Manhattan condos $1,629/sf 2%Manhattan co-ops $283K/room 5%Central Park perimeterPark Ave $478K/room 19%CPW $350K/room 5%Fifth Ave $501K/room 19%Billionaires' Row $4,272/sf 24%Tribeca $1,941/sf 2%
Full index →
Cooperative · 1953
One Gracie Terrace
605 East 82nd Street, New York, NY 10028

605 East 82nd Street

605 East 82nd Street, New York, NY 10028

Yorkville, Upper East Side

BBL 1015900007 · BIN 1051381

At a glance
Year built
1953
Type
Cooperative
Units
159
Landmark
No
The Data Room

Every recorded sale at this building, 2003–2026

Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.

1BR median
$560K
Recent range
$500K – $4.2M
Listing discount
4.1%
Recorded transfers
138

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, directly over Carl Schurz Park and the river promenade. 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 means open eastern exposures over the East River and the park, with the permanence that comes from views that cannot be built over. 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.

Local Law 97

Carbon-penalty exposure
🟡
Moderate — under today's cap; material modeled 2030 exposure
2024–2029 annual penalty
$0 (under cap)
2030–2034 annual penalty
$33,702/yr
Per unit / month range
$0 – $18
See full Local Law 97 analysis — emissions history, scenarios, methodology →

Facade safety — Local Law 11

Local Law 11 / FISP · last inspection 2020–25
SWARMP
What this means for you

The latest available filing classified the facade as SWARMP — Safe With A Repair and Maintenance Program: the engineer identified conditions requiring monitoring or repair before the next inspection cycle. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials for you.

Inspection history
2005–10
Safe
2010–15
Safe
2015–20
SWARMP
2020–25
SWARMP
2025–30
Due
Next report due
by Feb 2028
On record
$7,000 in filing penalties
The three grades, in buyer terms
SafeLatest filing: Safe — no repairs required at that inspection.
SWARMPLatest filing: repairs required before the next inspection cycle.
UnsafeLatest filing: unsafe conditions requiring corrective action.

QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent). Source: NYC DOB facade filings (FISP) · The Roebling Research Library.

See the full facade history →

Recent sales

Recent transfers 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.

DateUnitApartmentPricePPSFvs. Ask
Jul 6, 20262G
1 BR · 1 BA · 810 sf
$560,000$691/sf-2.6%
Jan 12, 20267W
3 BR · 2.5 BA
$2,145,000-6.5%
Sep 15, 2025PHA
3 BR · 3 BA · 3,100 sf
$1,600,000$516/sf-8.6%
Sep 5, 202512D
2 BR · 2 BA · 1,515 sf
$2,170,000$1,432/sf-3.6%
May 22, 20253
4 BR · 3.5 BA
$4,000,000-3.6%
May 2, 202514B
1 BR · 1 BA · 800 sf
$815,000$1,019/sf-3.6%
Jan 8, 20253C
1 BR · 1 BA · 800 sf
$895,000$1,119/sf+0.0%
May 22, 202415AK
3 BR · 3 BA
$1,600,000-5.6%

Market read. Most recent trades (2026) cleared a median $661/sf across 1 sale. 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.

14F · 2,200 sf+69%
$1,750,000 2006$1,972,500 ($897/sf) 2011$2,950,000 ($1,341/sf) 2022
8J+48%
$320,000 ($582/sf) 2011$475,000 2020
3B+43%
$560,000 2007$800,000 2023
10E · 927 sf+40%
$619,000 ($668/sf) 2012$866,500 ($935/sf) 2016
4D · 1,550 sf+35%
$1,700,000 2017$2,300,000 ($1,484/sf) 2024

Other recent transfers

DateUnitPrice
Feb 1, 200612$1,800,000
View all 138 recorded transfers, sortable

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) 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 on co-ops is not officially recorded, figures shown are approximate.

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.

The financing posture is accommodating. Up to 70% financing and parental guarantors make this an easier purchase than much of the surrounding co-op stock.

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:

The neighborhood

For the full corridor — architecture, schools, transit, and pricing across Upper East Side — read The Roebling Team Guide to Upper East Side.

Preparing a board package for this building?

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.

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.

Prefer to speak directly? Schedule a consultation →
Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com
Considering a sale?

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.