Gracie Towne House

401 East 89th Street, 17F

Upper East Side   |   First Avenue & York Avenue

Condop [Full-Time Doorman]
$ 1,535,000
Rooms 6
Bedrooms 3
Bathrooms 2.5
Status Active
Maintenance [Monthly] $ 2,754
Financing Allowed 80%
Listing ID: 1748398

Property Description



COND-OP with "CONDO LIKE RULES" - NO BOARD INTERVIEW - INVESTOR FRIENDLY - LIBERAL SUBLET POLICY - NO FLIP TAX - LOW MAINTENANCE $2,754 (Includes R.E Taxes)

Needs TLC and worth it! Make this Convertible 3 Bedroom home into a Masterpiece! Brand New Thermopane Windows just Installed throughout each room. This all South Facing home on the 17th floor includes 3 Bedrooms /2.5 Bath (currently configured as a 4 bedroom), & 2 corner windows face East with a peak of River views! This ultra-quiet residence is enveloped in Sunshine all day with open city views throughout each room. 17F has excellent benefits such as: a spacious flowing layout, generous-sized, desirable SPLIT BEDROOMS, a master marble en-suite bath, 3rd bedroom, (see current floor-plan) & "junior-sized" 4th bedroom, den or office (which can be easily restored back to the "original" spacious 3 bedroom plan). This home boasts impressive CLOSET SPACE throughout each room.

Inspire your Inner-Chef in this large, windowed EAT-IN KITCHEN with granite counter-tops, wood cabinetry, and GE stainless appliances. There are 2 full marble baths, plus a Powder Room (currently used as a Laundry Room with WASHER/DRYER).

A well-designed layout, sunshine all day, with endless possibilities, and LOW MAINTENANCE (R.E. Taxes Included) makes 17F a Winner!

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. The building owns the land, and there is No Flip Tax! This special building provides 24-hour Doorman services, Handyman/Porter, and live-in building Resident Manager. Additional amenities: new fitness room, new 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, & Asphalt Green with Olympic-size pool, It also provides Upper East Side schools, museums, running & 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 Club Pilates right down the block to name a few! The building is accessible to all major transportation with the new Second Avenue Q Subway 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.


COND-OP with "CONDO LIKE RULES" - NO BOARD INTERVIEW - INVESTOR FRIENDLY - LIBERAL SUBLET POLICY - NO FLIP TAX - LOW MAINTENANCE $2,754 (Includes R.E Taxes)

Needs TLC and worth it! Make this Convertible 3 Bedroom home into a Masterpiece! Brand New Thermopane Windows just Installed throughout each room. This all South Facing home on the 17th floor includes 3 Bedrooms /2.5 Bath (currently configured as a 4 bedroom), & 2 corner windows face East with a peak of River views! This ultra-quiet residence is enveloped in Sunshine all day with open city views throughout each room. 17F has excellent benefits such as: a spacious flowing layout, generous-sized, desirable SPLIT BEDROOMS, a master marble en-suite bath, 3rd bedroom, (see current floor-plan) & "junior-sized" 4th bedroom, den or office (which can be easily restored back to the "original" spacious 3 bedroom plan). This home boasts impressive CLOSET SPACE throughout each room.

Inspire your Inner-Chef in this large, windowed EAT-IN KITCHEN with granite counter-tops, wood cabinetry, and GE stainless appliances. There are 2 full marble baths, plus a Powder Room (currently used as a Laundry Room with WASHER/DRYER).

A well-designed layout, sunshine all day, with endless possibilities, and LOW MAINTENANCE (R.E. Taxes Included) makes 17F a Winner!

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. The building owns the land, and there is No Flip Tax! This special building provides 24-hour Doorman services, Handyman/Porter, and live-in building Resident Manager. Additional amenities: new fitness room, new 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, & Asphalt Green with Olympic-size pool, It also provides Upper East Side schools, museums, running & 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 Club Pilates right down the block to name a few! The building is accessible to all major transportation with the new Second Avenue Q Subway 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.

Listing Courtesy of Halstead dba Brown Harris Stevens Residential Sales LLC

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Apartment Features

A/C
Washer / Dryer
Washer / Dryer Hookups
401 East 89th Street Upper East Side New York NY 10128

Building Details [401 East 89th Street]

Ownership Condop
Service Level Full-Time Doorman
Access Elevator
Pet Policy Pets Allowed
Block/Lot 1569/7502
Building Type Mid-Rise
Age Post-War
Year Built 1963
Floors/Apts 19/194

Building Amenities

Bike Room
Fitness Facility
Garage
Laundry Rooms
Private Storage

Building Statistics

$ 1,008 APPSF

Active Sale Listings

$ 972 APPSF

Closed Sales Data [Last 12 Months]

Mortgage Calculator in [US Dollars]

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Loan Amount

Klara Madlin

License

Licensed Real Estate Broker


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