Mixed Use Building for Auction in New York

Auction Sale of Mixed Use Building located in New York, New York. The property is currently confgured as 4 stories plus basement and approximately 7,010 square feet. The property consists of two vacant commercial ground floor spaces, which can easily be combined and will enjoy the full frist floor, basement and the lush and quaint garden in the rear of the building. The building sits on a 27.5' x 91' lot, is located in a C1-8X, R8B Zone (Residential FAR 9.0 and Commercial FAR 2.0) and has approximately 6,382 square feet of development rights remaining. The property is neither Landmarked nor located in a Historic District. Located at the southernmost part of the Upper East Side and only moments to Midtown, Lenox Hill has established itself as a go to stop for development as demand signifcantly outpaces supply. 145-147 East 62nd Street is appropriately positioned to attract the highest level of interest from condo residents as it is steps to the 4/5/6, F and N/Q/R trains, a short walk to Central Park and perfectly placed west of Third Avenue in the heart of the Upper East Side's most fantastic shopping and nightlight including the designer boutiques and bustling cafe´'s on Madison Avenue.