425 E 63RD Street #5WG, New York City, NY 10065

New to the market, this investor-friendly, spacious one-bedroom enjoys a combination of natural light and serenity with partial views of the East River.

This thoughtfully renovated home faces South and East and boasts an open kitchen with stainless steel appliances, a dishwasher, plenty of storage and a large granite island that flows seamlessly into the main living area. The living room is perfect for entertaining and is large enough for a dining table. The roomy bedroom comfortably accommodates a king-size bed. The updated bathroom includes a full-sized bathtub with marble walls, a vanity with storage and a designer undermount sink. The apartment also features through wall heating and cooling systems, skim-coated walls, abundant closet space and additional storage areas at every turn.

The Royal York is an elegant, full-service condop built in 1956. Conveniences include: a 24-hour concierge and doorman: recently updated lobby, halls & elevators; a state-of the art fitness center ($400 annual fee), an attentive, live-in resident manager; a central laundry room; preferential rate parking garage and the newly installed Birch Tree Garden Grove, a large private, landscaped common garden.

The residences are ideally situated near Central Park as well as the recently completed East River Esplanade, a 1.8-acre public promenade along the East River waterfront in Manhattan. The Lenox Hill neighborhood boasts fabulous restaurants and endless shopping options including Trader Joe's, Whole Foods and Bloomingdales. Easy access to FDR, Queensboro Bridge as well as multiple public transportation options (including the 4, 5, 6, N, R and Q subway lines) allow you get anywhere.

The Royal York offers unlimited subletting from day one of ownership with board approval. Pied-a-Terre, co-purchasing, gifting and 80% financing are all permitted. The building is pet friendly and there is no flip tax.