12 East 87th Street (The Capitol)
12 East 87th Street, New York, NY 10128
Carnegie Hill, Upper East Side
BBL 1014980061 · BIN 1046858
- Year built
- 1910
- Type
- Cooperative
- Floors
- 9
- Landmark status
- Not an individual landmark; in the Expanded Carnegie Hill Historic District
- NYC Landmarks Preservation Commission records, updated February 2026
- Pied-à-terre
- Permitted
- Pets
- Pets permitted; species and limits not stated
- Maximum financing
- 65% of the purchase price
- Flip tax
- 1% of the purchase price, paid by the seller
- Doorman
- Full-time doorman
- Managing agent
- Orsid New York
Compiled by The Roebling Research Desk from the building’s offering plan, amendments, and related building documents (primary source dated 2026). Board policies can change by amendment — confirm at the offer stage.
Every recorded sale at this building, 2005–2026
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- Recent range
- $1.3M – $1.4M
- Listing discount
- 4.1%
- Recorded transfers
- 26
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at The Capitol would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.
The Capitol is George & Edward Blum's deliberately distinguished Carnegie Hill cooperative — designed in 1910-1912 in a Neo-Renaissance vocabulary with a glazed white terra cotta and Roman brick facade. The building is within the Expanded Carnegie Hill Historic District, designated in 1993; it is not an individual landmark.
The clearest marker of the building's stature is its Blum & Blum architectural pedigree — a firm architectural historians call "one of the city's great nonconformist architectural firms," whose Beaux-Arts / Art Nouveau / Arts & Crafts hybrid practice ran across more than 120 apartment houses. Setting the building apart on a different axis is its flexible policy framework — 65% financing plus permitted pied-à-terre, gifting, co-purchasing, and guarantors, all subject to board approval.
Architectural histories document a notable construction-history fact: "During construction, the building collapsed, killing four workers" — a Blum-firm construction history milestone.
Architecture and building operations
George & Edward Blum's 1910-1912 Capitol Building was originally configured as one 5-bedroom apartment per floor — a configuration that supported the ultra-large prewar layouts characteristic of early-1910s luxury residential commissions. The Neo-Renaissance composition in glazed white terra cotta and Roman brick was one of the more architecturally confident statements of its period in Carnegie Hill.
The architecture reads the building's architecture as "Very distinguished" — with "Few apartments," "Many very broad windows," and a structural caveat: "Missing most of its cornice." As a building within the 1993 Expanded Carnegie Hill Historic District, its exterior work falls under Landmarks Preservation Commission review.
Operations: part-time doorman, live-in superintendent, elevator, central laundry room. Pet-friendly.
Policy framework
- Type: Cooperative — board interview required
- Pets: Permitted
- Pied-à-terre: Permitted
- Financing maximum: 65% (35% minimum down)
- Flip tax: Verify with managing agent
- Subletting: Board approval required
- Gifting: Permitted with board approval
- Co-purchasing: Permitted with board approval
- Guarantors: Permitted with board approval
- Trust ownership: Subject to board review
- LLC ownership: Not typical
- Foreign buyer: Substantial board diligence
- Post-closing liquidity: Substantial Carnegie Hill reserves customary
- Board interview: Required
The combination of 65% financing, permitted pied-à-terre, gifting, co-purchasing, and guarantors produces one of the more accommodating Carnegie Hill cross-street cooperative buyer profiles.
Application and transaction fees
Fees below are from building management's published schedule, as of September 2026. They are shown as published, item by item; no total is added because the total depends on the transaction. Deposits are listed apart from nonrefundable charges.
