Free Market Elevator Building For Sale

For Sale - 345 EAST 62 STREET- Manhattan - Upper East Side

$10,000,000

Net Operating Income: $456,188

Ic expand

Key Details

Property Type
Mixed Use
Neighborhood
Upper East Side
Property Dimensions
17.0 x 90.0
Property Area
9,453 sq.ft.
Total Units:
6
Stories:
6
NOI
$456,188
Price
$10,000,000
Price Per Unit
$1,666,666
Cap Rate
4.6%

Listing Description

Okada & Company has been retained to exclusively market 345 East 62nd Street, New York, NY. The subject property is an immaculately built 6 story elevator building located in Lenox Hill. It consists of 5 Free Market Apartments and 2 Commercial Units. The residential units are comprised of 3 two-bedroom, 1 studio, and 1 three-bedroom duplex. Of those ALL are Free Market. Each unit including all common areas have in mint shape as the building itself was built in 2007. Apartments include hard wood floors, stainless steel appliances, granite countertops, marble bathrooms floors, high-end fixtures, and washer dryers.

Property Details

Block/Lot:
1437/18
Lot Dimensions
17.0 x 100.42
Lot Area
1,707 sq.ft
Zoning:
R8B
FAR as Built:
5.54
Max FAR:
4.0
Christopher OkadaOkada & Company
Contact Agent View Setup

Sales & Transactions

AddressSale PriceSale DateProperty Type
47 EAST 63RD STREET$7,425,00007/23/2018Mixed Use
1628 YORK AVENUE$8,086,95707/12/2018Mixed Use
1632 YORK AVENUE$6,065,21707/12/2018Mixed Use
1291 3 AVENUE$8,095,33406/28/2018Mixed Use
225 EAST 60TH STREET$7,000,00006/20/2018Mixed Use
4 EAST 77TH STREET$8,900,00004/16/2018Mixed Use
1528 1 AVENUE$14,938,62504/12/2018Mixed Use
1514 1 AVENUE$16,200,00003/22/2018Mixed Use
420 EAST 80TH STREET$86,000,00003/22/2018Mixed Use
1694 2 AVENUE$7,450,00003/06/2018Mixed Use