$725,000

Estimated payment $6,316/month

1 Bed
1 Bath
750 Sq Ft
$967 Price per Sq Ft

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

Listing Agent

Christopher Pasquale

R New York License #10401346343 Listed on: 09/17/2025

R New York

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

Property Details

Home Type

Condo-Op

Year Built

Built in 1956

Lot Details

0

HOA Fees

$1,762 per month

Listing Details

  • Cross Street: First Avenue/York Avenue
  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Upper East Side
  • Entry Level: 2
  • Structure Type: None
  • Special Features: None
  • Property Sub Type: Coop
  • Stories: 12

Interior Features

  • Interior Features: Entrance Foyer
  • Living Area: 750.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 1

Exterior Features

  • Exterior Features: Building Storage, Building Courtyard, Building Garden

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area
  • Green Building Features: Elevator(s)
  • Cooling: Wall Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1762.09
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condop

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Total Stories: 12
  • Year Built: 1956

Tax Info

  • Tax Block: 1458
  • Tax Lot: 7503

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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)

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20049272

Real Estate Board of New York (REBNY)