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 façade 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.
Active
$29,000,000
988 5th Ave #PENTHOUSE, New York, NY 10075
3beds
5,980sqft
Condominium
Built in 1926
-- sqft lot
$-- Zestimate®
$4,849/sqft
$7,350/mo HOA
What's special
Floor-to-ceiling windowsOutdoor barSpectacular wraparound terraceSelf-sustaining seasonal herb gardenPanoramic viewsAutomated irrigationBreathtaking sunsets
- 17 days
- on Zillow |
- 4,771 |
- 132 |
Zillow last checked: 7 hours ago
Listing updated: August 01, 2025 at 02:29pm
Listing by:
Corcoran 212-937-6677,
Leighton Candler
Source: StreetEasy,MLS#: S1781408
Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Cooling
- Central Air
Features
- Has fireplace: Yes
- Fireplace features: Gas
Interior area
- Total structure area: 5,980
- Total interior livable area: 5,980 sqft
Video & virtual tour
Property
Features
- Patio & porch: Terrace, Other, Deck
- Exterior features: Balcony, Private Roof Deck, Terrace
- Has view: Yes
- View description: City, Garden, Park/Greenbelt, Skyline
Details
- Special conditions: Resale
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Condition
- Year built: 1926
Community & HOA
Community
- Features: Doorman, Full Time Doorman
- Security: Doorman, Full-Time Doorman
- Subdivision: Upper East Side
HOA
- Has HOA: Yes
- Amenities included: Elevator(s)
- Services included: Maintenance
- HOA fee: $7,350 monthly
Location
- Region: New York
Financial & listing details
- Price per square foot: $4,849/sqft
- Annual tax amount: $30,000
- Date on market: 8/1/2025
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