41 East 62nd Street

Lenox Hill

$35,000,000
Price
5
Beds
4
Baths
2
1/2 Baths
16,000 Sq. Ft.
$2,188 / Sq. Ft.
16,000
Sq. Ft.
$2,188
per Sq. Ft.

Description

35-FOOT WIDE TROPHY PROPERTY FOR MIXED USE, COMMUNITY FACILITY OR SINGLE-FAMILY CONVERSION 41 East 62nd Street was originally built as a stable for Elbridge T. Gerry, a prominent lawyer whose mansion was located on Fifth Avenue and 60th Street. Alfred Zucker, the original architect for the property, constructed a three-story stable with a remarkably sophisticated faade that married neo-Tudor and Gothic Revival elements. The distinguished faade we now see was the result of an alteration in 1946. It...35-FOOT WIDE TROPHY PROPERTY FOR MIXED USE, COMMUNITY FACILITY OR SINGLE-FAMILY CONVERSION 41 East 62nd Street was originally built as a stable for Elbridge T. Gerry, a prominent lawyer whose mansion was located on Fifth Avenue and 60th Street. Alfred Zucker, the original architect for the property, constructed a three-story stable with a remarkably sophisticated faade that married neo-Tudor and Gothic Revival elements. The distinguished faade we now see was the result of an alteration in 1946. It is constructed of red brick laid in English bond with a recessed doorway at the east end of the property. Iron railings and stone lintels adorn the second-floor windows, while balustrades are set below the front slate mansard roof on the fourth floor where dormer windows were planned to be installed plus a setback fifth floor. The lot is approximately 35 feet by 100 feet with the building built 70-feet deep. The property consists of approximately 16,000 square feet spanning five floors plus a full basement. Currently the remaining 35-foot by 30-foot two-story space in the rear is enclosed with a glass roof and was used as a community facility. The floors are generally finished as white box, with open layouts. Up to 5,900 square feet may be allocated for commercial/office space use with the remaining square footage used as residential and/or community facility. For those interested in strictly residential use, it can easily be converted into a majestic single-family mansion with space to house all the requisite modern luxuries and amenities. It is also ideal for a foundation, an embassy or consulate, or live/work situation with gallery/studio or private family office below. A commercial elevator services all floors and an open staircase runs through the entire building. 41 East 62nd Street may be purchased individually or with 35 East 62nd Street, a 40-foot wide, 25,000 sq. ft. commercial office building, which may be used as is or converted to residential or mixed use as well. When combined the two offer otherwise impossible to find opportunities to create: Option 1: A grand residence with an adjoining amenity building that includes a basketball court, spa, fitness room, swimming pool, guest suites, and separate staff and security residences. Option 2: A grand residence with an adjoining legal family office or foundation, gallery, guest suites plus staff and security quarters. Option 3: Multiple-unit family compound with adjoining family office/foundation/ gallery and amenity building. Option 4: Modern fully immersive luxury office experience building complete with private spa and wholeness floor, fitness and sports facilities, lounge areas, private bar, private ballrooms for special events, theater for launches and presentations, and residences that can be used by executives and staff. The once in a lifetime opportunity to combine two buildings of this prominence would result in an unprecedented 75 on East 62nd Street and approximately 40,000 of interior square footage set on lots 100 deep with South-facing facades. The possibilities are simply endless.

Property Details for 41 East 62nd Street

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Location

Listing Courtesy of Serhant LLC
Add your commute
LISTING UPDATED: 03/29/2024 06:02 PM

Property Details for 41 East 62nd Street

StatusActive
MLS IDRPLU-1032522874301
Days on Market83
Taxes$27,654 / month
Maintenance-
Min. Down Pymt-
Total Rooms17.0
Compass Type-
MLS Type-
Year Built-
Lot Size-
CountyNew York County

Location

Listing Courtesy of Serhant LLC
Add your commute

Building Information for 41 East 62nd Street

Stories5Residences-Year Built-Lot Size-Building Age-Building Type-

Payment Calculator

$218,663 per month

30 year fixed, 7.25% Interest

Principal and Interest

$191,009

Property Taxes

$27,654

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 41 East 62nd Street

Summary
Location and General Information
  • Subdivision Name: Lenox Hill
  • Stories Total: 5
  • Garage Spaces: 0.0
  • View: Yes
Taxes and HOA
  • Tax Lot: 0027
  • Tax Block: 01377
  • Flip Tax: $0
  • Building Tax Lot: 0027
  • Tax Abatement YN: false
Parking
  • Garage: No
  • Garage Spaces Assigned YN: false
Property
Lot Information
  • Living Area: 16000.0
  • Building Area Total: 16000.0
  • Building Area Units: SquareFeet
  • Lot Size Dimensions: 0.0x0.0
  • Living Area Units: SquareFeet
Building Information
  • Landmark Status YN: false
  • Building Smoke Free YN: true
  • Building Laundry Features: InUnit
  • Building Pets Allowed: BuildingYes
  • 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: None
  • New Construction: No
  • Structure Type: MixedUse
Interior and Exterior Features
Exterior Features
  • Basement: Other
  • Patio And Porch Features: None
Interior Features
  • Cooling: Other
  • Entry Level: 1
  • Fireplace: No
  • Floor Number: 1
  • Basement: No
  • Cooling: Yes
  • ElevatorsTotal: 0
  • Size Dimensions: 0.0x0.0
Multi Family
Multi-Family Information
  • Number Of Units Total: -1
Rental
Rental Information
  • Pets Allowed: UnitNo
  • Delivered Vacant: No
  • Attendance Type: None
  • Land Lease: No

Property History for 41 East 62nd Street

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

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

Schools near 41 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.

Similar Homes

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Similar Sold Homes

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41 East 62nd Street is for sale in Lenox Hill. This property was listed for sale on February 8, 2024 by Serhant LLC, it's currently listed at $35,000,000. 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. 41 East 62nd Street is a 5-bed, 5-bath, 16,000 sqft.

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Listing Courtesy of Serhant LLC

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.