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$700,000
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Property 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 rateTenant in place, immediate incomeLow monthly carrying costs relative to rental incomeStrong demand rental neighborhoodBuilding Features:Full-time doormanElevator building with on-site laundryLive-in resident managerPet-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 area's shops, dining, and medical centers ensure consistent rental demand.Additional Details:Co-op with investor-friendly policiesSubletting permitted (with board approval)Some Photos are virtually staged
Full Property Details
Full Property Details for 425 E 63rd St #W-2F
General
- Sold For: $700,000
- HOA FEE: $1,762/month
- Status: Closed
- Type: Condop
- Source: REBNY
- MLS ID: RLS20049272
- Added to Site: 206 day(s) ago
Interior
- Number of Rooms: 4
- Interior Features: Entrance Foyer
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Other Rooms
- Laundry: Building Washer Dryer Install Allowed, Common Area
Exterior
- Exterior Features: Building Storage, Building Courtyard, Building Garden
Parking
- Garage: Yes
Location
- County: New York
- Subdivision: Upper East Side
- Cross Streets: First Avenue/York Avenue
Community
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall Unit(s)
Structural Information
- Structure Type: None
- Stories/Levels: 12
- Square Feet: 750
- Living Area: 750 Sq. Ft.
- Year Built: 1956
- Other Struct. Feat.: Elevator(s)
Financial Considerations
- Association Fee: $1,762
- Assoc Fee Freq.: Monthly
Disclosures and Reports
- Special Conditions: Standard
- Block: 1458
- Lot Number: 7503
Listing Courtesy of R New York
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Schools
Schools serving 425 E 63rd St #W-2F
School District:New York City Geographic School District 02
| Name | Grades | Distance |
|---|---|---|
Ps 183 Robert L Stevenson 419 East 66th Street, New York, NY 10065 | K-5 | 0.2 mi |
Jhs 167 Robert F Wagner 220 East 76th Street, New York, NY 10021 | 6-8 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 425 E 63rd St #W-2F
Date
Details
Price
Change
Source
12/17/2025
Sold
$700,000
-3.45%
MLS
9/17/2025
Listed
$725,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
425 E 63rd Street #W-2F, New York City, NY 10065 (MLS# RLS20049272) is a Condop property that was sold at $700,000 on December 17, 2025. Want to learn more about 425 E 63rd Street #W-2F? Do you have questions about finding other Condop real estate for sale in New York City? You can browse all New York City real estate or contact a Coldwell Banker agent to request more information.

