62 East 131st Street

About this property

Built circa 1926 and fully renovated in 2013, this 6-story
elevatored multifamily brownstone building contains 5
spacious free market apartments consisting of 6,013± total
SF. These 900± SF spacious 1BR units (with individual
elevator access) may be converted into 2BR units, creating
additional value for future ownership. The property is newly
gut renovated and will be delivered vacant. A new elevator
was installed, which provides keyed access to each individual
units for each floor. It is ideally suited for a user/investor who
may occupy 1-2 units and generate income from the others. It
could also be a single-family conversion or be sold individually
as a condo or co-op. The property benefits from having
protected tax class 2A and subsequently low taxes. Full
Certificate of Occupancy expected by year-end.