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1 Central Park West, #408

$1,295,000 ($1,275 per ft2) -7.2% | 1 bed, 1.5 baths | Approx. 1,016 ft2
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428 days on Market

Key Details

  • Listed: Mar 7, 2023
    Last Price Change: -7.2% ($100,000) on May 23
    Days on Market: 428
    Building Type: Condominium
    Neighborhood: Central Park West (Manhattan)
    Doorman: FT Doorman
    Listing viewed 1,142 times
Monthly Common Charges: $7,196
Monthly Real Estate Taxes: $2,215
Total Taxes & Fees: $9,411 ($9.26/ft2)
Est. Monthly Mortgage: $7,990
Total Est. Monthly Carrying Cost: $17,401 ($17.13/ft2)
Note: the above is based on a down payment of 10% ($129,500), which is the minimum amount permitted by the building.

Description

Direct Central Park Views!

The Perfect Pied-a-terre! Hotel / Condo Suite #408 is a highly desirable, spacious, corner 1-bed, 1.5-bath apartment with spectacular southeastern views of New York’s iconic Central Park and Columbus Circle.

This fully furnished and recently renovated condominium hotel suite has every modern convenience and is kept in pristine mint-condition through daily housekeeping. The spacious living room boasts 10-foot floor to ceiling windows that are sound resistant and create a peaceful atmosphere, while sets of motorized sheers and black out shades allow for optimal privacy at the touch of a button.

Your comfort is made complete with central heating and air, along with an impressive entertainment setup with a 55" HDTV and iLive sound bar.

Fall asleep to direct views of Central Park right outside your window. The massive bedroom comfortably fits a queen sized bed, additional furniture, and offers plenty of closet space. The spa like primary bathroom is fitted with Italian marble, stone-topped vanities, and comes with a posable magnifying mirror.

The European-Style kitchen is equipped with a top of the line stainless steel appliance package, including a Sub-Zero refrigerator, Miele dishwasher, and more.

The RARELY AVAILABLE ’08 line is highly coveted for its 1,016 sq.ft.

floor plan, which includes an extra powder room, owner’s walk in closet, and breathtaking views.

As an owner you can utilize your unit for up to 179 days a year. This condominium hotel suite is managed and operated as a hotel suite by the 5-Star Hotel Staff, so your world class property manager is built into the monthly carrying costs of ownership. When you are not staying in your Pied-a-terre, it generates income.

This is an excellent and unique opportunity to own a piece of Manhattan real estate and make a return on your investment. There is currently a monthly assessment for $522.75. Note that the building has a transfer/flip tax, which is 1% for the seller and 1% for the buyer.

About 1 Central Park West..

It is the only hotel in Manhattan with a Forbes Five-Star and AAA Five-Diamond with a 2 Michelin-Starred restaurant.1 Central Park West is home to Jean George’s Flagship Restaurant, which residents have access to through the lavish lobby or convenient 24-hour room service. Not to mention the hotel’s state of the art spa, 6,000 square foot fitness center, 55’ swimming pool, and business center with private conference rooms. Every world class amenity is available to you or your guests via a seamless elevator ride.

Moments away from Columbus Circle, Lincoln Center, and Fifth Avenue, this premier location gives you the best of what New York City has to offer.

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Listing courtesy of Brown Harris Stevens Residential Sales LLC

Pricing History

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About 1 Central Park West

98

1 Central Park West has received a CityRealty Rating of 98, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

35
Out of 44
+
32
Out of 36
+
21
Out of 39
+
10
=
98
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Very Distinguished 7 out of 8 points
Retail Quality:
High-End 5 out of 5 points
Canopy Entrance:
Dramatic 3 out of 3 points
Alterations:
Well Done 1 out of 2 points
Plaza Or Atrium:
Very Attractive 3 out of 3 points
Contextual Design:
No, but Very Good 3 out of 3 points
Skyline:
Highly Visible 2 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Not Allowed 2 out of 2 points
Free Standing:
Free Standing 2 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
Exists 1 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Outstanding 5 out of 5 points
Distance To Neighborhood Center:
Less than 20 blocks 4 out of 5 points
Views:
Dazzling 4 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
A lot 0 out of 3 points
Protected Views:
Many 2 out of 2 points
Distance To Subway:
Less than 3 Short Blocks 2 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
Less than 3 Short Blocks 2 out of 2 points
Distance To Park:
Less Than 3 Short Blocks 2 out of 2 points
Distance To Water:
Less than 3 Short Blocks 2 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Stunning 5 out of 5 points
Units Per Floor:
5-9 2 out of 5 points
Ceiling:
8-9 Feet 1 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
Yes, with Swimming Pool 2 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Considerable 2 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
Yes 1 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
Some 1 out of 1 points
Garage:
Yes 1 out of 1 points
Mixed Use:
Yes 1 out of 1 points
Non Rectilinear Form:
Yes 1 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
No 0 out of 1 points
Other Amenities:
Many 2 out of 2 points

Building Amenities

  • Conversion Year: 1996
  • Attended Lobby
  • Concierge
  • FT Doorman
  • High-Rise
  • Post War
  • Resident Storage
  • Central AC
  • Full Service Garage
  • Health Club
  • Pool
  • Rooftop Terrace
  • Washer/Dryer in building
  • Elevator
  • Business Center
  • Lounge
  • Fitness Center
  • Rooftop Terrace
  • On-Site Parking
  • Outdoor Entertainment Space
  • Laundry Room
  • In-Unit Washer/Dryer
  • Valet Services
  • Live-In Superintendent
  • Restaurant
  • Spa / Therapy Room
  • Terraces / Balconies

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Pros
  • Catering and maid service
  • Across Broadway from Whole Foods store
  • Central laundry room
  • Roof deck
  • Central air conditioning
  • Magnificent- protected views of Central Park
  • Major restaurant on premises
  • Concierge and doormen
  • Health club- pool- and spa services
  • Valet parking and garage
  • Close to Subway
Cons
  • Heavy traffic at Columbus Circle
  • Tourists
  • Raised entrance
  • No balconies
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Subways

  1. 1
  2. B
  3. D
  4. A
  5. C
at Central Park West and 60th 0.06 miles
  1. N
  2. Q
  3. R
at 7th Ave 0.31 miles
  1. F
at 6th Ave 0.42 miles
  1. E
at Broadway and 53rd 0.43 miles

Aerial Imagery

 

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