150 East 61st St. #5H

Unparalleled Value

Welcome to Apt 5H at 150 East 61st Street – a pristine sun-flooded 3-bedroom, 2-bathroom in a full-service co-op.

The entry foyer, which features three sizable closets for coats and storage, leads to a large living room facing north onto East 61st Street. Large enough for separate living and dining areas, the living room is open to a modern kitchen with stainless steel appliances and a breakfast bar for informal dining.

The primary bedroom is adjacent to the living room and boasts an ensuite bath and three generous closets. Located at the opposite end of the apartment, a second bedroom faces East and South for sun all day long, and features a double closet and easy access to a hall bath. A third smaller bedroom would function nicely as a nursery or home office.

In-unit washer/dryer and a plethora of closets complete this lovely apartment.

150 East 61st Street is a well-maintained co-op with 24-hour doorman, live-in resident manager, fitness center, basement storage, on-site parking garage, common laundry room and bike room.

This land-lease building has excellent financials, and its lease runs to June 30, 2109 with very favorable terms. The current monthly maintenance for the apartment is $2,431.13, plus a monthly assessment of $1,267.98 to cover the operating costs of the building as well as fund capital projects.

The building allows pets, pieds-a-terre, co-purchasing, gifting and parents buying for children with board approval. 70% financing is permitted, and there is a 3% flip tax.