- Year built
- 1922
- Flip tax
- 2%
4 East 88th Street is the Guggenheim-facing Georgian Revival cooperative — a 1922 boutique 34-35-unit building directly across the street from Frank Lloyd Wright's Solomon R. Guggenheim Museum (1959). The structural identity rests on three features.
First, the Guggenheim-facing position — every front-facing apartment looks directly onto Wright's Museum and the Frank Lloyd Wright sculpture garden. Second, the Georgian Revival composition with red brick and a "pleasant and bright lobby with an attractive black-and-white marble floor" per Carter Horsley. Third, the flexible policy framework — 65% financing, 2% flip tax, welcomed pets, and permitted pied-à-terre, subletting, gifting, and guarantors all with board approval.
Recent sales
Recent broker pipeline: Unit 4C at $1.15 million (Brown Harris Stevens); Unit 1B at approximately $1 million (Brown Harris Stevens). 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 Guggenheim-facing position is structurally distinguishing. No other Carnegie Hill cross-street cooperative carries the same exposure.
The flexible policy framework — 65% financing, 2% flip tax, welcomed pets, permitted pied-à-terre, subletting, gifting, guarantors — produces one of the more accommodating boutique Carnegie Hill buyer profiles.
The boutique 34-35-unit scale supports operational intimacy. Plan board diligence accordingly.
The Georgian Revival architectural composition with the black-and-white marble lobby anchors the institutional identity.
The reserved amenity layer — no garage, no health club, no sundeck — should be evaluated against buyer expectations.
Closing timelines are cooperative-standard. Plan for 6 to 10 weeks from contract through board approval to closing.
Comparable buildings
- 14 East 90th Street — Carpenter 1928 neo-Renaissance; immediate Carnegie Hill cross-street peer
- 19 East 88th Street — Dowling 1937 Art Deco; same-block Carnegie Hill peer
- 12 East 87th Street (The Capitol) — Blum & Blum 1910-12; nearby boutique Carnegie Hill peer
- 21 East 87th Street — Roth 1927; nearby Carnegie Hill prewar peer
- 17 East 89th Street — Ajello 1924; nearby Carnegie Hill prewar peer
The Roebling Team at 4 East 88th Street
The Roebling Team at Compass specializes in Central Park West, the Upper East Side, and the broader Park-facing Manhattan market. If you're considering a purchase or sale at 4 East 88th, a 30-minute consultation is the right starting point.
Corey Cohen · The Roebling Team at Compass 646.939.7375 · c.cohen@compass.com
Sources: CityRealty (Carter Horsley review, December 23, 2011); Corcoran building page; Brown Harris Stevens listings; NYC Landmarks Preservation Commission Carnegie Hill Historic District Designation Report (LP-0834, 1974 / LP-1834, 1993); NYC Department of Finance recorded transfers.