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$4,421,250
List Price: $4,500,000
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47 East 88th Street #5A
Coop in Carnegie Hill •  building info
4bd • 4ba
Buy with Yoreevo

$4,421,250

List Price

$4,500,000

Key Details
Listed today
Last price change
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Estimated payment
$20,080/mo
Taxes
Included in maintenance fees
Maintenance
$6,590/mo
Description
GRAND CARNEGIE HILL PREWAR HOME NEW TO MARKET! An expansive corner classic 9-into-8-room prewar home just moments from Central Park in an elegant full-service luxury cooperative on a prime Carnegie Hill block. Residence 5A at 47 East 88th Street is a majestic, sunlit home with warm southern and western exposures, high beamed ceilings and a layout that is both generous and adaptable for elegant entertaining and spacious living. Featuring a large living room, a formal dining room, a windowed eat-in kitchen, 4 bedrooms plus a large home office/guest bedroom, this residence also translates beautifully to a gracious 3-bedroom plus library as it has been used by its current owner, accommodating any need or preference. Enter off of a semi-private landing and into a grand central gallery with herringbone hardwood floors. Overlooking Madison Avenue to the west through oversized double-hung windows, the living room stretches nearly 25 feet deep and is adorned with a handsome wood burning fireplace and high beamed ceilings overhead. Across the gallery, the formal dining room complements the living room in scale and is made all the more welcoming day and night by a sunny southern exposure over 88th Street. Adjacent to the formal dining room, a large windowed eat-in kitchen welcomes a top-tier re-imagining to create an enviable dining kitchen with ample room for abundant counter space, vast storage, and casual dining as well. Just off of the kitchen, two staff rooms were combined to create one large home office/den/guest bedroom serviced by a bathroom just across the hall. There is a large walk-in closet immediately adjacent which offers an ideal opportunity to carve out a dedicated laundry room upon approval. Separate from the entertaining spaces, the private quarters occupy their own dedicated wing of the home and are beautifully apportioned. The primary bedroom suite wraps the building's southwest corner and is bathed in glorious sun. There are twin cedar closets as well as a windowed en-suite primary bathroom. Two more king-sized bedrooms are serviced by a windowed Jack-and-Jill bathroom, and one of them enjoys a double exposure east and south over 88th Street. The fourth bedroom which currently serves as a library is ideally accessible both off of the bedroom corridor as well as the gallery, with a third full bathroom immediately adjacent, allowing it to function easily as a full-time bedroom if desired. Pending building review and approval of plans, a powder room could also be added off of the gallery by accessing plumbing from the existing bathroom off of the bedroom corridor. One block from Central Park, 47 East 88th Street is a handsome luxury prewar cooperative which commands the northeast corner of Madison Avenue and 88th Street. A full-service staff is comprised of full-time doormen, porters and live-in resident manager, and there is a fitness room, children's playroom, dedicated private storage units and bicycle storage. Residents of this prime Carnegie Hill cooperative enjoy quick access to Central Park and the Onassis Reservoir as well as immediate proximity to the finest of the city's museums and educational institutions as well as a rich host of luxury and boutique shopping and dining experiences which define life on the Upper East Side. Financing is allowed up to 50% and there is a flip tax of 2% payable by the purchaser. Pets are welcome.

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Important Stuff
Elevator
Washer/Dryer in unit
Full Time Doorman
Cats and Dogs allowed
Unit features
Fireplace
Hardwood floors
View

City

Building amenities
Services and facilities
Bike Room
Children's Playroom
Fios Available
Laundry in Building
Live In Super
Storage

Locker/Cage

Wellness and recreation
Gym
Building info

History
What it'll cost
Purchase price
$4,500,000
Asking Price: $4,500,000
Term
30 Years
Down Payment
$2,250,000 (50%)
Min: 50% (2,250,000)
Rate
6.0 %
Mortgage Amount
$2,250,000
Mortgage Payment
$13,490
Maintenance
$6,590
Estimated Yoreevo rebate
$78,750
Estimated closing cost
$75,000
Total monthly cost $20,080
Buy your dream home with us and get an estimated $78,750 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Brown Harris Stevens

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