***** 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