Move-in ready, South-facing oversized alcove studio, located within a full-service 24-hour doorman cooperative building in the heart of the Upper East Side.

This value-oriented property is offered at an incredible price. This bright and sun-filled renovated home easily converts into a 1-bedroom with walk-in-closet. The open kitchen with bar top seating is perfect for entertaining and features high-end stainless-steel appliances including a Bertazzoni range and 24" Bosch dishwasher. The spacious living area can easily accommodate a dining table and work from home setup, all while the bedroom is nestled away in the corner of the home. The South-facing wall of windows allows for excellent natural light all throughout the day and even offers incredible Midtown skyline views. The bathroom is equipped with beautiful floor-to-ceiling tile and a deep soaking tub with modern glass shower door enclosure.

150 East 61st Street is a superbly managed full-service co-op with excellent financials and a live-in resident manager. Building amenities include: 24-hour doorman, fitness room, resident's lounge, central laundry, bicycle room, private storage, and on-site parking garage. The building is pet friendly as well. Benefit from the many capital improvements the building has already completed and paid for including: renovated lobby and hallways, new central A/C equipment and risers, Local Law 11 facade repair work, new roofs, and modernized elevators.

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 is allowed after a year of ownership and is limited to 2 years max. The building flip tax is 3%.

Regarded as one of New York City's best land leases, the terms are locked in for the next 86 years. The lease extends through 2109! Please note: there is an ongoing monthly special assessment of $726, which is paid towards the ground lease.