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Asking $29.75M, Neighboring Apartments on Fifth Avenue Enter Into Contract

The two units will create a full-floor residence with 8,543 square feet of living space

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Two adjacent apartments at 995 Fifth Avenue with a total asking price of $29.75 million went into contract.

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Two adjacent apartments at 995 Fifth Avenue with a total asking price of $29.75 million went into contract.
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Two adjacent apartments at 995 Fifth Ave. in Manhattan, offered as a combo for $29.75 million last August, have sold.

The listings, which include 11S, asking $21.5 million, and 11N, asking $8.25 million, as well as combination 11SN, were all marked "in contract" Tuesday on listings site StreetEasy, suggesting that one buyer snapped up both units.

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Combined, the two apartments would create a full-floor, 8,543-square-foot home with 14 rooms and over 70 feet of frontage on Fifth Avenue, overlooking the Metropolitan Museum of Art and Central Park, according to the listing with the Corcoran Group.

Apartment 11S has five bedrooms, six-and-a-half bathrooms with four exposures, while 11N has two bedrooms, two-and-a-half bathrooms.

Listing agents at Corcoran didn’t immediately respond to requests for comment.

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Current owners, Matthew McLennan, head of Global Value Team at First Eagle Investment Management, and his wife Monika, purchased the two apartments in 2012, property records show. It’s couldn’t be determined how much they paid for the apartments.

Mr. McLennan didn’t immediately respond to a request for comment.

The building was converted from the former Stanhope Hotel, designed by Rosario Candela. It has only 26 residences with a host of luxury amenities, including a 24-hour doorman and concierge, a fitness center, a library, a bicycle room and a billiards room.