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The Kenedale, 47 East 88th Street, #14A

$4,500,000 ($1,875 per ft2) -9.9% | 3 beds, 2.5 baths | Approx. 2,400 ft2
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163 days on Market

Key Details

  • Listed: Nov 27, 2023
    Last Price Change: -9.9% ($495,000) on Jan 19
    Days on Market: 163
    Building Type: Cooperative
    Neighborhood: Carnegie Hill (Manhattan)
    Doorman: FT Doorman
    Listing viewed 125 times
Monthly Maintenance: $5,916 ($2.47/ft2)
Est. Monthly Mortgage: $15,548
Total Est. Monthly Carrying Cost: $21,464 ($8.94/ft2)
Note: the above is based on a down payment of 50% ($2,250,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Interior Features: The apartment, recently renovated with high-quality finishes, boasts a living room with a wood-burning fireplace and coffered ceilings, a formal dining room, a private library, and motorized window treatments. The primary bedroom offers a view of Central Park and customized closets, and the ensuite bathrooms come with heated floors, a soaking tub, and double sinks.
  • Kitchen and Laundry: The eat-in kitchen features a center island, top-quality appliances, and heated floors. The apartment also includes a separate laundry room with full-size high-capacity machines.
  • Building Amenities: The pet-friendly building, built in 1930 and converted to a co-op in 1957, offers a FT Doorman, a gym, laundry, bike storage, a community room, a children’s playroom, and a 5x6 individual storage cage in the basement for each apartment.
  • Financials: The monthly maintenance is $5,916, with total taxes and fees also at $5,916. The building has a 2% flip tax, to be paid by the buyer.
  • Neighborhood: The building is conveniently located close to Central Park, shops, restaurants, and museums, although it does not have a garage or sundeck.
  • Location and Price: This stunning 3-bedroom, 2.5-bathroom cooperative apartment is located in the prestigious Carnegie Hill neighborhood at 47 East 88th Street, listed for $4,500,000.

Description

Triple mint, high floor, light-filled 2 bedrooms and a library in first class Carnegie Hill prewar building. One block from Central Park on Manhattan’s Upper East Side, this 2-3 bedroom, 2.5 bath apartment is very recently completely renovated. It is in a well-managed and well-maintained coop which has street level retail income and low monthly maintenance fees.

The living room has west and south-facing windows, a wood-burning fireplace and beautiful coffered ceilings.

The large formal dining room also has beautiful coffered ceilings. There is a comfortable private library (or 3rd bedroom). All rooms have motorized window treatments.

The serene primary bedroom has a peek at Central Park and beautifully customized closets.

The ensuite bath has a deep soaking tub, a large separate shower, a vanity with double sinks and heated floors. The second bedroom also has an ensuite bath with heated floors.

The large well-designed eat-in kitchen has a center island with generous counter space, top-quality appliances, heated floors and a pleasant dining area with built-in TV.

The large separate laundry room has full-size high-capacity machines.

14A shares the landing with only one other apartment. It comes with a 5x6 individual storage cage in the basement.

Building staff provide a high level of service with full-time doormen (two at the door for most of the day), porters and a resident superintendent. There is an exceptional gym ($600 per year per apartment), laundry, bike storage, a community room and a children’s playroom - all located in the immaculate basement.

Mail and newspapers are distributed to apartments daily. Pet friendly. 2% flip tax, paid by buyer.

47 East 88th Street is a beautiful brick and limestone building, designed by the architect Fred Pelham and built in 1930. It is a well-established and well-run coop, converted in 1957.

Because of their creation of high-quality attractive street-level commercial spaces, Carnegie Hill Neighbors honored the coop with their prestigious Carnegie Hill Neighbors Enrichment Award. This peaceful and popular Carnegie Hill location is known for its neighborly feel, outstanding shops and restaurants and proximity to Central Park and many excellent museums.

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Listing courtesy of Corcoran Group

Pricing History

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About The Kenedale, 47 East 88th Street

77

The Kenedale, 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

Building Amenities

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

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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
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Subways

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

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