---
title: "47 East 88th Street #1, New York City, NY 10128"
description: "47 East 88th Street #1, New York City, NY 10128 — Upper East Side, New York City, NY. Last Sold Price $249,900. Sold on 7/28/2026. Studio bed, 4 bath"
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10128/47-east-88th-street-1-ny-10128"
source: "Real Estate Rebate Team"
status: "Closed"
---

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

Upper East Side, New York City, NY

Courtesy of Compass

## At a Glance

- **Last Sold Price**: $249,900
- **Status**: Sold on 7/28/2026
- **Beds**: Studio
- **Total Baths**: 4
- **Common Charges**: $12,762 / mo
- **Brokerage Fee**: Share Eligible

This listing was successfully closed and is no longer active on the market.

[Planning to sell? Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

## Photos (10)

![47 East 88th Street #1, New York City, NY 10128 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/cbdf5474-b7a8-49ba-86e9-9f6626ec0b6b.jpg)
![47 East 88th Street #1, New York City, NY 10128 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c14e181d-232f-46f4-af07-6d6be2b85f14.jpg)
![47 East 88th Street #1, New York City, NY 10128 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/fcbe9b5e-51d3-4759-bd60-010295e4c216.jpg)
![47 East 88th Street #1, New York City, NY 10128 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/317041cf-d45d-4c7a-9788-f41cec9ee553.jpg)
![47 East 88th Street #1, New York City, NY 10128 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/bc0cc3d2-cfe7-4531-bf45-1e7bebd4d27f.jpg)
![47 East 88th Street #1, New York City, NY 10128 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e4b169b8-11af-4925-87bf-113ebf4b8d13.jpg)
![47 East 88th Street #1, New York City, NY 10128 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a920d624-277e-420a-ac05-e937f31d529f.jpg)
![47 East 88th Street #1, New York City, NY 10128 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7148dcc0-87db-42cb-b994-2cd6d0a7204a.jpg)
![47 East 88th Street #1, New York City, NY 10128 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/60e10d9c-ae9b-4b63-a1c6-5e53c0599d48.jpg)
![47 East 88th Street #1, New York City, NY 10128 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/58c52b0d-8b07-429d-a227-c9f032394361.jpg)

## Property Overview

Closing Credit:  One year of maintenance fees (max $153,141).

Carnegie Hill Ground Floor Medical Office Available

Located at 47 East 88th Street, this medical office offers approximately 2,300 square feet of space in a full-service cooperative with a doorman, just off Madison Avenue. The office features a private street entrance, as well as access to both the lobby and service hall.

The well-designed layout includes a spacious waiting room and reception area, two administrative offices, a large file area, three consultation offices, and five exam rooms, each with a private changing area. Additionally, the space includes a large lab area with laundry, two restrooms, and central air conditioning.

It is conveniently situated near excellent transportation options, including the 4, 5, 6, and Q subway lines, as well as Upper East Side bus routes. The property is also close to Central Park, Mount Sinai Hospital, Lenox Hill Hospital, and a variety of restaurants and shops. This space is adaptable to any medical specialty.

*Please note that the buyer is responsible for paying the transfer taxes.

## Property Details

- **Property Type**: Co-op
- **Total Baths**: 4
- **Rooms**: 14
- **Stories**: 16
- **Year Built**: 1930
- **Common Charges**: $12,761.71 / Monthly
- **Listed On**: Oct 1, 2024
- **Days on Market**: 712 Days

