--- title: "988 5th Avenue #6, New York City, NY 10075" description: "988 5th Avenue #6, New York City, NY 10075 — Upper East Side, New York City, NY. Listing Price $18,500,000. In contract 8/26/2026. 5 bed, 5 bath, 3,550 sqft Illustrative Buyer Commission Share of $277,500 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10075/988-5th-avenue-6-ny-10075" source: "Real Estate Rebate Team" dateModified: "2026-08-26T18:00:56.683Z" status: "Pending" --- # 988 5th Avenue #6, New York City, NY 10075 Upper East Side, New York City, NY Courtesy of Compass Last updated: August 26, 2026, 2:00 PM ## At a Glance - **Listing Price**: $18,500,000 - **Status**: In contract 8/26/2026 In Contract/Lease Signed indicates an offer has been made and accepted by the seller/landlord, with the deal pending completion. - **Beds**: 5 - **Total Baths**: 5 - **Sqft**: 3,550 - **Common Charges**: $7,380 / mo - **Monthly Taxes**: $5,206 / mo - **Price per Sqft**: $5,211 - **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**: $18,500,000 - **Illustrative Buyer Commission Share**: -$277,500* - **Illustrative Net Cost**: $18,222,500 *Illustrative Buyer Savings of $277,500 — 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) ![988 5th Avenue #6, New York City, NY 10075 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e7ffcb6f-b798-4ecc-aa0f-d6a0eadcc45f.jpg) ![988 5th Avenue #6, New York City, NY 10075 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/57cc4e9a-90ec-427f-9367-785f13d41457.jpg) ![988 5th Avenue #6, New York City, NY 10075 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/588a191f-3987-433c-ab8a-b2441f353756.jpg) ![988 5th Avenue #6, New York City, NY 10075 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d2b1cc73-91ff-4bd8-9371-4efbac099b45.jpg) ![988 5th Avenue #6, New York City, NY 10075 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6bf40022-e330-49a0-9923-600f7ace62e9.jpg) ![988 5th Avenue #6, New York City, NY 10075 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d9b82745-91ae-4434-b337-159c4c269879.jpg) ![988 5th Avenue #6, New York City, NY 10075 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e8a3204d-ed64-4029-8bfd-9b5669b3b512.jpg) ![988 5th Avenue #6, New York City, NY 10075 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b95fded8-4363-4cd5-b2e6-da083065f650.jpg) ![988 5th Avenue #6, New York City, NY 10075 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3f3d8d2e-72be-4514-81ae-b861fcbafdfb.jpg) ![988 5th Avenue #6, New York City, NY 10075 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/0d250e19-b0ec-49fe-bd47-6b71712e12d1.jpg) ## Property Overview 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 ## Property Details - **Property Type**: Condominium - **Beds**: 5 - **Total Baths**: 5 - **Rooms**: 9 - **Sqft**: 3,550 sqft - **Stories**: 15 - **Year Built**: 1925 - **Price per Sqft**: $5,211 - **Common Charges**: $7,380 / Monthly - **Monthly Taxes**: $5,206 / mo - **Listed On**: Feb 18, 2026 - **Days on Market**: 207 Days ### Residence Features - Central Air - Common On Floor - Common Area - Laundry Room - In Unit - Private Entrance - Private Outdoor Space Under 60 Sqft - Built-in Features - Crown Molding - Double Vanity - High Ceilings - His and Hers Closets - Kitchen Island - Recessed Lighting - Walk-In Closet(s) - Range - Refrigerator - Range Hood - Hardwood - Park/Greenbelt ## Sales Evidence ### Recent closed sales 3 apartments at 988 5th Avenue have recorded sales since September 2021, the most recent for $16,250,000 in October 2025. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | 12 (Apartment) | 4 | 3,280 | $16,250,000 | $4,954/ft² | October 15, 2025 | City record · MLS | | 4 (Apartment) | 3 | — | $17,500,000 | — | September 22, 2025 | City record · MLS | | 12 (Apartment) | 4 | 3,400 | $14,625,000 | $4,301/ft² | April 20, 2022 | City record · MLS | 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 The median closed price for comparable condo five-bedroom sales in Upper East Side is $9,000,000, based on 5 sales between May 2025 and May 2026. This home is asking $18,500,000, $9,500,000 above that median. The middle half of those sales closed between $8,400,000 and $11,735,563. - **Median closed price**: $9,000,000 - **Middle half**: $8,400,000 – $11,735,563 - **Based on**: 5 condo five-bedroom sales in Upper East Side - **Period**: May 2025 – May 2026 - **Median $/ft²**: $2,772/ft² Across the 5 of these sales with a published asking price, the median closed at 102.7% of what it originally asked. 40% of them closed below the original ask. 