Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $700,000

Listed at $725,000 · Sold 3.4% below asking · Closed December 17, 2025

425 E 63rd Street #W-2F
Looking for something similar?
Closed For Sale Condop

$725,000

$967 per sq ft

425 E 63rd Street #W-2F

Upper East Side, Manhattan

MLS® #RLS20049272

RLS at REBNY

Listing by R New York

1

Bedroom

1

Bath

750

Sq. Ft.

1956

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 750 sq ft
Year Built 1956
Ownership Condop
HOA/Common Charges $1,762.09/mo
Parking Garage
Neighborhood Upper East Side
Floor 2 of 12

Property Highlights

  • Exposure: South facing
  • Climate Control: Wall Units
  • Parking: Private garage

Property Details

Type Condop
Ownership Condop
Total Rooms 4
Baths 1 Full
Floor 2 of 12
Exposure South
Cooling Wall Units
Pets Yes
Cross Street First Avenue/York Avenue
Year Built 1956
Living Area 750 sq ft
Parking Garage Available
Structure Type None
Block/Lot 1458/7503

Description

***** 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

Features & Amenities

Interior Features

Entrance Foyer Building Washer Dryer Install Allowed Common Area

Exterior Features

Building Storage Building Courtyard Building Garden

Building Amenities

Elevators

Building Information

Stories 12
Structure None

Financial Details

Common Charges $1,762.09/mo
Sale Price $700,000

The Upper East Side remains the gold standard for classic New York elegance. Known for 'Museum Mile' and its quiet, tree-lined streets, the neighborhood offers a refined lifestyle away from the midtown bustle. While famous for its historic cooperatives, the area has seen a recent surge in ultra-luxury new construction condos, particularly along the Second Avenue Subway corridor, making it a top choice for both traditionalists and modern buyers.

Upper East Side Live Market Data

View Neighborhood

Active Listings

325

Median Asking Price

$1.30M

Median $/Sqft

$1,513

Avg Days on Market

N/A

New This Week

35

Price Reduced

24%

Sold (30 Days)

28

Median Sale Price

$1.42M

Live data from RLS at REBNY • Updated 3/23/26, 9:58 AM EST

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Location

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425 E 63rd Street #W-2F, Upper East Side, New York County • Near First Avenue/York Avenue

Floor Plans

Floor Plan
MLS® ID: RLS20049272
First Listed: 9/17/2025
On Market: 9/17/2025
Price Changed: 9/17/2025
Closed: 12/17/2025
Contract Date: 9/17/2025

Listing Courtesy of R New York - Christopher Pasquale

Listing Contact: (917) 414-2720

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 3/23/2026 at 1:58 PM UTC

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