by RH Advisors

See Home Value
$2,280,000
Condo - Off Market

1 E 62ND Street #5B

Manhattan, NY 10065
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1299 Sqft
$2,408,122
RealtyHop Estimate
5.62%
Since Apr 1, 2023
NY-New York
Primary Model

About This Property

The first two images are renderings of what the space could look like after renovation.

This one of a kind full-service gilded age mansion offers the rare opportunity to enjoy old world elegance with the flexibility of a condominium, just off Fifth Avenue in one of the world's most coveted locations.

Located on a quiet tree-lined street, just seconds from Central Park, this sun-flooded two-bedroom, two-bathroom home is available for the first time in 45 years. With a European sensibility and ideal split layout, it is a perfect pied-a-terre. Boasting ceilings that soar up to over 11 feet, fine casement windows, two fireplaces and beautiful prewar details throughout, this home is a true gem, perched atop one of the very few prewar mansions in New York City that have been converted to a condominium.

Upon entering this remarkable building, the original Horace Trumbauer designed Reception Hall greets you with magnificence and grandeur and leads up to this one-of-a-kind residence. Step into a spacious entrance foyer that opens up to a cheerful windowed kitchen as well as a grandly scaled living/dining room with corner exposure that is anchored by a wood-burning fireplace. The split bedroom layout offers perfect separation of the two private spaces, each with splendid open city views and their own en-suite bathrooms. The second bedroom, currently configured as a library, features a second wood-burning fireplace. The home is accentuated by beautiful hardwood floors, a washer/dryer, ample closet space and additional private storage in the basement.  

This stunning 42-foot wide limestone mansion was built at the turn of the century by the renowned architect Horace Trumbauer in the neo-French Classic style for John Drexel, a grandson of the founder of Philadelphia banking house Drexel & Co. Converted into apartments in the 1930s, it has housed such notable artists as Ernest Hemingway. Now the Spencer Condominiums at 1 East 62nd Street, this distinguished building offers a full-time doorman and is mere moments to Central Park as well as the finest shops and cafes of Madison Avenue. The building allows 80% financing, pets, pied-a-terres, subletting and co-purchasing.
Unit Size
1,299Ft²
Days on Market
427 days
Land Size
-
Price per sqft
$1,755
Property Type
Condo
Property Taxes
$1,646
HOA Dues
$4,629
Year Built
1905
Last updated: 13 months ago (RLS #PRCH-3705878)

Price History

Date / Event Date Event Price
Mar 9, 2023 Sold to Donald Oconnell, Suzanne Oc... $2,280,000
Sold to Donald Oconnell, Suzanne Oc...
Jan 6, 2023 In contract -
In contract
Dec 5, 2022 Price Decreased $2,450,000
↓ $300K (10.9%)
Price Decreased
May 2, 2022 Price Decreased $2,750,000
↓ $245K (8.2%)
Price Decreased
Jan 6, 2022 Listed by Sothebys International Realty $2,995,000
Listed by Sothebys International Realty

Property Highlights

Fireplace
With View
Doorman
Elevator
Interior Details

Bedroom Information

Bedrooms: 2

Bathroom Information

Full Bathrooms: 2

Interior Information

Interior Features: Entrance Foyer
Appliances: Dryer, Washer Dryer Allowed, Washer

