
401 E 89th St, Unit 17F New York, NY 10128
Yorkville NeighborhoodEstimated Value: $1,454,000 - $1,638,687
Highlights
- Garage
- P.S. 151 Yorkville Community School Rated A
- 4-minute walk to DeKovats Playground
About This Home
As of January 2022PRICE REDUCED TO SELL
GREAT FIXER-UPPER - TOP COND-OP - "CONDO LIKE RULES" - NO BOARD INTERVIEW - INVESTOR FRIENDLY - LIBERAL SUBLET POLICY - NO FLIP TAX - LOW MAINTENANCE $2,833 (Includes R.E Taxes) -BUILDING OWNS THE LAND & STRONG FINANCIALS
Needs TLC! A great opportunity to own this sun-drenched, cheerful home on the 17th floor of Gracie Towne House. This all South facing home includes 2 over-sized bedrooms and true converted 3rd bedroom (with 2 exposures and windows, ac/heat unit and closet) for a home office/den or nursery. Each room has direct South facing views & corner windows to the East with a peek of the River! 17F has excellent benefits such as: a spacious flowing layout, huge, split bedrooms, a master en-suite bath, & "junior-sized" 4th bedroom /den/office (which can be easily restored back to the "original" spacious 3 bedroom plan). Need closets? Get ready to drool over these!
Inspire your Inner-Chef in the large, windowed EAT-IN KITCHEN. 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, and NO BOARD INTERVIEW. 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 a top live-in building Resident Manager. Additional amenities: new 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 from day one, 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, Yoga Studios, 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. Video Clip Shows Staged, Actual Photos are side by side of Staged Photos!
Last Listed By
Brown Harris Stevens Residential Sales LLC License #30GO0739979 Listed on: 02/03/2020

Property Details
Home Type
- Condo-Op
Est. Annual Taxes
- $17,523
Year Built
- Built in 1963
HOA Fees
- $2,833 Monthly HOA Fees
Parking
- Garage
Home Design
- 1,400 Sq Ft Home
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Dryer
- Washer
- Washer Dryer Allowed
Community Details
- 198 Units
- Gracie Towne House Condos
- Upper East Side Subdivision
- 19-Story Property
Listing and Financial Details
- Tax Block 01569
Ownership History
Purchase Details
Similar Homes in New York, NY
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Karlin Joshua | $1,460,000 | -- |
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | 401 East 89Th Street Owners Inc | $4,429,811 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
01/06/2022 01/06/22 | Sold | $1,495,000 | -15.8% | $1,068 / Sq Ft |
02/14/2021 02/14/21 | Pending | -- | -- | -- |
02/03/2020 02/03/20 | For Sale | $1,775,000 | -- | $1,268 / Sq Ft |
Tax History Compared to Growth
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 | $17,523 | $142,480 | $23,736 | $118,744 |
2023 | $13,796 | $138,642 | $23,736 | $114,906 |
2022 | $13,562 | $139,483 | $23,736 | $115,747 |
2021 | $15,047 | $125,121 | $23,736 | $101,385 |
2020 | $13,097 | $142,377 | $23,736 | $118,641 |
2019 | $12,395 | $143,956 | $23,736 | $120,220 |
2018 | $13,995 | $132,752 | $23,736 | $109,016 |
2017 | $12,989 | $118,707 | $23,736 | $94,971 |
2016 | $12,235 | $110,278 | $23,736 | $86,542 |
2015 | $8,029 | $101,606 | $23,736 | $77,870 |
2014 | $8,029 | $98,463 | $23,736 | $74,727 |
Agents Affiliated with this Home
-
R
Seller's Agent in 2022
Randi Ellen Good
Brown Harris Stevens Residential Sales LLC
(917) 628-8950
2 in this area
4 Total Sales
About This Building
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10605544

APN: 1569-1289
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