301 East 63 Street   Unit 12L

Contract Signed! No longer a land lease, and with the Second Avenue Subway just a block away, 301 E. 63rd St., 12-L, offers a charming, cozy, north-facing studio in a full-service, pet-friendly, doorman building. Closets galore, a separate kitchen, full-sized bath, and a 45.97% tax deduction on maintenance of $1,754.67 make a very attractive opportunity for an end-user, or investor: Subletting is permitted from day one of ownership! The maintenance reflects the Corporation's purchase of the underlying land, and the current amount continues thru July 31st, 2023, when it will be adjusted based on the loan balance at that time. We have a live-in Superintendent, a terrific, friendly staff in a Post-War, 15% down coop that considers co-purchasers, guarantors, pied-a-terre's, and gifting with board approval. The lobby is renovated, the basement laundry is upgraded with all new machines (Sorry, washer/dryers are not permitted in the apt's.), the elevators have been completely overhauled, and the landscaped roof-deck has views for days & can be reserved for entertaining. Bike storage is available for a one-time fee, and each home is allocated its own space in a secure storage room. Area amenities in profusion include a market rate garage right next door, and just down the street The East Side Elementary School offers Pre-K thru grade 5. Come see!