Prewar Residential Income
For Sale
$2,750,000
320 E 72ND Street 6A, New York City, NY 10021
Three-bedroom residence with original architectural details, entertaining rooms, private bedroom wing, and extensive storage.
Property Size2,500 SF
Days on Market32
Property Features for 320 E 72ND Street 6A
General Information
Standard status
Active
Size
2,500 SF
Elevators
Yes
Property subtype
Apartment
Units
Unit Mix
1 x 3BR/3.5BA
Multifamily Units
1
Additional Details
Public Transit
Yes
Amenities
wood-burning fireplace
full-time doorman
porters
resident superintendent
mail delivered directly to each residence
Building Details
Building Size
2,500 SF
Year Built
1930
Listing Agency:
Serhant
Listed By:
Rhiannon Lazzerin
(929) 326-4212
Source:
Serhant
Added: Sep 8
Changed: Oct 8
Last Checked: Oct 7 at 3:36PM
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
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
2.84%
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 2.84%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$6.22M
$5.45M – $7.26M
NOI $435,600 @ 7.0% cap · market cap 15.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
25,716
Businesses Nearby
Explore this area
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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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 New York City, NY.
What is the asking price?
The asking price for this property is $2,750,000.
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
