$799,000
Updated 5 years ago
Off Market

The Capitol

12 East 87th Street, PH

Carnegie Hill, Manhattan | Fifth Ave & Madison Ave

4 Rooms1 Bed1 BathCo-op

$799,000
Maintenance$2,942

Listing Features

  • Crown Moldings
  • Dining Alcove
  • Entry Foyer
  • Full Floor
  • Hardwood Floors
  • High Ceilings
  • Moldings
  • Original Details
  • Penthouse/Top Flr
  • Recessed Lighting
  • Sunken Living Room
  • Dishwasher
  • Gourmet Kitchen
  • S Steel Appliances
  • Windowed Kitchen
  • En Suite Bathroom

Outdoor space and views

  • Central Park
  • Skyline Views
  • East Exposure
  • North Exposure
  • South Exposure
  • West Exposure

Building Amenities

  • Part-Time Doorman
  • Elevator
  • Laundry Room
  • Roof Deck
  • Storage

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 12 East 87th Street, PH

Showing by appointment - Welcome to this very unique, fully renovated Penthouse on top The Capitol with no surrounding neighbors.  It's like living in a peaceful cottage in the sky and is just steps away from Central Park and The Metropolitan Museum of Art.  Featuring 4 exposures, high ceilings, crown moldings throughout, recessed lighting, original oak hardwood floors with inlay, quadraphonic speaker system enabled by Sonos, elegant windows treatments and the entry foyer can easily accommodate a dining area which is open to the bright and spacious sunken living room through a wide archway. The dining area has a large built-in banquet with storage.  The windowed Chef's kitchen is custom designed with top-of-the-line stainless steel appliances including Blomberg and a Bertrazzoni gas range, glass backsplash, generous 42” cabinetry for storage and plenty of counter space. The large bedroom features 2 windows, 2 custom fitted closets including a walk-in and an elegant en-suite windowed bathroom with subway tiles, marble herringbone floors, large marble counter vanity and a glass enclosed tub/shower. Take an elevator ride to the 8th floor then 1 flight walk up to the private Penthouse. The roof is being replaced and will be completed by June. NOTE: Tax Deductibility on Maintenance is 66.5% - this amount is subject to the current tax code/laws. The Capitol is a boutique, neo-renaissance prewar landmark building with 25 units on a serene treelined street in Carnegie Hill. It was built in 1912 and converted to a Coop in 1995. Residents of this impressive building enjoy a friendly and skilled live-in Resident Manager and equally affable Part Time Doormen. Laundry room in the basement, basement storage is available at a small charge and pets are very welcome! The Co-op allows gifting, co-purchasing, Guarantors and Pied-a-terre's too. Subletting allowed, Flip tax is 1% of purchase price. Financing is permitted to 65%. Current assessment is $741 through 3/2023 for Local Law 11 pointing and a new roof. Boiler works well, new oil tank but the Coop uses gas for heating & duel fuel. The neighborhood is recognized for its fine shopping and dining as well as its rich cultural institutions and galleries.  All showings are flexible and by appointment only. (Additional neighborhood pics included)

Listing History for 12 East 87th Street, PH

Now
05/26/2021
TOM by Karen Shenker
Compass
03/16/2021
$799,000
Initial Price by Karen Shenker
Compass

Building Details for 12 East 87th Street

OwnershipCo-op
Building TypeLow-Rise
Service LevelPart-Time Doorman
AgePre-War
AccessElevator
Year Built1912
Financing Allowed65%
Floors/Apts9/29
Learn More About the Building

Transit and Citi Bike

Subway

86 St
0.26 miles
86 St
0.49 miles

Citi Bike

5 Ave & E 87 St
0.04 miles
E 88 St & Park Ave
0.19 miles

Contact Agents

Contact Agents

Licensed As
Karen D. Shenker
Associate Broker
License#:
10301203861
Company:
Compass

Carnegie Hill | Manhattan

Quick Profile

Carnegie Hill is a small neighborhood at the northern tip of the Upper East Side that borders Central Park. It is steeped in history, great wealth, architecture and culture. It is known for its world-class museums and its rows of historic mansions. Nothing much changes here as the entire area is landmarked, preventing the proliferation of high-rise developments. Thus the buildings stay a human scale, the sky is aplenty and the neighborhood kind of feels like a small town to its long time residents.

The name Carnegie Hill is derived from the industrial magnate Andrew Carnegie, when Carnegie decided to build himself a mansion at 91st Street and Fifth Avenue….

Carnegie Hill is a family neighborhood with old fashioned upper crust money. The mid-rise co-ops that line the avenues are among the most prestigious addresses in the city. The avenues are lined with small restaurants, boutique shops

The residential towers that have proliferated on the eastside of Third Avenue in the East 90s simply do not exist between Lexington and Fifth.

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.
OLR ID: 164593