--- title: "40 East 72nd Street #PH, New York City, NY 10021" description: "40 East 72nd Street #PH, New York City, NY 10021 — Lenox Hill, New York City, NY. Listing Price $26,500,000. 5 bed, 6 bath, 6,060 sqft Illustrative Buyer Commission Share of $397,500 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10021/40-east-72nd-street-ph-PH-ny-10021" source: "Real Estate Rebate Team" status: "Active" --- # 40 East 72nd Street #PH, New York City, NY 10021 Lenox Hill, New York City, NY **Sponsor Residence** Courtesy of Corcoran Group ## At a Glance - **Listing Price**: $26,500,000 - **Beds**: 5 - **Total Baths**: 6 - **Sqft**: 6,060 - **Common Charges**: $20,960 / mo - **Price per Sqft**: $4,373 - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $26,500,000 - **Illustrative Buyer Commission Share**: -$397,500* - **Illustrative Net Cost**: $26,102,500 *Illustrative Buyer Savings of $397,500 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (10) ![40 East 72nd Street #PH, New York City, NY 10021 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/03ec3842-4c63-437c-945a-212ca64d29a7.jpg) ![40 East 72nd Street #PH, New York City, NY 10021 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f630565e-adc0-4c87-9839-93993e69b6eb.jpg) ![40 East 72nd Street #PH, New York City, NY 10021 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e5fc18e1-4ccf-4c28-8a61-f07c12bdec14.jpg) ![40 East 72nd Street #PH, New York City, NY 10021 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/54db014c-4c75-43d1-b5c2-1e93f7b21417.jpg) ![40 East 72nd Street #PH, New York City, NY 10021 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/480d3e88-3a2a-456d-b73d-ee0fc5ab0eb6.jpg) ![40 East 72nd Street #PH, New York City, NY 10021 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/062a3b47-c8a4-4ab8-aa5e-8cde914e8efb.jpg) ![40 East 72nd Street #PH, New York City, NY 10021 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ae93a3b1-0a20-44f2-b626-c81a27e4367d.jpg) ![40 East 72nd Street #PH, New York City, NY 10021 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f1334251-996e-4655-ab53-361a458e4099.jpg) ![40 East 72nd Street #PH, New York City, NY 10021 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5369e587-f1f3-4a99-a9ac-5811ad781f93.jpg) ![40 East 72nd Street #PH, New York City, NY 10021 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5f045e01-ddd3-47c7-89d9-c5adc6d494aa.jpg) ## Property Overview Penthouse Triplex at 40 East 72nd Street Inquire about Accessory Suite for sale. The residence is currently tenant-occupied through June 2027 at a monthly rent of $72,500, making it suitable for investors or buyers planning a future occupancy. No Board Approval Needed. Perfectly positioned between Park Avenue and Madison Avenue in the heart of the Upper East Side, this exceptional penthouse crowns an intimate boutique condominium distinguished by its seamless blend of classic prewar elegance and contemporary sophistication. Originally constructed in 1928 by the renowned architectural firm Schwartz & Gross and later meticulously reimagined by celebrated designer Jacques Grange together with architect Barry Rice, the building comprises just six residences and offers full-time doorman service, exceptional privacy, and the quiet refinement synonymous with premier Upper East Side living. Occupying the top three floors of the building, this magnificent twelve-room penthouse triplex encompasses approximately 6,060 square feet of interior living space and is complemented by three terraces and three balconies totaling 1,210 square feet of private outdoor space. With five to six bedrooms and five-and-a-half bathrooms, the residence offers extraordinary scale, remarkable natural light, and a layout designed for both grand entertaining and comfortable daily living. Floor-to-ceiling windows bathe the interiors in sunlight throughout the day, while central air conditioning ensures year-round comfort. The apartment also conveys with a private ground-floor staff room with a full bathroom, conveniently located just off the lobby. A private elevator opens directly into the penthouse, revealing the home's gracious entertaining level. The living room is an elegant, sun-filled space ideal for gatherings of any scale, with direct access to a private balcony and open city views. Adjacent to the living room, the formal dining room provides an impressive setting for entertaining and features a wood-burning fireplace along with its own balcony, creating a rare combination of classic charm and indoor-outdoor living. The chef's eat-in kitchen is thoughtfully designed to accommodate both sophisticated entertaining and everyday life. It is appointed with premium appliances, including two ovens with a five-burner cooktop by Gaggenau, a ventilation hood by Miele, and a refrigerator and freezer by Sub-Zero. Custom cabinetry, a double-wide sink, a wine refrigerator, and an integrated stainless steel trash chute complete the space. Just beyond the kitchen, a bright breakfast area opens directly onto an expansive terrace, creating a seamless indoor-outdoor setting ideal for morning coffee or casual dining. This level also features a spacious laundry room with a deep sink, washer, and dryer, as well as a powder room. The second floor is devoted to a luxurious primary suite designed as a private retreat. The primary bedroom enjoys its own balcony and is complemented by a generously sized walk-in closet. The spa-like primary bath is finished in marble and features an oversized soaking tub, a separate glass-enclosed shower, dual vanities, and fixtures by Waterworks, creating an atmosphere of serene refinement. Also on this level is a media room that opens onto a dramatic private terrace spanning nearly the width of the residence, offering an extraordinary outdoor living space ideal for entertaining or quiet relaxation. A guest bedroom or sitting room with an en-suite bath completes this floor. The top level serves as a private bedroom floor, offering three well-proportioned bedrooms that provide exceptional comfort and privacy for family and guests. One bedroom enjoys direct access to its own terrace, while the remaining two south-facing bedrooms feature en-suite baths and lovely natural light. An additional hall bathroom serves the floor, ensuring convenience and