--- title: "111 East 88th Street #5B, New York City, NY 10128" description: "111 East 88th Street #5B, New York City, NY 10128 — Carnegie Hill, New York City, NY. Listing Price $2,700,000. 3 bed, 3 bath, 1,700 sqft Illustrative Buyer Commission Share of $40,500 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10128/111-east-88th-street-b-5B-ny-10128" source: "Real Estate Rebate Team" dateModified: "2026-09-01T17:23:19.323Z" status: "Active" --- # 111 East 88th Street #5B, New York City, NY 10128 Carnegie Hill, New York City, NY Courtesy of Brown Harris Stevens Residential Sales LLC Last updated: September 1, 2026, 1:23 PM ## At a Glance - **Listing Price**: $2,700,000 - **Beds**: 3 - **Baths**: 3 - **Sqft**: 1,700 - **Common Charges**: $2,147 / mo - **Price per Sqft**: $1,588 - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $2,700,000 - **Illustrative Buyer Commission Share**: -$40,500* - **Illustrative Net Cost**: $2,659,500 *Illustrative Buyer Savings of $40,500 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (10) ![111 East 88th Street #5B, New York City, NY 10128 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/080d98e2-7698-4eae-b977-c08f65a96aeb.jpg) ![111 East 88th Street #5B, New York City, NY 10128 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7ad0f966-288e-4a63-98ce-9d9e73a55545.jpg) ![111 East 88th Street #5B, New York City, NY 10128 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/91cc2a14-ce96-4319-a950-a63263fb7046.jpg) ![111 East 88th Street #5B, New York City, NY 10128 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c58723d2-6385-4621-9879-919256c8714b.jpg) ![111 East 88th Street #5B, New York City, NY 10128 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a1913c9e-74a5-4c05-8376-4f665e6dd4c7.jpg) ![111 East 88th Street #5B, New York City, NY 10128 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/46924628-e21b-49c8-bb02-0dd3ff6e0b21.jpg) ![111 East 88th Street #5B, New York City, NY 10128 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c27b1612-17d0-4e80-bfa8-31abfbd9fd5e.jpg) ![111 East 88th Street #5B, New York City, NY 10128 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/fbfc5f56-74ea-4ee3-b4ba-c9464aff709f.jpg) ![111 East 88th Street #5B, New York City, NY 10128 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/702c7ca3-5d8f-4913-89b1-cb8c5b20fef4.jpg) ![111 East 88th Street #5B, New York City, NY 10128 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6f6e6a0b-a5e4-4e2e-9c5f-213246794b08.jpg) ## Property Overview Prewar 3-Bedroom, 3-Bathroom Condo with Wood-Burning Fireplace This beautifully renovated residence blends the warmth and charm of classic prewar design with a modern, loft-like downtown aesthetic. The expansive open-concept living, dining, and kitchen area is ideal for both everyday living and effortless entertaining. Privately set apart, the bedroom wing offers a peaceful retreat, featuring generously sized bedrooms and en-suite baths. Highlights of the home include a wood-burning fireplace, chef's kitchen, elegant marble bathrooms, Crestron sound system, and in-unit washer/dryer. Additional features include south-facing exposure, beamed ceilings, rich hardwood and herringbone floors, excellent natural light, new windows, abundant storage, and walk-in closets. This property comes with two large storage units. ## Property Details - **Property Type**: Condominium - **Beds**: 3 - **Baths**: 3 - **Rooms**: 6 - **Sqft**: 1,700 sqft - **Stories**: 10 - **Year Built**: 1929 - **Price per Sqft**: $1,588 - **Common Charges**: $2,147 / Monthly - **Listed On**: May 14, 2026 - **Days on Market**: 122 Days ### Residence Features - Building Other - Washer Hookup - In Unit - Building Courtyard - Separate/Formal Dining Room - Washer Dryer Allowed ## Sales Evidence ### Recent closed sales 2 apartments at 111 CONDOMINIUM have recorded sales since September 2021, the most recent for $2,450,000 in April 2024. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | 3-A (Apartment) | 3 | 1,696 | $2,450,000 | $1,445/ft² | April 10, 2024 | City record · MLS | | 4-A (Apartment) | 3 | 1,695 | $2,665,000 | $1,572/ft² | August 10, 2023 | City record · MLS | Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below. ### How this price compares The median closed price for comparable condo three-bedroom sales in Carnegie Hill is $2,762,500, based on 21 sales between September 2024 and June 2026. This home is asking $2,700,000, $62,500 below that median. The middle half of those sales closed between $2,400,000 and $2,990,000. - **Median closed price**: $2,762,500 - **Middle half**: $2,400,000 – $2,990,000 - **Based on**: 21 condo three-bedroom sales in Carnegie Hill - **Period**: September 2024 – June 2026 - **Median $/ft²**: $1,628/ft² Across the 19 of these sales with a published asking price, the median closed at 95% of what it originally asked. 79% of them closed below the original ask. This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Carnegie Hill instead. ### How these sales were negotiated - **Sold vs original ask**: 95% of the original ask - **Closed below ask**: 79% of 19 sales - **Listed → in contract**: 74 days (about 11 weeks) - **In contract → closed**: 55 days (about 8 weeks) Across the 19 of these sales with a published asking price, the median closed at 95% of what it originally asked. 