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Off market
  • $627,200

    401 E 89th St APT 12L, New York, NY 10128

    0beds
    1baths
    568sqft
    SingleFamily
    Built in 1963
    -- sqft lot
    $627,200 Zestimate®
    $1,104/sqft
    $4,240 Estimated rent

    Home value

    $627,200

    $577,000 - $677,000

    $4,240/mo

    Zestimate® history
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    Owner options

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    $4,240/mo

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    Rent Zestimate®

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    $4,774/mo

    Est. payment

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    $4,774/mo

    Est. payment

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    What's special

    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.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 0
    • Bathrooms: 1
    Cooling
    • Central
    Appliances
    • Included: Dishwasher
    Interior area
    • Total interior livable area: 568 sqft

    Property

    Features
    • Has view: Yes
    • View description: City
    Details
    • Parcel number: 015691262

    Construction

    Type & style
    • Home type: SingleFamily
    Condition
    • Year built: 1963

    Community & HOA

    Community
    • Features: Fitness Center, On Site Laundry Available
    HOA
    • Has HOA: Yes
    • HOA fee: $957 monthly
    Location
    • Region: New York

    Financial & listing details

    • Price per square foot: $1,104/sqft
    • Tax assessed value: $146,808
    • Annual tax amount: $6,767

    Price history

    DateEventPrice
    8/5/2019Sold$565,000$995/sqft
    Source: Public Record Report a problem
    4/12/2019Pending sale$565,000$995/sqft
    Source: Halstead Real Estate #19001436 Report a problem
    2/27/2019Price change$565,000-5.7%$995/sqft
    Source: Halstead Real Estate #19001436 Report a problem
    1/13/2019Price change$599,000-4.2%$1,055/sqft
    Source: Halstead Property #19001436 Report a problem
    12/4/2018Price change$625,000-3.7%$1,100/sqft
    Source: Halstead Property #19001436 Report a problem
    11/1/2018Listed for sale$649,000$1,143/sqft
    Source: Halstead Property #19001436 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,767 +5.8%$66,064 +12.8%
    2024$6,394 +4.7%$58,559 +14.7%
    2023$6,105 $51,073 +2%
    2022-- $50,067 +11.5%
    2021-- $44,911 -12.1%
    2020-- $51,106 -1.1%
    2019$4,486 -11.8%$51,672 +8.4%
    2018$5,086 +7.3%$47,651 +11.8%
    2017$4,741 +5.3%$42,609 +7.6%
    2016$4,501 $39,583 +8.5%
    2015$4,501 +89.3%$36,471 +3.2%
    2014$2,377 $35,343 +9.2%
    2013-- $32,377 +2.5%
    2012-- $31,582 -12%
    2011-- $35,875 +22%
    2010-- $29,410 +0.9%
    2009-- $29,157
    Find assessor info on the county website

    Neighborhood: Upper East Side

    Nearby schools

    GreatSchools rating