Listing Courtesy of Corcoran Group
$7,000,000
Potential Rebate: $105,000
116 East 91st Street is a rare free market 4 unit brownstone apartment building built in 1920. Located on a quintessential Carnegie Hill block, it is 20 feet wide by 68 feet deep on a 100 foot lot with 6 stories. The four units of this property are all renovated. The units are separately metered with individual boilers and hot water heaters, and feature beautiful architectural detail, in home washer/dryer, central air conditioning, working fireplaces, renovated kitchen and bathrooms and offer both duplex and simplex layouts. All leases expire in 2026 or 2027.<br> <br> Enter the building atop a short stoop through a baronial set of double doors into a lobby with high ceilings.<br> <br> Unit 1 is a beautiful garden duplex and is the perfect example of what this building has in store! This 7 room home on parlor and garden levels has 3 bedrooms, 4 bathrooms, office and dining. Bedrooms are all very comfortable in scale with an ensuite primary bedroom that opens to the garden and offers plenty of closet space. Details include high ceilings, oversized windows and a wood burning fireplace with lovely mantel make for a warm and wonder spaces. Central air conditioning and in home laundry provide modern comforts, and a granite kitchen with stainless steel appliances sits off the dining room and opens onto a dining terrace overlooking a stunning garden oasis.<br> <br> Unit 2 consists of a simplex 2 bedroom with 2 bathrooms featuring architectural detail, wide plank oak floors, wood burning fireplace, high ceilings, central air, washer dryer, two elegantly appointed marble baths, recessed lighting and deluxe kitchen. A large L-shaped living room is framed by oversized windows with window seats overlooking the tree lined street, and a beautiful fireplace mantel. The bedrooms overlook the garden with serene treelined views and natural southern light. The primary bedroom is ensuite.<br> <br> Unit 3 is a grand renovated duplex with three bedrooms and four bathrooms. It's beautiful layout features a spacious living and dining room with oversized windows at the tree tops offering charming views. A south facing state of the art oversized eat in kitchen is bright and welcoming with a den off of it. Architectural details include high ceilings with crown moldings, a sweeping staircase leading to the bedrooms and 2 wood burning. Elegant bathrooms and smart storage make for comfortable living. Central air conditioning, washer dryer, security system and recessed lighting add a modern element to this home.<br> <br> Unit 4 consists of a renovated simplex two bedroom with two bathrooms in a modern finish with a beautiful open kitchen and two renovated bathrooms. Open architectural views from both the living room and bedrooms are charming and the apartment offers excellent light and exposures, central air conditioning and a washer/dryer.<br> <br> The building is located on East 91st Street between Park Avenue and Lexington Avenue. East 91st Street is lined with many restored townhomes and doorman cooperatives and could not be more charming. The neighborhood, known as Carnegie Hill, offers beautiful treelined streets and close proximity to Central Park.
$42,285 per month
30 year fixed, 6.28% Interest
One-time rebate at closing
$105,000
Monthly savings impact
$292/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
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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. ©2025 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 for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Corcoran Group
Data Source: TRESTLE #RLS20063643

Compare average listing prices and value metrics for 116 East 91ST Street against the surrounding Carnegie Hill market.
than the Carnegie Hill price-per-sq-ft average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
Carnegie Hill is one of the most prestigious and charming sections of the Upper East Side, spanning from 86th to 96th Streets between Fifth Avenue and Third Avenue. Named after Andrew Carnegie's mansion, it is known for its village-like atmosphere and stunning architecture. For buyers seeking Carnegie Hill Manhattan real estate, it offers a quieter, more family-oriented version of uptown luxury.
Living in Carnegie Hill, Manhattan feels like stepping back in time. The neighborhood is preserved by strict historic district zoning, keeping the tree-lined streets sunny and low-rise. As a family-favorite Manhattan NYC neighborhood, it is defined by its proximity to Central Park, elite private schools, and Museum Mile.
The market for homes for sale in Carnegie Hill is famous for its large, pre-war cooperative apartments. Buildings along Fifth and Park Avenues are among the most exclusive in the city. However, the side streets offer beautiful brownstones and townhouses that are highly coveted.
Inventory here is often geared towards families, with "classic six" and "classic seven" layouts common. It is a stable, high-value market. Co-ops generally have strict board requirements, maintaining the neighborhood's private and settled character.
The lifestyle in Carnegie Hill is refined yet relaxed. It lacks the commercial bustle of the lower 80s or 70s. Instead, residents enjoy boutique shopping on Madison Avenue (like Bonpoint and Jacadi) and brunch at local favorites like Sarabeth's.
The community is tight-knit, often centered around the local schools and the park. It is perhaps the most "neighborhoody" part of the Upper East Side. You will see neighbors chatting on corners, nannies in the park, and a generally slower pace of life.
Carnegie Hill is served by the 4, 5, 6 trains at 86th and 96th Streets, providing distinct express connectivity to Wall Street and Grand Central. The Q train on Second Avenue has also opened up the eastern side of the neighborhood.
The M1, M2, M3, and M4 buses on Fifth and Madison Avenues offer scenic north-south travel along the park. While it feels removed from the chaos, the commute to Midtown is efficient.
Central Park is the neighborhood's backyard. Residents have easy access to the Reservoir, the tennis courts, and the Guggenheim Museum. The neighborhood is also home to the 92nd Street Y, a major cultural and community center.
Schools are a primary draw. The concentration of top-tier private schools (like Dalton, Spence, and Sacred Heart) is higher here than almost anywhere else. It is an area built for raising families in the city.
Carnegie Hill is best for affluent families, lovers of pre-war architecture, and cultural enthusiasts who want to live on Museum Mile. It is ideal for those who prioritize quiet streets, good schools, and proximity to the park.

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