Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
12 E 88th Street #PH12A
Interested in this property?
Active For Sale Condo

$10,000,000

$2,500 per sq ft

12 E 88th Street #PH12A

Carnegie Hill, Manhattan

MLS® #RLS20081575

RLS at REBNY

Listing by Modlin Group LLC

5

Bedrooms

4.5

Baths

4,000

Sq. Ft.

1931

Year Built

Quick Summary

Bedrooms 5
Bathrooms 5 full, 1 half
Living Area 4,000 sq ft
Lot Size 10,066 sq ft
Year Built 1931
Ownership Condo
HOA/Common Charges $7,743.09/mo
Property Taxes $70,581/yr
Neighborhood Carnegie Hill

Property Highlights

  • Exposure: East,North,South,West facing
  • Character: Pre-war building (1931)

Property Details

Type Condo
Ownership Condominium
Total Rooms 9
Baths 4 Full, 1 Half
Exposure East,North,South,West
Pets Yes
Year Built 1931
Living Area 4,000 sq ft
Structure Type None
Lot Size 10,066 sq ft
Block/Lot 01499/7502

Listing History

Event Date Price Change
Listed Apr 6, 2026 $10,000,000 -
Currently May 21, 2026 $10,000,000 -

Description

Framed by a sweeping vista of the Guggenheim Museum and Central Park Reservoir, this penthouse spans approximately 4,000 square feet, offering a rare combination of scale, light, and refined living on the Upper East Side. A welcoming foyer ushers you into grand entertaining areas, where the living and dining rooms are bathed in natural light from oversized northwest facing windows. An elegant powder room and well-appointed closets complete the space. At the heart of the home, a contemporary windowed eat-in kitchen is outfitted with top-of-the-line Wolf and Sub-Zero appliances and anchored by a striking waterfall island clad in Covelano Oro marble. The adjacent dining area accommodates both everyday living and larger gatherings, while custom storage is integrated throughout. Thoughtfully designed with bedrooms set in a separate wing, the home is laid out to ensure privacy and tranquility. The primary suite is a true sanctuary—exceptionally spacious and serene—featuring a dressing room, a separate walk-in closet, and a luxurious, windowed Calacatta Oro-clad en-suite bath with a deep soaking tub, oversized shower, discreet water closet, and double vanity. Three additional bedroom suites feature elegant en-suite baths and walk-in closets, along with a fifth flexible staff or guest bedroom. A laundry room with oversized Whirlpool washer and dryer completes the private quarters. The home also features wide-plank wood floors and integrated smart technology, including lighting and sound systems, enhancing both comfort and convenience. Situated in a full-service condominium building on one of Manhattan’s most celebrated blocks, residents enjoy a 24-hour doorman, state-of-the-art fitness center, children’s playroom, and bike room. Just steps from Central Park, museums, dining, and shopping, this remarkable residence offers a rare combination of scale, light, privacy, and luxury—perfectly suited for both grand entertaining and everyday living in the heart of the city.

Features & Amenities

Interior Features

Common On Floor Common Area Laundry Room

Building Amenities

Elevators

Building Information

Building Data View Compliance & Permits
Total Units 39
Stories 13
Structure None

Financial Details

Common Charges $7,743.09/mo
RE Taxes $70,581/yr ($5,882/mo)

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

138

Median Asking Price

$2.77M

Median $/Sqft

$1,703

Avg Days on Market

N/A

New This Week

5

Price Reduced

36%

Sold (30 Days)

5

Median Sale Price

$1.92M

Live data from RLS at REBNY • Updated 5/21/26, 3:56 PM EST

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Location

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12 E 88th Street #PH12A, Carnegie Hill, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1936
Year Built
90 years old
6
Floors
142
Residential Units
R7A
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $4,906,350
Land Value: $1,091,700
Exemptions: $0

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

Lot Area: 53,900 SF
Building Area: 186,000 SF
Built FAR: 3.45
Allowed FAR: 4

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 common charges are $7,743.09 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $70,581, or roughly $5,882 per month. Verify the current assessment with your attorney before closing.

This property has 5 bedrooms and 4 full bathrooms and 1 half bathroom.

The listed interior living area is 4,000 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1931, making it approximately 95 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $10,000,000 for 4,000 sq ft, the asking price per square foot is approximately $2,500. This figure is for reference only and may differ from appraised or assessed values.

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: RLS20081575
First Listed: 4/6/2026
On Market: 4/6/2026
Price Changed: 4/6/2026
Contract Date: 4/3/2026

Listing Courtesy of Modlin Group LLC - Adam D Modlin

Listing Contact: (212) 974-0740

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 5/21/2026 at 7:56 PM UTC

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