---
title: "121 East 88th Street #1A, New York City, NY 10128"
description: "121 East 88th Street #1A, New York City, NY 10128 — Carnegie Hill, New York City, NY. Listing Price $550,000. In contract 6/24/2026. 1 bed, 1 bath Illustrative Buyer Commission Share of $8,250 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10128/121-east-88th-street-a-1A-ny-10128"
source: "Real Estate Rebate Team"
status: "Pending"
---

# 121 East 88th Street #1A, New York City, NY 10128

Carnegie Hill, New York City, NY

**New Development · Sponsor Residence**

Courtesy of Douglas Elliman Real Estate

## At a Glance

- **Listing Price**: $550,000
- **Status**: In contract 6/24/2026
  In Contract/Lease Signed indicates an offer has been made and accepted by the seller/landlord, with the deal pending completion.
- **Beds**: 1
- **Baths**: 1
- **Common Charges**: $1,205 / mo
- **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**: $550,000
- **Illustrative Buyer Commission Share**: -$8,250*
- **Illustrative Net Cost**: $541,750

*Illustrative Buyer Savings of $8,250 — 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 (9)

![121 East 88th Street #1A, New York City, NY 10128 — photo 1 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5ddb8651-6768-4e6f-bae3-2a0de62448fb.jpg)
![121 East 88th Street #1A, New York City, NY 10128 — photo 2 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/fdca7bb5-aa9a-4ef5-83c6-00d4237c7ac9.jpg)
![121 East 88th Street #1A, New York City, NY 10128 — photo 3 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/eef057bb-0e3d-40be-a926-8ae1ca2c9004.jpg)
![121 East 88th Street #1A, New York City, NY 10128 — photo 4 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c2110ad5-4823-46df-9908-440b85aba765.jpg)
![121 East 88th Street #1A, New York City, NY 10128 — photo 5 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/45674ef8-939a-47f9-9aba-6c92bdf4ff6f.jpg)
![121 East 88th Street #1A, New York City, NY 10128 — photo 6 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b7a1a689-1a75-42e3-8e46-1b836f072410.jpg)
![121 East 88th Street #1A, New York City, NY 10128 — photo 7 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/744979b9-d78a-4839-b44f-a903a2ad7e9e.jpg)
![121 East 88th Street #1A, New York City, NY 10128 — photo 8 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6e922bbd-04e2-4f3f-8b18-90022b1348f4.jpg)
![121 East 88th Street #1A, New York City, NY 10128 — photo 9 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/145233f5-5fd5-4353-8b72-f6eb6573bf16.jpg)

## Property Overview

This turn-key, sun-filled residence is truly amazing. With low monthly maintenance and a highly desirable location, it's an ideal starter home or pied-à-terre.

 A convenient elevated parlor-level entrance welcomes you into this charming Carnegie Hill gem. The home features soaring 10-foot ceilings, elegant crown moldings, rich hardwood floors, and oversized south-facing windows that frame leafy views over East 88th Street. A gracious entry foyer easily accommodates a dining area and flows seamlessly into the living room.

 The renovated, windowed kitchen is outfitted with stainless steel appliances, including a dishwasher. The bathroom showcases a timeless Art Deco design, complete with classic tiled finishes, an arched shower, and Kohler fixtures. As an added bonus, the apartment includes a spacious 5x5 private storage cage within the building at no additional cost.

 Situated between Park and Lexington Avenues, 121 East 88th Street is a boutique pre-war co-op in the heart of Carnegie Hill. Residents enjoy close proximity to the 4/5/6 and Q subway lines, the M86 crosstown bus, and the M101/102/103 bus routes. Just moments from Central Park, Whole Foods, Fairway, and Westside Market-with a Target opening soon at 86th Street and Lexington Avenue.

 This pet-friendly co-op features a newly renovated lobby, laundry room, bike storage, and a part-time superintendent. Co-purchasing and pied-à-terre ownership are permitted.

## Property Details

- **Property Type**: Co-op
- **Beds**: 1
- **Baths**: 1
- **Rooms**: 3
- **Stories**: 5
- **Year Built**: 1910
- **Common Charges**: $1,205 / Monthly
- **Listed On**: Apr 27, 2026
- **Days on Market**: 133 Days

### Residence Features

- City

## Buying in a new development?

Before you visit the sales gallery, understand the broker registration rule. In many buildings the sponsor will only compensate a buyer’s broker who accompanied you on your first visit or registered you in writing beforehand. The sales team you meet at the door works for the developer, and once you have toured on your own that introduction is very hard to undo.

[Why You Need Your Own Broker Before Your First Visit](https://realestaterebatesnewyork.com/guides/new-development-buyer-broker-nyc)

## Sales Evidence

### Recent closed sales

3 apartments at 121 East 88th Street have recorded sales since September 2021, the most recent for $302,000 in December 2022. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| 4-A (Apartment) | Studio | — | $302,000 | — | December 13, 2022 | City record · MLS |
| 3A (Apartment) | Studio | — | $350,000 | — | November 8, 2022 | City record · MLS |
| 5A (Apartment) | Studio | 400 | $325,000 | $813/ft² | July 15, 2022 | City record |

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 co-op one-bedroom sales in Carnegie Hill is $695,317, based on 36 sales between November 2024 and July 2026. This home is asking $550,000, $145,317 below that median. The middle half of those sales closed between $613,750 and $906,250.

