The Nest

NestApple's Real Estate Blog

Featuring real estate articles and information to help real estate buyers and sellers. The Nest features writings from Georges Benoliel and other real estate professionals. Georges is the Co-Founder of NestApple and has been working as an active real estate investor for over a decade.

205 East 63rd Street, Unit 16F

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Welcome to apartment 16F; a very sunny inviting and spacious one bedroom home with excellent closet space and almost 9′ ceilings. This home needs some updating and is priced to sell. A washer dryer is allowed with proper permits and architectural plans. The whole apartment faces South with city views.

205 East 63rd Street is a full service coop built in 1961 comprised of 20 stories and 128 apartments. There is a 24 hr. doorman, a live in resident manager, an updated modern laundry room on the lobby level, common bike storage and private storage (wait list) and an on-site garage (shareholder discount). Pets are allowed. Smoking is allowed.

This is a land lease building (expires 2097). The current monthly assessment for apartment 16F is $400.19 thru December 2026. There is a 2% Flip Tax.

Co-Purchasing, Guarantors, Parents buying for working children or children studying are allowed and reviewed on a case by case basis. Secondary homes are allowed. 80% financing allowed. Renting is allowed after two years of ownership and is restricted to 2 out of 5 years.

Ideally located near the 4/5/6/F and N/Q/R/W Trains, Bloomingdales Fine Dining, Equinox, Crunch and many private Pilates and Yoga studios plus close proximity to Central Park, this is an exciting and convenient location.



Written By: Georges Benoliel

Georges has been working in Wall Street for the last 16 years trading derivatives with hedge funds. He has been an active real estate investor for over a decade. Georges graduated from HEC Business School in Paris and holds a master in Finance from ESADE Barcelona.

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