16 East 98th Street
16 East 98th Street, between Fifth and Madison avenues · Upper East Side
Upper Carnegie Hill, Upper East Side
BBL 1016030060 · BIN 1051478
- Year built
- 1925
- Type
- Cooperative
- Landmark
- No
- Amenities
- Elevator, live-in superintendent, porter, video intercom, planted courtyard, common laundry, bicycle and private storage
Every recorded sale at this building, 2003–2026
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 2BR median
- $875K
- Recent range
- $540K – $1.5M
- Listing discount
- 2.7%
- Recorded transfers
- 70
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A Private Pricing Opinion — what your apartment at 16 East 98th Street would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.
16 East 98th Street is a ten-story prewar cooperative on the short block between Fifth and Madison avenues. A projecting entrance canopy and wrought-iron doors mark its street entrance. Inside, the building combines compact apartments with larger original and combined layouts, while a planted courtyard provides shared outdoor space.
The address places Central Park at the west end of the block. Some upper apartments have park outlooks, and penthouse accommodation includes private terrace space. Those outlooks are specific to the apartment's height and orientation; the building also contains lower-floor homes facing the street or interior of the block.
The cooperative was incorporated in 1986 per the NY Department of State filing. Its resale inventory spans small one-bedrooms, larger two-bedroom plans and combinations with substantially more interior area. The difference between those categories is central to understanding the building's market.
Architecture and unit composition
The brick apartment house has a formal entrance and a ten-story vertical profile. Interior features include high ceilings and wood floors, with herringbone flooring surviving in some homes. The apartment inventory contains separate kitchens, windowed bathrooms and plans that place bedrooms on opposite sides of the living space.
One-bedroom apartments include comparatively compact layouts as well as larger rooms with dining space. Two-bedroom accommodation ranges from original plans to combined residences. Recorded combinations account for some of the largest homes that have traded in the cooperative.
At the top of the building, a penthouse configuration includes a wraparound terrace, a fireplace and multiple exposures. Outdoor accommodation of that kind belongs to the particular home. The planted courtyard remains the common outdoor facility available to the cooperative's residents.
Building operations
The building has a live-in superintendent and porter, with video intercom access. Common laundry, bicycle storage and private storage supplement the apartments. Seating and grilling facilities are part of the courtyard arrangement.
The property is in tax class 2 and does not carry a building-wide abatement identified by DOF. Its built floor-area ratio is 6.87, compared with the 3.44 residential allowance shown for its R7-2 zoning. The building is not designated by LPC.
Policy framework
Financing: Up to 80%, corresponding to a minimum 20% down payment — confirm with the managing agent.
Flip tax: 2% — confirm the calculation and responsible party with the managing agent.
Pets: Permitted — confirm with the managing agent.
Pied-à-terre ownership and co-purchasing: Permitted with board approval — confirm with the managing agent.
Subletting: Permitted with board approval — confirm with the managing agent.
Recent sales
Recent transfers at this building, curated by The Roebling Team research desk. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Jun 29, 2026 | 7F | 2 BR · 1.5 BA | $825,000 | +0.0% | |
| May 12, 2026 | 7A | 2 BR · 1 BA · 800 sf | $875,000 | $1,094/sf | -2.7% |
| Apr 17, 2026 | 8D | 1 BR · 1 BA · 675 sf | $540,000 | $800/sf | -1.8% |
| Jan 6, 2026 | 1A | 2 BR · 1 BA | $775,000 | -6.1% | |
| Aug 29, 2025 | 2BC | 2 BR · 2 BA · 1,300 sf | $1,475,000 | $1,135/sf | +0.0% |
| Feb 26, 2025 | 1C | 1 BR · 1 BA | $670,000 | -3.6% | |
| Jun 11, 2024 | 2F | 2 BR · 1.5 BA | $930,000 | -3.1% | |
| Aug 31, 2022 | 5D | 1 BA | $410,000 | +1.2% |
Market read. Most recent trades (2026) cleared a median $862/sf across 2 sales. Median listing discount 1.3% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-01603-0060) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage on co-ops is not officially recorded, figures shown are approximate.
At the recent median sale of $825K (6 transfers since 2024), a buyer putting 25% down would pay about $11,644 to close, or 1.4% of the price.
- Mansion tax: $0
- No mortgage recording tax or title insurance on a co-op purchase
- Attorneys, lender, building fees and filings: $11,644
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.
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What to know if you’re buying
Combination layouts: Several larger homes derive from adjoining apartments. For one of those configurations, establish that the shares, proprietary lease interests and approved plan correspond to the full space being sold. A combined plan's appeal says nothing about how the cooperative's own records treat the apartment; confirm with the managing agent.
Comparable buildings
- 1165 Fifth Avenue — A nearby prewar cooperative with direct avenue frontage and a comparable overall residential inventory.
- 1170 Fifth Avenue — A taller prewar cooperative for comparing Fifth Avenue exposure with a side-street address.
- 9 East 96th Street — A prewar cooperative near Fifth Avenue with a similar residential scale in a taller building.
- The Queenston — A lower-rise prewar cooperative for buyers comparing smaller apartment-house settings nearby.
- Madison Court — A prewar cooperative of similar overall size along Madison Avenue.
- 9 East 97th Street — A smaller side-street cooperative near the same section of Central Park.
More Upper East Side buildings
- 15 East 91st Street — 1946 co-op
- 16 East 80th Street — 1886 co-op
- 16 East 96th Street — 1906 co-op by Clinton & Russell
- 17 East 63rd Street — 1901 co-op by Welch, Smith & Provot
- 17 East 80th Street (The Warburg Mansion) — 1906 co-op
- 17 East 84th Street — 1923 co-op by George F. Pelham
The neighborhood
For the full corridor — architecture, transit, and pricing across Upper East Side — read The Roebling Team Guide to Upper East Side.
The full playbook — what goes in the package, how boards read your financials, the interview, and the timeline — plus sample cover, reference, and personal letters you can adapt.
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
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