Prewar Residential Income
320 E 72ND Street 6A, Manhattan, NY 10021
For Sale
$2,650,000
Three-bedroom residence with original architectural details, entertaining rooms, private bedroom wing, and extensive storage.
Property Size2,500 SF
Days on Market63
Property Features for 320 E 72ND Street 6A
General Information
Standard status
Size
Elevators
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Public Transit
Amenities
wood-burning fireplace
full-time doorman
porters
resident superintendent
mail delivered directly to each residence
Building Details
Building Size
Year Built
Listing Agency:
Serhant
Listed By:
Rhiannon Lazzerin
(929) 326-4212
Source:
Serhant
Added: Sep 8
Changed: Nov 8
Last Checked: Nov 8 at 1:35PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Serhant
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Investment Insights
Based on property information with market context.
Residence 6A is a 2,500-square-foot prewar home arranged with three bedrooms and three-and-a-half baths. An oversized foyer opens to a 26-foot living room with a wood-burning fireplace, while the formal dining room connects to a butler’s pantry, windowed kitchen, and breakfast room. Decorative moldings, beamed ceilings, and hardwood floors preserve the apartment’s period character. A powder room, laundry room, service entrance, and separate elevator access add functional support. Each bedroom has an en-suite bath, and deep closets provide substantial storage. A dedicated storage unit transfers with the residence.
The 1930 building is a white-glove, full-service cooperative with a full-time doorman, porters, resident superintendent, and direct mail delivery. The property is just off Second Avenue, near the Q train, restaurants, markets, shops, and neighborhood institutions. Pied-à-terre ownership and pets are permitted, along with gifting and parents purchasing for children. Approximately 52.7% of maintenance is tax deductible.
The 1930 building is a white-glove, full-service cooperative with a full-time doorman, porters, resident superintendent, and direct mail delivery. The property is just off Second Avenue, near the Q train, restaurants, markets, shops, and neighborhood institutions. Pied-à-terre ownership and pets are permitted, along with gifting and parents purchasing for children. Approximately 52.7% of maintenance is tax deductible.
Key Highlights
- 2,500‑square‑foot residence with three bedrooms and three‑and‑a‑half baths
- 26‑foot living room with a wood‑burning fireplace
- Formal dining room, butler’s pantry, windowed kitchen, and breakfast room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$78,218
Cap Rate
2.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,564,360
$1.6M
Cap Rate 7%
$1,117,400
$1.1M
Cap Rate 9%
$869,089
$869.1K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$149.7K $59.88/SF
− Vacancy
−$7.5K −$2.99/SF
EGI
$142.2K $56.89/SF
− OpEx
−$64.0K −$25.60/SF
NOI
$78.2K $31.29/SF
Area
New York, NY
Vacancy
5.00%
Lease Rate
$59.88 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,564,360
Cap Rate 7%
$1,117,400
Cap Rate 9%
$869,089
Alternative Uses
Best Use
Apartment 5plus
$1.12M
$977.7K – $1.30M
NOI $78,218 @ 7.0% cap · market cap 2.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.75M
$1.53M – $2.04M
NOI $122,346 @ 7.0% cap · market cap 4.62%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
25,716
Businesses Nearby
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Business Placement
Demographics for 10021, NY
45,691
Population
29,248
Households
1.6
Avg Household Size
41
Median Age
81%
College-Educated
98%
High-School Grad
0.4 sq mi
ZIP Area
114,228
Density / Sq Mi
$156,712
Median Household Income
$99,886
Median Earnings
$3,002
Median Rent
$1,529,600
Median Home Value
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Market
Average Price Trend$/SF for Residential income properties in Manhattan, NY
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Frequently Asked Questions
What type of property is this?
Residential income property - Three-bedroom residence with original architectural details, entertaining rooms, private bedroom wing, and extensive storage.
Where is this residential income property located?
The property is located at 320 E 72ND Street 6A Manhattan, NY.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: 2,500‑square‑foot residence with three bedrooms and three‑and‑a‑half baths; 26‑foot living room with a wood‑burning fireplace; Formal dining room, butler’s pantry, windowed kitchen, and breakfast room
