$1,495,000
Updated 5 years ago
Sold

Gracie Towne House

401 East 89th Street, 17-F

Upper East Side, Manhattan | First Ave & York Ave

6 Rooms3 Beds2.5 Baths1,400 Square FeetCondop

$1,495,000
Price Per SF
$1,068

This property was sold for $1,460,000 on 05/12/21.

Listing Features

  • Abundant Closets
  • Corner Apartment
  • Entry Foyer
  • French Doors
  • Hardwood Floors
  • Library / Den
  • Live/Work
  • Solid Wood Doors
  • Split Bedrooms
  • Walk-in Closet
  • Washer / Dryer
  • Thermopane Windows
  • Dishwasher
  • Eat-in Kitchen
  • Microwave
  • S Steel Appliances
  • Walk Thru Kitchen
  • Windowed Kitchen
  • En Suite Bathroom
  • Marble Bathroom
  • Powder Room
  • Soaking Tub

Outdoor space and views

  • Partial City
  • Partial River
  • East Exposure
  • South Exposure

Building Amenities

  • Full-Time Doorman
  • Bike Storage
  • Elevator
  • FIOS
  • Fitness Facility
  • Garage
  • Laundry Per Floor
  • Renovated Lobby
  • Storage

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 401 East 89th Street, 17-F

PRICE REDUCED TO SELL

GREAT FIXER-UPPER - TOP COND-OP - "CONDO LIKE RULES" - NO BOARD INTERVIEW - INVESTOR FRIENDLY - LIBERAL SUBLET POLICY - NO FLIP TAX - LOW MAINTENANCE $2,833 (Includes R.E Taxes) -BUILDING OWNS THE LAND & STRONG FINANCIALS

Needs TLC! A great opportunity to own this sun-drenched, cheerful home on the 17th floor of Gracie Towne House. This all South facing home includes 2 over-sized bedrooms and true converted 3rd bedroom (with 2 exposures and windows, ac/heat unit and closet) for a home office/den or nursery. Each room has direct South facing views & corner windows to the East with a peek of the River! 17F has excellent benefits such as: a spacious flowing layout, huge, split bedrooms, a master en-suite bath, & "junior-sized" 4th bedroom /den/office (which can be easily restored back to the "original" spacious 3 bedroom plan). Need closets? Get ready to drool over these!

Inspire your Inner-Chef in the large, windowed EAT-IN KITCHEN. There are 2 full marble baths, plus a Powder Room (currently used as a Laundry Room with WASHER/DRYER).

A well-designed layout, sunshine all day, with endless possibilities, and Low Maintenance (R.E. Taxes Included) makes 17F a Winner!

Gracie Towne House is a supremely well-run, full service, Postwar "COND-OP" (a hybrid of Condominium/Co-operative ownership) which provides "flexible rules" Condominiums offer, and NO BOARD INTERVIEW. Under certain circumstances shareholders can convert Co-Op shares to Condominium ownership by paying off their prorate share of the building's underlying mortgage. The building owns the land, and there is No Flip Tax! This special building provides 24-hour Doorman services, Handyman/Porter, and a top live-in building Resident Manager. Additional amenities: new fitness room, laundry room on each floor, bicycle room, storage bins for rent (when available), on-site valet garage, and each home is equipped with Central AC/heat. The building permits subletting from day one, pieds a terre, guarantors, investors, and pets are welcome. Gracie Towne House is wired for cable & internet with Verizon FiOS, Spectrum, & RCN.

This excellent location is near the beautiful, famous Carl Schurz Park, & Asphalt Green with Olympic-size pool, It also provides Upper East Side schools, museums, running & bike paths along the East River Esplanade, 92nd Street Y, and nearby is the historical Mayoral Home Gracie Mansion. Recent additions to the neighborhood include Fairway Market Place, Whole Foods, Yoga Studios, and Club Pilates right down the block to name a few! The building is accessible to all major transportation with the new Second Avenue Q Subway to create an entirely new dynamic for this location! All major bus lines include the M86 Cross-town, M31 to East & West 57th Street, and Mario's Transportation-a convenient private Van Service with "low priced shares" to Wall Street. Video Clip Shows Staged, Actual Photos are side by side of Staged Photos!

Listing History for 401 East 89th Street, 17-F

Now
05/18/2021
$1,460,000
Sold and Closed by Randi Ellen Good
Brown Harris Stevens Residential Sales LLC
02/14/2021
Contract Signed by Randi Ellen Good
Brown Harris Stevens Residential Sales LLC

Building Details for 401 East 89th Street

OwnershipCondop
Building TypeMid-Rise
Service LevelFull-Time Doorman
AgePost-War
AccessElevator
Year Built1963
Financing Allowed80%
Floors/Apts19/194
Learn More About the Building

Transit and Citi Bike

Subway

86 St
0.23 miles
96 St
0.38 miles
86 St
0.42 miles

Citi Bike

E 88 St & 1 Ave
0.07 miles
E 89 St & York Ave
0.1 miles

Ferry

East 90th St
0.3 miles

Contact Agent

Contact Agent

Randi Ellen Good
Brown Harris Stevens

Upper East Side | Manhattan

Quick Profile

Exuding a cosmopolitan, refined air that is reminiscent of Paris or other European cities, the Upper East Side (the UES, to local cognoscenti) has a reputation as being a bastion of wealth and privilege. Even though it was built by American “royalty” families like the Vanderbilts, Roosevelts, Kennedys, Carnegies and Rockefellers, whose elaborate mansions once anchored Fifth Avenue, there are affordable housing options throughout the neighborhood. The further east you move, away from Central Park and the more commercial avenues, the more likely you are to find quiet, tree-lined streets with historic townhouses and brownstones. Keep your eye out for reasonably priced apartments in pre-war low-rise and even a few high-rise buildings.

With abundant, beautifully landscaped green spaces, including the oasis of Central Park acting like a backyard, the area is quiet and lushly green. You can relax and unwind in John Jay Park, Carl Schurz Park or take a stroll along the East River Promenade. The whole neighborhood seems isolated from the workaday chaos of the city at large. Add to that the history of the neighborhood and the abundance of cultural institutions, and you have a uniquely welcoming neighborhood.

Known for its abundance of high-end retail shopping, especially on Madison Avenue, the Upper East Side is host to the Barneys New York flagship department store. Here you can find upscale goods, fashion and home decor items. You will also find the edgy runway-inspired Alexander McQueen collections. If you are dying to treat your feet to red-soled opulence, be sure to visit the Christian Louboutin boutique. These are only a small sampling of this high-end shopper’s paradise that features everything from designer boutiques that offer the ultimate in haute couture to resale shops where you can find last season’s best on sale at hefty discounts .

There are many unique dining experiences, from fine dining to the casual bite-on-the-go, awaiting you in the UES. Sushi is going through a renaissance in the city, and the best omakase-style sushi can be found at Sasabune on E 73rd Street. Omakase sushi means that you leave the choice of ingredients, preparation method and presentation to the chef. Elegant French cuisine can be experienced at JoJo, E 64th Street, housed in gorgeous townhouse. Just for fun, visit the Lexington Candy Shop on Lexington Avenue, to get a taste of an old-fashioned soda fountain.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 1748398