Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,999,000

· Closed August 24, 2023

1 Gracie Terrace #2B/1B
Closed For Sale Co-op

$1,999,000

1 Gracie Terrace #2B/1B

Upper East Side, Manhattan

MLS® #RLS10886387

RLS at REBNY

Listing by Compass

3

Bedrooms

2

Baths

N/A

Sq. Ft.

1952

Year Built

Quick Summary

Bedrooms 3
Bathrooms 2
Year Built 1952
Ownership Co-op
Maintenance $3,947/mo
Parking Garage
Neighborhood Upper East Side

Property Highlights

  • Outdoor Space: Terrace
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 7
Baths 2 Full
Pets Yes
Cross Street East End Avenue/East River Drive
Year Built 1952
Parking Garage Available
Block/Lot 1590/7

Listing History

Event Date Price Change
Listed Feb 1, 2023 $1,999,000 -
Price Reduced Aug 29, 2023 $2,100,000 +5.1%

Description

If you ever dreamed of living in a rarely available charming duplex in a luxury doorman building on the UES, moments away from the East River, you have found your new home! This unique 3 bedroom 2 bathroom combination apartment has breathtaking direct river views, a townhouse feel and is just off the esplanade. It is designed for gracious living. As you enter the first floor there is a foyer, a full bathroom, two bedrooms, and a bonus separate home office. There is also a separate area for a private washer/dryer which is permitted with co-op board approval. Throughout the entire home, there is an abundance of storage with outfitted closets. As one ascends the gracious U staircase to the 2nd floor, you will immediately be dazzled by the sunlight streaming through the oversized picturesque living room window and unobstructed water views. Adjacent to the living room is a king-sized primary bedroom with a renovated en-suite marble bathroom. Just off the bedroom, there is a sunroom where you can enjoy your morning coffee while taking in the brilliant direct views of the east river. The updated kitchen has stainless steel appliances, with a dishwasher and a microwave. As a bonus, there is a small outdoor terrace that you can turn into your own private urban oasis. One Gracie Terrace is an elegant postwar cooperative with full-time doorman service, a live-in superintendent, a state-of-the-art fitness center with Peloton and Cybex machines, a central laundry room, storage, a bike room, a landscaped courtyard garden, and an on-site parking garage. Pets are welcome. Guarantors are allowed. There is a 2% flip tax paid by the buyer. Nestled on a peaceful cul-de-sac off East End Avenue, this home puts the stunning East River esplanade and beloved Carl Schurz Park right outside your door. This sought-after Upper East Side location is surrounded by world-class dining, shopping, and nightlife venues. There's easy access to various methods of transportation including the Second Avenue Q and 4/5/6 trains and bus service, CitiBikes, the East 90th Street Ferry Terminal, FDR, and East River crossings.

Features & Amenities

Interior Features

Entrance Foyer Common Area

Exterior Features

Terrace

Building Information

Financial Details

Maintenance $3,947/mo
Sale Price $1,999,000
Previous Price $2,100,000

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

337

Median Asking Price

$1.70M

Median $/Sqft

$1,585

Avg Days on Market

N/A

New This Week

26

Price Reduced

30%

Sold (30 Days)

33

Median Sale Price

$1.50M

Live data from RLS at REBNY • Updated 4/30/26, 6:24 PM EST

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Location

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1 Gracie Terrace #2B/1B, Upper East Side, New York County • Near East End Avenue/East River Drive

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1953
Year Built
73 years old
20
Floors
159
Residential Units
R10A
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $25,928,550
Land Value: $3,762,000
Exemptions: $200,627

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

Lot Area: 17,300 SF
Building Area: 222,200 SF
Built FAR: 12.84
Allowed FAR: 10

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 $3,947 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 3 bedrooms and 2 full bathrooms.

According to MLS records, the building was constructed in 1952, making it approximately 74 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.

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: RLS10886387
First Listed: 2/1/2023
Price Changed: 8/29/2023
Closed: 8/24/2023
Contract Date: 2/1/2023

Listing Courtesy of Compass - Lori Powers

Listing Contact: (917) 620-1774

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 4/30/2026 at 10:24 PM UTC

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