150 East 61st Street is a handsome 16-story postwar cooperative with 24-hour doorman service, located on a charming tree-lined street. Built in 1960 and converted to cooperative ownership in 1973, the building consists of 131 units ranging from studios to three bedrooms. A few have been combined to produce larger spaces. The façade is of beige brick with a base of polished red granite, with a canopied entrance. The building is beautifully maintained, and the lobby and halls have been recently renovated. 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, Fifth Avenue shops and incredible restaurants and nightlife are all at your doorstep. Not to mention Trader Joe’s and Whole Foods are nearby as well. The building allows pieds-a-terre, co-purchasing, gifting, foreign buyers and parents purchasing for children with board approval. Subletting is allowed after a year of ownership and is limited to 2 years max. The building flip tax is 3%. Regarded as one of New York City’s best LAND LEASES, the terms are locked in for the next 85 years. The lease extends through 2109. 80% financing allowed.