NOT LISTED FOR SALE

Estimated Value: $4,021,000 - $8,026,000

5 Beds
4.5 Baths
3,905 Sq Ft
1931 Built

Sale Details

Date Sold: August 14, 2018

Last sale price $8,950,000 $2,292 Per Sq Ft

Est. 28% decrease in value since last sale

Current estimated payment $44,702 / mo

118 Days on Market

Highlights

  • Pre War Building
  • Formal Dining Room
  • Laundry Facilities
  • P.S. 6 Lillie D. Blake Rated A
  • Cooling Available
  • 4-minute walk to Ancient Playground

About This Home

As of August 2018

Grandly detailed and featuring marriage of pre-war detail and modern design, half-floor Residence 6A at 12 East 88th Street features five bedrooms and four and a half baths with 3,905 SF of thoughtfully-crafted interior space. The residences gracious living, dining room, and kitchen face landmarked East 88th Street, offering charming views of the blocks historic townhomes. The oversized chefs kitchen features custom wood cabinetry, Covelano Oro marble countertops and backsplash, and appliances by Wolf and Sub-Zero as well as an adjacent butlers pantry. The generous master suite features an oversized separate dressing room and an en-suite, five fixture master bath with Dolomiti White marble walls, floors, and counters, a soaking tub, and a separate shower. A separate laundry room allows for ultimate convenience. Immediate occupancy.Located in the heart of Carnegie Hill, Manhattans most distinguished Upper East Side neighborhood, adjacent to the Guggenheim Museum and less than a block away from Central Park, 12 East 88th Street is the classic pre-war condominium residence updated with modern conveniences, finishes, and features. Designed nearly a century ago by the famed Gilded Age architect, Rosario Candela, 12 East 88th Street offers a rare pedigree. Each residence has been thoughtfully rescaled for the needs and tastes of modern residents, with updated touches by renowned firm Champalimaud Design. Curated amenities include a fitness center and playroom leading onto a landscaped terrace.The complete offering terms are in an offering plan available from Sponsor. 12 East 88th LLC, 757 3rd Avenue, 17th Floor, New York, NY 10017. File No. CD14-0260. The artist and computer renderings, photographs, interior decorations finishes, fixtures, appliances and furnishings are provided for illustrative purposes. Sponsor makes no representation warranties except as may be set forth in the Offering Plan. Equal Housing Opportunity.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $60,720

Year Built

  • Built in 1931

HOA Fees

  • $4,278 Monthly HOA Fees

Home Design

  • Pre War Building
  • Entry on the 6th floor

Interior Spaces

  • 3,905 Sq Ft Home
  • Formal Dining Room
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Cooling Available

Listing and Financial Details

  • Tax Block 61149

Community Details

Overview

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

Amenities

  • Courtyard
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$60,720

Year Built

Built in 1931

Lot Details

0 Sq Ft Lot

HOA Fees

$4,278 per month

Listing Details

  • Cross Street: Fifth Avenue & Madison Avenue
  • Exposures: North,South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Carnegie Hill
  • Architectural Style: Prewar
  • Entry Level: 6
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 13

Interior Features

  • Interior Features: Separate/Formal Dining Room
  • Living Area: 3905.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Bathrooms Integer: 4
  • Bedrooms: 5

Exterior Features

  • Exterior Features: Building Courtyard

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area
  • Cooling: Other
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 4278.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Lot Size Dimensions: 100.0 x 100.0

Building Info

  • New Construction: No
  • Building Name: 12 East 88th Street
  • Units: 39
  • Total Stories: 13
  • Year Built: 1931

Tax Info

  • Tax Block: 61149
  • Tax Annual: 60720.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2018
Closed on
Aug 14, 2018
Sold by
12 East 88Th Llc
Bought by
Daly Deblasi As Trustee, Paige and Deblasi, As Trustee, Stephen
List Price
$8,950,000
Sold Price
$8,950,000
Current Estimated Value
$6,429,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,520,745
Avg. Annual Appreciation
-4.18%
Original Mortgage
$6,000,000
Outstanding Balance
$5,133,871
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,295,384
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Daly Deblasi As Trustee, Paige $8,675,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Daly Deblasi As Trustee, Paige $6,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2018 08/14/18 Sold $8,950,000 0.0% $2,292 / Sq Ft
07/15/2018 07/15/18 Pending -- -- --
03/19/2018 03/19/18 For Sale $8,950,000 -- $2,292 / Sq Ft
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
2026 $67,557 $553,571 $70,611 $482,960
2025 $67,297 $540,454 $70,611 $469,843
2024 $67,297 $538,286 $70,611 $467,675
2023 $53,941 $532,995 $70,611 $462,384
2022 $54,058 $545,679 $70,611 $475,068
2021 $62,421 $508,850 $70,611 $438,239
2020 $52,305 $563,600 $70,611 $492,989
2019 $63,233 $550,937 $70,611 $480,326
2018 $60,484 $508,721 $70,611 $438,110
Source: Public Records

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10091174

Real Estate Board of New York (REBNY)

APN: 1499-1120

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