995 Fifth Avenue - Upper East Side Luxus-Eigentumswohnungen
Upper East Side

995 Fifth Avenue

Robert A.M. Stern’s Intimate Boutique on Museum Mile

About 995 Fifth Avenue

About 995 Fifth Avenue

995 Fifth Avenue is one of the most significant new luxury residential buildings to arrive on Manhattan's Upper East Side in recent years. Designed by Robert A.M. Stern Architects and delivered in 2023, this 19-story limestone building represents a rare addition of new construction to the stretch of Fifth Avenue that fronts Central Park, a corridor where available sites are extraordinarily scarce. Our team recognized immediately that this project would attract buyers who have long wanted a Fifth Avenue address with park views but were not willing to navigate the co-op board process at the historic prewar buildings. 995 Fifth offers the condominium alternative they have been waiting for.

RAMSA's design for 995 Fifth Avenue is a study in contextual elegance. The limestone facade references the great prewar buildings that define this stretch of Fifth Avenue, with proportioned windows, classical detailing, and a restraint that allows the building to sit comfortably alongside its storied neighbors. Inside, the residences are finished to an exceptional standard, with custom millwork, herringbone floors, stone bathrooms, and layouts that favor the kind of gracious proportions associated with prewar living rather than the open-plan minimalism of most new construction. The result feels like a new building that has absorbed the best lessons of the old ones, offering modern systems, construction quality, and condominium ownership within a classically inspired envelope.

In market terms, 995 Fifth Avenue occupies an ultra-premium position. A new condominium on Fifth Avenue overlooking Central Park is an exceptionally rare product, and the pricing reflects that scarcity. The building competes less with other new developments and more with the prewar co-ops along the same stretch of Fifth Avenue, offering buyers the park views and the address without the co-op restrictions on financing, foreign ownership, and resale. For international buyers in particular, 995 Fifth Avenue unlocks a segment of the Manhattan market that was previously inaccessible. Our team considers it one of the most compelling offerings on the Upper East Side for buyers who demand the best.

19Beiträge
30Residenzen
2023Fertigstellung
Gebäudedetails

995 Fifth Avenue at a Glance

Address

995 Fifth Avenue, New York, NY 10028

Developer

995 Fifth Avenue LLC

Architect

Robert A.M. Stern Architects

Year Completed

2023

Residences

30

Stories

19

Building Type

Eigentumswohnung

Neighborhood

Upper East Side

Verfügbare Residenzen

995 Fifth Avenue Condos for Sale

Was es besonders macht

Why Buyers Choose 995 Fifth Avenue

Fifth Avenue Central Park Views

There is no more coveted address in Manhattan real estate than Fifth Avenue overlooking Central Park. The views from 995 Fifth Avenue are permanently protected by the park itself, ensuring that the sight lines will never be compromised by future construction. For buyers who have always dreamed of a Central Park-facing Fifth Avenue home, this building delivers that vision in new-construction form. The experience of looking out over the park through every season, the spring blossoms, the summer canopy, the autumn color, the winter landscape, is something our clients describe as genuinely transformative. It is the quintessential New York living experience.

Condominium Freedom on Co-op Row

This stretch of Fifth Avenue has been dominated by prewar cooperative buildings for nearly a century, and while those buildings are magnificent, co-op ownership comes with significant restrictions. Board approval processes can be unpredictable and invasive. Financing options are often limited. Foreign buyers are frequently excluded entirely. 995 Fifth Avenue offers the same prestigious address and park views without those constraints. For international buyers, this is a game-changer. For American buyers who simply prefer the straightforward nature of condominium ownership, it removes a major barrier to living on one of the world's great residential avenues.

Robert A.M. Stern's Contextual Design

RAMSA's design for 995 Fifth Avenue demonstrates why they are the preeminent firm for luxury residential architecture in Manhattan. The building does not try to stand out or make a contemporary statement on a classical avenue. Instead, it integrates seamlessly with its prewar neighbors, using limestone, proportioned windows, and classical references to create a facade that belongs on this block. Inside, the same philosophy applies: gracious proportions, custom millwork, and finishes that feel timeless rather than trendy. For buyers who want their home to age beautifully and never look dated, RAMSA's approach is deeply reassuring.

