132 West 73rd Street, New York, NY 10023
Coldwell Banker Warburg is pleased to present the exclusive offering of 132 West 73rd Street, a historic 4-story + basement brownstone located in the heart of Manhattan’s Upper West Side, just moments from Central Park. Built in 1884 by renowned architect James Edward Ware, this 5,580-square-foot property sits on a 1,635-square-foot lot between Columbus and Amsterdam Avenues in a landmarked row of Neo-Grec residences.
Currently configured as a legal 8-unit walk-up with a finished English basement and cellar, the property can be delivered vacant. It offers a rare opportunity for investors to reposition or convert the building. It is also ideally suited for conversion to a luxury single-family mansion, capitalizing on its historic charm, flexible interior layouts, and favorable zoning and tax advantages under Tax Class 2B.
The building underwent $100,000 in capital improvements between 2019 and 2022, including a new roof, skylight, repointed façade, restored cornice, and window restorations. The residence also features oak strip flooring, a grand original staircase, 10-foot ceilings, and a fully operational wet sprinkler system.
As currently configured, 132 West 73rd offers a versatile unit mix of studio and one-bedroom apartments, as well as a spacious garden-level 2BR and a floor through 2bedroom on the top floor. Zoned R8B and Tax Class 2B, the building benefits from lower taxes if converted to single-family use, enhancing its value proposition for owner-users.
With a projected pro forma NOI of $282,094, investors may choose to re-lease units at market rents, adding upside to a fully renovated asset, or pursue conversion to condominium ownership or a high-end townhouse conversion, restoring its original grandeur. Its central location near Central Park, Lincoln Center, and multiple subway lines (1/2/3/B/C) ensures lasting appeal to both renters and buyers.
Situated within the Upper West Side / Central Park West Historic District, the property’s architectural pedigree and historic context are matched by its proximity to cultural and recreational amenities. With vacant delivery, rich architectural detail, and flexible redevelopment paths, 132 West 73rd Street offers a compelling value-add opportunity in one of Manhattan’s most coveted neighborhoods.
The Upper West Side (UWS) of Manhattan is a vibrant, residential neighborhood nestled between Central Park and the Hudson River, stretching from 59th to 110th Street. Known for its tree-lined streets, historic brownstones, and cultural landmarks, the UWS offers a charming blend of old New York elegance and modern convenience.
Located between Central Park and Riverside Park, the West 70s and 80s of the Upper West Side offer an unparalleled mix of residential charm and urban convenience. This section of the neighborhood is especially appealing to families and investors alike, with a wealth of top-rated schools, playgrounds, grocery stores, and destination restaurants—all within a few blocks of each other. It’s home to iconic institutions like the American Museum of Natural History and Lincoln Center for the Performing Arts
Schools
• P.S. 199 Jesse Isidor Straus | 270 W 70th St
• The Anderson School (Gifted & Talented) | 100 W 77th St
• Private Schools Nearby | Collegiate, Trinity, Trevor Day, and Calhoun
Parks and Playgrounds
• Central Park - 2 blocks away | Riverside Park - 3 blocks away
• Tarr-Coyne Tots Playground - Central Park near W 68th St | Fully accessible and perfect for toddlers, featuring sandboxes, water play, and shaded benches.
• Classic playground 74th and Riverside-Historic, “old-school” charm | You’ll find classic seesaws, swings, slides, and simple climbing structures that evoke mid-20th-century playground design.
• Tecumseh Playground - W 77th St & Amsterdam Ave | Large and well-equipped, with sprinklers, swings, and climbing areas.
• Diana Ross Playground - Central Park near W 81st St | Historic and beloved, with large wooden structures and a water feature.
Grocery Stores/Supermarkets
• Trader Joe’s | 2073 Broadway (at W 72nd St)
• Fairway Market | 2127 Broadway (between W 74th & 75th St)
• Zabar’s | 2245 Broadway (at W 80th St)
• Citarella | 2135 Broadway (at West 75th and Broadway)
Restaurants & Cafés
• Red Farm – 2170 Broadway | Highly acclaimed modern Chinese restaurant, known for inventive dim sum.
• Café Luxembourg – 200 W 70th St | Elegant brasserie offering classic French-American fare and brunch favorites.
• Leyla – 108 W 74th St | A Mediterranean gem serving Turkish-inspired small plates and cocktails.
• Jing Fong – 380 Amsterdam Ave | Neighborhood favorite for dim sum and Cantonese dishes, with indoor and outdoor seating.
• Salumeria Rosi – 283 Amsterdam Ave | Stylish Italian salumeria (Italian Deli) with a curated menu of cured meats, cheeses, and wine.
Transportation
• Subway lines 1/2/3 at 72nd St & Broadway
• B/C lines at 72nd St & Central Park West
• Multiple crosstown bus options and easy access to the West Side Highway
Cultural Institutions
• American Museum of Natural History | (200 Central Park West, at 79th St
• The New-York Historical Society | 170 Central Park West, between 76th–77th St
• American Folk Art Museum | 2 Lincoln Square, at 66th & Columbus Ave
• Lincoln Center for the Performing Arts - 10 Lincoln Center Plaza, near 65–66th St | A major performing-arts complex hosting the New York Philharmonic, Met Opera, New York City Ballet, & Juilliard.
10
beds
5,580 Sq.Ft. LIVING AREA
1,635 Sq.Ft. lot
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With us representing you and your property in the purchase or sale of real estate, you will not only work with one of the city’s highly-trained and hardest working agents, but you will also have the benefit of Coldwell Banker Warburg’s leadership strategies every step of the way.