You Can Live in Manhattan’s National Academy Museum for $78.95M
The National Academy Museum buildings on Fifth Avenue and East 89th Street just hit the market with Corcoran’s Carrie Chiang and Richard Phan asking a combined $78.95M. If purchased together, the location, views and scale of the three buildings will make them one of the most significant private homes in Manhattan as well as the record-holder for the most expensive private home sale in New York City. The properties are also available for purchase as separate units, two of which ask just shy of $30M and the other asking just under $20M.
The historic properties are anchored by 1083 Fifth Avenue, which was built in 1902 for Archer Huntington, a noted philanthropist and art scholar. In 1913, he added a gracious wing on 89th Street, connected to the original property by a rotunda, which is now addressed 3 East 89th Street. The third parcel, 5-7 East 89th Street, serves as the school building and was built in the 1950s. All three buildings are brimming with period architectural details including Doric pilasters, marble staircases, parquet de Versailles wood and black marble flooring and ornate moldings.