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425 East 63rd Street #W2F
Condop in Lenox Hill •  building info
1bd • 1ba • 750ft² $967 per ft²
List Price

$725,000

Key Details
Days on market
36
Last price change
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Estimated payment
$5,333/mo
Taxes
N/A
Maintenance
$1,762/mo
Description
***** INVESTOR UNIT- TENANT IN PLACE ***** Investor Special! This spacious 1-bedroom at 425 East 63rd Street offers an excellent 4.5% cap rate, making it a rare turnkey investment in the heart of Lenox Hill. With a tenant already in place, this unit provides immediate income and stable returns. The residence itself features a generously sized living/dining area, a separate kitchen, hardwood floors, and excellent closet space. Oversized windows ensure great natural light and a quiet outlook, enhancing long-term rental appeal. Investment Highlights: 4.5% cap rate Tenant in place, immediate income Low monthly carrying costs relative to rental income Strong demand rental neighborhood Building Features: Full-time doorman Elevator building with on-site laundry Live-in resident manager Pet-friendly (with board approval) Location: Situated on a quiet block in Lenox Hill, just steps from the East River promenade, Roosevelt Island tram, and convenient access to the Q/F/6 trains and crosstown buses. The areas shops, dining, and medical centers ensure consistent rental demand. Additional Details: Co-op with investor-friendly policies Subletting permitted (with board approval) Some Photos are virtually staged

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Important Stuff
Elevator
Full Time Doorman
Cats and Dogs allowed
Policies
Pied-a-Terre Allowed
Home features
Dishwasher
Storage Available
Building amenities
Services and facilities
Bike Room
Concierge
Fios Available
Laundry in Building
Live In Super
Parking

Garage

Wellness and recreation
Gym
Shared outdoor space
Courtyard
Building info

History
What it'll cost
Purchase price
$725,000
Asking Price: $725,000
Term
30 Years
Down Payment
$145,000 (20%)
Min: 20% (145,000)
Rate
6.25 %
Mortgage Amount
$580,000
Mortgage Payment
$3,571
Maintenance
$1,762
Estimated closing cost
$7,000
Total monthly cost $5,333
Listing Courtesy of R New York

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