40 E 88th Street # PH14E
Manhattan, NY, 10128 $ 4,995,000
Bedrooms3 Baths3.1 Sq 181,011 Monthly Estimate*
$ 33,198
for $4,995,000 with 3 bedrooms and 3 full baths, 1 half bath. This 181,011 square foot home was built in 1930.
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 currently in place a monthly Operating Assessment of $2,670 through December 2024. 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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FeaturesGeneralInterior Features Elevator Storage
Appliances Dishwasher
Zoning C1-5/R10/MP
HOA 7649.0
Garage Spaces 0.0
Architectural Style Prewar
Pets Allowed BuildingYes Yes
Year Built 1930
View City ParkGreenbelt
Unit Number PH14E
Property SubType Apartment
Assoc Fee Paid Per Monthly
County NewYork
New Construction No
Property Type Residential
Subdivision Name Carnegie Hill
Garage Y/N No
Total Rooms 8
City NewYorkCity
View Y/N Yes
Total Units 87
Street Name 88th
Tax Annual Amount 0.0
Virtual Tour https://40e88stph14e.com
Structure Type MultiFamily
Standard Status Active
Tax Lot 0051
Property Sub Type Additional Apartment
Expected Active Date 2023-11-09
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InteriorFurnished Y/N Unfurnished
Total Fireplaces 1
Fireplace Features Other
Total Stories 15
Fireplace Y/N Yes
Full Baths 3
Half Baths 1
Street Suffix Street
Laundry Features CommonOnFloor CommonArea InUnit
Total Bedrooms 3
Total Baths 4
Living Area Units SquareFeet
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ExteriorLot Size Area 16560.0
Building Area Total 181011.0
Lot Dimensions 101.0 x 164.0
Lot Size Units SquareFeet
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* Excluded FeaturesList ByRoberta GolubockListing Agent
Sothebys International RealtyBroker
Affordability Calculator
- Monthly Principal & Interest
- $33,198
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCo-op listings in Manhattan, NY
Average List Price $2,047,370
Percent of Sale Price 59%
About Manhattan, NY 1,662,179 Population
8% Since 2002
$ 86,055 Median Income
39.14 Median Age
16% Households with Children
Trends Information provided by ATTOM Data Solutions.
1503813 Elementary School
1503814 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
5/7/2024 | $4,995,000 | -9.18% | Price Down |
11/9/2023 | $5,500,000 | | Listed Price |