Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $4,500,000

· Closed May 30, 2017

27 W 72nd Street #502
Closed For Sale Condo

$4,500,000

$2,235 per sq ft

27 W 72nd Street #502

Upper West Side, Manhattan

MLS® #RLS10075249

RLS at REBNY

Listing by Warburg Realty Partnership Ltd.

3

Bedrooms

3.5

Baths

2,013

Sq. Ft.

1925

Year Built

Quick Summary

Bedrooms 3
Bathrooms 4 full, 1 half
Living Area 2,013 sq ft
Year Built 1925
Ownership Condo
HOA/Common Charges $2,241/mo
Property Taxes $27,456/yr
Neighborhood Upper West Side
Floor 5 of 15

Property Highlights

  • Exposure: East,North,South facing
  • Style: Prewar architecture
  • Climate Control: Central Air

Property Details

Type Condo
Ownership Condominium
Total Rooms 5
Baths 3 Full, 1 Half
Floor 5 of 15
Exposure East,North,South
Cooling Central Air
Pets Yes
Cross Street Central Park West/Columbus Avenue
Year Built 1925
Living Area 2,013 sq ft
Architectural Style Prewar
Parcel # 1125-1249
Block/Lot 1125/12

Listing History

Event Date Price Change
Listed Jan 19, 2017 $4,500,000 -
Price Reduced Feb 21, 2017 $4,750,000 +5.6%

Description

New reduced price of $4,500,000 !!! Sophisticated and elegant pre-war, 3-bedroom condo! Fantastic location, on prime Central Park West/72nd Street block. The Olcott is a full-service condominium that sets the standard in splendor and magnificence of yesteryear within today?s context of the 21st-century lifestyle. This landmark building was restored by Andres Escobar. The grand lobby has a full-time doorman and concierge with an ?on-site? building manager. The amenities include playroom, private dining facilities for residents, cold storage, bicycle room, complete fitness room, and private storage. The Olcott is perfectly located between all major west side subways, the 1,2, 3 lines as well as the B and C lines. Pets are welcome! The apartment is in move-in condition.

Unit #502 is the coveted ?02? apartment line located in the southeast corner of the building with three exposures, most notably South over 72nd Street and East with some partial view of Central Park. There are three bedrooms with en-suite bathrooms (or 2 bedrooms and a library/office). The powder room and all three bathrooms have radiant floor heating and are all exquisitely renovated to a high standard of Waterworks materials, design, and function. The cook?s kitchen has polished Caesar stone quartz counter tops, custom white Italian cabinets, tile back splash, Sub Zero fridge and double freezer drawers, Miele dishwasher, wine cooler, and Dacor cook top and range oven. Other apartment features are hardwood floors, beamed ceilings, floor moldings, central air and heating, and a Bosch washer/dryer. Needless to say, the location is very near to Central Park and a short distance to major cultural institutions, such as Lincoln Center, major museums, movie theaters, restaurants, sports clubs, etc.

Features & Amenities

Interior Features

Entrance Foyer Pantry Building Washer Dryer Install Allowed Common On Floor Common Area New Windows

Appliances

Dryer Washer

Building Information

Financial Details

Common Charges $2,241/mo
RE Taxes $27,456/yr ($2,288/mo)
Sale Price $4,500,000
Previous Price $4,750,000

The Upper West Side (UWS) is celebrated for its cultural richness and architectural grandeur. Set between Central Park and Riverside Park, the neighborhood provides direct access to green space within the urban grid. Residents enjoy easy access to Lincoln Center, the American Museum of Natural History, and a popular culinary scene. The real estate landscape is famous for its historic brownstones and iconic 'white-glove' apartment buildings along Central Park West and Riverside Drive.

Upper West Side Live Market Data

View Neighborhood

Active Listings

581

Median Asking Price

$1.50M

Median $/Sqft

$1,492

Avg Days on Market

N/A

New This Week

27

Price Reduced

27%

Sold (30 Days)

79

Median Sale Price

$1.81M

Live data from RLS at REBNY • Updated 5/4/26, 6:58 AM EST

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Location

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27 W 72nd Street #502, Upper West Side, New York County • Near Central Park West/Columbus Avenue

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1925
Year Built
101 years old
2
Floors
2
Residential Units
R5B
Zoning District
Two Family Dwellings

Tax & Assessment

Assessed Value: $90,180
Land Value: $16,620
Exemptions: $1,420

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 2,000 SF
Building Area: 3,420 SF
Built FAR: 1.71
Allowed FAR: 1.5

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $2,241 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $27,456, or roughly $2,288 per month. Verify the current assessment with your attorney before closing.

This property has 3 bedrooms and 3 full bathrooms and 1 half bathroom.

The listed interior living area is 2,013 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1925, making it approximately 101 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $4,500,000 for 2,013 sq ft, the asking price per square foot is approximately $2,235. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10075249
First Listed: 1/19/2017
Price Changed: 2/21/2017
Closed: 5/30/2017
Contract Date: 2/19/2016

Listing Courtesy of Warburg Realty Partnership Ltd. - Robert A. Schulman

Listing Contact: (917) 846-7667

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/4/2026 at 10:58 AM UTC

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