Listing Courtesy of Corcoran Group
$22,000,000
Potential Rebate: $330,000
Architectural Masterpiece on Fifth Avenue<br> 2 East 88th Street, Residence 10 / 1068 Fifth Avenue, Residence 10<br> <br> Welcome to an exceptional one-of-a-kind offering in one of Manhattan's most distinguished cooperatives. Residence 10 at 2 East 88th Street, featured in Architectural Digest and designed by AD100 Hall of Fame architects SheltonMindel & Associates, is a rare full-floor home that merges modernist refinement with timeless Upper East Side prestige.<br> <br> With nearly fifty feet of Fifth Avenue frontage and twenty-five oversized windows across three exposures, this luminous residence frames sweeping vistas of Central Park, the Jacqueline Kennedy Onassis Reservoir, and the Guggenheim Museum. Elevated above the treetops, it enjoys unobstructed northern exposures, permanently protected by the museum directly next door. The interiors are defined by eleven-foot beamed ceilings, white lacquer finishes, custom white resin and black wenge-wood floors, and two wood-burning fireplaces.<br> <br> A private elevator landing opens to a glass vestibule, leading into a dramatic twenty-eight-foot gallery that anchors the floor plan and sets the stage for an enfilade of entertaining rooms along Fifth Avenue. The northwest corner living room, with nine oversized windows and a walnut-encased steel fireplace, flows into a luminous library and media room with a second fireplace, and a refined dining room with sandblasted glass walls that filter courtyard light. The eat-in chef's kitchen, concealed behind a sixteen-foot glass wall, is outfitted with Bulthaup cabinetry, a stainless-steel island, and professional-grade appliances by Sub-Zero, Viking, and Miele. A powder room with park views, concealed storage, and a vented laundry complete this wing.<br> <br> The private quarters include a primary suite accessed through a walnut-paneled corridor with ten custom closets. With open park views, this retreat features a spa-quality bath with Dornbracht fixtures, radiant heated floors, a deep soaking tub, and a steam rainfall shower with dual heads. All three bedrooms face north, with open exposures overlooking Central Park and the Guggenheim Museum, ensuring exceptional light, privacy, and views. A flexible fourth bedroom with a Murphy bed and en-suite bath completes the layout.<br> <br> Additional features include central air conditioning, an integrated security system, a custom audio-visual system with gallery lighting, and two storage units that transfer with the apartment. The cooperative requires a 3 percent flip tax, payable by the purchaser.<br> <br> Building History<br> <br> Completed in 1930 by Bing & Bing and designed by Pennington & Lewis, 2 East 88th Street is one of Fifth Avenue's most architecturally distinctive prewar cooperatives. Its Art Moderne design is crowned by a dramatic rooftop tower adorned with Greek-style stone heads, an homage to the Porch of the Maidens at the Acropolis, which conceals the building's water tank and utilities. With just thirteen expansive residences across fourteen stories, the cooperative is prized for its scale, craftsmanship, and discretion. White-glove services include a full-time doorman and a live-in superintendent. Ideally located across from the Guggenheim and directly on Central Park, the building combines architectural pedigree, cultural significance, and an uncommon tranquility for a Fifth Avenue address.
$121,330 per month
30 year fixed, 6.28% Interest
One-time rebate at closing
$330,000
Monthly savings impact
$917/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 #RLS20048811

Compare average listing prices and value metrics for 2 East 88TH Street against the surrounding Carnegie Hill market.
Insufficient size data available to calculate Price Per SqFt comparisons for this specific selection.
than the Carnegie Hill price average
This building commands a premium compared to the neighborhood baseline. This typically indicates superior amenities, newer construction, or prime positioning within Carnegie Hill.
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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