Scarcity-Driven Value

New condominium construction on Fifth Avenue overlooking Central Park is an almost impossibly rare occurrence. Available development sites on this stretch of the avenue simply do not exist in any meaningful supply, which means that 995 Fifth Avenue occupies a market position that is unlikely to be replicated for many years, if ever. This scarcity supports premium pricing and long-term value in ways that more replicable locations cannot match. For buyers who think about real estate in terms of irreplaceability, the combination of the avenue, the park views, and the condominium structure creates a product that stands alone in the Manhattan market.

Perspektive des Beraters

Our Take on 995 Fifth Avenue

995 Fifth Avenue is the kind of building that our team gets genuinely excited about, because it solves a problem that has existed in the Manhattan luxury market for decades. Buyers who want a Fifth Avenue address overlooking Central Park have traditionally had only one option: purchase in a prewar co-op and navigate the board process, financing restrictions, and ownership limitations that come with it. 995 Fifth changes that equation entirely.

Robert A.M. Stern's design is pitch-perfect for this location. It respects the architectural heritage of the avenue without mimicking it, and the interiors deliver the kind of quality and proportion that this address demands. Our clients who have toured the building consistently tell us that it feels like it belongs, which is the highest compliment you can pay a new building on a historic block.

The honest consideration is price. A new condominium on Fifth Avenue with park views is going to command ultra-premium pricing, and 995 Fifth is no exception. Buyers need to be comfortable paying for scarcity and irreplaceability, which are real but intangible value drivers. The financial case rests on the fact that this location and this product type are essentially impossible to replicate.

For international buyers, 995 Fifth is particularly compelling. The condominium structure removes the barriers that co-op boards have historically imposed on foreign purchasers, opening up a segment of Manhattan that was previously off-limits. We work with many international clients for whom this building represents their first realistic opportunity to own on upper Fifth Avenue.

Contact our team for a confidential discussion about available inventory and how 995 Fifth Avenue compares to every other option on the Upper East Side. This is a building we believe in strongly.

Internationale Käufer willkommen

Ausländische Staatsbürger können in Manhattan Eigentumswohnungen erwerben, ohne Visum oder Aufenthaltsgenehmigung. Viele internationale Käufer nutzen LLCs für Diskretion und Nachlassplanung. Manhattan Miami ist darauf spezialisiert, internationale Käufer durch den Erwerbsprozess zu begleiten, von Finanzierungsoptionen bis zu den Abschlussformalitäten.

Lesen Sie unseren Leitfaden für internationale Käufer →

About 995 Fifth Avenue

995 Fifth Avenue - Robert A.M. Stern's Upper East Side Landmark

995 Fifth Avenue is an exclusive luxury condominium designed by Robert A.M. Stern Architects on Manhattan's Upper East Side. Completed in 2023, this elegant 19-story limestone building houses just 30 residences directly on Fifth Avenue, overlooking Central Park and the Metropolitan Museum of Art. Developed by 995 Fifth Avenue LLC, it represents one of the few new-construction opportunities on upper Fifth Avenue in decades.

The building's classical facade pays homage to the great pre-war apartment houses of Fifth Avenue, while interiors by Robert A.M. Stern feature contemporary layouts with 10- to 12-foot ceilings, custom millwork, solid oak flooring, and chef's kitchens with premium appliances. Select residences offer direct Central Park views, private terraces, and gracious entertaining spaces befitting the address.

Amenities include a fitness center, residents' lounge, children's playroom, and attended lobby with full-time doorman and concierge. Situated on Fifth Avenue between 80th and 81st Streets, residents enjoy an incomparable location adjacent to the Metropolitan Museum, the Frick Collection, and the pristine landscapes of Central Park's reservoir and Great Lawn.

Explore luxury condos in New York City or view Billionaires' Row for ultra-luxury developments. For international buyers, see our NYC guide for foreign purchasers.

