Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $4,250,000

· Closed October 28, 2019

1088 PARK Avenue #5E
Closed For Sale Co-op

$4,250,000

1088 PARK Avenue #5E

Upper East Side, Manhattan

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MLS® #RLS10566627

RLS at REBNY

Listing by Brown Harris Stevens Residential Sales LLC

3

Bedrooms

2.5

Baths

N/A

Sq. Ft.

1927

Year Built

Quick Summary

Bedrooms 3
Bathrooms 3 full, 1 half
Year Built 1927
Ownership Co-op
Maintenance $4,880/mo
Neighborhood Upper East Side

Property Highlights

  • Exposure: North,South facing
  • Style: Prewar architecture
  • Character: Pre-war building (1927)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 7
Baths 2 Full, 1 Half
Exposure North,South
Pets Yes
Cross Street East 88th Street/East 89th Street
Year Built 1927
Architectural Style Prewar
Parcel # 1500-0040-01088-000-000005E

Listing History

Event Date Price Change
Listed Apr 5, 2019 $4,495,000 -
Currently Apr 26, 2026 $4,250,000 -5.5%

Description

Fittingly located two blocks from the Guggenheim Museum, this classic Park Avenue residence is a work of art! Elegant, elevated, and exquisite are words that come to mind when one enters this Classic 8 reimagined into a Sprawling 7. Renovated from top to bottom with meticulous attention to detail, this 3-bedroom, 2.5-bathroom home is a perfect blend of seamless, modern functionality and original prewar details. Top-of-the-line fixtures, finishes, and fittings throughout cater to the homebuyer with refined tastes and exacting standards.

Smartly laid out with no wasted space, this impressive home is anchored by an elegant central gallery, which one enters after progressing through the foyer from a semi-private landing (only two apartments per floor). The home's sprawling living room boasts pristine herringbone hardwood floors, a wood burning fireplace for cozy winter evenings, and multiple beautiful features that one finds throughout the home, including casement windows, crown and baseboard moldings, and tall ceilings. The home's expansive and immaculate eat-in kitchen was created by combining the original kitchen with the butler's pantry and one of two maid's rooms, yielding a space worthy of the most discerning home chef. It flaunts ample cabinet and countertop space, a dining island, and a full suite of high-end appliances including a restaurant-quality La Cornue range handcrafted in France, a Sub-Zero refrigerator and wine cooler, and a washer/dryer. The home is further enhanced by 2.5 spa-caliber renovated bathrooms, a formal dining room currently being used as a den, a home office, a private storage cage (measuring 10'-6" deep, 9'-8" high, 4'-6" wide), and central A/C.

1088 Park Avenue, erected in 1925, is one of the most prestigious and architecturally significant buildings in Carnegie Hill. Built in the neo-Classical style and designed by Mott B. Schmidt, the lauded architect for the Astor, Moran, and Vanderbilt families, the building is distinguished by a three-story limestone base, an arched two-story grand canopied entrance, a vaulted lobby, and at its center, a large Italianate courtyard garden. Residents of this white glove, pet-friendly cooperative enjoy a fitness center, a bike room, and the highest level of service from its large, impeccably trained staff. Up to 50% financing is permitted, and there is a 2% flip tax paid by the buyer.

Features & Amenities

Appliances

Dryer Washer

Building Information

Building null
Building Data View Compliance & Permits
Total Units 87
Stories 15
Style Prewar

Financial Details

Maintenance $4,880/mo
Original Price $4,495,000
Sale Price $4,250,000

The Upper East Side remains the gold standard for classic New York elegance. Known for 'Museum Mile' and its low-traffic, tree-lined streets, the neighborhood offers a refined lifestyle away from the midtown bustle. While famous for its historic cooperatives, the area has seen a recent surge in ultra-luxury new construction condos, particularly along the Second Avenue Subway corridor, making it a top choice for both traditionalists and modern buyers.

Upper East Side Live Market Data

View Neighborhood

Active Listings

339

Median Asking Price

$1.57M

Median $/Sqft

$1,563

Avg Days on Market

N/A

New This Week

27

Price Reduced

27%

Sold (30 Days)

32

Median Sale Price

$1.52M

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

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Location

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1088 PARK Avenue #5E, Upper East Side, New York County • Near East 88th Street/East 89th Street

Floor Plans

Floor Plan

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 $4,880 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 3 bedrooms and 2 full bathrooms and 1 half bathroom.

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. 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: RLS10566627
First Listed: 4/5/2019
Closed: 10/28/2019
Contract Date: 4/5/2019

Listing Courtesy of Brown Harris Stevens Residential Sales LLC - Sandra Balan

Listing Contact: (212) 588-5644

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 4/26/2026 at 12:28 PM UTC

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