12 East 88th St. #5F

Superb Investor Opportunity!

Priced below both the average square foot and median price for the Upper East Side condo inventory for the last two years, this two-bedroom unit is a chance not to be missed!

This Carnegie Hill (known for being one of the most sought after neighborhoods on the Upper East Side) CONDO located just off of Fifth Avenue is adjacent to the “Engineer’s Gate” entrance to Central Park. A refined and historic community that is known for its world-renowned museums, exclusive shops, celebrated restaurants (the highly regarded Paola’s Restaurant is just a few blocks away) quiet tree-lined streets and one of the most sought-after public education districts in the city. Twelve (12) E. 88th Street is a Rosario Candela-designed building that has been restored to the highest level of elegance, modern sophistication and detail while retaining the charming boutique feeling that is so highly desired here.

With a current lessee in place, 5F has a positive cash flow monthly, over and above the maintenance and property taxes.

For a qualified buyer, the owner will agree to 5% deposit at contract signing, rather than the 10% customarily required.

Showings are extremely limited.