Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $708,000

· Closed March 10, 2026

Closed For Sale Co-op

$708,000

525 E 89th Street #2L

Upper East Side, Manhattan

Gracie Gardens

MLS® #RLS11017710

RLS at REBNY

Listing by Compass

2

Bedrooms

1

Bath

N/A

Sq. Ft.

1942

Year Built

Quick Summary

Bedrooms 2
Bathrooms 1
Year Built 1942
Ownership Co-op
Maintenance $2,478/mo
Neighborhood Upper East Side
Floor 2 of 6

Property Highlights

  • Exposure: South facing
  • Climate Control: Other
  • Character: Pre-war building (1942)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 4
Baths 1 Full
Floor 2 of 6
Exposure South
Cooling Other
Pets Yes, CatsOk, DogsOk
Year Built 1942
Structure Type MultiFamily
Flooring Hardwood
Furnished Unfurnished
Block/Lot 01586/0013

Listing History

Event Date Price Change
Listed Oct 24, 2024 $825,000 -
Price Reduced Mar 10, 2026 $725,000 -12.1%
Currently May 7, 2026 $708,000 -2.3%

Description

All open houses are by appointment only. Apartment 2L at 525 East 89th Street is a newly renovated two bedroom, one bath cooperative apartment on the Upper East Side near Carl Schurz Park. The foyer/living room/dining room is a massive space, open to the kitchen. The primary bedroom is large, with an enormous walk-in closet. A room off the living room could serve as a second bedroom or a home office. Every room in the home, including the kitchen and bathroom, has a window. South-facing windows frame lovely views of the trees along East 89th Street. The kitchen has all new appliances and cabinetry, and the bathroom has also been completely renovated. Gracie Gardens is a pet-friendly pre-war cooperative with four entrances. Each entrance has a full-time doorman and all four buildings share a beautifully landscaped private interior garden. The lobbies were upgraded recently. There is a laundry room as well as a bike room in the building. Living near Carl Schurz Park, Asphalt Green, the East 90th Street Ferry Landing, and the Q subway is convenient for leisure and transportation. Please note that this property has been virtually staged. The furnishings and décor shown are for illustrative purposes only.All showings are by appointment only. Please note that there is an additional assessment for capital improvements through the end of 2025 of 10% of monthly maintenance.

Features & Amenities

Interior Features

Walk In Closets Building Washer Dryer Install Allowed Common On Floor Common Area Flooring: Hardwood

Exterior Features

Building Garden

Building Amenities

Security Guard

Appliances

Dishwasher Gas Cooktop Gas Oven Refrigerator

Building Information

Building Gracie Gardens
Building Data View Compliance & Permits
Total Units 70
Stories 6
Structure MultiFamily

Financial Details

Maintenance $2,478/mo
Original Price $825,000
Sale Price $708,000
Previous Price $725,000

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

337

Median Asking Price

$1.79M

Median $/Sqft

$1,538

Avg Days on Market

N/A

New This Week

17

Price Reduced

29%

Sold (30 Days)

39

Median Sale Price

$1.58M

Live data from RLS at REBNY • Updated 5/7/26, 9:56 AM EST

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Location

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525 E 89th Street #2L, Upper East Side, New York County

Virtual Tour

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1942
Year Built
84 years old
6
Floors
70
Residential Units
R8B
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $6,922,350
Land Value: $1,201,500
Exemptions: $44,227

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

Lot Area: 19,948 SF
Building Area: 71,000 SF
Built FAR: 3.56
Allowed FAR: 4

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 monthly maintenance are $2,478 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $0, or roughly $0 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 1 full bathroom.

According to MLS records, the building was constructed in 1942, making it approximately 84 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

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

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: RLS11017710
First Listed: 10/24/2024
On Market: 10/24/2024
Price Changed: 3/10/2026
Closed: 3/10/2026
Contract Date: 10/18/2024

Listing Courtesy of Compass - Julie R Brannan

Listing Contact: (212) 729-7094

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 5/7/2026 at 1:56 PM UTC

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