RealtyLens
for saleRealtyLens property overview
$35,000,000

15-17 E 62nd St

Manhattan, NY, 10065
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12Beds
12Baths
16,200Sqft
$2160$/sqft

Listing Notes

An Exceptional Opportunity on East 62nd Street Located on one of the Upper East Side's most prestigious blocks, between Fifth and Madison Avenues, this rare offering presents the chance to acquire two side by side magnificent limestone townhouses spanning an impressive 41 feet of frontage. Together, the properties encompass approximately 16, 200 square feet above grade, with an additional 3, 100 SF on the lower level, and are currently interconnected on each floor by a hallway. Each structure retains its own grand staircase and elevator, allowing for versatility of use and design. The interiors showcase beautifully maintained rooms filled with natural light from oversized windows, soaring ceiling heights reaching up to 14 feet on the double parlor floor, multiple wood-burning fireplaces, and original architectural detail. An existing backyard lies between the two structures, with potential for further outdoor terraces. Currently configured for non-profit office use, the property may be reimagined as a grand private residence or for approved not-for-profit or philanthropic purposes. 15 East 62nd Street, designed by the famed architect C.P.H. Gilbert in 1900, boasts a striking Beaux-Arts facade with a high stoop, blending seamlessly with the stately limestone facade of 17 East 62nd Street. Available for the first time in over 50 years, this unique pair of properties offers a rare opportunity to create a legacy estate of exceptional scale and grandeur in one of Manhattan's most coveted locations, steps from Fifth Avenue, Central Park and Madison Avenue's ultra luxury retail corridor, most fashionable restaurants and private membership clubs. 15-17 East 62nd Street (One Tax Lot) Asking Price: 35, 000, 000 Total Approximate Square Footage: 16, 200SF Above Grade and 3, 100SF Cellar Annual R.E Taxes: $288, 983 (2025-2026) Current Certificate of Occupancy: Offices (Philanthropic Non profit Institution without sleeping accommodations) Zoning Districts: R8B, LH-1A Upper East Side Historic District

Market Insights

Below nearby median-41%

$2160/sqft vs a nearby median of $3631/sqft.

Nearby median$3631/sqft
Nearby properties8
Property size16,200 sqft
  • -41% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 16,200 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$58M$53M$64M · 42% confidence
vs ask $35M−$23M (−66.4%)

Asking price is about 66.4% below the fair value — likely to draw competing offers if it's still on market.

$3,631/sqft median across 5 tight comps × 16,200 sqft= $59M
  • Days-on-market gravity−$1.76M −3.0%
  • Transit access+$1.47M +2.5%
  • Pre-war character+$1.47M +2.5%
  • Visible condition issues−$1.18M −2.0%
  • Virtually staged−$588k −1.0%
Cumulative NYC adjustments−$588k−1.0%

Property Read

FreshnessCurrent market data

The listing facts are current enough for an initial property review.

Market Position-41% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read2 items to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
225 days
Last price change
No change recorded
Listed
Sep 29, 2025
Photos
14 photos
Property type
townhomes
Status
for sale

Features & Amenities

ElevatorFireplaceTwo Or More StoriesBasementHigh CeilingRental PropertyElevator

Photos

Building Facts

Year built
1900
Stories
4
Total units
7
Building area
14,981 sqft
Lot size
4,117 sqft
Land use
Commercial and office buildings
Building class
O2

From NYC public records where available.

Price History

May 4, 2026Initial record
$35,000,000for sale

You can also find this listing on StreetEasy.

Listing data sourced from streeteasy.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.