Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $405,000

· Closed August 25, 2025

Closed For Sale Co-op

$405,000

$623 per sq ft

150 E 61st Street #8B

Lenox Hill, Manhattan

MLS® #RLS10981849

RLS at REBNY

Listing by Compass

Studio

1

Bath

650

Sq. Ft.

1960

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Living Area 650 sq ft
Year Built 1960
Ownership Co-op
Maintenance $1,242/mo
Parking Garage
Neighborhood Lenox Hill
Floor 8 of 16

Property Highlights

  • Climate Control: Central Air, Wall Units
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 8 of 16
Heating Central, Wall Furnace
Cooling Central Air, Wall Units
Pets Yes, CatsOk, DogsOk
Year Built 1960
Living Area 650 sq ft
Parking Garage Available
Parking Features Garage
Structure Type MultiFamily
Flooring Parquet, Tile
Furnished Unfurnished
Parcel # 1395-0050-00150-000-000008B
Block/Lot 01395/0050

Listing History

Event Date Price Change
Listed Apr 25, 2024 $415,000 -
Price Reduced Aug 28, 2025 $410,000 -1.2%
Currently Apr 28, 2026 $405,000 -1.2%

Description

SOLD/CLOSED - 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 Susan turntables. -- 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-terre's, 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 special monthly assessment of $728.95 which is paid towards the ground lease and applied to "capital improvements". NOTE: According to the Land lease from 2010, there should be 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.

Features & Amenities

Interior Features

Entrance Foyer Granite Counters Walk In Closets Building Washer Dryer Install Allowed Common On Floor Common Area Flooring: Parquet, Tile Double Pane Windows

Building Amenities

Security Guard

Appliances

Gas Cooktop Gas Oven Refrigerator Stainless Steel Appliances

Building Information

Building Data View Compliance & Permits
Total Units 131
Stories 16
Structure MultiFamily

Financial Details

Maintenance $1,242/mo
Original Price $415,000
Sale Price $405,000
Previous Price $410,000
Land Lease Yes

Lenox Hill occupies a residential section of the Upper East Side, defined by proximity to Central Park, major medical institutions (Memorial Sloan Kettering, Weill Cornell, Lenox Hill Hospital), and the Madison Avenue retail corridor. Housing stock ranges from large pre-war cooperatives to modern condominiums with East River and skyline views.

Lenox Hill Live Market Data

View Neighborhood

Active Listings

607

Median Asking Price

$1.20M

Median $/Sqft

$1,315

Avg Days on Market

N/A

New This Week

27

Price Reduced

34%

Sold (30 Days)

62

Median Sale Price

$1.26M

Live data from RLS at REBNY • Updated 4/28/26, 8:24 AM EST

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Location

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150 E 61st Street #8B, Lenox Hill, New York County

Virtual Tour

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1960
Year Built
66 years old
16
Floors
131
Residential Units
C5-2
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $28,529,550
Land Value: $3,892,500
Exemptions: $96,118

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 16,067 SF
Building Area: 184,500 SF
Built FAR: 11.48
Allowed FAR: 10

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $1,242 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $0, or roughly $0 per month. Verify the current assessment with your attorney before closing.

This property has 0 bedrooms and 1 full bathroom.

The listed interior living area is 650 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1960, making it approximately 66 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $405,000 for 650 sq ft, the asking price per square foot is approximately $623. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10981849
First Listed: 4/25/2024
On Market: 4/25/2024
Price Changed: 8/28/2025
Closed: 8/25/2025
Contract Date: 4/15/2024

Listing Courtesy of Compass - Karen D Shenker

Listing Contact: (917) 721-9836

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 4/28/2026 at 12:24 PM UTC

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