Manhattan Building · 1929
2 East 88th Street
2 East 88th Street, New York, NY 10128

2 East 88th Street

2 East 88th Street, New York, NY 10128

At a glance
Year built
1929

2 East 88th Street is one of the most architecturally distinguished cross-street cooperatives in the entire UES inventory — a 1929-1930 Pennington & Lewis commission for Bing & Bing with a signature rooftop sculptural program that references the Porch of the Maidens (Caryatids) at the Erechtheion on the Acropolis in Athens.

The structural identity rests on three features. First, the Pennington & Lewis / Bing & Bing architect-developer combination — the firm responsible for several Bing & Bing commissions during the late-1920s building cycle, paired with the architect-developer combination that produced multiple landmark prewar coops across Manhattan. Second, the prominent corner tower with carved stone female heads — Friends of the Upper East Side identifies the rooftop sculptural elements as a deliberate Erechtheion reference: "several large, Greek-style, stone heads resting on brick piers, eyeing Central Park and Carnegie Hill." Third, the 13-shareholder boutique configuration — essentially one apartment per floor with the upper-floor triplex penthouse representing the building's signature trophy unit.

Apartment 14PH (triplex penthouse) closed for $60,000,000 on August 24, 2021 — one of the largest cross-street cooperative transactions in modern UES history.

Recent sales

Date Unit Price Notes
Aug 24, 2021 14PH (triplex penthouse) $60,000,000 One of the largest cross-street coop transactions in modern UES history
Oct 2012 Apt 3 $8,100,000 Mid-floor closing
Dec 2023 Apt 1A $1,775,000 Ground-floor unit

Apartment-level closing detail should be sourced from NYC Department of Finance recorded transfers for full transactional context.

What to know if you’re buying

The Bing & Bing / Pennington & Lewis architect-developer combination is real institutional context. No other UES cross-street cooperative at the 13-shareholder boutique scale carries the same architectural-history depth.

The Erechtheion-reference rooftop sculptural program is structurally distinguishing. One of the most-recognized rooftop sculptural elements on any UES cross-street building.

The Guggenheim Museum / Cooper Hewitt / Jewish Museum Museum Mile adjacency is the most structurally valuable urban context in Manhattan residential.

The $60 million August 2021 penthouse closing is the largest recent comp benchmark. The trophy unit pricing dictates building-wide pricing benchmarks at this 13-shareholder scale.

The 13-shareholder boutique configuration is at the smallest scale of institutional UES cooperative inventory. Plan for the most institutional board review standards in the city.

Comparable buildings

The Roebling Team at 2 East 88th Street

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Corey Cohen · The Roebling Team at Compass 646.939.7375 · c.cohen@compass.com


Sources: Friends of the Upper East Side; CityRealty building page and review; CityRealty sales records (14PH, $60M August 2021); Buchbinder Warren; Brown Harris Stevens; Compass; Corcoran; NYC Landmarks Preservation Commission Metropolitan Museum Historic District Designation Report (LP-1083, 1977); NYC Department of Finance recorded transfers.

Considering a transaction at 2 East 88th Street?

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Corey Cohen · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com