NOT LISTED FOR SALE

Estimated Value: $1,622,000 - $2,029,218

2 Beds
2 Baths
1,200 Sq Ft
$1,797/mo HOA Fee

Last Sold December 06, 2022

Last sale price $2,000,000 $1,667 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $14,385/month

Highlights

  • City View
  • 2-minute walk to 57 Street (F Line)
  • Community Garden
  • P.S. 111 Adolph S. Ochs Rated A-
  • Terrace
  • Garage

About This Home

As of December 2022

Prime opportunity to purchase a timeless 2 bed, 2 bath penthouse oasis with an 84 foot wraparound balcony directly across the street from Central Park! Units like this rarely come to market and no design detail was overlooked. Located in a white- glove, well-maintained condo building on Central Park South, this 1200 square foot condo has it all.

Upon entering this thoughtfully designed apartment you are greeted by 9.5 foot ceilings, rosewood flooring and a living room flanked by five large south/east facing windows featuring sprawling city views.The interior has amazing air, light, and scale which is further enhanced by a recessed Lutron lighting system coupled with a Bose surround sound system. Just off the kitchen is a private wraparound terrace that spans the entire perimeter of the apartment, which affords inspiring city views and the possibilities for an abundance of outdoor seating and plantings.

Just off the living room is the loft-style, open kitchen that provides a chef-level experience with thoughtful details that include a stainless steel vented exhaust hood, Gaggenau gas stove, Sub-Zero refrigerator, Miele dishwasher, and a well concealed full stackable washer/dryer. There is an abundance of storage throughout which is complemented by an impressive 8ft white Arabescato marble island.

As you traverse a hallway accented with cashmere wallcovering, you come to the secluded master suite outfitted with recently installed sisal carpeting, linen shades, and three large Poliform custom closets, all overlooking the terrace. The en suite bathroom consists of rich slate stone, double Waterworks sinks surrounded by white Arabescato marble, a 12 foot slate rainfall shower, and a deep Whirlpool soaking tub displaying spa-level finishes throughout. The second bedroom is equally as spacious with a large custom closet and is conveniently located next to the second full bathroom, which boasts a deep whirlpool soaking tub, wall-mounted Duravit toilet and marble throughout.

116 Central Park South is an elegant full-service condominium with a grand lobby atrium that spans the length of an entire city block. Residents enjoy wonderful amenities including a 24-hour doorman and concierge, fitness center, live-in Super, parking garage, laundry, and storage. Nearby is Fifth Avenue, The Plaza Hotel, Time Warner Center, Madison Avenue, Carnegie Hall, MOMA, Lincoln Center, and The Theater District. Park House is located on one of Manhattan's most iconic blocks with Central Park is right outside your door to enjoy during any season of the year.

Last Agent to Sell the Property

Matthew Nesi

Stephen P Wald Real Estate Associates Inc License #10401213215 Listed on: 08/09/2022

Co-Listed By

Michael Weiner

Coldwell Banker Warburg License #10401331587

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $30,204

Year Built

  • Built in 1962

HOA Fees

  • $1,797 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Entry on the 18th floor

Interior Spaces

  • 1,200 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Terrace

Listing and Financial Details

  • Legal Lot and Block 7503 / 1011

Community Details

Overview

  • Central Park South Subdivision
  • 18-Story Property

Amenities

  • Community Garden
  • Courtyard
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$30,204

Year Built

Built in 1962

Lot Details

0

HOA Fees

$1,797 per month

Listing Details

  • Cross Street: Avenue of the Americas/Seventh Avenue
  • Exposures: East,South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Central Park South
  • Entry Level: 18
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 18

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 1200.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 2

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Courtyard, Building Garden
  • Patio/Porch Features: Terrace

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1797.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Total Stories: 18
  • Year Built: 1962

Tax Info

  • Tax Block: 1011
  • Tax Lot: 7503
  • Tax Annual: 30204.0

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2022 12/06/22 Sold $2,000,000 0.0% $1,667 / Sq Ft
08/09/2022 08/09/22 Pending -- -- --
08/09/2022 08/09/22 For Sale $2,000,000 -- $1,667 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

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 $31,615 $250,140 $56,819 $193,321
2024 $31,615 $252,876 $56,819 $196,057
2021 $30,970 $247,514 $56,819 $190,695
2019 $24,294 $267,984 $56,819 $211,165
2018 $28,168 $268,204 $56,819 $211,385
2017 $25,947 $232,164 $56,819 $175,345
2016 $24,586 $217,419 $56,818 $160,601
2015 $13,043 $201,783 $56,819 $144,964
2014 $13,043 $187,799 $56,819 $130,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10835599

Real Estate Board of New York (REBNY)

APN: 1011-5075