Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $450,000

· Sold at asking price · Closed May 8, 2024

SOLD: 531 E 72nd Street #3B
SOLD $450,000
Sold Co-op

$450,000

531 E 72nd Street #3B

Upper East Side, Manhattan

MLS® #RLS10956505

RLS at REBNY

Listing by Sothebys International Realty

Studio

1

Bath

N/A

Sq. Ft.

1894

Year Built

Sale Details

Sale Price $450,000
Original List Price $450,000
Close Date May 8, 2024
vs. Asking Sold at asking price

Property Summary

Bedrooms Studio
Bathrooms 1
Year Built 1894
Ownership Co-op
Maintenance $1,324/mo
Neighborhood Upper East Side

Description

The tree-lined cul-de-sac of East 72nd Street – between Sotheby's headquarters on York Ave and the cobbled East River overlook – is one of those special enclaves in Manhattan that seems a world away, yet only a stone's throw away from the action. On the north side of the very end, you'll find four connected antique brick townhouses – 527-541 East 72nd Street, which were gutted, redesigned, and the bricks painted flat black in late 1930's. Stylish then, and now a well-established residential co-op, often referred to as "The Black and Whites” due to now-iconic black brick, white trim, and red door facades. Over the years, apartments have been combined and modified, and the co-op has housed many distinguished residents. Notably, soon after The Paris Review moved its operations there in 1973, it became a hub for many of New York’s illustrious literati. Apartment 3B has been primarily used as a writer's cottage by a Pulitzer Prize-winning author. Offered for the first time in decades, it offers an imposing 24-foot studio space with four gloriously large south-facing windows. It is warm, atmospheric, and brimming with intellectual history. There coveted details such as high 9-foot ceilings, a classical wood-burning fireplace, hardwood floors, and an oblique view of the East River. Configured as a private work environment, there are two walls of built-in bookcases, an alcove for files, and multiple closets. The galley kitchen features a Gaggenau oven, gas cooktop, GE dishwasher, a brand-new fridge, and a lovely terracotta-tiled floor. The adjacent dining area has an interior-facing window, and there is a windowed, marble-tiled full bath with tub/shower. The four large windows in the Great Room are retro-fitted with interior city-windows for extra sound-proofing and increased concentration. There is a discreet window a/c. If desired, the apartment could easily reconfigure to a one-bedroom layout. The 72 River Tenant’s Corporation, incorporated in 1972, is a non-doorman, non-elevator building with convenient key fob entry. Apartment 3B is only two short flights up. Overall, in the four buildings, there are 43 residential apartments, serviced by a skilled live-in building manager who will accept resident’s packages. There’s also a bike room and central laundry room. Pied a terres, washer/dryers, and pets are allowed. Generous 75% financing is permitted, and there is a 3% flip tax. Basement storage bins, when available, can be rented.​​‌​​​​‌​​‌‌​​‌​​‌​​​​‌‌​​‌‌​​​‌​​‌‌​‌​​

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
View City, Water
Year Built 1894

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RLS at REBNY

Listing courtesy of Gordon Roberts at Sothebys International Realty. 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. This 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.

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