175 East 62nd Street
Apartment #14A
$675,000 Price
3 Bedrooms   2.5 Baths

175 East 62nd Street, Upper East Side, NYC

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...

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.

Courtesy of Corcoran Group

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* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

Upper East Side, NYC
Type: Cooperative
Price: $675,000
Maintenance/CC: $7,240
Web ID: 1063279887

Info & Amenities

Type: Co-op
Rooms: 6.0
Bedrooms: 3
Full Bathrooms: 2
Half Bathrooms: 1.0
Built: 1963
Pets allowed: Yes

Map of Area for 175 East 62ND Street 14A

Get to Know Upper East Side

The Upper East Side is a prestigious residential neighborhood in Manhattan known for its historic charm, tree-lined streets, and cultural attractions. It encompasses the Museum Mile, featuring renowned institutions like the Metropolitan Museum of Art and the Guggenheim Museum. The area exudes an elegant and sophisticated atmosphere, attracting families, professionals, and art enthusiasts.

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