1088 Park Avenue, Unit PHE

Upper East Side

$7,995,000
Price
4
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Superb Duplex Terraced Penthouse on Park Avenue
Perfectly situated on the 16th/17th floor of one of the most desirable prewar cooperatives in Carnegie Hill, this 4 bedroom/4 bathroom home offers unparalleled elegance and sophistication. Enter via a semi-private elevator landing into a gracious gallery. The entertaining space is expansive, perfect for both formal gatherings and casual living. The grand Living Room is adorned with beautiful hardwood floors and a wood-burning fireplace and features multiple
...Superb Duplex Terraced Penthouse on Park Avenue

Perfectly situated on the 16th/17th floor of one of the most desirable prewar cooperatives in Carnegie Hill, this 4 bedroom/4 bathroom home offers unparalleled elegance and sophistication. Enter via a semi-private elevator landing into a gracious gallery. The entertaining space is expansive, perfect for both formal gatherings and casual living. The grand Living Room is adorned with beautiful hardwood floors and a wood-burning fireplace and features multiple seating areas. It flows effortlessly into the Dining Room. The huge expanse is bathed in sunlight streaming from both the south and north. The impeccably appointed windowed Eat-in Kitchen features a 4-burner Viking gas range, additional Dacor oven, Sub-Zero refrigerator, and two Sub-Zero fridge drawers. Completing the downstairs is a Den, an additional Bedroom/Office, and a windowed full Bath. The beautiful grand curved staircase, illuminated by a magnificent skylight, leads to three spacious bedrooms on the upper level. The Primary Suite boasts two glorious terraces (approximately 800 square feet), offering an oasis of tranquility and light, inviting you to unwind amidst breathtaking views. Additionally, there are two sun-flooded Bedrooms, both generously proportioned. Other features of this wonderful home include high ceilings, through-the-wall AC, washer/dryer, and an abundance of closet space throughout.

1088 Park Avenue is one of the most coveted and architecturally significant Prewar Cooperatives in Carnegie Hill. Designed in 1927 by the renowned architect Mott B. Schmidt, the building features a grand entry lobby with double-height vaulted vestibules opening onto the Italianate private courtyard and garden. The exquisite garden is a welcome retreat from the busy city and offers lovely seasonal plantings, a large fountain, and variety of charming seating alcoves for residents to enjoy—a private park within the building. The building is known for its exceptional staff and service, which also includes bike storage, two newly renovated gyms, and private storage. 50% financing is allowed, there is a 2% flip tax paid by the purchaser, and pets are permitted. Please note photos of the terrace are virtually staged.

Property Details for 1088 Park Avenue, Unit PHE

Zoning
R10/PI
View
City, Skyline
Architectural Style
Prewar

Open Houses

Thursday, May 2nd

11:00 AM - 12:00 PM

PublicView Details

Location

Listing Courtesy of Sothebys International Realty
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LISTING UPDATED: 04/08/2024 12:20 PM

Property Details for 1088 Park Avenue, Unit PHE

StatusActive
MLS IDPRCH-7854751
Days on Market24
Taxes-
Maintenance$8,419 / month
Min. Down Pymt50%
Total Rooms8.0
Compass TypeCo-op
MLS TypeCo-op
Year Built1925
CountyNew York County

Building

1088 Park Ave

92 Units16 StoriesBuilt in 1925

Location

Listing Courtesy of Sothebys International Realty
Add your commute

Virtual Tour

Building Information for 1088 Park Avenue, Unit PHE

Building/Complex1088 Park AveFloor-Stories16Residences92Pet PolicyAllowedYear Built1925Building AgePre-warBuilding Type-

Payment Calculator

$35,689 per month

30 year fixed, 7.25% Interest

Principal and Interest

$27,270

Property Taxes

$0

Maintenance/Common Charges

$8,419

The Payment Calculator is for illustrative purposes only.

Property Information for 1088 Park Avenue, Unit PHE

Summary
Location and General Information
  • Subdivision Name: Carnegie Hill
  • Stories Total: 15
  • Direction Faces: South
  • Exposures: North, South
  • Garage Spaces: 0.0
Taxes and HOA
  • Tax Lot: 0040
  • Tax Block: 01500
  • Flip Tax Type: Percent
  • Association Fee Frequency: Monthly
  • Flip Tax: $2
  • Building Tax Lot: 0040
  • Tax Abatement YN: false
Parking
  • Garage: No
  • Garage Spaces Assigned YN: false
Virtual Tour
Property
Lot Information
  • Building Area Total: 216139.0
  • Lot Size Dimensions: 150.67 x 160.0
  • Living Area Units: SquareFeet
Building Information
  • Building Laundry Features: InUnit
  • Building Patio And Porch Features: Terrace
  • Building Pets Allowed: BuildingYes
Property and Assessments
  • New Development: No
  • Sponsor Unit: No
  • Certificate Of Occupancy: No
  • Common Interest: StockCooperative
  • Number Of Shares: 412
  • New Construction: No
  • Structure Type: Duplex, MultiFamily
Interior and Exterior Features
Exterior Features
  • Patio And Porch Features: Terrace
Interior Features
  • Appliances: Dishwasher, WasherDryer
  • Fireplace Features: WoodBurning
  • Fireplaces Total: 1
  • Fireplace: Yes
  • Flooring: Hardwood
  • Furnished: Unfurnished
  • Interior Features: Elevator, EatInKitchen, WindowedKitchen, Storage
  • Laundry Features: InUnit
  • Levels: MultiSplit
  • Room Type: Gym
  • Ceiling Height Units: Feet
  • Ceiling Height: 9.0
  • ElevatorsTotal: 1
Multi Family
Multi-Family Information
  • Number Of Units Total: 87
Rental
Rental Information
  • Pets Allowed: UnitYes
  • Attendance Type: DoormanYes, DoormanFullTime
  • Owner Pays: None
  • Owner Pays Remarks: Call Listing Agent

Property History for 1088 Park Avenue, Unit PHE

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1088 Park Avenue, Unit PHE

This home is within New York City Geographic District # 2.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 6 to 8
Public - 6 to 8
Rating
School
Distance
P.S. 6 Lillie D Blake
PublicPK to 5

Jhs 167 Robert F Wagner
Public6 to 8

Nyc Lab Ms For Collaborative Studies
Public6 to 8

Lower Manhattan Community Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Similar Homes

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Similar Sold Homes

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1088 Park Avenue, Unit PHE is a co-op for sale in Upper East Side. This property was listed for sale on April 8, 2024 by Sothebys International Realty, it's currently listed at $7,995,000. This listing's school district is New York City Geographic District # 2. Nearby schools include P.S. 6 Lillie D Blake, Jhs 167 Robert F Wagner and Nyc Lab Ms For Collaborative Studies. 1088 Park Avenue, Unit PHE is a 4-bed, 4-bath, co-op built in 1925.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Sothebys International Realty

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.