Brokers & Owners: Promote your listings & more!
Sign up
Contact Us
 
 
 
 
 
 
A blog from CityRealty (Links below will take you to the 6sqft site)
 
 

The Oliver Cromwell, 12 West 72nd Street

Between Central Park West & Columbus Avenue

Key Details

  • Year Built 1926
    Building Type Cooperative
    Neighborhood Central Park West
  • Total Apartments 172
    Total Floors 29
    Doorman FT Doorman
$1,340
Avg. Price / ft2
$1,262
Avg. Price / ft2

Rating

24
Out of 44

Architecture Rating: 24 / 44

+
30
Out of 36

Location Rating: 30 / 36

+
14
Out of 39

Features Rating: 14 / 39

=
68

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
  • #44 Rated co-op - Central Park West
 

Description

This 30-story tower is credited with ushering in "the transformation of its parkside neighborhood into one of the most architecturally distinctive areas in the city...It is one of Manhattan's finest free-standing towers of the 1920's."

That assessment was made, correctly, by Steven Ruttenbaum in his book, "Mansions in the Clouds, the Skyscraper Palazzi of Emery Roth," (Balsam Press, Inc., 1986).

What is surprising is the location of such a magnificent tower. It is not fronting on a park, or even a corner. The building almost seems too extravagant for its mid-block setting. The building's entrance is a two-story arch and it and the façade detailing "contribute a majestic and powerful quality to the building," Ruttenbaum wrote.

The tower, which was completed in 1927, has a buff brick façade above a rusticated, three-story stone base and terra-cotta window surrounds in Italian Renaissance fashion at the fourth, fifth, sixth, 15th, and 26th through the 29th stories.

The building has setbacks at the 16th, 19th, 20th, 21st 27th, and 29th floors.

The symmetrical design by Emery Roth culminates in a pointed green-glazed terra-cotta lantern on an octagonal drum.

"In the wintertime, it is possible to see steam escaping through the arched openings of the lantern, trailing off into the heavens. It is an inspirational sight to behold," according to Ruttenbaum.

"The first-floor public spaces of the Oliver Cromwell," he continued, "originally were richly decorated in an eclectic and colorful mixture of styles. The lobby was intimately scaled and embellished with classically inspired polychrome terra-cotta arches and doorways. At one end of the room was a tile fountain supporting a bust of Oliver Cromwell. The ceiling was decorated with a colorful terra-cotta cornice and was divided into a series of irregularly shaped panels with murals painting in pastel shades depicting figures in Spanish costume. The main dining room was of similar design; however, its ceiling was wood-paneled and ornamented with colorful plaster moldings. The overall effect of these details produced a rich, polychrome impression....

"Despite these fine features, however, the Oliver Cromwell was not an immediate financial success. Following the building's opening, many suites remained vacant, and when economic chaos engulfed the city shortly thereafter as a result of the stock market crash, the hotel suffered even greater financial uncertainty. In early 1932, the building went into receivership and new efforts were made to attract tenants by increasing services. At that time, occupancy, which included month-to-month rentals and long-term leases, ran less than 60 percent.

"By the end of the year, however, every apartment, both furnished and unfurnished, was under lease for at least one full year. Five years after its completion, financially stability finally found a home at the Oliver Cromwell....According to his sons, [Roth]...took special satisfaction in the design of the Oliver Cromwell. Because he considered it the finest building produced by his office, he was distressed that it was not an immediate financial success."

The 172-unit building was converted to a cooperative apartment building in 1984.

Its prominence was short-lived and diminished somewhat by the tall twin towers of the Majestic apartment house at the Central Park West corner a few years after its completion.

While the famous towers along Central Park West survived the Depression fairly well, side- and cross-street buildings did not fare as well and the Oliver Cromwell even had to resort to a large roof-top sign for a while and the opulence of its lobby and its reputation lost much of their luster, which is surprisingly since it is not much different from the Carlyle Hotel on Madison Avenue on the Upper East Side and is slightly scaled down from Roth's own Ritz Tower at the northeast corner of Park Avenue and 57th Street.