- Terms
- Equal to 1% of Sales Price
- Rate
- 1% of the purchase price
- Paid by
- Seller
Source: building management's published schedule, as of September 2026
Purchase
26 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Additional Processing FeeConditionalPaid to management | Paid by Buyer | When With the application | Amount $200 if there is a 2nd Applicant or Guarantor | Refundable Non-refundable |
| Application Processing FeePaid to management | Paid by Buyer | When With the application | Amount $700 | Refundable Non-refundable |
| Credit Report FeePer applicantPaid to managementRequired | Paid by Buyer | When With the application | Amount $125 per applicant | Refundable Non-refundable |
| LL58 Compliance FeePaid to management | Paid by Buyer | When With the application | Amount $500 | Refundable Not stated |
| Move In FeePaid to the building | Paid by Buyer | When With the application | Amount $350 | Refundable Non-refundable |
| Rush Package Review FeeConditionalPaid to management | Paid by Buyer | When With the application | Amount $500 (if applicable) | Refundable Not stated |
| Move Out FeePaid to the building | Paid by Seller | When With the application | Amount $350 | Refundable Non-refundable |
| Adjournment Fee - applies to closings cancelled within 48 hours before the scheduled closing. After office hours, holidays and weekends do not count towards the 48 hours.ConditionalPaid to management | Paid by Buyer | When Before closing | Amount $500 (if applicable) | Refundable Non-refundable |
| Expedited Closing Fee within 7 business days of receiving both the new closing documents and approval to closeConditionalConditions: In-office (if available) or remote; If applicable; Whichever comes later not including weekends or holidaysPaid to management | Paid by Buyer | When Before closing | Amount $500.00 (if applicable) (paid by Buyer or Seller) | Refundable Non-refundable |
| Financing FeeConditionalPaid to management | Paid by Buyer | When Before closing | Amount $400.00 (if applicable) | Refundable Non-refundable |
| Power of Attorney Review FeeConditional · Per applicantPaid to management | Paid by Buyer | When Before closing | Amount $200.00 per power of attorney (if applicable) | Refundable Non-refundable |
| Adjournment Fee - applies to closings cancelled within 48 hours before the scheduled closing. After office hours, holidays and weekends do not count towards the 48 hours.ConditionalPaid to management | Paid by Seller | When Before closing | Amount $500 (if applicable) | Refundable Non-refundable |
| Closing FeePaid to management | Paid by Seller | When Before closing | Amount $850 | Refundable Non-refundable |
| Closing FeeConditionalConditions: Closing in another location, mail closingPaid to management | Paid by Seller | When Before closing | Amount $1,100 | Refundable Non-refundable |
| Estate Sale FeeConditionalPaid to management | Paid by Seller | When Before closing | Amount $500.00 (if applicable) | Refundable Non-refundable |
| Expedited Closing Fee within 7 business days of receiving both the new closing documents and approval to closeConditionalConditions: In-office (if available) or remote; If applicable; Whichever comes later not including weekends or holidaysPaid to management | Paid by Seller | When Before closing | Amount $500.00 (if applicable) (paid by Buyer or Seller) | Refundable Non-refundable |
| Lost Stock & Lease FeeConditionalPaid to management | Paid by Seller | When Before closing | Amount $600.00 (if applicable) | Refundable Non-refundable |
| Power of Attorney Review FeeConditional · Per applicantPaid to management | Paid by Seller | When Before closing | Amount $200.00 per power of attorney (if applicable) | Refundable Non-refundable |
| Additional Closing FeeConditionalConditions: WITHOUT a Bank Attorney PresentPaid to management | Paid by Buyer | When At closing | Amount $500, if applicable | Refundable Non-refundable |
| Closing Overtime Fee - paid by Buyer or SellerConditional · Per hourConditions: If applicablePaid to management | Paid by Buyer | When At closing | Amount $250.00 per hour after 2 hours from scheduled time ($250.00 minimum) | Refundable Non-refundable |
| Estate Transfer Additional Closing FeeConditionalConditions: WITHOUT the attorney presentPaid to management | Paid by Buyer | When At closing | Amount $200, if applicable | Refundable Non-refundable |
