340 East 72nd Street is a distinguished red-brick prewar cooperative built in 1930 and converted in 1947. The 16-story building houses just 33 apartments, featuring classic prewar layouts with high beamed ceilings, hardwood floors, and wood-burning fireplaces. Many units include unique bonus rooms that were originally staff quarters but now serve as flexible spaces for offices or guest rooms.
The white-glove building offers full-service amenities including 24-hour doorman service, resident manager, private landscaped courtyard garden, fitness center, and bike storage. Each apartment comes with a dedicated storage cage in the basement at no additional cost. The building maintains traditional prewar character while accommodating modern conveniences such as through-wall air conditioning.
Situated in a prime Upper East Side location, the building is convenient to Sotheby's auction house, major hospital complexes, and numerous restaurants along First and Second Avenues. The co-op allows pets and permits 50% financing, with a 2% flip tax paid by purchasers. Cross-town bus service is available on 72nd Street, with subway access at nearby Lexington Avenue stations.
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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.