***** INVESTOR UNIT- TENANT IN PLACE ***** Investor Special! This spacious 1-bedroom at 425 East 63rd Street offers an excellent 4.5% cap rate, making it a rare turnkey investment in the heart of Lenox Hill. With a tenant already in place, this unit provides immediate income and stable returns. The residence itself features a generously sized living/dining area, a separate kitchen, hardwood floors, and excellent closet space. Oversized windows ensure great natural light and a quiet outlook, enhancing long-term rental appeal. Investment Highlights: 4.5% cap rate Tenant in place, immediate income Low monthly carrying costs relative to rental income Strong demand rental neighborhood Building Features: Full-time doorman Elevator building with on-site laundry Live-in resident manager Pet-friendly (with board approval) Location: Situated on a quiet block in Lenox Hill, just steps from the East River promenade, Roosevelt Island tram, and convenient access to the Q/F/6 trains and crosstown buses. The area’s shops, dining, and medical centers ensure consistent rental demand. Additional Details: Co-op with investor-friendly policies Subletting permitted (with board approval) Some Photos are virtually staged