$315,000

Loft Life on the Upper West Side:  This studio residence with high ceilings and a built-in Murphy bed is ready for move-in. Soaring 10.5-foot ceilings allow for vertical space that adds both character and storage to this serene retreat near Lincoln Center and Central Park. An oversized east-facing window overlooks a courtyard and benefits from southern light that makes its way into this cozy home.

Refinished blonde hardwood floors are pristine, and the Murphy bed features a new mattress (still in plastic) along with outfitted cabinetry. The kitchen offers full-size appliances along the entry wall and functions as a full-sized kitchen would in a larger apartment. White cabinets, granite countertops, a tiled backsplash, and stainless-steel appliances are all in pristine condition.

The updated bathroom is finished with white hexagon floor tile and a stall shower. A lofted levelperched above the kitchen provides excellent additional storage space for suitcases, tote bins, or other large items that can be tucked away and accessed as needed. Laundry is located in the basement, and shareholders are permitted to add a washer/dryer to their unit, if desired; contractors must follow building-provided specifications.

140 West 69th Street (The Lincoln Spencer) is a prewar, full-service, doorman cooperative.  This Beaux Arts landmarked building is well maintained, with a live-in resident manager andstaff, renovated elevators and hallways, and plans underway to refurbish the spacious lobby.A recent landscaping project introduced plantings and landscape lighting to the entry.

Located on a charming townhouse block between prime Upper West Side and Lincoln Square, theLincoln Spencer allows pied-à-terres and parents co-purchasing with adult children. The property is proximate to express transportation and everyday conveniences. Sublets are unlimited after a five-year primary residency requirement, subject to board package submission and interview approval.

Strong financial management by the board has kept this co-op well positioned, with apartment valuations in mind as a top priority.  There is a 2% flip tax (paid by the buyer) and an ongoing monthly assessment of $100.62.