165 East 72nd Street is a distinguished 21 story red brick cooperative built in 1960 and converted in 1969, strategically positioned on the west blockfront of Third Avenue between 72nd and 73rd Streets. The 204 unit building benefits from exceptional light and air due to its location across from low rise Colonial style buildings and the setback tower of Tower East. This prime Upper East Side location places residents within walking distance of renowned establishments like Gracious Home, Grace's Marketplace, and popular Lexington Avenue restaurants, while offering convenient access to subway stations at 67th and 77th Streets.
The building operates as a full service white glove co-op with an impressive array of amenities including three doormen at all times, a live in resident manager, fitness center, on-site garage, private storage, bike room, and central laundry facilities. The cooperative maintains stellar financials with consistently low maintenance fees, and offers flexible ownership policies allowing pets and pied-à-terre ownership on a case by case basis. However, subletting is not permitted, and there is a 2% flip tax with 75% financing available to qualified buyers.
The apartments showcase a remarkable consistency in high end renovations and luxury finishes throughout the building. Common features include custom California Closets with extra thick shelving, through wall HVAC systems with multi zone controls, and premium appliances from brands like Sub-Zero, Viking, Miele, and Thermador. Many units feature custom millwork, designer kitchens with quartz countertops, and sophisticated bathroom renovations using materials from Porcelanosa and Artistic Tile.
Several apartments boast exceptional outdoor space, most notably apartment 16C with its magnificent wrap-around terrace and apartment 16G featuring a private corner terrace with Central Park views and irrigation system. The building's higher floors offer particularly desirable features, with many units providing open city views, multiple exposures, and flexible layouts that can accommodate various living arrangements from studios to three bedroom configurations. Washer and dryer installation is permitted with board approval, adding modern convenience to these classic homes.
The apartments range from efficiently designed studios on higher floors with open western views to expansive three bedroom homes with rare eastern and western exposures visible from the same spot. Many units feature split bedroom layouts ideal for entertaining, with loft like common areas and sophisticated touches such as automated blinds, custom lighting systems, and built in storage solutions. The building's reputation for professional, friendly staff and its location in the heart of Lenox Hill, just blocks from Central Park, makes it one of the most highly regarded cooperatives on the Upper East Side.
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For some co-ops, instead of price per square foot, we use an estimate of the number of rooms for each sold apartment to chart price changes over time. This is because many co-op listings do not include square footage information, and this makes it challenging to calculate accurate square-foot averages.
By displaying the price per estimated room count, we are able to provide a more reliable and consistent metric for comparing sales in the building. While we hope that this gives you a clearer sense of price trends in the building, all data should be independently verified. All data provided are only estimates and should not be used to make any purchase or sale decision.