Updated 11 days ago
16 Rooms6 Beds5 Baths5,358 Square FeetMixed Use
$15,000,000
floors / apts5 / 5
Lot Size18'3"x80'
Built Size18'x67'
ZoneC5-1
Building TypeTownhouse
RE Taxes$150,101
Price Per SF
$2,800
Building Amenities
- Voice Intercom
- Elevator
- Laundry Room
Property Description for 28 East 72nd Street
Located on the iconic Upper East Side corner of Madison Avenue and East 72nd Street, one block from Central Park, 28 East 72nd Street ("The Waldo Mansion") is an elegant five-story Gilded Age limestone townhouse with limitless potential. By the end of 2026 the rent in one of the apartments and one of the commercial units will be increased by $1,500.
Constructed originally in 1897 for Gertrude R. Waldo by Kimball & Thompson architects as a single family mansion in the neo-French Renaissance (Châteauesque) Style, the property is currently configured as a fully occupied mixed-use asset with 5,358 interior sqft with 9,242 unused FAR. This presents the unique opportunity for a discerning purchaser to restore the home to it's former glory as a distinguished single-family residence on an exemplary block, or to hold as a long-term income producing asset in one of the most prestigious and valuable neighborhoods in the world.
Architectural description:
On the entrance level, there is a round-arched entrance with an adjacent round-arched window giving the impression of an arcade. The facade of the mansion is dominated by a projecting curved bay window at the second and third stories surmounted by a balustrade. Both stories contain triple square headed windows. Beneath the fourth floor windows are friezes with richly enframed cartouches. A tall limestone clad chimney continues a composition influenced by the châteaux of the Loire Valley. Although the Waldo Mansion is modeled on French 16th century châteaux, its reduced scale and urban setting result in a characteristically late 19th century American architectural creation. (Architectural description courtesy of Joseph Pell Lombardi)
Location:
28 East 72nd Street is located directly adjacent to the iconic Rhinelander Mansion (currently occupied by Ralph Lauren), which was also constructed by Kimball & Thompson architects, on one of the most recognizable landmarked street corners in all of the Upper East Side Historic District. Renowned for its beauty, architectural significance and cultural heritage, this neighborhood is defined by its sophistication, luxury boutiques, fine dining establishments, world-class cultural institutions and Central Park. The Frick Collection and Metropolitan Museum of Art are nearby, as well as prominent art galleries such as Skarstedt and the Anita Shapolsky Gallery, and renowned auction house Sotheby's, making it a destination for culture and the arts.
Property Details:
Year Built: 1897
Interior sqft: 5,358 square feet
Unused Air Rights: 9,242 square feet
Lot Dimensions: 18.25 ft x 80 ft
Building Dimensions: 18 ft x 67 ft
Frontage: 18' feet on East 72nd Streetbetween Madison Avenue and Park Avenue
Building Class: Single or Multiple Dwelling with Stores or Offices (S9)
The building currently comprises three residential units and two commercial units, all under free-market leases.
Stories: 5Floor Area Ratio (FAR) information: Residential FAR: 10
Commercial FAR: 4
FAR as built: 3.67
Maximum allowable floor area: 14,600
As-built floor area: 5358
Remaining buildable floor area: 9242026
Constructed originally in 1897 for Gertrude R. Waldo by Kimball & Thompson architects as a single family mansion in the neo-French Renaissance (Châteauesque) Style, the property is currently configured as a fully occupied mixed-use asset with 5,358 interior sqft with 9,242 unused FAR. This presents the unique opportunity for a discerning purchaser to restore the home to it's former glory as a distinguished single-family residence on an exemplary block, or to hold as a long-term income producing asset in one of the most prestigious and valuable neighborhoods in the world.
