The Regency East at 301 East 64th St. #12J

Back on the Market and now exclusively represented by the Corcoran Group. This classic studio, with open eastern City views, faces north and is absolutely cul-de-sac quiet. With solid oak floors, 3 closets (and room for more), built-in storage and central air, the 7 1/2′ × 7 1/2’ galley kitchen features hardwood cabinetry and granite counters with dining space in the foyer. As you enter the traditional 5′ × 7′ bathroom, you’ll find a dedicated linen closet.

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 for Apt. 12J ($1,710 this year), the $1,094 maintenance averages $952 per month (a savings of $142). Monthlies are further enhanced by 53% tax deductibility and a bulk discount for both electric and cable. As of this year, washers and dryers are permitted upon the review and approval of the Board.

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 parking garage and both Verizon fios and Spectrum service providers. 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 gut renovated with the lobby to follow thereafter (all paid for). The Corporation owns the land and the four commercial leases, permits guarantors & gifting, select 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.