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420e East 72nd Street

420e East 72nd Street, New York, NY 10021
Property in Upper East Side
Sold May 14, 2019
$1,125,000
$3,000,000 by Bank Of America, N A
Mortgage Due Jul 03, 2049
Sold Mar 02, 2017
$1,535,000
Local assessors in New York, NY have categorized 420e East 72nd Street as a residential type of property. The home was built in 1962 and is 62 years old. The property's lot size has been calculated to be 20,433 square feet. The linear feet between the front and back of the lot was measured at 1,022 ft and the front of the lot was measured at 2,000 ft. This is a 19 story home so residents will need to have climb at least one set of stairs on a daily basis.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 10,000 sqft. There are 32 available parking spaces so it's a great situation for those with more than one car. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 420e East 72nd Street sold most recently in May 3, 2019 for a total of $1,125,000. If you work out the math, that's approximately a cost of $4.72 per sqft. Before that, the property was also sold for $1,535,000 in Feb 21, 2017. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $3,430,356 in taxes each year. 420e East 72nd Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $27,780,300. If we break it down further, the land itself was valued at $3,258,000. Improvements to the property, however, were assessed at a total of $24,522,300. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Bedroom Count: 0
  • Floor Count: 19
  • Living Units: 194
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 10,000
  • Parking Space Count: 32

    Dimensions

  • Lot Size Square Feet: 20,433
  • Lot Size Depth Feet: 1,022
  • Lot Size Frontage Feet: 2,000
  • Total Building Area: 238,180
  • Gross Building Area: 238,180
  • Building Area: 238,180
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.469
  • Standard Land Use Code: Cooperative unit (residential)

Ownership

  • Current Owner : SCHECHTER ELIZABETH
  • Previous Owner : STEINMAN LESLIE H
  • Owner Before Previous Owner: BORKOWSKI DOUGLAS P
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: New York City Department Of Education
  • School Tax School District: MANHATTAN
  • Census Tract: 012400

Zoning

  • Zoning: R10A

Geography

  • Account Number: 1-01466-0037
  • District: 08
  • Section: 512
  • Parcel: 01466-0037
  • Block: 1466
  • Lot: 37
  • Latitude: 40.7672
  • Longitude: -73.9553

    Address

  • Full Address: 420 E 72nd St
  • Address - House Number: 420
  • Street Direction: E
  • Address - Street Name: 72nd
  • Address - Suffix Type: St
  • State: NY
  • City Name: New York
  • Carrier Code: C223
  • 4-Digit Zip Code: 4650
  • Zip Code: 10021

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,430,356

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $13,000,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA, N A
  • First Open Lien Mortgage Recording Date: Jul 03, 2019
  • First Open Lien Mortgage Loan Amount: $3,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • First Open Lien Mortgage Loan Due Date: Jul 03, 2049
  • Second Open Lien Mortgage Lender: VALLEY NATIONAL BANK
  • Second Open Lien Mortgage Recording Date: Jul 14, 2022
  • Second Open Lien Mortgage Loan Amount: $10,000,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • Second Open Lien Mortgage Loan Due Date: Jul 14, 2052

    Market Valuation

  • Market Total Value: $67,424,000
  • Market Land Value: $7,240,000
  • Market Improvement Value: $60,184,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $27,780,300
  • Assessed Land Value: $3,258,000
  • Assessed Improvements Value: $24,522,300

    Exemptions

  • Veteran Exemption: Yes
  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 03, 2019
  • Current Sale Recording Date: May 14, 2019
  • Current Sale Transaction ID: 11816216724
  • Current Sale Price: $1,125,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2019000153110
  • Previous Sale Recording Date: Mar 02, 2017
  • Previous Sale Contract Date: Feb 21, 2017
  • Previous Sale Amount: $1,535,000
  • Previous Sale Document Type: Deed

About Upper Manhattan



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Frequently Asked Questions

What neighborhood is 420e East 72nd Street located in?
The 420e East 72nd Street is a located in the neighborhood of Upper East Side in Upper Manhattan, New York.
What is the average sales price for listings in 420e East 72nd Street?
The average sales price for units in 420e East 72nd Street is $0 currently.

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