Architectural description:
On the entrance level, there is a round-arched entrance with an adjacent round-arched window giving the impression of an arcade. The facade of the mansion is dominated by a projecting curved bay window at the second and third stories surmounted by a balustrade. Both stories contain triple square headed windows. Beneath the fourth floor windows are friezes with richly enframed cartouches. A tall limestone clad chimney continues a composition influenced by the châteaux of the Loire Valley. Although the Waldo Mansion is modeled on French 16th century châteaux, its reduced scale and urban setting result in a characteristically late 19th century American architectural creation. (Architectural description courtesy of Joseph Pell Lombardi)
Location:
28 East 72nd Street is located directly adjacent to the iconic Rhinelander Mansion (currently occupied by Ralph Lauren), which was also constructed by Kimball & Thompson architects, on one of the most recognizable landmarked street corners in all of the Upper East Side Historic District. Renowned for its beauty, architectural significance and cultural heritage, this neighborhood is defined by its sophistication, luxury boutiques, fine dining establishments, world-class cultural institutions and Central Park. The Frick Collection and Metropolitan Museum of Art are nearby, as well as prominent art galleries such as Skarstedt and the Anita Shapolsky Gallery, and renowned auction house Sotheby's, making it a destination for culture and the arts.
Property Details:
Year Built: 1897
Interior sqft: 5,358 square feet
Unused Air Rights: 9,242 square feet
Lot Dimensions: 18.25 ft x 80 ft
Building Dimensions: 18 ft x 67 ft
Frontage: 18' feet on East 72nd Streetbetween Madison Avenue and Park Avenue
Building Class: Single or Multiple Dwelling with Stores or Offices (S9)
The building currently comprises three residential units and two commercial units, all under free-market leases.
Stories: 5Floor Area Ratio (FAR) information: Residential FAR: 10
Commercial FAR: 4
FAR as built: 3.67
Maximum allowable floor area: 14,600
As-built floor area: 5358
Remaining buildable floor area: 9242026
Listing History for 28 East 72nd Street
Now
08/06/2026
$15,000,000
Initial Price by Lucia Smeke
Brown Harris Stevens
02/05/2026
POM by Lucia Smeke
Brown Harris Stevens
Building Details for 28 East 72nd Street
OwnershipMixed Use
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessElevator
Year Built1897
Floors/Apts5/5
Transit and Citi Bike
Subway
68 St-Hunter College
0.25 miles
77 St
0.32 miles
72 St
0.41 miles
Lexington Av/63 St
0.48 miles
Citi Bike
E 72 St & Park Ave
0.07 miles
E 70 St & Madison Ave
0.09 miles
Contact Agent
Contact Agent
Upper East Side | Manhattan
Quick Profile
Exuding a cosmopolitan, refined air that is reminiscent of Paris or other European cities, the Upper East Side (the UES, to local cognoscenti) has a reputation as being a bastion of wealth and privilege. Even though it was built by American “royalty” families like the Vanderbilts, Roosevelts, Kennedys, Carnegies and Rockefellers, whose elaborate mansions once anchored Fifth Avenue, there are affordable housing options throughout the neighborhood. The further east you move, away from Central Park and the more commercial avenues, the more likely you are to find quiet, tree-lined streets with historic townhouses and brownstones. Keep your eye out for reasonably priced apartments in pre-war low-rise and even a few high-rise buildings.
With abundant, beautifully landscaped green spaces, including the oasis of Central Park acting like a backyard, the area is quiet and lushly green. You can relax and unwind in John Jay Park, Carl Schurz Park or take a stroll along the East River Promenade. The whole neighborhood seems isolated from the workaday chaos of the city at large. Add to that the history of the neighborhood and the abundance of cultural institutions, and you have a uniquely welcoming neighborhood.
Known for its abundance of high-end retail shopping, especially on Madison Avenue, the Upper East Side is host to the Barneys New York flagship department store. Here you can find upscale goods, fashion and home decor items. You will also find the edgy runway-inspired Alexander McQueen collections. If you are dying to treat your feet to red-soled opulence, be sure to visit the Christian Louboutin boutique. These are only a small sampling of this high-end shopper’s paradise that features everything from designer boutiques that offer the ultimate in haute couture to resale shops where you can find last season’s best on sale at hefty discounts .
There are many unique dining experiences, from fine dining to the casual bite-on-the-go, awaiting you in the UES. Sushi is going through a renaissance in the city, and the best omakase-style sushi can be found at Sasabune on E 73rd Street. Omakase sushi means that you leave the choice of ingredients, preparation method and presentation to the chef. Elegant French cuisine can be experienced at JoJo, E 64th Street, housed in gorgeous townhouse. Just for fun, visit the Lexington Candy Shop on Lexington Avenue, to get a taste of an old-fashioned soda fountain.
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: 71562TH
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