Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $4,325,000

· Closed November 17, 2025

Closed For Sale Condo

$4,325,000

$1,973 per sq ft

12 E 88th Street #PH11/12B

Upper East Side, Manhattan

MLS® #RLS20026821

RLS at REBNY

Listing by Compass

3

Bedrooms

3.5

Baths

2,192

Sq. Ft.

1931

Year Built

Quick Summary

Bedrooms 3
Bathrooms 4 full, 1 half
Living Area 2,192 sq ft
Year Built 1931
Ownership Condo
HOA/Common Charges $4,237/mo
Property Taxes $29,724/yr
Neighborhood Upper East Side
Floor 1 of 13

Property Highlights

  • Outdoor Space: Terrace
  • Fireplace: 1 fireplace
  • Character: Pre-war building (1931)

Property Details

Type Condo
Ownership Condominium
Total Rooms 8
Baths 3 Full, 1 Half
Floor 1 of 13
Pets Yes, CatsOk, DogsOk
Year Built 1931
Living Area 2,192 sq ft
Structure Type MultiFamily
Furnished Unfurnished
Block/Lot 01499/7502

Listing History

Event Date Price Change
Listed May 29, 2025 $5,000,000 -
Currently Apr 25, 2026 $4,325,000 -13.5%

Description

***SPONSOR SALE*** Imagine a once-in-a-lifetime, blank-slate opportunity to craft an unrivaled penthouse residence just off Fifth Avenue and across the street from the Guggenheim. This ESTATE CONDITION Carnegie Hill three-bedroom, three-and-a-half-bath, Gilded Age duplex delivers all that and more with regal pre-war details including a wood-burning fireplace, large private terrace and modern condominium amenities in a full-service Rosario Candela building, just steps from Fifth Avenue. Offered in white box condition, this expansive residence invites you to let your imagination run wild while creating a glamorous penthouse worthy of its refined surroundings. A gracious foyer flanked by a powder room, coat closet and elegant curved staircase makes a dramatic first impression. Ahead, the living and dining rooms welcome lavish gatherings alongside north-facing windows and a wide east-facing terrace with incredible light. A large kitchen completes the main-floor layout. Above, an owner's suite offers bright double exposures and an en suite windowed bath; the two secondary bedrooms also include private windowed baths. The home also offers an in-unit washer and dryer. Designed by Candela in 1931, 12 East 88th was converted to condominium ownership in 2017. Today's residents enjoy a classic canopy entry, full-time doorman/concierge service, a resident manager, a package room, laundry, resident lounge, plus a state-of-the-art-gym and children's playroom that opens into a landscaped garden terrace. This home also comes with a storage unit. From its revered position between Fifth and Madison Avenues, this home embraces both residential serenity and easy accessibility to the coveted Upper East Side lifestyle. Wonderful boutiques and cafés line nearby 86th Street and Madison. Central Park and the Reservoir unfold just feet from the front door, and revered Museum Mile institutions, including the Guggenheim, Neue Galerie and the Met, put breathtaking art just minutes away. Transportation is effortless, with 4/5/6 and Q trains, excellent bus service and Citi Bike all within reach. Taxes shown are for primary resident owners. Non-primary resident owners pay $3364.56

Features & Amenities

Interior Features

Common On Floor Common Area Fireplace (1)

Exterior Features

Private Outdoor Space Under60 Sqft Terrace

Building Amenities

Elevators

Appliances

Dryer Dishwasher Washer

Building Information

Building Data View Compliance & Permits
Total Units 39
Stories 13
Structure MultiFamily

Financial Details

Common Charges $4,237/mo
RE Taxes $29,724/yr ($2,477/mo)
Original Price $5,000,000
Sale Price $4,325,000
Previous Price $5,000,000

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

340

Median Asking Price

$1.55M

Median $/Sqft

$1,560

Avg Days on Market

N/A

New This Week

30

Price Reduced

26%

Sold (30 Days)

31

Median Sale Price

$1.52M

Live data from RLS at REBNY • Updated 4/25/26, 6:12 AM EST

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Location

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12 E 88th Street #PH11/12B, Upper East Side, New York County

Virtual Tour

Floor Plans

Floor Plan
Floor Plan

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 $4,237 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $29,724, or roughly $2,477 per month. Verify the current assessment with your attorney before closing.

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

The listed interior living area is 2,192 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 $4,325,000 for 2,192 sq ft, the asking price per square foot is approximately $1,973. 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 mcoste@kwnyc.com. 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: RLS20026821
First Listed: 5/28/2025
On Market: 5/29/2025
Price Changed: 11/17/2025
Closed: 11/17/2025
Contract Date: 3/1/2022

Listing Courtesy of Compass - Thomas W Hollingsworth

Listing Contact: (917) 686-4498

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 4/25/2026 at 10:12 AM UTC

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