11 East 86th Street

Overview of 11 East 86th Street

11 East 86th Street is a distinctive 21-story white-brick cooperative built in 1961 in Manhattan's Carnegie Hill neighborhood. The boutique building contains just 24 apartments, with a unique configuration of only two residences per floor, offering residents an exceptional level of privacy.

The building's exterior features consistent fenestration, some terraces, and a notable rooftop water tank enclosure. In 1999, the building underwent a renovation where its one-story base was reclad in rosy-cream-colored stone. The lobby is finished in polished granite, creating a modern and refined entrance.

Situated half a block from Central Park and adjacent to Museum Mile, the location provides immediate access to world-class cultural institutions. The building sits adjacent to the Town Club and is conveniently located near the 86th Street express subway station, crosstown bus service, and numerous prestigious private schools.

Residents enjoy full-service amenities including 24/7 doorman service, a live-in resident manager, and on-site garage with EV charging capabilities. The building features a fitness room, bike storage, private storage facilities, and a laundry room. Each floor's residents have the unique privilege of customizing their shared hallway.

The cooperative's policies allow pets and pied-à-terres, with financing permitted up to 65%. New shareholders must adhere to a non-smoking policy, and subletting is allowed after three years of ownership, limited to two out of every ten years. Co-purchasing and guarantors are considered on a case-by-case basis.

A 3% flip tax is applicable to buyers, and the building maintains high standards with its white-glove service and well-maintained facilities. The property's combination of spacious layouts, prime location, and boutique atmosphere makes it a notable Carnegie Hill residence.