Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $3,600,000

· Sold at asking price · Closed January 7, 2022

SOLD: 222 Central Park S #16/20
SOLD $3,600,000
Sold Co-op

$3,600,000

222 Central Park S #16/20

Central Park South, Manhattan

MLS® #RLS10759461

RLS at REBNY

Listing by Compass

2

Bedrooms

2

Baths

N/A

Sq. Ft.

1905

Year Built

Sale Details

Sale Price $3,600,000
Original List Price $3,600,000
Close Date January 7, 2022
vs. Asking Sold at asking price

Property Summary

Bedrooms 2
Bathrooms 2
Year Built 1905
Ownership Co-op
Maintenance $7,848/mo
Neighborhood Central Park South
Floor 16 of 16

Description

Built in 1905 and completed in 1908, the legendary Gainsborough Studios were first constructed as an apartment hotel for artists. Shortly thereafter, the building was converted into a co-operative for its tenants. The unique frontage, which has recently undergone a major restoration, features a bust of the 18th century painter, Thomas Gainsborough, after whom the building was named and dedicated. The upper facade has beautiful Edwardian tiles in bright colors made from 18th-Century pottery and an impressive frieze entitled 'a Festival Procession of the Arts.' This renowned building's northern light attracted artists including the Surrealist painter, Enrico Donati. He used Apartment 1620 as his painting studio for well over 50 years. Located on the 14th and 15th floors, the dramatic double-height living room with wood burning fireplace has an 18'8' ceiling and oversized windows with sweeping views of Manhattan's iconic and landmarked 843-acre Central Park. The balcony overlooking the living room provides an even more spectacular view of Fifth Avenue, and the vast pastoral oasis of the Park. The apartment is a beautiful portal through which quintessential New York can best be experienced! Much of the architectural details and original floorplan of the apartment have remained intact. Representing the combination of two apartments, the former living room of the second apartment now serves as the primary bedroom with a handsome inlaid wood burning fireplace. There is a second bedroom, two windowed baths, dining area and a windowed kitchenette. The apartment is in need of an update by its new owners. The Gainsborough has a full time attended door and elevator. The cooperative permits up to 50% financing and pieds-a-terre. Pets and a washer/dryer allowed with board approval. The building has a 3% flip tax. Showings are Monday-Friday between 10:00am and 4:00pm.

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 4
View City
Year Built 1905

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RLS at REBNY

Listing courtesy of Sassy Johnson at Compass. 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. This 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.

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