---
title: "998 5th Avenue #1W, New York City, NY 10028"
description: "998 5th Avenue #1W, New York City, NY 10028 — Upper East Side, New York City, NY. Listing Price $18,750,000. 3 bed, 6 bath, 5,025 sqft Illustrative Buyer Commission Share of $281,250 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10028/998-5th-avenue-1w-ny-10028"
source: "Real Estate Rebate Team"
dateModified: "2026-09-27T08:54:50.898Z"
status: "Active"
---

# 998 5th Avenue #1W, New York City, NY 10028

Upper East Side, New York City, NY

Courtesy of Sothebys International Realty

Last updated: September 27, 2026, 4:54 AM

## At a Glance

- **Listing Price**: $18,750,000
- **Beds**: 3
- **Total Baths**: 6
- **Sqft**: 5,025
- **Common Charges**: $17,250 / mo
- **Price per Sqft**: $3,731
- **Brokerage Fee**: Share Eligible

## The Private Brokerage Advantage

As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction.

- **Contract Purchase Price**: $18,750,000
- **Illustrative Buyer Commission Share**: -$281,250*
- **Illustrative Net Cost**: $18,468,750

*Illustrative Buyer Savings of $281,250 — 50% of a 3% buyer-broker commission, shared at closing.*

[Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)

## Photos (10)

![998 5th Avenue #1W, New York City, NY 10028 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/0a85b585-0b62-46eb-a94f-679c66188def.jpg)
![998 5th Avenue #1W, New York City, NY 10028 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/58c3453c-d285-45a0-bd81-bd3d90def9df.jpg)
![998 5th Avenue #1W, New York City, NY 10028 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/46b306ff-f46e-4bde-99a9-8e8576b9fbdd.jpg)
![998 5th Avenue #1W, New York City, NY 10028 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/beb9a7f9-e021-4236-a9d9-3ec30b5518ae.jpg)
![998 5th Avenue #1W, New York City, NY 10028 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/0b6f2e80-db77-4209-846d-5487ca45cf68.jpg)
![998 5th Avenue #1W, New York City, NY 10028 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/93e5fb0b-b05d-4de0-8cb1-29789d51c4f3.jpg)
![998 5th Avenue #1W, New York City, NY 10028 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/690414f5-60df-455a-a253-6d5cabab6286.jpg)
![998 5th Avenue #1W, New York City, NY 10028 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4d176b83-af83-43a9-b5a1-216c9b58f27a.jpg)
![998 5th Avenue #1W, New York City, NY 10028 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/70883a67-a28b-4fbc-87b3-d29a493f1a2a.jpg)
![998 5th Avenue #1W, New York City, NY 10028 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/877dfcc0-1a92-41f2-8158-eed2ee09ca77.jpg)

## Property Overview

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.

## Property Details

- **Property Type**: Co-op
- **Beds**: 3
- **Total Baths**: 6
- **Rooms**: 9
- **Sqft**: 5,025 sqft
- **Stories**: 12
- **Year Built**: 1912
- **Price per Sqft**: $3,731
- **Common Charges**: $17,250 / Monthly
- **Listed On**: Sep 25, 2026
- **Days on Market**: 3 Days

### Residence Features

- Central Air
- Building Washer Dryer Install Allowed
- Common On Floor
- Common Area
- Building Courtyard
- Dryer
- Dishwasher
- Washer
- Hardwood
- See Remarks

## Estimated Monthly Payment

**$112,060 / month**, assuming a 20% down payment ($3,750,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $94,810
- **Common Charges**: $17,250

Estimates only. Actual payments may vary. Confirm terms with your lender.

## Sales and market data

### Recent sales

One apartment at 998 Fifth Avenue has a recorded sale since September 2021, the most recent for $37,500,000 in September 2025. Prices are the figures recorded with the City, not asking prices.

| Unit | Sold Price | Sold | Source |
| --- | --- | --- | --- |
| 6W (Apartment) | $37,500,000 | September 12, 2025 | City record |

Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below.

