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Brick Two-Family Townhouse

438 E 88th St, New York, NY 10128

For Sale
New
$6,500,000

A shared entry and staircase support the current two-family layout or a potential single-family conversion.

Property Size3,700 SF
Price / SF$1,756
Days on Market6

Property Features for 438 E 88th St

General Information

Standard status Active
Size 3,700 SF
Property subtype Commercial

Property Condition

Severity Repairs Needed
Evidence ready for updating and remodeling

Site & Location

Neighborhood Fort Hamilton

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $39,492

Building Details

Year Built 1901
Year Renovated 2003
Buildings 1
Stories 3
Units 1
Construction brick
Listing Agency: Brown Harris Stevens Residential Sales LLC
Listed By: Peter L Kapp
Source: Edifyny
Added: Nov 4 Changed: Nov 7 Last Checked: Nov 8 at 5:28AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Brown Harris Stevens Residential Sales LLC

Rey
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Investment Insights

Based on property information with market context.

This brick townhouse is arranged across three stories with a finished above-grade cellar and is currently set up as a two-family home. Gut renovated in 2003, it is newly vacant and ready for updating. The parlor level has an eat-in kitchen with a Viking range, dining area, and front living room. Two bedrooms, two bathrooms, two walk-in closets, and an alcove occupy the second floor. The third floor is a separate two-bedroom residence with a vintage kitchen. The finished cellar includes a gas boiler installed in 2020, a water heater installed in 2023, and a washer/dryer. Total home area is approximately 3,700 square feet, in addition to a 1,232-square-foot cellar.

An approximately 850-square-foot brick garden receives southern sunlight. The property is between First and York Avenues in Yorkville, near Carl Schurz Park and Gracie Mansion. The home retains decorative fireplaces, fluted moldings, skylights, and an exposed original stone foundation. Space and plumbing are in place for a mid-floor washer/dryer; removing the third-floor kitchen could enable a different room layout.

Key Highlights

  • Three‑story brick townhouse with a finished above‑grade cellar; built in 1901
  • Approximately 3,700 square feet of home area plus a 1,232‑square‑foot cellar
  • Approximately 850‑square‑foot garden with southern sunlight

Property Analytics

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Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

4,276
Businesses Nearby

Demographics for 10128, NY

64,249
Population
35,940
Households
1.8
Avg Household Size
38
Median Age
77%
College-Educated
96%
High-School Grad
0.5 sq mi
ZIP Area
128,498
Density / Sq Mi
$148,705
Median Household Income
$103,078
Median Earnings
$2,648
Median Rent
$1,295,600
Median Home Value
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Market

Average Price Trend$/SF for Duplexes in New York, NY

$1,202 Jul
$1,165 Aug
$731 Sep
$576 Oct

Properties on Market for Duplexes in New York

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - A shared entry and staircase support the current two-family layout or a potential single-family conversion.
Where is this duplex located?
The property is located at 438 E 88th St New York, NY.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: Three‑story brick townhouse with a finished above‑grade cellar; built in 1901; Approximately 3,700 square feet of home area plus a 1,232‑square‑foot cellar; Approximately 850‑square‑foot garden with southern sunlight
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