Recent Sale: $7.95M: 156 West 72nd Street (between Columbus and Amsterdam Avenues)

RECENT SALE

$7.95 MILLION

156 West 72nd Street (between Columbus and Amsterdam Avenues)

Manhattan

 

A private local investor has bought this 7,243-square-foot, five-story, mixed-use 1886 brownstone rowhouse designed in the Northern Renaissance Revival and Queen Anne styles by the Thom & Wilson architectural firm. It sits on a 20-by-102-foot lot in the Central Park West Historic District, and offers three free-market apartments — two one-bedrooms and a two-bedroom floor-through. The Celina spa and Le Petit Kids clothing shop are the commercial tenants. The building, which had been in the same hands for over 50 years, sold for 19 times the rent roll, and offers a cap rate of about 3.7 percent.

 

Buyer: 156 W72 Realty L.L.C.

Seller: Sol Rosenblum L.L.C. (Trust)

Broker: Ishan Chhabra, Besen & Associates

 

The Celina spa is one of the tenants at 156 West 72nd Street, a Manhattan property that was sold for $7.95 million.

 

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