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Available for the first time in over three decades, this extraordinary Gracie Square residence offers the rare opportunity to live directly on one of Manhattan's most treasured park-front enclaves.
Built in 1929 by George B. Post & Sons under the supervision of Rosario Candela, 7 Gracie Square is among the Upper East Side's most coveted white-glove cooperatives. Perfectly positioned where Carl Schurz Park becomes your front yard and the East River promenade becomes your quiet moment of fresh air before conquering the day, this sprawling home offers approximately 2, 850 square feet of timeless New York living set across 2 levels. This is the kind of gracious scale rarely found today, and even more rarely paired with such warmth. Deeply loved by the same family for over 30 years, this is a home designed not simply to impress, but to be truly lived in.
With private entry from either the second or third floor, the home offers remarkable functionality for daily life, whether accommodating strollers, luggage, staff access, or welcoming guests into the entertaining level.
The second floor is designed beautifully for gathering. A grand formal living room sets the stage for cocktails, conversation, and effortless entertaining before flowing into the formal dining room, where holidays, celebrations, and everyday memories are made around the table. The well proportioned kitchen keeps the work of hosting tucked away when desired, featuring Sub-Zero and Wolf appliances, extensive custom cabinetry, and a built-in breakfast bar for casual mornings at home.
Throughout the home, nearly nine and a half ft ceilings and 24 oversized windows create a remarkable sense of volume, reinforcing the gracious proportions that define prewar architecture at its finest.
Upstairs, the home shifts into a more intimate rhythm. Anchored by a wood-burning fireplace, the expansive informal living room is the heart of everyday life, the kind of space where board games become tradition, puzzles are assembled fireside, and movie nights become sacred ritual.
The bedroom wings are thoughtfully separated for privacy. The east wing features two oversized bedrooms (including the spacious primary suite), each with ensuite baths, walk-in closets, and built-in bookshelves. The west wing offers a third generously scaled ensuite bedroom, plus a fourth bedroom or ideal home office/guest room with adjacent powder room. An additional flexible home office provides exceptional versatility for remote work, hobbies, study, or overflow guest space, and includes the oversized washer and dryer.
The home has central air conditioning and comes with two storage units with the purchase. A bike storage room is available for residents' use.
Life at 7 Gracie Square extends far beyond the residence itself. This distinguished full-service cooperative is known for its welcoming, dog-friendly culture (your pup may quickly develop its own relationship with the doorman's treat stash), while offering a 24-hour doorman, concierge, live-in superintendent, fitness center, and bike storage, all within one of the Upper East Side's most quietly coveted enclaves.
Carl Schurz Park is more than a beautiful backdrop-it is an extension of home. As the site of New York City's oldest park conservancy, the park offers sprawling green lawns, waterfront promenades, playgrounds, year-round cultural programming, movies, music, art events, beloved dog Halloween costume parties, newly renovated dog runs, and of course, Gracie Mansion itself.
This is a neighborhood that feels deeply residential yet wonderfully connected, with beloved nearby favorites including Felice 83, Quatorze, Arturo's, Five Lamps Tavern, Gazette, Eat Pretty, Black Star Bakery, L. B. Coffee, and neighborhood institution Agata & Valentina, with easy access to the FDR and the Q train just moments away.
Co-op allows financing up to 50%, co-purchasing, and gifting. Pet-friendly.
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
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Our Executive Mortgage Banker:
$2,750,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $2,200,000 | $2,200,000 | $2,200,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.361% | 6.183% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $12,491 | $13,546 | $18,565 |
| Total Monthly Payment | $12,616 | $13,671 | $18,690 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.