### How this price compares

- **This home**: $18,750,000
- **Median sold price**: $2,441,250
- **Difference**: +$16,308,750 (+668%)
- **This home, $/ft²**: $3,731
- **Comparable sales**: 88
- **Sales from**: September 2024 – August 2026
- **Middle half of those sales**: $1,971,250 – $3,212,500

Based on co-op three-bedroom sales in Upper East Side.

Square footage is recorded for only 20 of these 88 sales (23%), so no price per square foot is shown for this group. Co-op sales rarely carry a floor area, and a figure drawn from a handful of them would not describe the rest.

This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Upper East Side instead.

### How these sales were negotiated

- **Sale-to-list price**: 96.5% (77 sales)
- **Sold below asking**: 71% (77 sales)
- **Typical time to find a buyer**: 60 days (82 sales)
- **Typical time to close**: 105 days (82 sales)

Based on co-op three-bedroom sales in Upper East Side with the required listing and closing data. Sample sizes vary by metric.

These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure.

### Price trend

Median sale price, co-op three-bedroom sales in Upper East Side

| Year | Median sold price | Sales |
| --- | --- | --- |
| 2017 | $2,990,000 | 37 |
| 2018 | $2,250,000 | 40 |
| 2019 | $2,089,500 | 36 |
| 2020 | $1,985,000 | 27 |
| 2021 | $2,003,666 | 59 |
| 2022 | $2,120,000 | 75 |
| 2023 | $2,100,000 | 45 |
| 2024 | $2,125,000 | 38 |
| 2025 | $2,237,500 | 51 |
| 2026 YTD | $2,695,000 | 31 |

Based on recorded co-op three-bedroom sales in Upper East Side. 2026 is year-to-date.

Sales data through August 2026.

Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for.

[See every recorded sale at 998 Fifth Avenue](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/998-fifth-avenue)

## Price and Property History for 998 5th Avenue, Unit 1W

Review the recorded listing activity for 998 5th Avenue, Unit 1W, including asking-price changes and prior market dates.

| Date | Price | Listing event |
| --- | --- | --- |
| September 25, 2026 | $18,750,000 | Listed for sale by Sothebys International Realty |
| October 16, 2014 | — | Sold |

## Property Taxes

This apartment is part of a co-op that is taxed as one lot shared across 17 apartments. The corporation’s 2026 property tax bill was $1,998,079 for the whole building. Shareholders cover it through their monthly maintenance rather than a separate bill for this unit.

[See the full property tax history for 998 Fifth Avenue](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/998-fifth-avenue)

[How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology)

## About The Building

### 998 Fifth Avenue

998 Fifth Avenue, New York, NY 10028

A building in the neighborhood, currently featuring 1 active listing.

- **Year Built**: 1912
- **Active Units**: 1
- **Floors**: 12

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/998-fifth-avenue)

### Available Residences — For Sale (1)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [1W](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10028/998-5th-avenue-1w-ny-10028) | 3 | 5 | 5,025 sqft | $3,731 | $18,750,000 | Sothebys International Realty | Sep 25, 2026 | 2 days |

## Potential NYC Second-Home Tax

This property may be subject to New York City’s non-primary residence surcharge if it is not used as a qualifying primary residence. The surcharge is based on the NYC Department of Finance market value, not the listing price.

[Estimate the Potential Surcharge](https://realestaterebatesnewyork.com/calculators/nyc-second-home-tax-calculator)

## Upper East Side

Overview of Upper East Side

[Explore Upper East Side](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/upper-east-side) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

### Nearby Upper East Side

- [Central Park real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/central-park)
- [Roosevelt Island real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/roosevelt-island)
- [Upper West Side real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/upper-west-side)
- [Midtown real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/midtown)
- [Theater District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/theater-district)
- [East Harlem real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/east-harlem)

## Related Links

- [998 Fifth Avenue — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/998-fifth-avenue)
- [Upper East Side neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/upper-east-side)
- [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

---

> RLS IDX Data display by Real Estate Rebate Team. This 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

> All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.