79% of them closed below the original ask. Half of these homes were in contract within 74 days (about 11 weeks) of coming to market, based on the 19 with a recorded listing date. Once a deal was agreed, closing took a further 55 days (about 8 weeks), based on the 19 with both dates recorded. These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure. Based on 21 condo three-bedroom sales in Carnegie Hill, September 2024 – June 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ. ### Price trend Median sold price for condo and house three-bedroom sales in Carnegie Hill, 2017 to 2025. The series is held to one bedroom count and one ownership type for the same reason: an unfiltered median tracks which apartments sold, not what they were worth. | Year | Median sold price | Sales | | --- | --- | --- | | 2017 | $2,700,000 | 11 | | 2021 | $2,750,000 | 17 | | 2022 | $3,215,000 | 12 | | 2023 | $3,789,814 | 18 | | 2024 | $2,700,000 | 15 | | 2025 | $2,800,000 | 14 | This building does not have enough sales with a recorded floor area to chart its own price per square foot, which is usual for a co-op. The series above follows comparable homes across Carnegie Hill instead. Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for. [See every recorded sale at 111 CONDOMINIUM](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/111-condominium) ## Price and Property History for 111 East 88TH Street, Unit 5B Review the recorded listing activity for 111 East 88TH Street, Unit 5B, including asking-price changes and prior market dates. - **Latest price change**: Reduced by $100,000, or 3.6%, on June 17, 2026 - **Originally listed**: May 14, 2026 at $2,800,000 - **Current asking price**: $2,700,000 | Date | Price | Listing event | | --- | --- | --- | | June 17, 2026 | $2,700,000 | Asking price reduced by $100,000, or 3.6% | | May 14, 2026 | $2,800,000 | Listed for sale by Brown Harris Stevens Residential Sales LLC | ## Property Tax History Taxes at 111 East 88th Street #5B were $26,724 in 2026, down 0.3% from 2025. | Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate | | --- | --- | --- | --- | --- | --- | --- | | 2026 (FY 2026/27) | $218,225 | $30,581 | $187,644 | $213,790 | $26,724 | 12.5% (estimated) | | 2025 (FY 2025/26) | $241,345 | $30,581 | $210,764 | $214,359 | $26,795 | 12.5% (estimated) | | 2024 (FY 2024/25) | $227,004 | $30,581 | $196,423 | $213,598 | $26,700 | 12.5% | | 2023 (FY 2023/24) | $218,576 | $30,581 | $187,995 | $210,651 | $26,336 | 12.502% | | 2022 (FY 2022/23) | $213,376 | $30,581 | $182,795 | $209,892 | $21,253 after $4,494 abatement | 12.267% | | 2021 (FY 2021/22) | $196,774 | $30,581 | $166,193 | $196,774 | $7,201 after $16,874 abatement | 12.235% | | 2020 (FY 2020/21) | $222,361 | $30,581 | $191,780 | $205,098 | $25,159 | 12.267% | | 2019 (FY 2019/20) | $228,128 | $30,581 | $197,547 | $194,914 | $24,312 | 12.473% | | 2018 (FY 2018/19) | $214,779 | $30,581 | $184,198 | $181,827 | $22,932 | 12.612% | | 2017 (FY 2017/18) | $188,708 | $30,581 | $158,127 | $170,270 | $21,657 | 12.719% | | 2016 (FY 2016/17) | $171,526 | $30,581 | $140,945 | $162,509 | $20,951 | 12.892% | | 2015 (FY 2015/16) | $171,441 | $30,581 | $140,860 | $157,885 | $20,340 | 12.883% | | 2014 (FY 2014/15) | $162,686 | $30,581 | $132,105 | $151,647 | $19,494 | 12.855% | | 2013 (FY 2013/14) | $156,991 | $30,581 | $126,410 | $142,278 | $18,702 | 13.145% | | 2012 (FY 2012/13) | $149,917 | $30,581 | $119,336 | $129,960 | $17,130 | 13.181% | | 2011 (FY 2011/12) | $148,418 | $30,581 | $117,837 | $119,157 | $16,006 | 13.433% | | 2010 (FY 2010/11) | $140,256 | $30,582 | $109,674 | $108,213 | $14,450 | 13.353% | The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one. Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls. Where an abatement applies, Property Tax is the amount owed after it. Abatements are granted to the property and do not necessarily transfer to a new owner. Figures are the New York City Department of Finance assessment roll for tax lot 1015171026. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change. [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### 111 CONDOMINIUM 111 East 88th Street, New York, NY 10128 A building in the neighborhood, currently featuring 1 active listing. - **Year Built**: 1929 - **Total Units**: 1 - **Floors**: 10 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/111-condominium) ### Available Residences — For Sale (1) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [5B](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10128/111-east-88th-street-b-5B-ny-10128) | 3 | 3 | 1,700 sqft | $1,588 | $2,700,000 (-3.6%) | Brown Harris Stevens Residential Sales LLC | May 14, 2026 | 121 days | ## Estimated Monthly Payment **$15,800 / month**, assuming a 20% down payment ($540,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $13,653 - **Common Charges**: $2,147 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Potential NYC Second-Home Tax This property may be subject to New York City’s non-primary residence surcharge if it is not used as a qualifying primary residence. The surcharge is based on the NYC Department of Finance market value, not the listing price. [Estimate the Potential Surcharge](https://realestaterebatesnewyork.com/calculators/nyc-second-home-tax-calculator) ## Carnegie Hill Overview of Carnegie Hill [Explore Carnegie Hill](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/carnegie-hill) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Carnegie Hill - [Central Park real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/central-park) - [Roosevelt Island real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/roosevelt-island) - [Upper West Side real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/upper-west-side) - [Midtown real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/midtown) - [Theater District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/theater-district) - [East Harlem real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/east-harlem) ## Related Links - [111 CONDOMINIUM — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/111-condominium) - [Carnegie Hill neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/carnegie-hill) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > RLS IDX Data display by Real Estate Rebate Team. This 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. > All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.