150 East 61st Street
Apartment #8B
$420,000 Price
- Bedrooms   1.0 Bath

150 East 61st Street, Upper East Side, NYC

SELLER Motivated - FULLY renovated bright, sun-filled oversized alcove studio which can easily be converted to a ONE bedroom is located in a full-service 24-hour doorman Coop in the heart of the Upper East Side. Regarded as one of New York City’s best LAND LEASES, the...

SELLER Motivated - FULLY renovated bright, sun-filled oversized alcove studio which can easily be converted to a ONE bedroom is located in a full-service 24-hour doorman Coop in the heart of the Upper East Side. Regarded as one of New York City’s best LAND LEASES, the terms are locked in for the next 99 YEARS with an ongoing monthly special assessment of $697.56 which is paid towards the ground lease. 70% financing allowed and the building has a significant TAX DEDUCTIBLE to offset the monthly charges which is available upon request. -- The spacious living area can easily accommodate a dining table and home-office setup. The alcove is large enough for a queen size bed with nightstand(s) and the wall of windows allows for excellent natural light throughout the day with an open view. -- The renovated kitchen features brand new stainless-steel appliances including a 24 built in microwave, Quartz countertops, a large pantry closet and 2 Lazy Susan's. -- The bathroom is stylishly renovated and includes 2 storage cabinets, and a large closet. Additional features: Updated electrical throughout, new plumbing, S/E exposure, an abundance of 5 closets with storage above; sanded and stained parquet wood floors in a walnut finish, new light fixtures and freshly painted. You can move right in! Centrally located at the corner of 61st & Lex on a beautiful tree-lined block, enjoy incredible access to numerous bus routes and subways including the N/Q/R/W/4/5/6/F trains. Central Park, Bloomingdales, Fifth Avenue shops and incredible restaurants and nightlife are all at your doorstep. Not to mention Trader Joe’s and Whole Foods are nearby as well. The building allows pieds-a-terre, co-purchasing, gifting, foreign buyers and parents purchasing for children with board approval. Subletting: Leases are allowed after a year of ownership and is limited to 2 years. The building flip tax is 3%.

Courtesy of Compass

Floorplan for 150 East 61st Street, 8B

Floorplan for 150 East 61st Street, 8B

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* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

Upper East Side, NYC
Type: Cooperative
Price: $420,000
Maintenance/CC: $1,189
Web ID: 1072794207

Info & Amenities

Type: Co-op
Rooms: 2.0
Bathrooms: 1.0
Built: 1960
Pets allowed: Yes

Map of Area for 150 East 61st Street 8B

Get to Know Upper East Side

The Upper East Side is a prestigious residential neighborhood in Manhattan known for its historic charm, tree-lined streets, and cultural attractions. It encompasses the Museum Mile, featuring renowned institutions like the Metropolitan Museum of Art and the Guggenheim Museum. The area exudes an elegant and sophisticated atmosphere, attracting families, professionals, and art enthusiasts.

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