NOT LISTED FOR SALE

Estimated Value: $1,315,000 - $1,677,000

3 Beds
3.5 Baths
-- Sq Ft
1960 Built

Sale Details

Date Sold: January 23, 2024

Last sale price $1,600,000

Est. 6% decrease in value since last sale

Current estimated payment $15,322 / mo

73 Days on Market

Highlights

  • Indoor Pool
  • Green Building
  • Game Room
  • P.S. 151 Yorkville Community School Rated A
  • Park or Greenbelt View
  • 2-minute walk to Carl Schurz Park

About This Home

As of January 2024

The E line Residence is typically an enormous classic seven room home, apartment 4E was redesigned into a stunning and gracious six room home, with 3 oversized bedrooms and 3 baths + a guest powder room. Featuring park views, spectacular sunlight , in move-in condition and has your own outdoor space, a balcony. There are dramatic entertaining rooms, an enormous 33 ft living room with a park facing balcony, an 18 ft dining room that opens to, a massive one of a kind, professional grade kitchen. This spectacular home also has a rarely found, separate bedroom wing. Sunlight streams in each and every room through new picture windows. With thru-wall combined AC/HEAT units and the Washer and Dryer is conveniently located right next to the apartment, off the service entrance.

The welcoming foyer has a perfectly placed built-in console, a guest powder room and a walk in coat closet. Then the real drama begins, with a magnificent 33-foot living room. This grand living space is enhanced by the Carl Schurz Park's greenery which fills the panoramic New windows and door leading to the charming balcony. The west facing 18-foot dining room with views over the newly planted gardens, is large enough to easily be a dining space and a relaxing area. The open breakfast bar allows for a continuous flow of conversations while cooking. The kitchen is in a class by itself, the original layout was enhanced by adding the staff room to the kitchen. This massive gourmet kitchen has sprawling counter space, endless cabinetry, a large separate pantry and two windows. The appliances include: Viking Double wall ovens, Thermador 5-burner gas cooktop, 36" Broan exhaust hood, 42" Sub-zero refrigerator, Miele dishwasher, and a 34" wide under mount sink.

On the other side of the residence is the bedroom wing, which has an entry hall to all three bedrooms. The second and third bedrooms overlook the beautifully landscaped gardens. Both Filled with sun light, generous room dimensions and double sized closets. These two bedrooms share a full renovated bath. Also off the bedroom wing hall is the primary suite, it is immense and faces east to Carl Schurz Park with mesmerizing views of the Park. This serene oasis features a wall of closets including a large walk-in that would satisfy anyone's closet's requirements. An en-suite marble bath completes this picture perfect suite.

Gracie Towers is situated on Eighty-Eighth Street and East End Avenue. Built in 1960, and established as a Cooperative in 1968. Entering the building there is a circular driveway with a Marquee awning , a stunning new lobby with soaring ceilings, gorgeous stone floors and concierge desk with a sculptured screen. There is a floor to ceiling glass wall with views to the newly landscaped gardens. The amenities are truly in a class by themselves. The impeccable staff services include: doorman, concierge, porters and a resident manager. The most renown amenity is the newly built heated rooftop swimming pool and sundeck, surrounded by breathtaking views of the east river, park, and skyline. There is also a solarium club room on this level. Additional amenities include: state of the art fitness center, library/lounge, and a community/play room. Laundry facilities are located on every floor as well as a full laundry room downstairs. There is a bicycle room, storage, and easy access to the garage. One can enter and exit the on-site Garage through the building. The garage offers a reduced rate for shareholders starting at $300 per month. Pets are welcome. 50 % Financing is permitted. There is a separate monthly charge for electric and gas, as the building bulk meters. There is a Sellers 2% Flip tax. The monthly charge for utilities (electric/gas) is $498 per month as the bulding bulk meters.

Gracie Towers has undergone an enormous modernization that includes, comprehensive local law 11 brick work, new boilers, chillers, cogeneration equipment, new elevators, new roof deck. Very few buildings of this era have had this level of brand new infrastructure, a redone exterior, and a complete new design of all the public spaces including the lobby, the gardens, the elevators and all the landings. New owners will be spared the cost and inconvenience of all these improvements. The lobby is perhaps one of the most dramatic entrances on the avenue as well as the drive way and the marquee.

