Seller's Agent in 2017
Douglas Russell
Brown Harris Stevens Residential Sales LLC
(917) 687-6999
17 in this area
33 Total Sales
One Central Park West 1 Central Park W Unit 516 New York, NY 10023
Lincoln Square NeighborhoodEstimated Value: $1,037,211
1
Bed
1
Bath
709
Sq Ft
$4,497/mo
HOA Fee
Highlights
- Garage
- 1-minute walk to 59 Street-Columbus Circle
- 4-minute walk to Dante Park
- P.S. 452 Rated A
- West Facing Home
About This Home
As of October 2017Owning a hotel suite at 1CPW gives you the luxury of a 5-Star hotel with the convenience of apartment ownership. This 5th floor, 709 square foot (65.86 m2) 1 bedroom unit features an extra-large, updated kitchen and includes a large walk-in shower in the bathroom. The unit has city views facing West onto Broadway. Trump International Hotel has 24 hour room service from Michelin rated Jean Georges Restaurant, a 6,000 square foot (557 m2) fitness center and spa, 55 foot (16.7m) lap pool, valet parking for garage, and business center with private conference rooms. While staying in your unit, you can also enjoy casual New York dining at Nougatine or appreciate the open air at The Terrace, the outdoor bar and restaurant, next to Central Park and in Columbus Circle.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, so, when you are not there it generates income. This is an exceptional way to take advantage of all that New York has to offer with a pied-a-terre that helps pay for itself.
Last Agent to Sell the Property
Brown Harris Stevens Residential Sales LLC License #30RU0905326 Listed on: 06/14/2017
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $11,424
Year Built
- Built in 1996
Lot Details
- West Facing Home
HOA Fees
- $4,497 Monthly HOA Fees
Parking
- Garage
Home Design
- 709 Sq Ft Home
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Bathroom
Community Details
- One Central Park We Condos
- Upper West Side Subdivision
- 44-Story Property
Listing and Financial Details
- Tax Block 01113
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 14, 2017
Closed on
Oct 18, 2017
Sold by
Sokol Alan and Sokol Patricia
Bought by
Natarajan Shiva K
Seller's Agent
Douglas Russell
Brown Harris Stevens Residential Sales LLC
List Price
$1,175,000
Sold Price
$1,000,000
Premium/Discount to List
-$175,000
-14.89%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,211
Avg. Annual Appreciation
0.46%
Purchase Details
Closed on
Jan 21, 2005
Sold by
Reiss Charles and Reiss Marcia
Bought by
Sokol Alan and Sokol Patricia
Purchase Details
Closed on
Oct 1, 1999
Sold by
Taieb Walter and Taieb Xiaolan
Bought by
Reiss Marcia and Reiss Charles
Purchase Details
Closed on
Feb 23, 1999
Sold by
Norest Associates Llc
Bought by
Taieb Walter and Taieb Xiaolan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
8.1%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jan 9, 1997
Sold by
One Central Park West Pt Associates Ltd
Bought by
Norest Associates Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Natarajan Shiva K | $1,000,000 | -- | |
| Sokol Alan | $560,000 | -- | |
| Reiss Marcia | $475,000 | Commonwealth Land Title | |
| Taieb Walter | $450,000 | Stewart Title Insurance Co | |
| Norest Associates Llc | $327,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Taieb Walter | $210,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/19/2017 10/19/17 | Sold | $1,000,000 | -14.9% | $1,410 / Sq Ft |
| 09/19/2017 09/19/17 | Pending | -- | -- | -- |
| 06/15/2017 06/15/17 | For Sale | $1,175,000 | -- | $1,657 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $12,387 | $120,869 | $20,135 | $100,734 |
| 2024 | $12,387 | $116,943 | $20,135 | $96,808 |
| 2023 | $12,171 | $114,325 | $20,135 | $94,190 |
| 2022 | $12,618 | $118,787 | $20,135 | $98,652 |
| 2021 | $12,549 | $117,347 | $20,135 | $97,212 |
| 2020 | $12,846 | $121,915 | $20,135 | $101,780 |
| 2019 | $13,481 | $128,215 | $20,135 | $108,080 |
| 2018 | $13,896 | $128,880 | $20,135 | $108,745 |
| 2017 | $12,757 | $129,199 | $20,135 | $109,064 |
| 2016 | $11,791 | $128,947 | $20,136 | $108,811 |
| 2015 | $6,099 | $128,420 | $20,136 | $108,284 |
| 2014 | $6,099 | $126,131 | $20,135 | $105,996 |
Source: Public Records
Agents Affiliated with this Home
-
Douglas Russell
About One Central Park West
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10013887
APN: 1113-1328
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