Upon reaching the 7th floor, with only one other unit on your floor, you are welcomed into 7W, an incredible classic 7 layout, featuring charming original details such as crown moldings, a working fireplace, and an elegant flow that evokes the feel of a house, within the convenience of a full-service building. The spacious living room offers picturesque park and water views, while the grand formal dining room, with its own window, seamlessly connects to the kitchen. The south-facing kitchen, bathed in natural light, presents the perfect backdrop for a custom renovation. Adjacent to the kitchen is a small hallway leading to a windowed room, originally staff quarters, or ideal for a home office-offering privacy for Zoom calls and complete with a full bathroom.
In the west wing, you'll find three oversized bedrooms, two full bathrooms, and multiple walk-in closets. The primary suite boasts corner exposures with framed views of the park, and an en-suite windowed bathroom. The two additional west-facing bedrooms are situated on either side of a windowed full-bathroom. This home also includes an in-unit washer and dryer, and allows pets with board approval.
While this residence is primed for renovation, it presents an incredible opportunity to create a customized home in a coveted Upper East Side building. The co-op permits up to 50% financing, has a 3% flip tax, and this home also includes storage.
A serene enclave, 1 Gracie Square is set along a quiet street with direct access to the East River Promenade and Carl Schurz Park as your front yard. Enjoy scenic waterfront walks, jogging paths, and charming benches overlooking the river. With the best of the Upper East Side at your doorstep, the 86th Street/Second Avenue Q train provides quick access to the rest of the city.
1 Gracie Sq requires a minimum of 50% down.
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.