121 West 72nd Street
119–123 West 72nd Street, New York, NY 10023
BBL 1011440024 · BIN 1029933
- Year built
- 1926
- Type
- Cooperative
- Units
- 90
- Floors
- 15
- Landmark
- No
- Amenities
- Elevators; a cellar laundry room was permitted in 2019, with plumbing filed in 2021. Staffing and door coverage are not documented in the public record
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at The Raleigh, per LPC's building database. A prior owner of the building, from 1974 to 1981, was named Raleigh Company, per ACRIS would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.
121 West 72nd Street is a 1926 H.I. Feldman apartment house on one of the Upper West Side's main crosstown commercial streets. Feldman ran one of the city's most prolific apartment practices from 1921 to 1978, and this is an early building from its first decade — fifteen stories on a 60-foot lot, brick with stone, with the neo-Renaissance detail typical of Upper West Side side streets in the 1920s. The building is within the Upper West Side/Central Park West Historic District, which the Landmarks Preservation Commission designated in 1990.
The main structural fact is the sponsor. The building was converted in October 1984, when Walber 72nd Street Associates, which had owned it since 1981, conveyed it to the apartment corporation. Forty-two years later, the same entity is still selling apartments: ACRIS shows it as seller on ten transfers since 2007, including three since 2023, the most recent in August 2025. That pattern is typical of 1980s conversions in which non-purchasing tenants kept their rent-regulated leases: those apartments stay with the holder of unsold shares until the tenant leaves, and are then sold on the open market. Whether this plan was an eviction or non-eviction plan is not documented in anything on file.
It does not mean the building is sponsor-controlled. More than eighty share transfers have been recorded since 2005, covering about fifty different apartments, and the great majority are sales between individual owners. But how many apartments the sponsor still holds, how many are occupied by regulated tenants, and whether the sponsor is current on its maintenance are all things a buyer needs to know — and none of them is public.
Architecture and unit composition
The 72nd Street façade is brick above a commercial ground floor, with stone trim. The storefronts are a significant part of the building's exterior. Renovation of the storefronts was filed in 2018, and in 2019 a storefront transom was repaired and a retractable awning replaced to comply with an LPC notice. Any change to the storefronts or signage goes through the Commission.
Upstairs, apartments are arranged in seven lines, A through G, across fifteen floors. Transfer and DOB records show shareholders combining apartments repeatedly: 10A/B with 9B (2007) and then with 9C (2012), 15D/E with 16E (2008), a combination of 12C, 14C and 14E joined by an internal stair (2015), and 10D with 11D (2022–23). The transfer record also carries apartments designated 3F/G and 14E/G. The building now contains a small number of large combined apartments and duplexes alongside the original single apartments, and these explain most of the price spread within the building.
A 2014 filing replaced railing at a 14th-floor roof terrace or balcony, so at least one upper apartment has outdoor space.
Building operations
Underlying mortgage. ACRIS shows the corporation refinancing several times: a $4.25 million mortgage and a separate $500,000 instrument in August 2012, a further $750,000 in 2015, and in February 2020 a $4.8 million mortgage with another $500,000 instrument, followed by one more $500,000 instrument in February 2023. The rate, maturity, amortization, and whether the $500,000 instruments are credit lines are not in the public record. For a building this size, that level of debt is moderate. The maturity date is what to find out.
Capital work. DOB records show façade work at regular intervals — 2001–02, 2007, 2012, 2018 (mortar, brick, caulking and stone replacement) and 2021 — with sidewalk sheds filed for each cycle. In 2014 the burner was replaced and a new gas service and gas meter room were installed. Sprinkler heads were relocated in 2020–22, and the cellar laundry was built out from 2019 to 2021. Ask the managing agent for the current Local Law 11 cycle status and whether the 2021 façade work has been signed off.
Commercial space. City records carry two non-residential units, the ground-floor stores on 72nd Street. Ask the managing agent who holds the commercial leases, when they expire, and how much of the building's income they provide. Commercial rent on a busy crosstown street can meaningfully offset maintenance, and a vacancy can have the opposite effect.
Taxes. The Department of Finance's historical J-51 file has no record for this lot, and the current roll shows only shareholders' personal exemptions. There is no building-level abatement to phase out.
