1088 Park Avenue - Carnegie Hill
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1088 Park Avenue is one of Carnegie Hill's most distinguished prewar cooperatives, designed by renowned architect Mott B. Schmidt in 1927 for developer Robert J. Cuddihy, publisher of The Literary Digest. This 15 story gray brick neo-Classical building houses 84 apartments and wraps around a remarkable quarter acre private garden courtyard featuring an Italianate fountain, seasonal plantings, and multiple seating areas. The building's grand entrance showcases double-height vaulted vestibules with an arched canopied entry that offers glimpses of both the elegant lobby and the landscaped courtyard beyond.
Apartments exemplify prewar luxury with generous proportions and classic details. Most units feature original herringbone floors, wood burning fireplaces, high ceilings and semi private elevator landings. The building's crown jewel is the duplex penthouse on floors 16 and 17, which boasts approximately 800 square feet of private terraces and sweeping city views. Many apartments have been updated with Pella windows while maintaining the building's architectural integrity, following a notable 1980s board decision that banned picture windows to preserve the façade's aesthetic character.
Residents enjoy white glove service from a dedicated staff of sixteen, along with comprehensive amenities including a doorman, concierge, a newly renovated gym, bike storage, and private storage. The building is pet friendly and allows up to 50% financing with a 2% flip tax paid by the purchaser. Located at the southwest corner of Park Avenue and 89th Street, the building is in a prime Carnegie Hill location, offering easy access to Central Park, Museum Mile, and Madison Avenue shopping while providing residents with their own private urban oasis in the heart of Manhattan.
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For some co-ops, instead of price per square foot, we use an estimate of the number of rooms for each sold apartment to chart price changes over time. This is because many co-op listings do not include square footage information, and this makes it challenging to calculate accurate square-foot averages.
By displaying the price per estimated room count, we are able to provide a more reliable and consistent metric for comparing sales in the building. While we hope that this gives you a clearer sense of price trends in the building, all data should be independently verified. All data provided are only estimates and should not be used to make any purchase or sale decision.
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