990 Fifth Avenue
990 Fifth Avenue, New York, NY 10075
Upper East Side
BBL 1014920001 · BIN 1046607
- Year built
- 1927
- Type
- Cooperative
- Units
- 6
- Floors
- 14
- Landmark
- Designated
- Flip tax
- A flip tax applies; confirm the rate at the offer stage.
- Subletting
- Permitted with Board approval. Short-term rentals and AirBnB are not permitted.
- Pied-à-terre
- Permitted.
- Washer / dryer
- Permitted in-unit.
- Pets
- Permitted, subject to Board approval.
- Co-purchasing
- Permitted. Parents purchasing for children permitted.
- Guarantors
- Not permitted.
Compiled by The Roebling Research Desk from the building’s offering plan, amendments, and related building documents (primary source dated 2026). Board policies can change by amendment — confirm at the offer stage.
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 990 Fifth Avenue 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.
990 Fifth Avenue is among the rarest and most architecturally distinguished Fifth Avenue cooperatives. Two attributes anchor the building's significance. First, the architectural collaboration: Rosario Candela in collaboration with Warren & Wetmore. Candela is the architect most associated with the apex tier of pre-war Manhattan luxury apartment design — 740 Park, 720 Park, 778 Park, 834 Fifth, 960 Fifth, 1040 Fifth. Warren & Wetmore are best known as the architects of Grand Central Terminal (1903–1913) and the New York Yacht Club — among the most consequential public-building practices of the early 20th century. A Candela / Warren & Wetmore collaboration is among the most architecturally distinguished combinations of the era.
Second, and equally consequential, the apartment count: only six apartments total. Five duplexes and one triplex. This is among the absolute lowest apartment counts of any tier-one Fifth Avenue building, materially smaller than even the smallest peer Candela buildings on Park Avenue (778 Park: 18 apartments; 740 Park: 31). The configuration produces apartment dimensions and exposures that no other Fifth Avenue cooperative replicates.
The building was constructed on the former Woolworth Mansion site — F.W. Woolworth's Fifth Avenue residence, which had occupied the parcel before the building's 1927 construction. The Woolworth provenance ties 990 Fifth to one of the consequential Gilded Age fortunes of New York commerce.
The cooperative conversion from the original rental occurred in 1952, placing 990 Fifth within the post-WWII conversion wave that produced much of the current Fifth Avenue cooperative inventory.
The Met-frontage positioning is among the most consequential on the corridor. The Metropolitan Museum's main steps are one block north; the dense pre-war Fifth Avenue cooperative inventory immediately surrounding 990 Fifth — 998 Fifth (McKim Mead & White 1912) on the corner immediately south, 1010 Fifth (Fred F. French Company 1925), 1001 Fifth (Philip Johnson / John Burgee 1979) across — produces one of the most architecturally dense stretches on the avenue.
For buyers, 990 Fifth represents one of the rarest tiers of Manhattan cooperative inventory: Candela / Warren & Wetmore authorship at an apex-tier collaboration, only six apartments (the entire building's inventory), Woolworth Mansion-site provenance, and Met-frontage positioning at the absolute heart of the Museum Mile.
Architecture and unit composition
The six apartments are uniformly large: five duplexes and one triplex. The apartment count relative to the 14-story envelope implies room counts and apartment dimensions that exceed essentially all peer Fifth Avenue cooperatives.
Candela / Warren & Wetmore signatures throughout: high ceilings in primary rooms, formal entry galleries at the scale typical of pre-war Candela tier-one work, library-living combinations, primary suites with substantial closet infrastructure, service wings characteristic of staffed 1920s service.
Park-facing apartments command direct Central Park views across to the Park's eastern boundary and the West Side beyond. Upper-floor apartments look across the Met's roofline to the broader Park view. View permanence is essentially absolute.
Building operations
990 Fifth Avenue operates as a full-service pre-war cooperative with full-time doorman, attended elevator, on-site superintendent, and private storage. The six-apartment scale produces among the lowest operational densities of any cooperative on Fifth Avenue.
Specific policy details (financing posture, flip tax structure, sublet policy specifics, pied-à-terre allowance) should be confirmed directly with property management during due diligence. The board posture follows tier-one Met-frontage Fifth Avenue norms.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $24,791/yr
- Per unit / month range
- $0 – $344
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City record last verified September 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →Facade safety — Local Law 11
The latest available filing classified the facade as SWARMP — Safe With A Repair and Maintenance Program: the engineer identified conditions requiring monitoring or repair before the next inspection cycle. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials for you.
