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150 East 61st Street, #8B

$420,000 ($646 per ft2) | Studio, 1 bath | Approx. 650 ft2
Building Profile  | 
19 days on Market

Key Details

  • Listed: Nov 2, 2024
    Days on Market: 19
    Building Type: Condop
    Neighborhood: Lenox Hill (Manhattan)
    Doorman: FT Doorman
    Listing viewed 1,054 times
Monthly Maintenance: $1,189 ($1.83/ft2)
Est. Monthly Mortgage: $1,950
Total Est. Monthly Carrying Cost: $3,139 ($4.83/ft2)
Note: the above is based on a down payment of 30% ($126,000), which is the minimum amount permitted by the building.

Description

SELLER Motivated - FULLY renovated bright, sun-filled oversized alcove studio which can easily be converted to a ONE bedroom is located in a full-service 24-hour doorman Coop in the heart of the Upper East Side. Regarded as one of New York City’s best LAND LEASES, the terms are locked in for the next 99 YEARS with an ongoing monthly special assessment of $697.56 which is paid towards the ground lease. 70% financing allowed and the building has a significant TAX DEDUCTIBLE to offset the monthly charges which is available upon request. -- The spacious living area can easily accommodate a dining table and home-office setup.

The alcove is large enough for a queen size bed with nightstand(s) and the wall of windows allows for excellent natural light throughout the day with an open view. -- The renovated kitchen features brand new stainless-steel appliances including a 24" built in microwave, Quartz countertops, a large pantry closet and 2 Lazy Susan’s. -- The bathroom is stylishly renovated and includes 2 storage cabinets, and a large closet.

Additional features: Updated electrical throughout, new plumbing, S/E exposure, an abundance of 5 closets with storage above; sanded and stained parquet wood floors in a walnut finish, new light fixtures and freshly painted. You can move right in! Centrally located at the corner of 61st & Lex on a beautiful tree-lined block, enjoy incredible access to numerous bus routes and subways including the N/Q/R/W/4/5/6/F trains. Central Park, Bloomingdales, Fifth Avenue shops and incredible restaurants and nightlife are all at your doorstep.

Not to mention Trader Joe’s and Whole Foods are nearby as well. The building allows pieds-a-terre, co-purchasing, gifting, foreign buyers and parents purchasing for children with board approval. Subletting: Leases are allowed after a year of ownership and is limited to 2 years.

The building flip tax is 3%.

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Listing courtesy of Compass

Pricing History

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About 150 East 61st Street

50

150 East 61st Street has received a CityRealty Rating of 50, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

20
Out of 44
+
19
Out of 36
+
11
Out of 39
=
50
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Attractive 4 out of 8 points
Retail Quality:
Good 3 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
No, but OK 1 out of 3 points
Skyline:
Exists 1 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Enclosed 1 out of 2 points
Airconditioners:
Allowed and Present 0 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
Exists 1 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Attractive / Pleasant 3 out of 5 points
Distance To Neighborhood Center:
More than 50 blocks 0 out of 5 points
Views:
Open 2 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Considerable 1 out of 3 points
Protected Views:
Only Top Floors 1 out of 2 points
Distance To Subway:
Less than 3 Short Blocks 2 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
3-5 Short Blocks 1 out of 2 points
Distance To Park:
More than 6 Short Blocks 0 out of 2 points
Distance To Water:
More than 6 Short Blocks 0 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Quite Stylish 3 out of 5 points
Units Per Floor:
5-9 2 out of 5 points
Ceiling:
8-9 Feet 1 out of 4 points
Balconies:
Some 1 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Minimal 1 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
None 0 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
Yes 1 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
No 0 out of 1 points
Prewar:
No 0 out of 1 points
Other Amenities:
Some 1 out of 2 points

Building Amenities

  • FT Doorman
  • Post War
  • Resident Storage
  • Full Service Garage
  • Washer/Dryer in building
  • Elevator

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Pros
  • Doorman
  • Convenient to midtown- many restaurants and boutiques
  • Basement storage
  • Some terraces
  • Nice entrance
  • Sidewalk landscaping
  • Garage
  • Close to Subway
Cons
  • No health club
  • Considerable traffic
  • No balconies
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Subways

  1. N
  2. Q
  3. R
  4. 4
  5. 5
  6. 6
at 3rd Ave and 60th 0.04 miles
  1. F
at Lexington Ave and 63rd 0.11 miles
  1. M
  2. E
at Lexington Ave and 53rd 0.41 miles

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