Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $2,050,000

· Closed August 7, 2025

1 Central Park S #508
Closed For Sale Condo

$2,050,000

$2,621 per sq ft

1 Central Park S #508

Central Park South, Manhattan

MLS® #RLS10974284

RLS at REBNY

Listing by Compass

1

Bedroom

1

Bath

782

Sq. Ft.

1907

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 782 sq ft
Year Built 1907
Ownership Condo
HOA/Common Charges $1,886/mo
Property Taxes $25,020/yr
Parking Valet
Neighborhood Central Park South
Floor 5 of 20

Property Highlights

  • Exposure: South facing
  • Outdoor Space: Terrace
  • Climate Control: Central Air

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full
Floor 5 of 20
Exposure South
Cooling Central Air
Pets Yes, CatsOk, DogsOk
Year Built 1907
Living Area 782 sq ft
Parking Features Valet
Structure Type HighRise,MixedUse
Flooring Hardwood
Furnished Unfurnished
Block/Lot 01274/1472

Listing History

Event Date Price Change
Listed Jun 25, 2024 $2,950,000 -
Price Reduced Apr 14, 2025 $2,295,000 -22.2%
Currently May 29, 2026 $2,050,000 -10.7%

Description

PRICED TO SELL! - TURNKEY GEM INCLUDES A MASSIVE 465 SQ FT PRIVATE TERRACE! Once the guest suite of the famed Astor Suite—host to JFK and royal families—Unit 508 has been masterfully transformed by renowned designer S.R. Gambrel. The result is a refined blend of modern sophistication and timeless charm, with warm tones, custom cabinetry, and elegant finishes throughout. The crown jewel of this residence is its exceptional 465-square-foot terrace. Reminiscent of a French chateau, it overlooks a private courtyard with a grand fountain. Only five units at The Plaza offer this exclusive outdoor space, celebrated for its size, summer sunlight, and serene atmosphere. Inside, 12-foot ceilings with crown molding, herringbone wood floors, and abundant southern light create an airy, elegant feel. The custom kitchen features Nero Marquina marble counters, Calacatta marble tile, and premium Viking and Miele appliances. Central AC, automatic shades, and an in-unit washer/dryer provide modern comfort. At The Plaza, Unit 508 offers a rare lifestyle—defined by its extraordinary terrace and timeless design—just steps from Fifth Avenue, Central Park, world-class dining, and iconic cultural landmarks.

Features & Amenities

Interior Features

Built In Features Crown Molding Eat In Kitchen High Ceilings Walk In Closets Common On Floor Common Area Flooring: Hardwood

Exterior Features

Private Outdoor Space Over60 Sqft Terrace

Appliances

Dryer Dishwasher Gas Cooktop Refrigerator Range Hood Washer

Building Information

Building Data View Compliance & Permits
Total Units 163
Stories 20
Structure HighRise,MixedUse

Financial Details

Common Charges $1,886/mo
RE Taxes $25,020/yr ($2,085/mo)
Original Price $2,950,000
Sale Price $2,050,000
Previous Price $2,295,000

Central 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 Neighborhood

Active Listings

108

Median Asking Price

$3.45M

Median $/Sqft

$2,174

Avg Days on Market

N/A

New This Week

2

Price Reduced

41%

Sold (30 Days)

0

Median Sale Price

$9.78M

Live data from RLS at REBNY • Updated 5/29/26, 11:18 AM EST

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Location

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1 Central Park S #508, Central Park South, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1907
Year Built
119 years old
19
Floors
163
Residential Units
R10H
Zoning District
Condominiums NYC Landmark

Tax & Assessment

Assessed Value: $192,092,877
Land Value: $31,882,970
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 53,772 SF
Building Area: 715,226 SF
Built FAR: 13.3
Allowed FAR: 10

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

Frequently Asked Questions

Common questions about this property

The current listed common charges are $1,886 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $25,020, or roughly $2,085 per month. Verify the current assessment with your attorney before closing.

This property has 1 bedroom and 1 full bathroom.

The listed interior living area is 782 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1907, making it approximately 119 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $2,050,000 for 782 sq ft, the asking price per square foot is approximately $2,621. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10974284
First Listed: 6/25/2024
On Market: 6/25/2024
Price Changed: 4/14/2025
Closed: 8/7/2025
Contract Date: 6/24/2024

Listing Courtesy of Compass - Jim St. Andre

Listing Contact: (646) 732-8162

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.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/29/2026 at 3:18 PM UTC

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