Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $3,350,000

Listed at $3,915,000 · Sold 14.4% below asking · Closed September 20, 2023

1088 PARK Avenue #2F
Closed For Sale Co-op

$3,915,000

1088 PARK Avenue #2F

Carnegie Hill, Manhattan

MLS® #RLS10941683

RLS at REBNY

Listing by Brown Harris Stevens Residential Sales LLC

3

Bedrooms

3

Baths

N/A

Sq. Ft.

1927

Year Built

Quick Summary

Bedrooms 3
Bathrooms 3
Year Built 1927
Ownership Co-op
Maintenance $5,535/mo
Neighborhood Carnegie Hill
Floor 2 of 15

Property Highlights

  • Exposure: North,South,West facing
  • Climate Control: Other
  • Character: Pre-war building (1927)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 8
Baths 3 Full
Floor 2 of 15
Exposure North,South,West
Cooling Other
Pets Yes
Year Built 1927
Structure Type HighRise
Basement Other
Parcel # 1500-0040-01088-000-000002F
Block/Lot 01500/0040

Listing History

Event Date Price Change
Listed Sep 13, 2022 $4,350,000 -
Currently Apr 28, 2026 $3,915,000 -10.0%

Description

GAZE AT YOUR GARDEN

Designed in 1927 by noted architect Mott Schmidt, 1088 Park Avenue is one of the most beautiful and desirable pre-war co-ops on New York's premier residential street. Its grand entrance and vaulted vestibules lead you to its unrivaled interior courtyard and garden.

This highly-coveted south-facing 8 room apartment with magical garden views is available for purchase.

The semi-private elevator landing invites you to a foyer which opens to a large, room-sized gallery which leads to a grand high-ceiling side-by-side living room and dining room. This classically proportioned entertaining space is almost 50 feet in length. The living room, with a wood burning fireplace and herringbone parquet floors, faces south directly onto the newly-restored fountain and gardens below.

The recently renovated windowed eat-in kitchen with Viking 6-burner gas range, exquisite custom-designed brass hood, Miele dishwasher, Viking refrigerator/freezer, separate laundry/staff room (in-unit washer and dryer allowed) complement this 3 bedroom/3 bathroom home.

Every room in this apartment has large windows that provide light and gorgeous garden or city views. It boasts north, south, and west exposures with well-designed closets and storage spaces.

Noted for its exceptional and professional staff, 1088 Park Avenue has two newly-renovated gyms and the aforementioned magical park-like garden.

The building allows 50% financing, has a 2% flip tax to be paid by the buyer, and is pet friendly. There is a temporary monthly special assessment in place of $8.22 per share through December 2023 for several building capital improvements and upgrades.

Perfectly situated in the heart of one of New York City's most desirable neighborhoods, everything is readily available in moments - Central Park, restaurants, shops, schools, and museums.

Features & Amenities

Interior Features

Smoke Free Building None In Unit

Exterior Features

Building Courtyard

Building Amenities

Elevators Green Building

Building Information

Building Data View Compliance & Permits
Total Units 87
Stories 15
Structure HighRise

Financial Details

Maintenance $5,535/mo
Original Price $4,350,000
Sale Price $3,350,000
Previous Price $4,350,000

Carnegie Hill is a low-traffic residential section of the Upper East Side defined by proximity to Central Park and Museum Mile. The area features low-rise historic architecture and large pre-war cooperatives, with landmarked blocks and boutique retail along Madison Avenue.

Carnegie Hill Live Market Data

View Neighborhood

Active Listings

140

Median Asking Price

$2.72M

Median $/Sqft

$1,701

Avg Days on Market

N/A

New This Week

6

Price Reduced

31%

Sold (30 Days)

15

Median Sale Price

$2.50M

Live data from RLS at REBNY • Updated 4/28/26, 8:25 AM EST

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Location

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1088 PARK Avenue #2F, Carnegie Hill, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1925
Year Built
101 years old
15
Floors
87
Residential Units
R10
Zoning District
Elevator Apartments Historic District: Park Avenue Historic District

Tax & Assessment

Assessed Value: $28,971,450
Land Value: $4,995,000
Exemptions: $239,560

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 28,100 SF
Building Area: 216,139 SF
Built FAR: 7.69
Allowed FAR: 10

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $5,535 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 3 bedrooms and 3 full bathrooms.

According to MLS records, the building was constructed in 1927, making it approximately 99 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pets are permitted at this property: Pets Allowed With Board Approval.,Building Pets Allowed Comments:Pets Allowed With Board Approval.. Contact the listing broker for weight limits or breed restrictions.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10941683
First Listed: 10/11/2022
On Market: 9/13/2022
Price Changed: 11/29/2022
Closed: 9/20/2023
Contract Date: 9/13/2022

Listing Courtesy of Brown Harris Stevens Residential Sales LLC - Christopher E Franklin

Listing Contact: (212) 452-6217

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. ©2026 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.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 4/28/2026 at 12:25 PM UTC

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