Expert Tenant Broker "No Fee"
We represent you, not the landlord

Rent/Lease Apartment 998 Fifth Avenue

Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 998 Fifth Avenue. This trend is projected to continue. Opportunities for subleases remain available at 998 Fifth Avenue and in the nearby Upper East Side neighborhood.

Why Optimal Spaces –
Tenant Broker

✓
  • No fee for clients renting space.
  • We work for YOU, not the landlord.
  • Save 15–20% on your business costs.
  • Save 100–200 hours of research.
  • Access to all available spaces.
  • Specialized real estate expertise.

Alone or with other broker

✕
  • Miss deals and hard-to-find spaces.
  • Potential conflict of interest (often represent landlords).
  • Only 10% of available spaces are online.
  • Lack of specialized expertise.
  • May not get the best terms or uncover hidden costs.
🤝
Tenant Representation: Optimal Spaces acts exclusively as a "Tenant Broker," only representing tenants, never landlords.
⚖️
Unbiased Service: Avoiding conflicts of interest, they provide impartial service, showing a wider range of properties and negotiating the best price.
🗂️
Comprehensive Process: Agents guide clients end-to-end, offering market surveys, floor plans, pricing expectations, and industry contacts.
🐷
Cost Savings: They negotiate rental price and identify/abate "hidden costs."
1. The Crucial Distinction: Whose Side Are They On?
2. It Almost Always Costs You Nothing
3. Access to “Hidden” Inventory
4. Negotiating Beyond Base Rent
5. Time Savings & Process Management
6. Mitigating Risk (the “Gotchas”)

998 Fifth Avenue Property Overview

Building Address: 998 Fifth Avenue, New York NY 10028
Building Name: Cooperative
Building Alternate Address: 998 5th Ave
Zip Code:10028
Neighborhood:Upper East Side
Borough:Manhattan
Stories:12
Year Built:1912
Building Class:B

998 Fifth Avenue, a prominent Manhattan landmark, was designed by the esteemed architectural firm McKim, Mead & White and completed in 1912. It is considered the finest Italian Renaissance style apartment house in New York City and was designated as an individual landmark on February 19, 1974. Located on the northeast corner of Fifth Avenue and East 81st Street, it was the first apartment house constructed on Upper Fifth Avenue.

Originally, it had only 18 apartments, with no less than 17 rooms per unit, and offered luxurious amenities such as jewelry safes and wine cellars, catering to the city's elite. In 1953, the building was converted into a cooperative. Residents have included notable figures such as Senator Elihu Root and various wealthy families.

The building's design features an unusually high base of boldly rusticated limestone, typical of the Italian Renaissance palazzo tradition, with smooth-faced upper sections accented by quoins. Its striking roof cornice is in traditional Italian Renaissance palazzo fashion. In 2011-2012, the building underwent a major restoration to restore its original elegance, which included the reconstruction of the copper-tiled roof and terra cotta cornice.

998 Fifth Avenue is a prestigious luxury housing cooperative located on Manhattan's Upper East Side, at the northeast corner of East 81st Street. It stands as a landmark, completed in 1912 by James T. Lee and designed by the renowned architectural firm McKim, Mead & White. This Italian Renaissance-style building was originally intended to draw high society into apartment living, a novel concept at the time.

The building features 17 opulent residences, including a mix of simplexes and duplexes, with high ceilings, grand layouts, and luxurious finishes such as Italian marble in the lobby. Amenities include jewelry safes, refrigerated wine cellars, and ample storage facilities.

Notable residents have included former Senator Elihu Root, Murray Guggenheim, former U.S. Vice President Levi P. Morton, and a granddaughter of Commodore Cornelius Vanderbilt. The building is situated across from the Metropolitan Museum of Art, offering residents stunning cultural access.


