175 East 62nd Street, Apt 15D

Welcome home to this timeless, over-sized, classic seven-room in a full service white glove building in prime Upper East Side location. Enjoy the grand expanse of almost 55 feet of public rooms dangling high in the sky with both sun-filled southern and northern light and views! This home offers four large bedrooms, four full proper bathrooms, an elegant dining room, an eat-in kitchen with washer/dryer, plus each bedroom is bathed in natural sunlight and includes an en-suite, windowed bathroom. This beautiful residence offers endless possibilities for the quintessential Upper East Side lifestyle!

The Victorian is a meticulously maintained luxury cooperative built in 1960, residents can enjoy an on-site parking garage, 24-hour doorman service, laundry and private storage space. The building's board welcomes those seeking a pied--terre, buyers from overseas, and co-purchasers; pets under 60 pounds are allowed, as are and in-unit washer/dryers. Located near Central Park, elegant shopping and dining destinations.

The building is on leased land; the lease was renegotiated in 2010, and extended through 2099. For the 10 year period from 2021 through 2030, the annual lease increase will be based on the CPI, or approximately 1.5%, with a cap of 2%.

There is a 3% Flip Tax TBD. Maintenance includes electric and cable.

175 East 62nd Street, Apt 15D, New York, NY 10065 Affordability

Are you planning on getting a mortgage for this Upper West Side Co-op apartment? Most co-ops require a minimum down payment of 20%, but some might even require you to put down 50% of the purchase price of more. If you’re putting 20% down on this $1,495,000 three-bedroom home that will end up coming to $74,750.

Closing costs are notoriously high in NYC, but at least you’ll avoid the dreaded mortgage recording tax which doesn’t apply to apartments in cooperative buildings. Coop closing costs are significantly lower due to this.

You’ll also be on the hook for the new progressive New York City mansion tax, which applies to every NYC property that sells for $1 million or more. Rates start at 1% for $1-1.99 Million properties and go up 3.9% for properties priced above $25 Million. You can expect to pay a mansion tax of $14,950 if you purchase this Co-op at 175 East 62nd Street, Apt 15D.

Are you interested in purchasing 175 East 62nd Street, Apt 15D and saving yourself a lot of money? Learn how a buyer commission rebate can save you up to $29,900.

Located at 175 East 62nd Street, Apt 15D, in Upper West Side, this three-bedroom home is listed by Louise Forbes, a real estate agent with Halstead dba Brown Harris Stevens Residential Sales LLC. If you have questions about this co-op listing you can contact Louise at +12123813329.

175 East 62nd Street, Apt 15D

UNIT AMENITIES

BUILDING AMENITIES

Location

175 East 62nd Street, Upper West Side, New York, NY 10065

Nearby Transit

Central Park West & 81st St At Nw Corner

Central Park West & 81st St At Sw Corner

Central Park West & 86th St At Sw Corner

180 Central Park West

175 East 62nd Street, Apt 15D, New York, NY 10065 Affordability

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