Description
Spectacular, sunny, and specious gorgeous alcove studio, situated in a fabulous and full service Upper East Side Cooperative. This lovely alcove studio presents a spacious layout, hardwood floors throughout, and an updated kitchen. Newly renovated with inescapable light exposures. The spacious living room is complimented by a windowed dining alcove, allowing for a separate dining area or a one bedroom. The apartment is situated in one of the quiet lines of the building which provides tranquility and privacy. The apartment features 4 incredible closets, which provide a generous closet space. 301 East 63rd features a recently renovated contemporary chic lobby designed by Ephelind Coblin Architects. The building offers 24 hour doorman, private garage, common storage room, bike room, and laundry room. The building is pet friendly, and incredibly lenient with subletting, allowing for unlimited subletting from the time that you close on the unit with board approval. Please note, the building was a land lease and recently purchased the land and the assessment is in place for the next 10 years due to the $45M mortgage. As a result, there is an assessment in place for this home in the amount of $944 plus the monthly maintenance of $849, for a total monthly carry of $1793, which is 63% tax deductible. The apartment is being offered at the incredible price of $220,000 to offset the present assessment. Over $2Mm in reserves, the building has a very strong reserve fund.
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