Magnum Real Estate Group today announced that premier condominium building 389 E. 89 — a 33-story residential tower and one of the top selling new development projects on the Upper East Side — is near sellout, with just over 10 percent of its 156 inspired residences remaining. The diverse mix of residences for sale includes one-, two- and three-bedroom homes that are both move-in ready and competitively priced. This includes the last remaining penthouse, which boasts dual, private outdoor spaces of more than 1,200 square feet.
“Our design-savvy residences appeal to a variety of homeowners seeking attractive pricing and the added bonus of being able to move in right away,” stated Magnum Real Estate Group President Ben Shaoul. “These are beautifully appointed homes offering a new vision of modern living in New York’s most storied neighborhood. From the elegant and modern custom finishes to the Manhattan skyline views and robust amenity package, this is an elevated living experience offered at an approachable price point, not readily available in the neighborhood.”
According to Corcoran Sunshine Marketing Group, 389 E. 89th Street reported the most sales on the Upper East Side in 2018 as of the end of the third quarter. The building has continually outperformed the market since it launched sales. Earlier this year, it was named the neighborhood’s top-selling new development project for the second consecutive year. It was also the top selling new development in all of Manhattan in 2016.
Re-envisioned by Australian architect-designer Paris Forino, the spacious residences at 389 E. 89 feature custom finishes, river and city skyline views and an amenity suite including a 24-hour attended private residential lobby, residents’ lounge, children’s playroom, landscaped outdoor terrace replete with grill, fitness center designed by The Wright Fit, and landscaped roof deck with 360-degree panoramic views. Prices range from $1.335 million to $4.485 million for the remaining residences.
The building is ideally situated in the heart of the Upper East Side in close proximity to the best parks, shops, museums, restaurants and primary schools in all of NYC. It is also conveniently located near the new Second Avenue subway.
Occupancy is immediate. For more information please call 212.987.8989 or visit www.389e89.com.
Photography Courtesy of Colin Miller & Scott Frances.
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