Pending

40 East 88th Street PH14E

New York City NY, 10128

$4,350,000


Pending

3 Beds

4 Baths

Co-op

Built in 1930

A captivating and comfortable 1930 penthouse high atop one of Carnegie Hill's Art Deco gems, designed by noted American architects Sugarman (a J.E.R. Carpenter alumnus) & Berger. The chic and charming 2,750 square foot, 8 room cooperative apartment boasts any gardener's delight - a 43.5 foot long setback terrace, perfect for outdoor dining and entertainment. This exceptional aerie, available for the first time in 50 years, was custom designed for a daughter the building's owner and was once home to iconic American actor and comedian Milton Berle.

Light-flooded and beautifully proportioned, the apartment features a 23 foot Gallery with original terrazzo flooring. An enfilade of 3 gracious reception rooms overlooks the 300 square foot terrace. In the vast 27.5 foot Living Room, a pair of original steel casement French doors bookend a wood-burning fireplace with a beautiful marble mantelpiece. The adjacent corner Library/Third Bedroom and a sunlit corner Solarium/Study with original slate flooring and art glass steel casement windows also overlook the terrace. The Gallery leads to a generous Dining Room, which adjoins the Solarium. Authentic Art Deco architectural details include oak herringbone parquet flooring, whimsical leaded art glass windows, detailed crown moldings and period tilework throughout. This classic Upper East Side residence also includes 3 large Bedrooms, 4 Bathrooms, a corner south-facing windowed Kitchen, and a Staff or 4th Bedroom. The versatile floorplan is thoughtfully designed with superb scale, ceilings measuring 9 foot, 6 inches and outstanding storage (15 closets).

The elegant Art Deco Lobby at 40 East 88th Street has been meticulously restored to its original design. Amenities include a state-of-the-art gym, a central Laundry Room, and a bicycle storage room. The well-staffed cooperative affords maximum privacy and excellent security, with a Resident Manager and full-time Doorman and Concierge services. Dogs and cats are permitted, as is financing of up to 50% of the purchase price. Washer/dryers are permitted with Board approval. There is currently in place a monthly Operating Assessment of $2,670 through December 2024.

Its prime location at the corner of Madison Avenue and East 88th Street (at the crest of the Carnegie Hill) is in close proximity to Central Park, Museum Mile and is convenient to the fine restaurants, galleries and boutiques of Madison Avenue. 40 East 88th Street is zoned for P.S. 6 - Lillie D. Blake Elementary School and is close to a number of other excellent educational institutions. The apartment transfers with a private storage locker.

PRCH-7750956

MLS ID

November 9, 2023

Listed

December 19, 2024

Updated

Map

40 East 88th Street PH14E
New York City NY, 10128

Interior Features

Total Stories

15


Bedrooms

3


Total Bathrooms

4


Full Bathrooms

3


Half Bathrooms

1


Interior Features

Elevator, Storage


Appliances

Dryer, Washer/Dryer Stacked, Dishwasher, Washer


Laundry Description

Common On Floor, Common Area, In Unit


Fireplace

Yes


Fireplace Description

Other


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.38 Acres


Architectual Style

Prewar

Other Property Details

Maintenance Fee

$7,649


Maintenance Fee Frequency

Monthly


Garage

No


View

Yes


View Description

City, Park/Greenbelt


County

NewYork


Pool

No


Zoning

C1-5/R10/MP

Listing History

Date

Event

Price

12/19/2024

Pending

11/20/2024

Price change

$4,350,000

-9%

10/7/2024

Price change

$4,750,000

-5%

5/7/2024

Price change

$4,995,000

-10%

Listed by Roberta Golubock with Sothebys International Realty
Listing Contact: (212) 606-7704 

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the “RLS”). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024  The Real Estate Board of New York, Inc., All rights reserved

Data last updated on 12/19/2024 at 8:10 PM UTC

 

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