Die Residenzen

Wohnen der Sonderklasse

Preise

Residenz-Kollektion

Two Bedroom

2 BR

2,000–2,800 SF

From $10M

Three Bedroom

3 BR

3,000–4,200 SF

From $18M

Four Bedroom

4 BR

4,500–6,000 SF

From $30M

Penthouse

5+ BR

7,000+ SF

From $50M

Residences from $10,000,000

Ausstattung

World-Class Amenities

Wellness & Fitness

  • State-of-the-art fitness center
  • Swimming pool
  • Spa and treatment rooms
  • Sauna and steam room

Leisure & Entertainment

  • Residents' lounge
  • Private dining room
  • Library
  • Children's playroom

Outdoor Spaces

  • Landscaped rooftop terrace
  • Central Park views
  • Private garden courtyard

Building Services

  • 24-hour doorman and concierge
  • Valet parking
  • Private storage
  • Cold storage for deliveries
  • Bicycle storage
Design & Architektur

Die Visionäre

995 Fifth Avenue LLC

Developer

The development entity behind this exclusive Fifth Avenue condominium, delivering ultra-luxury residences on one of the world's most prestigious addresses.

Robert A.M. Stern Architects

Architecture

Internationally acclaimed architectural firm celebrated for contextual classicism and timeless design, bringing refined elegance to the Upper East Side.

Location

Upper East Side, New York

Located directly on Fifth Avenue overlooking Central Park, 995 Fifth Avenue places residents at the pinnacle of Upper East Side living. The neighborhood offers unrivaled access to Museum Mile, world-class dining, and the city's most prestigious private schools.

Across the street

0.2 miles

0.3 miles

0.1 miles
Mehr entdecken

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FAQ

Häufig gestellte Fragen

What makes 995 Fifth Avenue unique?

It is one of the only new condominium buildings on Fifth Avenue directly overlooking Central Park, a product type that is extraordinarily rare. This stretch of the avenue has been dominated by prewar co-ops for nearly a century, making a new-construction condo here a virtually unprecedented offering in the modern market. For buyers who want a Fifth Avenue park-view address without co-op restrictions on ownership and financing, 995 Fifth is essentially the only option of its kind.

Who designed 995 Fifth Avenue?

Robert A.M. Stern Architects, one of the most respected and accomplished firms in American architecture, designed the building with their signature contextual approach. RAMSA is known for designing new buildings that respect, enhance, and complement their historic surroundings rather than competing with them. The limestone facade and classical detailing at 995 Fifth sit beautifully alongside the prewar co-ops that have defined this prestigious stretch of the avenue for generations.

Is 995 Fifth Avenue a co-op or a condo?

995 Fifth Avenue is a condominium, which is a highly significant distinction on this stretch of Fifth Avenue where virtually every other building is a cooperative. Unlike the neighboring prewar co-ops, which impose strict board approval processes, financing restrictions, and limitations on foreign ownership, the condominium structure offers buyers substantially greater flexibility and accessibility. This makes it particularly attractive to international purchasers and buyers who prefer straightforward ownership without board interference.

What are the views like?

The park-facing residences enjoy direct, unobstructed views of Central Park from one of the most coveted stretches of Fifth Avenue in all of Manhattan. These views are permanently protected by the park itself, meaning they can never be built out by future development. Higher floors enjoy sweeping vistas across the full park canopy, the reservoir, and the Manhattan skyline beyond. These are among the most valuable and enduringly permanent views in all of Manhattan real estate.

How does 995 Fifth Avenue compare to the prewar co-ops nearby?

The prewar co-ops on Fifth Avenue offer historic architectural charm, extraordinary apartment scale, and deep social prestige built over generations. 995 Fifth offers comparable views and address prestige with the important advantages of new construction: modern building systems, pristine contemporary finishes, condominium ownership flexibility, and no board approval requirement. For buyers who value the location above all but want ownership freedom and modern quality, 995 Fifth is the clearly superior choice.

What are the residences like inside?

