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19 East 88th Street, #7A

$2,500,000 | 3 beds, 2.5 baths
Building Profile  | 
201 days on Market

Key Details

  • Listed: May 6, 2024
    Last Price Change: ($295,000) on Oct 29
    Days on Market: 201
    Building Type: Cooperative
    Neighborhood: Carnegie Hill (Manhattan)
    Doorman: FT Doorman
    Listing viewed 580 times
Monthly Maintenance: $4,125
Est. Monthly Mortgage: $8,325
Total Est. Monthly Carrying Cost: $12,450
Note: the above is based on a down payment of 50% ($1,250,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Prime Location: This full-service prewar co-op is located in the prime Carnegie Hill area, close to Central Park, Guggenheim Museum, and other major cultural institutions. It's also conveniently close to all forms of transport, many restaurants, cafes, and retailers.
  • Spacious and Elegant Interior: The south-facing, convertible 3-bedroom, 2.5 bath corner residence features grandly proportioned rooms flooded with light, a spacious foyer leading to an elegant sunken living room and a large formal dining room. The oversized Primary Suite and a second large bedroom each have a full en-suite bath, with an additional half bath/powder room off the foyer.
  • Stunning Views and Art Deco Details: Large corner windows offer breathtaking city views. The residence boasts high-beamed ceilings, original wood flooring with Art Deco marquetry, and decorative moldings throughout.
  • Building Amenities: The building features a beautifully maintained Art Deco lobby, a landscaped roof deck with stunning panoramic views, a brand new fitness center, central laundry, and a bike room. Washer/dryers and central A/C are permitted with board approval.
  • Pet-Friendly with Low Maintenance: The building is pet-friendly, has sound financials, and low maintenance. It's located on an attractive, quiet street, close to several private schools.
  • Additional Features: The residence offers an abundance of closet space, a large, windowed kitchen, and many apartments with corner bay windows. The building permits washer/dryers and central air conditioning with board approval.

Description

Just a few doors from the Guggenheim and the Central Park Reservoir, located in one of Carnegie Hill’s most desirable and sought after full-service prewar co-ops, this rarely available, south facing convertible 3 bedroom, 2 1/2 bath corner residence at East 88th Street and Madison Avenue finally comes on the market. Located in a stunning William M. Dowling designed Art Deco Era building, this prewar gem features grandly proportioned rooms that are flooded with light and, at an estimated 1,800 sq feet, this beautiful home can easily be reimagined into a full 3 bedroom. You enter through a spacious foyer that leads to an elegant sunken living room.

The highlight of this graciously sized room are the large corner windows that afford breathtaking south facing city views. The foyer also flows seamlessly to a large, formal dining room as well to an oversized Primary Suite. A second large bedroom is at the opposite end of the apartment allowing for privacy.

Both bedrooms have a full en-suite bath and there is an additional half bath / powder room off the foyer. Other features include the large, windowed kitchen, an abundance of closet space, new south-facing casement windows in every room, high-beamed ceilings, original wood flooring with Art Deco marquetry, and decorative moldings throughout–exemplifying the classic elegance of Art Deco design with a gracious and fluid layout perfect for entertaining. 19 East 88th Street is one of the most revered pre-war co-ops in prime Carnegie Hill. The building features a meticulously restored and beautifully maintained Art Deco lobby, a landscaped roof deck with multiple seating areas and stunning panoramic views, a brand new fitness center, central laundry, a bike room, and storage.

Washer/dryers and central A/C are both permitted with board approval, and pets are allowed. The building has sound financials and low maintenance. There is a 2% flip tax payable by purchaser and 50% financing is allowed. Pied a Terres, Co-Purchasers and Parents buying for children are all considered on a case by case. *Special Assessment* November 1st, 2024 - October 2027 $1.79/share: $714.21 monthly special assessment amount. There are 2 projects the assessment will cover: 1) Façade project (has already begun) 2) Hallway project Located close to all forms of transport, many cultural institutions, countless restaurants, cafes, and retailers.

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Listing courtesy of Compass

Pricing History

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About 19 East 88th Street

74

19 East 88th Street has received a CityRealty Rating of 74, 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
+
24
Out of 36
+
16
Out of 39
+
9
=
74
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Very Distinguished 7 out of 8 points
Retail Quality:
Good 3 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:
Highly Visible 2 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:
More than 50 blocks 0 out of 5 points
Views:
Open 2 out of 4 points
Neighborhood Ambience:
Attractive 2 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:
Spacious 4 out of 5 points
Units Per Floor:
5-9 2 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
Some 1 out of 3 points
Health Club:
None 0 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:
Yes 1 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

  • FT Doorman
  • High-Rise
  • Pre War
  • Rooftop Terrace
  • Washer/Dryer in building
  • Elevator
  • Laundry Room
  • Bike Room
  • Virtual Doorman

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Pros
  • Very good Art-Deco style- pre-war building
  • Roof deck
  • Tall Entrance Lanterns
  • Sidewalk landscaping
  • Canopied Entrance
  • Some Terraces
  • Doorman
  • Close to many schools and cultural institutions
  • Large apartments
  • Attractive- quiet street
  • Unusual stainless steel balconies
  • Close to Subway
Cons
  • No garage
  • Step-down lobby
  • No health club
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Subways

  1. 4
  2. 5
  3. 6
at Lexington Ave 0.24 miles

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