### Residence Features

- Building Washer Dryer Install Allowed
- Common On Floor
- Common Area

## Sales Evidence

### Recent closed sales

13 apartments at 47 East 88th Street have recorded sales since September 2021, the most recent for $4,200,000 in August 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| [5A](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10128/47-east-88th-street-a-5A-ny-10128) (Apartment) | 4 | — | $4,200,000 | — | August 24, 2026 | MLS |
| 1 (Apartment) | Studio | — | $249,900 | — | July 28, 2026 | MLS |
| 8A (Apartment) | 4 | — | $4,750,000 | — | May 20, 2026 | City record · MLS |
| 12B (Apartment) | — | — | $3,000,000 | — | December 16, 2025 | City record |
| 15A (Apartment) | 3 | 2,400 | $3,371,500 | $1,405/ft² | September 5, 2025 | City record · MLS |
| 4C (Apartment) | — | — | $3,317,000 | — | November 4, 2024 | City record |
| 15D (Apartment) | 2 | — | $1,520,000 | — | October 25, 2024 | MLS |
| 10D (Apartment) | 3 | 2,200 | $2,432,500 | $1,106/ft² | October 1, 2024 | City record · MLS |
| 3C (Apartment) | 4 | — | $3,200,000 | — | September 4, 2024 | City record · MLS |
| 14A (Apartment) | 3 | 2,400 | $4,350,000 | $1,813/ft² | May 9, 2024 | City record · MLS |
| 15C (Apartment) | 2 | 1,850 | $1,900,000 | $1,027/ft² | December 6, 2023 | City record · MLS |
| 6A (Apartment) | 3 | — | $6,900,000 | — | May 17, 2023 | City record · MLS |
| 6B (Apartment) | 3 | — | $4,350,000 | — | November 17, 2022 | 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 co-op studio sales in Upper East Side is $425,000, based on 54 sales between October 2024 and June 2026. This home is asking $249,900, $175,100 below that median. The middle half of those sales closed between $377,500 and $498,000.

- **Median closed price**: $425,000
- **Middle half**: $377,500 – $498,000
- **Based on**: 54 co-op studio sales in Upper East Side
- **Period**: October 2024 – June 2026

Square footage is recorded for only 12 of these 54 sales (22%), 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 51 of these sales with a published asking price, the median closed at 96.8% of what it originally asked. 73% 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 Upper East Side instead.

### How these sales were negotiated

- **Sold vs original ask**: 96.8% of the original ask
- **Closed below ask**: 73% of 51 sales
- **Listed → in contract**: 60 days (about 9 weeks)
- **In contract → closed**: 84 days (about 12 weeks)

Across the 51 of these sales with a published asking price, the median closed at 96.8% of what it originally asked. 73% of them closed below the original ask.

Half of these homes were in contract within 60 days (about 9 weeks) of coming to market, based on the 51 with a recorded listing date.

Once a deal was agreed, closing took a further 84 days (about 12 weeks), based on the 51 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 54 co-op studio sales in Upper East Side, October 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 co-op studio sales in Upper East Side, 2016 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 |
| --- | --- | --- |
| 2016 | $394,500 | 12 |
| 2017 | $400,200 | 27 |
| 2018 | $458,500 | 18 |
| 2019 | $412,500 | 18 |
| 2020 | $387,500 | 16 |
| 2021 | $400,000 | 43 |
| 2022 | $365,000 | 41 |
| 2023 | $420,000 | 21 |
| 2024 | $380,000 | 25 |
| 2025 | $420,000 | 31 |
| 2026 | $489,000 | 19 |

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 Upper East Side 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 47 East 88th Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/47-east-88th-street)

## Price and Property History for 47 East 88th Street, Unit 1

Review the recorded listing activity for 47 East 88th Street, Unit 1, including asking-price changes and prior market dates.

- **Latest price change**: Reduced by $247,600, or 49.8%, on July 21, 2025
- **Originally listed**: September 19, 2024 at $899,000
- **Last sold**: $249,900 on July 28, 2026

| Date | Price | Listing event |
| --- | --- | --- |
| July 28, 2026 | $249,900 | Sold |
| July 28, 2026 | $249,900 | Entered contract |
| April 29, 2026 | $249,900 | Returned to the market |
| July 21, 2025 | $249,900 | Asking price reduced by $247,600, or 49.8% |
| September 19, 2024 | $899,000 | Listed for sale by Compass |

## Property Taxes

This apartment is part of a co-op that is taxed as one lot shared across 59 apartments. The corporation’s 2026 property tax bill was $2,895,025 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 47 East 88th Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/47-east-88th-street)

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

## About The Building

### 47 East 88th Street

Upper East Side · Stock Cooperative

47 East 88th Street, New York, NY 10128

A building in Upper East Side, currently featuring 1 active listing.

- **Year Built**: 1930
- **Total Units**: 1
- **Floors**: 16

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/47-east-88th-street)

### Available Residences — For Sale (1)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [1](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10128/47-east-88th-street-1-ny-10128) | Studio | 3 | — | — | $249,900 (-49.8%) | Compass | Oct 1, 2024 | 712 days |

## Estimated Monthly Payment

**$14,025 / month**, assuming a 20% down payment ($49,980), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $1,264
- **Common Charges**: $12,762

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

## Upper East Side

Overview of Upper East Side

[Explore Upper East Side](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/upper-east-side) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

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- [East Harlem real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/east-harlem)

## Related Links

- [47 East 88th Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/47-east-88th-street)
- [Upper East Side neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/upper-east-side)
- [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.