Cooperative New York

A Sun-Filled Carnegie Hill Classic with Endless Possibilities

A rare opportunity to create your dream home in Carnegie Hill. This gracious, south-facing five and a half room residence occupies a prime position in an elegant full-service prewar cooperative at East 86th Street and Madison Avenue, just one block from Central Park.

Bathed in natural light and rich in prewar character, the spacious apartment with high ceilings, offers exceptional proportions, hardwood floors throughout, and limitless potential for an architect’s vision. Currently configured as two generously sized bedrooms plus a staff room, the flexible layout easily accommodates a third bedroom.

A welcoming foyer opens to an expansive south-facing living room, where oversized windows fill the space with sunshine. The dining area forms the center of the home, connecting the living spaces with the east bedroom wing. The generously proportioned south-facing primary bedroom features an en-suite bath and two abundant walk-in closets, offering a rare combination of space and storage. A perfectly-sized windowed kitchen provides an ideal opportunity to create a culinary space tailored to the needs of today’s discerning chef.

49 East 86th Street is an elegant Art Deco cooperative constructed in 1931 by renowned architects Pennington & Lewis, distinguished by its handsome brick-and-limestone facade. The full-service building offers a 24-hour doorman/concierge, live-in superintendent, bicycle and private storage, and a central laundry room. Pets, pied-à-terres, guarantors, and washer/dryers are permitted with Board approval. The building permits up to 50% financing and has a 2% flip tax.

Perfectly situated in one of Manhattan’s most coveted neighborhoods, the residence is a block from Central Park, Museum Mile, world-class museums, exceptional restaurants, and some of the city’s finest shopping.

Bring your imagination and transform this gracious Carnegie Hill classic into a truly exceptional home. Your canvas awaits!