by RH Advisors

Check Availability
$1,075,000
Co-op - In Contract

525 E 89TH Street #5A

Manhattan, NY 10128
bedrooms
2 Beds
bathrooms
2 Baths
$8,520
Estimated Monthly
$3,241
HOA / Fees
4.11%
Cap Rate

About This Property

Apartment 5A at 525 East 89th Street is a spacious 1,351 square foot 5.5 room home situated on a very quiet and leafy block in the Gracie Gardens complex. Situated on the 5th floor and windowed on 3 sides, apartment 5A has terrific light due to the low-rise (6 storied) configuration of the buildings. Upon entering, there are two closets off the entry vestibule leading to a very spacious gallery with yet another closet. The sunny south-facing Living Room measures over 12 x 22 feet and the room is anchored by a decorative fireplace. There are high 8'-9" ceilings and prewar details throughout. The windowed kitchen has GE appliances and there is a stackable Miele washer/dryer off the bedroom hallway. The south-facing primary Bedroom Suite has three closets and an en suite bathroom. The second Bedroom also has an en suite bathroom.

Built in 1942 and designed by Sylvan Bien, 525 East 89th Street is one of two 6-story buildings which share a lovely central courtyard with its beautifully landscaped garden. The 2 buildings have 4 different addresses (515 and 525 East 89th; along with 520 and 530 East 90th) and comprise approximately 138 Units. The numerous amenities in this pet-friendly cooperative include: 24-hour Doorman, a live-in Resident Manager, Central Laundry Room, Bike Room, and Storage Room. The building allows 80% Financing, and pied-a-terre living is allowed. There is a $324/month assessment until December, 2023.

525 East 89th Street is located between York and East End Avenues and is convenient to numerous neighborhood restaurants and services. The 86th Street cross-town bus stop is down the block on York and 90th and the entrance to the Q train is at 94th and Second Avenue. The immediate proximity to Carl Schurz Park (a true gem of a park) and the East River Promenade (stretching south to the 59th Street Bridge and north to Randall's Island and beyond) are perhaps the most prominent standout features of the neighborhood. The security of being adjacent to Gracie Mansion is also a plus. What's more, the Asphalt Green athletic complex, with its Olympic pool (one of only several 50-meter pools in Manhattan), training facilities, and huge soccer field is a huge draw for the neighborhood.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Co-op
Property Taxes
-
HOA Dues
$3,241
Year Built
1942
Listed By
Last updated: 2 months ago (RLS #RPLU-33421784713)

Price History

Date / Event Date Event Price
Aug 12, 2023 In contract -
In contract
May 20, 2023 Price Decreased $1,075,000
↓ $100K (8.5%)
Price Decreased
Apr 4, 2023 Price Decreased $1,175,000
↓ $100K (7.8%)
Price Decreased
Jul 9, 2022 Price Decreased $1,275,000
↓ $25K (1.9%)
Price Decreased
May 13, 2022 Listed by Corcoran Group $1,300,000
Listed by Corcoran Group
Show More

Property Highlights

Doorman
Elevator
Fireplace
With View
Interior Details

Bedroom Information

Bedrooms: 2

Bathroom Information

Full Bathrooms: 2

Room Information

Laundry Features: Building In Basement
Rooms: 5

Fireplace Information

Has Fireplace
Fireplaces: 1

Basement Information

Exterior Details

Property Information

Year Built: 1942

Building Information

Building Name: GRACIE GARDENS
Outdoor Living Structures: None
Pets Allowed: Building Yes, Yes

