$675,000
Updated 2 years ago
Off Market

The Victorian

175 East 62nd Street, 14-A

Upper East Side, Manhattan | Lexington Ave & Third Ave

6 Rooms3 Beds2.5 Baths1,880 Square FeetCo-op [Land-Lease]

$675,000
Maintenance$7,240
Price Per SF
$359

Listing Features

  • BuiltIns
  • Dressing Area
  • Galley Kitchen
  • Recessed Lighting
  • Separate Dining Area
  • Walk-in Closet
  • Washer / Dryer
  • Wet Bar
  • Eat-in Kitchen
  • Walk Thru Kitchen
  • Windowed Kitchen
  • En Suite Bathroom
  • Powder Room

Outdoor space and views

  • City Views
  • Queensboro Bridge
  • East Exposure
  • West Exposure

Building Amenities

  • Full-Time Doorman
  • Elevator
  • Garage
  • Laundry Room
  • Storage

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 175 East 62nd Street, 14-A

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.

Listing History for 175 East 62nd Street, 14-A

Now
09/12/2024
Expired by Pamela Marcus
Corcoran
03/14/2024
New Agency by Savannah Likitsakos
Corcoran

Building Details for 175 East 62nd Street

OwnershipCo-op [Land-Lease]
Building TypeHigh-Rise
Service LevelFull-Time Doorman
AgePost-War
AccessElevator
Year Built1960
Financing Allowed75%
Floors/Apts21/70
Learn More About the Building

Transit and Citi Bike

Subway

Lexington Av/63 St
0.06 miles
Lexington Av/59 St
0.11 miles
59 St
0.15 miles
68 St-Hunter College
0.31 miles
5 Av/59 St
0.4 miles

Citi Bike

3 Ave & E 62 St
0.06 miles
E 63 St & 3 Ave
0.06 miles

Contact Agents

Contact Agents

Philip Wells
Corcoran

Upper East Side | Manhattan

Quick Profile

Exuding a cosmopolitan, refined air that is reminiscent of Paris or other European cities, the Upper East Side (the UES, to local cognoscenti) has a reputation as being a bastion of wealth and privilege. Even though it was built by American “royalty” families like the Vanderbilts, Roosevelts, Kennedys, Carnegies and Rockefellers, whose elaborate mansions once anchored Fifth Avenue, there are affordable housing options throughout the neighborhood. The further east you move, away from Central Park and the more commercial avenues, the more likely you are to find quiet, tree-lined streets with historic townhouses and brownstones. Keep your eye out for reasonably priced apartments in pre-war low-rise and even a few high-rise buildings.

With abundant, beautifully landscaped green spaces, including the oasis of Central Park acting like a backyard, the area is quiet and lushly green. You can relax and unwind in John Jay Park, Carl Schurz Park or take a stroll along the East River Promenade. The whole neighborhood seems isolated from the workaday chaos of the city at large. Add to that the history of the neighborhood and the abundance of cultural institutions, and you have a uniquely welcoming neighborhood.

Known for its abundance of high-end retail shopping, especially on Madison Avenue, the Upper East Side is host to the Barneys New York flagship department store. Here you can find upscale goods, fashion and home decor items. You will also find the edgy runway-inspired Alexander McQueen collections. If you are dying to treat your feet to red-soled opulence, be sure to visit the Christian Louboutin boutique. These are only a small sampling of this high-end shopper’s paradise that features everything from designer boutiques that offer the ultimate in haute couture to resale shops where you can find last season’s best on sale at hefty discounts .

There are many unique dining experiences, from fine dining to the casual bite-on-the-go, awaiting you in the UES. Sushi is going through a renaissance in the city, and the best omakase-style sushi can be found at Sasabune on E 73rd Street. Omakase sushi means that you leave the choice of ingredients, preparation method and presentation to the chef. Elegant French cuisine can be experienced at JoJo, E 64th Street, housed in gorgeous townhouse. Just for fun, visit the Lexington Candy Shop on Lexington Avenue, to get a taste of an old-fashioned soda fountain.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 1912115