301 EAST 63 STREET , 2A
Coop · Upper East Side · $230,000
Amazing find located in the heart of the Upper East Side at 63rd Street & 2nd Avenue! This gorgeous alcove studio boasts a spacious layout with a patio in the back, hardwood floors throughout, and an updated kitchen with stainless steel appliances and granite countertops. The luxury building features a full-time doorman, newly renovated lobby, and a beautifully landscaped roof-deck, which was designed by the architect who landscaped the Central Park Zoo. The building is pet-friendly and allows co-purchasing, guarantors, as well as pied-a-terre. Additional features include a garage, bike room, and laundry room. This opportunity is investor friendly as immediate sublets are allowed with board approval.
Financial overview: With over $2M in reserves, the building has a very strong reserve fund. The total monthly carrying costs for the apartment are $1735 (Maintenance + Assessment), which is 63% tax deductible. The apartment is being offered at this incredible price to offset the current assessment of $913. At one time a land lease building, the co-op now owns the land and the assessment is in place for the next 10 years due to the $45M mortgage. Don't miss an opportunity to take advantage of this fantastic value!
WebID: 100867 - Listing Courtesy of Laura Cook