Recent sales
Three to four recorded sales in the most recent 24 months is a slow pace for roughly ninety apartments. Long ownership and sponsor apartments that come to market only when they are vacated both keep supply low. Recorded prices cover a wide range. Single apartments on the lower floors sell at the entry level for prewar Upper West Side co-ops, while combined apartments on the upper floors sell for a multiple of that. Price per room is the right comparison, adjusted for floor, whether the apartment faces the street or the rear, and renovation. Sponsor sales of vacated apartments often need renovation and are priced accordingly, so treat them separately from resales between owners. Market statements here are indexed to 2025, the last complete year.
Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Recent transfers at this building, sourced from NYC Department of Finance records. Apartment-level detail (line, condition, asking-price context) verified upon consultation request.
| Date | Unit | Price |
|---|---|---|
| Aug 21, 2026 | 5C | $1,120,000 |
| Sep 15, 2025 | 8C | $1,547,740 |
| Oct 9, 2024 | 3FG | $1,275,000 |
| Jun 3, 2024 | 11B | $752,486.75 |
| Jan 25, 2024 | 12F | $750,000 |
| Jan 31, 2023 | 11F | $797,208.75 |
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-01144-0024) 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.
At the recent median sale of $1.27M (3 transfers since 2024), a buyer putting 25% down would pay about $26,081 to close, or 2.0% of the price.
- Mansion tax: $12,750
- No mortgage recording tax or title insurance on a co-op purchase
- Attorneys, lender, building fees and filings: $13,331
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.
Keep up with The Raleigh, per LPC's building database. A prior owner of the building, from 1974 to 1981, was named Raleigh Company, per ACRIS and its market
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What to know if you’re buying
Ask for the sponsor's position in writing. Number of apartments and shares still held, how many are occupied by regulated tenants, whether maintenance on them is current, and whether any are pledged as loan collateral. The managing agent and the most recent audited financial statements are the source.
Get the entire policy stack. Financing ceiling, flip tax, sublet rules, pied-à-terre and trust or LLC purchases, and pets are not documented in any public source or document on file. Don't make an offer based on assumptions.
Read the mortgage note. Several refinancings and second instruments since 2012 mean the debt structure needs checking. Get the rate, maturity date and any balloon payment.
What to know if you’re selling
Separate your apartment from the sponsor's. A renovated resale should not be priced against a sponsor sale of a vacated apartment in original condition. Show buyers the difference.
Lead with the landmark block and the location. A block and a half from Central Park, in the historic district, between the B and C trains at Central Park West and the 1, 2 and 3 at Broadway — say that first, then the floor and exposure.
Comparable buildings
If you're considering 121 West 72nd Street, also evaluate:
- 105 West 73rd Street — a nine-story prewar cooperative on the next block north
- 123 West 74th Street — George A. Bagge & Sons' 1925 cooperative, two blocks north
- 151 West 74th Street — F. P. Platt & Brother's 1923 cooperative in the same historic district
- 136 West 75th Street — The Brick House, a 30-apartment neo-Georgian cooperative in the same district
- 135 West 70th Street — The Pythian, Thomas Lamb's 1927 cooperative two blocks south
- 119 West 71st Street — a 1916 prewar cooperative one block south
- 160 West 77th Street — George F. Pelham's 1926 cooperative between Columbus and Amsterdam
- 112 West 79th Street — a 1925 prewar cooperative off Columbus Avenue
More Upper West Side buildings
- 112 West 79th Street — 1925 co-op
- 114 Morningside Drive — 1910 co-op
- 119 West 71st Street — 1916 co-op
- 120 Riverside Boulevard — 2004 condominium by Costas Kondylis & Partners
- 120 West 70th Street — 1917 co-op
- 120 West 72nd Street (Harsen House) — 2007 condominium by BKSK Architects
The neighborhood
For the full corridor — architecture, transit, and pricing across Upper West Side — read The Roebling Team Guide to Upper West Side.
The full playbook — what goes in the package, how boards read your financials, the interview, and the timeline — plus sample cover, reference, and personal letters you can adapt.
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
Considering a move at The Raleigh, per LPC's building database. A prior owner of the building, from 1974 to 1981, was named Raleigh Company, per ACRIS?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.