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49 East 86th Street is a full-service prewar cooperative with amenities and attentive staff. The building is conveniently located near Central Park, cultural attractions, shopping, and transportation, and allows pets and washer/dryers with approval. Currently, 1 apartment is for sale.
49 East 86th Street is a 1931 Art Deco co-op at Madison Avenue in Carnegie Hill, designed by Pennington & Lewis. The 19 story building contains 48 apartments and has a dark brown brick façade above a two story limestone base. Minimal ornament gives way near the top to angled setbacks, an asymmetrical crown, and a tall slab chimney.
Apartments are generally organized around entry foyers, formal living and dining rooms, and bedroom wings separated from the main entertaining spaces. High ceilings, oversized windows, fireplaces, and windowed kitchens recur, along with studies or former staff rooms that allow layouts to be adapted. South and west exposures are prominent, and several corner and high floor layouts open to small terraces or balconies with city views.
The building maintains an attended lobby with a full time doorman and live-in resident manager. A central laundry room, bicycle room, and resident storage are also provided. The co-op is pet friendly; pieds-à-terre and in-unit washer and dryer installations are permitted with board approval, and financing is limited to 50 percent.
Central Park is one block west, with Madison Avenue shopping at the corner and the museums of Fifth Avenue close by. The 4, 5, and 6 trains stop at 86th Street and Lexington Avenue, while the Q stops at 86th Street and Second Avenue.
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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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