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1088 Park Avenue #PHE
Coop in Carnegie Hill •  building info
4bd • 4ba
List Price

$7,495,000

Key Details
Days on market
191
Last price change
loading...
Estimated payment
$30,887
Monthly taxes
N/A
Monthly maintenance
$8,419
Description
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 enjoya 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.

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Important Stuff
Washer/Dryer in unit
Elevator
Full Time Doorman
Cats and Dogs allowed
Listing Amenities
Storage Available
Hardwood floors
City View
Fireplace
Dishwasher
Skyline View
Building Amenities
Bike Room
Gym
Live In Super
Fios Available
Storage Available
Laundry in Building
Outdoor Space
Garden
Terrace
Building info

History
What it'll cost
Purchase price
$7,495,000
Asking Price: $7,495,000
Term
30 Years
Down Payment
$3,747,000 (50%)
Min: 50% (3,747,000)
Rate
6.0 %
Mortgage Amount
$3,747,500
Mortgage Payment
$22,468
Maintenance
$8,419
Estimated closing cost
$176,000
Total monthly cost $30,887
Listing Courtesy of Sothebys International Realty

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