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In Contract

1088 Park Avenue, #2F

$3,915,000 | 3 beds, 3 baths
Building Profile  | 
766 days on Market

Key Details

  • Listed: Oct 11, 2022
    Last Price Change: ($435,000) on Nov 29
    Days on Market: 766
    Building Type: Cooperative
    Neighborhood: Carnegie Hill (Manhattan)
    Doorman: FT Doorman
    Listing viewed 347 times
Monthly Maintenance: $5,535
Est. Monthly Mortgage: $12,918
Total Est. Monthly Carrying Cost: $18,453
Note: the above is based on a down payment of 50% ($1,957,500), which is the minimum amount permitted by the building.

Description

GAZE AT YOUR GARDEN

Designed in 1927 by noted architect Mott Schmidt, 1088 Park Avenue is one of the most beautiful and desirable pre-war co-ops on New York’s premier residential street. Its grand entrance and vaulted vestibules lead you to its unrivaled interior courtyard and garden.

This highly-coveted south-facing 8 room apartment with magical garden views is available for purchase.

The semi-private elevator landing invites you to a foyer which opens to a large, room-sized gallery which leads to a grand high-ceiling side-by-side living room and dining room.

This classically proportioned entertaining space is almost 50 feet in length. The living room, with a wood burning fireplace and herringbone parquet floors, faces south directly onto the newly-restored fountain and gardens below.

The recently renovated windowed eat-in kitchen with Viking 6-burner gas range, exquisite custom-designed brass hood, Miele dishwasher, Viking refrigerator/freezer, separate laundry/staff room (in-unit washer and dryer allowed) complement this 3 bedroom/3 bathroom home.

Every room in this apartment has large windows that provide light and gorgeous garden or city views.

It boasts north, south, and west exposures with well-designed closets and storage spaces.

Noted for its exceptional and professional staff, 1088 Park Avenue has two newly-renovated gyms and the aforementioned magical park-like garden.

The building allows 50% financing, has a 2% flip tax to be paid by the buyer, and is pet friendly. There is a temporary monthly special assessment in place of $8.22 per share through December 2023 for several building capital improvements and upgrades.

Perfectly situated in the heart of one of New York City’s most desirable neighborhoods, everything is readily available in moments - Central Park, restaurants, shops, schools, and museums.

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Listing courtesy of Brown Harris Stevens Residential Sales LLC

Pricing History

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About 1088 Park Avenue

90

1088 Park Avenue has received a CityRealty Rating of 90, 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

29
Out of 44
+
30
Out of 36
+
21
Out of 39
+
10
=
90
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Very Distinguished 7 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
Dramatic 3 out of 3 points
Alterations:
Well Done 1 out of 2 points
Plaza Or Atrium:
Very Attractive 3 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:
Attractive 2 out of 2 points
Fenestration:
No Consistency 0 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:
Yes 1 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 10 blocks 5 out of 5 points
Views:
Impressive 3 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:
3-6 Short Blocks 1 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:
Stunning 5 out of 5 points
Units Per Floor:
5-9 2 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
Yes 1 out of 2 points
Private Gardens:
Substantial 2 out of 2 points
Storage Rooms:
Minimal 1 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
Some 1 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
Yes 1 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:
Some 1 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Many 2 out of 2 points

Building Amenities

  • Attended Lobby
  • Concierge
  • FT Doorman
  • High-Rise
  • Pre War
  • Resident Storage
  • Garden
  • Health Club
  • Elevator
  • Fitness Center
  • Rooftop Terrace
  • Courtyard
  • Bike Room
  • Fireplaces

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Pros
  • Doorman
  • Near numerous schools and museums
  • Fairly close to public transportation
  • Good gourmet food stores nearby
  • Prime Carnegie Hill location
  • Fireplaces
  • Fitness center
  • Concierge
  • Grand entrance
  • Large- handsome- landscaped courtyard
  • Prime residential location
  • Close to Subway
Cons
  • No roof deck
  • Many apartments
  • No garage
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Subways

  1. 4
  2. 5
  3. 6
at Lexington Ave 0.18 miles

Aerial Imagery

 

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