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228 W 72nd St
New York, NY 10023
Multifamily Property For Sale
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9 Units
Property Facts
| No. Units | 9 | Lot Size | 0.06 AC |
| Property Type | Multifamily | Building Size | 11,820 SF |
| Property Subtype | Apartment | No. Stories | 5 |
| Apartment Style | Mid-Rise | Year Built | 1900 |
| Building Class | C | ||
| Zoning | C4-6A - Commercial, residential multi-family | ||
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 11,820 SF |
| No. Stories | 5 |
| Year Built | 1900 |
| Zoning | C4-6A - Commercial, residential multi-family |
About 228 W 72ND ST , NEW YORK, NY 10023
JLL has been retained on an exclusive basis to arrange for the sale of 228 West 72nd Street, a 25’ wide, 6-story mixed-use property located on West 72nd Street between Broadway and West End Avenue with spectacular retail frontage. The property consists of 9 apartments and 1 street-level commercial unit featuring an enclosed sidewalk café and second floor dining area. The retail tenant is Gebhard’s Beer Culture, a popular craft beer pub and restaurant rapidly becoming an iconic Upper West Side destination. Of the residential units, five are free market and four are rent stabilized. The units consist of 4 one-bedrooms and 5 two-bedrooms. The Free Market Units are achieving an average rent of approx. $3,036 per month. The Rent Stabilized Units are renting for an average of approximately $1,042. The property has been immaculately maintained by current ownership and features high ceilings throughout and great interior bones suitable for a value-add, high-end renovation. Full marketing brochure available upon request.
Property Taxes
| Parcel Number | 1163-0048 | Improvements Assessment | $999,238 |
| Land Assessment | $334,286 | Total Assessment | $1,333,524 |
Property Taxes
