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.

167 East 61st Street, Unit 5B

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Welcome to 167 East 61st Street, Unit 5B – a spacious 1-bedroom, 1.5-bath residence (convertible to 2 bedroom) ideally located in the heart of Lenox Hill.

Located on the 5th floor of a full-service building, this thoughtfully designed home features an expansive layout with generous living and dining areas-perfect for both everyday living and entertaining. Highlights include oversized windows, hardwood floors, an in-unit washer and dryer, and peaceful courtyard views. The primary bedroom offers a quiet retreat with ample closet space and an en-suite bath.

The building offers a full suite of white-glove services and amenities, including a 24-hour doorman and concierge, fitness center, private community garden, and on-site parking garage.The building permits up to 80% financing and welcomes pieds-à-terre, gifting, co-purchasing, and pets (with board approval). Subletting is allowed, and with the Co-op owning the land outright, the building presents enhanced long-term investment appeal. A 2% flip tax is payable by the purchaser.

Heat, water, & gas included in maintenance.

Situated at the corner of 61st Street and Third Avenue, you’re just moments from Central Park, the East River promenade, MoMA, and premier shopping and dining. Excellent transportation options include the N, R, W, Q, 4, 5, and 6 subway lines, as well as Madison Avenue bus service.



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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