1 Bed
2 Baths
943 sqft
$1,975,000
1 CENTRAL Park W 1506, New York City NY, 10023
Price per sqft$2,094.38
Built in1960
Property size943 sqft
Property typeCondominium
Overview
Active
Listed Sep 2, 2026
Updated 6 days ago
Trophy Property- Excellent Returns
This stunning 943 sf one bedroom with 2 full baths has it all. It is the only 1 bedroom line in the building with a full 2nd bath (shower). The views from every room face directly over Central Park 50 feet above the trees. The master bath is quite large. There isn't an inch of wasted space in the entire suite. It has a large walk in owners closet. It was rented out 82% (301 nights) of the time last year, and netted over $70,000 for the owner after all expenses. This 5 star condominium hotel ownership offers the potential to generate income while rented to hotel guests, and not being utilized by the owner. In 2028 the entire Hotel will be going thru a stunning renovation. The bathrooms will soon be Carrara marble, and the current tubs will be walk in showers. All furniture will be replaced, and the décor will change beautifully. Also, the halls on each floor will be completely redone. This will cost the owner over the next 2 years $276,000. The current owner has agreed to pay half of the renovation assessment or $138,000 by the time of the closing or at the closing!!!
Please call or email for showings or more information.
This stunning 943 sf one bedroom with 2 full baths has it all. It is the only 1 bedroom line in the building with a full 2nd bath (shower). The views from every room face directly over Central Park 50 feet above the trees. The master bath is quite large. There isn't an inch of wasted space in the entire suite. It has a large walk in owners closet. It was rented out 82% (301 nights) of the time last year, and netted over $70,000 for the owner after all expenses. This 5 star condominium hotel ownership offers the potential to generate income while rented to hotel guests, and not being utilized by the owner. In 2028 the entire Hotel will be going thru a stunning renovation. The bathrooms will soon be Carrara marble, and the current tubs will be walk in showers. All furniture will be replaced, and the décor will change beautifully. Also, the halls on each floor will be completely redone. This will cost the owner over the next 2 years $276,000. The current owner has agreed to pay half of the renovation assessment or $138,000 by the time of the closing or at the closing!!!
Please call or email for showings or more information.
$13,140/mo
Est. mortgage payment based on a $1,975,000 home price.
All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.
Additional information
- MLS® ID
- RLS20112368
Interior Features
- Bedrooms
- 1
- Bathrooms
- 2
- Basement
- No
Other Property Details
- Taxes
- $35,244
- Tax Frequency
- Annually
- Common Charges Frequency
- Monthly
- Garage
- Yes
- View
- Yes
Listing Courtesy of Brown Harris Stevens Residential Sales LLC - Douglas S Russell
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 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
RLS Data display by Howard Hanna NYC. Data last updated on 9/24/2026 at 2:18 PM UTC
