This fully renovated Lenox Hill mixed-use building is located on the north side of East 62nd Street between First and Second Avenues. 345 East 62nd Street is a charming, fully renovated six-story, 9,453 square-foot, mixed-use building. This opportunity will work well for both owner-users and turn key investors. Built 17' X 90' on a 100' lot this building is approximately 9,453 sf in size. Zoning is R8B, C2-5. The building consists of five residential units and one two-level commercial unit. All units are separately metered. The building is well maintained and has a new roof as of 2021. The residential units have luxury condominium-like finishes, Bosch and Subzero appliances and consist of three (3) floor-through two bedroom, two bath apartments; (1) one two-bedroom, two and a half bath duplex Penthouse with home office, balcony, and a 243 sf rooftop deck with floor-to-ceiling windows; and (1) one studio apartment. All units are free market with leases ending in 2023 and have been recently upgraded, including HVAC, water heaters, washer/dryers, and balconies. The commercial unit features a fully vented lower level and retail on the ground with an enclosed outdoor space perfect for restaurant use. The lower level kitchen is leased, and the first floor will be delivered vacant. The Projected NOI is $390,436. The set-up offers an immediate owner-user opportunity or increased cash flow to lease retail, office, gallery, consulate, or residential conversion. Contact for additional information and current rent roll.
