401 E 89Th St

A midcentury, full-service cond-op on Manhattan’s Upper East Side, Gracie Towne House is a 19-story residential building completed in 1963 that combines large, family-scaled apartments with condominium-style flexibility. Units are commonly configured as expansive multi-bedroom homes (many 3–4 bedroom layouts or combined residences) featuring generous closets, windowed eat-in kitchens, separate formal dining rooms, long living/dining galleries, entrance foyers, built-in cabinetry and original hardwood floors. Typical residences include private outdoor space—balconies or terraces of varying sizes—and are wired for major providers. The building operates with a full-time staff: 24-hour doorman/concierge, live-in resident manager, superintendent, porters/handyman, and on-site valet garage. Resident conveniences include a fitness room (recently updated), laundry rooms on each floor, bike storage, rentable storage bins, playroom, and central heating/air or individual A/C units in many homes. Ownership is structured as a cond-op: the building owns the land, permits flexible ownership options (subletting from day one, pied-à-terre, guarantors, investors) and offers a no board-interview application process; under certain conditions shareholders may buy out shares to convert to condominium ownership. Located adjacent to Carl Schurz Park and Asphalt Green, the address provides strong neighborhood amenities—river esplanade access, schools, shopping, and multiple transit options including nearby 4/5/6 and Q lines and the East River Ferry—making it a practical choice for families and active residents seeking sizable layouts with service-oriented building management.