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973 Fifth Avenue
Townhouse in Lenox Hill •  building info
11bd • 7ba • 16,000ft² • $3,119 per ft²
List Price

$49,900,000

Key Details
Days on market
21
Last price change
loading...
Estimated payment
$433,862/mo
Taxes
$150,000/mo
Maintenance
N/A
Description
A FIFTH AVENUE MASTERPIECE 973 Fifth Avenue The Only Fully Restored Stanford White Mansion 25-Foot-Wide Limestone Mansion Over 16,000 Sq. Ft. A rarefied offering of architectural significance and modern luxury, 973 Fifth Avenue stands as the only fully restored Stanford White-designed mansion on Fifth Avenue. This Italian Renaissance palazzo-style estate spans over 16,000 square feet across seven levels, blending Gilded Age grandeur with cutting-edge modernity. Commanding 25 feet of prestigious Fifth Avenue frontage, this distinguished limestone mansion offers breathtaking panoramic views of Central Park and the Metropolitan Museum of Art. Located within the exclusive Cook Block, which is zoned to have no buildings over six stories for an entire city block granting this mansion unparalleled light, air and privacy. A METICULOUS MULTI-YEAR, MULTI-MILLION-DOLLAR RESTORATION A comprehensive, multi-year renovation has elevated this landmark estate, ensuring the preservation of its Gilded Age craftsmanship while integrating state-of-the-art infrastructure at the highest level. Every element has been meticulously restored, including a modernized elevator and nine fully restored wood-burning fireplaces. This home features individual HVAC zones for each room across all seven floors. It is equipped with state-of-the-art humidification systems with advanced HEPA filters and a comprehensive water purification system integrated throughout. The grand limestone staircase, adorned with its original wrought-iron railing, has been impeccably restored, while the exquisite limestone flooring has been meticulously conditioned to its original grandeur. A MASTERPIECE OF ENTERTAINING & DESIGN Designed for both grand entertaining and refined private living, this residence offers unparalleled formal spaces. The double grand parlors feature soaring 16-foot ceilings, original French stained-glass windows, hand-carved marble fireplaces, and painted wood-beamed ceilings. The formal dining and reception salons provide an unmatched setting for high-society entertaining, while a spectacular rooftop terrace and landscaped garden afford sweeping 360-degree views of the Manhattan skyline and Central Park. The home also boasts five distinct kitchens, each catering to different functions-family kitchen, chef kitchen, pantry, staff kitchen and serving kitchen. A newly designed morning room kitchen serves as a focal point of the residence, featuring a stunning Carrara marble waterfall island. The full-scale catering-grade kitchen is outfitted with restaurant-quality Wolf, Sub-Zero, and Hobart appliances, as well as live CCTV to the dining rooms ensuring seamless service. An intimate kitchenette, complete with a LaCanche gas range and a bespoke suite of luxury appliances, offers additional convenience. The dedicated scullery and butler's pantry features a dumbwaiter servicing each entertaining level, while a fully equipped private staff kitchen ensures effortless hospitality. PRIVATE QUARTERS OF UNSURPASSED LUXURY The private sleeping quarters have been thoughtfully designed for comfort and elegance, with 11 beautifully appointed bedrooms, 7 full baths, and 3 powder rooms. The main bedrooms feature expansive dressing areas and en-suite baths, outfitted with P.E. Guerin, Barber Wilson & Co. fixtures and custom designed marble soaking tubs, and showers. The sixth level serves as a dedicated guest and staff level, featuring multiple bedrooms, a private kitchen, and an internal staircase. Additional luxury amenities include a climate-controlled wine cellar, a Venetian plaster Hamman steam room, a linen room, a silver and jewelry vault, extra large cedar closets, and a rare private courtyard with a separate rear entrance from East 79th Street, offering discreet service access for deliveries. POTENTIAL USAGE OPPORTUNITIES This prominent residence is uniquely suited for ultra-luxury mansion living or institutional use, presenting an extraordinary opportunity for an embassy, cultural institution, foundation, or private gallery. While 973 Fifth Avenue is a grand single-family mansion, its scale, location, and zoning allow for select alternative uses. Under current regulations, permitted uses may include: Private residential use Embassy or mission Non-profit foundation offices (limited to 50 employees) Non-commercial art gallery Interested parties should consult with a zoning expert for detailed guidance. AN UNRIVALED ARCHITECTURAL LEGACY Designed by Stanford White of McKim, Mead & White, the foremost architect of the Gilded Age, this residence embodies the height of Beaux-Arts design and old-world European craftsmanship. As one of the last private mansions of its kind, 973 Fifth Avenue is an irreplaceable masterpiece, fully restored to its original grandeur while discreetly integrating modern luxury at the highest standard. An opportunity without equal. A residence of singular importance. A home of an enduring legacy. Please find the proposed alternative floor plan by NJ Caine Architecture, led by Principal Neal-James Stufano. A list of exclusions is available upon request.

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Important Stuff
Elevator
Washer/Dryer in unit
Home features
Central Air
Dishwasher
Hardwood floors
Fireplace

Wood

Private outdoor space

Balcony, Private Garden, Roof Deck, Terrace

View

City, Park

Building amenities
Services and facilities
Laundry in Building
Wellness and recreation
Gym
Media Room
Shared outdoor space
Courtyard
Patio
Roof Deck
Building info

History
What it'll cost
Purchase price
$49,900,000
Asking Price: $49,900,000
Term
30 Years
Down Payment
$4,990,000 (10%)
Min: 10% (4,990,000)
Rate
6.5 %
Mortgage Amount
$44,910,000
Mortgage Payment
$283,862
Taxes
$150,000
Estimated closing cost
$3,033,000
Total monthly cost $433,862
Listing Courtesy of Corcoran Group

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