---
title: "THE BANCROFT Co-ops for Sale in Manhattan | Buyer Savings"
description: "View active listings, prices, and amenities at THE BANCROFT, located at 40 West 72ND Street, New York, NY 10023 in Manhattan. Buy a co-op with Buyer Advantage savings."
url: "https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/the-bancroft"
source: "Real Estate Rebate Team"
dateModified: "2026-09-09T19:03:42.191Z"
---

# THE BANCROFT

40 West 72nd Street, New York, NY 10023

Lincoln Square · Stock Cooperative · Built 1926

Availability last updated: September 9, 2026, 3:03 PM

## At a Glance

- **Active Units**: 3 Units
- **Starting Price**: $495,000
- **Property Type**: Stock Cooperative
- **Year Built**: 1926

## Building Overview

The Bancroft at 40 West 72nd Street is a historic pre-war cooperative located half a block from Central Park on the Upper West Side. Known for its Italian Renaissance-style architecture, it sits directly across from the legendary Dakota building.

## Illustrative Buyer Savings

**$20,250 at Closing**

Illustrative, based on a 3% buyer-broker commission on the highest-priced available residence. Régis shares 50% of the buyer-side commission actually received, so your figure follows the commission offered on your transaction.

Work with Régis before touring or submitting an offer to understand the building, evaluate pricing, and preserve eligible Buyer Advantage opportunities.

**Régis Roumila** — Principal Broker · NY & NJ. Private buyer representation for luxury resale and new development purchases. Verified Member: REBNY · NAR. NYDOS LIC#: 10491211335.

[Speak with Régis](mailto:info@real-estate-rebate.com?subject=Inquiry%3A%20THE%20BANCROFT) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)

## Key Building Details

- **Year Built**: 1926
- **Stories / Floors**: 15
- **Neighborhood**: Lincoln Square
- **Active Listings**: 3 units

## Building Amenities

- Building Other
- None
- Dining Area
- High Ceilings
- City
- Pets: Building Yes
- Pets: No

## Active Residence at THE BANCROFT

3 Active Residences

Buyer Advantage figures shown on these residences are illustrative, based on a 3% buyer-broker commission. Régis shares 50% of the buyer-side commission actually received on the transaction, so the figure follows the commission offered on the listing you buy. [How the Buyer Commission Share works](https://realestaterebatesnewyork.com/buyer-advantage)

| Residence | Type | Beds | Baths | Size | Price | Status | Estimated Buyer Advantage | Courtesy of |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [THE BANCROFT #97](https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/10023/40-west-72nd-street-97-ny-10023) | Stock Cooperative | 1 | 1 | — | $615,000 | Closed | $9,225* | Corcoran Group |
| [THE BANCROFT #143](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10023/40-west-72nd-street-143-ny-10023) | Stock Cooperative | 2 | 2 | — | $1,350,000 | Active | $20,250* | Corcoran Group |
| [THE BANCROFT #51C](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10023/40-west-72nd-street-51c-ny-10023) | Stock Cooperative | Studio | 1 | — | $495,000 | Active | $7,425* | Corcoran Group |

> This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.

## Sales History for THE BANCROFT

99 closings in this building. Prices are the consideration recorded on the deed with the City of New York wherever it has been filed.

| Unit # | Beds | Baths | Size | Closing Price | Price / Ft² | Asking Price | Sold On |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 97 | 1 | 1 | — | $615,000 (-11.5%) — Public record | — | $695,000 | Jul 14, 2026 |
| 31B | 0 | 1 | — | $350,000 (+7.7%) | — | $325,000 | Jun 8, 2026 |
| 48 | 0 | 1 | — | $359,970 — Public record | — | $360,000 | May 29, 2026 |
| 81B | 1 | 1 | 750 | $765,000 (+2.1%) — Public record | $1,020 | $749,000 | Apr 24, 2026 |
| 151C | 1 | 1 | — | $845,000 (+5.8%) — Public record | — | $799,000 | Mar 12, 2026 |
| 91A | 0 | 1 | — | $350,000 — Public record | — | — | Feb 12, 2026 |
| 58 | — | — | — | $400,000 — Public record | — | — | Feb 9, 2026 |
| 165 | 1 | 1 | — | $1,015,000 (+2%) — Public record | — | $995,000 | Jan 28, 2026 |
| 62 | 1 | 1 | 700 | $845,000 (-0.6%) — Public record | $1,207 | $850,000 | Sep 25, 2025 |

Showing the 9 most recent of 99 closings. The full record is on the building page.

Public record marks a price taken from the deed filed with the City of New York. Rows without it show the price reported to the listing service, which is what is available until the deed is recorded, typically about two weeks after closing.

The percentage beside a closing price is the sale measured against the original asking price. Rows with no asking price are sales with no listing behind them. Those are sponsor and off-market transfers taken from the public record.

> This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.

## Property Tax History

Property taxes for the co-op corporation at THE BANCROFT were $1,914,570 in 2026, up 7.3% from 2025.

