$395,000
Updated 2 years ago
Sold

150 East 61st Street, 15-A

Upper East Side, Manhattan | Lexington Ave & Third Ave

Alcove Studio 1 BathCo-op [Land-Lease]

$395,000
Maintenance$1,237

This property was sold for $395,000 on 03/11/24.

Listing Features

  • Abundant Closets
  • Crown Moldings
  • Custom Closets
  • Custom Lighting
  • Entry Foyer
  • Hardwood Floors
  • Moldings
  • Refinished Floors
  • Storage Closet
  • Walk-in Closet
  • MultiPaned Windows
  • Oversized Windows
  • Wall of Windows
  • Dishwasher
  • Microwave
  • Open Kitchen
  • Pass Thru Kitchen
  • S Steel Appliances
  • Soaking Tub

Outdoor space and views

  • Skyline Views
  • South Exposure

Building Amenities

  • Full-Time Doorman
  • Bike Storage
  • Elevator
  • Garage
  • Laundry Room
  • Storage

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 150 East 61st Street, 15-A

Move-in ready, South-facing oversized alcove studio, located within a full-service 24-hour doorman cooperative building in the heart of the Upper East Side.

This value-oriented property is offered at an incredible price. This bright and sun-filled renovated home easily converts into a 1-bedroom with walk-in-closet. The open kitchen with bar top seating is perfect for entertaining and features high-end stainless-steel appliances including a Bertazzoni range and 24" Bosch dishwasher. The spacious living area can easily accommodate a dining table and work from home setup, all while the bedroom is nestled away in the corner of the home. The South-facing wall of windows allows for excellent natural light all throughout the day and even offers incredible Midtown skyline views. The bathroom is equipped with beautiful floor-to-ceiling tile and a deep soaking tub with modern glass shower door enclosure.

150 East 61st Street is a superbly managed full-service co-op with excellent financials and a live-in resident manager. Building amenities include: 24-hour doorman, fitness room, resident's lounge, central laundry, bicycle room, private storage, and on-site parking garage. The building is pet friendly as well. Benefit from the many capital improvements the building has already completed and paid for including: renovated lobby and hallways, new central A/C equipment and risers, Local Law 11 facade repair work, new roofs, and modernized elevators.

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 is allowed after a year of ownership and is limited to 2 years max. The building flip tax is 3%.

Regarded as one of New York City's best land leases, the terms are locked in for the next 86 years. The lease extends through 2109! Please note: there is an ongoing monthly special assessment of $726, which is paid towards the ground lease.

Listing History for 150 East 61st Street, 15-A

Now
03/11/2024
$395,000
Sold and Closed by Scott Harris
Brown Harris Stevens
2024

Building Details for 150 East 61st Street

OwnershipCo-op [Land-Lease]
Building TypeMid-Rise
Service LevelFull-Time Doorman
AgePost-War
AccessElevator
Year Built1960
Financing Allowed70%
Floors/Apts16/128
Learn More About the Building

Transit and Citi Bike

Subway

Lexington Av/59 St
0.04 miles
59 St
0.07 miles
Lexington Av/63 St
0.11 miles
5 Av/59 St
0.35 miles
68 St-Hunter College
0.38 miles

Citi Bike

3 Ave & E 62 St
0.09 miles
E 63 St & 3 Ave
0.14 miles

Contact Agents

Contact Agents

Scott Harris
Brown Harris Stevens
Jonathan Goldstein
Brown Harris Stevens

Upper East Side | Manhattan

Quick Profile

Exuding a cosmopolitan, refined air that is reminiscent of Paris or other European cities, the Upper East Side (the UES, to local cognoscenti) has a reputation as being a bastion of wealth and privilege. Even though it was built by American “royalty” families like the Vanderbilts, Roosevelts, Kennedys, Carnegies and Rockefellers, whose elaborate mansions once anchored Fifth Avenue, there are affordable housing options throughout the neighborhood. The further east you move, away from Central Park and the more commercial avenues, the more likely you are to find quiet, tree-lined streets with historic townhouses and brownstones. Keep your eye out for reasonably priced apartments in pre-war low-rise and even a few high-rise buildings.

With abundant, beautifully landscaped green spaces, including the oasis of Central Park acting like a backyard, the area is quiet and lushly green. You can relax and unwind in John Jay Park, Carl Schurz Park or take a stroll along the East River Promenade. The whole neighborhood seems isolated from the workaday chaos of the city at large. Add to that the history of the neighborhood and the abundance of cultural institutions, and you have a uniquely welcoming neighborhood.

Known for its abundance of high-end retail shopping, especially on Madison Avenue, the Upper East Side is host to the Barneys New York flagship department store. Here you can find upscale goods, fashion and home decor items. You will also find the edgy runway-inspired Alexander McQueen collections. If you are dying to treat your feet to red-soled opulence, be sure to visit the Christian Louboutin boutique. These are only a small sampling of this high-end shopper’s paradise that features everything from designer boutiques that offer the ultimate in haute couture to resale shops where you can find last season’s best on sale at hefty discounts .

There are many unique dining experiences, from fine dining to the casual bite-on-the-go, awaiting you in the UES. Sushi is going through a renaissance in the city, and the best omakase-style sushi can be found at Sasabune on E 73rd Street. Omakase sushi means that you leave the choice of ingredients, preparation method and presentation to the chef. Elegant French cuisine can be experienced at JoJo, E 64th Street, housed in gorgeous townhouse. Just for fun, visit the Lexington Candy Shop on Lexington Avenue, to get a taste of an old-fashioned soda fountain.

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.
OLR ID: 1537862