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PRIME LOCATION - ALCOVE STUDIO You can't beat the location and quality of building that 123 East 75th Street offers. Located on a tree-lined block between Lexington and Park Avenue, and meticulously managed, you will find this spacious alcove studio, already converted to a Jr. one bedroom. This unit needs renovation, but has all the right features to make it a great home: size, location, light, and low maintenance. The apartment faces East with a wall of windows allowing bright light all day and lovely views. The living room is extra-large and separated from the walled off bedroom and dressing area, which has its own heat/air conditioning unit. The kitchen is an ample size with enough room to put in whatever you need, and the closet space is excellent. Washer/dryers are allowed in individual units with Board approval. 123 East 75th Street is a full-service elegant co-op with a 24-hour doorman and an attentive live-in building manager. There is a gym (low annual fee), laundry room, and storage room (waitlist, nominal fee.) The building prides itself on low maintenance fees, and gas & electric are bulk metered, lowering utility costs for shareholders. Co-purchasing, pied-a-terres, guarantors, gifting and pets (small dogs only) are permitted. Just five minutes to Central Park! You are in the heart of the Upper East Side with all that it has to offer - shopping, food markets, restaurants, parks and museums. Public transportation is a breeze having subway lines (Lexington Avenue, and Q train) and local and express buses so nearby. There is no flip tax and no assessment. 30% down required, 70% financing allowed.