Jun 19, 2017
Carter's Review
This handsome, 5-story, mid-block condominium apartment building at 40 East 72nd Street on the Upper East Side was designed by Schwartz & Gross in 1928 and has 6 units. More than a decade ago, it had 16 apartments and 3 medical offices.
It is owned by Axia Realty LLC and was internally redesigned in 2017 by Barry Rice and Jacques Grange, a designer whose clients have included Princess Caroline of Monaco, Alain Ducasse, Francois Pinault and Karl Lagerfeld.
Bottom Line
This very attractive, mid-block, red-brick apartment house has only six apartments and very convenient bus service and it is very close to the Ralph Lauren boutiques on Madison Avenue and the Frick Collection on Fifth Avenue.
Description
The building has a 45-foot-wide frontage on 72nd Street between Madison and Fifth Avenues with multi-paned windows set in arched façade openings.
Amenities
The building has a 24-hour doorman, a canopied entrance, some rear balconies, and some wood-burning fireplaces.
Apartments
Kitchens have Gaggenau ovens, Sub-Zero refrigerators and wine cooler and Miele range hoods. Bathrooms have floor warmers,
The duplex, 3,402-square-foot, 3-bedroom maisonette has 1,283 square feet of outdoor space, a 30-foot-long living/dining room and adjoining 22-foot-long enclosed kitchen both open to a 44-foot-wide terrace overlooking the garden.
Apartment two is a 3,111-square-foot unit with three bedrooms, a 19-foot-long entrance gallery, a 28-foot-long great room with a 16-foot-wide dining room off the enclosed and windowed 17-foot-wide kitchen. Two of the bedrooms have balconies.
- Condo built in 1928
- Converted in 2017
- Located in Park/Fifth Ave. to 79th St.
- 6 total apartments 6 total apartments
- 4 recent sales ($8.8M to $11.2M)