How to read this, and where it comes from
QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent).
Penalties shown are amounts DOB assessed against filings on record across 2005–10 to 2020–25. The FISP dataset does not record whether they were paid, contested or remain open, so treat the figure as history rather than a current balance and confirm the building’s standing with the managing agent.
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City record last verified September 2026.
Management & transfer contacts
- Flip tax
- Transfer Fee payable by Seller: 2% (<5yr), 1.5% (5-10yr), 1% (>10yr) of gross sales price
- Sublet policy
- Allowed
- Pied-à-terre
- Allowed
- Notable fees
- Financing not permitted; Managing Agent Fee $900/$1000; NY stamp $0.05/share
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 | vs. Ask |
|---|---|---|---|---|
| Sep 23, 2021 | PH12 | 6 BR · 5 BA | $35,000,000 | +0.0% |
| Dec 20, 2012 | 10 | 4 BR | $19,500,000 | -9.3% |
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-01492-0001) 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.
Buying here? Co-op closing costs typically run 2 to 3% of the price. See NYC co-op and condo closing costs, line by line.
Keep up with 990 Fifth Avenue and its market
The Roebling Report, monthly: Manhattan sales data and analysis, including buildings like990 Fifth Avenue. Unsubscribe anytime.
We’ll use your email for The Roebling Report and note your interest in this building. See our privacy policy.
What to know if you’re buying
The Candela / Warren & Wetmore authorship is the architectural anchor. The collaboration combines the architect of Manhattan's tier-one apartment tradition with the firm responsible for Grand Central Terminal — an unusually distinguished pairing.
The six-apartment scale is the structural reality. Inventory turnover may be nil in any given year. Patient timing matters.
The Met-frontage positioning is the position. One block south of the Met's main steps.
Confirm specific policies directly with management. Financing posture, flip tax structure, sublet specifics, and pied-à-terre allowance should be obtained directly during contract review. The small unit count likely produces a particularly active board culture.
Board approval follows tier-one Met-frontage norms. Strong financial profile, professional accomplishment, primary-residence intent are central criteria.
View permanence is excellent. The Met facade is permanently protected; Central Park is permanent.
Renovation is constrained by historic district status. The board reviews scope and quality with attention to preservation of original detail.
What to know if you’re selling
The Candela / Warren & Wetmore authorship, the six-apartment scale, and the Woolworth Mansion-site provenance are the differentiating marketing assets. Listing copy should foreground all three — each is verifiably distinguishing and the combination is rare.
Pricing requires apartment-level analysis with limited comparable data. Only six apartments and limited transaction history mean apartment-level analysis is essential.
Closing timelines are co-op standard. 6–10 weeks from contract signing to closing; off-market timelines vary.
Comparable buildings
If you're considering 990 Fifth Avenue, also evaluate:
- 998 Fifth Avenue — McKim, Mead & White 1912; immediate neighbor south
- 960 Fifth Avenue — Candela / Warren & Wetmore 1928; same architectural collaboration, larger scale, on William A. Clark mansion site
- 1040 Fifth Avenue — Rosario Candela 1929; Carpenter / Candela Met-frontage peer
- 834 Fifth Avenue — Rosario Candela 1931; Candela Met-frontage tier-one
- 740 Park Avenue — Candela / Cross & Cross 1930; Candela Park Avenue apex
- 1001 Fifth Avenue — Philip Johnson 1979; immediate neighbor across
More Fifth Avenue buildings
- 965 Fifth Avenue — 1941 co-op
- 969 Fifth Avenue — 1925 co-op
- 980 Fifth Avenue — 1966 co-op
- 993 Fifth Avenue — 1930 co-op by Emery Roth
- 995 Fifth Avenue (The Stanhope) — 1926 condop by Rosario Candela
- 998 Fifth Avenue — 1910 co-op by McKim, Mead & White
The neighborhood
For the full corridor — architecture, transit, and pricing across Fifth Avenue — read The Roebling Team Guide to Fifth Avenue.
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.
Considering a move at 990 Fifth Avenue?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.