Listing Courtesy of Brown Harris Stevens Residential Sales LLC
$15,000,000
Potential Rebate: $225,000
The Waldo Mansion<br> <br> Located on the iconic Upper East Side corner of Madison Avenue and East 72nd Street, one block from Central Park, 28 East 72nd Street("The Waldo Mansion") is an elegant five-story Gilded Age limestone townhouse with limitless potential.<br> <br> Constructed originally in 1897 for Gertrude R. Waldo by Kimball & Thompson architects as a single family mansion in the neo-French Renaissance (Châteauesque) Style, the property is currently configured as a fully occupied mixed-use asset with 5,358 interior sqft with 9,242 unused FAR. This presents the unique opportunity for a discerning purchaser to restore the home to it's former glory as a distinguished single-family residence on an exemplary block, or to hold as a long-term income producing asset in one of the most prestigious and valuable neighborhoods in the world.<br> <br> Architectural description:<br> <br> On the entrance level, there is a round-arched entrance with an adjacent round-arched window giving the impression of an arcade. The facade of the mansion is dominated by a projecting curved bay window at the second and third stories surmounted by a balustrade. Both stories contain triple square headed windows. Beneath the fourth floor windows are friezes with richly enframed cartouches. A tall limestone clad chimney continues a composition influenced by the châteaux of the Loire Valley. Although the Waldo Mansion is modeled on French 16th century châteaux, its reduced scale and urban setting result in a characteristically late 19th century American architectural creation. (Architectural description courtesy of Joseph Pell Lombardi)<br> <br> Location:<br> <br> 28 East 72nd Street is located directly adjacent to the iconic Rhinelander Mansion (currently occupied by Ralph Lauren), which was also constructed by Kimball & Thompson architects, on one of the most recognizable landmarked street corners in all of the Upper East Side Historic District. Renowned for its beauty, architectural significance and cultural heritage, this neighborhood is defined by its sophistication, luxury boutiques, fine dining establishments, world-class cultural institutions and Central Park. The Frick Collection and Metropolitan Museum of Art are nearby, as well as prominent art galleries such as Skarstedt and the Anita Shapolsky Gallery, and renowned auction house Sotheby's, making it a destination for culture and the arts.<br> <br> Property Details: <br> Year Built: 1897<br> Interior sqft: 5,358 square feet<br> Unused Air Rights: 9,242 square feet<br> Lot Dimensions: 18.25 ft x 80 ft<br> Building Dimensions: 18 ft x 67 ft<br> Frontage: 18' feet on East 72nd Street between Madison Avenue and Park Avenue<br> Building Class: Single or Multiple Dwelling with Stores or Offices (S9) - The building currently comprises five residential units and two commercial units, all under free-market leases.<br> Stories: 5<br> <br> Floor Area Ratio (FAR) information:<br> Residential FAR: 10<br> Commercial FAR: 4<br> FAR as built: 3.67<br> Maximum allowable floor area: 14,600<br> As-built floor area: 5358<br> Remaining buildable floor area: 9242
$74,120 per month
30 year fixed, 6.28% Interest
One-time rebate at closing
$225,000
Monthly savings impact
$625/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
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RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Brown Harris Stevens Residential Sales LLC
Data Source: TRESTLE #RLS20051342

Compare average listing prices and value metrics for 28 East 72ND Street against the surrounding Lenox Hill market.
than the Lenox Hill price-per-sq-ft average
This building commands a premium compared to the neighborhood baseline. This typically indicates superior amenities, newer construction, or prime positioning within Lenox Hill.
Lenox Hill is the medical and residential heart of the UES. It is classic and clean. For buyers seeking Lenox Hill Manhattan real estate, it offers stability.
Living in Lenox Hill is polished. As a Manhattan NYC neighborhood, it is established.
The market for homes for sale in Lenox Hill includes white-glove co-ops.
The lifestyle in Lenox Hill is refined.
Lenox Hill is served by the 6 and Q trains.
Central Park is the western border.
Amenities: Luxury shopping on Madison Ave.
Lenox Hill is best for doctors and established families.

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