These figures are for the entire building across all 142 apartments, not for this apartment. A co-op is a single tax lot: the corporation pays one property tax bill and recovers it through shareholders’ monthly maintenance. There is no separate tax bill for an individual unit.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $17,123,400 | $2,999,250 | $14,124,150 | $15,364,260 | $1,914,570 | 12.5% (estimated) |
| 2025 (FY 2025/26) | $16,293,600 | $2,999,250 | $13,294,350 | $14,322,150 | $1,784,716 | 12.5% (estimated) |
| 2024 (FY 2024/25) | $14,890,500 | $2,999,250 | $11,891,250 | $13,722,570 | $1,708,472 | 12.5% |
| 2023 (FY 2023/24) | $14,612,850 | $2,999,250 | $11,613,600 | $13,426,920 | $1,347,040 after $324,826 abatement | 12.502% |
| 2022 (FY 2022/23) | $13,900,950 | $2,999,250 | $10,901,700 | $12,964,350 | $985,378 after $597,604 abatement | 12.267% |
| 2021 (FY 2021/22) | $11,912,850 | $2,999,250 | $8,913,600 | $11,912,850 | $950,691 after $498,522 abatement | 12.235% |
| 2020 (FY 2020/21) | $13,295,700 | $2,999,250 | $10,296,450 | $12,572,800 | $1,533,059 | 12.267% |
| 2019 (FY 2019/20) | $13,412,250 | $2,999,250 | $10,413,000 | $12,090,760 | $1,498,984 | 12.473% |
| 2018 (FY 2018/19) | $13,197,150 | $2,999,250 | $10,197,900 | $11,717,190 | $1,463,907 | 12.612% |
| 2017 (FY 2017/18) | $12,297,150 | $2,999,250 | $9,297,900 | $10,927,620 | $1,371,335 | 12.719% |
| 2016 (FY 2016/17) | $11,956,050 | $2,999,250 | $8,956,800 | $10,287,810 | $1,307,028 | 12.892% |
| 2015 (FY 2015/16) | $10,885,500 | $2,999,250 | $7,886,250 | $9,589,500 | $1,217,221 | 12.883% |
| 2014 (FY 2014/15) | $10,250,100 | $2,999,250 | $7,250,850 | $8,951,400 | $1,133,614 | 12.855% |
| 2013 (FY 2013/14) | $9,249,300 | $2,999,250 | $6,250,050 | $8,665,380 | $1,120,467 | 13.145% |
| 2012 (FY 2012/13) | $9,098,100 | $2,999,250 | $6,098,850 | $8,555,520 | $1,109,786 | 13.181% |
| 2011 (FY 2011/12) | $8,464,500 | $2,999,250 | $5,465,250 | $8,335,900 | $1,099,968 | 13.433% |
| 2010 (FY 2010/11) | $7,695,000 | $2,999,250 | $4,695,750 | $8,103,000 | $1,062,530 | 13.353% |

The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one.

Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls.

Where an abatement applies, Property Tax is the amount owed after it. Abatements are granted to the property and do not necessarily transfer to a new owner.

Figures are the New York City Department of Finance assessment roll for tax lot 1011241002. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change.

[How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology)

## What to Review Before Buying in THE BANCROFT

Purchasing real estate in New York City or New Jersey goes beyond the apartment itself. To secure your asset and investment equity, we systematically analyze building structures, financials, board packages, and commission sharing arrangements.

1. **Building Quality** — Review construction, finishes, amenities, management, service level, and long-term resale value.
2. **Monthly Costs** — Understand common charges, property taxes, assessments, and the full carrying-cost picture.
3. **Transaction Strategy** — Evaluate pricing, sponsor terms, closing costs, negotiation leverage, and eligible Buyer Advantage opportunities before committing.

## Location & Neighborhood

40 West 72nd Street, New York, NY 10023

### Lincoln Square

Lincoln Square is the cultural hub around Lincoln Center. It mixes art and commerce. For buyers seeking Lincoln Square Manhattan real estate, it offers culture at the doorstep. Living in Lincoln Square is artistic. As a Manhattan NYC neighborhood, it is sophisticated. The market for homes for sale in Lincoln Square is vibrant. The lifestyle in Lincoln Square revolves around the arts. Lincoln Square is served by the 1 train. Central Park is adjacent. Amenities: The Metropolitan Opera is next door. Lincoln Square is best for music and opera lovers.

- [Lincoln Square Guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/lincoln-square)
- [Browse Lincoln Square Residences](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/lincoln-square-manhattan)
- [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

## Frequently Asked Questions

### Is it near Strawberry Fields?

Yes, the Strawberry Fields entrance to Central Park is just steps away.

### Is it a pet friendly building?

The Bancroft is generally known to be pet-friendly.

Have questions about THE BANCROFT? [Speak with Régis before you tour.](mailto:info@real-estate-rebate.com)

## Considering a Residence at THE BANCROFT?

Speak with Régis before you tour, negotiate, or submit an offer. Receive private buyer-side guidance, pricing context, and eligible Buyer Advantage opportunities where available.

[Schedule a private consultation](https://realestaterebatesnewyork.com/contact) · [All buildings](https://realestaterebatesnewyork.com/buildings)