236 W 72nd St

15,771 SF Vacant Office Building New York, NY 10023 £8,550,748 (£542/SF)

Investment Highlights

  • Full building available, perfect for owner-users
  • Package deal available
  • High traffic block on Upper West Side
  • High ceilings, large windows, and an elevator that goes to all floors

Executive Summary

Prime Mixed-Use Opportunity at 236 West 72nd Street – Upper West Side, NYC
Welcome to 236 West 72nd Street, a versatile six-story property situated in the heart of the Upper West Side, offering unmatched potential for investors or owner-users. Delivered vacant, this 14,076-square-foot building is a blank canvas primed for your vision.
Property Highlights:
Zoning Flexibility: C4-6A zoning allows for diverse uses, including office space, residential conversion, or community facility operations.
Air Rights: Approximately 11,467-16,575 square feet of available air rights for future expansion or creative redevelopment.
Prime Location: Nestled between Broadway and West End Avenue, this property enjoys unparalleled proximity to iconic Upper West Side landmarks, cultural institutions, and vibrant commercial corridors.
Architectural Features: Large windows, high ceilings, and historic charm, offering natural light and a distinguished aesthetic.
Investment Appeal:
Strategic Potential: Ideal for developers, boutique office users, or conversion to high-end residential units to cater to the thriving Upper West Side market.
Historic District: Located in the West End-Collegiate Historic District, blending old-world charm with modern possibilities.
Transportation Access: Conveniently accessible via nearby subway lines and major thoroughfares.
Neighborhood Benefits:
Located in one of New York City's most desirable neighborhoods, the property is surrounded by a vibrant mix of dining, retail, and cultural landmarks such as Lincoln Center, Riverside Park, and Central Park. Its tree-lined streets, historic architecture, and modern amenities make the Upper West Side a destination for residents and visitors alike.
Asking Price: $10,750,000
This is a rare opportunity to own and transform a premier property in one of Manhattan’s most sought-after locations. Whether you're envisioning an upscale office space, a luxury residential development, or a community-centered project, 236 West 72nd Street is the perfect foundation for success.
For further details or to schedule a viewing, contact the exclusive brokers at Serhant & Lee & Associates NYC.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
15,771 SF
Building Class
B
Year Built/Renovated
1928/1984
Price
£8,550,748
Price Per SF
£542
Percent Leased
Vacant
Tenancy
Multiple
Number of Floors
6
Typical Floor Size
2,629 SF
Slab to Slab
12 ft
Building FAR
6.18
Lot Size
0.06 AC
Zoning
C4-6A - Public Facilities & Institutions: churches, synagogues, etc. mission house (non-residential)

Amenities

  • Bus Route
  • Public Transport
  • Security System
  • Signage
  • Kitchen
  • Accent Lighting
  • Basement
  • Natural Light
  • Suspended Ceilings
  • Wi-Fi
  • Air Conditioning
Walk Score ®
Walker's Paradise (100)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Biker's Paradise (91)

PROPERTY TAXES

  • Listing ID: 34221500

  • Date on Market: 17/12/2024

  • Last Updated:

  • Address: 236 W 72nd St, New York, NY 10023