Show more

Building Amenities

  • FT Doorman
  • Pre War
  • Basement Storage
  • Washer/Dryer in building
  • Elevator
Want more information about this property? Get it here!
Schedule a Viewing

Apartments for Sale at 12 West 72nd Street (9)

9
Available Apts
$459K - $3M
Price Range
$1,340
Avg. Price / ft2
Loading Listings ...
No Listings Found. Please update the search criteria.
  • List
Show all
 

Carter Horsley's Review

Carter Horsley's Building Review
"This 30-story tower is credited with ushering in "the transformation of its parkside neighborhood into one of the most architecturally distinctive areas in the city...It is one of Manhattan's finest free-standing towers of the 1920's."
That assessment was made, correctly, by Steven Ruttenbaum in his book, "Mansions in the Clouds, the Skyscraper Palazzi of Emery Roth," (Balsam Press, Inc., 1986)." Read Carter's Full Review
Pros
  • Magnificent views from upper floors
  • Near Central Park
  • Convenient to subways
  • Prime location
Cons
  • No garage
  • No sundeck
  • No health club
{ "key" : "AIzaSyDquABdSLhathmwfnoTcYwA1BY6coZZyZk", "lat": 40.7764356, "lng": -73.9771406, "marker": { "icon": "https://img3.cityrealty.com/neo/i/w/amenities/base.png" } }
More Neighborhood Info

Subways

  1. B
  2. C
at Central Park West 0.07 miles
  1. 1
  2. 2
  3. 3
at Broadway 0.29 miles
 

Sales Summary - Past 12 Months

View By Apartment Sizes
Past 12 Months
$1,371,833
Avg. Price
Based on 9 Sales
 

Closing History - Last 10 sales

View All Closed Transactions
10
Units Sold
$420K - $3.4M
Price Range
$1,199
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.
  • 369 Available for Sale
  • $2,349 Avg. Price / Ft2
  • $4,014,497 Avg. Price
  • $1,995,000 Median Price
  1. Most Expensive 15 Central Park West Apt 34A | $29,500,000
    Price / ft2 $9,507
  2. Least Expensive 25 West 64th Street Apt 2F | $295,000
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.
  • 418 Total Sales
  • $1,727 Avg. Price / Ft2
  • $2,834,134 Avg. Price
  • $1,430,000 Median Price
  1. Most Expensive 15 Central Park West Apt 1617B | $50,000,000
    Price / ft2 $9,230
  2. Least Expensive 4 West 101st Street Apt 5 | $329,000

Famous Residents

 

Featured New Developments

THE ASTOR, 235 W 75TH STREET View Property
An iconic New York Landmark re-envisioned for the 21st century View Property