Residences feature classically inspired layouts with custom millwork, herringbone hardwood floors, stone-clad bathrooms with premium fixtures, and a level of finish quality that reflects the exacting RAMSA design standard. The proportions are generous and gracious throughout, echoing the prewar sensibility of well-defined rooms rather than contemporary open-plan minimalism. Kitchens are fully appointed with premium appliances and custom cabinetry. Every detail throughout the residences reflects intentional quality and timeless craftsmanship.

Who is the target buyer for 995 Fifth Avenue?

Ultra-high-net-worth buyers who want a Central Park-facing Fifth Avenue address with the flexibility and freedom of condominium ownership. We see particularly strong interest from international buyers who have historically been unable to purchase in co-ops along this corridor, American buyers who prefer to avoid the invasive board approval processes, and discerning purchasers who want new-construction quality on the most prestigious residential avenue in the world.

Can your team assist with purchasing at 995 Fifth Avenue?

Yes, and we would welcome the opportunity. Our team is deeply knowledgeable about the upper Fifth Avenue market and can provide comprehensive guidance on 995 Fifth Avenue, including current availability, detailed pricing analysis, and thorough comparisons with neighboring co-ops and other new construction alternatives. We offer private showings and candid, buyer-focused advisory services designed for this level of the market. Contact us for a confidential consultation.

995 Fifth Avenue exterior view
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Marktanalyse für Immobilien in Manhattan

Marktkontext: Die Preise für Luxus-Eigentumswohnungen in Manhattan sind nach Teilmärkten segmentiert. Der Korridor der Billionaires’ Row (57th Street, zwischen Park Avenue und Columbus Circle) weist den höchsten Quadratfußpreis der Vereinigten Staaten auf; Trophy-Residenzen werden dort zu $4,000-$10,000+ pro SF gehandelt. Downtown Manhattan (Tribeca, West Village, Soho) verfügt über ein eigenes Ultra-Luxus-Segment, getragen von der begrenzten Zahl neuer Projektentwicklungen. Die Medianpreise der Eigentumswohnungen an der Upper East Side und Upper West Side liegen deutlich unter dem Trophy-Niveau von Downtown, bieten jedoch größere Grundrisse und die Nähe zum Central Park. Die Preisbildung in Manhattan reagiert sensibel auf Zinsniveau, die Stufen der Mansion Tax und den Stand des Offering Plan des jeweiligen Gebäudes.

Projektübersicht: Der Direktvertrieb der Sponsoren umfasst 2026 unter anderem 80 Clarkson (West Village), 255 East 77th (Upper East Side), 140 Jane (West Village), 1122 Madison (Carnegie Hill) und Mandarin Oriental Fifth Avenue. Zu den fertiggestellten Gebäuden mit verbleibendem Sponsor Inventory zählen Central Park Tower, 220 Central Park South, 53 West 53, 111 West 57th und 50 West 66th. Jedes Objekt hat eine eigene Sponsorenhistorie, einen eigenen Baufinanzierer, einen eigenen Rhythmus der Offering-Plan-Nachträge sowie einen individuellen Status der 421-a- oder sonstigen Steuervergünstigung, der jeweils einzeln zu prüfen ist.

Signal für Käufer: Zu den strukturellen Stärken Manhattans gehören das vom Generalstaatsanwalt von New York beaufsichtigte Offering-Plan-Verfahren (verfahrensrechtlicher Käuferschutz, den weniger regulierte Märkte nicht bieten), die Tiefe des Wiederverkaufsmarktes (hohe Liquidität beim Ausstieg) und das kurzfristig knappe Angebot (begrenzte Baurechtsreserven in den Kernteilmärkten). Bei Vertragsabschluss zu prüfende Risiken: die progressiven Stufen der Mansion Tax oberhalb von $2M, die Übernahme der Grunderwerbsteuern durch den Käufer bei Sponsorenverkäufen, die Exposition gegenüber Grundstücksgrenzen und Sichtkorridoren des konkreten Grundstücks, die Untervermietungs- und Wiederverkaufsregeln des jeweiligen Condo Board sowie der Auslaufplan der 421-a-Vergünstigung, sofern anwendbar. Der Status eines einzelnen Projekts, der Umfang des Sponsor Inventory, Offering-Plan-Nachträge, Preise oder Verkaufsstände sind zum Zeitpunkt der Anfrage zu verifizieren.

