Gracie Towne House

401 East 89th Street, 8GH

Upper East Side   |   First Avenue & York Avenue

Price Drop
Condop [Full-Time Doorman]
$ 1,699,000 [ 5.51% | $ 99,000 ]
Rooms 6
Bedrooms 3
Bathrooms 3
Status Active
Maintenance [Monthly] $ 3,087
Financing Allowed 80%
Listing ID: 82037

Jason Bauer

License

Manager, Lic. Associate RE Broker

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Property Description

This special 3 bed home (in a Condop - condo/coop hybrid - building OWNS the land, not a land lease with an almost completely paid-off mortgage!) is impeccably renovated and rarely available, this sprawling 3 bed, 3 bath home offers incredible value on the Upper East Side's most coveted location. This mint-condition home includes luxurious upgrades such as 7-inch hand-scraped wood-plank floors, installation of numerous designer light fixtures and a new thermostat-controlled A/C and heating system. A elegant layout provides separation of the main living spaces: large chef's kitchen, spacious living room, and separate dining room are thoughtfully laid-out. Designed for entertaining, the kitchen is equipped with stainless steel appliances (including a refrigerator with built-in Keurig), white granite countertops, tiled backsplashes, custom cabinetry offering an abundance of storage, and a peninsula that creates a comfortable breakfast bar. Split bedroom wings lends privacy to all 3 rooms. And the master suite boasts a large bay window, three large custom closets, tasteful recessed lighting, and a beautifully renovated en-suite bath with a jetted bathtub. The secondary bedrooms feature double-closets, custom light fixtures, and share two additional renovated full bathrooms. Additional features include a stacked full-size Bosch washer-dryer, and crown and baseboard moldings. Gracie Towne House is a coveted Upper East Side Condop with no board interview required! Individual shareholders have the rare ability to convert their co-op shares into condo ownership. This full-service building provides a 24-hour doorman, a live-in resident manager, a building handyman, a porter, a new fitness room, additional laundry room on each floor, and a bike room. Additionally, the building offers storage cages and parking in an on-site garage. Pets welcome. The building allows sublets, pied-a-terres, co-purchasing, gifting, and guarantors. Ideally located, this home is surrounded by parks, schools, restaurants, and grocery stores. Nearby attractions include Carl Schurz Park, Asphalt Green Aquatic & Fitness Center, Mayorial Home Gracie Mansion, the East River Esplanade, Soul Cycle, Pure Yoga, 92nd Street Y, Fairway Market, and Whole Foods. Gracie Town House is nearby to Q, 4, 5, and 6 trains for easy transportation to anywhere in the city. A lobby and hallway renovation has been funded and approved. Strong financials with recently reduced maintenance
This special 3 bed home (in a Condop - condo/coop hybrid - building OWNS the land, not a land lease with an almost completely paid-off mortgage!) is impeccably renovated and rarely available, this sprawling 3 bed, 3 bath home offers incredible value on the Upper East Side's most coveted location. This mint-condition home includes luxurious upgrades such as 7-inch hand-scraped wood-plank floors, installation of numerous designer light fixtures and a new thermostat-controlled A/C and heating system. A elegant layout provides separation of the main living spaces: large chef's kitchen, spacious living room, and separate dining room are thoughtfully laid-out. Designed for entertaining, the kitchen is equipped with stainless steel appliances (including a refrigerator with built-in Keurig), white granite countertops, tiled backsplashes, custom cabinetry offering an abundance of storage, and a peninsula that creates a comfortable breakfast bar. Split bedroom wings lends privacy to all 3 rooms. And the master suite boasts a large bay window, three large custom closets, tasteful recessed lighting, and a beautifully renovated en-suite bath with a jetted bathtub. The secondary bedrooms feature double-closets, custom light fixtures, and share two additional renovated full bathrooms. Additional features include a stacked full-size Bosch washer-dryer, and crown and baseboard moldings. Gracie Towne House is a coveted Upper East Side Condop with no board interview required! Individual shareholders have the rare ability to convert their co-op shares into condo ownership. This full-service building provides a 24-hour doorman, a live-in resident manager, a building handyman, a porter, a new fitness room, additional laundry room on each floor, and a bike room. Additionally, the building offers storage cages and parking in an on-site garage. Pets welcome. The building allows sublets, pied-a-terres, co-purchasing, gifting, and guarantors. Ideally located, this home is surrounded by parks, schools, restaurants, and grocery stores. Nearby attractions include Carl Schurz Park, Asphalt Green Aquatic & Fitness Center, Mayorial Home Gracie Mansion, the East River Esplanade, Soul Cycle, Pure Yoga, 92nd Street Y, Fairway Market, and Whole Foods. Gracie Town House is nearby to Q, 4, 5, and 6 trains for easy transportation to anywhere in the city. A lobby and hallway renovation has been funded and approved. Strong financials with recently reduced maintenance

Listing Courtesy of The Corcoran Group

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Apartment Features

A/C [Central]
Washer / Dryer
401 East 89th Street Upper East Side New York NY 10128

Building Details [401 East 89th Street]

Ownership Condop
Service Level Full-Time Doorman
Access Elevator
Pet Policy Pets Allowed
Block/Lot 1569/7502
Building Type Mid-Rise
Age Post-War
Year Built 1963
Floors/Apts 19/194

Building Amenities

Bike Room
Fitness Facility
Garage
Laundry Rooms
Private Storage

Building Statistics

$ 1,043 APPSF

Closed Sales Data [Last 12 Months]

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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2021 REBNY Listing Service, Inc. All rights reserved. Additional building data provided by On-Line Residential [OLR].
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.