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1 Central Park West, #502

$2,250,000 ($1,904 per ft2) | 2 beds, 2 baths | Approx. 1,182 ft2
Building Profile  | 
3 days on Market

Key Details

  • Listed: Nov 19, 2024
    Days on Market: 3
    Building Type: Condominium
    Neighborhood: Central Park West (Manhattan)
    Doorman: FT Doorman
Monthly Common Charges: $8,373
Monthly Real Estate Taxes: $3,355
Total Taxes & Fees: $11,728 ($9.92/ft2)
Est. Monthly Mortgage: $13,432
Total Est. Monthly Carrying Cost: $25,160 ($21.29/ft2)
Note: the above is based on a down payment of 10% ($225,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Flexible Rental Income Potential: Unit can be split into a 1-bedroom and studio, generating strong rental income when not in use.
  • Luxury Hotel Amenities: Access to 5-star hotel services, including room service from the Michelin-starred Jean Georges restaurant.
  • Exclusive Health Club and Spa: Enjoy state-of-the-art fitness facilities, a saltwater pool, and spa services within the building.
  • Full-Service Building: Features include a full-time doorman, concierge, valet services, and on-site parking for ultimate convenience.
  • High-End Finishes: Unit boasts hardwood floors, marble baths, and modern kitchens, epitomizing luxury living.
  • Prime Central Park Views: All rooms face Central Park, offering breathtaking views and a serene atmosphere.

Description

Stunning 2 Br Facing Central Park- Pays for itself

Unit 502 is an 1182 sf 2 bedroom At 1 CPW- It is in the 5 Star Trump Hotel. This unit has been split into 2 rental properties that the hotel rents as both a 1 bedroom and separately a studio. All rooms face the Park and the rental history is strong.

An owner can use it as a 2 bedroom, or any way they wish. There are no restrictions on usage by the owners and they can use 365 days a year if they want. The hotel rents for you when not using , and you get the income after expenses.

There is room service from 2 Star Michelin restaurant Jean Georges. The health club has the latest equipment and a salt water pool. Please call or email for an showing or financial information.

Unit 502 is an 1182 sf 2 bedroom At 1 CPW- It is in the 5 Star Trump Hotel.

This unit has been split into 2 rental properties that the hotel rents as both a 1 bedroom and separately a studio. All rooms face the Park and the rental history is strong. An owner can use it as a 2 bedroom, or any way they wish.

There are no restrictions on usage by the owners and they can use 365 days a year if they want. The hotel rents for you when not using , and you get the income after expenses. There is room service from 2 Star Michelin restaurant Jean Georges.

The health club has the latest equipment and a salt water pool. Please call or email for an showing or financial information.

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Apartment Amenities

  • Eastern Exposures
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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