41 E 62ND ST #House

Property in Lenox Hill
Active
 for Sale at 41 East 62nd Street, New York, NY 10065

17

 for Sale at 41 East 62nd Street, New York, NY 10065
 for Sale at 41 East 62nd Street, New York, NY 10065
 for Sale at 41 East 62nd Street, New York, NY 10065
$40,000,000
Stu
5
Baths
2
Half Baths
16,000
Ft²
$2,500
$/ft²
Acres
Cap Rate
Est. Monthly
Cap Rate
Est. Monthly
$196,407
35-FOOT WIDE TROPHY PROPERTY FOR MIXED USE, COMMUNITY FACILITY OR SINGLE-FAMILY CONVERSION

41 East 62nd Street was originally built as a stable for Elbridge T. Gerry,  a prominent lawyer whose mansion was located on Fifth Avenue and 60th Street. Alfred Zucker, the original architect for the property, constructed a three-story stable with a remarkably sophisticated facade that married neo-Tudor and Gothic Revival elements. The distinguished facade we now see was the result of an alteration in 1946. It is constructed of red brick laid in English bond with a recessed doorway at the east end of the property. Iron railings and stone lintels adorn the second-floor windows, while balustrades are set below the front...

Building Features

Facilities

Storage Available

Outdoor Space

Garden

Building Style

Prewar

Home Features

HVAC

Central A/C

Exposure

North ExposureSouth Exposure

Price History

Date/EventEventPrice
Jan 20, 2023 Listed by SerhantListed by Serhant$40,000,000
Oct 6, 2004 SoldSold$14,567,500

Property Analysis

Cap Rate Analysis

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
IncomePer Year
$35,400
ExpensesPer Year
$0
Operating ProfitPer Year
$35,400
Cap rate
0.09%

Price Estimate

$45,153,000$39,369,635$33,586,270
20232024202520262027
Current Asking Price

$40,000,000

HopScore Market Price

$39,369,635

The current asking price is $630,364.83 above the HopScore market price.

Comparables

Unit
Status
TypeBedsBathsft²
Price/ft²
Price
Common Charges
Sold
Townhouse
6
8
14,825 ft²
$3,238/ft²
$48,000,000
Sold
Townhouse
6
8.5
12,551 ft²
$2,868/ft²
$36,000,000
Sold
Condo
5
5.5
9,000 ft²
$3,667/ft²
$33,000,000
$35,817/mo
Sold
Condo
4
5
5,850 ft²
$5,897/ft²
$34,500,000
$16,134/mo
Sold
Condo
5
7.5
7,058 ft²
$5,384/ft²
$38,000,000
$31,646/mo

Payment Calculator


Building Info

41 East 62nd Street41 East 62nd Street, New York, NY 10065
  • 1 Units
  • 1 Unit for Sale
More about this Building
41 East 62nd Street
Want to find out who owns 41 East 62nd Street, New York, NY 10065? Get detailed property transactions here .

Neighborhood

About Lenox Hill

Stats & Trends

The median asking price in Lenox Hill is $1,199,000.
  • Median Asking

    $1,199,000
  • Sale Price/ft²

    $1,289.99
  • Above Asking

    0.32%
  • Days on Market

    127

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Sales History

UnitBedsBathsft²Asking
Common Charges
Listed
Listing Status
Closed
Days on Market
Closing
Above/Below Asking
Buyer(s)
Stu
5
16,000
$40,000,000
-/mo
Jan 20, 2023
Active
-
-
-
-
-
-
-/mo
-
-
Oct 6, 2004
-
$14,567,500
-
-
-
-/mo
-
-
Aug 8, 2001
-
-
-
-
-
-/mo
-
-
Apr 16, 1997
-
-
-
-
-
-/mo
-
-
Mar 3, 1995
-
-
-

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Unit #House, 41 East 62nd Street, New York, NY 10065


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The median home price in Upper Manhattan is $1,600,000, or $1,476/sqft. When you buy a home in Upper Manhattan, you can expect to pay between $765,000 to $3,692,500. These figures may differ depending on the location, type, and size of the property.
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