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Archive Lofts, 305 East 61st Street, #PH1

$11,600,000 ($3,135 per ft2) | 5 beds, 5 baths | Approx. 3,700 ft2
Building Profile  | 
286 days on Market

Key Details

  • Listed: Jan 24, 2024
    Days on Market: 286
    Building Type: Condominium
    Neighborhood: Lenox Hill (Manhattan)
    Doorman: FT Doorman
    Listing viewed 556 times
Monthly Common Charges: $7,983
Monthly Real Estate Taxes: $4,682
Total Taxes & Fees: $12,665 ($3.42/ft2)
Est. Monthly Mortgage: $61,491
Total Est. Monthly Carrying Cost: $74,156 ($20.04/ft2)
Note: the above is based on a down payment of 20% ($2,320,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Location and Price: This luxurious condominium is located at 305 East 61st Street, #PH1 in the prestigious Lenox Hill neighborhood and is listed for $11,600,000, which equates to $3,135 per square foot.
  • Size and Layout: The property spans approximately 3,700 square feet and features 5 bedrooms and 5 bathrooms, along with an expansive 1,800 square foot private terrace with an outdoor kitchen. The condo also boasts south, east, west, and north exposures, and 11-ft ceilings.
  • Interior Details: The condo is elegantly designed with 5-in wide plank engineered oak floors in a chevron pattern, a state-of-the-art kitchen with Miele appliances, Colorado marble waterfall island, Siematic integrated Graphite Grey cabinetry, and Signature polished nickel fixtures. It also includes a wet bar with black marble countertops, additional wine refrigerator, and illuminated wine wall storage.
  • Master Suite: The primary suite features two oversized walk-in closets, an additional Library/Home Office, and a dual-vanity bathroom with a deep soaking Kohler infinity tub and separate glass walled shower.
  • Building Details: The building, which was built in 1905 and converted in 2024, has a full-time doorman, 24-hour attended lobby, fitness studio, bicycle storage, resident lounge, and a furnished roof deck with a wet bar and outdoor grill. It houses 35 apartments across 11 floors.
  • Financials: The monthly common charges are $7,983, with real estate taxes amounting to $3,718, bringing the total taxes and fees to $11,701 per month.

Description

Archive Lofts, where Tribeca-style living meets an East side address. This one-of-kind loft conversion that refashions a historic former art warehouse, discreetly tucked away in Lenox Hill. Archive Lofts delivers something completely unexpected: a rare opportunity to experience character and downtown atmosphere unlike anything else uptown.

Archive Lofts offers 35 top-of-the-line condominium residences developed by Forkosh Development Group, with interiors by Forkosh Design Group, and architecture by C3D.

Residence PH1 is a spacious 3,700 SF five-bedroom five-bathroom full-floor residence featuring 1,800 SF of private terrace and impressive outdoor kitchen. This exceptional home offers south, east, west and north exposures, 11-ft ceilings, 5-in wide plank engineered oak floors in a chevron pattern, and a keyed elevator entry.

The state-of-the-art kitchen features a Miele appliance suite including wine refrigerator, garbage disposal, instahot water heater, Colorado marble waterfall island, Siematic integrated Graphite Grey cabinetry, and Signature polished nickel fixtures.

The gracious layout features an open kitchen with large island leading to both formal and informal dining, a separate area fully dedicated to entertaining complete with wet bar that features stunning black marble counter tops, additional wine refrigerator and stunning illuminated wine wall storage amongst an expansive 49-foot living room. All windows feature Juliet balconies that welcome in an abundance of natural light as well as floor-to-ceiling sliding glass doors.

The primary suite features an two oversized walk-in closets, additional Library/Home Office, and a dual-vanity bathroom, with a deep soaking Kohler infinity tub and separate glass walled shower, finished in Venatto porcelain honed floor and polished wall tile with Italian marble accent, and polished nickel fixtures.

Additional features include a top-of-the-line Miele washer-dryer, an abundance of storage and closet space, as well as radiant heat in all full bathrooms.

Archive lofts offers a curated list of private amenities including a 24-hour attended lobby, fitness studio, bicycle storage, resident lounge, and a furnished roof deck complete with a wet bar and outdoor grill.

The complete offering terms are in an offering plan available from sponsor.

File No. CD-16-0217. Sponsor ASF 61 LLC c/o Coral Realty 400 Broome Street, 11th Floor New York, New York 10013. Equal Housing Opportunity. Purchasers may rely only on the Offering Plan, not marketing materials, when deciding whether to purchase a Unit. Sponsor reserves the right to make changes in accordance with the terms of the Offering Plan.

The projected real estate taxes for the first year of operation contained in this advertisement are based on an assessment of the building before construction is complete.

Purchasers are advised that real estate taxes may increase materially when the building is reassessed after construction is complete. Note: photography is of the exact or similar unit represented within the building.

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Apartment Amenities

  • Balcony
Listing courtesy of Corcoran Sunshine Marketing Group

Pricing History

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About Archive Lofts, 305 East 61st Street

Building Amenities

  • Conversion Year: 2024
  • Attended Lobby
  • FT Doorman
  • Rooftop Terrace
  • Elevator
  • Mail Room
  • Lounge
  • Fitness Center
  • Outdoor Entertainment Space
  • Bike Room
  • Terraces / Balconies

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Subways

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  3. R
  4. 4
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  6. 6
at 3rd Ave and 60th 0.24 miles
  1. F
at Lexington Ave and 63rd 0.26 miles
  1. M
  2. E
at Lexington Ave and 53rd 0.44 miles

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