Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,274,999

· Closed August 15, 2018

401 E 89TH Street #2N
Closed For Sale Condop

$1,274,999

$1,151 per sq ft

401 E 89TH Street #2N

Upper East Side, Manhattan

GRACIE TOWNE HOUSE

MLS® #RLS10475930

RLS at REBNY

Listing by Halstead dba Brown Harris Stevens Residential Sales LLC

2

Bedrooms

2

Baths

1,108

Sq. Ft.

1963

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,108 sq ft
Year Built 1963
Ownership Condop
HOA/Common Charges $1,595/mo
Parking Garage
Neighborhood Upper East Side

Property Highlights

  • Exposure: South,West facing
  • Parking: Private garage

Property Details

Type Condop
Ownership Condop
Total Rooms 4
Baths null Full
Exposure South,West
Pets Yes
Cross Street 1 AVENUE and YORK AVENUE
Year Built 1963
Living Area 1,108 sq ft
Parking Garage Available

Listing History

Event Date Price Change
Listed Apr 20, 2018 $1,385,000 -
Price Reduced Jun 8, 2018 $1,324,999 -4.3%
Currently May 4, 2026 $1,274,999 -3.8%

Description



Get ready to move right into this immaculate, MINT 2 BEDROOM / 2 BATH Stunner with Approx. 1108 SQ FT, plus your own Private TERRACE to unwind or inspire your green thumb with direct South facing sunshine, and luscious tree-top views all day long! This most quiet, delightful home in pristine condition has been well designed & upgraded from the original plan. Some of the many upgrades included in this spacious, flowing layout are: new wood plank flooring, an enlarged 2nd bedroom, new Bosch WASHER & DRYER, newly installed Top Energy Efficient Windows, and custom CLOSET SPACE is beyond exceptional!

The windowed Eat-in-Kitchen includes Granite counter-tops, beige glossy cabinetry, white appliances, large-sized fridge, microwave, gas stove/oven & dishwasher. Also added to this special home is an additional en-suite "spa-like" full 2nd bath, with a separate glass shower in the King-Sized master bedroom. Other additions to this beauty includes brand new Central AC/Heat units, new wood doors, crown moldings, and more!

A rare opportunity to find a Mint 2 Bedroom / 2 Bath with LOW $1595 Monthly Maintenance (R.E. TAXES INCLUDED)

Gracie Towne House is a supremely well-run, full service, Postwar "COND-OP" (a hybrid of Condominium/Cooperative ownership) which provides "flexible rules" Condominiums offer, with NO BOARD INTERVIEW, and simple application on-line process. This special building provides 24-hour doorman services, handyman/porter, and a live-in building Resident Manager. The building permits subletting, pied-a-terre, & guarantors. The building owns the land, is investor friendly, and pets are welcome. Under certain circumstances shareholders can convert Co-Op shares to Condominium ownership by paying off their prorate share of the building's underlying mortgage.

Amenities: fitness room, laundry room on each floor, bicycle room, storage bins for rent (when available), on-site garage, and each home is equipped with Central AC. Gracie Towne House is wired for Cable & Internet with Verizon FiOS, Spectrum, & RCN.

This excellent location is near the famous Carl Schurz Park, Asphalt Green with Olympic size pool, 92nd Street Y, and The East River Esplanade. It also provides some of the finest Upper East Side schools, museums, running & bike paths along the East River, and nearby is the historical Mayoral Home Gracie Mansion. Recent additions to the neighborhood include Fairway Market Place, Whole Foods, Pure Yoga, Equinox, and Soul Cycle to name a few! The building is accessible to all major transportation including the new SECOND AVENUE Q TRAIN, 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.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Appliances

Dryer Washer

Building Information

Financial Details

Common Charges $1,595/mo
Original Price $1,385,000
Sale Price $1,274,999
Previous Price $1,324,999

The Upper East Side remains the gold standard for classic New York elegance. Known for 'Museum Mile' and its low-traffic, tree-lined streets, the neighborhood offers a refined lifestyle away from the midtown bustle. While famous for its historic cooperatives, the area has seen a recent surge in ultra-luxury new construction condos, particularly along the Second Avenue Subway corridor, making it a top choice for both traditionalists and modern buyers.

Upper East Side Live Market Data

View Neighborhood

Active Listings

338

Median Asking Price

$1.75M

Median $/Sqft

$1,536

Avg Days on Market

N/A

New This Week

22

Price Reduced

28%

Sold (30 Days)

36

Median Sale Price

$1.53M

Live data from RLS at REBNY • Updated 5/3/26, 10:29 PM EST

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Location

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401 E 89TH Street #2N, Upper East Side, New York County • Near 1 AVENUE and YORK AVENUE

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1959
Year Built
67 years old
1
Floors
C4-2A
Zoning District

Tax & Assessment

Assessed Value: $580,950
Land Value: $120,150
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 6,663 SF
Building Area: 2,223 SF
Built FAR: 0.33
Allowed FAR: 3

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $1,595 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 2 bedrooms and 2 full bathrooms.

The listed interior living area is 1,108 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1963, making it approximately 63 years old.

This listing is a condop, a hybrid structure where the building is legally a co-op but individual units are sold with greater flexibility, often including subletting rights similar to condos.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $1,274,999 for 1,108 sq ft, the asking price per square foot is approximately $1,151. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10475930
First Listed: 4/20/2018
Price Changed: 6/8/2018
Closed: 8/15/2018
Contract Date: 4/20/2018

Listing Courtesy of Halstead dba Brown Harris Stevens Residential Sales LLC - Randi Good

Listing Contact: (917) 628-8950

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/4/2026 at 2:29 AM UTC

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