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Gracie Gardens, 525 East 89th Street, #5K

$995,000 ($765 per ft2) -7.4% | 2 beds, 2 baths | Approx. 1,300 ft2
219 days on Market

Key Details

  • Listed: Jun 23, 2022
    Last Price Change: -7.4% ($80,000) on Jul 13
    Days on Market: 219
    Building Type: Cooperative
    Neighborhood: Yorkville (Manhattan)
    Doorman: FT Doorman
    Listing viewed 222 times
Monthly Maintenance: $3,146 ($2.42/ft2)
Total Taxes & Fees: $3,146 ($2.42/ft2)
Est. Monthly Mortgage: $4,648
Total Est. Monthly Carrying Cost: $7,794 ($6.00/ft2)
Note: the above is based on a down payment of 25% ($248,750), which is the minimum amount permitted by the building.

Description

Wonderful opportunity to create the home of your dreams at the highly coveted Gracie Gardens. This spacious two bedroom apartment has windows and light in every room. Enter through a beautiful entry foyer, with a winged layout featuring an eat-in kitchen and a separate dining area, west facing living room with tree top views, two spacious bedrooms one of which has a view of the river plus excellent storage space.

Bring your contractor and have your vision come to life! (Neighboring 1 bedroom apartment is also on the market available for purchase for a total of 4 bedrooms) Gracie Gardens is a beautiful co-op complex comprised of four 6-story buildings surrounding a beautiful interior garden. Built in 1942 the building is located on a quiet, tree-lined street between York and East End Avenue.

The building is a boutique co-op offering a 24-hour doorman, live-in superintendent, storage, bike room, central laundry room, and a lovely landscaped courtyard garden. The building is pet friendly and permits Pied-a-terres. Steps away from Carl Schurz Park, the Gracie Mansion and the East River Esplanade this neighborhood location is a wonderful place to call home.

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Listing Agent (Seller's Representative)

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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Listing provided courtesy of Brown Harris Stevens Residential Sales LLC