Room Information

Rooms: 4

Fireplace Information

Has Fireplace
Wood Burning
Exterior Details

Property Information

Property Condition: AverageCondition
Year Built: 1903

Lot Information

Lot Size Dimensions: 42.0 x 100.42


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
2 Beds
2 Baths
1,214 ft²
$1,853/ft²
$2,250,000 Oct 9, 2018
$2,250,000 Mar 11, 2019
$3,700/mo
Condo
2 Beds
2 Baths
1,200 ft²
$2,163/ft²
$2,595,000 Jul 1, 2021
$2,595,000 Feb 16, 2022
$3,333/mo
Co-op
2 Beds
3 Baths
1,500 ft²
$1,663/ft²
$2,495,000 Apr 1, 2021
$2,495,000 Apr 14, 2022
$3,979/mo
Co-op
2 Beds
2 Baths
1,560 ft²
$1,453/ft²
$2,266,875 Mar 30, 2022
$2,266,875 Sep 1, 2022
$758/mo
Condo
2 Beds
2 Baths
1,600 ft²
$1,563/ft²
$2,500,000 Oct 12, 2020
$2,500,000 May 27, 2021
$5,244/mo
Co-op
2 Beds
2 Baths
1,750 ft²
$1,540/ft²
$2,695,000 Apr 8, 2022
$2,695,000 Nov 28, 2022
$5,488/mo
Co-op
2 Beds
2 Baths
1,500 ft²
$1,667/ft²
$2,500,000 Mar 5, 2020
-
$3,659/mo
Condo
2 Beds
2 Baths
1,465 ft²
$1,297/ft²
$1,900,000 Oct 4, 2023
-
$6,935/mo
Condo
2 Beds
2 Baths
1,596 ft²
$1,519/ft²
$2,425,000 Jun 15, 2022
-
$7,165/mo
Condo
2 Beds
3 Baths
1,800 ft²
$1,250/ft²
$2,250,000 Mar 14, 2023
-
$5,843/mo
Condo
3 Beds
3 Baths
1,615 ft²
$1,421/ft²
$2,295,000 Nov 1, 2022
-
$5,078/mo
Co-op
3 Beds
3 Baths
1,700 ft²
$1,324/ft²
$2,250,000 Apr 18, 2023
-
$5,544/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220708 Unit 2A
07/08/2022
2A
2 Bed
2 Bath
2109 ft²
$3,999,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
2109 ft²
$3,400,000 -14.98%
01/19/2023
Lisa Maysonet
Sothebys International Realty
20220106 Unit 5B
01/06/2022
5B
2 Bed
2 Bath
1299 ft²
$2,995,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1299 ft²
$2,280,000 -23.87%
03/09/2023
-
Karen Moreau
Sotheby's International Realty, Inc.
20210512 Unit PH
05/12/2021
PH
5 Bed
5 Bath
-
$38,000,000
bedrooms
5 Bed
bathrooms
5 Bath
-
-
-
I.Dolly Lenz
Dolly Lenz Real Estate LLC
20200124 Unit 4AB
01/24/2020
4AB
3 Bed
3 Bath
2700 ft²
$5,900,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
2700 ft²
$3,500,000 -40.68%
12/01/2022
-
Serena Boardman
Sotheby's International Realty, Inc.
20170412 Unit 1A
04/12/2017
1A
1 Bed
1 Bath
1100 ft²
$3,775,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
1100 ft²
-
01/02/2018
Ivan Hernandez
Elliman
20160113 Unit 1A
01/13/2016
1A
1 Bed
1.5 Bath
1100 ft²
$4,650,000
bedrooms
1 Bed
bathrooms
1.5 Bath
square feet
1100 ft²
-
-
-
Kevin Brown
Sothebys International Realty
20150324 Unit 1A
03/24/2015
1A
1 Bed
1 Bath
1100 ft²
$4,695,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
1100 ft²
-
-
-
Joseph Peraino
Prudential Douglas Elliman Real Estate
20150209 Unit PH
02/09/2015
PH
4 Bed
4 Bath
5100 ft²
$24,000,000
bedrooms
4 Bed
bathrooms
4 Bath
square feet
5100 ft²
$24,000,000
06/29/2015
Leighton Candler
Corcoran Group
20121005 Unit PH
10/05/2012
PH
4 Bed
5 Bath
5190 ft²
$29,500,000
bedrooms
4 Bed
bathrooms
5 Bath
square feet
5190 ft²
-
-
-
I. Dolly
Douglas Elliman Real Estate

Building Info

The Spencer Condomi 1 East 62nd Street, New York, NY 10065
  • 12 Units
More about this Building
1 East 62nd Street
Want to find out who owns 1 East 62nd Street, New York, NY 10065? Get detailed property transactions here .

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