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19 East 88th Street, #7ABC

$4,295,000 ($1,385 per ft2) | 4 beds, 4 baths | Approx. 3,100 ft2
Building Profile  | 
31 days on Market

Key Details

  • Listed: Jun 24, 2024
    Days on Market: 31
    Building Type: Cooperative
    Neighborhood: Carnegie Hill (Manhattan)
    Doorman: FT Doorman
Monthly Maintenance: $7,276 ($2.35/ft2)
Est. Monthly Mortgage: $14,158
Total Est. Monthly Carrying Cost: $21,434 ($6.91/ft2)
Note: the above is based on a down payment of 50% ($2,147,500), which is the minimum amount permitted by the building.

Insider Highlights

  • Location: Situated in the highly sought-after Carnegie Hill neighborhood, this property is in close proximity to the Guggenheim, Central Park, and several private schools. It's also conveniently located near all forms of transport, cultural institutions, restaurants, cafes, and retailers.
  • Building Features: The building, built in 1936, boasts a beautifully maintained Art Deco lobby, a landscaped roof deck with stunning panoramic views, a brand-new fitness center, central laundry, a bike room, and storage. It has 88 apartments across 15 floors and includes amenities such as a rooftop terrace, laundry room, bike room, and virtual doorman.
  • Apartment Details: The grandly proportioned, light-flooded rooms offer potential for 4 or 5 bedrooms with four full baths and one half bath. The apartments are large, with some featuring corner bay windows and terraces, and have high-beamed ceilings, abundant closet space, original wood flooring with Art Deco marquetry, and decorative moldings.
  • Security and Convenience: The building provides a full-time doorman for added security and convenience. It's located on a quiet street, adding to the sense of safety and tranquility.
  • Customization Opportunity: This is a rare opportunity to create a bespoke 3000+ sqft residence, complete with formal dining rooms and oversized sunken living rooms. Washer/dryers and central A/C are permitted with board approval.
  • Pet-Friendly and Financially Sound: The building allows pets and has sound financials with low maintenance, making it an excellent choice for pet owners and those seeking a financially stable property.

Description

RARE OPPORTUNITY to create a bespoke 3000+ sqft residence in one of Carnegie Hill’s most desirable and sought after buildings, 19 East 88th, just seconds from the Guggenheim and Central Park. (Please see proposed Floor Plans.) Unit 7A (approximately 1800 sqft) & 7BC (approximately 1325 sqft)— both seldom available apartment-lines—have come to market simultaneously, presenting the right buyer the luxury of a crafting a sprawling new vision fashioned from the existing units’ grandly proportioned, light-flooded rooms. 7A, a convertible 3 bedroom, 2 1/2 bath corner residence (facing south and east), and 7BC, a convertible 2 bedroom, 1 1/2 bath (with south facing windows in every room) can easily be reimagined into a stunning 4 or 5 bedroom residence with four full baths, one half bath, formal dining, two decorative fireplaces, breathtaking city views to the south, and additional space which can be repurposed into a media room, home office, library and more—the possibilities are limitless. Both apartments currently have formal dining rooms, 12’5 x 17’ and 12’ x 14’, and oversized sunken living rooms—one measuring approx.

15’ x 25’, the other, approx. 16’9 x 25’. Any of the aforementioned rooms can be repurposed to suit your needs, as can one of the two windowed kitchens and two spacious foyers, 9’7 x 21’2 and 8’ x 10’. Or, in lieu of a traditional combination, minor modifications can be made to adjoin the apartments (or even keep them separate), reserving the smaller of the two units for family and other guests.

Please note, 7A currently has a second large bedroom with an ensuite bathroom at the opposite end of the apartment relative to the Primary Suite, which would allow for privacy in any case; the units presently feature three bedrooms (12’ x 20’ ; 13’3 x 15’11; and 12’8 x 12’1) all with ensuite bathrooms. Additionally, each unit has a half bath perfectly situated for visitors, just off their respective foyers. Other apartment features include: new casement windows in every room, high-beamed ceilings, abundant closet space, original wood flooring with Art Deco marquetry, and decorative moldings throughout. Come home to the best of everything! Come home to 19 East 88th Street, one of the most revered pre-war co-ops in prime Carnegie Hill, featuring a meticulously restored and beautifully maintained Art Deco lobby, a landscaped roof deck with multiple seating areas and stunning panoramic views, a brand-new fitness center, central laundry, a bike room, storage, and an extraordinary staff.

Washer/dryers and central A/C are both permitted with board approval and pets are allowed. The building has sound financials and low maintenance. There is a 2% flip tax payable by purchaser and 50% financing is allowed.

Pied-a-Terres, Co-Purchasers and Parents Buying for Children are all considered on a case by case basis. Located close to all forms of transport, many cultural institutions, countless restaurants, cafes, and retailers.

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Listing courtesy of Compass

Pricing History

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About 19 East 88th Street

74

19 East 88th Street has received a CityRealty Rating of 74, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

25
Out of 44
+
24
Out of 36
+
16
Out of 39
+
9
=
74
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Very Distinguished 7 out of 8 points
Retail Quality:
Good 3 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
Yes and Good 2 out of 3 points
Skyline:
Highly Visible 2 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Allowed and Present 0 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
None 0 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Very Attractive with Trees 4 out of 5 points
Distance To Neighborhood Center:
More than 50 blocks 0 out of 5 points
Views:
Open 2 out of 4 points
Neighborhood Ambience:
Attractive 2 out of 3 points
Traffic Noise:
Very Little 3 out of 3 points
Protected Views:
Only Top Floors 1 out of 2 points
Distance To Subway:
3-5 Short Blocks 1 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
Less than 3 Short Blocks 2 out of 2 points
Distance To Park:
Less Than 3 Short Blocks 2 out of 2 points
Distance To Water:
3-6 Short Blocks 1 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Spacious 4 out of 5 points
Units Per Floor:
5-9 2 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
Some 1 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Minimal 1 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
None 0 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
Yes 1 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
Yes 1 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
No 0 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Many 2 out of 2 points

Building Amenities

  • FT Doorman
  • High-Rise
  • Pre War
  • Rooftop Terrace
  • Washer/Dryer in building
  • Elevator
  • Laundry Room
  • Bike Room
  • Virtual Doorman

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Pros
  • Very good Art-Deco style- pre-war building
  • Roof deck
  • Tall Entrance Lanterns
  • Sidewalk landscaping
  • Canopied Entrance
  • Some Terraces
  • Doorman
  • Close to many schools and cultural institutions
  • Large apartments
  • Attractive- quiet street
  • Unusual stainless steel balconies
  • Close to Subway
Cons
  • No garage
  • Step-down lobby
  • No health club
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Subways

  1. 4
  2. 5
  3. 6
at Lexington Ave 0.24 miles

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