The Olcott 27 W 72nd St Unit 1403 New York, NY 10023
Upper West Side NeighborhoodEstimated payment $15,222/month
Highlights
- Central Air
- 3-minute walk to 72 Street (A,B,C Line)
- No Heating
- P.S. 87 William Sherman Rated A
- Garage
- 5-minute walk to Verdi Square
About This Home
2 Bed | 2 Bath | Southern Exposure
Welcome to Residence 1403 at The Olcott — a beautifully proportioned, south-facing two-bedroom, two-bathroom home just half a block from Central Park, on one of the most coveted blocks of the Upper West Side.
Bathed in sunlight throughout the day, this residence boasts open southern views from both the living room and bedrooms. Prewar character is complemented by contemporary finishes, including high, beamed ceilings, beautiful oak hardwood floors, and updated cooling and heating systems
This exceptional residence features a chef’s kitchen outfitted with custom Italian cabinetry, Caesarstone quartz countertops, a paneled Sub-Zero refrigerator, and a Miele dishwasher. A thoughtfully designed hallway separates the main living areas from the second bedroom, which enjoys bright southern exposure and includes a custom-fitted closet. The hallway also leads to a spacious walk-in closet and a well-appointed second bathroom with a marble vanity, a bathtub, and an in-unit washer/dryer neatly tucked away in a dedicated closet.
The primary bedroom offers a generous layout with a large closet and ample room for additional seating or a large desk. The en-suite bathroom is a luxurious retreat, featuring a marble rain shower, soaking tub, and elegant Waterworks finishes — including handcrafted tile and polished nickel fixtures.
The Olcott is a full-service prewar condominium offering white-glove amenities, including a 24-hour doorman and concierge, a fully equipped fitness center, a children’s playroom, and cold storage. The building's grand lobby has been meticulously restored, with interiors reimagined by acclaimed designer Andres Escobar.
Pets are welcome. There is a current capital assessment of $331.68, expiring on 12/31/2025.
Open House Schedule
-
Appointment Only Open HouseSunday, September 21, 202511:30 am to 12:30 pm9/21/2025 11:30:00 AM +00:009/21/2025 12:30:00 PM +00:00Add to Calendar
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $23,700
Year Built
- Built in 1924
HOA Fees
- $1,656 Monthly HOA Fees
Parking
- Garage
Home Design
- 1,081 Sq Ft Home
- Entry on the 14th floor
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry in unit
Utilities
- Central Air
- No Heating
Listing and Financial Details
- Legal Lot and Block 1340 / 01125
Community Details
Overview
- 158 Units
- Upper West Side Subdivision
- 15-Story Property
Amenities
- Laundry Facilities
Map
About The Olcott
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $23,703 | $190,850 | $18,946 | $171,904 |
2024 | $23,703 | $189,597 | $18,946 | $170,651 |
2023 | $19,134 | $189,068 | $18,946 | $170,122 |
2022 | $18,105 | $179,368 | $18,946 | $160,422 |
2021 | $21,801 | $177,719 | $18,946 | $158,773 |
2020 | $18,479 | $196,839 | $18,946 | $177,893 |
2019 | $17,666 | $192,413 | $18,946 | $173,467 |
2018 | $20,316 | $185,039 | $18,946 | $166,093 |
2017 | $19,814 | $187,763 | $18,945 | $168,818 |
2016 | $19,266 | $172,410 | $18,946 | $153,464 |
2015 | $10,616 | $151,793 | $18,946 | $132,847 |
2014 | $10,616 | $142,115 | $18,946 | $123,169 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
09/06/2025 09/06/25 | Price Changed | $2,195,000 | 0.0% | $2,031 / Sq Ft |
09/06/2025 09/06/25 | For Sale | $2,195,000 | -4.4% | $2,031 / Sq Ft |
08/25/2025 08/25/25 | For Sale | $2,295,000 | 0.0% | $2,123 / Sq Ft |
08/25/2025 08/25/25 | Off Market | $2,295,000 | -- | -- |
08/11/2025 08/11/25 | For Sale | $2,295,000 | 0.0% | $2,123 / Sq Ft |
08/11/2025 08/11/25 | Off Market | $2,295,000 | -- | -- |
07/11/2025 07/11/25 | For Sale | $2,295,000 | 0.0% | $2,123 / Sq Ft |
07/11/2025 07/11/25 | Off Market | $2,295,000 | -- | -- |
06/26/2025 06/26/25 | For Sale | $2,295,000 | 0.0% | $2,123 / Sq Ft |
06/26/2025 06/26/25 | Off Market | $2,295,000 | -- | -- |
06/03/2025 06/03/25 | For Sale | $2,295,000 | -- | $2,123 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Deed | $1,490,000 | -- | |
Deed | $1,490,000 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $989,128 | Stand Alone Refi Refinance Of Original Loan | |
Closed | $1,100,000 | Purchase Money Mortgage |
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS20046591

APN: 1125-1340
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