The Regency East at 301 East 64th St. #17B

On a semi-private floor of only three apartments, Apt. 17B enjoys direct sun in all its rooms. With an 11 ft. × 12 ft. formal dining room, easily convertible to a third bedroom, the windowed kitchen features Sub-Zero and Kitchen Aid stainless appliances, granite counters and Shaker custom cabinetry. And over 7 ft. of additional granite counter and storage is continued into the living room. The king size Master suite features a generous walk-in closet and its bath, a comfortable stall shower. With an additional walk-in in the second bedroom and 9 ft. of hallway closets, the home provides tremendous storage. And, as of this year, the Corporation will permit washers and dryers upon review.

Regency East is among a select number of buildings that CREDITS SHAREHOLDERS of primary residences the annual NYC Condo and Coop Tax Abatement. Net of this tax abatement ($4,688 this year), the $2,999 maintenance averages $2,608.. Monthlies are reduced additionally from 53% tax deductibility and a bulk discount for both electric and cable.

Regency East is a 100% shareholder owned cooperative, built in 1963 and converted in 1987, with exceptional financials, 80% financing, no flip tax, central air conditioning and heating, a common laundry, a new market to come, a parking garage and both Verizon fios and Spectrum service providers. Recently, Regency East’s infrastructure was completely upgraded (i.e. a dual natural gas/refined heating oil system, new chiller for the central air and the elevator systems). Currently, the hallways are being completely renovated with the lobby to follow thereafter. The Corporation owns the land and the four commercial leases, permits co-purchasing, pied-a-terre ownership and has flexible subleasing. Notable amenities in the immediate area: Barry’s Boot Camp and drybar across the street, Purre Barre fitness, Health Nuts, CVS and Duane Reade (both open 24 hrs.) on Second Ave., Massage Envy on 63rd St., and 5 Zipcar garages, 2 Equinox Health Clubs, SoulCycle and Flywheel within 3 blocks of the building.