Seller's Agent in 2025
Christopher Pasquale
R New York
(917) 414-2720
5 in this area
18 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
5 in this area
18 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
1 in this area
29 Total Sales
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS20049272
Ask me questions while you tour the home.