300 feet from Central Park and The Guggenheim Museum, this Mint Carnegie Hill 2-Bedroom Pre-War Candela Condominium is a find! A gracious entry gallery welcomes you where you are drawn to an expansive sunken living and dining room that blends classic pre-war interiors with a warm, organic, and chic contemporary palette with six-inch white oak plank floors throughout. The open chef's kitchen is outfitted with custom white cabinetry accented by polished nickel hardware and features under-cabinet lighting. Dekton Spanish Quartz countertops and backsplashes are perfectly complemented by Dornbracht polished chrome faucets and a full range of professional appliances including dual Miele Ovens, a Wolf range with a Miele hood, two Bosch dishwashers, and a 48" SubZero Fridge. The expansive Primary Suite features an oversized walk-in closet and an en-suite bathroom with Dolomiti white marble walls, floors, and counters, radiant heated floors, and Robern mirrors. At the opposite end of the apartment, the 2nd bedroom is well-lit with double exposures and ample closet space. A deep soaking tub by Zuma in the secondary bathroom and laundry closet completes this residence. Storage is included. Located in the heart of Carnegie Hill, Manhattan's most distinguished Upper East Side neighborhood, surrounded by the city's most prestigious co-ops and townhouses and adjacent to the Guggenheim Museum, perched half a block away from majestic Central Park, 12 East 88th Street is the rare classic pre-war condominium residence updated with all modern conveniences, finishes, and features. Designed nearly a century ago by the famed Gilded Age architect, Rosario Candela, 12 East 88th Street offers a rare pedigree. Each residence has been thoughtfully rescaled for the needs and tastes of modern residents, with updated touches by renowned firm Champalimaud Design. Curated amenities include a full-time doorman, fitness center, and playroom leading onto a landscaped terrace. There is currently an assessment thru 12/2025 for $1, 249. 55/month.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,200,000 | $2,200,000 | $2,200,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.648% | 6.597% | 6.158% |
Monthly Tax Payment | $1,689 | $1,689 | $1,689 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,664 | $13,906 | $18,565 |
Total Monthly Payment | $14,478 | $15,720 | $20,379 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.