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The Olcott, 27 West 72nd Street, #803

Listing no longer available on CityRealty as of Feb 17, 2022
It previously was on the market for a total of 118 days.
Last Sold on Feb 16, 2022 for $2,100,000
2 beds, 2 baths | Approx. 1,100 ft2
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  • Buyers
  • David M Will
  • Sellers
  • Gene Lee
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3 apartments are currently available in this building.
118 days on Market

Pricing History

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Key Details

  • Listed: Oct 22, 2021
    Days on Market: 118
    Building Type: Condominium
    Neighborhood: Central Park West (Manhattan)
    Doorman: FT Doorman
    Listing viewed 261 times
Monthly Common Charges: $1,341
Monthly Real Estate Taxes: $1,432
Total Taxes & Fees: $2,773 ($2.52/ft2)
Est. Monthly Mortgage: -
Total Est. Monthly Carrying Cost: $13,916 ($12.65/ft2)
Note: the above is based on a down payment of 20% ($420,000), which is the minimum amount permitted by the building.

Description

Welcome to a truly special home at the famed Olcott Hotel! Converted to condominium in 2007, this southern-facing 2-bedroom 2-bath with hardwood flooring, high-beamed ceilings, and central heating and A/C throughout is a seamless blend of pre-war detailing and modern comfort. Complete with top-of-the-line appliances including a stainless steel Dacor stove top and range and tastefully disguised Subzero refrigerator and Miele dishwasher, this gourmet kitchen will inspire even the most timid home chef!

Graciously proportioned, the living room welcomes with its wall of southern-facing windows, built-in bookshelf, and relaxed dining area. A short hallway offers graceful separation between the living areas and second bedroom, which enjoys sun-filled southern exposure and well equipped closet space with custom storage. This hallway provides further access to a large walk in closet and second bath with radiant floors, marble sink, tub, and closet with washer/dryer unit.

Also sunny and looking south, the generous master bedroom offers a walk-in closet and substantial space for additional seating or a home office. Relax in the luxurious master bath complete with marble rain shower, soaking tub, and heated flooring; perfect for the cool autumn weather! Please note that the advertised taxes are with the STAR abatement, the unabated monthly taxes would be $1,735.

There is also an assessment in place for one year of $600 per month.

Legendary and historic, The Olcott is a coveted white-glove condominium with architectural grandeur harkening back to a bygone era. While the lobby maintains its historic elegance, today’s comforts include 24-hour doorman and concierge, on-site management, excellent gym, playroom, cold storage, and resident lounge.

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Apartment Amenities

  • Southern Exposures

About The Olcott, 27 West 72nd Street

74

The Olcott, 27 West 72nd Street has received a CityRealty Rating of 74, 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

20
Out of 44
+
29
Out of 36
+
17
Out of 39
+
8
=
74
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Distinguished 6 out of 8 points
Retail Quality:
Good 3 out of 5 points
Canopy Entrance:
Dramatic 3 out of 3 points
Alterations:
Well Done 1 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
Yes and Good 2 out of 3 points
Skyline:
Exists 1 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Exposed 0 out of 2 points
Airconditioners:
Allowed and Present 0 out of 2 points
Free Standing:
No 0 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
None 0 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:
None 0 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 10 blocks 5 out of 5 points
Views:
Open 2 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Some 2 out of 3 points
Protected Views:
Only Top Floors 1 out of 2 points
Distance To Subway:
3-5 Short Blocks 1 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
Less than 3 Short Blocks 2 out of 2 points
Distance To Park:
Less Than 3 Short Blocks 2 out of 2 points
Distance To Water:
3-6 Short Blocks 1 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Spacious 4 out of 5 points
Units Per Floor:
5-9 2 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
Yes 1 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Considerable 2 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 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:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
Yes 1 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
No 0 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Many 2 out of 2 points

Building Amenities

  • Conversion Year: 2005
  • Concierge
  • FT Doorman
  • Pre War
  • Resident Storage
  • Central AC
  • Full Service Garage
  • Washer/Dryer in building
  • Elevator
  • Mail Room
  • Children's Playroom
  • Lounge
  • Fitness Center
  • In-Unit Washer/Dryer
  • Bike Room
  • Live-In Superintendent

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Other Apartments Available in this Building (3)

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