flexibility for residents and visitors alike. Throughout the penthouse, every detail reflects the refined vision of Jacques Grange, from custom moldings and carefully selected finishes to thoughtfully integrated architectural details. Expansive windows frame the surrounding cityscape while enhancing the residence's gracious proportions and natural light. Rarely does a home of this scale, pedigree, and privacy become available in such a coveted Upper East Side location. With its remarkable indoor-outdoor living, distinguished design heritage, and boutique condominium setting, this penthouse represents a truly exceptional offering-a grand Manhattan residence in the sky. Additional features include: A private storage included with the residence. Advance notice is required for all showings. ## Property Details - **Property Type**: Triplex - **Beds**: 5 - **Total Baths**: 6 - **Rooms**: 12 - **Sqft**: 6,060 sqft - **Stories**: 8 - **Year Built**: 1930 - **Price per Sqft**: $4,373 - **Common Charges**: $20,960 / Monthly - **Listed On**: Mar 11, 2026 - **Days on Market**: 185 Days ### Residence Features - Central Air - Building Other - In Unit - Balcony - Private Outdoor Space Over 60 Sqft - Separate/Formal Dining Room - High Ceilings - Dishwasher - City - Park/Greenbelt ## Sales Evidence ### Recent closed sales 3 apartments at 40 East 72nd Street have recorded sales since September 2021, the most recent for $7,600,000 in May 2026. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | 1 (Apartment) | 4 | 3,402 | $7,600,000 | $2,234/ft² | May 1, 2026 | City record · MLS | | 5 (Apartment) | 3 | 3,132 | $8,900,000 | $2,842/ft² | October 27, 2025 | City record · MLS | | 2 (Apartment) | 3 | 3,131 | $8,750,000 | $2,795/ft² | November 12, 2021 | City record · MLS | Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below. ### How this price compares The median closed price for comparable condo five-bedroom sales in Lenox Hill is $17,100,000, based on 14 sales between December 2024 and June 2026. This home is asking $26,500,000, $9,400,000 above that median. The middle half of those sales closed between $7,787,500 and $19,853,469. - **Median closed price**: $17,100,000 - **Middle half**: $7,787,500 – $19,853,469 - **Based on**: 14 condo five-bedroom sales in Lenox Hill - **Period**: December 2024 – June 2026 - **Median $/ft²**: $3,493/ft² Across the 13 of these sales with a published asking price, the median closed at 94.2% of what it originally asked. 85% of them closed below the original ask. This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Lenox Hill instead. ### How these sales were negotiated - **Sold vs original ask**: 94.2% of the original ask - **Closed below ask**: 85% of 13 sales - **Listed → in contract**: 123 days (about 18 weeks) - **In contract → closed**: 93 days (about 13 weeks) Across the 13 of these sales with a published asking price, the median closed at 94.2% of what it originally asked. 85% of them closed below the original ask. Half of these homes were in contract within 123 days (about 18 weeks) of coming to market, based on the 13 with a recorded listing date. Once a deal was agreed, closing took a further 93 days (about 13 weeks), based on the 13 with both dates recorded. These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure. Based on 14 condo five-bedroom sales in Lenox Hill, December 2024 – June 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ. Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for. [See every recorded sale at 40 East 72ND Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/40-east-72nd-street) ## Property Tax History Taxes at 40 East 72nd Street #PH were $152,942 in 2026, up 8.0% from 2025. | Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate | | --- | --- | --- | --- | --- | --- | --- | | 2026 (FY 2026/27) | $2,148,111 | $133,345 | $2,014,766 | $1,223,533 | $152,942 | 12.5% (estimated) | | 2025 (FY 2025/26) | $1,790,092 | $133,345 | $1,656,747 | $1,132,901 | $141,613 | 12.5% (estimated) | | 2024 (FY 2024/25) | $1,491,773 | $133,345 | $1,358,428 | $1,108,878 | $138,610 | 12.5% | | 2023 (FY 2023/24) | $1,243,144 | $133,345 | $1,109,799 | $1,055,709 | $131,985 | 12.502% | | 2022 (FY 2022/23) | $1,346,727 | $133,345 | $1,213,382 | $1,016,473 | $124,691 | 12.267% | | 2021 (FY 2021/22) | $1,584,385 | $133,345 | $1,451,040 | $941,179 | $115,153 | 12.235% | | 2020 (FY 2020/21) | $1,538,283 | $133,345 | $1,404,938 | $947,214 | $116,195 | 12.267% | | 2019 (FY 2019/20) | $1,281,951 | $133,345 | $1,148,606 | $877,050 | $109,394 | 12.473% | | 2018 (FY 2018/19) | $812,162 | — | — | $812,162 | $102,430 | 12.612% | 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. Figures are the New York City Department of Finance assessment roll for tax lot 1013861207. 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) ## About The Building ### 40 East 72nd Street Lenox Hill · Triplex 40 East 72nd Street, New York, NY 10021 A building in Lenox Hill, currently featuring 1 active listing. - **Year Built**: 1930 - **Total Units**: 1 - **Floors**: 8 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/40-east-72nd-street) ### Available Residences — For Sale (1) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [PH](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10021/40-east-72nd-street-ph-PH-ny-10021) | 5 | 6 | 6,060 sqft | $4,373 | $26,500,000 | Corcoran Group | Mar 11, 2026 | 184 days | ## Estimated Monthly Payment **$154,958 / month**, assuming a 20% down payment ($5,300,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $133,998 - **Common Charges**: $20,960 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Lenox Hill Overview of Lenox Hill [Explore Lenox Hill](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/lenox-hill) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Lenox Hill - [Inwood real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/inwood) ## Related Links - [40 East 72ND Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/40-east-72nd-street) - [Lenox Hill neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/lenox-hill) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > 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. ©2026 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 the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.