Fifth Avenue
Building Profile ·
998 Fifth Avenue
998 Fifth Avenue, New York, NY 10028 (at East 81st Street, opposite the Metropolitan Museum of Art)
AT A GLANCE
Type
Cooperative
About the building
Why 998 Fifth matters
998 Fifth Avenue is the building that proved wealthy New Yorkers would live in apartments. When McKim, Mead & White completed it in 1912, the conventional wisdom held that families of substantial means belonged in single-family Fifth Avenue townhouses — not in shared buildings, which were…
Recent Sales
Last 5–10 closed sales at 998 Fifth Avenue (replace this section with current ACRIS data — pull at publication time and refresh quarterly):
[Recent sales table to be populated from ACRIS]
Sales context at 998 Fifth:
Inventory turnover is slow — multi-year gaps between transactions are not uncommon.
Apartments routinely…
What to know if you're buying
Financing is not permitted. 998 Fifth is among the Gold Coast co-ops that require 100% cash purchases — no mortgage financing of any kind. This is the building's most consequential structural fact and aligns it with 740 Park, 834 Fifth, and a small number of other tier-one Gold Coast co-ops…
What to know if you're selling
Marketing is largely private. Most 998 Fifth transactions occur with limited or no public marketing. The buyer pool is small, institutional, and accessible primarily through private broker networks.
Pricing requires building-specific context. Comparable sales are sparse given turnover velocity; apartment-to-apartment heterogeneity is substantial. Pricing benefits from familiarity with the building's…
The Roebling Team at
998 Fifth Avenue
The Roebling Team at Compass specializes in Central Park West, the Upper East Side, and the broader Park-facing Manhattan market. We publish this building profile because Gold Coast buyers and sellers deserve building-specific intelligence — architecture, board culture, transactional mechanics, and the realities of pricing at the apartment level —…