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

The Bancroft, 40 West 72nd Street, #71

$3,195,000 ($1,465 per ft2) | 4 beds, 3 baths | Approx. 2,181 ft2
95 days on Market

Key Details

  • Listed Jun 25, 2021
    Days on Market 95
    Building Type Cooperative
    Neighborhood Central Park West
    Doorman FT Doorman
    Listing viewed 342 times
Monthly Maintenance $5,446 ($2.50/ft2)
Total Taxes & Fees $5,446 ($2.50/ft2)
Est. Monthly Mortgage $10,776
Total Est. Monthly Carrying Cost $16,222 ($7.44/ft2)

Description

Move right in to this renovated 3/4 bedroom home on a prime Central Park block on the UWS! Enter this seamlessly combined and stunning pre-war abode via a gracious entry foyer and find a bright loft-like, double-width living/dining room overlooking 72nd Street. The oversized north-facing windows are finished with a stretch of custom-designed window seats and drawers, increasing seating and storage in their respective rooms. The just-renovated kitchen has a breakfast bar that opens into the dining space and boasts top-of-the-line appliances, including a Wolf stove, a vented hood, and copious white wood cabinetry. Presently functioning as a 3 bedroom with a den with 3 full bathrooms, the den could easily also serve as a 4th bedroom.

Two bedrooms are accessible from the living space and have a shared bathroom. The third and fourth bedrooms/den are accessible via the entry gallery and on the other side of the apartment. That area also includes a beautifully custom-designed built-in office area. The primary bedroom, which is very separate and private and adjacent to the den/ 4th bedroom, has an enormous walk-in closet and windowed bathroom.

This home is complete with a full-size washer/dryer and new wide-plank hardwood floors throughout, high ceilings, an abundance of storage, and window A/C units in each room. The Bancroft is an Italian Renaissance palazzo-style prewar full-service co-op built in 1926 and converted to a 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.

Assessment of $486.25 in place through 2/22 for Local Law 11 (pointing). 1% flip tax paid by the seller. Local public transportation includes the B/C and the 1/2/3 subway lines, and bus stops both N/S and E/W are conveniently located right on the corner. Neighborhood conveniences include Trader Joe's, Fairway, Citarella, myriad coffee shops, chic clothiers, top-rated restaurants, and bars. The best of classic New York!

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Apartment Amenities

  • City View
  • Washer/Dryer in apt.

Similar Apartments Nearby

 

Pricing History

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About The Bancroft, 40 West 72nd Street

52

The Bancroft, 40 West 72nd Street has received a CityRealty Rating of 52, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

18
Out of 44
+
24
Out of 36
+
10
Out of 39
=
52
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Very Attractive 5 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
Yes and Good 2 out of 3 points
Skyline:
Exists 1 out of 2 points
Local Visibility:
Partially Visible 1 out of 2 points
Watertank:
Enclosed 1 out of 2 points
Airconditioners:
Allowed and Present 0 out of 2 points
Free Standing:
No 0 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
None 0 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Very Attractive with Trees 4 out of 5 points
Distance To Neighborhood Center:
Less than 50 blocks 1 out of 5 points
Views:
Open 2 out of 4 points
Neighborhood Ambience:
Attractive 2 out of 3 points
Traffic Noise:
Some 2 out of 3 points
Protected Views:
Only Top Floors 1 out of 2 points
Distance To Subway:
Less than 3 Short Blocks 2 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
3-5 Short Blocks 1 out of 2 points
Distance To Park:
Less Than 3 Short Blocks 2 out of 2 points
Distance To Water:
3-6 Short Blocks 1 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Quite Stylish 3 out of 5 points
Units Per Floor:
5-9 2 out of 5 points
Ceiling:
8-9 Feet 1 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Minimal 1 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
None 0 out of 1 points
Concierge:
Yes 1 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
No 0 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Some 1 out of 2 points
  • Co-op
  • Built in 1926
  • 140 Apartments
  • 16 Floors

Building Amenities

  • Conversion Year: 1984
  • FT Doorman
  • Pre War
  • Resident Storage
  • Rooftop Terrace
  • Washer/Dryer in building
  • Elevator
  • Bike Room
  • Live-In Superintendent

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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

Other Apartments Available in this Building (3)

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