301 East 63rd Street 17HJ

New York, NY, 10065

$950,000

$950,000
Active
Active
 - For Sale
beds
3 Beds
baths
2 Baths
property_type
Co-op
calendar
Built 1958
NO MANSION TAX - Priced under 1 million! 3 bed / 2 bath + home office on the top floor is classically renovated and move in ready. Enjoy tons of light in the living area, a windowed kitchen that flows effortlessly into the dining space, large entry way / foyer and hardwood floors throughout! There are three exposures: Western, Northern & Eastern and seven closets including 2 walk-in closets and a home office that could also be turned into a laundry room. (Washer / dryers are now permitted in combination units where either a kitchen or bathroom has been removed – with board approval). Closets are outfitted beautifully by California closets. The 2 larger bedrooms can easily fit a king size bed and the primary bedroom over 2nd Avenue has CitiQuiet Soundproof windows and a custom designed CitiQuiet AC cover. You will sleep soundly in the most convenient location on the UES! The primary bathroom is elegant and luxurious featuring white tiles, an over-sized shower and soaking tub. The kitchen features white cabinetry, black granite countertops and stainless appliances. There is a built-in wine fridge, dishwasher, microwave and Wolf stove. New wall air conditioning units were installed and there is a home theatre in the living room with built in wall speakers. 301 East 63rd Street is conveniently located 1 block away from the subway, 3 blocks from the water and about 10 minutes from Central Park (the zoo is at 64th). Enjoy easy proximity to Bloomingdale’s, Trader Joe’s, Whole Food and day to day shops + favorite restaurants like JoJo by Jean-Georges, Scalinatella, Le Bilboquet and many casual hot spots and outdoor dining. Building amenities include: Full Time Doorman, Laundry Room, Bike Storage ($25 annually), Resident Super, Pet Friendly (1 dog up to 40lbs – cats ok) and a landscaped Roof Deck (can be rented privately). There is NO maintenance increase for 2022 (9th consecutive year despite increases in labor, taxes and supply costs). Heat, water and gas are also included in the maintenance. The building allows pied-a-terre, gifting, guarantors, parents buying for children and co-purchasing (pending board approval). Sublets permitted. 301 East 63rd Street is NOT A LANDLEASE. The land IS OWNED BY THE COOP. The maintenance includes principal and interest payments for the ‘mortgage on the land from the land purchase’. The higher maintenance means that apartments are priced below comparable apartments in the neighborhood to offset the monthly. All capital improvements have been paid for with reserves – NO ASSESSMENTS currently or planned. The original mortgage from the land purchase was in excess of $51,000,000. The corporation refinanced the amount of $39,800,000 on March 11, 2020 at a “ FIXED RATE of 3.4%” for 10 years with a 30 year amortization schedule. There is also an option to extend for an additional 5 years at a specifically defined formula. The mortgage balance was $37,781,685 by EOY 2021! Bulk rate cable & internet offered at $61.34 through Spectrum to shareholders. Bulk rate deal on electric as well. For more details SEE building description.
MLS® ID:
3837545
Listed:
6/22/22
Updated:
7/5/22
Sotheby’s International Realty®
The Stein Team

Interior Features

Total Bedrooms
3
Full Bathrooms
2
Floor Description
Hardwood

Exterior/Building Features

Exterior Features
Terrace
Architectural Style
Other Style

Other Property Details

Garage
Yes
Parking
Y
View
Y
Pool
No

Courtesy of Celeste Pandhi

Based on information from DASH - Sotheby's International Realty (SIR) as of 7/5/22. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. 

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Data last updated 12:45 AM UTC, 7/5/22

Sotheby’s International Realty®
The Stein Team
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