Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $565,000

· Sold at asking price · Closed July 30, 2019

SOLD: 401 E 89TH Street #12L
SOLD $565,000
Sold Condop

$565,000

$995 per sq ft

401 E 89TH Street #12L

Upper East Side, Manhattan

GRACIE TOWNE HOUSE

MLS® #RLS10546239

RLS at REBNY

Listing by Halstead dba Brown Harris Stevens Residential Sales LLC

Studio

1

Bath

568

Sq. Ft.

1963

Year Built

Sale Details

Sale Price $565,000
Original List Price $565,000
First Listed At $649,000
Close Date July 30, 2019
vs. Asking Sold at asking price

Property Summary

Bedrooms Studio
Bathrooms 1
Living Area 568 sq ft
Year Built 1963
Ownership Condop
Common Charges $957/mo
Neighborhood Upper East Side

Description

WOW! GREAT OPPORTUNITY! Cond-op with "Condo Like" Rules No Board Interview. On-line Application Process Super Low Maintenance: $957 (includes R.E. Taxes) Subletting Permitted, Investor Friendly Pets Welcome Fabulous Fixer Upper! Excellent Potential! Bring your Sunglasses and Architect along for a fantastic opportunity to own this sun-drenched, jumbo-sized alcove studio (which can easily be transformed into a Jr-1 bedroom). Only one of a kind in the building, this open & airy home on high floor is approx. 568 square feet, has a well-designed living space, surrounded by excellent wood flooring including separate alcove/or bedroom, 2 Central AC/Heat units, and boasts exceptional closet space. Residence 12L is ultra-quiet and (No Apartment Above this wing of the building) faces direct south, and has wide open city views. Transform this well proportioned, separate full-sized kitchen with dishwasher & excellent-sized full bath to perfection! Have it all with Space, Layout, Views, Sunshine all day, endless possibilities, and SUPER LOW $957 MAINTENANCE (R.E. Taxes included). Gracie Towne House is a supremely well-run, full service, postwar "Cond-Op" (a hybrid of Condominium/Co-operative ownership) which provides "flexible rules" Condominiums offer, No Board Interview, and simple on-line application process. Under certain circumstances shareholders can convert Co-Op shares to Condominium ownership by paying off their prorate share of the building's underlying mortgage. This special building owns the land, provides 24-hour Doorman services, Handyman/Porter, and live-in building Resident Manager. Additional amenities: fitness room, laundry room on each floor, bicycle room, storage bins for rent (when available), on-site valet garage, and each home is equipped with Central AC/Heat. The building permits Subletting, Pieds a terre, Guarantors, Investors, and Pets are welcome. Gracie Towne House is wired for cable & internet with Verizon FiOS, Spectrum, & RCN. This excellent location is near the beautiful, famous Carl Schurz Park, and Asphalt Green with Olympic-size pool. It also provides Upper East Side schools, museums, running and bike paths along the East River Esplanade, 92nd Street Y, and nearby is the historical Mayoral Home Gracie Mansion. Recent additions to the neighborhood include Fairway Market Place, Whole Foods, Pure Yoga, and Soul Cycle to name a few! The building is accessible to all major transportation with the new Second Avenue Q Train to create an entirely new dynamic for this location! 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.

Property Details

Type Condop
Ownership Condop
Total Rooms 3
Year Built 1963
Living Area 568 sq ft

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RLS at REBNY

Listing courtesy of Randi Good at Halstead dba Brown Harris Stevens Residential Sales LLC. 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. This 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.

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