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$668,125
List Price: $675,000
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175 East 62nd Street #14A
Coop in Lenox Hill •  building info
3bd • 2.5ba • 1,880ft² $359 per ft²
Buy with Yoreevo

$668,125

List Price

$675,000

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James McGrath
(212) 365-0151 • 
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Key Details
Days on market
36
Last price change
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Estimated payment
$10,440
Monthly taxes
N/A
Monthly maintenance
$7,240
Description
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.

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Important Stuff
Elevator
Full Time Doorman
Cats and Dogs allowed
Listing Amenities
Storage Available
City View
Building Amenities
Land Lease
Fios Available
Coop Rules
Pied-a-Terre Allowed
History
What it'll cost
Purchase price
$675,000
Asking Price: $675,000
Term
30 Years
Down Payment
$168,000 (25%)
Min: 25% (168,000)
Rate
6.5 %
Mortgage Amount
$506,250
Mortgage Payment
$3,200
Maintenance
$7,240
Estimated Yoreevo rebate
$6,875
Estimated closing cost
$7,000
Total monthly cost $10,440
Buy your dream home with us and get an estimated
$6,875 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Corcoran Group

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