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998 5th Avenue, New York, NY 10028 Property Information

998 5th Avenue, New York, NY 10028 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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998 5th Avenue, New York, NY 10028 5
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Address

Primary address 998 5th Avenue
Secondary address 999 5th Ave
Neighborhood Carnegie Hill
Zip code 10028
Borough Manhattan
Block & lot 01493-0001

Sales & Tax Overview for 998 5th Avenue, New York

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Tax class

Lot & Building Information for 998 5th Avenue, New York

Lot sqft 14,886
Lot dimensions 102.17 ft x 125 ft
Building class Elevator Apartments Cooperatives Building (Other than Condominiums) (XD4) i
Building sqft 145,230
Building dimensions 102 ft x 120 ft
Buildings on lot 1
Stories 12
Year built 1912
Frontage(s) East 81 Street(narrow)
District Boundary(narrow)
Nearest wide street 5 Avenue
Distance to wide street
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Zoning & Use for 998 5th Avenue, New York

Zoning
Residential units (DOF) 17
Commercial units 1
Residential sqft

Area Overview

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

School district 2
Community district 8
Closest police station 0.59 Miles
Closest fire station 0.35 Miles
Walk Icon
98 /100
Walker's Paradise Walk Score
Transit Icon
100 /100
Rider's Paradise Transit Score
Bike Icon
78 /100
Very Bikeable Bike Score

Building Description

Built in 1912 by legendary developer James T. Lee - the grandfather of future First Lady Jacqueline Onassis, 998 Fifth Avenue celebrates the design styles of the Renaissance with 17 units spread across 12 floors. Well-equipped for the high-end needs of its residents, each apartment comes with high ceilings, refrigerated wine cellars, and vaults specifically for jewelry, built into the apartment walls. A full-time doorman is on site and cats are dogs are welcome.

The building sits directly across the street from another icon of New York City, the Metropolitan Museum of Art. The majority of apartments range from flats to duplexes, while two - located on the ninth and 10th floors - have the story to themselves. Public transportation is a breeze - five subway lines run stops within three-fourths of a mile of the front door. Between 5th Avenue and Madison Avenue, the property affords residents a host of upscale, high-end shopping opportunities at nearly every turn. Zoned PS 006 is located just a block away.

Other Property Data for 998 5th Avenue, New York

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Floor area ratio (FAR) for 998 5th Avenue, New York, NY 10028, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 998 5th Avenue, New York, NY 10028, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 999 5th Ave, New York, NY 10028
  • 1002-1004 5th Ave, New York, NY 10028
  • 1005 5th Ave, New York, NY 10028
  • 1-3 E 81st St, New York, NY 10028

About 998 5th Avenue, New York

What is the year built & the total sq. ft. for 998 5th Avenue, New York, NY 10028?

998 5th Avenue, New York, NY 10028 was built in 1912 and has a total of 145,230 square feet.

What is the assessed value of 998 5th Avenue, New York, NY 10028 and the property tax paid?

Assessed at $15,739,200, the tax amount paid for 998 5th Avenue, New York, NY 10028 is $1,884,901.

When was 998 5th Avenue, New York, NY 10028 last sold?

998 5th Avenue, New York, NY 10028 was last sold in 09/30/1985.

How many residential units does this building have?

This building has 17 residential unit(s) and 1 commercial spaces.

Ownership Information for 998 5th Avenue, New York

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Property owner name for 998 5th Avenue, New York, NY 10028
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Building contacts for 998 5th Avenue, New York, NY 10028
Building management:
Representatives (from permits):
Tenants:


Real Estate Reports:
Eliza Theiss, Oct 25, 2024 Top 50 Most Expensive NYC Neighborhoods Q3 2024: With Hudson Yards Absent, SoHo Takes Top Spot for 1st Time in 8 Years
Last leading NYC’s most expensive neighborhoods in 2016, SoHo claimed the top spot with a $4.25M median sale price, while Hudson Yards had only 4 sales.
Eliza Theiss, Oct 18, 2024 2024 Q3 Foreclosure Report: NYC Caseload Drops for Third Consecutive Quarter, Marks Least Active Period Since Q4 2022
Driven by significant slowdowns in Queens and Brooklyn, NYC foreclosures reach lowest levels in seven quarters.
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Past Sales & Property History for 998 5th Avenue, New York

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No recorded sales for this property.

