NOT LISTED FOR SALE

Estimated Value: $1,357,000 - $1,537,000

1 Bed
1 Bath
868 Sq Ft
$1,043/mo HOA Fee

Last Sold October 17, 2019

Last sale price $1,476,462 $1,701 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $10,480/month

320 Days on Market

Highlights

  • Full Time Doorman
  • Pre War Building
  • Bathroom is in fair condition
  • P.S. 6 Lillie D. Blake Rated A
  • Kitchen is in good condition
  • 4-minute walk to Ancient Playground

About This Home

As of October 2019

This desirable residence is located in Carnegie Hill, arguably one of New York's most exclusive neighborhoods, home to world-class art museums, the finest schools, as well as some of the grandest examples of pre-war apartment buildings and townhouses. This spacious one-bedroom CONDO is located in an architecturally significant pre-war Rosario Candela gem offering an opportunity to live in a superior building that provides a classic, refined and worldly environment. Residence 3B provides a gracious and stately entry foyer that leads into spacious and sunlit rooms with classic pre-war details. There are lovely tree top views looking out onto the landmarked townhouses on E. 88th Street from every window in every room!Nestled in the true heart of the Upper East Side, this sponsor sale apartment is just minutes from Central Park, the Guggenheim Museum and some of the city's finest shops and restaurants. This home can be moved into immediately and updated over time if desired. Please note: there is an opportunity to negotiate a credit at the closing to help offset renovation costs.. This restored building includes 24-hour concierge, resident lounge with catering kitchen, dining area and billiards, a courtyard garden, state-of-the-art fitness center, playroom, bicycle storage and resident storage available for purchase.

Last Agent to Sell the Property

Susan DiLeo

Corcoran Group License #10401235991 Listed on: 10/31/2018

Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,644

Year Built

  • Built in 1931

Lot Details

  • North Facing Home
  • Garden
  • Property is in good condition

HOA Fees

  • $1,043 Monthly HOA Fees

Home Design

  • 868 Sq Ft Home
  • Sponsor Unit
  • Pre War Building

Kitchen

  • Kitchen is in good condition

Bedrooms and Bathrooms

  • 1 Bedroom
  • Bathroom is in fair condition
  • 1 Full Bathroom

Listing and Financial Details

  • Tax Block 611499

Community Details

Overview

  • 39 Units
  • 2 Elevators
  • 12 East 88Th Street Condos
  • Carnegie Hill Subdivision
  • 13-Story Property

Amenities

  • Full Time Doorman
  • Courtyard
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,644

Year Built

Built in 1931

Lot Details

0

HOA Fees

$1,043 per month

Listing Details

  • Cross Street: Fifth Avenue & Madison Avenue
  • Exposures: North
  • SponsorUnitYN: Yes
  • BuildingRules: BuildingWasherDryerAllowed
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Carnegie Hill
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 13

Interior Features

  • Living Area: 868.0
  • Living Area Units: Square Feet
  • Kitchen Condition: Good
  • Floor Number: 3

Beds/Baths

  • Bathroom Condition: Fair
  • Bathrooms Total: 1
  • Full Bathrooms: 1
  • Bedrooms: 1

Exterior Features

  • Exterior Features: Building Courtyard, Garden
  • Property Condition: Good

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common Area

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1043.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 100.0 x 100.0

Building Info

  • New Construction: No
  • New Development: No
  • Building Name: 12 East 88th Street
  • Elevators: 2
  • Units: 39
  • Total Stories: 13
  • Year Built: 1931
  • Roof Rights: No
  • Lobby Attendance Type: DoormanFullTime

Tax Info

  • Tax Block: 611499
  • Building Tax Lot: 611499
  • Tax Annual: 13644.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2018
Closed on
Oct 17, 2019
Sold by
Bh Karka Llc
Bought by
Otis Shore Llc
Seller's Agent
Susan DiLeo
Corcoran Group
List Price
$1,650,000
Sold Price
$1,476,463
Premium/Discount to List
-$173,538
-10.52%
Current Estimated Value
$1,484,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,999
Avg. Annual Appreciation
-0.60%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Otis Shore Llc $1,476,462 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2019 10/17/19 Sold $1,476,463 -10.5% $1,701 / Sq Ft
09/17/2019 09/17/19 Pending -- -- --
10/31/2018 10/31/18 For Sale $1,650,000 -- $1,901 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

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 $14,851 $119,265 $15,582 $103,683
2024 $14,851 $118,787 $15,582 $103,205
2023 $14,428 $117,620 $15,582 $102,038
2022 $14,424 $120,419 $15,582 $104,837
2021 $13,775 $112,292 $15,582 $96,710
2020 $14,391 $124,374 $15,582 $108,792
2019 $13,954 $121,580 $15,582 $105,998
2018 $13,347 $112,263 $15,582 $96,681
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10572903

Real Estate Board of New York (REBNY)

APN: 1499-1110