1 West 72ND Street #55, New York City, NY 10023
Listing Courtesy of Douglas Elliman Real Estate
$5,500,000
Potential Rebate: $82,500
Overview
<p> </p> <p> Welcome to residence 55 at The Dakota, one of Manhattan's most celebrated and storied addresses. Every detail of this home evokes a sense of grandeur, with soaring ceilings, oversized windows, intricate crown moldings, gorgeous millwork and four fireplaces that create warmth and charm throughout.</p> <p> A large and inviting gallery welcomes you into the home and leads to a spacious living room highlighted by a fireplace and oversized window with open city views and a Juliet balcony. Adjoining is a library, or third bedroom, with built-in shelving and a second fireplace. Across the hall, the dining room, currently configured as a den, features southern exposures, elegant wainscoting, a large closet, and a third fireplace.</p> <p> The sun-filled, huge, windowed eat-in kitchen is outfitted with top-of-the-line appliances and extensive storage and counter space.</p> <p> The primary suite offers ample storage, a fireplace, 3 closets, and an unusually large en-suite bath. A well-proportioned second bedroom is served by an additional full bathroom conveniently located in the hall.</p> <p> Additional features are too numerous to list and include, ample closet space, three zoned central air conditioning and beautiful exposures. </p> <p> The Dakota offers full-time doormen and concierge service, a fitness center and private storage. There is a 3% flip tax paid by the buyer.</p> <p> Please call us to schedule a private viewing.</p> <p> </p>
Home Features
- •Washer Hookup
- •In Unit
- •Building Courtyard
- •City
Estimated Monthly Payment
$38,808 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$82,500
Monthly savings impact
$229/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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Experience
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Listings
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 Douglas Elliman Real Estate
Data Source: TRESTLE #RLS20052863
Price Analysis
Compare average listing prices and value metrics for THE DAKOTA against the surrounding Upper West Side market.
Average List Price
Price Per SqFt
46.75% Higher
than the Upper West Side 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 Upper West Side.
Upper West Side
Overview of Upper West Side
The Upper West Side (UWS) is the intellectual and cultural counterpoint to the East Side. Sandwiched between Central Park and Riverside Park, it is known for its brownstones, protected historic districts, and artistic legacy. For buyers seeking Upper West Side Manhattan real estate, it offers a relaxed, leafy, and quintessentially "New York" vibe.
Living in the Upper West Side feels like living in a movie. The streets are wide and lined with trees. As a beloved Manhattan NYC neighborhood, it attracts writers, actors, and families who value space, parks, and Zabar's.
Real Estate & Housing Market
The market for homes for sale in the Upper West Side is robust. It is famous for its pre-war co-ops along Central Park West and Riverside Drive, and its miles of brownstone blocks in between. Newer condos have risen in the low 60s and along Columbus Avenue.
It is a high-demand market because the housing stock is beautiful and protected. You can't build skyscrapers on the brownstone side streets, preserving the light and character.
Lifestyle & Community
The lifestyle on the UWS is casual and community-focused. Neighbors stop to chat at the Sunday landscaped market or while walking dogs in Riverside Park. It feels less formal than the East Side.
Cultural institutions like Lincoln Center and the Museum of Natural History anchor the community, infusing it with art and science.
Transportation & Accessibility
The Upper West Side is served by the 1/2/3 and B/C trains. The express 2/3 makes getting to Times Square or Wall Street incredibly fast.
The West Side Highway provides easy car access for escapes to the Catskills or Jersey.
Parks, Schools & Amenities
You are never more than two blocks from a park. Riverside Park offers sunsets over the Hudson, while Central Park offers the Great Lawn and the Reservoir.
Amenities are iconic: Zabar's, Fairway, Barney Greengrass. The food culture here is legendary. Schools are excellent, contributing to its reputation as a family haven.
Who This Neighborhood Is Best For
The Upper West Side is best for families, dog owners, and creatives who want a beautiful, green, and relaxed neighborhood with deep cultural roots.
