401 E 89TH Street #17F

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!