351-353 East 62nd Street, New York (Upper East Side), NY, 10065 | $6,750,000

Nestled within the prestigious Upper East Side of Manhattan, 351-353 East 62nd Street presents an unparalleled opportunity for luxurious live/work or investment endeavors. These meticulously combined mixed-use townhouses epitomize sophistication and promise boundless potential for discerning individuals seeking to redefine Manhattan living.

Presented entirely vacant, these townhouses offer a pristine canvas, inviting visionary minds to unleash their creativity and transform the space into a bespoke oasis of opulence. Formerly housing the esteemed neighborhood icon, Il Vagabondo, the ground floor and portions of the parlor floor boast a fully equipped restaurant/bar, featuring a state-of-the-art commercial kitchen, multiple dining areas, a full basement, a serene rear garden, and the rare allure of an indoor bocce court.

Ascending to the upper floors reveals two residential sanctuaries, including a grand 4-5 bedroom townhouse duplex exuding timeless elegance. Bathed in natural light pouring through skylights and windows, the duplex showcases impeccable craftsmanship and bespoke design elements. A sprawling outdoor terrace beckons for al fresco gatherings, while custom-built-ins elevate the allure of each living space.

Positioned between First and Second Avenue, this distinguished property is close to an array of upscale amenities, from exclusive boutiques to gourmet dining establishments and premier medical facilities. Transportation options are effortlessly accessible, with the N, Q, R, W, and F trains just a mere three blocks away, ensuring seamless connectivity to the rest of the city.

In summary, 351-353 East 62nd Street epitomizes the epitome of luxury living on the Upper East Side, offering an unparalleled canvas for visionary individuals to craft their own masterpiece amidst the vibrant heartbeat of Manhattan.

Features

  • Town: New York
  • Levels: 4
  • Cooling: Central
  • Amenities: Garden;
  • Zoning: R8B
  • Laundry: InUnit
  • Year Built: 1930
  • Terrace : Yes
  • Building Access : Walk-up
  • Service Level: Voice Intercom
  • OLR#: RPLU1032522985083
  • Days on Market: 199 days
  • Website: https://www.raveis.com
    /prop/RPLU1032522985083/351353east62ndstreet_newyork_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Serhant LLC

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

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351-353 East 62nd Street, New York (Upper East Side), NY, 10065

$6,750,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.Alvarez@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $5,400,000 $5,400,000 $5,400,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.125% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.769% 6.270% 5.864%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $30,238 $32,811 $44,482
Total Monthly Payment $30,363 $32,936 $44,607

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.