Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,275,000

· Closed July 11, 2022

515 E 89TH Street #5K
Closed For Sale Co-op

$1,275,000

$944 per sq ft

515 E 89TH Street #5K

Upper East Side, Manhattan

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MLS® #RLS10782380

RLS at REBNY

Listing by Douglas Elliman Real Estate

2

Bedrooms

2

Baths

1,350

Sq. Ft.

1942

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,350 sq ft
Year Built 1942
Ownership Co-op
Maintenance $3,146/mo
Neighborhood Upper East Side
Floor 5 of 6

Property Highlights

  • Exposure: East,South facing
  • Character: Pre-war building (1942)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 8
Baths 2 Full
Floor 5 of 6
Exposure East,South
Pets Yes
Year Built 1942
Living Area 1,350 sq ft
Parcel # 1586-0005-00515-000-000005K

Listing History

Event Date Price Change
Listed Feb 22, 2022 $1,250,000 -
Currently May 9, 2026 $1,275,000 +2.0%

Description

Situated on a tree-lined street, this prewar, two-bed (plus nursery/office), two-bath apartment is rich in original details while full of modern amenities.

The home boasts a spacious entry foyer, filled with ample closets which leads to either the newly renovated kitchen/dining room to the left or the sun-filled living room to the right. Both the living space as well as the primary bedroom suite are south facing, allowing loads of sunlight to fill the apartment at all hours. Two newly- renovated full-bathrooms, a guest room and an office/nursery make up the remainder of the home.

Located in one of the four buildings that make up the Gracie Gardens Co-op, owners have access to the beautiful communal gardens which connect the buildings internally. The immediate vicinity features Carl Schurz Park, the East River Promenade and the Asphalt Green with its Olympic swimming pool, gym and track.

Building Information

Financial Details

Maintenance $3,146/mo
Original Price $1,250,000
Sale Price $1,275,000
Previous Price $1,250,000

The Upper East Side remains the gold standard for classic New York elegance. Known for 'Museum Mile' and its low-traffic, tree-lined streets, the neighborhood offers a refined lifestyle away from the midtown bustle. While famous for its historic cooperatives, the area has seen a recent surge in ultra-luxury new construction condos, particularly along the Second Avenue Subway corridor, making it a top choice for both traditionalists and modern buyers.

Upper East Side Live Market Data

View Neighborhood

Active Listings

341

Median Asking Price

$1.80M

Median $/Sqft

$1,585

Avg Days on Market

N/A

New This Week

18

Price Reduced

28%

Sold (30 Days)

40

Median Sale Price

$1.60M

Live data from RLS at REBNY • Updated 5/9/26, 10:31 AM EST

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Location

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515 E 89TH Street #5K, Upper East Side, New York County

Floor Plans

Floor Plan 1
Floor Plan 2

Building Information

Official NYC property records for this building

1942
Year Built
84 years old
6
Floors
70
Residential Units
R8B
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $6,498,000
Land Value: $1,201,500
Exemptions: $39,914

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 19,948 SF
Building Area: 71,000 SF
Built FAR: 3.56
Allowed FAR: 4

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $3,146 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 2 bedrooms and 2 full bathrooms.

The listed interior living area is 1,350 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1942, making it approximately 84 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $1,275,000 for 1,350 sq ft, the asking price per square foot is approximately $944. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10782380
First Listed: 2/22/2022
Price Changed: 7/12/2022
Closed: 7/11/2022
Contract Date: 2/22/2022

Listing Courtesy of Douglas Elliman Real Estate - Fredrik Eklund

Listing Contact: -

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/9/2026 at 2:31 PM UTC

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