Total Est. Monthly Carrying Cost:
$3,804 ($6.09/ft2)
Note: the above is based on a down payment of 30% ($172,500),
which is the minimum amount permitted by the building.
Description
This impeccably renovated, south facing one bedroom home awaits you to move right in. Boasting with natural light and unobstructed city views, at the crossroads of one of the most coveted tree lined Lenox Hill streets, this is an opportunity not to be missed.
The owners embellished the space with high end tech such as a wifi/phone enabled Bowers & Wilkins surround sound system in both the living room and bedroom (Marantz and Sonos), custom automated Hunter Douglas window treatments, and a Crestron home automation system which uses a centralized universal remote to control it all from smart tvs, sound, window treatments, and more. All cables were seamlessly run behind walls providing a clean, modern finish.
A designers touch is seen in the details such as all new fixtures, new five inch wide oak wood flooring, and recessed lighting.
The bathroom ensuite has matching Calacatta marble tile throughout, whereas the kitchen shines with brand-new stainless steel appliances, new cabinetry, a designer backsplash, and a solid single cut granite countertop.
Efficiency was a top priority when adding closet space, for a total of six large interior custom built closets. If thats not enough the building also has additional storage for rent.
New HVAC units were also installed.
The buildings location is absolutely prime; around the corner from the 4, 5, 6, N, R, and W subway lines, two blocks from the Q and F line, and Citibike down the street. Residents are a short walk away from Central Park, as well as endless great restaurants and shops, including Whole Foods and Bloomingdales. 150 East 61st Street is beautifully maintained, and has been thoughtfully upgraded with all new amenities, including a fitness center, a stunning lobby renovation and great common spaces.
Lets not forget to mention, the doormen and staff are superb!
This is a very well-run coop on top of their financials. The physical condition of the building is excellent, with all necessary capital improvements completed thus far.
Though it is a land-lease building, it does not suffer from the problems sometimes associated with such coops. The lease was re-negotiated in 2010 and runs until 2109, decreasing uncertainty for the next 90 years. Pets, Pied-a-terres, guarantors and overseas buyers are permitted.
16A's maintenance is $1,132.4, the land lease poses as a special assessment which is additional $491.71 a month.
Maintenance is 42% tax deductible and the land lease abstract is available for review at request.
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