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A blog from CityRealty (Links below will take you to the 6sqft site)

The Bancroft, 40 West 72nd Street

Between Columbus Avenue & Central Park West

Key Details

  • Year Built 1926
    Converted Year 1984
    Building Type Cooperative
    Neighborhood Central Park West
  • Total Apartments 140
    Total Floors 16
    Doorman FT Doorman
    Pets Allowed
Avg. Price / ft2
$94
Avg. Price / ft2
Avg. Price / ft2

Description

The Bancroft is an Italian Renaissance palazzo-style prewar building built in 1926 and converted to a full-service coop in 1984 with 15 floors and 142 apartments. The building features a full-time doorman and offers storage space ($300 annually), a bike room, and a laundry room. Pets, pieds-a-terre, guarantors, and co-purchasing are permitted.

The Bancroft is located at 40 West 72nd Street near Central Park, top-rated restaurants, cool coffee shops, chic shopping, and gourmet supermarkets like Trader Joe's, Citarella, and Fairway. Nearby public transportation includes the B/C and 1/2/3 trains and crosstown buses going in all directions.

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Building Amenities

  • FT Doorman
  • Pre War
  • Resident Storage
  • Rooftop Terrace
  • Washer/Dryer in building
  • Elevator
  • Bike Room
  • Live-In Superintendent

Apartments for Sale at 40 West 72nd Street (5)

5
Available Apts
$449K - $3.2M
Price Range
$1,465
Avg. Price / ft2
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Apartments for Rent at 40 West 72nd Street (1)

1
Available Apts
$1,950
Prices Start At
$94
Avg. Price / ft2
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Rating

18
Out of 44

Architecture Rating: 18 / 44

+
24
Out of 36

Location Rating: 24 / 36

+
10
Out of 39

Features Rating: 10 / 39

=
52

CityRealty Rating Reference

 
Architecture
  • 30+ remarkable
  • 20-29 distinguished
  • 11-19 average
  • < 11 below average
 
Location
  • 27+ remarkable
  • 18-26 distinguished
  • 9-17 average
  • < 9 below average
 
Features
  • 22+ remarkable
  • 16-21 distinguished
  • 9-15 average
  • < 9 below average
 

Carter Horsley's Review

Carter Horsley's Building Review
"This pleasant, mid-block, Italian Renaissance-palazzo style, apartment building was erected in 1925 and converted to a cooperative in 1984.

It has a very distinctive cornice that is colored blue beneath its arches. The building has a three-story limestone base with a canopied entrance and arched windows on the second floor. It has a concierge and permits protruding air-conditioners. It has no health club, no balconies and no garage." Read Carter's Full Review
Pros
  • Concierge
  • Distinctive cornice with blue arches
  • Pleasant pre-war building
  • Half a block from Central Park
  • Canopied Entrance
  • Half a block from subway
  • Close to several landmarks
  • Convenient to many restaurants and boutiques
Cons
  • No Balconies
  • No health club
  • No garage
  • Many apartments
  • No sidewalk landscaping
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Subways

  1. B
  2. C
at Central Park West 0.11 miles
  1. 1
  2. 2
  3. 3
at Broadway 0.24 miles
 

Sales Summary - Past 12 Months

View By Apartment Sizes
Past 12 Months
$931,667
Avg. Price
Based on 3 Sales
 

Closing History - Last 10 sales

10
Units Sold
$590K - $2.9M
Price Range
$1,144
Avg. Price / ft2

Pricing Comparison of Similar Buildings

View Detailed Comparison

In The Neighborhood: What’s Available & Sales Stats

Not enough data available to generate chart.
  • 385 Available for Sale
  • $2,295 Avg. Price / Ft2
  • $4,138,610 Avg. Price
  • $1,795,000 Median Price
  1. Most Expensive 15 Central Park West Apt PH41 | $45,000,000
    Price / ft2 $11,183
  2. Least Expensive 25 West 64th Street Apt 2F | $225,000
Not enough data available to generate chart.
  • 86 Available for Rent
  • $85 Avg. Price / Ft2
  • $8,581 Avg. Price
  • $4,300 Median Price
  1. Most Expensive Deutsche Bank Center Apt 75CE | $59,500
    Price / ft2 $157
  2. Least Expensive The Bancroft Apt 31B | $1,950
    Price / ft2 $94
Data is based on sales from past 12 months and only transactions for which we have approximate square footage information available are included above
Not enough data available to generate chart.
  • 236 Total Sales
  • $1,509 Avg. Price / Ft2
  • $2,404,669 Avg. Price
  • $1,152,000 Median Price
  1. Most Expensive 15 Central Park West Apt 1819B | $46,670,000
    Price / ft2 $8,319
  2. Least Expensive The Central Park View Apt 14BR | $375,000

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