Rare opportunity to acquire a flexible mixed use townhouse on a prime Upper East Side block in the heart of Lenox Hill.
| Website: | https://www.nestseekers.com/5413978 |
|---|---|
| Address: | 367 East 62nd Street New York, NY 10065 |
| Cross street: | Second Avenue |
| Type: | Townhouse |
| Era: | Post-war |
| Floors: | 4 |
| Ownership: | Rental Property |
|---|---|
| Rooms: | 9 |
| Bedrooms: | Studio |
Financials
Price:$5,895,000
Description
Rare opportunity to acquire a flexible mixed-use townhouse on a prime Upper East Side block in the heart of Lenox Hill.
367 East 62nd Street is configured as two legal residential apartments plus one legal commercial/garage space, offering a compelling opportunity for investors, owner-users, and end users alike. The property delivers immediate in-place income, rare flexibility, and long-term upside in one of Manhattan's most established and convenient neighborhoods.
The residential portion includes a large upper duplex residence along with a separate second-floor apartment, each with its own entrance. The commercial component on the ground floor offers legal commercial use as well as legal garage/parking functionality, creating an uncommon level of utility and optionality rarely found in townhouse inventory on the Upper East Side.
Whether a purchaser is seeking:
Additional highlights include:
367 East 62nd Street is configured as two legal residential apartments plus one legal commercial/garage space, offering a compelling opportunity for investors, owner-users, and end users alike. The property delivers immediate in-place income, rare flexibility, and long-term upside in one of Manhattan's most established and convenient neighborhoods.
The residential portion includes a large upper duplex residence along with a separate second-floor apartment, each with its own entrance. The commercial component on the ground floor offers legal commercial use as well as legal garage/parking functionality, creating an uncommon level of utility and optionality rarely found in townhouse inventory on the Upper East Side.
Whether a purchaser is seeking:
- a firm mixed-use investment
- a live/work or owner-user opportunity
- a private garage with income above
- or a longer-term value-add / redevelopment play
Additional highlights include:
- Approx. 3,945 existing SF
- Approx. 7,008 buildable SF of unused development rights
- Separate residential entrances
- Vacant ground-floor commercial/garage space with flexible future use
- Strong Upper East Side location adjacent to shopping, dining, parks, and transportation
Amenities
- Basement
- Voice Intercom
594 Broadway, New York, NY 10012, USA Phone: +1 646-924-4319 | |
| Listing Courtesy of Corcoran Group | |