Title Documents for 998 5th Avenue, New York

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Date Type Amount Party 1 Party 2 Doc image
08/15/2023 - R UCC3 continuation
(2023081500334001)
06/02/2020 - R Initial UCC1
(2020060200466001)
06/01/2020 - D
06/04/2020 - R
Assignment of leases and rents
(2020060300764003)
06/01/2020 - D
06/04/2020 - R
Agreement
(2020060300764002)
06/01/2020 - D
06/04/2020 - R
Mortgage
(2020060300764001)
08/20/2018 - R UCC3 continuation
(2018081401314001)
01/14/2014 - R Initial UCC1
(2014011300546001)
01/09/2014 - D
01/23/2014 - R
Assignment of leases and rents
(2014011001031002)
01/09/2014 - D
01/23/2014 - R
Mortgage
(2014011001031001)
11/10/2003 - R UCC3 termination
(2003102900371001)
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R: Recorded date
D: Document date

Property Taxes for 998 5th Avenue, New York

Access detailed property tax data for 998 5th Avenue, New York, NY 10028. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2024-2025
Property tax: $1,884,902
Tax assessor's market value: $34,976,000
Assessed value: $15,739,200
Exemptions granted by city:

Assessment History for 998 5th Avenue, New York

Here's the assessment & property tax history for 998 5th Avenue, New York, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate% Base tax Property tax Year over year change
2023/24 $33,781,000 $15,201,450 $15,025,770 12.502% $1,883,022 $1,637,262 +11.66%
2022/23 $31,219,000 $14,048,550 $14,012,550 12.267% $1,723,336 $1,466,284 -2.74%
2021/22 $32,052,000 $14,423,400 $14,387,400 12.235% $1,764,703 $1,507,663 -18.08%
2020/21 $35,892,000 $16,151,400 $15,002,550 12.267% $1,844,779 $1,840,363 +2.84%
2019/20 $34,409,000 $15,484,050 $14,347,807 12.473% $1,794,383 $1,789,602 +5.08%

Permits for 998 5th Avenue, New York

The complete history of permits filed for 998 5th Avenue, New York, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Filing date Job type Job status Job description Initial cost
05/09/2024 Alteration
05/01/2024 Alteration
04/04/2024 Alteration
03/12/2024 Alteration
12/04/2023 Alteration
09/27/2023 Alteration
09/08/2023 Alteration
09/07/2023 Alteration
08/24/2023 Alteration
07/31/2023 Alteration
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Carnegie Hill Residential Market Stats

Access a detailed real estate market overview of Carnegie Hill so you can assess current trends, home values, types of properties sold and transaction volume.
View the median home sale price in Carnegie Hill and compare it to other neighborhoods in Manhattan.

Median Sale Price
$2,100,000
-6.7% YoY
Median Price/Sqft
$1,528
-3.5% YoY
Manhattan Median Sale Price
$1,150,000
-2.8% YoY

Check out recently sold homes in Manhattan and see how their prices compare.

Risk

FEMA flood zone(s): X (See more on map)

Transportation

Distance to Subway
Closest station Lexington Ave & 77th St at NW Corner
Station lines 6
Distance (miles) 0.336
View subway map
Bus Routes
Name 5 Av/East 81 St
Line M1
Distance (miles) 0.026

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
P.S. 6 Lillie D Blake 10 Yes Public PK, K-5 669 0.10
P.S. 6 Lillie D Blake 10 Yes Public PK, K-5 669 0.10
Rudolf Steiner School NR No Private PK, K-12 0 0.10
Rudolf Steiner School NR No Private PK, K-12 0 0.10
Rudolf Steiner School NR No Private PK-12 299 0.11

Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Jhs 167 Robert F Wagner 9 Yes Public 6-8 1,378 0.50
Rudolf Steiner School NR No Private PK, K-12 0 0.10
Rudolf Steiner School NR No Private PK-12 299 0.11
Marymount School of NY NR No Private PK, K-12 0 0.12
Marymount School Of New York NR No Private PK-12 762 0.12

Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Rudolf Steiner School NR No Private PK, K-12 0 0.10
Rudolf Steiner School NR No Private PK-12 299 0.11
Marymount School of NY NR No Private PK, K-12 0 0.12
Marymount School Of New York NR No Private PK-12 762 0.12
Loyola School NR No Private 9-12 208 0.19

Neighbors for 998 5th Avenue, New York

Here are the neighbors for 998 5th Avenue, New York, NY 10028.

Address Square feet Purchase date Purchase price
7 World Trade Ctr, New York 1,636,000 11/01/2017 $28,050,000
30 W 89th St, New York 6,282 12/29/1999
4580 Broadway, New York 106,464 08/13/1996
3671 Broadway, New York 69,876 03/18/2015 $27,000,000
423 W 141st St, New York 3,440 10/22/2021 $2,925,000
1503 Lexington Ave, New York 11,330 03/04/1998
257 W 136th St, New York 2,550 10/18/2017
675 3rd Ave, New York 289,356 01/01/2009
450 Park Ave, New York 296,915 06/24/2022 $445,000,000
44 E 132nd St, New York 14,277 01/14/2014 $200,000
410 W 56th St, New York 7,500 01/31/1996
68 Laight St, New York 18,788 08/07/1973
105 E 24th St, New York 26,142 03/25/2015 $25,053,000
125 4th Ave, New York 3,660 04/19/2001
512 7th Ave, New York 553,748 05/09/2002
450 Lexington Ave, New York 10/02/2020
4530 Broadway, New York 62,514 02/06/1998
20 River Ter, New York 356,786
16 W 22nd St, New York 137,007 04/24/1985
183 Madison Ave, New York 233,484 02/25/2019
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