605 East 82nd Street
605 East 82nd Street, New York, NY 10028
BBL 1015900007 · BIN 1051381
- Year built
- 1953
- Type
- Cooperative
- Units
- About 159
- Landmark status
- Not an individual landmark; not in a historic district
- NYC Landmarks Preservation Commission and City Planning records, updated February 2026
- Subletting by shareholders
- Permitted with conditions
- Pied-à-terre
- Requires confirmation
- Pets
- Pets permitted with conditions; species not stated
- Washer/dryer
- Permitted with conditions
- Maximum financing
- 70% of the purchase price
- Flip tax
- 2% of the purchase price, paid by the buyer
- Doorman
- Full-time doorman
Every recorded sale at this building, 2003–2026
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 1BR median, 2023–2026
- $680K
- 8 qualifying sales
- Recent range
- $500K – $4.2M
- Listing discount
- 4.5%
- Recorded transfers
- 137
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at One Gracie Terrace would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.
605 East 82nd Street — known as One Gracie Terrace — occupies one of the most secluded positions on the Upper East Side: a quiet cul-de-sac perched at the East River's edge, by the river promenade and near Carl Schurz Park. Built in 1953 and converted to a cooperative in 1973, the 20-story red-brick tower trades on a combination of river views, balconied apartments, and the insulated calm of the Gracie enclave — the pocket of Yorkville that surrounds Gracie Mansion and Carl Schurz Park.
The building's appeal is fundamentally about position and light. A river's-edge siting gives eastern exposures over the East River and the park, depending on floor and position. Many apartments carry balconies — some in solarium configurations — giving residents private outdoor space with water views, a combination that is genuinely scarce on the Upper East Side. The handsome red-brick massing, the fireplace-anchored lobby, and the landscaped courtyard make it a comfortable, full-service building.
The Gracie / Carl Schurz Park enclave is one of the quietest residential pockets in Manhattan — removed from the avenue bustle, organized around the park and the river, and oriented toward family and primary-residence buyers who value calm over centrality. For buyers who want river views, private outdoor space, and a peaceful white-glove building, One Gracie Terrace is a defining option in the neighborhood.
Architecture and unit composition
The roughly 159 apartments span post-war configurations across the 20 stories. Many residences carry balconies, and some feature solarium balconies and decorative fireplaces — features that, combined with the river orientation, distinguish the building within the post-war Yorkville stock. River- and park-facing apartments on the eastern flank carry the building's view premium and its strongest light.
Post-war signatures recur throughout: efficient, practical layouts, good light, and the solid construction of 1953-era apartment design. Apartment-to-apartment variation is significant given the building's size — floor altitude, river versus interior exposure, balcony orientation, and renovation history all matter to value, and lines price on their individual merits. The largest and highest river-facing apartments, including any penthouse-level configurations, anchor the top of the building's range.
Building operations
One Gracie Terrace operates as a full-service post-war cooperative with a 24-hour doorman, a porter, and a live-in resident manager. The amenity package is unusually deep for a post-war Yorkville co-op: a fitness center, a bike room, and common storage that are free of charge to shareholders, an on-site garage, a landscaped courtyard, a fireplace-anchored lobby, and central laundry. The on-site garage is a meaningful practical advantage in a neighborhood where parking is at a premium.
The board permits financing of up to 70%, and parents may act as guarantors for their children — a feature that broadens the buyer pool to younger and first-time UES purchasers. The building welcomes dogs. It does not permit pied-à-terre ownership or open houses, so the building reads as an owner-occupant, primary-residence community rather than an investor or part-time-resident building. Buyers should review the current proprietary lease and house rules in the course of a purchase.
Application and transaction fees
Fees below are from building management's published schedule, as of October 2026. They are shown as published, item by item; no total is added because the total depends on the transaction. Deposits are listed apart from nonrefundable charges.
