389 E 89: The Upper East Side's Best-Selling Condo Nears Sellout, See Remaining Listings and New Photos

(All photos via Corcoran)

Wednesday, Nov 28, 2018 By Michelle Merritt

Between its sleek design by Paris Forino, lavish amenties, and prime Yorkville location near the Second Avenue subway, 389 E. 89 has attracted considerable attention and success. As we reported in August, the 33-floor conversion project is one of the best-selling new developments on the Upper East Side.

More recently, Magnum Real Estate Group announced the building is 90% sold and has closed the most condo units on the Upper East Side in 2018. This is largely due to the 156-unit building offering the largest number of condos for sale in the neighborhood .

“This is an elevated living experience offered at an approachable price point.” – Ben Shaoul, President, Magnum Real Estate Group

All apartments are available for immediate occupancy and boast interiors by Paris Forino, custom finishes, and multiple exposures that fill the homes with incredible natural light and sweeping river and skyline views. The kitchens come outfitted with Italian cabinetry and Miele appliances. Additional features include marble master baths, excellent closet space, and in-unit vented washer/dryer.

Of the few remaining availabilities, one-bedrooms start at $1.2 million, two-bedrooms start at $2.095 million, and a three-bedroom is listed for $2.995 million. A two-bedroom penthouse with two private terraces is also on the market for $4.485 million. At an average price of $2,029 per square foot, 389 E. 89 comes in well above the Yorkville median condo price of $1,617 per square foot (per CityRealty listings). Moreover, CityRealty data shows that its average closing price of $1,618 per square foot is above the Yorkville average of $1,538 per square foot.

Residents have access to an attended lobby, lounge, children’s playroom, fitness center, landscaped terrace with a grill, and roof deck with 360-degree views.

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Common Outdoor Terrace Replete w/ a Grill

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“This is an elevated living experience offered at an approachable price point.” – Ben Shaoul, President, Magnum Real Estate Group

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389 E 89: The Upper East Side's Best-Selling Condo Nears Sellout, See Remaining Listings and New Photos

“This is an elevated living experience offered at an approachable price point.” – Ben Shaoul, President, Magnum Real Estate Group

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Select which properties are of interest to you:

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Above the Crowd: NYC apartments with skyline views as observation deck boom reaches new heights

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Price Cuts: "Big" screenwriter's Cobble Hill townhouse trimmed by $900K; Lantern House junior penthouse drops below $10M

Paul Newman's parkside office sells 47% over ask; Pre-war condo conversions lead Manhattan sales

NYC contracts led by $18.5M Upper East Side mansion and a bespoke Billionaires' Row condo