| Messenger FeeConditionalConditions: If applicablePaid to the building | Paid by Buyer | When At closing | Amount $50 | Refundable Not stated |
| Postponement FeeConditionalConditions: Less than 48 Hours' NoticePaid to management | Paid by Buyer | When At closing | Amount $500, if applicable | Refundable Non-refundable |
| Trust Transfer Additional Closing FeeConditionalConditions: WITHOUT the attorney presentPaid to management | Paid by Buyer | When At closing | Amount $200, if applicable | Refundable Non-refundable |
| Undertaking FeePaid to management | Paid by Buyer | When At closing | Amount $100 | Refundable Non-refundable |
| Closing Overtime Fee - paid by Buyer or SellerConditional · Per hourConditions: If applicablePaid to management | Paid by Seller | When At closing | Amount $250.00 per hour after 2 hours from scheduled time ($250.00 minimum) | Refundable Non-refundable |
Sublet
8 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing FeePaid to management | Paid by Shareholder | When With the application | Amount $650 | Refundable Non-refundable |
| Credit Report FeePer applicantPaid to managementRequired | Paid by Shareholder | When With the application | Amount $125 per applicant | Refundable Non-refundable |
| Move In FeePaid to the building | Paid by Shareholder | When With the application | Amount $350 | Refundable Non-refundable |
| Move Out FeePaid to the building | Paid by Shareholder | When With the application | Amount $350 | Refundable Non-refundable |
| Rush Package Review FeeConditionalPaid to management | Paid by Shareholder | When With the application | Amount $500 (if applicable) | Refundable Not stated |
| Sublet FeeRecurringPaid to the building | Paid by Shareholder | When With the application | Amount Equal to 10% of the annual rent, billed monthly | Refundable Not stated |
| Additional Processing FeeConditionalPaid to management | Paid by Subtenant | When With the application | Amount $200 if there is a 2nd Applicant or Guarantor | Refundable Non-refundable |
Sublet renewal
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing FeePaid to management | Paid by Shareholder | When With the application | Amount $250 | Refundable Non-refundable |
Refinance
5 items
Management's “less refinance” schedule
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing FeePaid to management | Paid by Shareholder | When With the application | Amount $250 | Refundable Non-refundable |
| Rush Package Review FeeConditionalPaid to management | Paid by Shareholder | When With the application | Amount $500 (if applicable) | Refundable Not stated |
Management's “more refinance” schedule
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing FeePaid to management | Paid by Shareholder | When With the application | Amount $400 | Refundable Non-refundable |
| Credit Report FeePer applicantPaid to managementRequired | Paid by Shareholder | When With the application | Amount $125 per applicant | Refundable Non-refundable |
| Rush Package Review FeeConditionalPaid to management | Paid by Shareholder | When With the application | Amount $500 (if applicable) | Refundable Not stated |
Alteration
1 item
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Alteration Security DepositConditionalPaid to the building | Paid by Resident | When Upon approval | Amount $1,000 (if applicable) | Refundable Refundable |
Ownership transfer
13 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Credit Report FeePer applicantPaid to management | Paid by Buyer | When With the application | Amount $125 per applicant | Refundable Non-refundable |
| Estate TransferConditionalPaid to management | Paid by Buyer | When With the application | Amount $250 if applicable | Refundable Not stated |
| LL58 Compliance FeePaid to management | Paid by Buyer | When With the application | Amount $500 | Refundable Not stated |
| Name change/spouse add/removalConditionalPaid to management | Paid by Buyer | When With the application | Amount $250 if applicable | Refundable Not stated |
| Transfer into a TrustConditionalPaid to management | Paid by Buyer | When With the application | Amount $500 if applicable | Refundable Not stated |
| Transfer to a Family Member and a Third PartyConditionalPaid to management | Paid by Buyer | When With the application | Amount $500 if applicable | Refundable Not stated |
