The Nest

NestApple's Real Estate Blog

Featuring real estate articles and information to help real estate buyers and sellers. The Nest features writings from Georges Benoliel and other real estate professionals. Georges is the Co-Founder of NestApple and has been working as an active real estate investor for over a decade.

525 East 89th Street, Unit 1E

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Apartment 1E at Gracie Gardens offers a rare opportunity to own an oversized one-bedroom with the potential to be easily converted into a true two-bedroom (see alternate floor plan). Filled with natural light from abundant south-facing windows, this flexible home is ideally situated on a quiet, picturesque Upper East Side block just moments from the East River Promenade, Carl Schurz Park, and the East River.

The home’s open, loft-like layout is ideal for both relaxing and entertaining, featuring a nearly 25-foot living room, a separate dining area, and a fully outfitted open kitchen with stainless steel appliances and generous cabinet storage. The spacious dining area is perfectly positioned to be transformed into a second bedroom, while still maintaining comfortable living space, making this an exceptional option for buyers seeking room to grow.

A spacious foyer, currently configured as a home office, adds even more versatility to the apartment. Beautifully maintained hardwood floors and abundant closet space enhance the home’s functionality throughout. The quiet corner bedroom enjoys sunlight from two exposures and is complemented by an adjacent windowed bathroom.

Bright, flexible, and thoughtfully designed, this sun-filled residence combines the livability of a larger home with the convenience of an excellent full-service building in one of the Upper East Side’s most charming and tranquil neighborhoods.

525 East 89th Street, also known as Gracie Gardens, is an elegant full-service cooperative designed by Sylvan Bien in 1942. The coop is comprised of 4 six-story buildings that share beautifully landscaped and impeccably maintained courtyard gardens. The building offers an elegant, recently renovated lobby with full-time doorman as well as a live-in superintendent. Additionally, the building offers a laundry room, bicycle room and resident storage units for rent. Pets are permitted with board approval. Assessment: $198.18 per month for capital expenditures through end of 2026.



Written By: Georges Benoliel

Georges has been working in Wall Street for the last 16 years trading derivatives with hedge funds. He has been an active real estate investor for over a decade. Georges graduated from HEC Business School in Paris and holds a master in Finance from ESADE Barcelona.

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