- Year built
- 2002
- Type
- Condominium
- Units
- 156
- Floors
- 31
- Landmark
- No
- Pets
- Pet-friendly under condominium rules — confirm terms with management
- Flip tax
- Not documented — confirm against the offering plan at contract
Every recorded sale at this building, 2017–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf
- $1,506
- Listing discount
- -1.0%
- Recorded sales
- 209
- On record
- 2017–2026
389 East 89th Street is a clean example of the Yorkville rental-to-condominium conversion — the arc that reshaped the neighborhood's for-sale stock in the 2010s. Built in 2002 as the rental building "Post Toscana" to a design by Ismael Leyva Architects, the tower was acquired by Magnum Real Estate Group in 2014 and relaunched as a condominium in 2016, with a conversion gut-and-redesign by Paris Forino that reduced the unit count, reworked the interiors, and repositioned the building as a design-forward, relatively attainable condominium on the First Avenue corner of East 89th Street.
The conversion is the story. Forino's interior program — custom Italian kitchen cabinetry, marble, Miele appliances, wide white-oak floors, and high ceilings — gave a workmanlike 2002 rental a genuinely current finish level, and the amenity package (a doorman, a fitness center, a grilling terrace, and a landscaped rooftop with skyline views) rounded it out. The result is a condominium that offers new-development finishes and a full amenity set at Yorkville pricing rather than prime-corridor pricing.
For buyers, 389 East 89th is the "affordable luxury" slot in the corridor: recent-vintage finishes, condominium flexibility, and a rooftop, at a far-east address that keeps the per-foot number below the neighborhood's marquee new construction.
Architecture and unit composition
The tower is a stone-and-masonry building with corner windows, its façade narrowing above the 16th floor and finished with pergolas in place of traditional cornices. The 156 condominium residences — including two penthouses — run from studios through three-bedrooms, with the Forino conversion finishes throughout: custom cabinetry, marble kitchens and baths, Miele appliances, five-inch white-oak plank floors, high ceilings, and in-unit washer/dryers. Sources differ modestly on the floor count and on the pre-conversion unit total; the 2016 offering plan controls on any specific apartment. Because the building is a condominium, apartments are valued on a per-square-foot basis.
Building operations
389 East 89th Street runs as a full-service condominium: 24-hour doorman and concierge, a fitness center, a children's playroom, a landscaped third-floor terrace with a grill, and a landscaped rooftop terrace with 360-degree skyline views. There is no pool, and on-site parking is not confirmed. The offering plan, house rules, and financial statements are held in The Roebling Research Library and available to clients during diligence.
Recent sales
The building's resale market is a finish-and-amenity market at a Yorkville price. Buyers reach it wanting current, design-driven interiors and a rooftop without paying prime-corridor new-development pricing, and the far-east location is the honest trade that makes that possible. Because the apartments were finished uniformly in the 2016 conversion, condition varies less here than in older stock — so floor, exposure, and layout do most of the pricing work. Confirm the current pet, sublet, and any transfer-fee terms against the offering plan, since some sponsor or investor units may still operate as rentals within the condominium.
Recent closings at this building, curated by The Roebling Team research desk. Apartment-level facts are independently verified before publishing; sale prices reflect the recorded transfer amount at the NYC Department of Finance.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Jun 15, 2026 | 32D | 2 BR · 2 BA · 1,113 sf | $1,995,000 | $1,792/sf | -7.2% |
| Jan 8, 2026 | 19C | 2 BR · 2 BA · 1,262 sf | $1,900,000 | $1,506/sf | off-mkt |
| Nov 10, 2025 | 10C | 2 BR · 2 BA · 1,098 sf | $1,595,000 | $1,453/sf | off-mkt |
| Sep 18, 2025 | 22C | 2 BR · 2 BA · 1,262 sf | $2,050,000 | $1,624/sf | -2.4% |
| Sep 9, 2025 | 27A | 2 BR · 3 BA · 1,582 sf | $2,745,000 | $1,735/sf | -3.7% |
| Jul 22, 2025 | 27C | 2 BR · 2 BA · 1,262 sf | $1,999,000 | $1,584/sf | -4.8% |
| May 21, 2025 | 15B | 1 BR · 1 BA · 731 sf | $1,190,000 | $1,628/sf | -2.9% |
| Mar 27, 2025 | 25C | 2 BR · 2 BA · 1,262 sf | $2,080,000 | $1,648/sf | -1.0% |
Market read. Most recent trades (2026) cleared a median $1,506/sf across 2 sales. Median listing discount -1.0% over ask.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Other recent transfers
| Date | Unit | Price |
|---|---|---|
| Aug 16, 2021 | 14G | $2,100,000 |
| Jun 25, 2021 | 8B | $999,000 |
Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-01552-7504) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage from recorded condo declarations and offering plans.
What to know if you’re buying
The 2016 conversion finishes are the product. The Forino interiors and the amenity set are what you're paying for; underwrite the common charges that carry them. Run the True Monthly Carrying Cost Calculator on the specific unit.
Condominium flexibility applies. No co-op-style financing cap, and pied-à-terre and sublet use are permitted under the declaration. Confirm any flip tax and the current house-rules posture against the offering plan (NY AG file CD140381) at contract.
Price to floor and exposure. With uniform finishes, floor and light drive value — use same-line comparables, not the building average. Run the Buyer Closing Cost Calculator.
Note the rental history. The building was a rental until 2016 and may retain some sponsor or investor rental units; confirm the owner-occupancy picture and any active rentals in diligence.
What to know if you’re selling
Lead with the conversion and the designer. Magnum's 2016 repositioning and Paris Forino's interiors are documented, searchable assets that separate this building from older Yorkville stock. Use them.
Sell the rooftop and the finishes. The landscaped rooftop, the grilling terrace, and the current finish level are the differentiators; market them to buyers comparing against dated inventory.
Anchor to the line. Same-line, same-exposure history is the right comparable set; we maintain it.
Comparable buildings
If you're considering 389 East 89th Street, also evaluate:
- The Waterford (1776 Second Avenue) — full-service Yorkville condominium with a top-floor amenity club
- The Cielo (450 East 83rd Street) — Perkins Eastman glass condominium in Yorkville
- 215 East 80th Street — postwar Yorkville condominium; the lower-carry alternative
- 400 East 84th Street — Yorkville condominium of similar scale
- The Kent (200 East 95th Street) — newer luxury condominium at the corridor's northern edge
- Hampton House (404 East 79th Street) — full-service Yorkville condominium with a rooftop pool
The Roebling Team at 389 East 89th Street
The Roebling Team at Compass works Yorkville and the broader Upper East Side as a core practice area. We publish this building profile because condominium buyers and sellers deserve building-specific intelligence — conversion history, finish quality, amenity reality, and line-level pricing — not generic neighborhood commentary.
If you're considering a transaction at 389 East 89th Street, a 30-minute consultation is the right starting point.
The neighborhood
For the full corridor — architecture, schools, transit, and pricing across Upper East Side — read The Roebling Team Guide to Upper East Side.
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