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47 East 88th Street, #10A

Between Madison Avenue & Park Avenue   |    Carnegie Hill

Welcome to Grand Luxury Living in one of Carnegie Hill's finest prewar co-op buildings. Wonderful dimensions and a gracious floorplan define this exceptional 16 into 12-room residence, with 5/6 large bedrooms, 6.5 bathrooms, 1 staff room with full bath, formal living and dining rooms, library, eat-in-kitchen and media oom. This mint-condition home is entered from a private elevator landing through exquisite glass-paned French doors leading into an inviting reception room with its own wood-burning fireplace and handsome built-ins.

Adjacent is the pristine Formal Living Room with another wood-burning fireplace; this one surrounded by a stunning hand-carved marble mantle. An expansive gallery provides wonderful flow from the Living Room to the Dining Room, which features a large south-facing double window and marvelous scale for entertaining. A sophisticated library with deep-toned French polished wood panels and a secret closet is a warm and cozy spot for a drink or a chat.

Across the gallery, opposite the library, is the coordinating butler's pantry with wet bar and wine refrigerator, which leads into the center of the home, both literally and figuratively: the gorgeous windowed Eat-In-Kitchen with a 60" Wolf stove, Sub-Zero refrigerator, two dishwashers, two sinks, walk-in pantry, Pietra Cardoso marble countertops, Carrara marble backsplash, and a large center island topped with stunning Gioia marble. The Master suite, bathed in sunlight through two exposures, south and west, is simply luxurious with two full ensuite spa-like baths, sitting area, and huge walk-in closets. Also in the master wing is a smaller bedroom or office with another full bath.

On the opposite side of the apartment is the bedroom wing with its own large gallery serving as the radius of 3 bedrooms, the media room and the staff area. Among the numerous features of this home are rich hardwood floors and substantial millwork throughout, 3-zone central A/C, and a hard-wired sound system. 47 East 88th Street, located at the corner of East 88th Street and Madison Avenue, is one block from Central Park and world-renowned institutions such as the Guggenheim and Cooper Hewitt Museums, many wonderful Madison Avenue shops and top-rated restaurants.

It was designed in 1930 by the architect, George Fred Pelham, and converted to a co-op in 1957. Among its many wonderful white glove amenities are a full-time doorman, porter, live-in superintendent, storage units that transfer with apartments, a bike room, playroom, and a fantastic gym ($500 p/yr.) As a benefit of the co-op owned retail spaces on Madison Avenue, building residents enjoy low monthly maintenance fees. Show more
 

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Pricing Information

$12,995,000 Current Asking Price
No Price Change
$2,599 per ft2 (approx. size: 5,000 ft2)
Minimum Down Payment: 50% Date Listed: Jan 3, 2018 Updated: Jan 8, 2018 Days on Market: 18 Cooperative
$40,584 Total Estimated Monthly Cost (Based on a downpayment of $6,497,500 / 50% of the Purchase Price)
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Pricing Comparison (Past 12 months)

$1,774 Avg. Price / ft2 of apts sold in 47 East 88th Street View Pricing Of Recent Sales
 
$1,316 Avg. Price / ft2 of apts sold in Similar Buildings
 

About 47 East 88th Street

Nearby Subway Stations

  1. 4
  2. 5
  3. 6
at Lexington Ave 0.21 miles
77

47 East 88th Street has received a CityRealty Rating of 77, 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
+
27
Out of 36
+
16
Out of 39
+
9
=
77
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Distinguished 6 out of 8 points
Retail Quality:
High-End 5 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:
Exists 1 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:
Less than 40 blocks 2 out of 5 points
Views:
Open 2 out of 4 points
Neighborhood Ambience:
Very Attractive 3 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:
Quite Stylish 3 out of 5 points
Units Per Floor:
3-4 3 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
Some 1 out of 3 points
Health Club:
Yes 1 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:
None 0 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
  • Doorman: Full-time
  • Down Payment Required: 50%
47 East 88th Street
Between Madison Avenue & Park Avenue
Cooperative
 
 

Features & Amenities

  • Attended Lobby
  • FT Doorman
  • Hi Rise
  • Pre War
  • Basement Storage
  • Health Club
  • Washer/Dryer in building
  • Elevator
  • Fireplaces
  • In-Unit Washer/Dryer

Pros

  • Very attractive pre-war building
  • Health club
  • Some terraces
  • Some decorative balconies
  • Close to many schools and cultural institutions
  • Attractive Street
  • Doorman
  • Sidewalk landscaping
  • Large apartments
  • Canopied entrance
  • Close to Subway

Cons

  • No garage
  • Step-up entrance
  • No sundeck

Editorial coverage of 47 East 88th Street :

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Listing provided courtesy of Douglas Elliman - Manhattan
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