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40 West 72nd Street, New York, NY 10023 Property Information

40 West 72nd Street, New York, NY 10023 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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40 West 72nd Street, New York, NY 10023 2
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Address

Primary address 40 West 72nd Street
Neighborhood Lincoln Square
Zip code 10023
Borough Manhattan
Block & lot 01124-1001

Sales & Tax Overview for 40 West 72nd Street, New York

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 04/10/2006
Purchase price $28,378
Tax class
Estimated property tax $182,542

Lot & Building Information for 40 West 72nd Street, New York

Lot sq. ft. 10,217
Property type Office Space (RB)
Building sqft 13,244
Buildings on lot 1
Year built 1926
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Zoning & Use for 40 West 72nd Street, New York

Commercial units 1

Area Overview

Walk Score
Transit Score
Bike Score


School district 3
Community district 7

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Unit Overview

Unit
Square feet 13,244
Condo complex 100181

Other Property Data for 40 West 72nd Street, New York

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Floor area ratio (FAR) for 40 West 72nd Street, New York, NY 10023, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 40 West 72nd Street, New York, NY 10023, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 40 West 72nd Street, New York

How many square feet does 40 West 72nd Street, New York, NY 10023 have?

This Office Space (RB) located at 40 West 72nd Street, New York, NY 10023 has a total of 13,244 square feet.

What is the year built & the current market value of 40 West 72nd Street, New York, NY 10023?

40 West 72nd Street, New York, NY 10023 was built in 1926 and has a current tax assessor's market value of $4,250,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 40 West 72nd Street, New York

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Property owner name for 40 West 72nd Street, New York, NY 10023
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Building contacts for 40 West 72nd Street, New York, NY 10023
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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In this guide, we’ll walk you step by step through how to build property owner lists inside the PropertyShark platform, how to customize them for your goals and how to avoid common mistakes.
Laura Pop-Badiu, Sep 10, 2025 How to Find Comps for Commercial Real Estate: A Step-by-Step GuideĀ 
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Past Sales & Property History for 40 West 72nd Street, New York

Create a free account to view the complete sales history for 40 West 72nd Street, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
04/10/2006 $28,378

Title Documents for 40 West 72nd Street, New York

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
12/31/2015 - R UCC3 Termination
(2015122800871001)
07/01/2015 - R Initial UCC1
(2015070101329001)
01/31/2011 - D
02/25/2011 - R
UCC3 Termination
(2011021600255001)
10/14/2008 - R UCC3 Termination
(2008100700360001)
01/01/2008 - D
03/03/2008 - R
Deed
(2008022200622001)
09/29/2006 - D
10/18/2006 - R
UCC3 Termination
(2006092900708001)
04/10/2006 - D
05/17/2006 - R
Both RPTT and RETT
(2006050801913001)
03/28/2005 - D
04/07/2005 - R
UCC3 Assignment
(2005032800121003)
02/09/2005 - D
03/21/2005 - R
Both RPTT & RETT
(2005021700574001)
08/24/2004 - R UCC3 Amendment
(2004081901128001)
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R: Recorded date
D: Document date

Property Taxes for 40 West 72nd Street, New York

Access detailed property tax data for 40 West 72nd Street, New York, NY 10023. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $171,042
Estimated property tax: $182,542
Tax assessor's market value: $4,250,000
Assessed value: $1,912,500

Assessment History for 40 West 72nd Street, New York

Here's the assessment & property tax history for 40 West 72nd Street, New York, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate % Base tax Property tax Year over year change
2025/26 $4,250,000 $1,912,500 $1,576,710 10.848% $171,042 $171,042 +0.77%
2024/25 $4,013,000 $1,805,850 $1,577,160 10.762% $169,734 $169,734 +12.55%
2023/24 $3,164,000 $1,423,800 $1,423,800 10.592% $150,809 $150,809 +7.37%
2022/23 $2,932,000 $1,319,400 $1,319,400 10.646% $140,463 $140,463 -8.16%
2021/22 $3,160,000 $1,422,000 $1,422,000 10.755% $152,936 $152,936 -13.94%

Permits for 40 West 72nd Street, New York

The complete history of permits filed for 40 West 72nd Street, New York, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

No recorded permits for this property.

Manhattan Commercial Market Stats

Access a detailed real estate market overview of Manhattan so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Manhattan and compare it to other boroughs in New York City.

Median Price/Sqft Q1/2026
$797
19.7% YoY
Median Price/Sqft Q4/2025
$606
-17.5% YoY
Median Price/Sqft 2025
$656
-5.9% YoY

Check out recently sold homes in Manhattan and see how their prices compare.

Transportation

Distance to Subway
Closest station Central Park West & 72nd St at SW Corner
Station lines B-C
Distance (miles) 0.096
View subway map
Bus Routes
Name Columbus Av/W 72 St
Line M11
Distance (miles) 0.067

Neighbors for 40 West 72nd Street, New York

Here are the neighbors for 40 West 72nd Street, New York, NY 10023.

Address Square feet Purchase date Purchase price
52 W 74th St, New York 10,934 06/03/1981
656 6th Ave, New York 22,000 03/25/2003
235 W 70th St, New York 44,975 02/08/1989
221 W 20th St, New York 8,020 02/07/1983
509 E 12th St, New York 8,458 10/13/1998
332 E 54th St, New York 7,550 03/07/1984
435 Convent Ave, New York 44,268
233 E 86th St, New York 57,745 10/19/1983
439 E 51st St, New York 73,095
980 Madison Ave, New York 118,635 06/05/2024 $560,000,000
240 E 26th St, New York 5,200 08/27/1984
880 5th Ave, New York 322,346
163 E 81st St, New York 59,149
1390 Lexington Ave, New York 4,180 03/25/2019
222 E 82nd St, New York 44,310 02/18/2004
520 W 43rd St, New York 319,967 08/01/2018 $193,000,000
210 W 103rd St, New York 37,572 02/10/1988
527 W 143rd St, New York 29,520 02/14/1983
315 W 119th St, New York 5,020 02/13/1987
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