NOT LISTED FOR SALE

Estimated Value: $1,576,000 - $1,626,000

3 Beds
3 Baths
1,400 Sq Ft
$1,146/Sq Ft Est. Value

Last Sold July 27, 2017

Last sale price $1,670,000 $1,193 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $10,487/month

About This Home

As of July 2017

IN CONTRACT! Excellent opportunity to rent one of the best three bedrooms in the building! All rooms in this stunning, newly Gut Renovated high floor beauty face direct to the South with sun-drenched open City views, and a peek of the River to the East.

With sunshine flowing throughout each room, 16F has a most cheerful atmosphere surrounded by all new Brazilian Cherry hardwood plank flooring & affords great benefits such as: two oversized, split bedroom layout, well-proportioned living/dining, and a third sunny bedroom or home office/study. You will be impressed with great custom closet space, including an over-sized, walk-in closet most city dwellers can only dream of.

Additionally and convenient are motorized Solar-styled window treatments throughout, and excellent brand-new Central AC/heat units in each room.

Inspire your "inner-chef" while gathering together in this generous-sized, windowed open and sunny kitchen, with an open breakfast bar tastefully renovated in Glossy white cabinetry, Quartz counter-tops, professional grade LG and Bosch Stainless Steel appliances which includes Dishwasher, Range/Stove, Microwave and an LG InstaView French Door " knock to see through" front door fridge!

There are 2.5 full natural stone baths with Porcelain flooring (which includes a desirable Powder room convenient for your guests), and best of all, your own large 4.5 cu. ft. capacity Washer and 7.4.cu ft. Dryer, by Whirlpool.

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 on-line application process. This special building provides exceptional services with a full time friendly staff including a 24-hour Doorman, Handyman/Porters, and a top live-in building Resident Manager.

Additional amenities: fitness room, playroom, laundry on each floor, bike room, storage bins for rent (when available), on-site Valet garage, and each home is equipped with Central AC/heat. The building permits subletting, pied-a-terre, guarantors, investors, and pets are permitted. 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 and tons of activities. 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, and Club Pilates 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 Crosstown, M31 to East & West 57th Street, Mario's Transportation (a convenient private Van Service with "low priced shares" to Wall Street) and ride The East River Ferry at East 90th Street direct to 34th Street & Wall Street.

Available Now

Non-smokers

Condominium Lease

Condominium Application (building application fees apply)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2017
Sold by
401 East 89Th Street Owners Inc
Bought by
Newmark Jenna
Current Estimated Value
$1,604,637

Purchase Details

Listed on
Jun 2, 2017
Closed on
Jul 26, 2017
Sold by
Schechner Danielle and Schechner Jason
Bought by
Newmark Jenna
Seller's Agent
Randi Ellen Good
Brown Harris Stevens Residential Sales LLC
List Price
$1,595,000
Sold Price
$1,670,000
Premium/Discount to List
$75,000
4.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.62%
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Date Buyer Sale Price Title Company
Newmark Jenna -- --
Newmark Jenna $1,670,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2021 05/10/21 Rented -- -- --
02/05/2021 02/05/21 For Rent $6,500 0.0% --
07/27/2017 07/27/17 Sold $1,670,000 +4.7% $1,193 / Sq Ft
06/27/2017 06/27/17 Pending -- -- --
06/02/2017 06/02/17 For Sale $1,595,000 -- $1,139 / Sq Ft

Tax History Compared to Growth

Source: Public Records

Tax History

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
2024 $17,752 $141,994 $23,656 $118,338
2023 $13,983 $138,168 $23,656 $114,512
2022 $13,755 $139,006 $23,656 $115,350
2021 $15,296 $124,694 $23,656 $101,038
2020 $13,292 $141,890 $23,656 $118,234
2019 $12,594 $143,464 $23,656 $119,808
2018 $14,242 $132,299 $23,656 $108,643
2017 $13,163 $118,301 $23,656 $94,645
2016 $12,497 $109,901 $23,656 $86,245
2015 $6,601 $101,259 $23,656 $77,603
2014 $6,601 $98,126 $23,656 $74,470
Source: Public Records

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