1 CENTRAL Park W 1506
$1,975,000
MLS# RLS20112368 · Lincoln Square
Listed September 2, 2026 · 54 days on the market
1 Beds 2 Baths 943 Sq.Ft.
About This Property
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.
Curtis Bain
Brown Harris Stevens
Property Features
Policies
- Pets allowed
Home features
- Washer/dryer allowed
- Park view
Building amenities
Services and facilities
- Bike room
- Concierge
- Elevator
- Garage parking
- Laundry in building
- Storage space
- Valet parking
Wellness and recreation
- Gym
- Health club
- Indoor pool
- Resident lounge
- Sauna
- Spa
- Steam room
Outdoor space
- Roof deck
Some building amenities are reported on other current listings in this building. Confirm amenities and building policies before relying on them.
Estimate
Monthly Cost & Closing Costs
The rate is a placeholder, not a quote. Enter the one your lender gives you.
$17,352 / month
- Principal and interest$9,987
- Common charges$7,365
Due at closing
- Down payment (20%)$395,000
- NYS “mansion tax” (1%)$19,750
- Mortgage recording tax (1.925%)$30,415
Not included: attorney, title insurance, lender and appraisal fees, board application and move-in fees, flip tax and prepaid items. Estimates only, based on the published New York State rates. Your attorney and lender will confirm the real figures.
Gallery
Property Photos
Listing Courtesy of Brown Harris Stevens Residential Sales LLC
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.
