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The Belaire, 524 East 72nd Street

between York Avenue & East River Drive   |    Lenox Hill

for more information Are you ready to tour The Belaire? Contact

Key Details

  • Condo
  • Built in 1988
  • 147 Apartments
  • 50 Floors
  • Size From # avail
  • 1 Bed $799,000 2
  • 2 Beds $1,695,000 2
  • 3 Beds $5,390,000 2
  • Last updated Aug 18, 2017
  • View apartments for sale
$1,746 Avg. Price / Ft2
$65 Avg. Price / Ft2
  • Size Avg. Price # Sold
  • STUDIO $495,000 1
  • 1 BED $885,250 6
  • 2 BEDS $5,123,500 2
  • Avg. Price based on 9 closings during past 12 months Last updated Aug 18, 2017
  • View all recent sales
$1,870 Avg. Price / Ft2

Overview

87

The Belaire, 524 East 72nd Street has received a CityRealty Rating of 87, 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

30
Out of 44
+
26
Out of 36
+
22
Out of 39
+
9
=
87
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Very Distinguished 7 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
Well Done 1 out of 2 points
Plaza Or Atrium:
Very Attractive 3 out of 3 points
Contextual Design:
No, but Very Good 3 out of 3 points
Skyline:
Highly Visible 2 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Not Allowed 2 out of 2 points
Free Standing:
No 0 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
Exists 1 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:
Yes 1 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 20 blocks 4 out of 5 points
Views:
Impressive 3 out of 4 points
Neighborhood Ambience:
Attractive 2 out of 3 points
Traffic Noise:
Some 2 out of 3 points
Protected Views:
Many 2 out of 2 points
Distance To Subway:
More than 5 Short Blocks 0 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
More than 5 Short Blocks 0 out of 2 points
Distance To Park:
Less Than 3 Short Blocks 2 out of 2 points
Distance To Water:
Less than 3 Short Blocks 2 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
Some Noise 0 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:
3-4 3 out of 5 points
Ceiling:
8-9 Feet 1 out of 4 points
Balconies:
Some 1 out of 3 points
Health Club:
Yes, with Swimming Pool 2 out of 2 points
Private Gardens:
Substantial 2 out of 2 points
Storage Rooms:
Minimal 1 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
Some 1 out of 1 points
Door Person:
Yes 1 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:
Some 1 out of 1 points
Garage:
Yes 1 out of 1 points
Mixed Use:
Yes 1 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
No 0 out of 1 points
Other Amenities:
Many 2 out of 2 points
  • #21 Rated condo - Upper East Side
  • #8 Rated condo - Lenox Hill
How was this building rated?

This handsome, 50-story condominium tower at 524 East 72nd Street is one of the most attractive on the Upper East Side. 

Designed by Frank Williams and Associates for a development team headed by William Zeckendorf Jr., with Kumagai Gumi, a Japanese company, the tower's red-brick façade is a nicely modeled, slender slab. Its top culminates in several, terraced setbacks that give it a distinct and asymmetrical look. 

Completed in 1988, this offers the most unobstructed views of the group of high-rise towers that sprung up in the immediate vicinity following the move of Sotheby's, the auction house, from Madison Avenue in 1980 to an unattractive warehouse-like structure at the York Avenue corner of this block that was originally erected as a cigar warehouse for Lorillard Tobacco Company and was later occupied by Eastman Kodak before being redesigned for Sotheby’s by Lundquist & Stonehill. 

Sotheby's subsequently planned to erect a very large, medium-size tower on its avenue site designed by architect Michael Graves, but then abandoned the project in favor of a move to the redevelopment of the New York Coliseum at Columbus Circle. 

Sotheby's, however, eventually backed out of that plan and decided to build something modest in 1988 designed by Kohn Pedersen Fox at its existing site, which would mean that this tower's views to the west were not too compromised by the auction house. 

The lower 14-floors of the red-brick apartment building are used by the nearby Hospital for Special Surgery and designed for its use by Ulrich Franzen and entered from 71st Street from a sunken landscaped plaza with a fountain. 

The top of the tower originally had about 180 units and now has 147 condominium apartments.

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Apts For sale AT 524 East 72nd Street (6)

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Apts For rent AT 524 East 72nd Street (4)

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Nearby Subway Stations

  1. F
at West Rd and Unnamed 0.48 miles

Carter Horsley's Review

The Belaire, 524 East 72nd Street Carter Horsley's Building Review
"This handsome, 50-story condominium tower at 524 East 72nd Street is one of the most attractive on the Upper East Side. " Read Carter's Full Review

The pros & cons

Pros
  • Many excellent and protected views
  • Conference room
  • Yoga room
  • Delightful double row of trees in front of building
  • Dead end street has attractive- curved- seating area
  • Down the block from Sothebys auction house
  • Very attractive building silhouette with asymmetrical top
  • Part of a luxury high rise enclave near the East River
Cons
  • Dead end street
  • No roof deck
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The Belaire, 524 East 72nd Street Aerial Imagery

 

Pricing Comparison of Similar Buildings

View Detailed Comparison

The Belaire, 524 East 72nd Street - 10 year Sales History

View Full Sales History
 

The Belaire, 524 East 72nd Street 12 Month Sales Summary

View By Apartment Sizes
Past 12 Months
$1,870
AVG Price / ft2, based on 9 Sales
 

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In the Neighborhood: What’s Available & Sales Stats

Not enough data available to generate chart.
  • 263 Available for Sale
  • $1,768 Avg. Price / Ft2
  • $2,764,749 Avg. Price
  • $2,100,000 Median Price
  1. Most Expensive Barbizon 63 Apt PH2 | $13,888,000
    Price / ft2 $3,858
  2. Least Expensive 223 East 78th Street Apt 4C | $315,000
Not enough data available to generate chart.
  • 192 Available for Rent
  • $67 Avg. Price / Ft2
  • $6,862 Avg. Price
  • $5,250 Median Price
  1. Most Expensive 225 East 64th Street Apt LL | $65,625
    Price / ft2 $75
  2. Least Expensive 1420 York Avenue Apt 3H | $2,000
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.
  • 356 Total Sales
  • $1,569 Avg. Price / Ft2
  • $1,898,114 Avg. Price
  • $1,413,003 Median Price
  1. Most Expensive The Charles Apt 26FL | $10,870,000
    Price / ft2 $3,148
  2. Least Expensive York River House Apt 7A | $300,000
    Price / ft2 $500

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for more information Are you ready to tour The Belaire? Contact
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