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In Contract

1 Gracie Square, #3

$4,100,000 | 4 beds, 3.5 baths
Building Profile  | 
37 days on Market

Key Details

  • Listed: Oct 15, 2024
    Last Price Change: ($50,000) on Oct 30
    Days on Market: 37
    Building Type: Cooperative
    Neighborhood: Yorkville (Manhattan)
    Doorman: FT Doorman
Monthly Maintenance: $8,715
Est. Monthly Mortgage: $21,756
Total Est. Monthly Carrying Cost: $30,471
Note: the above is based on a down payment of 20% ($820,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Location and Neighborhood: This prestigious residence is located in the sought-after Yorkville neighborhood, with easy access to the East River Promenade, 2nd Avenue subway, and overlooks the tranquil Carl Schurz Park. It's also conveniently close to local amenities including a wine shop, cafe, and various shops.
  • Building and Design: The building, designed by famed architect Rosario Candela, boasts a rich history and unique architectural style. It offers amenities such as a doorman, elevator operator, private storage, and is pet-friendly.
  • Residence Features: The full floor residence features 4 bedrooms and 4.5 bathrooms, high ceilings, beautiful prewar detail throughout, two gas burning fireplaces, built-in bookcases, and beautiful oak hardwood floors in a chevron pattern. It also includes a private elevator landing for exclusive access.
  • Kitchen and Laundry: The residence boasts a custom designed chef’s eat-in kitchen with high-end appliances and ample counter space. There is also a separate windowed laundry room with sink and a vented Miele washer/dryer.
  • Additional Rooms: The property includes large park-facing entertaining rooms with oversized windows, a staff room with full bath that is ideal for a home office, and two storage bins in the basement for additional storage.
  • Comfort and Entertainment: For comfort, the residence has a multi-zoned central air conditioning system. For entertainment, it is equipped with a Sonos system for music throughout the home.

Description

Grand scale entertaining spaces, modern systems and the perfect perch over Carl Schurz Park make this rare 10 room full floor 4 bedroom 4.5 bathroom residence a must see. Enter the residence off of a private elevator landing into a beautifully paneled greeting gallery with powder room and abundant closets and storage space. Three large park facing entertaining rooms are accessed from this beautiful landing.

Enter the formal living room through an archway. The living room is gracious and bright with oversized windows from which one watches the comings and goings of the park. High ceilings, lovely prewar detail, working gas fireplace and built in book cases create a lovely ambiance.

At 22’4"X15’8" there is plenty of space for two seating areas. Pass through an arch to the West and enjoy the home’s large 14X21 den with a second gas burning fire place and two large windows allowing for plenty of natural light. To the east enter the home’s corner formal dining room.

Its scale is lovely with high ceilings and large windows. Throughout these rooms you will appreciate the beautiful oak hardwood floors in a chevron patters creating a sense of quality and flow.

One of the truly special features of this home is its enormous custom designed chef’s eat in kitchen! If you are a chef, you will appreciate the thought that has gone into its design.

Its circular flow and ample countertops make for an ideal work space and it is open to a large informal dining area, perfect for morning or evenings at home. Appliances include double Miele ovens, double Miele dishwashers, a 6 burner stove top with grill plus a restaurant quality salamander broiler, professional quality ventilation, oversized Subzero refrigerator with separate freezer drawers, a beautiful butler’s pantry that connects the kitchen to the dining room, and separate windowed laundry room with sink and vented Miele washer/dryer. Overhead and under cabinetry lighting light the space beautifully and a combination of Calacutta Gold and Verde Aver marble counter tops and backsplash create clean and stylish surfaces to work on.

A staff room with full bath is located off of the kitchen which is ideal for a home office.

The bedroom wing is accessed through a gracious secondary gallery. The corner primary bedroom is ensuite and of very comfortable scale facing the park with four large double closets. The room enjoys plenty of natural light and the bathroom is windowed with a large soaking tub and separate shower stall.

The adjacent second bedroom is currently used as a lovely library with a built in desk and large window facing west. The third bedroom is ensuite with a built in desk, large walk in closet and a windowed ensuite tiled bath. The fourth bedroom is 16X15 and offers a built in desk and a wall of custom closets and there is a fourth bathroom with stall shower just outside in the hallway.

The home is kept comfortable by a multi zoned central air conditioning system.

A Sonos system pipes music throughout most of the home and custom lighting throughout each of the rooms maintains an ambiance throughout your day. Last but not least, the home comes with two storage bins in the basement make storage a relief!

One Gracie Square is a beautiful prewar 41 unit building built in 1929 and designed by famed architect Rosario Candela. It’s rare setting on Carl Schurz Park make it a sought after destination for is tranquil setting.

Access to the East River Promenade is a short distance away as is the 2nd Avenue subway and plenty of neighborhood amenities. East End Avenue has its own wine shop, Cafe Yura, dry cleaning and barber shop! There is nothing like this residential enclave on the east side for those looking for a peaceful existence in New York City and the home is just gorgeous.

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Listing courtesy of Corcoran Group

Pricing History

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About 1 Gracie Square

80

1 Gracie Square has received a CityRealty Rating of 80, 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

26
Out of 44
+
26
Out of 36
+
18
Out of 39
+
10
=
80
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Architectural Masterpiece 8 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
Well Done 1 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
No, but Very Good 3 out of 3 points
Skyline:
Highly Visible 2 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Allowed and Present 0 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
Present 1 out of 2 points
Garden:
None 0 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:
Outstanding 5 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:
Very Attractive 3 out of 3 points
Traffic Noise:
Very Little 3 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:
No Noise 2 out of 2 points
Distance To Supermarket:
3-5 Short Blocks 1 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:
Some Noise 0 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Quite Stylish 3 out of 5 points
Units Per Floor:
2 4 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Considerable 2 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:
Yes 1 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:
None 0 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Many 2 out of 2 points

Building Amenities

  • Elevator Operator
  • FT Doorman
  • High-Rise
  • Pre War
  • Resident Storage
  • Washer/Dryer in building
  • Elevator
  • Fireplaces
  • Terraces / Balconies

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Pros
  • Elevator person
  • Stunning vistas
  • Few apartments
  • Overlooks Carl Shurz Park
  • Gargoyles
  • Wood-burning fireplaces
  • Doorman
Cons
  • No garage
  • No balconies
  • No roof deck
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