40 CENTRAL Park S #5B
MLS® #RLS20083710
Listing by Essential New York Real Estate LLC
NYC FARE Act Notice: Under NYC Local Law 119 (effective June 2025), if the landlord hired the broker, the tenant is not responsible for the broker fee. Ask about fee responsibility before scheduling a viewing.
1
Bedroom
1
Bath
970
Sq. Ft.
1941
Year Built
Quick Summary
Property Highlights
- Views: Park Greenbelt
- Exposure: North facing
- Climate Control: Other
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Apr 14, 2026 | $8,000 | - |
| Currently | May 7, 2026 | $8,000 | - |
Description
Grande One Bedroom with Central Park views from every room! This oversize apartment has brand new Granite counter tops and it spans almost 1,000 square feet. The high ceilings and original pre-war details give it a classic yet refined feel. The living room is extra long giving you many different arrangement opportunities. The huge wall of windows on one end looks directly into the lush forest of trees of Central Park. The kitchen has nice finishes and plenty of counter space. On the other end of the living room is a dining alcove or library which is next to the windows viewing the park, perfect for a table to sit and eat or sit and read while the light and energy of the park pours in.
The bedroom itself is also extremely large, with a large walk-in closet (one of four closets in the apartment) and more park views. There is more than enough room for a King bed with the accompanying furniture. There is a large en-suite bathroom that has a soaking cast-iron tub and separate glass stall shower.
The building is a full-service, white-glove, doorman building with concierge, key-locked elevators, and exercise room. Located steps away from Central Park in the prestigious and desirable Central Park South and Billionaire's row neighborhoods.
Occupied Apartment. 24 hours' notice required for appointment.
Features & Amenities
Interior Features
Exterior Features
Building Amenities
Building Information
Rental Details
Available
7/1/2026
Security Deposit
$8,000
Fee Disclosure NYC FARE Act
Estimated Move-In Costs
First Month's Rent
$8,000
Security Deposit
$8,000
Application Fee
$20
Under NYC's FARE Act (Local Law 119), if the landlord hired the broker, the tenant is not responsible for the broker fee. Always confirm fee responsibility before signing.
Short-Term Rental Potential
Estimated income if operated as a compliant short-term rental under NYC Local Law 18:
Estimates only. Requires NYC DCWP registration (Local Law 18). Most co-ops and condos prohibit STR via bylaws. Verify with building management and an attorney before listing. Past income is not guaranteed.
About Central Park South
View All Central Park South ListingsCentral Park South is one of the most recognized and sought-after residential stretches in the world. Often associated with 'Billionaires' Row,' the neighborhood offers unparalleled, unobstructed views of Central Park. The real estate market is a mix of legendary pre-war cooperatives, historic hotels-turned-residences, and soaring ultra-luxury glass towers that provide the pinnacle of New York City living and white-glove service.
Central Park South Live Market Data
View NeighborhoodActive Listings
100
Median Asking Price
$3.25M
Median $/Sqft
$2,191
Avg Days on Market
N/A
New This Week
5
Price Reduced
37%
Sold (30 Days)
3
Median Sale Price
$2.34M
Live data from RLS at REBNY • Updated 5/7/26, 5:56 AM EST
Similar Listings in Central Park South
View All40 CENTRAL Park #17A
Rental • RLS #RLS20071354
106 Central Park #15D
Condo • RLS #RLS20088794
160 CENTRAL Park #1830/1833
Condo • RLS #RLS20087978
40 CENTRAL Park #8H
Rental • RLS #RLS20082724
Browse More NYC Properties
In This Neighborhood
By Property Type
By Borough
Location
40 CENTRAL Park S #5B, Central Park South, New York County
Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)
Want help estimating ownership costs or understanding building compliance? Let's discuss
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed common charges are $0 per month. Confirm the exact amount with the listing broker before making an offer.
This property has 1 bedroom and 1 full bathroom.
The listed interior living area is 970 square feet. Verify dimensions independently during due diligence.
According to MLS records, the building was constructed in 1941, making it approximately 85 years old.
This listing is RentalBuilding
Pets are permitted at this property: Refer to management. Contact the listing broker for weight limits or breed restrictions.
At the current list price of $8,000 for 970 sq ft, the asking price per square foot is approximately $8. This figure is for reference only and may differ from appraised or assessed values.
To schedule a viewing, contact Milton Coste at (917) 416-7433 or [email protected].
Have a question not answered here?
(917) 416-7433Listing Courtesy of Essential New York Real Estate LLC - Merav Shalhon
Listing Contact: (212) 750-1600
Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.
RLS Data display by Keller Williams NYC. Data last updated on 5/7/2026 at 9:56 AM UTC