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 - **Sold vs original ask**: 102.7% of the original ask - **Closed below ask**: 40% of 5 sales - **Listed → in contract**: 233 days (about 33 weeks) - **In contract → closed**: 63 days (about 9 weeks) Across the 5 of these sales with a published asking price, the median closed at 102.7% of what it originally asked. 40% of them closed below the original ask. Half of these homes were in contract within 233 days (about 33 weeks) of coming to market, based on the 5 with a recorded listing date. Once a deal was agreed, closing took a further 63 days (about 9 weeks), based on the 3 with both dates recorded. 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. Based on 5 condo five-bedroom sales in Upper East Side, May 2025 – May 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ. 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 988 5th Avenue](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/988-5th-avenue) ## Price and Property History for 988 5th Avenue, Unit 6 Review the recorded listing activity for 988 5th Avenue, Unit 6, including asking-price changes and prior market dates. - **Entered contract**: August 26, 2026 | Date | Price | Listing event | | --- | --- | --- | | August 26, 2026 | $18,500,000 | Entered contract | | January 22, 2026 | $18,500,000 | Listed for sale by Compass | ## Property Tax History Taxes at 988 5th Avenue #6 were $64,803 in 2026, up 3.2% from 2025. | Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate | | --- | --- | --- | --- | --- | --- | --- | | 2026 (FY 2026/27) | $549,648 | $108,000 | $441,648 | $518,420 | $64,803 | 12.5% (estimated) | | 2025 (FY 2025/26) | $541,404 | $108,000 | $433,404 | $502,251 | $62,781 | 12.5% (estimated) | | 2024 (FY 2024/25) | $509,256 | $108,000 | $401,256 | $498,722 | $62,340 | 12.5% | | 2023 (FY 2023/24) | $500,616 | $108,000 | $392,616 | $500,616 | $41,093 after $21,494 abatement | 12.502% | | 2022 (FY 2022/23) | $491,184 | $108,000 | $383,184 | $491,184 | $18,132 after $42,122 abatement | 12.267% | | 2021 (FY 2021/22) | $499,500 | $108,000 | $391,500 | $499,500 | $20,251 after $40,863 abatement | 12.235% | | 2020 (FY 2020/21) | $553,248 | $108,000 | $445,248 | $510,011 | $62,563 | 12.267% | | 2019 (FY 2019/20) | $540,792 | $108,000 | $432,792 | $490,295 | $61,154 | 12.473% | | 2018 (FY 2018/19) | $515,196 | $108,000 | $407,196 | $468,926 | $59,141 | 12.612% | | 2017 (FY 2017/18) | $475,524 | $108,000 | $367,524 | $449,241 | $57,139 | 12.719% | | 2016 (FY 2016/17) | $465,300 | $108,000 | $357,300 | $434,940 | $56,072 | 12.892% | | 2015 (FY 2015/16) | $454,680 | $108,000 | $346,680 | $419,319 | $54,021 | 12.883% | | 2014 (FY 2014/15) | $433,944 | $108,000 | $325,944 | $397,185 | $51,058 | 12.855% | | 2013 (FY 2013/14) | $416,772 | $108,000 | $308,772 | $373,598 | $49,109 | 13.145% | | 2012 (FY 2012/13) | $404,028 | $108,000 | $296,028 | $348,493 | $45,935 | 13.181% | | 2011 (FY 2011/12) | $414,972 | $108,000 | $306,972 | $327,674 | $44,016 | 13.433% | | 2010 (FY 2010/11) | $370,800 | $108,000 | $262,800 | $302,456 | $40,387 | 13.353% | The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one. Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls. Where an abatement applies, Property Tax is the amount owed after it. Abatements are granted to the property and do not necessarily transfer to a new owner. Figures are the New York City Department of Finance assessment roll for tax lot 1014911405. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change. [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### 988 5th Avenue Upper East Side · Duplex 988 5th Avenue, New York, NY 10075 A building in Upper East Side, currently featuring 2 active listings. - **Year Built**: 1925 - **Total Units**: 2 - **Floors**: 15 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/988-5th-avenue) ### Available Residences — For Sale (2) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [6](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10075/988-5th-avenue-6-ny-10075) | 5 | 5 | 3,550 sqft | $5,211 | $18,500,000 — In contract | Compass | Feb 18, 2026 | 206 days | | [PH](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10075/988-5th-avenue-ph-PH-ny-10075) | 3 | 4 | — | — | $24,950,000 (-10.7%) | Corcoran Group | May 20, 2026 | 115 days | ## Estimated Monthly Payment **$106,132 / month**, assuming a 20% down payment ($3,700,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $93,546 - **Property Taxes**: $5,206 - **Common Charges**: $7,380 Estimates only. Actual payments may vary. Confirm terms with your lender. ## 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 - [988 5th Avenue — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/988-5th-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.