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Map
$26,000,000
●
Townhouse -
Off Market
5-7 East 89th Street
New York, NY 10128
Studio
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.
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
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
Townhouse
Stu
-
-
$25,000,000
May 10, 2021
$25,000,000
Jan 19, 2022
$17,288/mo
Sold
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
In Contract
Townhouse
Stu
9
Baths
12,316 ft²
$2,030/ft²
$25,000,000
Apr 28, 2021
-
-
Active
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 |
---|---|---|---|---|---|---|---|---|
11/28/2017
|
|
Studio
|
-
|
-
|
$26,000,000
Studio
-
|
$25,000,000
-3.85%
11/30/2018
|
Richard Phan
The Corcoran Group
|