345 East 62nd Street

Lenox Hill

$8,495,000
Price
10
Beds
9
Baths
1
1/2 Bath
9,453 Sq. Ft.
$899 / Sq. Ft.
9,453
Sq. Ft.
$899
per Sq. Ft.

Description

This fully renovated Lenox Hill mixed-use building is located on the north side of East 62nd Street between First and Second Avenues. 345 East 62nd Street is a charming, fully renovated six-story, 9,453 square-foot, mixed-use building. This opportunity will work well for both owner-users and turn key investors.
Built 17’ X 90’ on a 100’ lot this building is approximately 9,453 sf in size. Zoning is R8B, C2-5.
The building consists of five residential units and one two-level commercial unit. All units
...This fully renovated Lenox Hill mixed-use building is located on the north side of East 62nd Street between First and Second Avenues. 345 East 62nd Street is a charming, fully renovated six-story, 9,453 square-foot, mixed-use building. This opportunity will work well for both owner-users and turn key investors.

Built 17’ X 90’ on a 100’ lot this building is approximately 9,453 sf in size. Zoning is R8B, C2-5.

The building consists of five residential units and one two-level commercial unit. All units are separately metered. The building is well maintained and has a new roof as of 2021.

The residential units have luxury condominium-like finishes, Bosch and Subzero appliances and consist of three (3) floor-through two bedroom, two bath apartments; (1) one two-bedroom, two and a half bath duplex Penthouse with home office, balcony, and a 243 sf rooftop deck with floor-to-ceiling windows; and (1) one studio apartment.

All residential units are free market with leases ending in 2024 and have been recently upgraded, including HVAC, water heaters, washer/dryers, and balconies. The commercial unit features a fully vented lower level and retail on the ground with an enclosed outdoor space perfect for restaurant use. The lower level kitchen is leased, and the first floor will be delivered vacant.

The Projected NOI is $363,397

The set-up offers an immediate owner-user opportunity or increased cash flow to lease retail, office, gallery, consulate, or residential conversion.

Contact for additional information and current rent roll. Access is limited; weekdays after 3:00 pm is preferable.

Listing Agents

  1. Todd Vitolo

    Todd Vitolo

    Alternative Listing Agent

    Compass

Amenities

  • City Views
  • Balcony
  • Juliet Balcony
  • Private Patio
  • Private Roof Deck
  • Patio
  • Common Roof Deck
  • Floor to Ceiling Windows

Location

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LISTING UPDATED: 08/17/2023 05:43 PM

Property Details for 345 East 62nd Street

StatusPermanently Off Market
Days on Market373
Taxes$7,385 / month
Maintenance-
Min. Down Pymt-
Total Rooms22.0
Compass TypeMixed Use
MLS TypeMulti Family
Year Built1910
Lot Size1,707 SF / 17' x 100'
CountyNew York County

Building

345 E 62nd St

5 Units6 StoriesBuilt in 1910

Location

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Virtual Tour

Building Information for 345 East 62nd Street

Stories6Residences5Year Built1910Building Size17' x 90'Building Sq. Ft9,180 SFLot Size1,707 SF / 17' x 100'Building AgePre-warBuilding TypeTownhouse

Payment Calculator

$53,746 per month

30 year fixed, 7.25% Interest

Principal and Interest

$46,361

Property Taxes

$7,385

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property History for 345 East 62nd Street

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

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

Public Records for 345 East 62nd Street

Taxable ValueLand$850,500Additions$1,132,200Total$1,982,700
Home Facts
Total Finished SqFt9,453 SqFtLot Size1,707 SqFtYear Built1910ZoningR8BAPN1014370018

Schools near 345 East 62nd Street

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.

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