NOT LISTED FOR SALE

The Olcott 27 W 72nd St Unit PHC New York, NY 10023

Upper West Side Neighborhood

Estimated Value: $2,959,000 - $4,225,000

2 Beds
2.5 Baths
1,741 Sq Ft
$3,297/mo HOA Fee

Last Sold May 23, 2023

Last sale price $4,250,000 $2,441 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $28,646/month

31 Days on Market

Highlights

  • Pre War Building
  • 3-minute walk to 72 Street (A,B,C Line)
  • 5-minute walk to Verdi Square
  • P.S. 87 William Sherman Rated A

About This Home

As of May 2023

Chic Upper West Side penthouse with 2 bedrooms, 2.5 baths, and massive outdoor space!

Atop the luxurious prewar Olcott condominium, a half block from Central Park, rests this beautiful 1,741 sq ft home with an extraordinary 1,200+/- sq ft terrace, bathed in sunlight with a view of the park. Off the elegant entry gallery with a walk-in closet are steps to an outdoor oasis that is unparalleled in NYC. Host barbecues with a built-in gas grilling station, and enjoy the open city vistas that capture Central Park on your huge terrace featuring lush plantings and irrigation.

Inside enjoy an entertainer's dream space - a sun-filled corner great room with oversized windows overlooking the terrace and cityscapes. Oak wood floors, a decorative fireplace and built-ins enrich the ambience. The open kitchen in sparkling white is tailored to the chef with custom cabinetry, Caesarstone quartz countertops, a large prep/breakfast bar, and premium Miele appliances. Nearby is a guest powder room and hidden laundry room with a Whirlpool washer/dryer and storage.

The sleeping wing has 2 king-size bedrooms facing east. The primary suite has an enormous walk-in closet and spa bath wrapped in high-end tile and marble. A secondary bedroom with a custom-outfitted closet accesses a high-end full bath across the hall. Oak wood floors, designer lighting, integrated audio, and a private storage cage heighten the allure.

The 1925-built Olcott, a NYC landmark, was impeccably restored by renowned Andres Escobar and converted to a full-service condo in 2006. Elevating the lifestyle is an elegant lobby, 24-hour doorman & concierge, live-in super, double-height fitness center, lounge with dining room & catering kitchen, children's playroom, cold storage & bike room. Best of all is the address, on a tree-lined street moments from Central Park, near upscale shops & restaurants, museums, and the 1, 2, 3, B & C subway lines. Pets ok.

Last Listed By

Patty LaRocco

Compass License #30LA0998707 Listed on: 03/23/2023

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $39,816

Year Built

  • Built in 1925

HOA Fees

  • $3,297 Monthly HOA Fees

Home Design

  • 1,741 Sq Ft Home
  • Pre War Building

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Washer Dryer Allowed

Community Details

  • 162 Units
  • Olcott, The Condos
  • Upper West Side Subdivision
  • 17-Story Property

Listing and Financial Details

  • Tax Block 01125

Property Details

Home Type

Condominium

Est. Annual Taxes

$39,816

Year Built

Built in 1925

Lot Details

0

HOA Fees

$3,297 per month

Listing Details

  • Cross Street: CENTRAL PARK WEST and COLUMBUS AVENUE
  • Exposures: East,North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Upper West Side
  • Architectural Style: Prewar
  • Entry Level: 16
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 17

Interior Features

  • Appliances: Washer Dryer Allowed
  • Living Area: 1741.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Integer: 3
  • Bedrooms: 2

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 3297.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: OLCOTT, THE
  • Units: 162
  • Total Stories: 17
  • Year Built: 1925

Tax Info

  • Tax Block: 01125
  • Tax Annual: 39816.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2023
Closed on
May 23, 2023
Sold by
Bloomberg Susan
Bought by
David L Berger Trustee and The David L Berger Living Trust Utd 12/
Seller's Agent
Patty LaRocco
Compass
List Price
$4,500,000
Sold Price
$4,250,000
Premium/Discount to List
-$250,000
-5.56%
Total Days on Market
31
Views
193
Current Estimated Value
$3,761,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$488,469
Avg. Annual Appreciation
-5.78%

Purchase Details

Closed on
Dec 31, 2015
Sold by
Nora Pines Trustee and Tatiana Backman Trustee
Bought by
Bloomberg Susan

Purchase Details

Closed on
Jan 16, 2009
Sold by
Gluck Lawrence and % Stellar Management Ltd
Bought by
Nora Pines and Nora Tatiana Blackman

Purchase Details

Closed on
Nov 26, 2007
Sold by
Bcre West 72 Llc and Stellar 85 Llc
Bought by
Gluck Laurence
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
David L Berger Trustee $4,250,000 --
Bloomberg Susan $4,950,000 --
Nora Pines $4,192,000 --
Gluck Laurence -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2023 05/23/23 Sold $4,250,000 -5.6% $2,441 / Sq Ft
04/25/2023 04/25/23 Pending -- -- --
03/24/2023 03/24/23 For Sale $4,500,000 -- $2,585 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

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
2024 $52,006 $415,980 $41,562 $374,418
2023 $41,981 $414,819 $41,562 $373,257
2022 $39,620 $393,536 $41,562 $351,974
2021 $47,831 $389,917 $41,562 $348,355
2020 $40,119 $431,868 $41,562 $390,306
2019 $38,452 $422,157 $41,562 $380,595
2018 $44,574 $405,977 $41,562 $364,415
2017 $43,472 $411,954 $41,561 $370,393
2016 $42,271 $378,270 $41,562 $336,708
2015 $15,528 $333,035 $41,562 $291,473
2014 $15,528 $311,805 $41,561 $270,244
Source: Public Records

Agents Affiliated with this Home

  • Patty LaRocco

    Seller's Agent in 2023

    Patty LaRocco

    Compass

    (917) 696-0699

    2 in this area

    129 Total Sales

    Patty LaRocco
    Section Image
See All Agents

About The Olcott

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10849444

Real Estate Board of New York (REBNY)

APN: 1125-1367

New York New York County New York 10023 Upper West Side

27 W 72nd St Unit PHC, New York, NY

This home is located at 27 W 72nd St Unit PHC, New York, NY 10023 since 23 March 2023 and is currently estimated at $3,761,531, approximately $2,160 per square foot. This property was built in 1925. 27 W 72nd St Unit PHC is a home located in New York County with nearby schools including P.S. 87 William Sherman, School Of The Blessed Sacrament School, and Parkside School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Real Estate Board of New York (REBNY) 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.

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