Full-service Yorkville co-op balancing maintenance costs with modernization
In 2010, artist Linda Cheng was searching for a new home. At first, she avoided the Upper East Side, thinking it was home to only luxury towers with lavish amenities and high common charges. Eventually, she found her place at Manhattan East, a 12-story co-op on East 65th Street between First and Second avenues. “This is a very down-to-earth building on the Upper East Side,” she says. “It’s very well maintained and the maintenance is very reasonable. The doorman and the staff are all very helpful and friendly. A lot of young families live in this building,” says Cheng, an architectural sketch artist who depicts New York’s landmarks and lesser-known locales. The white-brick residence was built in 1962 with views and light in mind: Its facade features recesses that allow for elongated corner windows overlooking the tree-lined street. The co-op is fully staffed but offers few amenities. However, it does have a landscaped backyard where neighbors get together. Common charges are manageable, but it is an older building in need of some upgrades. “I think the board is trying their best to keep the maintenance low but, at the same time, modernize the building,” Cheng says, noting the hallways were recently updated. “They changed all the carpets, repainted and changed the wallpaper. Everything looks a lot better.”
Wraparound windows and a ‘reasonable’ co-op board
Cheng originally purchased a junior four, or an alcove studio, in 2010. A few years later, the unit next door hit the market. Cheng snapped it up “and did a huge renovation to combine the two apartments.” The result was a three-bedroom, roughly 1,800-square-foot home. Throughout the process, the board was “reasonable,” the artist adds. “They don’t really give you a hard, hard time, but still, it’s a co-op board.”
Manhattan East has 134 units, ranging from studios to four-bedroom residences, with one- and two-bedrooms being the most popular. Design features include hardwood floors (many have the original parquet flooring) and combined living and dining areas, some with open kitchens and bar seating. “The layouts offer significant closet space,” says George Shapiro of Douglas Elliman, who has represented properties at Manhattan East. Units can have washers and dryers installed with board approval, he adds. Because of the building’s angled facade, a number of apartments have wraparound windows or rooms with five walls. Some owners have installed banquette seating or an office nook in the unusual space. Several units also offer private balconies or terraces. Studios start at around $400,000, while one-bedrooms range from around $700,000 to $925,000. A two-bedroom with one bathroom was on the market for about $860,000 in summer 2024, but an additional bathroom increases the price to more like $1.2 million. A renovated three-bedroom with a home office and a washer and dryer has a price tag of $2.425 million. Only a few four-bedroom homes are in the building, and the last one sold in 2021 for $2.35 million.
Neighbors socialize in the backyard
The building’s backyard features Wi-Fi, a play structure, several tables and chairs and is “nicely maintained,” Shapiro notes. Cheng and her family hang out there to unwind. “Kids love it,” she says. “It’s a great place to sit in the afternoon or grab a drink with a friend. We’ve met a lot of our neighbors there, which is great, and it’s even better because a lot of the kids, essentially, grew up together.” The doorman building also has a live-in super, a bike room and storage for an additional fee. A central laundry room is located in the basement, and there’s also laundry on every other floor. “There are a lot of laundry options,” Shapiro jokes. There’s also a garage that residents can access via the basement. “If you live in the building, you do get a very good discount parking the car in the garage,” Cheng adds. “It is very convenient.” Temperatures are controlled by a building-wide HVAC system, which is set to be updated in 2025. A new boiler is also on the horizon, Cheng says. That does mean additional assessments are in place through 2028, although they are not prohibitively high, she adds.
Blocks from the East River
“There are so many things to do,” Cheng notes. “For this building, the location is the key.” Cheng and her family spend time at St. Catherine’s Park on the corner of East 67th Street and First Avenue — which has a playground, sports courts and bathrooms — and the proximity to the East River is a plus. The neighborhood has “beautiful” restaurants and bars, Cheng says. Within a few blocks of the building, there’s Maya, a Mexican restaurant and tequila bar serving bottomless brunch; Silver Star diner; and Ravagh Persian Grill, among others. For groceries, there’s a Gristedes around the corner on First Avenue. Additional options are a bit further but still within walking distance: a Trader Joe’s is on East 59th Street and First Avenue, and there’s a Whole Foods at East 57th Street between Second and Third avenues.
Convenient to subways and the Queensboro Bridge
The closest subway station is at Lexington Avenue and East 63 Street, where the F and the Q both stop. Since the Second Avenue subway line opened, residents can also find the Q train in a shiny new station at East 72nd Street. The M72 crosstown bus also stops along the latter thoroughfare. Drivers can access FDR Drive or the Queensboro Bridge in fewer than 10 minutes or get on 66th Street, providing a straight shot to the West Side. A tram provides service from 59th Street and Second Avenue to Roosevelt Island.
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Quantarium
Current List Price
Sold Price
Area Factors
Low Crime
Crime Score®
2/ 10
Very Bikeable
Bike Score®
84/ 100
Walker's Paradise
Walk Score®
98/ 100
Rider's Paradise
Transit Score®
100/ 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score
WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.
Parks in this Area
St. Catherine's Park
4 min walk
Basketball
Picnic Area
Soccer
Tramway Plaza
6 min walk
Picnic Area
Andrew Haswell Green Park
7 min walk
Bike Trails
Dog Park
Picnic Area
Twenty-Four Sycamores Park
8 min walk
Basketball
Picnic Area
Playground
Honey Locust Park
8 min walk
Picnic Area
Trails
Sutton Place Park
13 min walk
Trails
Playground
Grand Army Plaza
3 min drive
Blackwell Park
11 min drive
Basketball
Picnic Area
Playground
Firefighter's Field
12 min drive
Schools
Source:
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