See Home Value
$26,000,000
Townhouse - Off Market

5-7 East 89th Street

New York, NY 10128
bedrooms
Studio
bathrooms
0 Bath
$38,015,210
RealtyHop Estimate
46.21%
Since Dec 1, 2018
NY-New York
Primary Model

About This Property

William Platt designed 5-7 East 89th Street under the commission of New Yorks National Academy in 1958. This highly functional and adaptable 2-story building boasts nearly 65 of frontage on East 89th Street, and sits across from the Guggenheim Museum and Central Park. The Platt-designed property primarily houses classroom and art studio space for the National Academy, one of the most renown art institutions in the United States.  

The spacious main lobby of the building houses art exhibits, a lounge seating area and a security desk. The remainder of the ground floor houses large classrooms and studio space, as does the second floor. There is a windowed basement which houses additional classrooms and art studios, an elevator and a large, open courtyard at the rear of the building.

5-7 East 89th Street provides an extremely rare opportunity for a discerning buyer to create a home for their foundation, public institution or an academy just off of Central Park. It is also an exceptional chance to own a substantial piece of real estate in one of the most sough-after neighborhoods in the world.
Unit Size
-
Days on Market
367 days
Land Size
-
Price per sqft
-
Property Type
Townhouse
Property Taxes
-
HOA Dues
-
Year Built
1958
Last updated: 7 years ago ( #CORC-5104772)

Price History

Date / Event Date Event Price
Nov 30, 2018 Sold to Suns Acres Llc $25,000,000
Sold to Suns Acres Llc
Nov 28, 2017 Listed by The Corcoran Group $26,000,000
Listed by The Corcoran Group

Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Townhouse
Stu
-
-
$25,000,000 May 10, 2021
$25,000,000 Jan 19, 2022
$17,288/mo
Townhouse
Stu
-
-
$22,750,000 Feb 9, 2021
$22,750,000 Sep 29, 2021
$5,551/mo
Townhouse
5 Beds
5.5 Baths
12,173 ft²
$2,136/ft²
$26,000,000 Jul 8, 2022
$26,000,000 Dec 28, 2022
-
Townhouse
7 Beds
9.5 Baths
13,300 ft²
$1,611/ft²
$21,425,000 Aug 3, 2020
$21,425,000 Jul 1, 2022
-
Condo
5 Beds
6 Baths
7,700 ft²
$3,075/ft²
$23,680,000 Feb 11, 2010
$23,680,000 Aug 30, 2011
$18,786/mo
Condo
4 Beds
6 Baths
6,241 ft²
$4,166/ft²
$26,000,000 Oct 28, 2020
$26,000,000 Mar 22, 2022
$20,915/mo
Townhouse
Stu
9 Baths
12,316 ft²
$2,030/ft²
$25,000,000 Apr 28, 2021
-
-
Townhouse
Stu
-
-
$27,500,000 Nov 20, 2019
-
-
Townhouse
6 Beds
6 Baths
-
$25,750,000 Nov 16, 2022
-
-
Townhouse
5 Beds
5.5 Baths
-
$27,000,000 Sep 30, 2022
-
-
Townhouse
6 Beds
7.5 Baths
-
$25,000,000 Oct 5, 2021
-
-
Townhouse
6 Beds
7.5 Baths
7,400 ft²
$2,973/ft²
$22,000,000 Jul 6, 2022
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20171128
11/28/2017
Studio
-
-
$26,000,000
bedrooms
Studio
bathrooms
-
$25,000,000 -3.85%
11/30/2018
Richard Phan
The Corcoran Group

Building Info

5 East 89th Street 5 East 89th Street, New York, NY 10128
  • 1 Units
More about this Building
5 East 89th Street
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