"SHOWING by Appointment - contract fell through at $432,000. Move right in to this lovely renovated and sun-filled oversized alcove studio which can easily be converted to a queen size one bedroom located in the heart of the Upper East Side. APARTMENT FEATURES: -- The spacious living area can easily accommodate a dining table and home-office setup. The alcove is large enough for a queen size bed with nightstand(s) and the wall of windows allows for excellent natural light throughout the day with an open view. -- The renovated kitchen features brand new stainless-steel appliances including a 24"" built in microwave, Quartz countertops, a large pantry closet and 2 Lazy Susans. -- The bathroom is stylishly renovated and includes 2 storage cabinets, and a large closet. -- Updated electrical throughout, new plumbing, S/E exposure, an abundance of 5 closets with storage above; sanded and stained parquet wood floors in a walnut finish, 2 AC/heater units, new light fixtures and freshly painted throughout. BUILDING FEATURES: Professional and helpful 24 Hour Doorman/Concierge, Live-in Super, maintenance staff, brand NEW gym (add'l fee) and community gaming room, laundry room, Spectrum cable & Internet package included, 3 brand new elevators coming soon, building allows pied-a-terres, co-purchasing, gifting, foreign buyers and parents purchasing for children with board approval. Subletting allowed after a year of ownership with 1-2 year leases. Pet friendly and flip tax is 3%. Regarded as one of New York City s best land leased buildings, the terms are locked in through 2109 with an ongoing monthly special assessment of $728.95 which is paid towards the ground lease and applied to ""capital improvements"". NOTE: There is a scheduled decrease in 2025, and all remaining adjustments are based on the consumer price index, which equates to a substantially smaller amount than the maintenance increases levied at many other co-ops. <70% financing allowed and the building has a significantly high TAX DEDUCTIBLE to offset the total monthly charges which is available upon request. 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 and trendy restaurants and nightlife are all at your doorstep. Not to mention Trader Joe s and Whole Foods are nearby as well."