NOT LISTED FOR SALE

Estimated Value: $6,200,000 - $8,820,000

3 Beds
3.5 Baths
3,165 Sq Ft
$4,699/mo HOA Fee

Last Sold May 05, 2024

Last sale price $14,652,012 $4,629 Per Sq Ft

Current estimated payment $50,163/month

3 Days on Market

Highlights

  • New Construction
  • 1-minute walk to 57 Street (N,Q,R Line)
  • Home Gym
  • P.S. 111 Adolph S. Ochs Rated A-
  • City View
  • Eat-In Kitchen

About This Home

As of May 2024

Reside over 700' above New York City in this residence at Central Park Tower. This gracious three-bedroom, three-and one-half bathroom home offers over 3,000 square feet of luxury living space. The formal entry foyer and gallery lead to an expansive great room featuring both north and west facing views. The gourmet kitchen features custom cabinetry by Smallbone of Devizes and premium Miele appliances. Soaring ceiling heights of 10'7" and floor-to-ceiling windows spanning the entire residence allow for an abundance of natural light throughout the home. The intelligently designed floor plan includes three large en-suite bedrooms and a separate powder room. The corner primary bedroom suite boasts breathtaking south and west views and features an oversized walk-in closet and windowed five-fixture bathroom. Wake up each morning to the iconic landmarks of the famed New York City skyline and unwind in the evenings to beautiful sunsets over the Hudson River.

Extell Development Company proudly presents Central Park Tower, a monumental vision fully realized. Standing at 1,550 feet above New York City, Central Park Tower is the tallest residential building in the world featuring stunning architecture by Adrian Smith + Gordon Gill and elegant interiors by Rottet Studios. Central Park Tower is proud to be one of the top-selling buildings of all-time in Manhattan. Central Park Tower's superior lifestyle is assured by the building's private Central Park Tower Club, with 50,000 square feet of unprecedented amenities. The pinnacle of the Club is 10Cubed, located on the 100th floor (at an elevation of 1,000 feet, hence its name), offering private Michelin-star dining and one of the world's highest ballrooms. Boasting astonishing views, with cuisine, decor, and service all meticulously curated by celebrity event planner Colin Cowie, 10Cubed is an unparalleled dining and entertaining experience at an intimate or a grand scale. The Club features an expansive, outdoor landscaped Terrace, a 60-foot saltwater pool, and an outdoor movie theater with bar and grill. Indoor recreation amenities include a sunlit saltwater lap pool and hot tub, a double-height windowed sports court, and a high-tech fitness center. Restorative treatments are offered at The Club's spa, with both steam and sauna. The Club features a private screening room, a business center, and The Living Room residents lounge with soaring ceilings, billiards, and comfortable areas for relaxing and hosting. Central Park Tower is a new landmark, with unforgettable views, incomparable amenities, and a lifestyle that is above all else. Closings have commenced, immediate occupancy is available. The complete terms are in an offering plan available from the Sponsor. File No: CD16-0240. Equal Housing Opportunity.

Last Agent to Sell the Property

Central Park Tower Sales Office

Extell Marketing Group LLC Listed on: 02/21/2024

Co-Listed By

Gabriele Tonini

Extell Marketing Group LLC License #10401285503

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $90,324

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 1.28

HOA Fees

  • $4,699 Monthly HOA Fees

Parking

  • Garage

Interior Spaces

  • 3,165 Sq Ft Home
  • Entrance Foyer
  • Storage
  • Home Gym

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Additional Features

  • West Facing Home
  • Central Air

Community Details

  • 179 Units
  • High-Rise Condominium
  • Central Park Tower Condos
  • Midtown Central Subdivision
  • 131-Story Property

Listing and Financial Details

  • Legal Lot and Block 7502 / 01029

Property Details

Home Type

Condominium

Est. Annual Taxes

$90,324

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$4,699 per month

Listing Details

  • Exposures: North,South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Midtown Central
  • Structure Type: High Rise
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 131

Interior Features

  • Interior Features: Entrance Foyer, Eat-in Kitchen, Elevator, Kitchen Window, Storage
  • Appliances: Dryer, Washer/Dryer Stacked, Dishwasher, Washer
  • Fireplace: No
  • Living Area: 3165.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5
  • Dining Room Type: Gym

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathrooms Integer: 4
  • Bedrooms: 3

Exterior Features

  • View: City, Park/Greenbelt, Water
  • View: Yes
  • Direction Faces: West
  • Other Structures: Garage(s)

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 4699.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 55861.0
  • Lot Size Dimensions: 150.0 x 200.84

Building Info

  • New Construction: Yes
  • Building Name: Central Park Tower
  • Units: 179
  • Total Stories: 131
  • Year Built: 2020

Rental Info

  • Furnished: Unfurnished
  • Owner Pays: None

Tax Info

  • Tax Block: 01029
  • Tax Lot: 7502
  • Tax Annual: 90324.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2024
Closed on
May 2, 2024
Sold by
Smitell Llc
Bought by
Rhea Property Holdings Llc
Seller's Agent
Central Park Tower Sales Office
Extell Marketing Group LLC
List Price
$19,500,000
Sold Price
$14,652,012
Premium/Discount to List
-$4,847,988
-24.86%
Views
5
Current Estimated Value
$6,987,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,664,559
Avg. Annual Appreciation
-43.92%
Original Mortgage
$9,793,697
Outstanding Balance
$9,674,003
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$2,805,864
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rhea Property Holdings Llc $14,652,012 --
Rhea Property Holdings Llc $14,652,012 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rhea Property Holdings Llc $9,793,697
Closed Rhea Property Holdings Llc $9,793,697
Previous Owner Smitell Llc $5,000,000
Previous Owner Smitell Retail Llc $2,000,000
Previous Owner Smitell Llc $18,000,000
Previous Owner Jpmorgan Chase Bank National Associatio $0
Previous Owner Jpmorgan Chase Bank National Associatio $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2025 02/13/25 Price Changed $14,652,013 0.0% $4,629 / Sq Ft
05/05/2024 05/05/24 Sold $14,652,012 0.0% $4,629 / Sq Ft
05/02/2024 05/02/24 Sold $14,652,013 -24.9% $4,629 / Sq Ft
02/27/2024 02/27/24 For Sale $19,500,000 0.0% $6,161 / Sq Ft
02/26/2024 02/26/24 Pending -- -- --
02/24/2024 02/24/24 Pending -- -- --
02/21/2024 02/21/24 For Sale $19,500,000 -- $6,161 / 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 $88,688 $731,426 $56,134 $675,292
2024 $88,688 $709,393 $56,134 $653,259
2023 $90,325 $736,325 $56,134 $680,191
2022 $77,273 $654,602 $56,134 $598,468
2021 $58,983 $514,919 $56,134 $458,785
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10976423

Real Estate Board of New York (REBNY)

APN: 1029-1214