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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Building Features 16 Floors166 Units

elevator
full time doorman
bike room
garage
laundry
parking
pet friendly
roofdeck
storage
View all 9 building features

$260,000 / $577 per ft²

Sold: Jan 21, 2016

18.18% above ask / 29 Days to Sell

Studio / 1 Bath - / 450 ft²

Total Monthly Expenses: -

Exclusively listed with: Douglas Elliman Real Estate

Dorian Nasto

dorian.nasto@elliman.com

212-891-7683

Listing Courtesy of Douglas Elliman Real Estate View Listing

Unit listing history

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