7 East 88TH Street #TH, New York City, NY 10128
Listing Courtesy of Corcoran Group
$17,800,000
Potential Rebate: $267,000
Overview
No.7 East 88th Street <br> Rare Limestone Mansion / Park Block / 24.5 ft Wide / High Ceilings / Over 10,000 sqft (approx.).<br> <br> Delivered fully vacant, No.7 East 88th Street is ideal for a single-family mansion restoration. Distinguished by its impressive Beaux-Arts style 24.5-foot-wide limestone facade, this mansion spans five levels with soaring ceilings over 10ft tall on each level; it features beautiful architectural details, such as elegant dormers and a two-level limestone-clad oriel window with western views of Central Park and Reservoir, welcomed by an original wrought-iron grille perfectly centered between two limestone columns and flanked by two windows that complement its timeless design. <br> <br> No.7 East 88th Street is among the most desired Carnegie Hill landmarked blocks. It is moments away from Central Park, Fifth Avenue, the Guggenheim Museum, and Madison Avenue shopping and is lined with some of the Upper East Side's finest examples of turn-of-the-century architecture.<br> <br> Built in 1903 by architects James R. Turner and William G. Killian, No. 7 East 88th Street was designed in the Beaux-Arts style as a row of three prominent mansions, each showcasing an impressive and grand scale throughout. This mansion is 24.5 feet wide and 80 feet deep on a 100-foot-deep lot. The interiors still feature original details, impressive rooms with exceptional scale and proportion, and generous natural light.<br> <br> The mansion is configured as a four-unit residence, including a garden-level triplex, a modernly designed top-level triplex with solarium, and four one-bedroom residences, highlighted with a rooftop terrace and private garden. Each level of this townhouse is serviced by an elevator, a rarity for a house of this period.<br> <br> Please see the single mansion proposed floorplan by NJ Caine Architecture
Home Features
- •Building Roof Deck
- •Smoke Free
- •Washer Dryer Allowed
- •City
Estimated Monthly Payment
$87,956 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$267,000
Monthly savings impact
$742/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 #RLS10994347
Price Analysis
Compare average listing prices and value metrics for 7 East 88TH Street against the surrounding Carnegie Hill market.
Average List Price
Price Per SqFt
Insufficient size data available to calculate Price Per SqFt comparisons for this specific selection.
381.88% Higher
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
Overview of 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.
Real Estate & Housing Market
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.
Lifestyle & Community
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.
Transportation & Accessibility
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.
Parks, Schools & Amenities
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.
Who This Neighborhood Is Best For
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.
