40 East 88th Street, Unit PH14E

40 East 88th Street, Unit PH14E

40 E 88th St
Upper East Side

$5,500,000
Price
3
Beds
3
Baths
1
1/2 Bath
2,750 Sq. Ft.
$2,000 / Sq. Ft.
2,750
Sq. Ft.
$2,000
per Sq. Ft.
a living room with furniture fireplace and window
a living room with furniture and a large window
a living room with furniture and a fireplace
a view of balcony with chairs
a living room with furniture and a potted plant
a view of a dining room with furniture window and wooden floor
a living room with furniture and a large window
a view of a entryway
a living room with a black white checkered floor with couches chair and a fireplace with wooden floor
a view of outdoor space yard and patio
a picture of a floor plan

Description

A captivating and comfortable 1930 penthouse high atop one of Carnegie Hill’s Art Deco gems, designed by noted American architects Sugarman (a J. E. R. Carpenter alumnus) & Berger. The chic and charming 2,750 square foot, 8 room cooperative apartment boasts any gardener’s delight - a 43.5 foot long setback terrace, perfect for outdoor dining and entertainment. This exceptional aerie, available for the first time in 50 years, was custom designed for a daughter the building’s owner and was once home...A captivating and comfortable 1930 penthouse high atop one of Carnegie Hill’s Art Deco gems, designed by noted American architects Sugarman (a J. E. R. Carpenter alumnus) & Berger. The chic and charming 2,750 square foot, 8 room cooperative apartment boasts any gardener’s delight - a 43.5 foot long setback terrace, perfect for outdoor dining and entertainment. This exceptional aerie, available for the first time in 50 years, was custom designed for a daughter the building’s owner and was once home to iconic American actor and comedian Milton Berle. Light-flooded and beautifully proportioned, the apartment features a 23 foot Gallery with original terrazzo flooring. An enfilade of 3 gracious reception rooms overlooks the 300 square foot terrace. In the vast 27.5 foot Living Room, a pair of original steel casement French doors bookend a wood-burning fireplace with a beautiful marble mantelpiece. The adjacent corner Library/Third Bedroom and a sunlit corner Solarium/Study with original slate flooring and art glass steel casement windows also overlook the terrace. The Gallery leads to a generous Dining Room, which adjoins the Solarium. Authentic Art Deco architectural details include oak herringbone parquet flooring, whimsical leaded art glass windows, detailed crown moldings and period tilework throughout. This classic Upper East Side residence also includes 3 large Bedrooms, 4 Bathrooms, a corner south-facing windowed Kitchen, and a Staff or 4th Bedroom. The versatile floorplan is thoughtfully designed with superb scale, ceilings measuring 9 foot, 6 inches and outstanding storage (15 closets). The elegant Art Deco Lobby at 40 East 88th Street has been meticulously restored to its original design. Amenities include a state-of-the-art gym, a central Laundry Room, and a bicycle storage room. The well-staffed cooperative affords maximum privacy and excellent security, with a Resident Manager and full-time Doorman and Concierge services. Dogs and cats are permitted, as is financing of up to 50% of the purchase price. Washer/dryers are permitted with Board approval. There is no Flip Tax. There is currently in place a monthly Operating Assessment of $2,670. Its prime location at the corner of Madison Avenue and East 88th Street (at the crest of the Carnegie Hill) is in close proximity to Central Park, Museum Mile and is convenient to the fine restaurants, galleries and boutiques of Madison Avenue. 40 East 88th Street is zoned for P. S. 6 - Lillie D. Blake Elementary School and is close to a number of other excellent educational institutions. The apartment transfers with a private storage locker.

Property Details for 40 East 88th Street, Unit PH14E

Zoning
C1-5/R10/MP
View
City, ParkGreenbelt
Architectural Style
Prewar

Location

Listing Courtesy of Sothebys International Realty
Add your commute
LISTING UPDATED: 03/13/2024 04:33 PM

Property Details for 40 East 88th Street, Unit PH14E

StatusActive
MLS IDPRCH-7750956
Days on Market173
Taxes-
Maintenance$7,649 / month
Min. Down Pymt50%
Total Rooms8.0
Compass TypeCo-op
MLS TypeCo-op
Year Built1930
CountyNew York County

Building

40 E 88th St

87 Units15 StoriesBuilt in 1930

Location

Listing Courtesy of Sothebys International Realty
Add your commute

Building Information for 40 East 88th Street, Unit PH14E

Building/Complex40 E 88th StFloor-Stories15Residences87Pet Policy-Year Built1930Building AgePre-warBuilding TypeMidrise

Payment Calculator

$26,409 per month

30 year fixed, 7.25% Interest

Principal and Interest

$18,760

Property Taxes

$0

Maintenance/Common Charges

$7,649

The Payment Calculator is for illustrative purposes only.

Property Information for 40 East 88th Street, Unit PH14E

Summary
Location and General Information
  • Subdivision Name: Carnegie Hill
  • Stories Total: 15
  • Garage Spaces: 0.0
Taxes and HOA
  • Tax Lot: 0051
  • Tax Block: 01499
  • Flip Tax Type: SeeRemarks
  • Association Fee Frequency: Monthly
  • Flip Tax: $0
  • Building Tax Lot: 0051
  • Tax Abatement YN: false
Parking
  • Garage: No
  • Garage Spaces Assigned YN: false
Virtual Tour
Property
Lot Information
  • Lot Size Dimensions: 101.0 x 164.0
  • Living Area Units: SquareFeet
Building Information
  • Building Laundry Features: InUnit, OnCommonFloor
  • Building Pets Allowed: BuildingYes
Property and Assessments
  • New Development: No
  • Sponsor Unit: No
  • Certificate Of Occupancy: No
  • Common Interest: StockCooperative
  • Number Of Shares: 1000
  • New Construction: No
  • Structure Type: MultiFamily
Interior and Exterior Features
Interior Features
  • Appliances: Dishwasher
  • Fireplace Features: Other
  • Fireplaces Total: 1
  • Fireplace: Yes
  • Furnished: Unfurnished
  • Interior Features: Elevator, Storage
  • Laundry Features: InUnit, OnCommonFloor
  • ElevatorsTotal: 1
Multi Family
Multi-Family Information
  • Number Of Units Total: 87
Rental
Rental Information
  • Pets Allowed: UnitYes
  • Attendance Type: DoormanYes, DoormanFullTime
  • Owner Pays Remarks: Call Listing Agent

Property History for 40 East 88th Street, Unit PH14E

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

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

Schools near 40 East 88th Street, Unit PH14E

This home is within New York City Geographic District # 2.
Rating
School
Type
Grades
Distance
P.S. 6 Lillie D Blake
Public - PK to 5
Jhs 167 Robert F Wagner
Public - 6 to 8
Nyc Lab Ms For Collaborative Studies
Public - 6 to 8
Lower Manhattan Community Middle School
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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

Homes for Sale near Upper East Side

Neighborhoods

Cities

ZIPs

More information about 40 East 88th Street, Unit PH14E, Upper East Side

40 East 88th Street, Unit PH14E is a co-op for sale in Upper East Side. This property was listed for sale on November 9, 2023 by Sothebys International Realty, it's currently listed at $5,500,000. 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. 40 East 88th Street, Unit PH14E is a 3-bed, 3.5-bath, 2,750 sqft co-op built in 1930.

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.