$485,000 $495,000
Updated a year ago
Off Market

150 East 61st Street, 8-K

Upper East Side, Manhattan | Lexington Ave & Third Ave

Alcove Studio 1 BathCo-op [Land-Lease]

$485,000 $495,000
Maintenance$1,290

Listing Features

  • Abundant Closets
  • Crown Moldings
  • Entry Foyer
  • Hardwood Floors
  • Moldings
  • Storage Closet
  • Track Lighting
  • Walk-in Closet
  • Adjoining Pantry
  • Dishwasher
  • S Steel Appliances
  • Marble Bathroom

Outdoor space and views

  • City Views
  • Garden 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, 8-K

Step into luxury with this stunning alcove studio in Lenox Hill, where elegance meets modern living. Bathed in natural light, this beautifully updated home features gleaming hardwood floors, elegant crown moldings, and ample storage with five oversized closets. The contemporary kitchen is a chef's delight, boasting marble countertops, abundant cabinetry, and stainless-steel appliances. Enjoy a generously sized sleeping alcove and a luxurious bathroom with modern fixtures and floor-to-ceiling tile. Easily convertible to a junior one-bedroom, this home offers year-round comfort with dual air-conditioning units. Located at 150 East 61st Street, this well-maintained co-op offers 24-hour doorman service, a live-in superintendent, Amenities include: Brand NEW gym (Add'll fee) and community gaming room, laundry room, Spectrum cable & Internet package included, 3 brand new elevators coming soon, building allows pieds-a-terre, co-purchasing, gifting, foreign buyers and parents purchasing for children with board approval. Subletting allowed after a year of ownership with 1–2-year leases. Pet friendly and flip tax is 3%. Regarded as one of New York City’s best land leased buildings, the terms are locked in through 2109 with an ongoing monthly special assessment of $757 which is paid towards the ground lease and applied to "capital improvements", 70% financing allowed and the building has a significantly high TAX DEDUCTIBLE to offset the total monthly charges which is available upon request. 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

Listing History for 150 East 61st Street, 8-K

Now
05/06/2025
$485,000 [-$10,000] [2%]
Price Drop by Irene Bass
Compass
03/17/2025
$495,000
Initial Price by Irene Bass
Compass

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
0.03 miles
59 St
0.06 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 Agent

Contact Agent

Irene Bass
Compass

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: 770571