- Terms
- Equal to 2% of purchase price
- Rate
- 2% of the purchase price
- Paid by
- Buyer
Source: building management's published schedule, as of October 2026
Purchase
9 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing Fee | Paid by Buyer | When With the application | Amount $600 | Refundable Non-refundable |
| Background Check FeePer applicant | Paid by Buyer | When With the application | Amount $100 per applicant/occupant | Refundable Non-refundable |
| Credit Check FeePer applicant | Paid by Buyer | When With the application | Amount $75 per applicant/occupant | Refundable Non-refundable |
| Messenger Fee | Paid by Buyer | When With the application | Amount $65 | Refundable Non-refundable |
| Recognition Agreement FeeConditionalConditions: If Financing | Paid by Buyer | When At closing | Amount $300 (if applicable) | Refundable Non-refundable |
| Managing Agent's Fee | Paid by Seller | When At closing | Amount $900 (Seller is an Individual) or $1000 (Seller is an Estate) | Refundable Non-refundable |
| New York State Stamp Tax | Paid by Seller | When At closing | Amount $.05/share | Refundable Non-refundable |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move In Deposit | Paid by Buyer | When With the application | Amount $1,000 | Refundable Refundable |
| Move-Out Deposit | Paid by Seller | When With the application | Amount $1,000 | Refundable Refundable |
Sublet
3 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Sublet FeeRecurring | Paid by Shareholder | When With the application | Amount 25% of annual maintenance | Refundable Not stated |
| Application Processing FeeRequired | Paid by Subtenant | When With the application | Amount $550 | Refundable Non-refundable |
| Bedbug Disclosure Form Fee | Paid by Subtenant | When With the application | Amount $25 | Refundable Not stated |
Refinance
4 items
Management's “less refinance” schedule
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing FeeRequired | Paid by Buyer | When With the application | Amount $400 | Refundable Non-refundable |
| Messenger Fee | Paid by Buyer | When With the application | Amount $35 | Refundable Non-refundable |
Management's “more refinance” schedule
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing FeeRequired | Paid by Buyer | When With the application | Amount $500 | Refundable Non-refundable |
| Messenger Fee | Paid by Buyer | When With the application | Amount $35 | Refundable Non-refundable |
Ownership transfer
4 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing Fee | Paid by Buyer | When With the application | Amount $600 | Refundable Non-refundable |
| Background Check FeePer applicant | Paid by Buyer | When With the application | Amount $100 per applicant/occupant | Refundable Non-refundable |
| Credit Report FeePer applicantRequired | Paid by Buyer | When With the application | Amount $75 per applicant/occupant | Refundable Non-refundable |
| Messenger Fee | Paid by Buyer | When With the application | Amount $65 | Refundable Non-refundable |
Management updates its schedule without a public filing. The date is when management last updated the page, not when a rule changed. Confirm the current schedule with management before you apply.
Considering an apartment here? Send Corey the listing to discuss the building's costs and purchase requirements.
Own an apartment here? Request an apartment-specific pricing review.
Financing and purchase requirements
- Maximum financing
- 70% of the purchase priceSource: building management's published schedule, as of October 2026
- Guarantors
- Permitted with conditionsOn a case by case basisSource: building management's published schedule, as of October 2026
- Co-purchasing
- PermittedSource: building management's published schedule, as of October 2026
- Parent buying for an employed child
- Permitted with conditionsOn a case by case basisSource: building management's published schedule, as of October 2026
- Parent buying for a student child
- Permitted with conditionsOn a case by case basisSource: building management's published schedule, as of October 2026
- Purchase or lease by a corporation
- PermittedSource: building management's published schedule, as of October 2026
Sublet and pied-à-terre policy
A condominium owner leasing a unit and a co-op shareholder subletting are different rules, and a building-wide rule is different from a restriction on one apartment. This is the building's rule; confirm it for the specific apartment.
- Subletting by shareholders
- Permitted with conditionsSublet Fee: 25% of Annual maintenance - paid with package Maximum term of 1 year allowed Shareholder must obtain approval in principle from Board before getting a subtenant - (Extreme Hardship only)Source: building management's published schedule, as of October 2026
- Pied-à-terre ownership
- Requires confirmationSources differ. Confirm with building management.
- Short-term rentals
- Not permittedSource: building management's published schedule, as of October 2026
Considering an apartment here? Send Corey the listing to discuss the sublet and pied-à-terre rules for that apartment.
Pets and in-unit washer/dryer
- Pets
- Pets permitted with conditions; species not statedPermitted with permissionSource: building management's published schedule, as of October 2026
- In-unit washer/dryer
- Permitted with conditions$25,000 fee with board approvalSource: building management's published schedule, as of October 2026
Considering an apartment here? Send Corey the listing to confirm the pet and washer/dryer rules for that apartment.
Monthly carrying charges in recent sales
- Maintenance, per room
- $864 per room a monthMedian of 13 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Maintenance, per square foot
- $3.18 per square foot a monthMedian of 8 recorded sales since October 2023Source: recorded sales, refreshed October 2026
Maintenance as recorded with each sale. A co-op's maintenance already covers the building's real estate taxes and the building's own mortgage, if it has one; add your own loan payment for the monthly outlay. A summary of recorded sales, not a current bill; charges change.
Building staffing and amenities
- Doorman
- Full-time doormanSource: The Roebling Team's building profile
- Live-in superintendent
- YesSource: The Roebling Team's building profile
- Elevator
- YesSource: NYC Department of City Planning records (PLUTO)
- Amenities noted
- Fitness room, garden, garage, bike storage, laundry roomSource: The Roebling Team's building profile
Staffing and amenities as our building profile and recent listing records describe them. A feature not listed is not confirmed absent. Outdoor space, parking and some facilities can belong to particular apartments or to a separate owner; confirm access for the specific apartment.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $74,049/yr
- Per unit / month range
- $0 – $39
- Modeled exposure split equally across 159 units (the residential count on the city's lot record). Not an assessed amount; co-op shareholders are typically charged by share allocation.
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City data last refreshed October 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →Facade safety — Local Law 11
The latest available filing classified the facade as SWARMP — Safe With A Repair and Maintenance Program: the inspector (QEWI) identified conditions requiring monitoring or repair, with repairs due by the deadline stated in the filing. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials for you.
