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38 E 63rd St 6,700 SF Office Building New York, NY 10065 $19,831,359 CAD ($2,959.90 CAD/SF)
Investment Highlights
- Delivered fully vacant, enabling a wide range of adaptive reuse options.
- Historic brick-and-limestone façade with classic architectural detailing.
- Five above-grade floors plus basement for flexible interior configuration.
- Prime Upper East Side block just off Madison Avenue near world-renowned luxury retailers.
- Equipped with a commercial-grade elevator, multiple terraces, and 10’ 5” ceiling heights.
- Excellent potential for conversion to full or partial luxury residential use.
Executive Summary
Cushman & Wakefield, in partnership with The Modlin Group & BHS, has been exclusively retained to offer for sale the 100% fee simple interest in 38 East 63rd Street (the “Property”), a 6,712 square foot commercial townhouse located on 63rd Street between Madison Avenue and Park Avenue, one of the most desirable locations on the Upper East Side.
38 East 63rd Street will be delivered 100% vacant, offering an extraordinary opportunity for a wide range of future uses. Investors and end-users alike may choose to maintain the property as a premier commercial asset—ideal for boutique office, private gallery, or select retail/ showroom use—or to convert it into a trophy-quality single-family townhome.
38 East 63rd Street will be delivered 100% vacant, offering an extraordinary opportunity for a wide range of future uses. Investors and end-users alike may choose to maintain the property as a premier commercial asset—ideal for boutique office, private gallery, or select retail/ showroom use—or to convert it into a trophy-quality single-family townhome.
Taxes & Operating Expenses (Actual - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
$204,567
|
$30.53
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$204,567
|
$30.53
|
Taxes & Operating Expenses (Actual - 2026)
| Taxes (CAD) | |
|---|---|
| Annual | $204,567 |
| Annual Per SF | $30.53 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $204,567 |
| Annual Per SF | $30.53 |
Property Facts
Sale Type
Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
6,700 SF
Building Class
A
Year Built
1880
Price
$19,831,359 CAD
Price Per SF
$2,959.90 CAD
Tenancy
Single
Building Height
5 Stories
Typical Floor Size
1,340 SF
Building FAR
3.71
Lot Size
0.04 AC
Zoning
R8B, LH-1A - High density residential district
1 1
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Exceptionally bikeable
90/100
Property Taxes
| Parcel Number | 1377-0045 | Total Assessment | $1,888,556 CAD (2025) |
| Land Assessment | $980,027 CAD (2025) | Annual Taxes | $204,567 CAD ($30.53 CAD/SF) |
| Improvements Assessment | $908,529 CAD (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
1377-0045
Land Assessment
$980,027 CAD (2025)
Improvements Assessment
$908,529 CAD (2025)
Total Assessment
$1,888,556 CAD (2025)
Annual Taxes
$204,567 CAD ($30.53 CAD/SF)
Tax Year
2026
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38 E 63rd St
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