| Closing FeePaid to management | Paid by Shareholder | When Before closing | Amount $850 | Refundable Non-refundable |
| Closing FeeConditionalConditions: Closing in another location, mail closingPaid to management | Paid by Shareholder | When Before closing | Amount $1,100 | Refundable Non-refundable |
| Expedited Closing FeeConditionalConditions: Within 10 business days of approvalPaid to management | Paid by Shareholder | When Before closing | Amount $500.00 (if applicable) | Refundable Non-refundable |
| Financing FeeConditionalPaid to management | Paid by Shareholder | When Before closing | Amount $400.00 (if applicable) | Refundable Non-refundable |
| Lost Stock & Lease FeeConditionalPaid to management | Paid by Shareholder | When Before closing | Amount $600.00 (if applicable) | Refundable Non-refundable |
| Power of Attorney Review FeeConditional · Per applicantPaid to management | Paid by Shareholder | When Before closing | Amount $200.00 per power of attorney (if applicable) | Refundable Non-refundable |
| Closing Fee for all TransfersPaid to management | Paid by Buyer | When At closing | Amount $850 | Refundable Not stated |
Management updates its schedule without a public filing. The date is when management last updated the page, not when a rule changed. Confirm the current schedule with management before you apply.
Considering an apartment here? Send Corey the listing to discuss the building's costs and purchase requirements.
Own an apartment here? Request an apartment-specific pricing review.
Financing and purchase requirements
- Maximum financing
- 65% of the purchase priceSource: The Roebling Team's building profile
Sublet and pied-à-terre policy
A condominium owner leasing a unit and a co-op shareholder subletting are different rules, and a building-wide rule is different from a restriction on one apartment. This is the building's rule; confirm it for the specific apartment.
- Subletting by shareholders
- Not verified
- Pied-à-terre ownership
- PermittedSource: The Roebling Team's building profile
Considering an apartment here? Send Corey the listing to discuss the sublet and pied-à-terre rules for that apartment.
Pets and in-unit washer/dryer
- Pets
- Pets permitted; species and limits not statedSource: The Roebling Team's building profile
- In-unit washer/dryer
- Not verified
Considering an apartment here? Send Corey the listing to confirm the pet and washer/dryer rules for that apartment.
Building staffing and amenities
- Doorman
- Full-time doormanSource: The Roebling Team's building profile
- Live-in superintendent
- YesSource: The Roebling Team's building profile
- Elevator
- YesSource: NYC Department of City Planning records (PLUTO)
- Amenities noted
- Laundry roomSource: The Roebling Team's building profile
Staffing and amenities as our building profile and recent listing records describe them. A feature not listed is not confirmed absent. Outdoor space, parking and some facilities can belong to particular apartments or to a separate owner; confirm access for the specific apartment.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $6,026/yr
- Per unit / month range
- $0 – $18
- Modeled exposure split equally across 28 units (the residential count on the city's lot record). Not an assessed amount; co-op shareholders are typically charged by share allocation.
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City data last refreshed September 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →Facade safety — Local Law 11
The latest available filing classified the facade as SWARMP — Safe With A Repair and Maintenance Program: the engineer identified conditions requiring monitoring or repair, with repairs due by the deadline stated in the filing. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials for you.
How to read this, and where it comes from
QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent).
Penalties shown are amounts DOB assessed against filings on record across 2005–10 to 2020–25. The FISP dataset does not record whether they were paid, contested or remain open, so treat the figure as history rather than a current balance and confirm the building’s standing with the managing agent.
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City data last refreshed September 2026.
