The Royal York 425 E 63rd St Unit W2F New York, NY 10065
Lenox Hill NeighborhoodEstimated payment $6,316/month
Highlights
- Community Garden
- Cooling System Mounted In Outer Wall Opening
- Garage
- P.S. 183 - Robert L. Stevenson Rated A
- Entrance Foyer
- 2-minute walk to Andrew Haswell Green Park
About This Home
***** 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 area’s 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
Property Details
Home Type
- Condo-Op
Year Built
- Built in 1956
HOA Fees
- $1,762 Monthly HOA Fees
Parking
- Garage
Home Design
- Entry on the 2nd floor
Interior Spaces
- 750 Sq Ft Home
- Entrance Foyer
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Additional Features
- South Facing Home
- Cooling System Mounted In Outer Wall Opening
Listing and Financial Details
- Legal Lot and Block 7503 / 1458
Community Details
Overview
- Upper East Side Subdivision
- 12-Story Property
Amenities
- Community Garden
- Laundry Facilities
Map
About The Royal York
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
09/17/2025 09/17/25 | For Sale | $725,000 | +6.8% | $967 / Sq Ft |
08/04/2021 08/04/21 | Sold | $679,000 | -9.5% | -- |
09/10/2020 09/10/20 | For Sale | $750,000 | -- | -- |
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS20049272

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