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29 E 72nd St Frnt 2, New York, NY, 10021

4beds
3baths
4,500sqft
$10,000,000
$2,222price/sqft
$58,642/moest. monthly cost
$2,345,680/yrincome needed

About This Home

A rare offering on Madison Avenue, this grand Upper East Side co-op presents a unique opportunity to own a sprawling, full-floor space currently configured as a prestigious art gallery. The layout is both expansive and flexible, allowing for conversion to a private residence, live-work loft, family office, or continued use as a cultural institution. Designed in 1917 by Rouse & Goldstone, the building is a distinguished example of prewar architecture. This second-floor residence enjoys multiple exposures and soaring proportions throughout. Situated just one block from Central Park and surrounded by world-class boutiques, galleries, and museums, the location offers immediate access to the finest of Manhattan’s cultural and commercial offerings. This is a rare opportunity to acquire a legacy property in one of the most desirable locations on the Upper East Side.

Getting Around

96
WalkingWalker's Paradise
100
TransitRider's Paradise
79
BikeVery Bikeable

Schools

8/10
Ps 6 Lillie D BlakeGrades PK-50.5 mi
8/10
Jhs 167 Robert F WagnerGrades 6-80.4 mi
1/10
Vanguard High SchoolGrades 9-120.5 mi

Construction

Condition

  • Year built: 1917

Type & Style

  • Home type: Cooperative
  • Property subType: Coop

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Interior Area

  • Total structure area: 4,500
  • Total interior livable area: 4,500 sqft

Property

Details

  • Special condition: Resale

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Earthquake
    EarthquakeModerate
  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Earthquake
Hurricane
Heat Wave
Inland Flooding
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters in New York County and New York

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $50,565$606,780
Home Insurance *$1,418$17,016
Property Taxes $5,916$70,992
Electricity $743$8,924
Total$58,642$703,704
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$2,010,582/yr
40% on housing$1,759,260/yr
45% on housing$1,563,786/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 2.0%
2.0%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$2,222This listing

vs Other Active Listings

Avg $/sqft

ZIP 10021$3,139
New York County$1,488

vs Homes Sold Last Month

Median $/sqft

ZIP 10021$1,696
New York County$1,203

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-03-23Price change$10,000,000
2026-03-03Price change$15,000,000
2025-09-25Listed for sale$10,000,000
2018-11-28Listing removed$15,500,000
2018-06-05Listed for sale$15,500,000

For Sale by Agent

AgentNile Lundgren
BrokerageSERHANT.

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