Management & transfer contacts
- Flip tax
- 1% of sales price (Shareholder)
- Sublet policy
- Sublet fee 10% of annual rent, billed monthly; move-in/out $350 each
- Notable fees
- Buyer app $700 + $125 credit; Closing $850 ($1,100 mail); financing $400
Recent sales
Recent transfers at this building, from The Roebling Research Library. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Mar 19, 2026 | 8C | 1 BR · 1 BA | $1,275,000 | -1.5% | |
| Feb 25, 2025 | 6A | 2 BR · 2 BA | $1,450,000 | -17.1% | |
| Jul 27, 2022 | 1B | 1 BR · 1 BA | $750,000 | +0.0% | |
| Jul 22, 2022 | PH | 1 BR · 1 BA | $735,000 | -2.0% | |
| Apr 21, 2022 | 8AD | 3 BR · 3 BA · 2,150 sf | $3,200,000 | $1,488/sf | -14.7% |
| Jan 31, 2022 | 6B | 2 BR · 2 BA | $2,000,000 | -7.0% | |
| Jan 20, 2022 | 3C | 2 BR · 1 BA | $999,000 | +11.6% | |
| Oct 18, 2021 | 8B | 2 BR · 2 BA · 1,600 sf | $1,635,000 | $1,022/sf | +2.2% |
Market read. $/sf is measured on the latest sales with reliable square footage (2022): a median $1,488/sf (recorded) across 1 sale. The building has traded as recently as 2026. Median listing discount 3.1% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-01498-0061). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage on co-ops is not officially recorded, figures shown are approximate.
What would your apartment rent for?
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Buying here? Co-op closing costs typically run 2 to 3% of the price. See NYC co-op and condo closing costs, line by line.
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Architectural register
The Capitol reads "Very distinguished" with "Few apartments" and "Many very broad windows." The structural caveat: "Missing most of its cornice."
What to know if you’re buying
The building is within the 1993 Expanded Carnegie Hill Historic District, not individually landmarked. Exterior work falls under Landmarks Preservation Commission review.
Architect: Blum & Blum. The firm's broader body of work — Art Nouveau and Arts & Crafts apartment buildings across Manhattan — connects The Capitol to a substantial early-20th-century lineage.
The flexible policy framework — 65% financing, permitted pied-à-terre, gifting, co-purchasing, guarantors — produces one of the more accommodating Carnegie Hill cross-street cooperative profiles.
The original one-apartment-per-floor configuration historically supported 5-bedroom layouts. Verify current line-specific configuration (combinations and splits) during walkthrough.
The cornice-loss condition is documented. Evaluate the facade restoration history during diligence; LPC-protected exterior modifications require approval.
The part-time doorman configuration is operationally distinct from full-time doorman peers. Verify hours during walkthrough.
Closing timelines are cooperative-standard. Plan for 6 to 10 weeks from contract through board approval to closing.
Comparable buildings
- 4 East 88th Street — 1922 Georgian Revival; same-block Carnegie Hill peer
- 19 East 88th Street — Dowling 1937 Art Deco; nearby Carnegie Hill peer
- 21 East 87th Street — Roth 1927; same-block Carnegie Hill peer
- 14 East 90th Street — Carpenter 1928; nearby Carnegie Hill peer
- 17 East 89th Street — Ajello 1924; nearby Carnegie Hill peer
Sources: The Roebling Research Library (offering plans, house rules, financial statements, board minutes, internal transaction records); NYC Department of Finance recorded transfers; publicly recorded NYC building data.
More Upper East Side buildings
- 11–15 East 70th Street — 1909
- The Marquand (11 East 68th Street) — 1913 condominium
- The Pulitzer Mansion, 11 East 73rd Street — 1901 co-op by McKim, Mead & White
- 12 East 88th Street — 1931 condominium
- 14 East 68th Street — co-op
- 14 East 75th Street — 1928 co-op by Schwartz & Gross
The neighborhood
For the full corridor — architecture, transit, and pricing across Upper East Side — read The Roebling Team Guide to Upper East Side.
The full playbook — what goes in the package, how boards read your financials, the interview, and the timeline — plus sample cover, reference, and personal letters you can adapt.
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
Considering a move at The Capitol?
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646.939.7375 · c.cohen@compass.com