Similar Buildings

 
For More Information
Are you ready to tour The Oliver Cromwell? Contact
{"section":"building","group":"A","hood-id":11,"omit-double-building-ads":true,"ads":[{"type":20,"page":101,"limit":2},{"type":21,"page":101,"limit":1},{"type":18,"page":101,"limit":1}]}
{"version":"1.2.0","filters":{"registrationUserType":{"options":[{"label":"Buy","value":"buy","active":false},{"label":"Rent","value":"rent","active":false},{"label":"Sell","value":"ipo","active":false},{"label":"Agent","value":"broker","active":false}],"type":"select","name":"user type"},"registrationBedrooms":{"options":[{"label":"Studio","value":0,"active":false},{"label":"1 Bed","value":1,"active":false},{"label":"2 Beds","value":2,"active":false},{"label":"3 Beds","value":3,"active":false},{"label":"4 Beds","value":4,"active":false},{"label":"5+ Beds","value":10,"active":false}],"type":"select","name":"bedrooms"},"saleBuildingType":{"options":[{"label":"Condo","value":"condo","active":false},{"label":"Co-op","value":"coop","active":false},{"label":"Condop","value":"condo-coop","active":false},{"label":"Townhouse","value":"townhouse","active":false}],"type":"select","name":"building type"},"rentalBuildingType":{"options":[{"label":"Condo","value":"condo","active":false},{"label":"Co-op","value":"coop","active":false},{"label":"Condop","value":"condo-coop","active":false},{"label":"Rental","value":"rental","active":false}],"type":"select","name":"building type"},"registrationBuyersBudgets":{"options":[{"label":"<span class='up-to'>up to <\/span>$500K","value":500000,"active":false},{"label":"<span class='up-to'>up to <\/span>$750K","value":750000,"active":false},{"label":"<span class='up-to'>up to <\/span>$1.5M","value":1500000,"active":false},{"label":"<span class='up-to'>up to <\/span>$2.5M","value":2500000,"active":false},{"label":"<span class='up-to'>up to <\/span>$5M","value":5000000,"active":false},{"label":"<span class='up-to'>up to <\/span>$10M","value":10000000,"active":false},{"label":"<span class='up-to'>up to <\/span>$25M","value":25000000,"active":false},{"label":"no limit","value":50000000,"active":false}],"type":"select","name":"budget_buyer"},"registrationRentersBudgets":{"options":[{"label":"up to $2,000","value":2000,"active":false},{"label":"up to $4,000","value":4000,"active":false},{"label":"up to $6,000","value":6000,"active":false},{"label":"up to $8,000","value":8000,"active":false},{"label":"up to $10,000","value":10000,"active":false},{"label":"up to $25,000","value":25000,"active":false}],"type":"select","name":"budget_renter"},"registrationRegions":{"options":[{"id":1,"label":"Upper East Side","value":[3,4,8,9,34],"image":"https:\/\/ds3.cityrealty.com\/img\/f009c2ec3c97347fa5bd6ae37c0d85a2289faf1e+w+h+0+60\/upper-east-side.jpg"},{"id":2,"label":"Upper West Side","value":[10,11,14,16,17],"image":"https:\/\/ds2.cityrealty.com\/img\/df0e47bbc38552ece1dc102b411619fb4f509bee+w+h+0+60\/upper-west-side.jpg"},{"id":11,"label":"Midtown","value":[1,5,6,7,15],"image":"https:\/\/ds4.cityrealty.com\/img\/bbc6bccd6c96cd025f40fe9a3e210124a742dd42+w+h+0+60\/midtown.jpg"},{"id":3,"label":"Downtown","value":[21,23,24,25,26,28,30,31,32,33,39,40],"image":"https:\/\/ds3.cityrealty.com\/img\/77835ac8b10f7437f468f16073e8455b2697b1f7+w+h+0+60\/downtown.jpg"},{"id":13,"label":"Financial District\/BPC","value":[20,27],"image":"https:\/\/ds1.cityrealty.com\/img\/46d1cec3cdffe39d15e40a0d0d03e8bbe4998fab+w+h+0+60\/financial-district-bpc.jpg"},{"id":12,"label":"Upper Manhattan","value":[13,19,36,42,101],"image":"https:\/\/ds3.cityrealty.com\/img\/3dfca010ace6cb0aca5091064cc830dbfee70b2f+w+h+0+60\/upper-manhattan.jpg"},{"id":4,"label":"Brooklyn","value":[201,204,206,207,209,210,211,213,215,219,223,231,232,233,237,238,1200,1415,1421,1565],"image":"https:\/\/ds3.cityrealty.com\/img\/e863ea530699d71fdd61e1887f27c0dd50dc28be+w+h+0+60\/brooklyn.jpg"},{"id":5,"label":"Queens","value":[1483],"image":"https:\/\/ds3.cityrealty.com\/img\/a402bb6e13af8ade973b6c8a5812df054c75cf1b+w+h+0+60\/queens.jpg"},{"id":18,"label":"Bronx","value":[406],"image":"https:\/\/ds2.cityrealty.com\/img\/19a9137cad718b7872ff1a420c0f72128ac03fea+w+h+0+60\/bronx.jpg"}],"open":false,"name":"Regions"}},"invitedUserInfo":null}