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Rent/Lease Apartment 117 East 72nd Street

Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 117 East 72nd Street. This trend is projected to continue. Opportunities for subleases remain available at 117 East 72nd Street and in the nearby Upper East Side neighborhood.

Why Optimal Spaces –
Tenant Broker

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  • No fee for clients renting space.
  • We work for YOU, not the landlord.
  • Save 15–20% on your business costs.
  • Save 100–200 hours of research.
  • Access to all available spaces.
  • Specialized real estate expertise.

Alone or with other broker

✕
  • Miss deals and hard-to-find spaces.
  • Potential conflict of interest (often represent landlords).
  • Only 10% of available spaces are online.
  • Lack of specialized expertise.
  • May not get the best terms or uncover hidden costs.
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Tenant Representation: Optimal Spaces acts exclusively as a "Tenant Broker," only representing tenants, never landlords.
⚖️
Unbiased Service: Avoiding conflicts of interest, they provide impartial service, showing a wider range of properties and negotiating the best price.
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Comprehensive Process: Agents guide clients end-to-end, offering market surveys, floor plans, pricing expectations, and industry contacts.
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Cost Savings: They negotiate rental price and identify/abate "hidden costs."
1. The Crucial Distinction: Whose Side Are They On?
2. It Almost Always Costs You Nothing
3. Access to “Hidden” Inventory
4. Negotiating Beyond Base Rent
5. Time Savings & Process Management
6. Mitigating Risk (the “Gotchas”)

117 East 72nd Street Property Overview

Building Address: 117 East 72nd Street, New York NY 10021
Building Alternate Address: 117 E 72nd St
Zip Code:10021
Neighborhood:Upper East Side
Borough:Manhattan
Stories:15
Year Built:1928
Building Class:B

117 East 72nd Street, located in the prestigious Lenox Hill neighborhood of Manhattan, New York City, is a notable pre-war cooperative building. It was designed by architect Kenneth M. Murchison and constructed between 1927 and 1928 in the Colonial Revival style. This 15-story building is part of the Upper East Side Historic District Extension and features a mix of elegance and historical significance.

The building's design and construction reflect the architectural trends of its time, with a focus on maintaining the aesthetic appeal of the Upper East Side. Over the years, it has undergone minor modifications to meet modern code requirements while preserving its original charm. The building's proximity to Central Park and its inclusion in a historically significant district make it a desirable residence.

Historically, the Upper East Side has been a sought-after location for many influential families, including the Vanderbilts and Carnegies. The area's transformation from farmland to a residential hub began in the 19th century, with the construction of iconic apartments and townhouses. Today, 117 East 72nd Street remains a testament to the enduring appeal of pre-war architecture in Manhattan.

117 East 72nd Street is a pre-war co-op building located in the Upper East Side of Manhattan, NYC. Built in 1928, it stands as a 15-story mid-rise with 18 units. The building offers amenities such as a full-time doorman, elevator, and private storage. Pets are allowed, and there is a 2% flip tax for buyers. The property is known for its elegant architecture and proximity to Park Avenue, providing a blend of privacy and luxury living.


Building Amenities at 117 East 72nd Street, Manhattan, NYC:

  • 24 Hour Security Guards
  • Abundant Closets
  • Breakfast Area
  • Central Air Conditioning
  • Courtyard
  • Dining Area
  • Dishwasher
  • Elevator
  • Full Time Doorman
  • Hardwood Floors
  • High Ceilings
  • Live-in Super
  • Maisonette
  • Private Entrance
  • Private Storage
  • Laundry in Building
  • Pets Allowed


117 East 72nd Street is a 15-story pre-war co-op building located in the Upper East Side of Manhattan, NYC. It was built in 1928 and features 18 units. The building offers amenities such as a full-time doorman, elevator, and laundry facilities. Pets are allowed in the building.

One notable unit is a maisonette, which is currently configured as a professional office. This space includes seven rooms and four half baths, providing ample opportunity for renovation into a residential space. The building is situated near Park Avenue, offering a prime location with easy access to local amenities.

The building's management includes a live-in super and on-site staff, ensuring meticulous maintenance. There is a 2% flip tax for new purchases, and financing is not permitted. However, the building's proximity to upscale boutiques and renowned schools makes it an attractive location.


Internet providers available at 117 East 72nd Street, Manhattan, NYC, include:

  • Verizon Fios: Offers fiber-optic internet with speeds up to 2.3 Gbps. Known for reliable service and competitive pricing starting at $49.99.
  • Spectrum: Provides cable and fiber internet with speeds up to 1 Gbps. Offers bundling options for TV and phone services.
  • Astound Broadband Powered by RCN: Offers both cable and fiber services with speeds up to 1.5 Gbps. Known for affordable plans starting at $20.
  • Earthlink Fiber: Offers fiber internet with speeds up to 2,300 Mbps.
  • STARRY Fixed Wireless: Provides fixed wireless internet with speeds up to 500 Mbps.

117 East 72nd Street is located in the Lenox Hill area of Manhattan, NYC. The nearest subway stations include 68 Street-Hunter College and 72 Street, providing easy access to various parts of the city via lines Q, N, R, 4, 6, and 6X. Nearby bus routes include the M15, M15-SBS, M98, Q101, and M72. The cross streets are East 72nd Street and Lexington Avenue, with First Avenue nearby.

Nearby Office Tenants Leased
  • Roberta Washington Architects leased 1,413 SF at 68 East 131st St
  • New York State Office of… leased 51,659 SF at 55 West 125th St
  • Gagosian Gallery leased 50,000 SF at 980 Madison Ave
  • New York State Workers' Compensation Board leased 45,205 SF at 215 West 125th St
  • Beth Israel Medical Center leased 38,461 SF at 1825 Park Ave
  • CareMax leased 27,400 SF at 1915 Third Ave
  • Avantus Renal Therapy U… leased 19,906 SF at 315 East 62nd St
  • Icahn School of Medicine leased 12,000 SF at 207 East 94th Street
  • Volastra Therapeutics leased 11,000 SF at 1361 Amsterdam Avenue
  • The Studio Museum of Ha… leased 10,000 SF at 310 Lenox Ave
Nearby Retail Tenants Leased
  • Ricky's NYC leased 5,180 SF at 55 West 125th St
  • Rebecca Taylor leased 4,338 SF at 980 Madison Ave
  • Galaxy Medical PC leased 4,239 SF at 68 East 131st St
  • Hammacher Schlemmer leased 4,143 SF at 145 East 57th St
  • Swerve Fitness leased 3,500 SF at 1140 Third Avenue
  • The House of Little People leased 2,800 SF at 401 East 84th St
  • Envy Corp. leased 2,500 SF at 4261 Broadway
  • City Mall leased 2,500 SF at 4-14 West 125th Street
  • Claire's Boutique leased 2,214 SF at 210 East 86th St
  • United Parcel Service leased 2,100 SF at 1735 Park Ave

Onsite Networks Testimonial

Onsite Networks testimonial I am writing in recognition of the quality service provided by Optimal Spaces Inc. and Stephen Sunderland in finding us a sublease at 41 Madison Avenue. We strongly recommend them for the excellent job they did. They were efficient and responsive in locating spaces that met our needs and corporate image, aggressive in negotiating on our behalf, and effective in communicating our needs to the landlord and getting our offer accepted. I look forward to working with the team at Optimal Spaces Inc. again. Very truly yours, Dennis Jules Kessler Chief Financial Officer On Site Networks, Inc