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

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

$9,950,000   $8,950,000  

Listing ID Number


Property Description

Cushman & Wakefield has been retained exclusively to arrange for the sale of 351-353 East 62nd Street, two combined and inter-connected mixed-use townhouses ofconversion 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.

- Two buildings delivered vacant.
- 8,001 existing SF / 13,252 buildable SF.
- Significant user/conversion potential.
- Ultra-wide 33-feet of frontage.
- 2 Residential Units.
- 1 Commercial Units.
- Multiple outdoor spaces.
- R8B zoning with C2-5 overlay.


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
Two tax lots
Lot Dimensions:33' x 100.42'
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
Building Sq Ft:8,001



For further information or inspection, please contact Exclusive Agents:

Clint B. Olsen
Executive Managing Director
(212) 660 7747

William Conrad
(212) 660 7740

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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.