An exceptional opportunity to purchase the only terraced penthouse for sale in the East Sixties. With three exposures, this elegant, split, two bedroom/two bath residence is one of only two penthouse apartments at the Regency East. Convertible to a three bedroom (see alternate floor plan), it features an inviting 320 sq. ft. terrace and 90 sq. ft. of bonus planting terrace outside the south facing bedrooms. The corner master suite also enjoys an afternoon western exposure with abundant sunlight and open city views. The warm, windowed kitchen with custom maple cabinetry, granite counters and stainless appliances is adjacent to a comfortable dining area in the living room. Both windowed, marble bathrooms provide additional sunlight through colorful stained glass. PLEASE NOTE: Unlike the majority of co-ops and condos in NYC, the NYC Condo and Coop Tax Abatement is credited back to the shareholders of primary residences at the Regency East, in March/April each year. Net of this tax abatement ($5,742 for Penthouse A in 2016), the effective monthly maintenance is $3,497. The monthlies are further enhanced by 53% tax deductibility and a bulk discount for both electric and cable. The Regency East is a full-time doorman, 100% shareholder owned co-op, built in 1963 and converted in 1987, with exceptional financials, 80% financing, central air conditioning, a large common laundry (washers & dryers are not permitted), Gourmet Garage market and 301 Park garage. Most recently, Regency Easts infrastructure was completely upgraded (i.e. a dual natural gas/refined heating oil system, new chiller for the central air, etc.). It is pet friendly and also has no flip tax. The Corporation owns the land and the four retail spaces, permits co-purchasing, pied-a-terre ownership and has flexible subleasing. Notable amenities in the immediate area: Barry's Boot Camp across the street, BLO Blow Dry Bar next door, Purre Barre fitness and the Health Nuts on Second Ave., Massage Envy on 63rd St. and 5 Zipcar garages within 3 blocks from the building.
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