175 East 62nd Street, Unit 14A

Lenox Hill

$675,000
Price
3
Beds
2
Baths
1
1/2 Bath
1,880 Sq. Ft.
$359 / Sq. Ft.
1,880
Sq. Ft.
$359
per Sq. Ft.

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...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.

Property Details for 175 East 62nd Street, Unit 14A

Zoning
C1-9
View
City

Location

Listing Courtesy of Corcoran Group
Add your commute
LISTING UPDATED: 03/19/2024 05:24 PM

Property Details for 175 East 62nd Street, Unit 14A

StatusActive
MLS IDRPLU-33422915928
Days on Market46
Taxes-
Maintenance$7,240 / month
Min. Down Pymt25%
Total Rooms5.0
Compass TypeCo-op
MLS TypeCo-op
Year Built1963
CountyNew York County

Building

175 E 62nd St

70 Units20 StoriesBuilt in 1963

Location

Listing Courtesy of Corcoran Group
Add your commute

Building Information for 175 East 62nd Street, Unit 14A

Building/Complex175 E 62nd StFloor14Stories20Residences70Pet PolicyAllowedYear Built1963Building AgePost-warBuilding TypeHighrise

Payment Calculator

$10,694 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,454

Property Taxes

$0

Maintenance/Common Charges

$7,240

The Payment Calculator is for illustrative purposes only.

Property Information for 175 East 62nd Street, Unit 14A

Summary
Location and General Information
  • Subdivision Name: Lenox Hill
  • Stories Total: 20
  • Exposures: East, West
  • Garage Spaces: 0.0
  • View: Yes
Taxes and HOA
  • Tax Lot: 0033
  • Tax Deduction Percent: 28.00%
  • Tax Block: 01397
  • Flip Tax Type: Percent
  • Association Fee Frequency: Monthly
  • Flip Tax: $3
  • Building Tax Lot: 0033
  • Tax Monthly Amount: 0.0
  • Tax Abatement YN: false
Parking
  • Garage: Yes
  • Garage Spaces Assigned YN: false
Property
Lot Information
  • Living Area: 1880.0
  • Living Area Units: SquareFeet
  • Building Name: THE VICTORIAN
Building Information
  • Building Features: Storage, Elevators
  • Landmark Status YN: false
  • Building Smoke Free YN: true
  • Building Laundry Features: Other
  • Building Pets Allowed: BuildingYes
  • Building Pets Allowed Comments: Pets Allowed
  • Capital Reserves YN: false
  • Green Building YN: true
Property and Assessments
  • New Development: No
  • Sponsor Unit: No
  • Certificate Of Occupancy: Yes
  • Percent Of Common Elements: .00%
  • Common Interest: StockCooperative
  • Number Of Shares: 650
  • New Construction: No
  • Structure Type: HighRise
Interior and Exterior Features
Exterior Features
  • Basement: Other
  • Exterior Features: None
  • Patio And Porch Features: None
Interior Features
  • Entry Level: 14
  • Fireplace: No
  • Floor Number: 14
  • Basement: Yes
  • Cooling: No
  • ElevatorsTotal: 2
Multi Family
Multi-Family Information
  • Unit Line: A
  • Number Of Units Total: 70
Rental
Rental Information
  • Pets Allowed: UnitYes
  • Attendance Type: DoormanFullTime
  • Land Lease Expiration Date: 01-01-2047
  • Land Lease: Yes
  • Pets Allowed Comments: Pets Allowed

Property History for 175 East 62nd Street, Unit 14A

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 175 East 62nd Street, Unit 14A

This home is within New York City Geographic District # 2.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 6 to 8
Public - 6 to 8
Rating
School
Distance
East Side Elementary School, PS 267
PublicK to 5

Nyc Lab Ms For Collaborative Studies
Public6 to 8

Lower Manhattan Community Middle School
Public6 to 8

Jhs 167 Robert F Wagner
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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175 East 62nd Street, Unit 14A is a co-op for sale in Lenox Hill. This property was listed for sale on March 14, 2024 by Corcoran Group, it's currently listed at $675,000. This listing's school district is New York City Geographic District # 2. Nearby schools include East Side Elementary School, PS 267, Nyc Lab Ms For Collaborative Studies and Lower Manhattan Community Middle School. 175 East 62nd Street, Unit 14A is a 3-bed, 2.5-bath, 1,880 sqft co-op built in 1963.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Corcoran Group

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.