NOT LISTED FOR SALE

Central Park Tower 217 W 57th St Unit 70 W New York, NY 10019

Midtown Neighborhood

Estimated Value: $4,462,000 - $8,415,000

3 Beds
3.5 Baths
3,165 Sq Ft
$4,712/mo HOA Fee

Last Sold January 10, 2024

Last sale price $16,336,250 $5,162 Per Sq Ft

Current estimated payment $47,701/month

Highlights

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

About This Home

As of January 2024

Reside over 736' 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 13'6" 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.

Central Park Tower will offer the most elevated residences in New York City. The tower's vast footprint offered the unique opportunity to create the most gracious layouts and exceptional floor plans. The definitive aspect of living in Central Park Tower is the extraordinary views. The building was designed from the inside out to maximize these incomparable panoramas.

Located on Manhattan's Billionaire's Row and steps from Central Park, this new architectural landmark will rise 1,550 feet above New York City, establishing it as the tallest residential building in the world.

Within the tallest residential tower ever built will be the world's most exclusive private club, Central Park Club. The Club will offer approximately 50,000 square feet of thoroughly curated luxury amenities spread across three floors, each location providing a unique experience complemented by five-star service.

The defining feature of Central Park Club is the 100th floor - located over 1,000 feet above Manhattan. Residents will enjoy the highest private ballroom, dining room, wine bar and cigar lounge.

Central Park Tower closings have commenced. Immediate occupancy 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: 10/02/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $90,552

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 1.28

HOA Fees

  • $4,712 Monthly HOA Fees

Parking

  • Garage

Interior Spaces

  • 3,165 Sq Ft Home
  • Entrance Foyer
  • Storage
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Air

Listing and Financial Details

  • Legal Lot and Block 7502 / 01029

Community Details

Overview

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

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$90,552

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$4,712 per month

Listing Details

  • Exposures: North,South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Midtown Central
  • Directions: West
  • Entry Level: 70
  • Structure Type: None
  • 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: Dishwasher
  • Fireplace: No
  • Living Area: 3165.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Common On Floor, Common Area, Laundry Room
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 4712.0
  • 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: 90552.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2023
Closed on
Dec 26, 2023
Sold by
Smitell Llc
Bought by
Cosmic Horizons Llc
Seller's Agent
Central Park Tower Sales Office
Extell Marketing Group LLC
List Price
$19,925,000
Sold Price
$16,336,250
Premium/Discount to List
-$3,588,750
-18.01%
Current Estimated Value
$6,386,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,949,325
Avg. Annual Appreciation
-46.98%
Original Mortgage
$2,000,000
Outstanding Balance
$1,975,769
Interest Rate
7.29%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$4,411,156
Source: Public Records

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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
Cosmic Horizons Llc $16,336,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cosmic Horizons Llc $2,000,000
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
01/10/2024 01/10/24 Sold $16,336,250 0.0% $5,162 / Sq Ft
12/26/2023 12/26/23 Sold $16,336,250 -18.0% $5,162 / Sq Ft
10/02/2023 10/02/23 Pending -- -- --
10/02/2023 10/02/23 Pending -- -- --
10/02/2023 10/02/23 For Sale $19,925,000 0.0% $6,295 / Sq Ft
10/02/2023 10/02/23 For Sale $19,925,000 -- $6,295 / 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
2024 $88,917 $711,222 $56,279 $654,943
2023 $90,558 $738,223 $56,279 $681,944
2022 $77,472 $656,290 $56,279 $600,011
2021 $59,135 $516,247 $56,279 $459,968
Source: Public Records

Agents Affiliated with this Home

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About Central Park Tower

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10958548

Real Estate Board of New York (REBNY)

APN: 1029-1217

New York New York County New York 10019 Midtown

217 W 57th St Unit 70 W, New York, NY

This home is located at 217 W 57th St Unit 70 W, New York, NY 10019 since 02 October 2023 and is currently estimated at $6,386,925, approximately $2,017 per square foot. This property was built in 2020. 217 W 57th St Unit 70 W is a home located in New York County with nearby schools including P.S. 111 Adolph S. Ochs, Clinton School, and Middle School 297.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

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