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5-7 East 89th Street

Between Fifth Avenue and Madison Avenue
Townhouse
$25,000,000

This property has been sold

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Subway Lines
Subway number 4 Subway number 5 Subway number 6 Subway number Q
Nearby Subway Stations
Subway number 4 Lexington Ave - 86th St
Subway number 5 Lexington Ave - 86th St
Subway number 6 Lexington Ave - 86th St
Subway number Q 2nd Ave - 86th St
Essentials
Price $25,000,000
Type Commercial
Floors 2
Rooms 10
Approx. Sq. Ft. 8,950

William Platt designed 5-7 East 89th Street under the commission of New York’s National Academy in 1958. This highly functional and adaptable 2-story building boasts nearly 65’ of frontage on East 89th Street, and sits across from the Guggenheim Museum and Central Park. The Platt-designed property primarily houses classroom and art studio space for the National Academy, one of the most renown art institutions in the United States.

The spacious main lobby of the building houses art exhibits, a lounge seating area and a security desk. The remainder of the ground floor houses large classrooms and studio space, as does the second floor. There is a windowed basement which houses additional classrooms and art studios, an elevator and a large, open courtyard at the rear of the building.

5-7 East 89th Street provides an extremely rare opportunity for a discerning buyer to create a home for their foundation, public institution or an academy just off of Central Park. It is also an exceptional chance to own a substantial piece of real estate in one of the most sough-after neighborhoods in the world.


Carnegie Hill
Living in Carnegie Hill
With Central Park on its doorstep, Carnegie Hill is a quiet, residential oasis full of historic properties and the conveniences of modern city living. Gilded Age mansions sit next to chic boutiques and Italian restaurants, while a wealth of world-famous cultural institutions, elite schools, and landmark architecture combine to make this a part of the city that few residents would ever consider leaving.
Explore Carnegie Hill

This home has been sold

5-7 East 89th Street
Between Fifth Avenue and Madison Avenue
Townhouse
Essentials
Price $25,000,000
Maintenance/Common Charges $0
$Carnegie Hill
% down $Townhouse
Type Commercial
Floors 2
Rooms 10
Approx. Sq. Ft. 8,950

William Platt designed 5-7 East 89th Street under the commission of New York’s National Academy in 1958. This highly functional and adaptable 2-story building boasts nearly 65’ of frontage on East 89th Street, and sits across from the Guggenheim Museum and Central Park. The Platt-designed property primarily houses classroom and art studio space for the National Academy, one of the most renown art institutions in the United States.

The spacious main lobby of the building houses art exhibits, a lounge seating area and a security desk. The remainder of the ground floor houses large classrooms and studio space, as does the second floor. There is a windowed basement which houses additional classrooms and art studios, an elevator and a large, open courtyard at the rear of the building.

5-7 East 89th Street provides an extremely rare opportunity for a discerning buyer to create a home for their foundation, public institution or an academy just off of Central Park. It is also an exceptional chance to own a substantial piece of real estate in one of the most sough-after neighborhoods in the world.


Carnegie Hill
Living in Carnegie Hill
With Central Park on its doorstep, Carnegie Hill is a quiet, residential oasis full of historic properties and the conveniences of modern city living. Gilded Age mansions sit next to chic boutiques and Italian restaurants, while a wealth of world-famous cultural institutions, elite schools, and landmark architecture combine to make this a part of the city that few residents would ever consider leaving.
Explore Carnegie Hill
Subway Lines
Subway number 4 Subway number 5 Subway number 6 Subway number Q
Nearby Subway Stations
Subway number 4 Lexington Ave - 86th St
Subway number 5 Lexington Ave - 86th St
Subway number 6 Lexington Ave - 86th St
Subway number Q 2nd Ave - 86th St