Cooperative · 1928
117 East 72nd Street
117 East 72nd Street, New York, NY 10021
Buildings·Cooperative

117 East 72nd Street

117 East 72nd Street, New York, NY 10021

At a glance
Year built
1928
Type
Cooperative
Landmark
Designated

117 East 72nd Street is the kind of building that defines old-guard Lenox Hill — a quiet, white-glove pre-war cooperative built in 1928 on the prime block between Park and Lexington, with just twenty apartments across fifteen stories. That ratio is the whole story: floor-through and near-full-floor homes, an intimate shareholder body, and a service level scaled to a far larger building but reserved for a few dozen households.

It is a serious co-op, run conservatively in the manner of the East Side's most established addresses. The building does not permit financing — purchases are all-cash — and subletting is not allowed, both signals of a stable, owner-occupied house oriented to long-term residents. For buyers who want grand pre-war proportions, full-floor privacy, and a discreet, professionally staffed building a block from Park Avenue, this is exactly the profile.

Architecture and unit composition

The building is a restrained pre-war masonry house, designed to sit comfortably within the protected, low-rise streetscape of the Upper East Side Historic District. Its understatement is deliberate — this is a building that announces itself through service and proportion rather than ornament.

Inside, the appeal is space. With only twenty apartments over fifteen floors, the homes run large: full-floor and half-floor layouts with the entry galleries, separated entertaining and bedroom wings, high ceilings, and hardwood floors that define the era at its best. Light improves with height, and the full-floor lines enjoy multiple exposures and the privacy of a private landing. The result is a building of genuinely grand apartments at a deliberately small scale.

Building operations

117 East 72nd Street is a full-service, white-glove cooperative. A 24-hour doorman, a live-in resident manager, and a full professional staff run the building, with dedicated security coverage and private storage among the practical amenities. The cooperative is pet-friendly. Its financial posture is conservative and traditional: the building does not permit financing — purchases close all-cash — and subletting is not allowed. A 2% flip tax is paid by the purchaser at closing. Purchases are reviewed by a board, and the building is run firmly for owner-occupancy.

Local Law 97

Carbon-penalty exposure
🟡
Moderate — manageable today, 2030 cliff likely
2024–2029 annual penalty
$0 (under cap)
2030–2034 annual penalty
$38,388/yr
Per unit / month range
$0 – $160
See full Local Law 97 analysis — emissions history, scenarios, methodology →

Facade safety — Local Law 11

Local Law 11 / FISP · last inspection 2020–25
SWARMP
What this means for you

Safe to live in today — but the last inspection flagged repairs that are due on a deadline, so facade work and its cost are coming. Whether that’s a real concern depends on the scope, the timing, and how the building plans to pay for it — reserves or an assessment — which is exactly what we’d dig into for you.

Inspection history
2005–10
Safe
2010–15
SWARMP
2015–20
Safe
2020–25
SWARMP
2025–30
Due
Next report due
by Feb 2028
On record
$250 in filing penalties
The three grades, in buyer terms
SafeGood for ~5 years — no facade assessment on the horizon.
SWARMPSafe now, repairs due on a deadline — budget for the work or a possible assessment.
UnsafeActive hazard: sidewalk shed and repairs now. Expect disruption and an assessment.

QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent). Source: NYC DOB facade filings (FISP) · The Roebling Research Library.

See the full facade history →

Recent sales

Recent transfers at this building, curated by The Roebling Team research desk. Apartment-level facts are independently verified before publishing; sale prices reflect the recorded transfer amount at the NYC Department of Finance.

DateUnitApartmentPricevs. Ask
Jan 8, 20262W
4 BR · 3 BA
$3,350,000-16.1%
Jul 22, 20246
6 BR · 4.5 BA
$13,276,750-5.2%
Jun 1, 20233E
3 BR · 3 BA
$4,000,000-5.9%
Dec 19, 20222W
4 BR · 3 BA
$3,100,000-11.3%
Oct 20, 20223W
4 BR · 3 BA
$3,950,000-9.2%
Apr 3, 20199
6 BR · 6 BA
$10,000,000-20.0%
May 10, 20185W
3 BR · 3 BA
$3,400,000-29.2%
Feb 7, 20183W
3 BR
$4,100,000-8.9%

Market read. Most recent trades (2015) cleared a median $714/sf across 1 sale. Median listing discount 10.1% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.

Other recent transfers

DateUnitPrice
Jan 5, 202315B$21,000,000
Jun 6, 20195E$5,200,000
Jun 14, 20134E$4,000,000
Feb 27, 20072W$3,525,000
Apr 13, 20065E$3,375,000
Apr 16, 20048$10,400,000
View all 17 recorded transfers, sortable

Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.

Sales sourced from NYC Department of Finance recorded transfers (BBL 1-01407-0008) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price.

What to know if you’re buying

Plan around two realities. First, this is an all-cash building — financing is not permitted — so buyers must be prepared to close without a mortgage and to demonstrate the liquidity and post-closing reserves a conservative board expects. Second, subletting is not allowed, so the apartment must serve as a residence, not an income property. A 2% flip tax is due from the buyer at closing.

What you get in return is scarcity and quality: a full-floor pre-war on a Park-block corner of Lenox Hill, in a discreet, deeply staffed building. Inventory is minimal, so when a home surfaces it warrants a prepared, well-documented offer. We help buyers assemble a board package that meets the building's exacting standard, evaluate the specific floor and exposure, and benchmark the ask against the limited comparable Lenox Hill set.

What to know if you’re selling

The marketing core is exclusivity: a twenty-unit white-glove co-op, full-floor living, all-cash, on one of the best blocks in Lenox Hill. That profile speaks directly to a specific, well-capitalized buyer who values privacy and proportion over amenity density, and it differentiates the apartment sharply from the larger, more transactional co-ops nearby.

The all-cash requirement narrows the buyer pool, which makes targeted positioning and patient pricing essential — the right buyer pays a premium for exactly this combination, but reaching them takes a focused effort rather than broad exposure. We market to that pool directly, present the board's standards and the all-cash, no-sublet posture up front to keep deals intact, and manage the cooperative's review toward a clean closing.

Comparable buildings

If you're considering 117 East 72nd Street, also evaluate nearby Lenox Hill and East 72nd Street pre-war cooperatives:

The Roebling Team at 117 East 72nd Street

The Roebling Team at Compass specializes in the Upper East Side, Lenox Hill, Park Avenue, and the white-glove pre-war co-op market — including the all-cash, full-floor buildings that anchor the East 70s. We publish this profile because buyers and sellers evaluating an intimate, conservatively run cooperative deserve building-specific intelligence: the architecture, the board's standards, the financing and sublet posture, and where pricing sits in a thin-turnover market.

If you're considering a purchase or sale at 117 East 72nd Street, a 30-minute consultation is the right starting point.

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Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com