Amenities at 998 Fifth Avenue

  • Full-time doorman
  • Elevator
  • Common courtyard
  • Private storage included
  • Refrigerated wine cellars
  • Wall safes for jewelry and silver
  • Central vacuum-cleaning system
  • Laundries with steam-drying devices
  • Ample storage rooms
  • Pets allowed (cats and dogs)

998 Fifth Avenue is a luxury residential cooperative building, not primarily an office building, thus it does not house typical office tenants. It is located on Manhattan's Upper East Side and was built between 1910 and 1912 by James T. Lee, the maternal grandfather of Jacqueline Onassis. The building was designed by McKim, Mead & White in the Italian Renaissance style.

Notable residents have included prominent figures such as Elihu Root, Murray Guggenheim, and a granddaughter of Commodore Cornelius Vanderbilt. The building features 17 residential units and offers amenities like a doorman and elevators. It is one of the most selective pre-war cooperatives in New York City.


Located at 998 Fifth Avenue in Manhattan, NYC, residents can access several high-speed internet providers. Here are some notable providers:

1. Verizon Fios: Known for fast, symmetrical fiber-optic speeds starting at 300 Mbps, reaching up to 2.3 Gbps, and reliable customer service. Plans start around $49.99 with options for bundling.

2. Astound Broadband Powered by RCN: Offers both cable and fiber services with unlimited data, low prices, and speeds up to 1.5 Gbps. Plans begin at about $35/month.

3. Spectrum: Provides cable internet service with speeds up to 1 Gbps. It is widely available and offers competitive pricing with bundles starting at $30.


998 Fifth Avenue is a luxurious pre-war co-op building located at the northeast corner of 81st Street in Manhattan's Upper East Side. The building is situated directly across from the Metropolitan Museum of Art.

Location Details:

Street Address: 998 Fifth Avenue

Zip Code: 10028

Neighborhood: Upper East Side

City: Manhattan

State: NY

Community District: 108

City Council: 4

Police Precinct: 19

Transportation:

The closest subway station is 86th Street, which offers easy access to various parts of Manhattan via multiple subway lines.

X-ray or Drive options are also available for faster travel.

Cross Streets:

81st Street

82nd Street (north)

80th Street (south)

Nearby Office Tenants Leased
  • group of family trusts leased 160,000 SF at 511 Fifth Avenue
  • WeWork leased 159,300 SF at 12 East 49th Street
  • Linklaters leased 158,000 SF at 1345 Avenue of the Americas
  • Holtzbrinck Publishers leased 157,500 SF at 175 Fifth Ave
  • Benjamin N. Cardozo Sch… leased 156,668 SF at 55 Fifth Ave
  • Open Society Foundations leased 152,000 SF at 224 West 57th St
  • Cantor Fitzgerald leased 151,890 SF at 110 East 59th Street
  • AllianceBernstein leased 151,500 SF at 1345 Sixth Ave
  • TD Securities Inc leased 142,712 SF at 31 West 52nd St
  • Simons Foundation leased 136,182 SF at 162 Fifth Ave
Nearby Retail Tenants Leased
  • Grace's Marketplace leased 13,125 SF at 215 East 68th St
  • The Donnell Library Center leased 13,124 SF at 485 Lexington Ave
  • Club Monaco leased 13,000 SF at 597 Fifth Avenue
  • Guess leased 13,000 SF at 575 Fifth Ave
  • Lyceum Kennedy International School leased 12,708 SF at 815 Second Avenue
  • Tourneau leased 12,050 SF at 601 Madison Avenue
  • North Fork Bank leased 12,000 SF at 57 West 57th St
  • Duane Reade leased 11,717 SF at 575 Lexington Ave
  • Mackage leased 11,555 SF at 404 Fifth Avenue
  • Uniqlo leased 11,500 SF at 155 Fifth Ave

C2 Media Testimonial

C2 Media testimonial To Whom It May Concern: I would like to highly commend Robert King for his professional assistance in helping me locate a new corporate office. Locating the right space takes time, and I was impressed with Robert’s patience not only with myself but with my overseas executives. He never tired of our endless meetings and requests. We found a space we love. And in spite of us concluding our deal, Robert every so often comes by to chat and make sure all is going well professionably and personally. I enthusiastically recommend Robert and Optimal Spaces to anyone looking for space in New York City. Sincerely, Evelyn Pabon Product and Sales Manager C2 Inc. - Contempo Group