Two-Bedroom Pad at 834 Fifth Ave. Hits Market for $24 Million

A two-bedroom apartment at 834 Fifth Ave., one of Manhattan’s most expensive and prestigious prewar co-op buildings, hit the market Tuesday for $24 million.

It became the second apartment to hit the market in the 24-unit building known for its low turnover and strict board vetting (for example, no financing is allowed). The only other offering in the building is a $76 million residence on the same floor, which was once the priciest listing in the city when it was available for $120 million.

It’s also the first time in 40 years the apartment will change hands, according to the listing with Alexandra Patron and Ogden P. Starr of Brown Harris Stevens. They weren’t immediately available for comment.

The home has two bedrooms, four-and-a-half bathrooms, an expansive living room with a wood-burning fireplace, a library with a wet bar and formal and informal dining rooms. High ceilings and large windows throughout take in natural light and treetop views of the Central Park.

In addition, the residence offers staff quarters upstairs with three bedrooms and one bathroom, as well as two private storage units in the building, according to the listing.

The apartment is being sold by the estate of the late Ruth Stanton, the longtime honorary director at 92nd Street Y and a director at the of New York City Ballet. Stanton, who lived in the apartment for 40 years, passed away this month.

Designed in 1931 by celebrated architect Rosario Candela, the co-op building at Fifth Avenue and 64th Street has been home to many billionaires and their heirs. Current residents, per public records, include James Tomilson Hill III, vice chairman of the Blackstone Group; Charles Robert Schwab, founder and chairman of the Charles Schwab Corp.; and Sir Leonard Blavatnik, a Soviet-born British-American businessman.