as well as the trees lining Fifth Avenue. Uniquely, the residence offers two entrances: one through the building’s majestic interior lobby at 998 Fifth Avenue, and the other its own private entrance directly from Fifth Avenue, with its own distinct address: 999 Fifth Avenue. Entered from the 998 Fifth Avenue lobby, the residence opens to a gracious Foyer leading into a truly dramatic Gallery, which retains its handsome wood paneling, Tennessee marble floors, and carved plaster ceiling. Stretching nearly 33 feet in length, the Gallery sets the tone for the apartment’s extraordinary public rooms. It adjoins an immense Living Room, over 42 feet in length, anchored by a wood-burning fireplace and framed by three large windows facing Fifth Avenue. Opening from the Living Room are two more intimate rooms, also overlooking Fifth Avenue: a sumptuous wood-paneled Library and a sunlight-drenched Den, the latter with its own wood-burning fireplace and en suite bath. Conveniently located off the Gallery are a Powder Room and multiple coat closets. A vast, fully-equipped chef’s eat-in Kitchen has been designed to support both grand entertaining as well as extremely comfortable daily life. There are two separate bedroom wings, both set off from the common rooms. On the southern side of the residence is an enormous Primary Bedroom Suite, with a large corner bedroom awash with southern and western sunlight, two bathrooms, and two large custom-fitted dressing rooms. On the northern side of the apartment are two additional bedrooms, each with its own bathroom, one with very ample closet space. A large laundry room is also located in this wing. Residents of 998 Fifth Avenue enjoy the highest level of service, security, and discretion. This white-glove cooperative, comprised of only 17 residences, offers a recently renovated state-of-the-art fitness center. The apartment also transfers with two sizable private storage rooms, as well as a separate large cold storage bin for wine. An architectural masterpiece, 998 Fifth Avenue was designed between 1910 and 1912 by William Richardson of McKim, Mead & White. At once palatial and understated, the building is crowned by a richly detailed copper cornice and frieze. Most notably, its stately entrance is protected by a remarkable fully glazed ironwork marquee, whose ornate detailing provides a striking contrast to the building’s limestone façade. Long considered a landmark in residential apartment living, 998 Fifth Avenue represents a standard of elegance that has often been aspired to, but rarely achieved.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common On Floor Common Area Flooring: Hardwood Fireplace (1)

Exterior Features

Building Courtyard

Building Amenities

Elevators Fitness Center

Appliances

Dryer Dishwasher Washer

Building Information

Building Data View Compliance & Permits
Total Units 17
Stories 12
Structure HighRise

Financial Details

Maintenance $17,250/mo

The 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 Neighborhood

Active Listings

306

Median Asking Price

$1.70M

Median $/Sqft

$1,485

Avg Days on Market

N/A

New This Week

27

Price Reduced

23%

Sold (30 Days)

54

Median Sale Price

$1.28M

Live data from RLS at REBNY • Updated 9/26/26, 3:31 AM EST

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Location

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998 5th Avenue #1W, Upper East Side, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1912
Year Built
114 years old
12
Floors
17
Residential Units
R10
Zoning District
Elevator Apartments Historic District: Metropolitan Museum Historic District NYC Landmark

Tax & Assessment

Assessed Value: $17,604,900
Land Value: $2,245,500
Exemptions: $36,000

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 14,883 SF
Building Area: 145,230 SF
Built FAR: 9.76
Allowed FAR: 10

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

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $17,250 per month. Confirm the exact amount with Milton Coste before making an offer.

The current listed annual property tax is $0, or roughly $0 per month. Verify the current assessment with your attorney before closing.

This property has 3 bedrooms and 5 full bathrooms and 1 half bathroom.

The listed interior living area is 5,025 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1912, making it approximately 114 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pets are permitted at this property: UnitYes. Contact Milton Coste for weight limits or breed restrictions.

At the current list price of $18,750,000 for 5,025 sq ft, the asking price per square foot is approximately $3,731. 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 [email protected]. 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) 416-7433
MLS® ID: RLS20117491
First Listed: 9/25/2026
On Market: 9/25/2026
Price Changed: 9/25/2026
Contract Date: 9/25/2026

Listing Courtesy of Sothebys International Realty - Serena Boardman

Listing Contact: (212) 606-7611

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 at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 9/26/2026 at 7:31 AM UTC

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Milton Coste - NYC Real Estate Broker

Milton Coste

Licensed Real Estate Associate Broker

Keller Williams NYC

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Sale history, taxes, violations and comps for this unit

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Upper East Side Market Update

54 sales last 30 days · $1.70M median · 5.7 months supply

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Quick Facts

Status Active Type Co-op Neighborhood Upper East Side Borough Manhattan
County New York
Floor 1 of 12
Year Built 1912
First Listed 9/25/2026
Living Area 5,025 sqft
Maintenance $17,250/mo

Monthly Costs Estimate

Down Payment 20%

$3,750,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Maintenance $17,250
Total Monthly $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

$656,250

Run the numbers on a different offer price

Estimate based on the asking price. Confirm your own obligation with your real estate attorney.

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