Gracie Towne House at 401 East 89th St. #8GH

This special 3 bed home (in a Condop – condo/coop hybrid – building OWNS the land, not a landlease with an almost completely paid-off mortgage!) is impeccably renovated and rarely available, this sprawling 3 bed, 3 bath home offers incredible value on the Upper East Side’s most coveted location. This mint-condition home includes luxurious upgrades such as 7-inch hand-scraped wood-plank floors, installation of numerous designer light fixtures and a new thermostat-controlled A/C and heating system. A elegant layout provides separation of the main living spaces: large chef’s kitchen, spacious living room, and separate dining room are thoughtfully laid-out. Designed for entertaining, the kitchen is equipped with stainless steel appliances (including a refrigerator with built-in Keurig), white granite countertops, tiled backsplashes, custom cabinetry offering an abundance of storage, and a peninsula that creates a comfortable breakfast bar. Split bedroom wings lends privacy to all 3 rooms. And the master suite boasts a large bay window, three large custom closets, tasteful recessed lighting, and a beautifully renovated en-suite bath with a jetted bathtub. The secondary bedrooms feature double-closets, custom light fixtures, and share two additional renovated full bathrooms. Additional features include a stacked full-size Bosch washer-dryer, and crown and baseboard moldings.

Gracie Towne House is a coveted Upper East Side Condop with no board interview required! Individual shareholders have the rare ability to convert their co-op shares into condo ownership. This full-service building provides a 24-hour doorman, a live-in resident manager, a building handyman, a porter, a new fitness room, additional laundry room on each floor, and a bike room. Additionally, the building offers storage cages and parking in an on-site garage. Pets welcome. The building allows sublets, pied-a-terres, co-purchasing, gifting, and guarantors. Ideally located, this home is surrounded by parks, schools, restaurants, and grocery stores. Nearby attractions include Carl Schurz Park, Asphalt Green Aquatic & Fitness Center, Mayorial Home Gracie Mansion, the East River Esplanade, Soul Cycle, Pure Yoga, 92nd Street Y, Fairway Market, and Whole Foods. Gracie Town House is nearby to Q, 4, 5, and 6 trains for easy transportation to anywhere in the city. A lobby and hallway renovation has been funded and approved. Strong financials with recently reduced maintenance