$7,950,000 USD
212-430-5147
237 W 72nd St
New York, NY 10023
Upper West Side
HIGHLIGHTS
- 100% Free Market Asset – No rent regulation, allowing maximum rental growth and operational flexibility.
- Turnkey Property – Fully renovated with condo-quality finishes; no immediate capital improvements needed.
- Protected Tax Class 2A – Predictable property taxes with capped annual increases.
- Strong Retail Tenant – Ground-floor space leased to RSM, a well-established national education provider.
- Prime Upper West Side Location – Steps from Central Park, Lincoln Center, dining, and shopping in one of Manhattan's most sought-after neighborhoods
OVERVIEW
The New York Multifamily team is pleased to offer the following opportunity located in the heart of the Lincoln Square/Upper West Side neighborhood. 237 West 72nd Street is located on the north side of West 72nd Street between Broadway and West End Avenue. The property boasts an approximate gross square footage of 8,440, is zoned C4-6A / R10A, and is built 23 ft x 94 ft on a 23 ft x 102.17 ft lot (Block: 1164; Lot: 17).
FOR SALE DETAILS
PRICE
$7,950,000 USD
PRICE/SF
$1,018 USD /SF
# OF UNITS
6
PRICE/UNIT
$1,325,000
CAP RATE
6.7%
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Mid-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
5
YEAR BUILT
1900
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.05 AC
LAND SF
2,178 SF
ZONING
C4-6A
APN/PARCEL ID
1164-0017
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212-430-5147
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212-430-5147
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