Building Details

Tenancy Multi

Listing Agency: Compass Union Square s***@compass.com Show Phone

Listed By: Susanne Columbia · License #30CO0945857

Source: Crexi

Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 3:22PM

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Investment Insights

Based on property information with market context.

This mixed-use building includes five residential units and one two-level commercial unit. The residential units have been renovated with recently upgraded HVAC, water heaters, washer/dryers, and balconies. The commercial space features retail on the ground floor along with a fully vented lower level and an enclosed outdoor area that can support restaurant use.

All units are separately metered, supporting independent utility management. The building is well maintained and includes a new roof installed in 2021. Access is limited, and weekdays after 3:00 pm are preferable for showings.

Key Highlights

• Building with five residential units and one two‑level commercial unit (separately metered)
• New roof installed in 2021
• Recently upgraded residential units with new HVAC, water heaters, washer/dryers, and balconies

Property Analytics

Property Profile

Current Use

Whitmans Restaurant Little Gem Catering Take-out & Catering

Suggested Use

Top Pick Auto Parts Store Nursing Home Daycare Center Butcher Buffet Mobile Phone Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5

Residential units

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

31,376

Businesses Nearby

Explore this area Business Placement

Demographics for 10065, NY

32,891

Population

22,734

Households

1.4

Avg Household Size

40

Median Age

86%

College-Educated

98%

High-School Grad

0.4 sq mi

ZIP Area

82,228

Density / Sq Mi

$160,938

Median Household Income

$121,212

Median Earnings

$2,828

Median Rent

$1,368,200

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

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Frequently Asked Questions

What type of property is this?

Mixed-use property - Five residential units and one two-level commercial unit, separately metered, with renovated interiors and a fully vented commercial lower level.

Where is this mixed-use property located?

The property is located at 345 E 62nd St New York, NY.

What are key features of this property?

This property features: Building with five residential units and one two‑level commercial unit (separately metered); New roof installed in 2021; Recently upgraded residential units with new HVAC, water heaters, washer/dryers, and balconies