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523 East 72nd Street

523 East 72nd Street is a property in Manhattan (BBL 1-1484-16), classified as parking facilities, built in 1986, owned by 1 EAST RIVER LLC. Crezly estimates about $266.5M in outstanding mortgage debt secured against it. The building has about 14,718 square feet across 1 units. It last recorded a sale of $410M on 2022-12-07.

$410MLast recorded sale
$266.5MEst. outstanding debt
14,718Building sqft
1Units

Building facts

Land useParking facilities
Building classG1
Zoning districtR10
Year built1986
Floors2
Total units1
Building area14,718 sqft
Lot area8,262 sqft
Built FAR1.78 of 10.00 max
Assessed value$1.66M

This lot appears to carry roughly 67,914 sqft of unused development rights (the gap between its built and maximum FAR). What is FAR?

Ownership

The recorded owner is 1 EAST RIVER LLC. Crezly estimates about $266.5M in outstanding mortgage debt secured against this property.

Location

This building is in Upper East Side, Manhattan. See the neighborhood's recent sales, median prices and top owners.

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Compiled by Crezly from New York City public records (ACRIS deeds & mortgages, PLUTO tax-lot data). Estimated debt is derived from recorded mortgages and may not reflect paydowns or the most recent transactions. Not legal, financial or investment advice.