Seller's Agent in 2025
Christopher Pasquale
R New York
(917) 414-2720
4 in this area
17 Total Sales
***** 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
Last Agent to Sell the Property
R New York License #10401346343 Listed on: 09/17/2025
Last Buyer's Agent
Non Member
Non Member Office
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/17/2025 12/17/25 | Sold | $700,000 | -3.4% | $933 / Sq Ft | |
| 10/20/2025 10/20/25 | Pending | -- | -- | -- | |
| 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% | -- | View Prior Sale |
| 09/10/2020 09/10/20 | For Sale | $750,000 | -- | -- |
Seller's Agent in 2025
Christopher Pasquale
R New York
(917) 414-2720
4 in this area
17 Total Sales
N
Buyer's Agent in 2025
Non Member
Non Member Office
Seller Co-Listing Agent in 2021
Jason Lanyard
Douglas Elliman Real Estate
(212) 645-4040
3 in this area
31 Total Sales
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS20049272
Ask me questions while you tour the home.