$1,300,000
Updated 6 years ago
Off Market

Gracie Gardens

525 East 89th Street, 5-A

Upper East Side, Manhattan | York Ave & East End Ave

5.5 Rooms2 Beds2 Baths1,351 Square FeetCo-op

$1,300,000
Maintenance$2,881
Price Per SF
$962

Listing Features

  • Abundant Closets
  • Corner Apartment
  • Crown Moldings
  • Deco Fireplace
  • Dressing Area
  • Galley Kitchen
  • High Ceilings
  • Moldings
  • Original Details
  • Split Bedrooms
  • Wainscoting
  • Washer / Dryer
  • Dishwasher
  • Microwave
  • Windowed Kitchen
  • En Suite Bathroom
  • Stall Shower

Outdoor space and views

  • City Views
  • North Exposure
  • South Exposure
  • West Exposure

Building Amenities

  • Full-Time Doorman
  • Bike Storage
  • Elevator
  • Garden
  • Laundry Room
  • Playroom
  • Storage

Policies

  • Pets Allowed

Property Description for 525 East 89th Street, 5-A

Apartment 5A at 525 East 89th Street is a spacious 1,351 square foot 5.5 room home situated on a very quiet and leafy block in the Gracie Gardens complex. Situated on the 5th floor and windowed on 3 sides, apartment 5A has terrific light due to the low-rise (6 storied) configuration of the buildings. Upon entering, there are two closets off the entry vestibule leading to a very spacious gallery with yet another closet. The sunny south-facing Living Room measures over 12 x 22 feet and the room is anchored by a decorative fireplace. There are high 8’-9” ceilings and prewar details throughout. The windowed kitchen has GE appliances and there is a stackable Miele washer/dryer off the bedroom hallway. The south-facing primary Bedroom Suite has three closets and an en suite bathroom. The second Bedroom also has an en suite bathroom. Built in 1942 and designed by Sylvan Bien, 525 East 89th Street is one of two 6-story buildings which share a lovely central courtyard with its beautifully landscaped garden. The 2 buildings have 4 different addresses (515 and 525 East 89th; along with 520 and 530 East 90th) and comprise approximately 138 Units. The numerous amenities in this pet-friendly cooperative include: 24-hour Doorman, a live-in Resident Manager, Central Laundry Room, Bike Room, and Storage Room. The building allows 80% Financing, and pied-a-terre living is allowed. There is also a 2% Flip Tax paid by Seller. 525 East 89th Street is located between York and East End Avenues and is convenient to numerous neighborhood restaurants and services. The 86th Street cross-town bus stop is down the block on York and 90th and the entrance to the Q train is at 94th and Second Avenue. The immediate proximity to Carl Schurz Park (a true gem of a park) and the East River Promenade (stretching south to the 59th Street Bridge and north to Randall’s Island and beyond) are perhaps the most prominent standout features of the neighborhood. The security of being adjacent to Gracie Mansion is also a plus. What’s more, the Asphalt Green athletic complex, with its Olympic pool (one of only several 50-meter pools in Manhattan), training facilities, and huge soccer field is a huge draw for the neighborhood.

Listing History for 525 East 89th Street, 5-A

Now
01/21/2021
POM by Holly Hunt
Corcoran
2021

Building Details for 525 East 89th Street

OwnershipCo-op
Building TypeLow-Rise
Service LevelFull-Time Doorman
AgePre-War
AccessElevator
Year Built1940
Financing Allowed80%
Floors/Apts6/70
Learn More About the Building

Transit and Citi Bike

Subway

86 St
0.36 miles
96 St
0.47 miles

Citi Bike

E 89 St & York Ave
0.06 miles
East End Ave & E 86 St
0.17 miles

Ferry

East 90th St
0.14 miles

Contact Agents

Contact Agents

Holly Hunt
Corcoran

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: 588976