12 East 88th Street #9C, New York City, NY 10128
Listing Courtesy of Compass
$2,400,000
Potential Rebate: $36,000
Overview
***SPONSOR SALE ESTATE CONDITION***
Create your Carnegie Hill dream home in this sprawling two-bedroom, two-bathroom residence featuring inviting prewar proportions and an elegant layout in a beautifully converted Rosario Candela building just inches from Fifth Avenue and Central Park.
A graceful gallery entry flanked with closets makes a warm welcome in this expansive 1,375-square-foot residence wrapped in oversized windows on the northern, eastern and southern exposures. Ahead, the nearly 24-foot-long living room provides a generous footprint for seating and dining areas surrounded by hardwood floors, tall beamed ceilings and a wood-burning fireplace. Across the gallery, the windowed eat-in kitchen sets the stage for the gourmet wonderland of your dreams.
A private hallway leads to the king-size corner primary suite, where you'll find plenty of room for a sitting area, home office or fitness space. Two large closets and an en suite bathroom complete the primary suite, while a large secondary suite offers a windowed private bathroom and a roomy closet of its own. This beautiful Carnegie Hill haven conveys with a deeded storage unit.
Designed by Candela in 1931, 12 East 88th is a 2017 condominium conversion combining prewar grandeur with modern conveniences and full-service amenities. Residents enjoy a classic canopy entry, grand lobby, full-time doorman/concierge service, a resident manager, a package room, laundry and resident's lounge, plus a state-of-the-art gym and children's playroom that open to a landscaped garden terrace.
From its revered position between Fifth and Madison avenues, this home embraces both residential serenity and easy accessibility to the coveted Upper East Side lifestyle. Wonderful boutiques and cafés line nearby 86th Street and Madison. Central Park and the Reservoir unfold 300 feet from your front door, and revered Museum Mile institutions, including the Guggenheim, Neue Galerie and the Met, surround you with breathtaking works of art.
Transportation is effortless, with 4/5/6 and Q trains, excellent bus service and CitiBikes all within reach.
Home Features
- •Common On Floor
- •Common Area
- •Dishwasher
- •Stainless Steel Appliance(s)
- •Hardwood
Estimated Monthly Payment
$16,332 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$36,000
Monthly savings impact
$100/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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Listing Courtesy of Brown Harris Stevens Residential Sales LLC
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Listings
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 Compass
Data Source: TRESTLE #RLS11032475
Price Analysis
Compare average listing prices and value metrics for 12 East 88th Street against the surrounding Upper East Side market.
Average List Price
Price Per SqFt
48.28% Higher
than the Upper East Side price-per-sq-ft average
This building commands a premium compared to the neighborhood baseline. This typically indicates superior amenities, newer construction, or prime positioning within Upper East Side.
Upper East Side
Overview of Upper East Side
The Upper East Side (UES) is the epitome of classic New York wealth and culture. Stretching from Central Park to the East River, it is home to Museum Mile, Madison Avenue fashion, and some of the most prestigious addresses in the world. For buyers seeking Upper East Side Manhattan real estate, it offers a lifestyle of polished elegance and safety.
Living in the Upper East Side ranges from the ultra-luxury of Fifth Avenue to the bustling, younger energy of Second Avenue. As a premier Manhattan NYC neighborhood, it remains the gold standard for residential stability and top-tier schools.
Real Estate & Housing Market
The market for homes for sale in the Upper East Side is surprisingly diverse. While famous for $20 million townhouses and co-ops, the eastern avenues (Yorkville) offer excellent value for studios and one-bedrooms.
It is valid to say it has two markets: the "Gold Coast" west of Lexington (historic, expensive, co-op heavy) and the area east of Lexington (more condos, more rentals, more affordable).
Lifestyle & Community
The lifestyle on the UES is refined. Residents spend weekends at the Met or the Guggenheim, jogging in Central Park, and dining at established bistros. It is less trendy than downtown but more livable.
The community is generational. You will see grandmothers and toddlers who both grew up in the neighborhood. It feels established, clean, and manicured.
Transportation & Accessibility
The Upper East Side was transformed by the Second Avenue Subway (Q train), which relieved pressure on the 4/5/6 line. Now, the area feels incredibly connected to Midtown and downtown.
The crosstown buses through the park (at 65th, 79th, 86th, 96th) are vital lifelines to the West Side.
Parks, Schools & Amenities
Central Park is the neighborhood's front yard. Carl Schurz Park on the East River is a hidden gem with a dog run and promenade.
Amenities are world-class. The area has the highest concentration of private schools in the city (Dalton, Spence, Chapin) and top hospitals (Lenox Hill, Mt Sinai), making it a magnet for families and professionals.
Who This Neighborhood Is Best For
The Upper East Side is best for families, culture lovers, and anyone who wants a classic, safe, and green New York City experience.
