Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
116 CENTRAL Park S #3F

For Sale · Listing by Corcoran Group

116 CENTRAL Park S #3F

Central Park South, Manhattan

$925,000

Interested in this property?
Active For Sale Condo

$925,000

$1,555 per sq ft

116 CENTRAL Park S #3F

Central Park South, Manhattan

Park House

MLS® #RLS20113017

RLS at REBNY

Listing by Corcoran Group

Studio
1
Bath
595
Sq. Ft.
1962
Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Living Area 595 sq ft
Year Built 1962
Ownership Condo
HOA/Common Charges $1,372/mo
Property Taxes Contact for details
Parking Garage
Neighborhood Central Park South
Floor 3 of 17

Property Highlights

  • Climate Control: Other
  • Parking: Private garage

Property Details

Type Condo
Ownership Condominium
Total Rooms 2
Baths 1 Full
Floor 3 of 17
Cooling Other
Pets DogsOk, Yes
Year Built 1962
Living Area 595 sq ft
Parking Garage Available
Structure Type HighRise
Basement Other
Parcel # 1011-5009
Block/Lot 01011/5009

Listing History

Event Date Price Change
Listed Sep 8, 2026 $925,000 -
Currently Sep 8, 2026 $925,000 -

Description

Welcome to Residence 3F at 116 Central Park South, a truly unique alcove studio distinguished by an extraordinary private terrace that dramatically expands the way this home can be enjoyed. The apartment features a well-proportioned layout with a generous living and dining area and a separate sleeping alcove that creates natural separation between living and sleeping spaces. Wide-plank hardwood floors add warmth throughout, while the flexible floor plan allows the home to live more like a junior one-bedroom than a traditional studio. The separate, windowed kitchen is thoughtfully finished with white cabinetry, contrasting dark countertops, and full-sized appliances. The updated bathroom features contemporary tilework and a glass-enclosed tub and shower, while a true walk-in closet provides an impressive amount of storage. What truly sets Residence 3F apart, however, is its massive private terrace. Spanning approximately 600 square feet, this exceptional outdoor space is nearly the size of the apartment itself and offers a rare opportunity to create a private outdoor retreat in the heart of Manhattan. There is ample room for multiple seating areas, outdoor dining, lounging, entertaining, gardening, or simply enjoying an open-air extension of the home. For pet owners, entertainers, or anyone who values substantial private outdoor space, the terrace makes 3F an offering unlike the typical Central Park South studio. 116 Central Park South is a full-service condominium located directly across from Central Park, offering 24-hour doorman service, elevator, fitness center, laundry room, garage, bicycle storage, and additional storage. The condominium is pet-friendly, pied-à-terre friendly, and investor-friendly, allowing up to two pets per apartment. Outside your door is one of Manhattan's most desirable locations. Central Park is directly across the street, while Columbus Circle, Fifth Avenue, Madison Avenue, Carnegie Hall, Lincoln Center, MoMA, the Theater District, Whole Foods and Morton Williams are all within easy reach. Transportation options are equally exceptional, with access to the A, B, C, D, E, F, N, Q, R and 1 subway lines nearby. Residence 3F combines an efficient and beautifully updated interior with something extraordinarily difficult to replicate in Manhattan: approximately 600 square feet of private outdoor space on Central Park South. It is a distinctive home offering the convenience of full-service condominium living and the luxury of having a remarkable private terrace all your own.

Features & Amenities

Interior Features

Building Other

Exterior Features

Building Courtyard

Building Amenities

Bike Storage Elevators

Building Information

Building Park House
Building Data View Compliance & Permits
Total Units 70
Stories 17
Structure HighRise

Financial Details

Common Charges $1,372/mo
RE Taxes Contact for details

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

95

Median Asking Price

$3.75M

Median $/Sqft

$2,475

Avg Days on Market

N/A

New This Week

5

Price Reduced

43%

Sold (30 Days)

1

Median Sale Price

$1.63M

Live data from RLS at REBNY • Updated 9/8/26, 7:31 PM EST

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Location

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116 CENTRAL Park S #3F, Central Park South, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1950
Year Built
76 years old
18
Floors
78
Residential Units
C5-1
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $14,793,759
Land Value: $3,516,754
Exemptions: $0

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

Lot Area: 13,512 SF
Building Area: 90,250 SF
Built FAR: 6.68
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 $1,372 per month. Confirm the exact amount with Milton Coste before making an offer.

This property has 0 bedrooms and 1 full bathroom.

The listed interior living area is 595 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1962, making it approximately 64 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 Milton Coste for weight limits or breed restrictions.

At the current list price of $925,000 for 595 sq ft, the asking price per square foot is approximately $1,555. 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: RLS20113017
First Listed: 9/8/2026
On Market: 9/8/2026
Price Changed: 9/8/2026
Contract Date: 9/8/2026

Listing Courtesy of Corcoran Group - Zachary T Flynt

Listing Contact: (917) 922-6640

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 9/8/2026 at 11:31 PM UTC

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Central Park South Market Update

1 sale last 30 days · $3.75M median · 95 months supply

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Quick Facts

Status Active Type Condo Neighborhood Central Park South Borough Manhattan
County New York
Floor 3 of 17
Year Built 1962
First Listed 9/8/2026
Parking Garage
Living Area 595 sqft
Common Charges $1,372/mo

Monthly Costs Estimate

Down Payment 20%

$185,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Common Charges $1,372
Total Monthly $0

Estimates only. Consult a lender for exact figures.

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