The Royal York
425 East 63rd Street, W-2F
Upper East Side | First Avenue & York Avenue
Rooms
4
Bedrooms
1
Bathrooms
1
Status
Active
Maintenance [Monthly]
$ 1,762
ASF/ASM
750/70
Financing Allowed
80%
Property 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
***** 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
Listing Courtesy of R New York
Care to take a look at this property?
Apartment Features
A/C [Through the Wall]
View / Exposure
South Exposure
Building Details [425 East 63rd Street]
Ownership
Condop
Service Level
Full Service
Access
Elevator
Pet Policy
Pets Allowed
Block/Lot
1458/7503
Building Type
Mid-Rise
Age
Post-War
Year Built
1956
Floors/Apts
12/240
Building Amenities
Bike Room
Common Storage
Courtyard
Garage
Garden
Health Club
Laundry Rooms
Building Statistics
$ 1,036 APPSF
Closed Sales Data [Last 12 Months]
Mortgage Calculator in [US Dollars]
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
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Additional building data provided by On-Line Residential [OLR].
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
Fair Housing
