The Edgewater (530 East 72nd Street)
530 East 72nd Street, New York, NY 10021
Lenox Hill, Upper East Side
BBL 1014830028 · BIN 1046259
- Year built
- 1962
- Type
- Cooperative
- Units
- 135
- Floors
- 20
- Landmark
- No
Every recorded sale at this building, 2003–2026
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 2BR median
- $1.2M
- Recent range
- $745K – $1.9M
- Listing discount
- 2.6%
- Recorded transfers
- 116
The Edgewater is the rare Manhattan apartment building that genuinely sits on the water. Completed in 1962 at the eastern terminus of 72nd Street — past York Avenue, on its own landscaped cul-de-sac — the 20-story cooperative looks directly over the East River to Roosevelt Island and the Queens skyline beyond. The canopied, planted entrance and the dead-end approach give the building a private, almost suburban arrival that nothing on the avenue grid can replicate, and it has long drawn residents who want river light and quiet without leaving the Upper East Side. The Real Deal and others have noted its run of notable residents over the decades, including Frank Sinatra, who kept an apartment here.
The building is a clean post-war white-brick high-rise — large operable windows, balconies on many lines, and a floor plan organized to push living rooms toward the water. For buyers, the appeal is concrete: full river views, a deep amenity and service package, and a position at the river's edge a short walk from the East River esplanade, Carl Schurz Park, John Jay Park, and Asphalt Green.
Architecture and unit composition
The Edgewater reads as quintessential early-1960s riverfront construction: a light masonry shaft rising 20 stories, with the regular fenestration and large windows of the period and projecting balconies on many lines. The orientation is the point — the building is sited and planned to capture the open eastern exposure over the river, so the best apartments trade the avenue's street life for uninterrupted water light.
The roughly 135 residences span studios through three-bedrooms, with many lines carrying private balconies or, on select homes, terraces. Layouts are efficient in the post-war manner — generous picture windows over period ornament — and condition varies line to line, with renovated, combined, and original apartments all trading in the building. Central air conditioning and heat serve the building, an unusual convenience for a co-op of its era.
Building operations
The Edgewater runs as a full-service cooperative with a 24-hour doorman and concierge, a live-in superintendent, 24-hour security, central laundry, and private storage. An on-site valet-serviced garage is available to residents for rent — a meaningful amenity at the river's edge, where street parking is scarce and the location is car-dependent for some trips.
The building's governance is well documented. The cooperative permits dogs under 35 pounds. A flip tax of 2% of the purchase price is paid by the seller at closing, along with an $850 seller transfer fee. Financing is capped at 65% of the purchase price. Subletting is not permitted, which keeps the building owner-occupied and stable. The co-op allows parents to purchase for employed or student children and permits gifting of funds, broadening the qualified buyer pool. The building is professionally managed, and board packages are submitted through the managing agent.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $31,014/yr
- Per unit / month range
- $0 – $19
Facade safety — Local Law 11
The latest available filing classified the facade as Unsafe — conditions requiring corrective action, which under FISP means a protective sidewalk shed and repairs. Review the subsequent filings, the repair status, and the building’s board and financial materials — we pull the repair scope and funding picture for you.
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 →Management & transfer contacts
- Flip tax
- 2% of purchase price (Seller)
- Sublet policy
- Not Allowed
- Notable fees
- Application Fee $450 (broker) / $800 (non-broker); Transfer Fee $850; max financing 65%
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.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| May 18, 2026 | 19E | 2 BR · 2 BA · 1,650 sf | $1,300,000 | $788/sf | +18.2% |
| Apr 30, 2026 | 7C | 2 BR · 1.5 BA · 1,000 sf | $1,075,000 | $1,075/sf | -1.8% |
| Dec 11, 2025 | 9B | 1 BR · 1.5 BA · 1,000 sf | $835,000 | $835/sf | -1.8% |
| Dec 5, 2025 | 2C | 1 BR · 1.5 BA · 1,000 sf | $745,000 | $745/sf | -12.4% |
| Sep 17, 2025 | 8F | 3 BR · 1,650 sf | $1,320,000 | $800/sf | -12.0% |
| Apr 4, 2025 | 14E | 2 BR · 2 BA | $1,175,000 | +0.0% | |
| Mar 14, 2025 | 12C | 3 BR · 3 BA · 1,950 sf | $1,750,000 | $897/sf | +0.0% |
| Dec 17, 2024 | 6C | 1 BR · 1.5 BA | $1,205,000 | -3.6% |
Market read. Most recent trades (2026) cleared a median $924/sf across 2 sales. Median listing discount 3.9% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
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 1-01483-0028) 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; square footage on co-ops is not officially recorded, figures shown are approximate.
What to know if you’re buying
You are buying the river. The view tier is the single largest value driver — confirm the exact exposure and any future obstruction before you fall for a line.
Budget to the financing cap. With financing limited to 65% of price, plan a minimum 35% down; the board underwrites to comfortable post-closing liquidity.
It is an owner-occupier building. Subletting is not allowed, so this is a home, not an income play — a plus for stability and a constraint to factor if your plans might change.
The amenity and service package is deep for the era. A 24-hour doorman and concierge, live-in super, 24-hour security, a valet garage, central HVAC, laundry, and storage make daily life easy at the river's edge.
Pets are welcome within limits. Dogs under 35 pounds are permitted.
What to know if you’re selling
Lead with the water and the cul-de-sac. Full river views and the private, planted dead-end entrance are the building's irreplaceable assets — market the exposure first.
Set buyer expectations on the rules early. The 2% seller-paid flip tax, the 65% financing cap, and the no-sublet policy all shape who can bid; pricing and positioning should account for them from the start.
Price by exposure and condition. River-facing, balconied, and renovated homes carry clear premiums; the building does not trade as a single number.
Closing timelines are co-op standard. Expect roughly 6–10 weeks from contract through board approval to closing, with the managing agent setting package and review timing.
Comparable buildings
If you're considering The Edgewater, also evaluate the East 70s and the river-adjacent Upper East Side:
- 200 East 74th Street — post-war full-service Upper East Side cooperative
- 220 East 73rd Street — full-service East 70s building
- 207 East 74th Street — Lenox Hill cooperative peer
- 201 East 77th Street — Upper East Side post-war cooperative
- 255 East 77th Street — full-service East 70s building nearby
The neighborhood
For the full corridor — architecture, schools, transit, and pricing across Upper East Side — read The Roebling Team Guide to Upper East 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.
Considering a move at The Edgewater?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at The Edgewater 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.