Years after the initial sales launch, this Upper East Side luxury condo conversion at 40 East 72nd Street is finally 50 percent sold. The news comes from a recent Instagram post from Nikki Field, a broker from Sotheby's International Realty, the firm behind the sales and marketing of the building. Originally designed as a rental in 1928 by Schwartz and Gross, the transformation of 40 East 72nd Street to a boutique collection of just 6 residences spread throughout five stories was brought forth by Axia Development. Renowned architects Jacques Grange and Barry Rice were enlisted to enhance the interior spaces with beautiful finishes and extremely spacious layouts.
There are now three units remaining: a three-bedroom, three-and-a-half bathroom residence for $11.4M, a 3,402-square-foot maisonette residence for $12.3M, and most impressively, a massive 6,060-square-foot triplex penthouse for a whopping $29M. The four-bedroom, five-bathroom penthouse features three balconies, three terraces, a media room, and a library.
There are now three units remaining: a three-bedroom, three-and-a-half bathroom residence for $11.4M, a 3,402-square-foot maisonette residence for $12.3M, and most impressively, a massive 6,060-square-foot triplex penthouse for a whopping $29M. The four-bedroom, five-bathroom penthouse features three balconies, three terraces, a media room, and a library.
Enlarge Image
Enlarge Image
Enlarge Image
Enlarge Image
Enlarge Image
Enlarge Image
Enlarge Image
Enlarge Image
Enlarge Image
Enlarge Image
In this article:
Condo conversions are all the rage these days because buyers are able to get the best of both worlds - pre-war charm with all the modern-day conveniences - and 40 East 72nd Street is no exception. Aside from the landmarked facade, the building has been extensively renovated. Every residence offers private landings, 10 ft ceilings, outdoor space, and oversized galleries and rooms.
A long list of flashy amenities isn't really UES style, so the elevator building only offers a full-time doorman, but the homes' terraces, gardens, wood-burning fireplaces, washers/dryers, storage, and high-end appliances, custom hardware, plaster moldings, and custom craftsmanship more than compensate for that.
You can check out the official site for 40 East 72nd Street here and the listings on CityRealty here.
You can check out the official site for 40 East 72nd Street here and the listings on CityRealty here.
Landmarked Facade
Would you like to tour any of these properties?
Related Articles
Iconic Addresses
Scale Is Back. And the Upper East Side Has It.
Thursday, April 16, 2026
Future New York
New York’s Classical Revival: See the new Penn Station and traditional designs reshaping the luxury residential market
Wednesday, June 24, 2026
Great Listings
Tudor City at 100: Rich history and attractive listings from $309K at Turtle Bay city-within-a-city
Wednesday, June 24, 2026
Future New York
Price Cuts: "Big" screenwriter's Cobble Hill townhouse trimmed by $900K; Lantern House junior penthouse drops below $10M
Wednesday, June 24, 2026
Future New York
Landmarks praises residential conversion/restoration of NoMad's Baudouine Building, Seeks revisions to rooftop addition
Tuesday, June 23, 2026
Iconic Addresses
Paul Newman's parkside office sells 47% over ask; Pre-war condo conversions lead Manhattan sales
Tuesday, June 23, 2026
Get To Know
What is a sponsor unit? Pros, cons, and NYC apartments with no board approval required from $165K
Tuesday, June 23, 2026
Future New York
NYC contracts led by $18.5M Upper East Side mansion and a bespoke Billionaires' Row condo
Tuesday, June 23, 2026
Content Specialist
Sandra Herrera
Sandra Herrera is a writer, editor, and graphic designer based in Brooklyn, NY.
6sqft delivers the latest on real estate, architecture, and design, straight from New York City.
