5 months on rocket

157 E 72nd St Unit 8I, New York City, NY, 10021

$385,000

Home List Price

$4,572*

Closing Credit

1 Bedroom
1 Full Bath
630 SqFt
$611/SqFt
Condo
Schools Nearby

Location

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157 E 72nd St Unit 8I, New York$385,000

Buyer Closing Credits

$4,572*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1924
MLS #COMP-1461800113323678153
StatusActive

About 157 E 72nd St Unit 8I

RENT STABILIZED TENANT IN PLACE. INVESTORS ONLY. PLEASE INQUIRE BY EMAIL. An amazing gem of an investment opportunity! Regulated tenant in place paying $1,117 per month. Total monthly carrying costs for the owner is $2,171, so there is a deficit of $1,054 per month. Please note that this is similar units in the building have recently sold for $900k+, making for an incredible upside when the apartment becomes vacant. PLEASE NOTE, the tenant can renew the lease for as long as they would like, but the lease cannot be passed down. This large South facing one bedroom is beautifully designed and cared for by this very stylish tenant. Enter the long entry hall with a sizable coat closet leading to the generously proportioned and sun flooded living room. There is a King sized bedroom with 2 large closets and an en suite bath, a charming efficiency kitchen, and lovely prewar details throughout. La Bourgogne, or 157 East 72nd Street is an attractive prewar condominium built in 1923, known for its stunning roof terrace with panoramic city views. It is perfectly located on one of the most desired block of the Upper East Side, between Lexington and 3rd Avenue, just a few blocks away from Central Park, Museum Mile and close from all major transportation.

Property Details

Property Features

Property Information:

  • Year Built: 1924
  • Living Area: 630 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (212) 913-9058
  • Listing Agent: Carlin Wright
  • Agent Phone: (917) 275-4714

Interior Features

Interior Information:

  • Flooring Type: Hardwood

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Attached Garage: No

Price Information

Listing Price Info

Price Summary:

  • List Price: $385,000
  • Price Per SqFt: $611/SqFt

HOA Fees:

  • Amount: $1163
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in New York, NY.

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New York, NY

City

Med. Sold Price

$849.1K

Med. Price/SqFt

$639

Avg. Days On Market

96

# of Sold Homes

1674

157 E 72nd St Unit 8I vs New York

152 DAYS ON ROCKET

+56 Days

$385,000

-$464.1K Less

$611/SqFt

-$29 Less

KEY TAKEAWAY

This property is $464.1K less than the Median Sold Price and $29/SqFt less than other homes in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #COMP-1461800113323678153

Listing Office:

  • Office Name: Compass
  • Office Phone: (212) 913-9058
  • Listing Agent: Carlin Wright
  • Agent Phone: (917) 275-4714

IDX ©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.

Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 5/10/2024, 1:20:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,152

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,221

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-9832017
10
/10

  • East Side Elementray School-PS 267

  • 213 E 63rd St

  • 0.46 miles

  • Public District Grades PK-3

school-card-donut-9832018
9
/10

  • PS 183 Robert L Stevenson

  • 419 E 66th St

  • 0.48 miles

  • Public District Grades KG-5

school-card-donut-9832019
10
/10

  • PS 6 Lillie D Blake

  • 45 E 81st St

  • 0.52 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $162,273. The most common annual income of people living in New York, NY is $200k+. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 157 E 72nd St Unit 8I

What is the listing price of this property?

The listing price of 157 E 72nd St Unit 8I property is $385,000.

What type of property is this?

The property 157 E 72nd St Unit 8I is a condo located in New York City, New York, 10021.

Is this property for sale now?

Active Listing: 157 E 72nd St Unit 8I is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 157 E 72nd St Unit 8I has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 157 E 72nd St Unit 8I is 630 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 157 E 72nd St Unit 8I is 1924.

Rocket Homes›New York›New York›10021›157 E 72nd St Unit 8I

This home is located at 157 E 72nd St Unit 8I in New York City, NY and zip code 10021 in the Upper East Side neighborhood. This 630 square foot home was built in 1924. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since December 09, 2023 and is currently priced at $385,000.

In April 2024, from all listings sold in New York, NY there were more than 168 sold above asking price, over 748 sold below and more than 758 were sold right at the asked price. In April 2024 in New York, NY there were 3.8% more homes for sale than in March 2024. While the average time on the market in April 2024 was 96 days, the median list price was $849,191.

From Rocket Homes Real Estate and based on county public records data.

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