The Real Deal New York

New Condos: Upper East Side
515 East 72

July 10, 2014 12:19PM

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515 EAST 72 3

Modeled after the Miraval spa in the Arizona desert, 515 East 72nd Street is a 41-story condo residence with many amenities for active residents — including a swimming pool, a basketball court, yoga facilities and a rock-climbing wall. The 329-unit building also boasts the largest on-premises private park in New York City, with 20,000 square feet of greenery two stories above street level. But things haven’t exactly gone smoothly since the River Terrace Apartments-developed project first hit the market in early 2010: Early on, some buyers ended up selling off their apartments at steep losses. But sales have picked up as of late. Of the 329 units, 15 were available at press time, with prices ranging from $835,000 to $7.8 million. Acheson Doyle Partners is the architect of the record. Contact www.515e72.com or 888-443-5296. 

NAME515 East 72PRICE RANGEFrom $835,000 to $7,800,000
ADDRESS515 East 72nd StreetSIZE RANGEFrom 826 Sq Ft to 3,537 Sq Ft
TYPEConversionAVG PPSF$1.632
TOTAL UNITS329TAX ABATEMENTNo
DEVELOPERRiver Terrace ApartmentsAVG COMMON CHARGE$1.07/sf
BROKERCorcoran SunshineFINISHED BYComplete
Source: Streeteasy, BuzzBuzzHome, TRD, news reports. Data as of early July. List primarily includes Manhattan condo projects that have started sales since Jan. 1, 2010 that have units on market. Projects that started sales since Jan. 1, 2010 that subsequently sold out, have all units in contract or don’t currently have any listings on the market were excluded in most cases. “Price range,” “Size range,” “Avg PPSF (Price Per Square Foot)” and “Common Charge” refer to units currently for sale.
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