995 Fifth Avenue - The Stanhope Studio Guest Suite - 461 SqFt Residence #1I presents a rare opportunity for current residents of The Stanhope to acquire an elegant studio guest suite. This refined space includes a full kitchenette with European appliances,...
995 Fifth Avenue - The Stanhope Studio Guest Suite - 461 SqFt Residence #1I presents a rare opportunity for current residents of The Stanhope to acquire an elegant studio guest suite. This refined space includes a full kitchenette with European appliances, an ensuite bath, and ample closet space. Additional highlights include hardwood floors and high ceilings throughout. The Stanhope - 995 Fifth Avenue Originally designed in 1926 by the renowned architect Rosario Candela as The Stanhope Hotel, 995 Fifth Avenue is a magnificent example of Georgian architecture, it has undergone a meticulous transformation into 26 exclusive residences that seamlessly blend classic architectural features with modern amenities. This boutique cond-op offers a luxurious lifestyle complete with a 24-hour doorman and concierge, fully equipped gym and spa facilities, and a backup generator ensuring uninterrupted power supply. Nestled at the prestigious corner of Fifth Avenue and East 81st Street, directly facing Central Park and the Metropolitan Museum of Art, the building provides unparalleled access to some of Manhattan's iconic locations. Ownership is permitted through an LLC or Trust, and the building has a 2% flip tax payable by the purchaser. Operating as a Condop (a co-op with condominium bylaws), the residence offers unparalleled flexibility, allowing ownership by pieds-à-terre. Residents enjoy additional amenities, including a health club with treatment rooms, bicycle storage, and stroller storage. The building is managed by a resident manager and offers concierge services along with a 24-hour attended doorman. Residents also have access to a billiards room and a private La Palestra health and fitness spa spanning approximately 2,500 square feet, enhancing the luxurious living experience at 995 Fifth Avenue.
Courtesy of Corcoran Group
The Upper East Side is a prestigious residential neighborhood in Manhattan known for its historic charm, tree-lined streets, and cultural attractions. It encompasses the Museum Mile, featuring renowned institutions like the Metropolitan Museum of Art and the Guggenheim Museum. The area exudes an elegant and sophisticated atmosphere, attracting families, professionals, and art enthusiasts.
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