How to read this, and where it comes from
QEWI = Qualified Exterior Wall Inspector — a licensed professional engineer or registered architect who meets DOB’s FISP qualifications and signs the report (the independent expert, not the managing agent).
Penalties shown are amounts DOB assessed against filings on record across 2005–10 to 2020–25. The FISP dataset does not record whether they were paid, contested or remain open, so treat the figure as history rather than a current balance and confirm the building’s standing with the managing agent.
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City data last refreshed October 2026.
Recent sales
Recent transfers at this building, from The Roebling Research Library. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Jul 30, 2026 | 16C | 1 BR · 1 BA | $825,000 | -7.8% | |
| Jul 6, 2026 | 2G | 1 BR · 1 BA · 810 sf | $560,000 | $691/sf | -2.6% |
| Jan 12, 2026 | 7W | 3 BR · 2.5 BA | $2,145,000 | -6.5% | |
| Sep 15, 2025 | PHA | 3 BR · 3 BA · 3,100 sf | $1,600,000 | $516/sf | -8.6% |
| Sep 5, 2025 | 12D | 2 BR · 2 BA · 1,515 sf | $2,170,000 | $1,432/sf | -3.6% |
| May 22, 2025 | 3 | 4 BR · 3.5 BA | $4,000,000 | -3.6% | |
| May 2, 2025 | 14B | 1 BR · 1 BA · 800 sf | $815,000 | $1,019/sf | -3.6% |
| Jan 8, 2025 | 3C | 1 BR · 1 BA · 800 sf | $895,000 | $1,119/sf | +0.0% |
Market read. Most recent trades (2026 to date) cleared a median $651/sf (floor-adjusted) across 1 sale. Floor-adjusted means each sale is restated to a constant mix of floors, so the figure can differ from the plain median of the sales listed above. Median listing discount 3.6% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
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 |
|---|---|---|
| Feb 1, 2006 | 12 | $1,800,000 |
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 1-01590-0007). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage on co-ops is not officially recorded, figures shown are approximate.
What would your apartment rent for?
Enter your apartment and I'll send you what it would rent for, from comparable closed leases at One Gracie Terrace and nearby.
At the recent median sale of $1.25M (8 transfers in the past 24 months, since October 31, 2024), a buyer putting 30% down would pay about $50,341 to close, or 4.0% of the price.
- Mansion tax: $12,475
- No mortgage recording tax or title insurance on a co-op purchase
- Building transfer fee (flip tax), 2% of the purchase price, paid by the buyer per building management's published schedule, as of October 2026: $24,950
- Attorneys, lender, building fees and filings: $12,916
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage at the building's 70% financing limit. Confirm the current transfer fee with building management; the linked calculator does not include it.
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What to know if you’re buying
River views and balconies are the headline. The river's-edge position over Carl Schurz Park and the prevalence of balconied apartments are the building's defining advantages, and the eastern exposures are protected from future obstruction.
Financing runs to 70%. That is the documented maximum; confirm with the managing agent whether parental guarantors are accepted.
It is an owner-occupant community. Dogs are welcome, but pied-à-terre ownership and open houses are not permitted — this is a primary-residence building.
On-site amenities add real value. The fitness center, bike room, and storage are free to shareholders, and the garage is a practical advantage in the neighborhood.
What to know if you’re selling
Lead with river views, balconies, and the cul-de-sac calm. The water orientation, private outdoor space, and quiet are the strongest selling points, alongside the free gym, garage, and accommodating financing.
Pricing requires apartment-level comparable analysis. River versus interior exposure, floor altitude, balcony orientation, and renovation drive value more than building averages.
The buyer pool skews toward family and primary-residence buyers. The enclave's calm, the owner-occupant rules, and the amenities draw a particular, motivated demographic.
Closing timelines are co-op standard. Roughly 4–8 weeks from contract to closing, subject to board-package and interview scheduling.
Comparable buildings
If you're considering One Gracie Terrace, also evaluate:
- 60 East End Avenue — nearby East End cooperative
- 180 East End Avenue — nearby East End cooperative on the park
- 525 East 86th Street — nearby Yorkville cooperative
- 535 East 86th Street — nearby Yorkville cooperative near the park
- 444 East 87th Street — nearby Yorkville building
- 401 East 84th Street — nearby Yorkville cooperative
More Upper East Side buildings
- The Black & Whites, 541 East 72nd Street — 1910
- 551 Main Street (Island House) — 1975 co-op
- 625 Main Street (Westview) — 1976 co-op
- 681 Madison Avenue — 1955 co-op
- 701 Madison Avenue (The Leonori) — 1901 condominium
- 721 Madison Avenue — 1908 co-op
The neighborhood
For the full corridor — architecture, transit, and pricing across Upper East Side — read The Roebling Team Guide to Upper East Side.
The full playbook — what goes in the package, how boards read your financials, the interview, and the timeline — plus sample cover, reference, and personal letters you can adapt.
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
Considering a move at One Gracie Terrace?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
646.939.7375 · c.cohen@compass.com