Total Est. Monthly Carrying Cost:
$11,471 ($6.10/ft2)
Note: the above is based on a down payment of 50% ($387,500),
which is the minimum amount permitted by the building.
Description
Welcome to 175 East 62nd Street, Unit 14A. Believe it or not, this unit is not virtually staged. This is a fabulous classic six apartment that has been 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 approximate 1880 sq ft back into an apartment 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.
An option exists to combine this apartment with 14B, creating a large, 4 bedroom apartment at a very affordable price for this location.
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 apts 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 $270.83 and cable charges at $60.99. Landlease expires in 2099.
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