351-353 E 62nd Street, New York, NY 10065

Upper East Side, Midtown East, New York, New York 10065

$9,950,000  

Listing ID Number

25092

Property Description

Cushman & Wakefield has been retained exclusively to arrange for the sale of 351-353 East 62nd Street, two combined luxury mixed-use townhomes offering the perfect user, live/work or live/invest opportunity. The property is currently configured as a luxury townhouse on the upper floors, a restaurant on the ground and second floors and an additional 1-bedroom unit with separate entrance. The property will be delivered vacant.

Overview

Building Type:Live Plus Income Buildings, Mixed-Use Investment Buildings, Mixed-Use User Buildings, Townhouses
Location:North side of East 62nd Street between First and Second Avenues
Block/Lot:1437/20&120
Two tax lots
Lot Dimensions:33' x 100.42'
Combined
Buildable Sq. Ft:13,252
Available Air Rights:5,251
Residential Units:2
Commercial Units:1
Residential FAR:4.00
Commercial FAR:2.00
Assessment Value:$478,586
Taxes:$95,381
Building Sq Ft:8,001

Documents

Contact

For further information or inspection, please contact Exclusive Agents:

Clint B. Olsen
Executive Managing Director
(212) 660 7747
clint.olsen@cushwake.com

Alex Woodlief
Associate
(212) 660 7713
alex.woodlief@cushwake.com

William Conrad
Associate
(212) 660 7740
William.Conrad@cushwake.com


Property Images

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Property Map


Aerial View


The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it. All zoning, buildable footages and uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not necessarily relate to actual vacancy, if any. The value of this investment is dependent upon these estimates and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, AND ALL OTHER INFORMATION HEREIN.