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1 Gracie Terrace, #PHA

$1,995,000 | 3 beds, 3 baths
Building Profile  | 
222 days on Market

Key Details

  • Listed: Apr 15, 2024
    Last Price Change: ($255,000) on Nov 1
    Days on Market: 222
    Building Type: Cooperative
    Neighborhood: Yorkville (Manhattan)
    Doorman: FT Doorman
    Listing viewed 511 times
Monthly Maintenance: $9,904
Est. Monthly Mortgage: $9,319
Total Est. Monthly Carrying Cost: $19,223
Note: the above is based on a down payment of 30% ($598,500), which is the minimum amount permitted by the building.

Insider Highlights

  • Prime Location: This spacious 3-bedroom, 3-bathroom co-op apartment is located in the prestigious Upper East Side neighborhood of Manhattan, on a quiet cul-de-sac, reducing street noise. It's in close proximity to Carl Schurz Park, the new Second Avenue Subway (Q) entrance, the East River Ferry service, and the esteemed Brearley and Chapin schools.
  • Luxurious Interior: The apartment boasts abundant natural light from expansive windows, a gourmet kitchen equipped with top-of-the-line appliances, custom cabinetry, and sleek countertops, and generously proportioned bedrooms with panoramic views and ample closet space.
  • Stunning Outdoor Space: The property features an expansive wrap-around terrace with breathtaking views of the skyline and waterways, perfect for entertaining or relaxing.
  • High-End Amenities: The full-service building offers a doorman, resident storage, garage, elevator, fitness center, courtyard, and laundry room, ensuring a comfortable and convenient living experience.
  • Pet-Friendly Environment: The building is pet-friendly and has a live-in resident manager, making it an ideal choice for pet owners.
  • Architectural Notability: The building is notable for its continuous white balconies facing the East River, adding a unique architectural charm to the property.

Description

Welcome to 1 Gracie Terrace, a sophisticated haven on a quiet cul-de-sac in the heart of Manhattan’s prestigious Upper East Side. This graciously sized co-op apartment offers a blend of elegance, comfort, and breathtaking views.

Upon entering this meticulously crafted residence, an inviting ambiance is fostered by abundant natural light streaming through expansive windows. The spacious layout encompasses two bedrooms, a nursery, and three bathrooms, providing ample space for luxurious living and entertaining.

The centerpiece of this home is undoubtedly its expansive wrap-around terrace, offering an idyllic setting for outdoor relaxation, al fresco dining, and enjoying the mesmerizing vistas of the surrounding skyline and waterways.

The interior features refined finishes and meticulous attention to detail throughout.

The gourmet kitchen is equipped with top-of-the-line appliances, custom cabinetry, and sleek countertops, making it a chef’s delight.

The bedrooms are generously proportioned, offering serene retreats with panoramic views and ample closet space. The home office/third bedroom provides versatility, whether as a cozy sleeping space or a tranquil office.

This stunning residence boasts an oversized primary bathroom with decorative tiles, a sizeable walk-in shower, and a separate soaking tub. The secondary bathrooms feature gracious footprints and clean aesthetics.

Located just steps away from the picturesque Carl Schurz Park, residents have easy access to lush green spaces, waterfront promenades, and recreational facilities, perfect for leisurely strolls or outdoor activities.

1 Gracie Terrace epitomizes luxury living in one of Manhattan’s most coveted neighborhoods, offering an unparalleled combination of refined elegance, panoramic vistas, and urban convenience.

This is a rare opportunity to experience the epitome of cosmopolitan living on the Upper East Side.

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Apartment Amenities

  • Terrace
  • River View
Listing courtesy of Serhant

Pricing History

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About 1 Gracie Terrace

78

1 Gracie Terrace has received a CityRealty Rating of 78, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

27
Out of 44
+
21
Out of 36
+
21
Out of 39
+
9
=
78
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Very Attractive 5 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
Attractive 2 out of 3 points
Contextual Design:
Yes and Good 2 out of 3 points
Skyline:
Highly Visible 2 out of 2 points
Local Visibility:
Partially Visible 1 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Discrete 1 out of 2 points
Free Standing:
Free Standing 2 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
Attractive 2 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Very Attractive with Trees 4 out of 5 points
Distance To Neighborhood Center:
More than 50 blocks 0 out of 5 points
Views:
Impressive 3 out of 4 points
Neighborhood Ambience:
Attractive 2 out of 3 points
Traffic Noise:
Some 2 out of 3 points
Protected Views:
Many 2 out of 2 points
Distance To Subway:
More than 5 Short Blocks 0 out of 2 points
Firedepartment Noise:
A Lot 0 out of 2 points
Distance To Supermarket:
More than 5 Short Blocks 0 out of 2 points
Distance To Park:
Less Than 3 Short Blocks 2 out of 2 points
Distance To Water:
Less than 3 Short Blocks 2 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Spacious 4 out of 5 points
Units Per Floor:
5-9 2 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
Very Attractive 3 out of 3 points
Health Club:
Yes 1 out of 2 points
Private Gardens:
Yes, but Small 1 out of 2 points
Storage Rooms:
Minimal 1 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
Some 1 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
None 0 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
Yes 1 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
Yes 1 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
No 0 out of 1 points
Other Amenities:
Many 2 out of 2 points

Building Amenities

  • FT Doorman
  • Resident Storage
  • Full Service Garage
  • Elevator
  • Fitness Center
  • Courtyard
  • Laundry Room

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Pros
  • Close to Carl Schurz Park
  • Close to Chapin and Brearley Schools
  • Garage
  • Doorman
  • Some corner windows
  • Attractive white balconies along river
  • Overlooks the East River
  • On a cul-de-sac
Cons
  • Many apartments
  • Traffic noise from FDR Drive
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