NOT LISTED FOR SALE

12 E 88th St Unit TH2 New York, NY 10128

Carnegie Hill Neighborhood

Estimated Value: $987,000 - $6,453,221

4 Beds
4.5 Baths
4,171 Sq Ft
$4,951/mo HOA Fee

Last Sold April 30, 2021

Last sale price $6,000,000 $1,439 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $38,153/month

219 Days on Market

Highlights

  • Newly Remodeled
  • Pre War Building
  • Laundry Facilities
  • P.S. 6 Lillie D. Blake Rated A
  • Courtyard
  • 4-minute walk to Ancient Playground

About This Home

As of April 2021

Located steps from Fifth Avenue, Central Park and the Guggenheim Museum, this approximate 4,171 sq.ft. 4 bedroom, 4.5 bathroom duplex allows for elite townhouse living on the coveted Upper East Side with the convenience of a full service white glove condominium. Elegant but comfortable, this exceptional home beautifully infuses old world detail with modern convenience.

The expansive living space reinterprets the classic pre-war interior, flexible for a living and dining room or one impressive great room. The generous room is drenched with light flooding across stained six-inch white oak floors and offer views of neighboring Beaux-Arts townhouses. An oversized, sunny eat-in kitchen is outfitted with custom white cabinetry accented by Covelano Oro marble countertops and backsplashes, Dornbracht polished chrome faucets, and feature a full range of professional appliances by Wolf and Sub-Zero.

Thoughtfully designed private quarters consist of 3 bedrooms with ensuite bathrooms and walk-in closets. The luxurious master suite boasts a sumptuous master bath with an oversized cast-iron tub and separate walk-in shower featuring Dolomiti White marble counters, walls and floors. Carefully curated furnishings include custom white-glass cabinets with polished chrome trim, open shelving and integrated LED lighting. Secondary bedrooms each feature ensuite bathrooms outfitted with Calacatta Oro marble countertops, walls and floors, a Waterworks tilt mirror, polished chrome fittings and custom cabinetry. A spacious separate laundry room allows for ultimate convenience.

The ground floor features two entrances, including a separate street-level entry. It encompasses a large fourth bedroom, with an adjacent full bath with the same exquisite finishes as the secondary bathrooms, and a separate room adaptable as a den or fifth bedroom. This floor is anchored by a massive media room with even more storage space, including another walk-in closet.

This full-service condominium building boasts extraordinary amenities such as a 24-hour doorman, full concierge services for residents, a world-class fitness center, a beautifully appointed residents' lounge and private courtyard garden, as well as a children's playroom.

Designed by Rosario Candela, a virtuoso of gilded age uptown architecture and aesthetic, and thoughtfully rescaled by renowned firm Champalimaud Design, the one-hundred-year-old building at 12 East 88 St. lends itself to both formal and contemporary living and flawlessly achieves a unique interweaving of old and new.

The complete offering terms are in an offering plan available from Sponsor. File No. CD12-0242. 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. This is a co-exclusive with Brown Harris Stevens.

Last Agent to Sell the Property

Adam Modlin

Modlin Group LLC License #49MO0915281 Listed on: 11/18/2019

Co-Listed By

Andrew Nierenberg

Modlin Group LLC License #10401306799

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $66,216

Year Built

  • Built in 1931 | Newly Remodeled

HOA Fees

  • $4,951 Monthly HOA Fees

Home Design

  • 4,171 Sq Ft Home
  • Pre War Building

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Courtyard

Community Details

Overview

  • 39 Units
  • Carnegie Hill Subdivision
  • 13-Story Property

Amenities

  • Courtyard
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$66,216

Year Built

Built in 1931 | Newly Remodeled

Lot Details

0

HOA Fees

$4,951 per month

Listing Details

  • Exposures: North,South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Carnegie Hill
  • Architectural Style: Prewar
  • Entry Level: 1
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 13

Interior Features

  • Living Area: 4171.0
  • Living Area Units: Square Feet
  • Rooms (Total): 7

Beds/Baths

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

Exterior Features

  • Exterior Features: Building Courtyard, Courtyard

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 4951.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Area: 10066.0
  • Lot Size Dimensions: 100.0 x 100.67

Building Info

  • New Construction: Yes
  • Units: 39
  • Total Stories: 13
  • Year Built: 1931

Tax Info

  • Tax Block: 0
  • Tax Annual: 66216.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2019
Closed on
Apr 29, 2021
Sold by
12 East 88Th Llc
Bought by
Askari Ali and Askari Samira
Seller's Agent
Adam Modlin
Modlin Group LLC
List Price
$7,495,000
Sold Price
$6,000,000
Premium/Discount to List
-$1,495,000
-19.95%
Current Estimated Value
$4,948,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,051,695
Avg. Annual Appreciation
-4.19%
Original Mortgage
$4,000,000
Outstanding Balance
$3,640,371
Interest Rate
3.1%
Mortgage Type
Unknown
Estimated Equity
$1,377,460
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
Askari Ali $6,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 12 East 88Th Llc $4,000,000
Closed Askari Ali $4,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2021 04/30/21 Sold $6,000,000 -19.9% $1,439 / Sq Ft
06/25/2020 06/25/20 Pending -- -- --
11/18/2019 11/18/19 For Sale $7,495,000 -- $1,797 / 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 $70,471 $565,950 $73,942 $492,008
2024 $70,471 $563,679 $73,942 $489,737
2023 $56,485 $558,139 $73,942 $484,197
2022 $56,438 $571,422 $73,942 $497,480
2021 $65,365 $532,855 $73,942 $458,913
2020 $68,289 $590,188 $73,942 $516,246
2019 $66,217 $576,928 $73,942 $502,986
2018 $63,338 $532,720 $73,942 $458,778
Source: Public Records

Agents Affiliated with this Home

  • Adam Modlin

    Seller's Agent in 2021

    Adam Modlin

    Modlin Group LLC

    (917) 886-4124

    5 in this area

    74 Total Sales

    Adam Modlin
    Section Image
  • Andrew Nierenberg

    Seller Co-Listing Agent in 2021

    Andrew Nierenberg

    Modlin Group LLC

    (212) 965-6000

    3 in this area

    52 Total Sales

    Andrew Nierenberg
    Section Image
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10594233

Real Estate Board of New York (REBNY)

APN: 1499-1102

New York New York County New York 10128 Carnegie Hill

12 E 88th St Unit TH2, New York, NY

This home is located at 12 E 88th St Unit TH2, New York, NY 10128 since 18 November 2019 and is currently estimated at $4,948,305, approximately $1,186 per square foot. This property was built in 1931. 12 E 88th St Unit TH2 is a home located in New York County with nearby schools including P.S. 6 Lillie D. Blake, Robert F Wagner Middle School, and Clinton School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

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