49 East 96th Street - Carnegie Hill
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49 East 96th Street is a 19 story Art Deco cooperative built in 1929 by Thomas W. Lamb, the renowned architect famous for his theater designs throughout New York City. Located in the Carnegie Hill Historic District, this 64 unit beige brick building features elegant period details including a circular window above its canopied entrance, limestone entrance surround, and classic masonry detailing. An interesting piece of cultural history: Albert Barr, the founding director of the Museum of Modern Art, was an original tenant during the 1930s.
The building offers full service amenities including a 24 hour doorman, live-in superintendent, fitness center with Peloton equipment, bike storage, and private basement storage for an additional fee. The building's financial stability is bolstered by ownership of three ground floor retail spaces, including the recently opened Daily Provisions by acclaimed restaurateur Danny Meyer. Located just one block from Central Park, residents enjoy easy access to world class cultural institutions, prestigious schools and excellent transportation options.
Apartments showcase classic pre war charm with high beamed ceilings, original hardwood floors, decorative crown moldings and generous proportions. Many units feature windowed kitchens, in-unit washer/dryer, and multiple exposures providing excellent natural light. The building offers a diverse range of apartments, including rare duplex units spanning nearly 2,000 square feet, unique maisonettes with private street entrances, and a spectacular penthouse with wrap around terrace and 360 degree city and Central Park views that was featured on the cover of House Beautiful magazine in 2014.
This pet friendly co-op permits 60% financing and welcomes co-purchasing, though pied-à-terre ownership is not allowed. With a 2% flip tax paid by the buyer and notably low maintenance fees for the area, 49 East 96th Street offers classic Upper East Side living in one of Manhattan's most coveted neighborhoods.
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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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