Listing Courtesy of Douglas Elliman Real Estate
$6,500,000
Potential Rebate: $97,500
<p> <strong>Introducing an extraordinary opportunity to own a grand, turnkey townhome on a quiet, tree-lined block of the Upper East Side.</strong></p> <p> <strong> </strong>Originally built at the turn of the century, <strong>518 East 89th Street</strong> is a stately, nearly 20-foot-wide townhouse offering 4,081 square feet of beautifully proportioned living space across multiple levels. With four bedrooms, a dedicated home office (or optional fifth bedroom), and a perfect blend of preserved architectural detail and modern luxury, this residence captures the elegance of classic New York living just moments from Carl Schurz Park and the East River Promenade. This extraordinary home is a perfect balance of elegance, comfort, and modern amenities.</p> <p> <strong>The Parlor Level</strong></p> <p> <strong> </strong>Upon entry, the parlor level immediately sets the tone for the home's grandeur. The stately living room, with its scale and refined detail, flows gracefully into a formal dining room, serviced by a butler's pantry - ideal for both intimate dinners and large-scale entertaining. Soaring ceilings and elegant proportions define this level, creating a lasting impression from the moment you arrive.</p> <p> <strong>The Garden Level</strong></p> <p> <strong> </strong>The garden level serves as the true heart of the home. Here, a large, eat-in kitchen with abundant cabinetry, high-end appliances, and a wine fridge anchors the space. South-facing glass doors open to a private backyard, complete with a fully equipped outdoor kitchen and landscaped setting for al fresco dining. Adjacent to the kitchen, a media room offers a relaxed space for lounging or movie nights while maintaining a seamless connection to the outdoors. </p> <p> <strong></strong></p> <p> <strong> The Private Bedroom Floors </strong></p> <p> <strong> </strong>The upper levels of the residence are devoted to private quarters. Each bedroom is thoughtfully designed with its own ensuite bath and generous closet space, ensuring comfort and privacy for family and guests alike. A flexible home office easily converts to a fifth bedroom, allowing the layout to adapt to modern needs.</p> <p> <strong>The Lower Level</strong></p> <p> <strong> </strong>The lower level adds versatility and function, with a spacious recreation room, generous storage including a cedar closet, and a full laundry room. A <strong>cave à vin</strong> - a French-style wine cellar designed with optimal conditions for storing and aging a fine collection, making it a true highlight for any wine enthusiast. </p> <p> A truly remarkable place to call home!</p>
$36,739 per month
30 year fixed, 6.28% Interest
One-time rebate at closing
$97,500
Monthly savings impact
$271/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
2.5%
Experience
Member
Listings
RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Douglas Elliman Real Estate
Data Source: TRESTLE #RLS20050405

Compare average listing prices and value metrics for 518 East 89TH Street against the surrounding Yorkville market.
than the Yorkville price-per-sq-ft average
This building commands a premium compared to the neighborhood baseline. This typically indicates superior amenities, newer construction, or prime positioning within Yorkville.
Yorkville is the eastern UES. For buyers seeking Yorkville Manhattan real estate, it offers quiet streets.
Living in Yorkville is classic. As a Manhattan NYC neighborhood, it is residential.
Homes for sale in Yorkville are value co-ops.
The lifestyle is family-centric.
Q train revolutionized it.
Carl Schurz Park.
Families.

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