
13
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525 E 89th Street #2L
About This Property
Gracie Gardens is a pet-friendly pre-war cooperative with four entrances. Each entrance has a full-time doorman and all four buildings share a beautifully landscaped private interior garden. The lobbies were upgraded recently. There is a laundry room as well as a bike room in the building. Living near Carl Schurz Park, Asphalt Green, the East 90th Street Ferry Landing, and the Q subway is convenient for leisure and transportation.
Please note that this property has been virtually staged. The furnishings and decor shown are for illustrative purposes only.All showings are by appointment only. Please note that there is an additional assessment for capital improvements through the end of 2025 of 10% of monthly maintenance.
Listed By

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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Oct 18, 2024 | Listed by Compass | $825,000 | |
Listed by Compass | |||
Nov 2, 2023 | No longer available | - | |
No longer available | |||
Jun 30, 2023 | In contract | - | |
In contract | |||
May 3, 2023 | Price Decreased |
$795,000
↓ $30K
(3.6%) | |
Price Decreased | |||
Nov 9, 2022 | Listed by R New York | $825,000 | |
Listed by R New York |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
03/07/2024
|
2 Bed
|
2 Bath
|
-
|
$950,000
2 Bed
2 Bath
|
$935,000
-1.58%
09/24/2024
|
-
|
Nandini Nathani
Halstead Property, LLC
| |
11/09/2022
|
2 Bed
|
1 Bath
|
-
|
$825,000
2 Bed
1 Bath
|
-
-
|
-
|
Melissa Gordon
Charles Rutenberg, LLC
| |
10/05/2022
|
2 Bed
|
2 Bath
|
-
|
$925,000
2 Bed
2 Bath
|
$912,500
-1.35%
05/08/2023
|
Laurel Rosenbluth
Kleier Residential Inc
| ||
05/13/2022
|
2 Bed
|
2 Bath
|
-
|
$1,300,000
2 Bed
2 Bath
|
$999,000
-23.15%
11/25/2024
|
-
|
Duncan Lonsdale
The Corcoran Group
| |
10/29/2020
|
1 Bed
|
1 Bath
|
-
|
$525,000
1 Bed
1 Bath
|
$510,000
-2.86%
06/22/2021
|
Gail Bomze
Compass
| ||
08/31/2020
|
1 Bed
|
1 Bath
|
-
|
$675,000
1 Bed
1 Bath
|
$615,000
-8.89%
03/31/2021
|
Tita Omeze
Corcoran Group
| ||
10/07/2019
|
1 Bed
|
1 Bath
|
500 ft²
|
$550,000
1 Bed
1 Bath
500 ft²
|
$550,000
05/11/2020
|
Michael Shapot
Compass
| ||
05/07/2019
|
2 Bed
|
2 Bath
|
-
|
$1,295,000
2 Bed
2 Bath
|
$1,250,000
-3.47%
08/20/2019
|
Larissa Petrovic
Compass
| ||
11/08/2018
|
1 Bed
|
1 Bath
|
875 ft²
|
$720,000
1 Bed
1 Bath
875 ft²
|
$720,000
07/08/2019
|
CHRIS ZHOU
Mont Sky Real Estate LLC
| ||
04/05/2017
|
3 Bed
|
3 Bath
|
-
|
$1,995,000
3 Bed
3 Bath
|
$2,005,000
+0.50%
07/06/2017
|
Forbes Phillips
Brown Harris Stevens Residential Sales LLC
| ||
03/30/2017
|
1 Bed
|
1 Bath
|
-
|
$580,000
1 Bed
1 Bath
|
$580,000
08/23/2017
|
Judith Woodfin
Fox Residential Group, Inc.
| ||
06/06/2016
|
2 Bed
|
2 Bath
|
-
|
$899,000
2 Bed
2 Bath
|
$882,000
-1.89%
01/13/2017
|
Samantha Behringer
Douglas Elliman Real Estate
| ||
01/27/2016
|
3 Bed
|
2 Bath
|
-
|
$1,950,000
3 Bed
2 Bath
|
$1,950,000
05/10/2016
|
Louise Phillips Forbes
Halstead dba Brown Harris Stevens Residential Sales LLC
| ||
01/19/2015
|
4 Bed
|
2 Bath
|
1640 ft²
|
$1,695,000
4 Bed
2 Bath
1640 ft²
|
-
10/01/2015
|
Leonel Piraino
Elliman
| ||
05/29/2014
|
1 Bed
|
1 Bath
|
-
|
$485,000
1 Bed
1 Bath
|
$455,000
-6.19%
10/02/2014
|
Julie Brannan
Warburg Realty Partnership Ltd.
| ||
10/02/2012
|
1 Bed
|
1 Bath
|
-
|
$429,000
1 Bed
1 Bath
|
-
-
|
-
|
Mary Anne Fusco
Elliman
| |
09/26/2012
|
2 Bed
|
2 Bath
|
1300 ft²
|
$1,195,000
2 Bed
2 Bath
1300 ft²
|
$1,175,000
-1.67%
09/25/2013
|
Kim Shepard
Elliman
| ||
12/05/2011
|
1 Bed
|
1 Bath
|
-
|
$499,975
1 Bed
1 Bath
|
$499,975
05/23/2012
|
Stephanie Rappoport
Brown Harris Stevens Residential Sales LLC
|
Building Info
- 70 Units
- 2 Units for Sale
