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Stuart Watkins
Douglas Elliman
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Stuart Watkins
Douglas Elliman
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    ManhattanUpper East Side28 EAST 72ND STREET

    28 east 72nd street
    28 EAST 72ND STREET Upper East Side, Manhattan, NY 10021

    $15,000,000
    For Sale
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    Tools
    Open House
    Size
    1
    Rooms
    80 X 19
    Exterior
    Financial
    $15,000,000
    Change Currency
    Details
    Townhouse
    Property Type
    15361914
    Web Id
    201
    Days Posted

    Description

    28 EAST 72ND STREET, Upper East Side, Manhattan, NY 10021

    An exceptional investment opportunity at 28 East 72nd Street, a distinguished mixed-use, five-story limestone townhouse situated in the heart of Manhattan's Upper East Side, between Madison and Park Avenues. Built in 1910 and renovated in 1989, this property boasts a total building area of 5,353 square feet and offers a compelling investment proposition in one of New York City's most prestigious neighborhoods. 5 floors residential building and main floor commercial . Room for an elevator The property has unused air rights of 9,200 square feet Next to Ralph Lauren store Property Details: - Lot Sqft: 1,460or an elevator The property has unused air rights of 9,200 square feet Next to Ralph Lauren store - Lot Dimensions: 18.25 ft x 80 ft - Building Class: Single or Multiple Dwelling with Stores or Offices (S9) - Building Dimensions: 18 ft x 67 ft - Number of Buildings on Lot: 1 - Stories: 5 - Year Built: 1910 - Year Last Altered: 1989 - Unused Air Rights: 9,200 square feet Prime Location for High-End Retail and Art Galleries: The property is located within the Upper East Side Historic District Extension, an area renowned for its architectural significance and cultural heritage. Just a block from Central Park, it is surrounded by luxury boutiques, fine dining establishments, and world-class cultural institutions. The neighborhood is also home to prominent art galleries such as Skarstedt and the Anita Shapolsky Gallery, as well as auction houses like Sotheby's, making it a vibrant hub for art and culture. Property Highlights: - Mixed-Use Configuration: The building comprises five residential units and two commercial units, all under free-market leases. - Retail Tenants: The ground floor is currently occupied by an art gallery, while the lower level is leased to Ralph Lauren for additional storage space for their adjacent building. - Architectural Features: The townhouse boasts a 22-foot-wide limestone facade, reflecting the grandeur of New York's Gilded Age. A meticulous renovation has preserved its historic charm while incorporating modern amenities. - Zoning and Building Details: - Zoning: C5-1/MP, allowing for high-density commercial and residential use. - Building Class: B. - Lot Size: Approximately 0.03 acres. - Frontage: 18 feet on East 72nd Street Investment Potential: 28 East 72nd Street offers investors a rare opportunity to acquire a property with stable income from established tenants in a location synonymous with luxury and culture. The combination of its architectural significance, prime location, and mixed-use configuration makes it an exceptional asset poised for long-term appreciation. For further details or to discuss this investment opportunity, please feel free to reach out. 28 East 72nd Street is a distinguished Mixed use, five-story limestone townhouse situated in the heart of Manhattan's Upper East Side, between Madison and Park Avenues. Built in 1910 and renovated in 1989, this 8,476-square-foot, mixed-use property offers a compelling investment opportunity in one of New York City's most prestigious neighborhoods. Prime Location for High-End Retail and Art Galleries The property is located within the Upper East Side Historic District Extension, an area renowned for its architectural significance and cultural heritage . Just a block from Central Park, it is surrounded by luxury boutiques, fine dining establishments, and world-class cultural institutions. The neighborhood is also home to prominent art galleries such as Skarstedt and the Anita Shapolsky Gallery, as well as auction houses like Sotheby's, making it a vibrant hub for art and culture . Property Highlights -Mixed-Use Configuration: The building comprises five residential units and two commercial units, all under free-market leases. -Retail Tenants: The ground floor is currently occupied by an art gallery, while the lower level is leased to Ralph Lauren for additional storage space for their adjacent building . -Architectural Features: The townhouse boasts a 22-foot-wide limestone facade, reflecting the grandeur of New York's Gilded Age. A meticulous renovation has preserved its historic charm while incorporating modern amenities . -Zoning and Building Details: -Zoning: C5-1/MP, allowing for high-density commercial and residential use. -Building Class: B. -Lot Size: Approximately 0.03 acres. -Frontage: 18 feet on East 72nd Street . Investment Potential 28 East 72nd Street offers investors a rare opportunity to acquire a property with stable income from established tenants in a location synonymous with luxury and culture. The combination of its architectural significance, prime location, and mixed-use configuration makes it an exceptional asset poised for long-term appreciation.
    Price History View all +
    Date PriceVarianceType
    5/22/2025$15,000,000-Listed
    Listing By: Brown Harris Stevens via Data Source: RealPlus MLS


    Located at 28 EAST 72ND STREET, Manhattan, New York 10021, Upper East Side neighborhood, this Townhouse is for Sale with a price of $15,000,000 USD. The property. This listing encompasses a lot of 80 X 19. See all Homes for Sale in Upper East Side.
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    Brown Harris Stevens

    Stuart Watkins
    Stuart Watkins
    • Sales Agent
    1717 W. 6th Street, Suite 190
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