Updated 7 years ago
Off Market
228 West 72nd Street
Lincoln Square, Manhattan | West End Ave & Broadway
11,280 Square FeetIncome Property
$8,350,000
floors / apts6 / 9
Lot Size25'x102'2"
Built Size25'x90'
ZoneC4-6A
Building TypeLow-Rise
RE Taxes$115,837
Price Per SF
$740
Building Amenities
- Voice Intercom
Property Description for 228 West 72nd Street
JLL has been retained on an exclusive basis to arrange for the sale of 228
West 72nd Street, a 25’ wide, 6-story mixed-use property located on West
72nd Street between Broadway and West End Avenue with spectacular
retail frontage.
The property consists of 9 apartments and 1 street-level commercial
unit featuring an enclosed sidewalk café and second floor dining area.
The retail tenant is Gebhard’s Beer Culture, a popular craft beer pub and
restaurant rapidly becoming an iconic Upper West Side destination.
Of the residential units, five are free market and four are rent stabilized.
The units consist of 4 onebedrooms and 5 two-bedrooms. The Free
Market Units are achieving an average rent of approx. $3,036 per month.
The Rent Stabilized Units are renting for an average of approximately
$1,042.
The property has been immaculately maintained by current ownership
and features high ceilings throughout and great interior bones suitable
for a value-add, high-end renovation.
Full marketing brochure available upon request.
Listing History for 228 West 72nd Street
Now
03/27/2019
POM by Paul Smadbeck
JLL
02/12/2019
$8,350,000 [-$1,250,000] [13%]
Price Drop by Paul Smadbeck
JLL
Building Details for 228 West 72nd Street
OwnershipIncome Property
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1900
Floors/Apts6/9
Transit and Citi Bike
Subway
72 St
0.06 miles
79 St
0.38 miles
66 St-Lincoln Center
0.39 miles
72 St
0.42 miles
Citi Bike
W 70 St & Amsterdam Ave
0.11 miles
Amsterdam Ave & W 73 St
0.11 miles
Lincoln Square | Manhattan
Quick Profile
Centered, in name and location, around the Lincoln Center for the Performing Arts, Lincoln Square’s history is heavily steeped in strong African American and Afro-Caribbean roots. Iconic jazz pianist, Thelonious Monk, is counted among its many former artistic and professional denizens.
The neighborhood is beloved for its amazing shopping, its distinguished art scene, and phenomenal restaurants--and don’t forget Central Park. From Lincoln Square, one is at the gateway to virtually everything New York City has to offer, either in your backyard or via excellent subway access.
With its beautiful pre-war architecture surrounded by some of NYC’s premier skyscrapers, Lincoln Square has become a safe, much sought after neighborhood. If you like living in the action, there are few places in the world that can rival Lincoln Square.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 74381TH
Find home. Discover happiness.