It previously was on the market for a total of 199 days.

Last Sold on May 20, 2021 for $395,000

1 bed, 1 bath | Approx. 630 ft²

Certain content is available only to members.
There's no obligation.

Buyers
Melissa Ault Ricci

Sellers
Shelley Souza

Request Update

199 days on Market

Pricing History

Certain content is available only to members. There's no obligation.

Previous Photos & Floor Plan

Key Details

Listed: Dec 8, 2023

Last Price Change: ($114,000) on Apr 29

Days on Market: 199

Building Type: Condominium

Neighborhood: Lenox Hill (Manhattan)

Doorman: FT Doorman

Listing viewed 967 times

Monthly Common Charges: $1,022

Monthly Real Estate Taxes: $1,008

Total Taxes & Fees: $2,030 ($3.22/ft²)

Est. Monthly Mortgage: -

Total Est. Monthly Carrying Cost: $4,087 ($6.49/ft²)

Note: the above is based on a down payment of 20% ($77,000), which is the minimum amount permitted by the building.

Description

RENT STABILIZED TENANT IN PLACE. INVESTORS ONLY. PLEASE INQUIRE BY EMAIL. An amazing gem of an investment opportunity! Regulated tenant in place paying $1,117 per month.

Total monthly carrying costs for the owner is $2,171, so there is a deficit of $1,054 per month. Please note that this is similar units in the building have recently sold for $900k+, making for an incredible upside when the apartment becomes vacant. PLEASE NOTE, the tenant can renew the lease for as long as they would like, but the lease cannot be passed down. This large South facing one bedroom is beautifully designed and cared for by this very stylish tenant.

Enter the long entry hall with a sizable coat closet leading to the generously proportioned and sun flooded living room. There is a King sized bedroom with 2 large closets and an en suite bath, a charming efficiency kitchen, and lovely prewar details throughout. La Bourgogne, or 157 East 72nd Street is an attractive prewar condominium built in 1923, known for its stunning roof terrace with panoramic city views. It is perfectly located on one of the most desired block of the Upper East Side, between Lexington and 3rd Avenue, just a few blocks away from Central Park, Museum Mile and close from all major transportation. **Please note, there is a current assessment of 268.74/month**

About Le Bourgogne, 157 East 72nd Street

Le Bourgogne, 157 East 72nd Street has received a CityRealty Rating of 59, 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

Out of 44

Out of 36

Out of 39

Out of 119

Architecture Rating: Points Breakdown

Exterior:

Very Attractive 5 out of 8 points

Retail Quality:

High-End 5 out of 5 points

Canopy Entrance:

Attractive 2 out of 3 points

Alterations:

None 2 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:

Attractively Enclosed 2 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 30 blocks 3 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:

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:

Less than 3 Short Blocks 2 out of 2 points

Distance To Park:

More than 6 Short Blocks 0 out of 2 points

Distance To Water:

More than 6 Short Blocks 0 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:

Quite Stylish 3 out of 5 points

Units Per Floor:

5-9 2 out of 5 points

Ceiling:

8-9 Feet 1 out of 4 points

Balconies:

None 0 out of 3 points

Health Club:

None 0 out of 2 points

Private Gardens:

None 0 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:

None 0 out of 1 points

Garage:

None 0 out of 1 points

Mixed Use:

No 0 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:

Some 1 out of 2 points

Condo
Built in 1923
147 Apartments
15 Floors

Building Amenities

Conversion Year: 1984
FT Doorman
High-Rise
Pre War
Resident Storage
Full Service Garage
Rooftop Terrace
Washer/Dryer in building
Elevator
Outdoor Entertainment Space
Bike Room
Live-In Superintendent
Terraces / Balconies

About this Building

Map View | Street View

{ "key" : "AIzaSyDquABdSLhathmwfnoTcYwA1BY6coZZyZk", "lat": 40.77026, "lng": -73.96107, "marker": { "icon": "https://img4-ab.cityrealty.com/neo/i/w/amenities/base.png" } }

This is your member's center

Le Bourgogne, 157 East 72nd Street, #8I

Pricing History

Previous Photos & Floor Plan

Key Details

Description

About Le Bourgogne, 157 East 72nd Street

Le Bourgogne, 157 East 72nd Street has received a CityRealty Rating of 59, based on:

Rating Summary

Architecture Rating: Points Breakdown

Location Rating: Points Breakdown

Features Rating: Points Breakdown

Building Amenities

Map View | Street View

Buy & Sell

Rent

Buildings

Insights

Company