Gracie Towers offers a unique lifestyle that is only enhanced by its extraordinary location. Across the street from Carl Schurz Park, a 15-acre park and the historic Gracie Mansion built in 1924. This picturesque park offers the neighborhood's most enjoyable lifestyle. Enjoy the nine mile east river promenade and the park's gorgeous greenery with landscaped flower beds. View the memorizing river and the gardens from a multitude of scenic seating areas. There are even amenities for our canine friends, with two dog runs. The recent renovation of the playground must be visited, the Basketball courts also serve as a play field for a multitude of sports. And a new Pickleball court is currently being built. There are amazing park programs: summer concert and film series, art show, fall harvest festival, earth day and a Halloween event. The strong park community offers something for everyone. The neighborhood has all the services one would want, including Asphalt Green. There are gourmet shops and a wide variety of restaurants to choose from. As for transportation, crosstown and avenue bus services, subway lines: Q,4,5,6. And Ferry Service: take a ferry to work from the 90th street embankment with stops at 34th street, 23rd street and Wall Street and connecting ferries to Williamsburg, Dumbo, Rockaways, Long Island City, Governors Island and several other wonderful locations.

Last Agent to Sell the Property

Amy Katcher

Corcoran Group License #30KA0478833 Listed on: 05/19/2023

Corcoran Group

Last Buyer's Agent

Amy Katcher

Corcoran Group License #30KA0478833 Listed on: 05/19/2023

Corcoran Group

Property Details

Home Type

  • Co-Op

Year Built

  • Built in 1960

HOA Fees

  • $5,611 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Entry on the 4th floor

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Washer Dryer Allowed
  • Washer and Dryer Hookup

Eco-Friendly Details

  • Green Building
  • Smoke Free Home

Outdoor Features

  • Indoor Pool
  • Balcony

Additional Features

  • Park or Greenbelt Views
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 0023 / 01585

Community Details

Overview

  • 154 Units
  • High-Rise Community
  • Gracie Towers Condos
  • Yorkville Subdivision
  • 21-Story Property

Amenities

  • Game Room

Property Details

Home Type

Co-Op

Year Built

Built in 1960

Lot Details

0 Sq Ft Lot

HOA Fees

$5,611 per month

Listing Details

  • Exposures: East,North,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Yorkville
  • Entry Level: 4
  • Structure Type: High Rise
  • Pets No Pets Comments: Pets Allowed (2),Building Pets Allowed Comments:Pets Allowed (2)
  • Special Features: None
  • Property Sub Type: Coop
  • Stories: 21

Interior Features

  • Interior Features: Smoke Free
  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathrooms Integer: 4
  • Bedrooms: 3

Exterior Features

  • View: Park/Greenbelt
  • View: Yes
  • Exterior Features: Balcony
  • Patio/Porch Features: None, Balcony

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Building Other
  • Green Building Features: Game Room, Green Building, Indoor Pool
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 5611.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Stock Cooperative

Building Info

  • New Construction: No
  • Building Name: GRACIE TOWERS
  • Units: 154
  • Total Stories: 21
  • Year Built: 1960

Rental Info

  • Land Lease: No

Tax Info

  • Tax Block: 01585
  • Tax Lot: 0023

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2023
Closed on
Jan 12, 2024
Sold by
Bought by
Seller's Agent
Amy Katcher
Corcoran Group
Buyer's Agent
Amy Katcher
Corcoran Group
List Price
$1,695,000
Sold Price
$1,600,000
Premium/Discount to List
-$95,000
-5.6%
Views
42
Current Estimated Value
$1,496,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$104,000
Avg. Annual Appreciation
-2.62%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,600,000 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/23/2024 01/23/24 Sold $1,600,000 -5.6% --
10/03/2023 10/03/23 For Sale $1,695,000 0.0% --
08/01/2023 08/01/23 Pending -- -- --
05/19/2023 05/19/23 For Sale $1,695,000 -- --
Source: Real Estate Board of New York (REBNY)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 -- --
2025 -- --
2024 -- $0 $0 $0
2023 $0 $0 $0 $0
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $4,465,091 $38,785,950 $7,200,000 $31,585,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10928812

Real Estate Board of New York (REBNY)

APN: 01585-00234E

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