NOT LISTED FOR SALE

Estimated Value: $2,253,000 - $4,737,000

2 Beds
2 Baths
1,506 Sq Ft
$2,701/ mo HOA Fee

Last Sold February 09, 2022

Last sale price $4,700,000 $3,121 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $25,902/month

267 Days on Market

Highlights

  • Terrace
  • 2-minute walk to 57 Street (F Line)
  • Entrance Foyer
  • P.S. 111 Adolph S. Ochs Rated A-
  • Community Garden
  • Central Air

About This Home

As of February 2022

This fantastic apartment has the most outdoor space on Central Park South.

THREE TERRACES and DIRECT PARK VIEWS

This light filled 2 bedroom/2 bath condo has amazing views. With three private terraces totaling 598 square feet, you will enjoy direct magnificent Central Park views from the 18th and 19th floors in this lovely full-service condominium.

The elevator opens to your own private foyer on the 18th floor into this spectacular duplex with terraces on both the north and south sides. The first floor living and dining area faces the park, with glass doors opening onto a terrace with breathtaking views that go for miles.A nice-sized bedroom with en-suite bath faces south with its own large terrace. Upstairs, the master bedroom with an en-suite bath has glass doors which open to an even larger terrace overlooking the park. A huge walk-in closet and laundry complete the floor.

Ideally situated on prime Central Park South between 6th and 7th Aves. Located in the heart of one of New York's most glamorous neighborhoods, The Park House, built in 1962, is surrounded by 5-star hotels, restaurants & bars. The recent lobby renovation enhances the classic luxury design of the building.

Enjoy direct access to the best of all that New York City has to offer dining, entertainment, cultural activities, and luxury shopping on Fifth Avenue. Only two blocks from Whole Foods at Columbus Circle and a short walk to Carnegie Hall, MoMA, Lincoln Center and the Theater District. This full-service building offers a 24-hour doorman, concierge, on-site parking, fitness room, laundry, and storage. Pets allowed.

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Last Agent to Sell the Property

Ellen Simon

Weichert Properties License #30SI1004902 Listed on: 11/11/2020

Weichert Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $44,479

Year Built

  • Built in 1962

HOA Fees

  • $2,701 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Entry on the 18th floor

Interior Spaces

  • 1,506 Sq Ft Home
  • Entrance Foyer

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Terrace
  • Central Air

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

$44,479

Year Built

Built in 1962

Lot Details

0 Sq Ft Lot

HOA Fees

$2,701 per month

Listing Details

  • Cross Street: Avenue of the Americas/Seventh Avenue
  • Exposures: North,South
  • Property SubType: Duplex
  • Property Type: Residential
  • Neighborhood: Central Park South
  • Entry Level: 18
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 18

Interior Features

  • Interior Features: Dining Area, Entrance Foyer
  • Living Area: 1506.0
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 2701.26
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

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: 44478.84

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2020
Closed on
Feb 9, 2022
Sold by
Corkscrew International Real Estate Limi
Bought by
116 Central Park South Phn Llc
Seller's Agent
Ellen Simon
Weichert Properties
List Price
$4,700,000
Sold Price
$4,700,000
Current Estimated Value
$3,730,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$969,257
Avg. Annual Appreciation
-5.48%
Original Mortgage
$3,290,000
Outstanding Balance
$3,055,015
Interest Rate
3.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$675,728

Purchase Details

Closed on
Sep 21, 1993
Sold by
Park House Partnersltd
Bought by
Corkscrew International Real Estate and Mark Turnamian
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
116 Central Park South Phn Llc $4,700,000 --
Corkscrew International Real Estate -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 116 Central Park South Phn Llc $3,290,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/09/2022 02/09/22 Sold $4,700,000 0.0% $3,121 / Sq Ft
11/11/2020 11/11/20 For Sale $4,700,000 0.0% $3,121 / Sq Ft
09/08/2016 09/08/16 Rented -- -- --
08/09/2016 08/09/16 Under Contract -- -- --
05/01/2016 05/01/16 For Rent -- -- --
Source: Real Estate Board of New York (REBNY)

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 $45,466 $359,737 $81,712 $278,025
2024 $45,466 $363,671 $81,712 $281,959
2023 $42,117 $343,338 $81,712 $261,626
2022 $44,652 $364,954 $81,712 $283,242
2021 $43,665 $355,959 $81,712 $274,247
2020 $44,479 $394,266 $81,712 $312,554
2019 $42,349 $385,398 $81,712 $303,686
2018 $40,511 $385,715 $81,712 $304,003
2017 $37,317 $333,884 $81,712 $252,172
2016 $35,358 $312,679 $81,712 $230,967
2015 $12,505 $290,192 $81,711 $208,481
2014 $12,505 $270,082 $81,712 $188,370
Source: Public Records

Agents Affiliated with this Home

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10757658

Real Estate Board of New York (REBNY)

APN: 1011-5081

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