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40 East 61st Street, #5C

$3,800,000 ($2,375 per ft2) | 3 beds, 2.5 baths | Approx. 1,600 ft2
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47 days on Market

Key Details

  • Listed: Mar 20, 2024
    Days on Market: 47
    Building Type: Condominium
    Neighborhood: Park/Fifth Ave. to 79th St. (Manhattan)
    Doorman: FT Doorman
Monthly Common Charges: $3,833
Monthly Real Estate Taxes: $2,665
Total Taxes & Fees: $6,498 ($4.06/ft2)
Est. Monthly Mortgage: $21,028
Total Est. Monthly Carrying Cost: $27,526 ($17.20/ft2)
Note: the above is based on a down payment of 20% ($760,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Prime Location: This pre-war condominium is located in a prestigious neighborhood, just a stone's throw away from Central Park and elite shopping destinations. It's also conveniently close to subway stations for easy commuting, and surrounded by renowned dining options, offering residents an unmatched New York City lifestyle.
  • Excellent Investment Opportunity: The property comes with a tenant secured until April 2025, making it a distinguished investment opportunity. The building is pet-friendly and features amenities such as an elevator, a full-time doorman, a bike room, laundry facilities, a live-in superintendent, a locker/cage for additional storage, a package room, and wheelchair access.
  • Luxurious Living Space: The meticulously renovated 3-bedroom, 2.5-bathroom apartment boasts high beamed ceilings, recessed lighting, and custom millwork. The master suite includes a private dressing area, and the third bedroom features custom wood-paneled sliding doors.
  • State-of-the-Art Kitchen: The kitchen is equipped with custom cabinetry, Quartz countertops, and Bosch stainless steel appliances, perfect for those who love to cook.
  • Smart Home Features: The apartment is fitted with a NEST system, surround sound, new windows, two expansive custom walk-in closets, Legrand lighting controls, three wall-mounted TVs, modern HVAC units with remote control, a security camera, and an LG washer/dryer. The building also offers a concierge, resident storage, outdoor entertainment space, terraces/balconies, and northern exposures.
  • Spa-Inspired Bathrooms: The apartment features spa-inspired bathrooms with Carrara marble, radiant floor heating, and a master bathroom with dual vanities and a separate rain shower.

Description

Offering a distinguished investment opportunity, this pre-war condominium comes with a tenant secured until April 2025. For more details, please reach out.

Just a block from the iconic Central Park, this meticulously renovated apartment is a testament to luxury and sophistication. Occupying a coveted spot in a pre-war building, this 3-bedroom, 2.5-bathroom home offers an unparalleled living experience, boasting a thoughtful layout, high beamed ceilings, recessed lighting, and custom millwork throughout.

The apartment features spa-inspired bathrooms with Carrara marble, radiant floor heating, a master bathroom with dual vanities, and a separate rain shower.

The master suite benefits from a private dressing area, while the third bedrooms adaptability is enhanced by custom wood-paneled sliding doors.

The state-of-the-art kitchen is a chef’s dream, equipped with custom cabinetry, Quartz countertops, and Bosch stainless steel appliances. Transitioned into a smart home, it includes a NEST system, surround sound, new windows, two expansive custom walk-in closets, Legrand lighting controls, three wall-mounted TVs, modern HVAC units with remote control, a security camera, and an LG washer/dryer.

This pet-friendly building warmly welcomes cats and dogs, ensuring comfort for all residents. Amenities include an elevator, a full-time doorman for added security and convenience, a bike room, laundry facilities within the building, a live-in superintendent, a locker/cage for additional storage, a package room for secure deliveries, and wheelchair access to accommodate everyone.

Located in one of Manhattan’s most prestigious neighborhoods, the building is surrounded by elite shopping destinations like Hermes and Tom Ford, and renowned dining options such as Le Bilboquet, Avra, Saint Ambroeus, Serafina, Casa Cruz, and Caf Boulud, offering residents an unmatched New York City lifestyle.

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Apartment Amenities

  • City View
Listing courtesy of Keller Williams NYC

Pricing History

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About 40 East 61st Street

77

40 East 61st Street has received a CityRealty Rating of 77, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

26
Out of 44
+
28
Out of 36
+
14
Out of 39
+
9
=
77
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Distinguished 6 out of 8 points
Retail Quality:
High-End 5 out of 5 points
Canopy Entrance:
Dramatic 3 out of 3 points
Alterations:
Well Done 1 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
Yes and Good 2 out of 3 points
Skyline:
Exists 1 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Discrete 1 out of 2 points
Free Standing:
No 0 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
Exists 1 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Very Attractive with Trees 4 out of 5 points
Distance To Neighborhood Center:
Less than 10 blocks 5 out of 5 points
Views:
Open 2 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Some 2 out of 3 points
Protected Views:
Only Top Floors 1 out of 2 points
Distance To Subway:
Less than 3 Short Blocks 2 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
More than 5 Short Blocks 0 out of 2 points
Distance To Park:
Less Than 3 Short Blocks 2 out of 2 points
Distance To Water:
3-6 Short Blocks 1 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Quite Stylish 3 out of 5 points
Units Per Floor:
3-4 3 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
Some 1 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
None 0 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
None 0 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
Yes 1 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Some 1 out of 2 points

Building Amenities

  • Conversion Year: 1983
  • Concierge
  • FT Doorman
  • High-Rise
  • Resident Storage
  • Elevator
  • Outdoor Entertainment Space
  • Live-In Superintendent
  • Terraces / Balconies

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Pros
  • Close to Central Park
  • Canopied entrance
  • Some balconies
  • Mid-block building
  • Few apartments
  • Doorman
  • Close to Hermes
  • Close to Subway
Cons
  • No roof deck
  • No garage
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Subways

  1. N
  2. Q
  3. R
  4. 4
  5. 5
  6. 6
at Lexington Ave and 60th 0.16 miles
  1. F
at Lexington Ave and 63rd 0.20 miles
  1. M
  2. E
at 5th Ave and 53rd 0.40 miles

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