236 W 72nd St, New York, NY 10023

Prime Upper West Side Commercial Opportunity with Residential Conversion Potential

236 W 72nd Street, New York, NY 10023

Presenting a rare opportunity to own a 15,000 sq ft, five-story mixed-use building in the heart of the Upper West Side. Located on bustling West 72nd Street, this property offers incredible flexibility for both investors and owner-users, including high ceilings, expansive windows that flood the space with natural light, and potential for residential conversion.

Key Features:

• 25 ft of street frontage on a high-traffic block.

• Historic district location, benefiting from both residential and commercial appeal.

• Zoning C4-6A allows for multiple uses, including retail, office, or residential conversion, making it ideal for developers looking to maximize FAR potential (10.0 FAR for residential use).

• Charming architectural details, including soaring ceilings and large, bright windows, which create a spacious and inviting atmosphere.

Situated just steps away from major cultural landmarks like Central Park and Riverside Park, this building offers unmatched access to all the conveniences of Manhattan living. Whether you’re looking to develop luxury residences or retain the current commercial usage, this property provides incredible versatility and value .

- Add value opportunities to renovate
- Full building with option for current tenant to leaseback
- INCREDIBLE area for development
- Additional air rights available for purchase

KEY WORD SEARCHES : skylight, natural light, high exposed ceilings, exposed brick, polished concrete floors, storage area, tenant controlled central AC, HVAC after hours, meatpacking, creative, restaurant, cafe, venting, photography, architect, design, fashion, showroom, tech, technology, media, finance, financial, venture capital, private equity, trophy, high end, beautiful, amazing, spectacular, Alibaba, Apple, Audemars Piguet, Asics, Bally, Belstaff, Brunelli Cucinelli, Catch, Chelsea Market, Diane von Furstenberg, Fjallraven, Frame, Gansevoort Hotel, Giorgio Armani, Google, Gucci, High LIne, Hermes, Intermix, Kiehl's, Palantir, The Kooples, Live Nation, Loro Piana, lululemon Athletica, Marni, Patagonia, Rag & Bone, Restoration Hardware, Rolex, Samsung, Soho House, Standard Hotel, Starbucks Reserve, Tesla, Theory, Vans, Vince, Whitney Museum of American Art