With great natural light and meticulous updates, this alcove studio is a move-in-ready dream home in a fantastic Lenox Hill co-op.

A wide southern exposure and generous proportions greet you the second you arrive in this tastefully renovated home. Gleaming hardwood floors, freshly painted walls and crown moldings add elegant ease in the main living room while five oversized closets throughout ensure storage will never be a concern. The contemporary kitchen focuses on form and function with marble countertops, abundant cabinet and pantry space, and stainless steel appliances. The sleeping alcove is generously sized and placed directly next to the gracious bathroom which features a modern sink, floor-to-ceiling tile and new fixtures. Generous proportions and a true alcove layout make this home easily convertible to a junior one-bedroom, and two air-conditioning units ensure year-round comfort.

150 East 61st Street is a well-maintained postwar co-op with updated common areas, 24-hour doorman service, and a live-in superintendent. Residents also enjoy laundry, storage, a bike room and on-site parking garage. This land-lease building's lease runs to late 2109 with very favorable terms and includes generous board policies permitting pets, 70 percent financing, pieds-a-terre, co-purchasing, gifting and parents buying for children with approval.

Nestled on a tree-lined street where Midtown meets the Upper East Side, this Lenox Hill home benefits from the best that Manhattan living has to offer. World-class shopping and dining line the nearby streets, Central Park is just three blocks away and transportation is effortless with N/Q/R/W, 4/5/6 and F trains all nearby.

Assessment: $464