Land Information

Tax Lot: 0013
Tax Block: 01586

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Co-op
2 Beds
2 Baths
1,425 ft²
$737/ft²
$1,050,000 Feb 20, 2018
$1,050,000 Sep 12, 2018
$2,781/mo
Co-op
2 Beds
2 Baths
-
$1,150,000 Feb 5, 2016
$1,150,000 Jun 8, 2016
$2,662/mo
Co-op
2 Beds
2 Baths
1,100 ft²
$955/ft²
$1,050,000 Sep 12, 2018
$1,050,000 Mar 21, 2019
$2,155/mo
Co-op
2 Beds
2 Baths
1,250 ft²
$860/ft²
$1,075,000 Oct 6, 2023
$1,075,000 Mar 27, 2024
$3,050/mo
Co-op
2 Beds
2 Baths
1,200 ft²
$909/ft²
$1,091,000 Sep 15, 2016
- Feb 5, 2021
$2,050/mo
Co-op
2 Beds
2 Baths
-
$1,050,000 Nov 18, 2013
- Feb 5, 2021
$2,014/mo
Co-op
2 Beds
2 Baths
-
$950,000 Mar 7, 2024
-
$2,477/mo
Co-op
2 Beds
2 Baths
-
$995,000 Mar 14, 2024
-
$2,627/mo
Co-op
2 Beds
2 Baths
-
$1,150,000 Mar 7, 2024
-
$1,901/mo
Co-op
2 Beds
2 Baths
-
$1,150,000 Aug 30, 2023
-
$2,745/mo
Co-op
2 Beds
2 Baths
-
$998,000 Oct 18, 2023
-
$2,011/mo
Co-op
2 Beds
2 Baths
-
$1,150,000 Nov 10, 2023
-
$3,145/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20221109 Unit 2L
11/09/2022
2L
2 Bed
1 Bath
-
$825,000
bedrooms
2 Bed
bathrooms
1 Bath
-
-
-
Melissa Gordon
Charles Rutenberg, LLC
20221005 Unit 3D
10/05/2022
3D
2 Bed
2 Bath
-
$925,000
bedrooms
2 Bed
bathrooms
2 Bath
$912,500 -1.35%
05/08/2023
Laurel Rosenbluth
Kleier Residential Inc
20201029 Unit 2E
10/29/2020
2E
1 Bed
1 Bath
-
$525,000
bedrooms
1 Bed
bathrooms
1 Bath
$510,000 -2.86%
06/22/2021
Susan Hirschorn
Compass
20200831 Unit 4C
08/31/2020
4C
1 Bed
1 Bath
-
$675,000
bedrooms
1 Bed
bathrooms
1 Bath
$615,000 -8.89%
03/31/2021
Tita Omeze
Corcoran Group
20191007 Unit 6E
10/07/2019
6E
1 Bed
1 Bath
500 ft²
$550,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
500 ft²
$550,000
05/11/2020
Daren Debel
Compass
20190507 Unit 4K
05/07/2019
4K
2 Bed
2 Bath
-
$1,295,000
bedrooms
2 Bed
bathrooms
2 Bath
$1,250,000 -3.47%
08/20/2019
Vickey Barron
Compass
20181108 Unit 1M
11/08/2018
1M
1 Bed
1 Bath
875 ft²
$720,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
875 ft²
$720,000
07/08/2019
CHRIS ZHOU
Mont Sky Real Estate LLC
20170405 Unit 45D
04/05/2017
45D
3 Bed
3 Bath
-
$1,995,000
bedrooms
3 Bed
bathrooms
3 Bath
$2,005,000 +0.50%
07/06/2017
Forbes Phillips
Brown Harris Stevens Residential Sales LLC
20170330 Unit 3F
03/30/2017
3F
1 Bed
1 Bath
-
$580,000
bedrooms
1 Bed
bathrooms
1 Bath
$580,000
08/23/2017
Judith Woodfin
Fox Residential Group, Inc.
20160606 Unit 3D
06/06/2016
3D
2 Bed
2 Bath
-
$899,000
bedrooms
2 Bed
bathrooms
2 Bath
$882,000 -1.89%
01/13/2017
Samantha Behringer
Douglas Elliman Real Estate
20160127 Unit 5BC
01/27/2016
5BC
3 Bed
2 Bath
-
$1,950,000
bedrooms
3 Bed
bathrooms
2 Bath
$1,950,000
05/10/2016
Louise Phillips Forbes
Halstead dba Brown Harris Stevens Residential Sales LLC
20150119 Unit 23H
01/19/2015
23H
4 Bed
2 Bath
1640 ft²
$1,695,000
bedrooms
4 Bed
bathrooms
2 Bath
square feet
1640 ft²
-
10/01/2015
Leonel Piraino
Elliman
20140529 Unit 3J
05/29/2014
3J
1 Bed
1 Bath
-
$485,000
bedrooms
1 Bed
bathrooms
1 Bath
$455,000 -6.19%
10/02/2014
Julie Brannan
Warburg Realty Partnership Ltd.
20121002 Unit 3E
10/02/2012
3E
1 Bed
1 Bath
-
$429,000
bedrooms
1 Bed
bathrooms
1 Bath
-
-
-
Mary Anne Fusco
Elliman
20120926 Unit 4K
09/26/2012
4K
2 Bed
2 Bath
1300 ft²
$1,195,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1300 ft²
$1,175,000 -1.67%
09/25/2013
Kim Shepard
Elliman
20111205 Unit 2C
12/05/2011
2C
1 Bed
1 Bath
-
$499,975
bedrooms
1 Bed
bathrooms
1 Bath
$499,975
05/23/2012
Stephanie Rappoport
Brown Harris Stevens Residential Sales LLC

Building Info

Gracie Gardens 525 East 89th Street, New York, NY 10128
  • 70 Units
  • 2 Units for Sale
More about this Building
525 East 89th Street
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