- **Median closed price**: $695,317
- **Middle half**: $613,750 – $906,250
- **Based on**: 36 co-op one-bedroom sales in Carnegie Hill
- **Period**: November 2024 – July 2026

Square footage is recorded for only 13 of these 36 sales (36%), so no price per square foot is shown for this group. Co-op sales rarely carry a floor area, and a figure drawn from a handful of them would not describe the rest.

Across the 33 of these sales with a published asking price, the median closed at 99.2% of what it originally asked. 52% 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**: 99.2% of the original ask
- **Closed below ask**: 52% of 33 sales
- **Listed → in contract**: 74 days (about 11 weeks)
- **In contract → closed**: 86 days (about 12 weeks)

Across the 33 of these sales with a published asking price, the median closed at 99.2% of what it originally asked. 52% 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 34 with a recorded listing date.

Once a deal was agreed, closing took a further 86 days (about 12 weeks), based on the 34 with both dates recorded. A co-op board package and its interview account for much of that.

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 36 co-op one-bedroom sales in Carnegie Hill, November 2024 – July 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 co-op one-bedroom sales in Carnegie Hill, 2017 to 2026. 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 | $622,500 | 20 |
| 2018 | $710,000 | 16 |
| 2019 | $585,000 | 17 |
| 2020 | $609,720 | 16 |
| 2021 | $668,458 | 27 |
| 2022 | $645,000 | 27 |
| 2023 | $616,000 | 19 |
| 2024 | $567,500 | 14 |
| 2025 | $700,000 | 23 |
| 2026 | $732,817 | 12 |

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 121 East 88th Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/121-east-88th-street)

## Price and Property History for 121 East 88TH Street, Unit 1A

Review the recorded listing activity for 121 East 88TH Street, Unit 1A, including asking-price changes and prior market dates.

- **Latest price change**: Reduced by $45,000, or 7.6%, on May 12, 2026
- **Originally listed**: April 27, 2026 at $595,000
- **Entered contract**: June 24, 2026
- **Last sold (recorded)**: $467,500 on February 5, 2021

| Date | Price | Listing event |
| --- | --- | --- |
| June 24, 2026 | $550,000 | Entered contract |
| May 12, 2026 | $550,000 | Asking price reduced by $45,000, or 7.6% |
| April 27, 2026 | $595,000 | Listed for sale by Douglas Elliman Real Estate |
| February 5, 2021 | $467,500 | Sold — recorded sale price |
| December 1, 2020 | $475,000 | Entered contract |
| July 9, 2020 | $475,000 | Listed for sale by Compass |
| August 13, 2015 | $504,738 | Sold — recorded sale price |
| April 15, 2015 | $504,737 | Asking price increased by $29,737, or 6.3% |
| February 25, 2015 | $425,000 | Listed for sale by The Corcoran Group |

## Property Taxes

This apartment is part of a co-op that is taxed as one lot shared across 15 apartments. The corporation’s 2026 property tax bill was $165,720 for the whole building. Shareholders cover it through their monthly maintenance rather than a separate bill for this unit.

[See the full property tax history for 121 East 88th Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/121-east-88th-street)

[How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology)

## About The Building

### 121 East 88th Street

Upper East Side · Stock Cooperative

121 East 88th Street, New York, NY 10128

A building in Upper East Side, currently featuring 3 active listings.

- **Year Built**: 1910
- **Total Units**: 3
- **Floors**: 5

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/121-east-88th-street)

### Available Residences — For Sale (3)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [1A](https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/10128/121-east-88th-street-a-1A-ny-10128) | 1 | 1 | — | — | $550,000 (-7.6%) — In contract | Douglas Elliman Real Estate | Apr 27, 2026 | 132 days |
| [3A](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10128/121-east-88th-street-a-3A-ny-10128) | Studio | 1 | — | — | $375,000 — In contract | Compass | Feb 10, 2026 | 208 days |
| [5-B](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10128/121-east-88th-street--b-5B-ny-10128) | 1 | 1 | 625 sqft | $878 | $549,000 (-8.3%) | Lin Pan International Realty LLC | Apr 3, 2026 | 156 days |

## Estimated Monthly Payment

**$3,986 / month**, assuming a 20% down payment ($110,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $2,781
- **Common Charges**: $1,205

Estimates only. Actual payments may vary. Confirm terms with your lender.

## This is a new development purchase

Buying from a sponsor carries closing costs a resale does not. The New York City and New York State transfer taxes are the seller’s in a resale and are passed to the purchaser in most offering plans, and the sponsor’s attorney fee and any working capital contribution sit on top of that. Together they commonly add 2% or more of the purchase price.

- [Estimate these costs](https://realestaterebatesnewyork.com/calculators/new-development-closing-cost-calculator)
- [What sponsor buyers pay](https://realestaterebatesnewyork.com/new-development-closing-costs-nyc)
- [More new developments](https://realestaterebatesnewyork.com/new-developments)

## 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

- [121 East 88th Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/121-east-88th-street)
- [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.