525 E 72nd St nyc
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Lease Apartment 525 E 72nd St

Rent Apartment 525 E 72nd St Property Overview

Building Address: 525 E 72nd St, New York NY 10021
Building Name: One East River Place
Zip Code:10021
Neighborhood:Lenox Hill
Borough:Manhattan
Stories:0
Year Built:1986
Building Class:A


525 East 72nd Street, Manhattan, New York City, contains two distinct buildings with different histories and uses.

East River Professional Building

Location: Lenox Hill, Manhattan

Year Built: 1986

Type: All Parking Garages (G1), Structure Type: Miscellaneous Parking Garage

Total Square Feet: 14,718

Stories: 2

Purchase History: Last sold on November 23, 2022, for $410,000,000.

One East River Place

Location: Lenox Hill, Manhattan

Year Built: 1989

Type: Residential Rental Building

Total Floors: 49

Total Apartments: 415

Amenities: Full-time doorman, pool, fitness center, rooftop terrace.

525 E 72nd St, Manhattan, NYC is known by several names, including the East River Professional Building and One East River Place. It is located in the Lenox Hill neighborhood of Manhattan, NY 10021.

Key Features:

  • 50-story post-war rental building
  • 415 residences
  • Doorman and concierge services
  • Pool and fitness center
  • Central laundry room
  • 24-hour attended garage available

Notable Structure: One East River Place features a rooftop duplex health club with an indoor pool and solarium, as well as a fitness center and outdoor sundeck.


One East River Place Amenities

  • 24-hour Doorman and Concierge
  • 50-story rental building
  • Spacious apartments with high ceilings
  • Floor-to-ceiling windows
  • Rooftop health club with heated indoor pool and solarium
  • Fitness center with modern equipment
  • Garage with valet parking
  • Central air conditioning and heating
  • Pets allowed
  • Private sculpture garden with reflecting pool

One East River Place, located at 525 E 72nd St, Manhattan, NYC, is a 50-story post-war rental building built in 1986. It consists of 414 units.

The building offers a range of amenities including a doorman, concierge, pool, elevators, and a central laundry room.

Other features include a gym, health club, common garden, outdoor space, roof deck, and a garage.


525 E 72nd St, Manhattan, NYC, provides residents with access to various internet service providers. The primary options in the area include:

Verizon Fios: Offers high-speed fiber internet with speeds up to 2 Gbps and excellent customer service.

Spectrum: Provides cable and fiber internet with speeds up to 1 Gbps. Their service covers a significant portion of the Upper East Side.

Earthlink Fiber: Delivers fiber internet with speeds up to 2,300 Mbps, though it's not specified if this service is available within the building.

STARRY Fixed Wireless: Another option in the neighborhood, offering speeds up to 500 Mbps.

525 E 72nd St is located in the Upper East Side neighborhood of Manhattan, NYC.

Transportation:

  • Subway: Closest stations are 72 St on the N, Q, and R lines, approximately 0.4 miles away.
  • Bus: Several bus lines nearby, including M31 and M72.

Cross Streets:

Between Lexington Avenue and 1st Avenue.

Neighborhood Amenities:

  • Nearby parks include John Jay Park and St. Catherine's Park.
  • Close proximity to Central Park and other cultural attractions.
Nearby Office Tenants Leased
  • Tend Dental leased 3,630 SF at 177 E 75th St
  • Garden OB/GYN leased 2,500 SF at 1261-1281 Second Ave
  • Garden OB/GYN leased 1,750 SF at 220 E 63rd St
  • Dr. Barry J Weinberg MD leased 1,088 SF at 1424 Second Ave
  • Lenox Hill Radiology leased 1,000 SF at 400 E 66th St
  • Seckin Endometriosis Center leased 500 SF at 870 5th Ave
  • Herbert Kunstadt Associates PC leased 500 SF at 870 5th Ave

Clemente Capital Testimonial

Clemente Capital testimonial
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Tenant Representation: Optimal Spaces acts exclusively as a "Tenant Broker," only representing tenants, never landlords.
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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."

Why Optimal Spaces –
Tenant Broker

  • 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.
Why Use a Tenant Broker: Your Advocate in Commercial Real Estate
1. The Crucial Distinction: Whose Side Are They On?
Landlord Rep (Listing Agent) — Fiduciary Duty: Landlord. Highest rent, best terms for landlord.
Tenant Rep (Tenant Broker) — Fiduciary Duty: Tenant Only. Lowest rent, best terms for tenant. Levels the playing field.
2. It Almost Always Costs You Nothing
3. Access to “Hidden” Inventory
4. Negotiating Beyond Base Rent
Landlord pays the broker fee — free expert representation for the tenant.
Access to hidden inventory: off-market listings, subleases, and future availabilities via broker databases and networks.
Negotiating beyond base rent: free rent, TI allowance, OPEX caps, and lease flexibility for renewal or expansion.
5. Time Savings & Process Management
6. Mitigating Risk (the “Gotchas”)
Tenant broker handles searching, scheduling, and RFPs — your outsourced real estate department with curated options and timeline management.
Mitigating risk: spotting pitfalls in LOI and lease such as restoration clauses and holdover penalties.
Summary: Don’t rely on the landlord’s agent. A tenant broker is your advocate, provides better data, negotiates a complete package, and typically costs you nothing.
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