Extremely rare opportunity to own a mixed-use building that is primed and delivered occupied with value-added opportunities in the residential and commercial units.Located in the Lenox Hill of Manhattan, on the North side of East 62nd Street between First and Second Avenues, 345 East 62nd Street is a charming, fully renovated 6 stories, 9,453 square-foot, rare mixed-use building with keyed-access elevator.
The building consists of 5 residential units and 2 commercial units. The residential units consist of three floor-through two bedrooms/two bathrooms; one 2.5 bedrooms/2.5 bathrooms duplex penthouse; and a studio apartment. All units are free market with recently upgraded HVACs and water heaters, washer/dryers, balconies and terraces. The commercial units feature a fully vented lower level and retail on the ground with an enclosed outdoor space. The lower level kitchen is leased, and the first floor will be delivered vacant.
The set-up offers an immediate owner-user opportunity or increase cash flow to lease retail, office, gallery, consulate, or residential conversion. Contact for additional information and current rent roll.
Projected NOI $342,400