Other, 367 E 62ND Street #, Lenox Hill - Real Estate New York

Description

Rare opportunity to acquire a flexible mixed-use townhouse on a prime Upper East Side block in the heart of Lenox Hill.

367 East 62nd Street is configured as two legal residential apartments plus one legal commercial/garage space, offering a compelling opportunity for investors, owner-users, and end users alike. The property delivers immediate in-place income, rare flexibility, and long-term upside in one of Manhattan's most established and convenient neighborhoods.

The residential portion includes a large upper duplex residence along with a separate second-floor apartment, each with its own entrance. The commercial component on the ground floor offers legal commercial use as well as legal garage/parking functionality, creating an uncommon level of utility and optionality rarely found in townhouse inventory on the Upper East Side.

Whether a purchaser is seeking:

a firm mixed-use investment
a live/work or owner-user opportunity
a private garage with income above
or a longer-term value-add / redevelopment play

this property offers multiple viable paths.

Additional highlights include:

Approx. 3,945 existing SF
Approx. 7,008 buildable SF of unused development rights
Separate residential entrances
Vacant ground-floor commercial/garage space with flexible future use
Strong Upper East Side location adjacent to shopping, dining, parks, and transportation

Ideally positioned just moments from the neighborhood's best restaurants, retail, and multiple subway lines, 367 East 62nd Street presents a rare chance to acquire a versatile and strategically located Manhattan townhouse with both present utility and future upside.
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