Zentrale Fakten

Ablauf für Käufer

Verfahren bei Sponsorenverkäufen in Manhattan: Reservierungsformular → Zustellung des Offering Plan → Prüfung durch den Käuferanwalt → Vertragsunterzeichnung und erste Anzahlung → Finanzierungszusage (bei Kreditfinanzierung) → Closing bei Übergabe. Die Abläufe für Sponsor Inventory und den Wiederverkaufsmarkt unterscheiden sich; eine beratende Vorbereitung vor der Besichtigung ist empfehlenswert.

Häufige Fragen zum Immobilienmarkt in Manhattan

Was ist der Offering Plan des Generalstaatsanwalts von New York?

Der Offering Plan ist das beim Generalstaatsanwalt von New York eingereichte Rechtsdokument, das den Verkauf jeder Eigentumswohnung in Manhattan regelt. Er definiert die Behandlung der Anzahlungen, die Spezifikation der Einheiten, die Common Charges, die Grundsteuern, die Pflichten des Sponsors und den Käuferschutz. Kein Wohnungsverkauf in Manhattan wird außerhalb eines akzeptierten Offering Plan abgeschlossen; Nachträge werden periodisch eingereicht und bei Vertragsabschluss von den Käuferanwälten geprüft.

Was ist Sponsor Inventory?

Sponsor Inventory bezeichnet unverkaufte Einheiten, die sich noch im Besitz des Bauträgers des Gebäudes (des „Sponsors“) befinden. Sponsoreinheiten sind neuwertig, nie bewohnt und können verhandelbare Preise, Zuschüsse zu den Closing Costs sowie Zugang zu Steuervergünstigungsprogrammen bieten, sofern das Gebäude darüber verfügt. Transaktionen auf Sponsorenseite folgen dem Offering Plan, nicht dem üblichen Wiederverkaufsvertrag.

Welche Steuervergünstigungen gelten in Manhattan?

421-a ist die häufigste Vergünstigung für Eigentumswohnungen in Manhattan; sie senkt die Grundsteuerlast für 10 bis 25 Jahre bei qualifizierten Neubauprojekten. J-51 gilt für bestimmte sanierte Gebäude. Jede Vergünstigung hat einen Auslaufplan und einen gebäudespezifischen Qualifikationsstatus, der im Offering Plan und in der aktuellsten Steuerbescheinigung zu verifizieren ist.

Welche Closing Costs fallen bei einer Eigentumswohnung in Manhattan an?

Die üblichen Closing Costs auf Käuferseite betragen 2% bis 4% des Kaufpreises und umfassen die Grunderwerbsteuern von NYC und NYS (bei Sponsorenverkäufen häufig vom Käufer übernommen), die Mansion Tax (1% oberhalb von $1M mit progressiven Stufen oberhalb von $2M), Title Insurance, das Honorar des Käuferanwalts, die Mortgage Recording Tax bei Kreditfinanzierung sowie anteilig abgerechnete Common Charges und Grundsteuern.

Sind Common Charges dasselbe wie HOA-Gebühren?

Nein. Eigentumswohnungen in Manhattan verwenden den Begriff „Common Charges“, nicht HOA-Gebühren. Common Charges finanzieren den Gebäudebetrieb, das Personal, die Gemeinschaftseinrichtungen und die Rücklagen. Die Grundsteuern werden von NYC separat erhoben und sind nicht Teil der Common Charges.

Wie wird Manhattan Miami bei Transaktionen in Manhattan vergütet?

Bei Neubaukäufen auf Sponsorenseite zahlt der Bauträger die Käufermaklerprovision an Manhattan Miami. Die Käufervertretung ist für den Käufer mit keinerlei eigenen Kosten verbunden. Bei Transaktionen am Wiederverkaufsmarkt werden die Provisionsregelungen bei Mandatsbeginn offengelegt.