301 East 63rd Street, Unit 6G
301 East 63rd Street, Unit 6G
Permanently Off Market
Permanently Off Market
Description
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 $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. As per the recent shareholder meeting the balance is $36,880,000 as of July 31, 2022. Bulk rate cable & internet are offered at $61.34 through Spectrum to shareholders who opted in to the program – opt in opportunities occur one time per year. There is a bulk rate deal on electricity as well. Total shares in the co-op are 135,879. The commercial space that Health Nuts and the parking garage occupy also offer income to the coop since the space is leased. Financials available upon request. For more details SEE building description. Some images in this listing are virtually staged.
Property Details for 301 East 63rd Street, Unit 6G
Location
Property Details for 301 East 63rd Street, Unit 6G
| Status | Permanently Off Market |
|---|---|
| MLS ID | PRCH-3768059 |
| Days on Market | 238 |
| Taxes | - |
| Maintenance | $2,459 / month |
| Min. Down Pymt | 15% |
| Total Rooms | 4.0 |
| Compass Type | Co-op |
| MLS Type | Co-op |
| Year Built | 1959 |
| County | New York County |
Building
301 E 63rd St
Location
Building Information for 301 East 63rd Street, Unit 6G
Payment Calculator
$4,691 per month
30 year fixed, 7.25% Interest
$2,232
—
$2,459
Property Information for 301 East 63rd Street, Unit 6G
- Subdivision Name: Lenox Hill
- Stories Total: 18
- Exposures: West
- Tax Block: 01438
- Flip Tax Type: Dollars
- Flip Tax: $6
- Building Tax Lot: 0001
- Garage: Yes
- Living Area: 0.0
- Lot Size Dimensions: 100.42 x 109.42
- Living Area Units: SquareFeet
- New Development: No
- Building Rules: BuildingWasherDryerAllowed, PiedATerreAllowed
- Sponsor Unit: No
- Percent Of Common Elements: .00%
- Common Interest: StockCooperative
- Community Features: BikeStorage,Storage
- Exterior Features: BuildingRoofDeck
- Interior Features: EatInKitchen
- Floor Number: 6
- Laundry Features: CommonArea
- ElevatorsTotal: 1
- Number Of Units Total: 148
- Pets Allowed: UnitYes, BuildingYes
- Attendance Type: DoormanFullTime, LobbyAttendantFullTime
- Renting Allowed: Yes
Property History for 301 East 63rd Street, Unit 6G
| Date | Event & Source | Price | Appreciation | Link |
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| Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 301 East 63rd Street, Unit 6G
Schools near 301 East 63rd Street, Unit 6G
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 6 to 8 | |||
| Public - | 6 to 8 |
Rating | School | Distance |
|---|---|---|
East Side Elementary School, PS 267 PublicK to 5 | ||
Nyc Lab Ms For Collaborative Studies Public6 to 8 | ||
Lower Manhattan Community Middle School Public6 to 8 | ||
Jhs 167 Robert F Wagner Public6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Sotheby's International Realty, Inc.
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