NOT LISTED FOR SALE

Estimated Value: $3,679,000 - $9,122,554

4 Beds
4.5 Baths
4,295 Sq Ft
$6,584/mo HOA Fee

Last Sold November 21, 2023

Last sale price $25,012,625 $5,824 Per Sq Ft

Current estimated payment $54,597/month

Highlights

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

About This Home

As of November 2023

Tower three-bedroom with triple prime exposures at Central Park Tower.

This north, east, and south-facing, three-bedroom, three and one-half bathroom residence boasts Central Park views from the Living/Dining Room. The formal entry foyer and gallery are fitting for this classic layout featuring ceiling heights of approximately 11-7. Floor-to-ceiling glass spans the perimeter of the entire residence, filling this home with light. The layout is perfect for entertaining and provides privacy and comfort with en-suite bathrooms as well as a separate powder room for guests. Crafted by renowned Smallbone of Devizes, the gourmet kitchen includes premium Miele appliances.

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: 06/08/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $108,828

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 1.28

HOA Fees

  • $6,584 Monthly HOA Fees

Parking

  • Garage

Interior Spaces

  • 4,295 Sq Ft Home
  • Entrance Foyer
  • Storage

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Additional Features

  • Spa
  • 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

$108,828

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$6,584 per month

Listing Details

  • Exposures: East,North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Midtown Central
  • Directions: South
  • Entry Level: 84
  • 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: Dryer, Washer/Dryer Stacked, Dishwasher, Washer
  • Fireplace: No
  • Living Area: 4295.0
  • Living Area Units: Square Feet
  • Rooms (Total): 6

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Bathrooms Integer: 5
  • Bedrooms: 4

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, In Unit
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 6584.0
  • 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
  • Spa: Yes
  • Total Stories: 131
  • Year Built: 2020

Rental Info

  • Furnished: Unfurnished
  • Owner Pays: None

Tax Info

  • Tax Block: 01029
  • Tax Lot: 7502
  • Tax Annual: 108828.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2023
Closed on
Jun 8, 2023
Sold by
Smitell Llc
Bought by
James R Ledley As Trustee and Tower Trust
Seller's Agent
Central Park Tower Sales Office
Corcoran Sunshine Marketing Group
List Price
$34,264,000
Sold Price
$25,012,624
Premium/Discount to List
-$9,251,376
-27%
Current Estimated Value
$6,911,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,101,235
Avg. Annual Appreciation
-44.01%
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
James R Ledley As Trustee $25,012,625 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
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
11/21/2023 11/21/23 Sold $25,012,625 -27.0% $5,824 / Sq Ft
09/07/2023 09/07/23 Off Market $34,264,000 -- --
06/08/2023 06/08/23 Sold $25,012,624 -27.0% $5,884 / Sq Ft
06/08/2023 06/08/23 For Sale $34,264,000 0.0% $8,060 / Sq Ft
06/08/2023 06/08/23 Pending -- -- --
06/08/2023 06/08/23 For Sale $34,264,000 -- $7,978 / Sq Ft
06/06/2023 06/06/23 Pending -- -- --
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 $124,255 $1,024,750 $78,645 $946,105
2024 $124,255 $993,881 $78,645 $915,236
2023 $126,548 $1,031,615 $78,645 $952,970
2022 $108,261 $917,117 $78,645 $838,472
2021 $82,638 $721,417 $78,645 $642,772
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10958547

Real Estate Board of New York (REBNY)

APN: 1029-1235