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27 W 72nd St
New York, NY 10023
27 West 72nd Street - Retail · Hospitality Property For Sale · 255,000 SF

Executive Summary

A retail condo at the base of The Olcott, a luxury pre-war 162 unit condo building located on the north side of West 72nd Street between Columbus Avenue and Central Park West. The retail unit consists of 7,200 SF of ground floor space with 12'-16' ceilings and a 2,400 SF saleable lower level with 10' ceiling heights, for a total of 9,600 SF. The current owner bought out the previous tenant and now the former restaurant space that is vented is positioned to be leased immediately. Additionally, the space features over 60' of frontage on West 72nd Street, vaulted ceilings, egress onto West 73rd Street, and an expansive kitchen with a walk-in freezer. The property is located between the active Columbus Avenue retail corridor and Central Park. It is also less than one block from the B and C train and less than two blocks from the 1, 2, and 3 train stop at 72nd Street which sees annual ridership of over 13 million people, making it one of the busiest subway stations in all of Manhattan. Neighboring retailers include The Ribbon Resaurant, Le Pain Quotidien, Chase Bank, and Swatch. Upper West Side

Property Facts

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 0.41 AC
Construction Status Converted
Building Size 255,000 SF
No. Stories 15
Year Built 1925
Corridor Interior
APN / Parcel ID 1125-1249
Zoning R10A,New York(H6)
  • Listing ID: 8494668

  • Date on Market: 8/5/2017

  • Last Updated:

  • Address: 27 W 72nd St, New York, NY 10023

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