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Gracie Gardens, 525 East 89th Street, #4HJ3J

$2,900,000 | 4 beds, 3.5 baths
View Full Building Profile  | 
107 days on Market

Key Details

  • Listed: Jan 12, 2024
    Days on Market: 107
    Building Type: Cooperative
    Neighborhood: Yorkville (Manhattan)
    Doorman: FT Doorman
Monthly Maintenance: $6,895
Est. Monthly Mortgage: $15,015
Total Est. Monthly Carrying Cost: $21,910
Note: the above is based on a down payment of 25% ($725,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Location: 525 East 89th Street, Yorkville
  • This property is conveniently located in the Yorkville neighborhood, near Carl Schurz Park, Asphalt Green, the East 90th Street Ferry Landing, and the Q subway. It's also close to FDR Drive, cross-town bus, Asphalt Green Recreation Center, Carl Schurz Park, and the East River.
  • Listing Details: $2,900,000 with Monthly Maintenance of $6,895
  • This cooperative building is listed for $2,900,000 with a monthly maintenance fee of $6,895. The building was built in 1942 and converted in 1981, featuring 68 apartments across 6 floors.
  • Unit Details: 4 Bedrooms, 3.5 Bathrooms
  • The property consists of two separate units offered together, a 3 bedroom/2.5 bath and a 1 bedroom/1 bath, with an interior stairwell for easy access between units. Each unit features an eat-in kitchen, dual pane windows, hardwood floors, and a peek at the East River.

Description

Welcome to this stunning co-operative at 525 E 89th Street, offering a rare opportunity to own a spacious 3 bedroom/2 1/2 bath home upstairs and a recently renovated 1 bedroom/1 bath home downstairs. While not combined, the two homes are being offered together, and there is an interior stairwell in the building, making it easy to get from one home to the other via stairs or the elevator. Together, this sunlit and expansive property boasts 4 bedrooms and 3 1/2 bathrooms, providing ample space for luxurious living.

Two storage cages in the building transfer with the apartments. There is a mortgage on the property at a 3% interest rate that can be assumed under the same conditions to the next shareholder. Both 4HJ and 3J feature dual pane windows, hardwood floors, a peek at the East River, and an eat-in kitchen. 3J was extensively renovated in 2016. Convenience is key with an in-unit LG washer/dryer in a dedicated laundry room, a bike room in the building, and a full-time doorman providing a high level of service.

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. Living near Carl Schurz Park, Asphalt Green, the East 90th Street Ferry Landing, and the Q subway is convenient for leisure and transportation.

All showings are by appointment only.

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Apartment Amenities

  • River View

Listing Agent (Seller's Representative)

Listing courtesy of Compass

Pricing History

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About Gracie Gardens, 525 East 89th Street

69

Gracie Gardens, 525 East 89th Street has received a CityRealty Rating of 69, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

23
Out of 44
+
25
Out of 36
+
13
Out of 39
+
8
=
69
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Distinguished 6 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
Yes and Good 2 out of 3 points
Skyline:
Exists 1 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Allowed and Present 0 out of 2 points
Free Standing:
No 0 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
Attractive 2 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Attractive / Pleasant 3 out of 5 points
Distance To Neighborhood Center:
Less than 20 blocks 4 out of 5 points
Views:
Open 2 out of 4 points
Neighborhood Ambience:
Attractive 2 out of 3 points
Traffic Noise:
Very Little 3 out of 3 points
Protected Views:
Only Top Floors 1 out of 2 points
Distance To Subway:
More than 5 Short Blocks 0 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
3-5 Short Blocks 1 out of 2 points
Distance To Park:
Less Than 3 Short Blocks 2 out of 2 points
Distance To Water:
Less than 3 Short Blocks 2 out of 2 points
Shopping:
6-10 Short Blocks 1 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Quite Stylish 3 out of 5 points
Units Per Floor:
10-15 1 out of 5 points
Ceiling:
8-9 Feet 1 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
Substantial 2 out of 2 points
Storage Rooms:
None 0 out of 2 points
Bay Windows:
Some 1 out of 1 points
Fireplaces:
Some 1 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
None 0 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
Yes 1 out of 1 points
Unusual Layouts:
No 0 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Some 1 out of 2 points

Building Amenities

  • Conversion Year: 1981
  • FT Doorman
  • Pre War
  • Resident Storage
  • Garden
  • Elevator

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Pros
  • Doorman
  • Many bay windows
  • Some fireplaces
  • Canopied entrance
  • Sidewalk landscaping
  • Close to FDR Drive
  • Close to cross-town bus
  • Close to Asphalt Green Recreation Center
  • Close to Carl Schurz Park
  • Close to the East River
Cons
  • No garage
  • Several steps up entrance
  • No balconies
  • No roof deck
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