NOT LISTED FOR SALE

Estimated Value: $4,977,000 - $6,383,286

4 Beds
4 Baths
-- Sq Ft
$8,419/ mo HOA Fee

Last Sold April 03, 2025

Last sale price $6,400,000

Est. 11% decrease in value since last sale

Current estimated payment $44,451/month

189 Days on Market

Highlights

  • City View
  • 4-minute walk to 86 Street (4,5,6 Line)
  • Wood Flooring
  • P.S. 6 Lillie D. Blake Rated A
  • 28,100 Sq Ft lot
  • Terrace

About This Home

As of April 2025

Superb Duplex Terraced Penthouse on Park Avenue Perfectly situated on the 16th/17th floor of one of the most desirable prewar cooperatives in Carnegie Hill, this 4 bedroom/4 bathroom home offers unparalleled elegance and sophistication. Enter via a semi-private elevator landing into a gracious gallery. The entertaining space is expansive, perfect for both formal gatherings and casual living. The grand Living Room is adorned with beautiful hardwood floors and a wood-burning fireplace and features multiple seating areas. It flows effortlessly into the Dining Room. The huge expanse is bathed in sunlight streaming from both the south and north. The impeccably appointed windowed Eat-in Kitchen features a 4-burner Viking gas range, additional Dacor oven, Sub-Zero refrigerator, and two Sub-Zero fridge drawers. Completing the downstairs is a Den, an additional Bedroom/Office, and a windowed full Bath. The beautiful grand curved staircase, illuminated by a magnificent skylight, leads to three spacious bedrooms on the upper level. The Primary Suite boasts two glorious terraces (approximately 800 square feet), offering an oasis of tranquility and light, inviting you to unwind amidst breathtaking views. Additionally, there are two sun-flooded Bedrooms, both generously proportioned. Other features of this wonderful home include high ceilings, through-the-wall AC, washer/dryer, and an abundance of closet space throughout. 1088 Park Avenue is one of the most coveted and architecturally significant Prewar Cooperatives in Carnegie Hill. Designed in 1927 by the renowned architect Mott B. Schmidt, the building features a grand entry lobby with double-height vaulted vestibules opening onto the Italianate private courtyard and garden. The exquisite garden is a welcome retreat from the busy city and offers lovely seasonal plantings, a large fountain, and variety of charming seating alcoves for residents to enjoy—a private park within the building. The building is known for its exceptional staff and service, which also includes bike storage, two newly renovated gyms, and private storage. 50% financing is allowed, there is a 2% flip tax paid by the purchaser, and pets are permitted. PLEASE NOTE PHOTOS OF THE TERRACE ARE VIRTUALLY STAGED.

Last Agent to Sell the Property

Allison Koffman

Sothebys International Realty License #30KO1008123 Listed on: 04/08/2024

Sothebys International Realty

Co-Listed By

Juliette Janssens

Sothebys International Realty License #30JA0966185

Last Buyer's Agent

Abra Nowitz

Corcoran Group License #10301205252

Corcoran Group

Property Details

Home Type

  • Co-Op

Year Built

  • Built in 1924

Lot Details

  • 28,100 Sq Ft Lot
  • South Facing Home

HOA Fees

  • $8,419 Monthly HOA Fees

Interior Spaces

  • Wood Burning Fireplace
  • Home Gym
  • Dishwasher
  • Wood Flooring
  • City Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Terrace

Listing and Financial Details

  • Legal Lot and Block 0040 / 01500

Community Details

Overview

  • 87 Units
  • Carnegie Hill Subdivision
  • 15-Story Property

Amenities

  • Building Terrace

Property Details

Home Type

Co-Op

Year Built

Built in 1924

Lot Details

0.65 Acres

HOA Fees

$8,419 per month

Listing Details

  • Exposures: North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Carnegie Hill
  • Structure Type: Duplex, Multi Family
  • Special Features: VirtualTour
  • Property Sub Type: Coop
  • Stories: 15

Interior Features

  • Appliances: Dryer, Dishwasher, Washer
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood
  • Living Area Units: Square Feet
  • Dining Room Type: Gym

Beds/Baths

  • Full Bathrooms: 4
  • Bathrooms Integer: 4
  • Bedrooms: 4

Exterior Features

  • View: City
  • View: Yes
  • Direction Faces: South
  • Exterior Features: Private Outdoor Space Over 60 Sqft
  • Patio/Porch Features: Building Terrace, Terrace

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: In Unit

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 8419.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Association: No
  • Common Interest: Stock Cooperative

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 28100.0
  • Lot Size Dimensions: 150.67 x 160.0

Building Info

  • New Construction: No
  • Units: 87
  • Total Stories: 15
  • Year Built: 1924

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 01500
  • Tax Lot: 0040

Multi Family

  • Building Area Units: Square Feet

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2025 04/03/25 Sold $6,400,000 -14.6% --
12/17/2024 12/17/24 Off Market $7,495,000 -- --
10/15/2024 10/15/24 Pending -- -- --
10/09/2024 10/09/24 For Sale $7,495,000 +17.1% --
10/08/2024 10/08/24 Off Market $6,400,000 -- --
06/12/2024 06/12/24 Price Changed $7,495,000 -6.3% --
04/08/2024 04/08/24 For Sale $7,995,000 -- --
Source: Real Estate Board of New York (REBNY)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 -- -- -- --
2024 -- $0 $0 $0
2023 $0 $0 $0 $0
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10968684

Real Estate Board of New York (REBNY)

APN: 01500-0040PHE

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