21 days on rocket

1088 Park Ave Phe, Phe, New York City, NY, 10128

$7,995,000

4 Bedrooms
4 Full Baths
Condo
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeStock Cooperative
Year Built1924
FireplaceWood Burning
ViewCity
MLS #PRCH-7854751
StatusActive

About 1088 Park Ave Phe

Superb Duplex Terraced Penthouse on Park Avenue Perfectly situated on the 16th/17th floor of one of the most desirable prewar cooperatives in Carnegie Hill, this 4 bedroom/4 bathroom home offers unparalleled elegance and sophistication. Enter via a semi-private elevator landing into a gracious gallery. The entertaining space is expansive, perfect for both formal gatherings and casual living. The grand Living Room is adorned with beautiful hardwood floors and a wood-burning fireplace and features multiple seating areas. It flows effortlessly into the Dining Room. The huge expanse is bathed in sunlight streaming from both the south and north. The impeccably appointed windowed Eat-in Kitchen features a 4-burner Viking gas range, additional Dacor oven, Sub-Zero refrigerator, and two Sub-Zero fridge drawers. Completing the downstairs is a Den, an additional Bedroom/Office, and a windowed full Bath. The beautiful grand curved staircase, illuminated by a magnificent skylight, leads to three spacious bedrooms on the upper level. The Primary Suite boasts two glorious terraces (approximately 800 square feet), offering an oasis of tranquility and light, inviting you to unwind amidst breathtaking views. Additionally, there are two sun-flooded Bedrooms, both generously proportioned. Other features of this wonderful home include high ceilings, through-the-wall AC, washer/dryer, and an abundance of closet space throughout. 1088 Park Avenue is one of the most coveted and architecturally significant Prewar Cooperatives in Carnegie Hill. Designed in 1927 by the renowned architect Mott B. Schmidt, the building features a grand entry lobby with double-height vaulted vestibules opening onto the Italianate private courtyard and garden. The exquisite garden is a welcome retreat from the busy city and offers lovely seasonal plantings, a large fountain, and variety of charming seating alcoves for residents to enjoy—a private park within the building. The building is known for its exceptional staff and service, which also includes bike storage, two newly renovated gyms, and private storage. 50% financing is allowed, there is a 2% flip tax paid by the purchaser, and pets are permitted. PLEASE NOTE PHOTOS OF THE TERRACE ARE VIRTUALLY STAGED.

Property Details

Property Features

Property Information:

  • Architectural Style: Prewar
  • Year Built: 1924

Listing Office:

  • Office Name: Sothebys International Realty
  • Office Phone: (212) 606-7660
  • Listing Agent: Allison Koffman
  • Agent Phone: (212) 606-7688

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Washer
  • Flooring Type: Hardwood
  • Interior: Eat-in Kitchen, Elevator, Kitchen Window, Storage
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: City

Virtual/3D Tour

  • Virtual Tour: 1088 Park Ave Phe

Virtual Tour

Price Information

Listing Price Info

Price Summary:

  • List Price: $7,995,000

HOA Fees:

  • Amount: $8419
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in New York, NY.

Med. Sold Price

$845.4K

Med. Price/SqFt

$636

Avg. Days On Market

96

# of Sold Homes

1548

1088 Park Ave Phe vs New York

21 DAYS ON ROCKET

-75 Days

$7,995,000

+$7.1M More

KEY TAKEAWAY

This property is $7.1M more than the Median Sold Price in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #PRCH-7854751

Listing Office:

  • Office Name: Sothebys International Realty
  • Office Phone: (212) 606-7660
  • Listing Agent: Allison Koffman
  • Agent Phone: (212) 606-7688

IDX ©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.

Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 4/29/2024, 11:25:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$48.3K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$24K

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3411253
10
/10
  • PS 6 Lillie D Blake

  • 45 E 81st St

  • 0.37 miles

  • Public District Grades KG-5

school-card-donut-3411254
10
/10
  • PS 77 Lower Lab School

  • 1700 3rd Ave

  • 0.38 miles

  • Public District Grades KG-5

school-card-donut-3411255
6
/10
  • PS 198 Isador E Ida Straus

  • 1700 3rd Ave Frnt

  • 0.38 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $175,962. Residents of New York, NY typically earn $200k+ each year. The majority of families are married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1088 Park Ave Phe

What is the listing price of this property?

The listing price of 1088 Park Ave Phe property is $7,995,000.

What type of property is this?

The property 1088 Park Ave Phe is a condo located in Phe, New York City, New York, 10128.

Is this property for sale now?

Active Listing: 1088 Park Ave Phe is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1088 Park Ave Phe has 4 bedrooms and 4 bathrooms.

Which year was this property built?

The year of construction for 1088 Park Ave Phe is 1924.
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Rocket HomesNew YorkNew York101281088 Park Ave Phe

This home is located at 1088 Park Ave Phe in Phe, New York City, NY and zip code 10128 in the Upper East Side neighborhood. This home was built in 1924. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 08, 2024 and is currently priced at $7,995,000.

While more than 154 listings in New York, NY in March 2024 were sold above asking price, there were more than 645 listings sold at asking price, and more than 748 were sold below. The number of homes for sale in New York, NY increased by 3.7% between February 2024 and March 2024. The median list price of listings available in March 2024 was $845,489, while the average time on the real estate market was 96 days.

From Rocket Homes Real Estate and based on county public records data.

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