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Duplex Penthouse Income Property
For Sale
$2,995,000

401 E 89TH Street 18/19E, New York City, NY 10128

Four-bedroom residence offers terrace access, river views, central HVAC, in-unit laundry, and flexible ownership within a full-service building.

Property SizeContact for details
Days on Market36

Property Features for 401 E 89TH Street 18/19E

General Information

Standard status Active
Property subtype Duplex

Units

Unit Mix 1 x 4BR/3BA duplex
Multifamily Units 1

Additional Details

Public Transit Yes

Amenities

terrace
fitness center
private storage
bike storage
laundry room
on-site parking garage
package room
24-hour door staff
live-in superintendent
in-unit washer-dryer
central air conditioning
pets permitted

Building Details

Year Built 1963
Listing Agency: Douglas Elliman Real Estate
Listed By: John Gasdaska · License #30GA0898127
Source: Howardhannanyc
Added: Jul 7 Changed: Aug 8 Last Checked: Aug 10 at 9:25AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Douglas Elliman Real Estate

Investment Insights

Based on property information with market context.

This terraced duplex penthouse occupies the southeast corner of a full-service post-war building. The four-bedroom, three-bath layout includes a great room opening to a south-facing terrace, a windowed kitchen, and a main-level bedroom with a nearby full bathroom that can also serve as a den, office, or au pair space. Upstairs, the corner primary suite includes a five-piece en-suite bath, California Closets, and river views; two additional bedrooms share another full bathroom. Red oak flooring, a built-in bookcase wall, central forced-air heating and air conditioning, in-unit laundry, and substantial storage complete the residence.

Built in 1963, the building provides 24-hour door staff, a live-in superintendent, fitness and storage facilities, a floor laundry room, parking garage, and refrigerated package storage. Ownership features include unlimited subletting, no ground lease, no board approval for owners, and the ability to convert cooperative shares to condominium ownership. The property is near Carl Schurz Park, Asphalt Green, the East River Esplanade, the Second Avenue Q train at 86th Street, and the NYC Ferry stop at East 90th Street.

Key Highlights

  • Four‑bedroom, three‑bath terraced duplex penthouse with a south‑facing terrace
  • Southeast corner position with open city and river views
  • Primary suite includes a five‑piece en‑suite bathroom and California Closets

Property Analytics

Current Use

MGCS Attic Insulation ... General Contractor PIA GALLO LLC (Bike/Boat/Book/etc) Store Joan Pagano Fitness ... Gym & Fitness Center Lorraine Cates PHD Foster Care Service New York Massage ... Alternative Medicine Practice

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Hotel & Motel Building Supply Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

4,276
Businesses Nearby

Demographics for 10128, NY

64,249
Population
35,940
Households
1.8
Avg Household Size
38
Median Age
77%
College-Educated
96%
High-School Grad
0.5 sq mi
ZIP Area
128,498
Density / Sq Mi
$148,705
Median Household Income
$103,078
Median Earnings
$2,648
Median Rent
$1,295,600
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Four-bedroom residence offers terrace access, river views, central HVAC, in-unit laundry, and flexible ownership within a full-service building.
Where is this residential income property located?
The property is located at 401 E 89TH Street 18/19E New York City, NY.
What is the asking price?
The asking price for this property is $2,995,000.
What are key features of this property?
This property features: Four‑bedroom, three‑bath terraced duplex penthouse with a south‑facing terrace; Southeast corner position with open city and river views; Primary suite includes a five‑piece en‑suite bathroom and California Closets
More about this property
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