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List price: $5,500,000
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1088 Park Avenue #12A
Coop in Carnegie Hill • 
building info
5bd • 4ba
List price

$5,500,000

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Key Details
Days on market
166
Last price change
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Estimated payment
$26,804
Monthly taxes
N/A
Monthly maintenance
$6,625
Description
Rare and distinguished, this full-floor, 5-bedroom, 4-bathroom home in the prestigious 1088 Park Avenue cooperative features a private entry landing and affords spacious formal and casual living for the entire family! As this home occupies the entire 12th floor, there are plentiful windows in all directions, north, east, south, and west, ensuring light throughout the day. The gracious proper foyer, living and dining rooms are elegant, open spaces that flow seamlessly from one to the others, appointed with a wood-burning fireplace, herringbone floors, and classic prewar details. Adjoining the dining room, the large chef's kitchen is the heart of this home with cheery views of the large courtyard gardens and a corner table and banquette for easy dining and homework. The top-of-the-line appliances include Sub-Zero, Wolf, Miele, and Betlan to facilitate your creation of favorite recipes. In addition to the plentiful custom cabinetry in the kitchen, the adjacent Butler's pantry features fabulous additional storage cabinets and the washer and dryer. The separate bedroom wing features the tranquil and sunny master suite complete with two walk-in closets, additional custom built-ins, and an en-suite windowed bathroom with a custom vanity. Two large bedrooms complete the wing, each with its own windowed bathroom. Along the bedroom wing gallery, a very large walk-in closet and a linen closet provide bonus storage in addition to the closets in the bedrooms. Off the foyer, the fourth bedroom or den is a wonderfully flexible space. The fifth bedroom or office near the kitchen includes the fourth bathroom. This sophisticated home is waiting for you. Inspiring in scale and dimension, Mott B. Schmidt's 1088 Park Avenue still stands as one of Carnegie Hill's preeminent, architecturally significant, and iconic buildings. Built in 1927 and designed by Schmidt, 1088 is distinguished by its large yet intimate garden courtyard and splendid double-height entrance. In addition to the grand courtyard, the building features two gyms, 24-hour doormen, storage, and bike storage. Conveniently located moments from Central Park, The Guggenheim Museum, and The Metropolitan Museum of Art, 1088 offers easy access to the best of the Upper East Side, including many of the best schools, excellent shopping, as well as transportation. 1088 is one of the Avenue's few coops with a truly grand entry. Converted in 1950, its 90 owners receive exceptional white-glove service from a seasoned staff that knows how to provide attention. There is a 2% flip tax paid by the buyer. 50% financing and pets are permitted.

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Important Stuff
Important Stuff
Doorman
Elevator
Washer/Dryer In Unit
Amenities
BUILDING AMENITIES
  • Gym
  • Bike Room
  • Dogs allowed
  • Live In Super
  • Fios Available
  • Storage Available
LISTING AMENITIES
  • Garden
  • Storage
  • City View
  • Fireplace
  • Health Club
  • Bicycle Room
History
What it'll cost
Purchase price
$5,500,000
Asking Price: $5,500,000
Term
30 Years
Down Payment
$2,750,000 (50%)
Min: 50% (2,750,000)
Rate
8.0 %
Mortgage Amount
$2,750,000
Mortgage Payment
$20,179
Maintenance
$6,625
Estimated Yoreevo rebate
$91,667
Estimated closing cost
$131,000
Total monthly cost $26,804
Buy your dream home with us and get an estimated
$91,667 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Courtesy of Compass

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