Description

Opportunity awaits at 175 East 62nd Street, Unit 14A! Priced at a mere $675,000 which is less than $375 per square foot! Apartment 5A in the building was renovated and sold for $1,900,000 just 2 years ago, which represents more than $1,000 per square foot. Apartments half this size sell for twice as much!

This fabulous classic six apartment was converted in the 1980s into a spectacular 1 bedroom apartment designed for entertainment. A tremendous value-add opportunity is ready to be unlocked by a buyer with vision to convert this approximately 1880 SF apartment back into a home that meets modern needs. From the 14th floor, the light and views are excellent. To the west, the Barbizon 63 looms majestic, and from the bedroom you can see the buildings of Billionaire's Row. The windowed kitchen (with washer/dryer) is currently expanded including the staff room, but would still be spacious if you returned it to the original layout.

Located on 62nd Street between 3rd Avenue and Lexington, 175 East 62nd Street enjoys the convenience of the 60s while avoiding the traffic of the bridge. 175 East 62nd St is an impeccably run, full service building with only 4 apartments per floor. Staff includes a full-time doorman as well as super and live-in handyman. On-site parking is discounted for shareholders (currently waitlisted), dedicated storage and pets are welcome. Pied-a-terres, co-purchasers and overseas buyers are case by case. Buying in a trust is allowed. There is a 3% flip tax paid by purchaser. Additional costs include assessment charges at $379 and cable charges at $60.99. The land lease expires in 2099.
View More

Building Features 20 Floors64 Units

elevator
full time doorman
garage
pet friendly
laundry
View all 5 building features

Unit Features

garage
Exposures: East, West
Pet Policy: UnitYes

$675,000 / $359 per ft²

$100,000  -  101 days ago

Listed on Sep 07, 2023

246 Days on Market

2.5% Buyer commission (OwnerPays)

3 Beds / 2.5 Baths / 1,880 ft²

Total Monthly Expenses: $7,266

Exclusively listed with: Corcoran Group Source: RLS

Pamela
Marcus

pamela.marcus@corcoran.com

(917) 628-8240

Philip
Wells

philip.wells@corcoran.com

(917) 993-4137

Savannah
Likitsakos

savannah.likitsakos@corcoran.com

(201) 566-5983

Listing Courtesy of Corcoran Group View Listing

Unit listing history

Date Status Amount Listed by Owner Name
Loading History...

Similar Listings for Sale

27 E 65 ST - Unit 12E

Lenox Hill / COOP

$1,000,000

On market for $1,000,000

0% from ask / 320 days on market

Monthly Expenses: $7,248

3 beds - 2.0 baths / 1850 ft²