The Courtlandt, 40 East 88th Street, #PH14E
$5,500,000
| 3 beds, 4 baths
171 days on Market
Key Details
-
Listed: Nov 9, 2023Days on Market: 171Building Type: CooperativeNeighborhood: Carnegie Hill (Manhattan)Doorman: FT DoormanListing viewed 284 times
Monthly Maintenance:
$7,649
Est. Monthly Mortgage:
$18,984
Mortgage calculator
Total Est. Monthly Carrying Cost:
$26,633
Note: the above is based on a down payment of 50% ($2,750,000),
which is the minimum amount permitted by the building.
Insider Highlights
- Prime Location: This spacious 2,750 square foot penthouse is located in the prime Carnegie Hill neighborhood, within close proximity to Central Park, Museum Mile, fine restaurants, galleries, and boutiques. It also offers convenient access to cross-town bus service and subway station.
- Architectural Elegance: The apartment is housed in a historic 1930 Art Deco building designed by noted architects, meticulously restored to its original design. It features light-filled rooms with original architectural details, a wood-burning fireplace with marble mantelpiece, and a versatile floorplan with high ceilings and ample storage.
- Outdoor Space: The penthouse boasts a large setback terrace, perfect for outdoor dining and entertainment.
- Building Amenities: The building offers a state-of-the-art gym, laundry room, and bicycle storage room. It also provides full-time doorman and concierge services for maximum privacy and security.
- Pet and Family Friendly: This pet-friendly building requires board approval for in-unit washer/dryers. It is zoned for Lillie D. Blake Elementary School and is near other excellent educational institutions.
- Financial Flexibility: The apartment comes with a private storage locker and there is no Flip Tax. Financing of up to 50% of the purchase price is permitted.
Description
A captivating and comfortable 1930 penthouse high atop one of Carnegie Hill’s Art Deco gems, designed by noted American architects Sugarman (a J.E.R. Carpenter alumnus) & Berger. The chic and charming 2,750 square foot, 8 room cooperative apartment boasts any gardener’s delight - a 43.5 foot long setback terrace, perfect for outdoor dining and entertainment. This exceptional aerie, available for the first time in 50 years, was custom designed for a daughter the building’s owner and was once home to iconic American actor and comedian Milton Berle.
Light-flooded and beautifully proportioned, the apartment features a 23 foot Gallery with original terrazzo flooring.
An enfilade of 3 gracious reception rooms overlooks the 300 square foot terrace. In the vast 27.5 foot Living Room, a pair of original steel casement French doors bookend a wood-burning fireplace with a beautiful marble mantelpiece. The adjacent corner Library/Third Bedroom and a sunlit corner Solarium/Study with original slate flooring and art glass steel casement windows also overlook the terrace.
The Gallery leads to a generous Dining Room, which adjoins the Solarium. Authentic Art Deco architectural details include oak herringbone parquet flooring, whimsical leaded art glass windows, detailed crown moldings and period tilework throughout. This classic Upper East Side residence also includes 3 large Bedrooms, 4 Bathrooms, a corner south-facing windowed Kitchen, and a Staff or 4th Bedroom.
The versatile floorplan is thoughtfully designed with superb scale, ceilings measuring 9 foot, 6 inches and outstanding storage (15 closets). The elegant Art Deco Lobby at 40 East 88th Street has been meticulously restored to its original design. Amenities include a state-of-the-art gym, a central Laundry Room, and a bicycle storage room. The well-staffed cooperative affords maximum privacy and excellent security, with a Resident Manager and full-time Doorman and Concierge services.
Dogs and cats are permitted, as is financing of up to 50% of the purchase price. Washer/dryers are permitted with Board approval. There is no Flip Tax. There is currently in place a monthly Operating Assessment of $2,670. Its prime location at the corner of Madison Avenue and East 88th Street (at the crest of the Carnegie Hill) is in close proximity to Central Park, Museum Mile and is convenient to the fine restaurants, galleries and boutiques of Madison Avenue.
40 East 88th Street is zoned for P.S. 6 - Lillie D. Blake Elementary School and is close to a number of other excellent educational institutions. The apartment transfers with a private storage locker.
An enfilade of 3 gracious reception rooms overlooks the 300 square foot terrace. In the vast 27.5 foot Living Room, a pair of original steel casement French doors bookend a wood-burning fireplace with a beautiful marble mantelpiece. The adjacent corner Library/Third Bedroom and a sunlit corner Solarium/Study with original slate flooring and art glass steel casement windows also overlook the terrace.
The Gallery leads to a generous Dining Room, which adjoins the Solarium. Authentic Art Deco architectural details include oak herringbone parquet flooring, whimsical leaded art glass windows, detailed crown moldings and period tilework throughout. This classic Upper East Side residence also includes 3 large Bedrooms, 4 Bathrooms, a corner south-facing windowed Kitchen, and a Staff or 4th Bedroom.
The versatile floorplan is thoughtfully designed with superb scale, ceilings measuring 9 foot, 6 inches and outstanding storage (15 closets). The elegant Art Deco Lobby at 40 East 88th Street has been meticulously restored to its original design. Amenities include a state-of-the-art gym, a central Laundry Room, and a bicycle storage room. The well-staffed cooperative affords maximum privacy and excellent security, with a Resident Manager and full-time Doorman and Concierge services.
Dogs and cats are permitted, as is financing of up to 50% of the purchase price. Washer/dryers are permitted with Board approval. There is no Flip Tax. There is currently in place a monthly Operating Assessment of $2,670. Its prime location at the corner of Madison Avenue and East 88th Street (at the crest of the Carnegie Hill) is in close proximity to Central Park, Museum Mile and is convenient to the fine restaurants, galleries and boutiques of Madison Avenue.
40 East 88th Street is zoned for P.S. 6 - Lillie D. Blake Elementary School and is close to a number of other excellent educational institutions. The apartment transfers with a private storage locker.
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Listing Agent (Seller's Representative)
Listing courtesy of
Sothebys International Realty
Pricing History
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