Luxury Condo Opportunity on the Upper East Side
Address: 155 E 72nd Street, New York, NY, 10021
Price: $875,000
Sale Type: Investment or Owner-User
Type: 3-Star High-Rise Apartment Condo
Property Overview:
Located in the prestigious Upper East Side, 155 E 72nd Street offers an exceptional condo investment opportunity in a well-maintained high-rise residential building. Featuring 39 units across 16 stories, this Class B property provides a blend of classic NYC charm and modern convenience, making it an ideal option for owner-occupiers or investors seeking a valuable asset in one of Manhattan’s most desirable neighborhoods.
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Key Features:
Prime Upper East Side Location:
- Situated on East 72nd Street, a tree-lined street just steps from Park Avenue, Madison Avenue, and Central Park.
- Surrounded by luxury boutiques, fine dining, and cultural institutions, ensuring a high-quality living experience.
- Close proximity to top private schools, exclusive residences, and medical centers, making it highly appealing to affluent buyers and renters.
Spacious & Well-Designed Condo Units:
- 39 residential units with an average unit size of 642 SF, offering efficient layouts and elegant finishes.
- Gross Building Area (GBA) of 112,355 SF, with a typical floor plate of 7,022 SF, ensuring comfortable and well-spaced residences.
- Market-rate rental structure, allowing for strong appreciation potential and investment flexibility.
Investment Potential & Market Appeal:
- Prime Upper East Side location, attracting high-end tenants and buyers.
- Strong rental demand and appreciation potential, with market-rate leases ensuring long-term value growth.
- Ideal for owner-occupiers seeking a luxury residence or investors looking for a profitable rental property in an affluent area.
Excellent Transit Access:
- Steps from major subway lines (Q, 4, 5, 6), ensuring seamless access across NYC.
- Close to major bus routes and FDR Drive, providing easy connectivity for commuters.
Highlights:
✔ $875,000 condo investment in a premier Upper East Side location
✔ Luxury residential high-rise with strong rental demand
✔ Well-designed units with market-rate rental opportunities
✔ Surrounded by high-end shopping, dining, and cultural attractions
✔ Convenient transit access, steps from subway lines and major business hubs
Conclusion:
155 E 72nd Street presents an exceptional opportunity to own a luxury condo in one of Manhattan’s most exclusive neighborhoods. Whether for personal use or as an investment, this property offers prime location advantages, excellent long-term value, and a prestigious Upper East Side address.
Contact us today to schedule a private tour and explore this exclusive condo opportunity!
