NOT LISTED FOR SALE

Estimated Value: $1,454,000 - $1,638,687

3 Beds
2.5 Baths
1,400 Sq Ft
$1,120/Sq Ft Est. Value

Last Sold January 06, 2022

Last sale price $1,495,000 $1,068 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $13,095/month

377 Days on Market

Highlights

  • Garage
  • P.S. 151 Yorkville Community School Rated A
  • 4-minute walk to DeKovats Playground

About This Home

As of January 2022

PRICE 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

Randi Ellen Good

Brown Harris Stevens Residential Sales LLC License #30GO0739979 Listed on: 02/03/2020

Brown Harris Stevens Residential Sales LLC

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

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$17,523

Year Built

Built in 1963

Lot Details

0

HOA Fees

$2,833 per month

Listing Details

  • Cross Street: 1 AVENUE and YORK AVENUE
  • Exposures: East,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Upper East Side
  • Entry Level: 19
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Coop
  • Stories: 19

Interior Features

  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Living Area: 1400.0
  • Living Area Units: Square Feet
  • Rooms (Total): 6

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Integer: 3
  • Bedrooms: 3

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 2833.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condop
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: GRACIE TOWNE HOUSE
  • Units: 198
  • Total Stories: 19
  • Year Built: 1963

Tax Info

  • Tax Block: 01569

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 12, 2021
Sold by
Xu Pin Xian
Bought by
Karlin Joshua and Karlin Michelle
Total Days on Market
377
Current Estimated Value
$1,567,922
Source: Public Records

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Range of Values:

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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
Karlin Joshua $1,460,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 401 East 89Th Street Owners Inc $4,429,811
Source: Public Records

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
Source: Real Estate Board of New York (REBNY)

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 $17,523 $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
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10605544

Real Estate Board of New York (REBNY)

APN: 1569-1289