1 Central Park S #301
About This Property
An ideal layout affords a perfect flow for entertaining on a grand scale as well as for day to day living. An elegant entry gallery leads to the amazingly proportioned - nearly 35-foot long - living room, with space for several seating areas. With huge Venetian plaster walls, black herringbone floors, and oversized windows overlooking Central Park, this room is an art collector's dream. Adjacent to the living room is a breakfast room with red-lacquered boiserie frames and mercury glass panels. The chef's kitchen features black granite countertops, marble tile backsplash, and top-of-the-line appliances including a six-burner Viking stovetop with vented hood, an integrated Viking refrigerator, and an integrated Miele dishwasher. Off of the gallery is a large wet bar.
The large primary suite features dual bathrooms, dual walk-in closets, and silk upholstered walls with matching curtains. The windowed bathroom has white onyx floors with black lacquer cabinets, a jetted soaking tub, heated floors, and Sherle Wagner fixtures. The secondary en-suite bath features heated floors, black granite countertops, and a steam shower.
A separate wing on the opposite side of the residence houses two additional en-suite bedrooms, each generously scaled. A laundry room, electronic shades, zoned central air conditioning, and Lutron lighting complete this magnificent home.
The iconic Plaza Hotel and Residences is an elegant, French Renaissance-inspired 20-story landmark building that was designed by Henry Janeway Hardenbergh and completed in 1907. It has played an integral role in New York's architectural and social history. Residents of the condominium enjoy access to The Plaza Hotel's amenities and services including a full time doorman, five-star concierge service, limousine services, The Oak Room & Bar, The Palm Court, The Grand Ballroom, The Champagne Bar and Rose Club, The Plaza Food Hall by Todd English, and The La Palestra spa and fitness center. The Plaza also includes a landscaped courtyard with reflecting pools and fountains.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Sep 2, 2021 | Sold to Kimara Holdings Ii Llc | $13,500,000 | |
Sold to Kimara Holdings Ii Llc | |||
Jul 9, 2021 | In contract | - | |
In contract | |||
Mar 12, 2021 | Price Decreased |
$14,995,000
↓ $2M
(9.1%)
|
|
Price Decreased | |||
Sep 17, 2020 | Price Decreased |
$16,500,000
↓ $3M
(15.4%)
|
|
Price Decreased | |||
Sep 17, 2020 | Back on market | - | |
Back on market |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
12/07/2023
|
1 Bed
|
1 Bath
|
782 ft²
|
$1
1 Bed
1 Bath
782 ft²
|
$1,915,200
+191,519,900.00%
03/29/2024
|
-
|
Eileen McGill
Compass
|
|
06/27/2023
|
3 Bed
|
4 Bath
|
-
|
$10,500,000
3 Bed
4 Bath
|
-
-
|
-
|
Jordan Hurt
Serhant
|
|
12/08/2022
|
Studio
|
1 Bath
|
530 ft²
|
$1,100,000
Studio
1 Bath
530 ft²
|
$1,100,000
10/19/2023
|
-
|
Helene Xu
Elegran Real Estate and Development
|
|
12/08/2022
|
1 Bed
|
1 Bath
|
698 ft²
|
$1,200,000
1 Bed
1 Bath
698 ft²
|
$1,200,000
10/19/2023
|
-
|
Helene Xu
Elegran Real Estate and Development
|
|
08/30/2022
|
1 Bed
|
2 Bath
|
1212 ft²
|
$4,250,000
1 Bed
2 Bath
1212 ft²
|
$3,700,000
-12.94%
12/13/2023
|
-
|
Charlie Attias
Compass
|
|
03/22/2022
|
2 Bed
|
3 Bath
|
2339 ft²
|
$6,850,000
2 Bed
3 Bath
2339 ft²
|
$6,850,000
11/12/2023
|
-
|
Charlie Attias
Compass
|
|
09/30/2021
|
1 Bed
|
2 Bath
|
1155 ft²
|
$3,500,000
1 Bed
2 Bath
1155 ft²
|
$3,500,000
12/12/2022
|
-
|
Charlie Attias
Compass
|
|
09/30/2021
|
6 Bed
|
5 Bath
|
3800 ft²
|
$16,490,000
6 Bed
5 Bath
3800 ft²
|
$16,490,000
11/12/2023
|
-
|
Charlie Attias
Compass
|
|
09/30/2021
|
3 Bed
|
4 Bath
|
2656 ft²
|
$12,990,000
3 Bed
4 Bath
2656 ft²
|
$11,800,000
-9.16%
04/03/2023
|
-
|
Charlie Attias
Compass
|
|
09/14/2021
|
3 Bed
|
4 Bath
|
2656 ft²
|
$10,750,000
3 Bed
4 Bath
2656 ft²
|
$10,750,000
12/14/2021
|
-
|
Matthew Pravda
Garfield, Leslie J. & Co., Inc.
|
|
04/22/2021
|
2 Bed
|
2 Bath
|
1690 ft²
|
$4,650,000
2 Bed
2 Bath
1690 ft²
|
$3,800,000
-18.28%
12/16/2021
|
-
|
Leslie Modell
Sothebys International Realty
|
|
03/30/2021
|
3 Bed
|
3 Bath
|
2162 ft²
|
$8,800,000
3 Bed
3 Bath
2162 ft²
|
$8,800,000
08/13/2021
|
-
|
Charlie Attias
Compass
|
|
03/24/2021
|
3 Bed
|
4 Bath
|
2656 ft²
|
$8,995,000
3 Bed
4 Bath
2656 ft²
|
$8,995,000
11/04/2022
|
-
|
Charlie Attias
Compass
|
|
02/17/2021
|
1 Bed
|
1 Bath
|
-
|
$2,950,000
1 Bed
1 Bath
|
$2,900,000
-1.69%
11/04/2022
|
-
|
Charlie Attias
Compass
|
|
02/17/2021
|
4 Bed
|
5 Bath
|
4299 ft²
|
$19,950,000
4 Bed
5 Bath
4299 ft²
|
$18,000,000
-9.77%
09/01/2021
|
-
|
Charlie Attias
Compass
|
|
01/25/2021
|
2 Bed
|
2 Bath
|
1721 ft²
|
$3,900,000
2 Bed
2 Bath
1721 ft²
|
$3,400,000
-12.82%
12/04/2021
|
-
|
Charlie Attias
Compass
|
|
12/26/2019
|
1 Bed
|
2 Bath
|
1189 ft²
|
$4,250,000
1 Bed
2 Bath
1189 ft²
|
$3,990,000
-6.12%
09/10/2020
|
-
|
Eileen McGill
Compass
|
|
12/16/2019
|
3 Bed
|
4 Bath
|
3068 ft²
|
$9,995,000
3 Bed
4 Bath
3068 ft²
|
$8,200,000
-17.96%
05/22/2021
|
-
|
Charlie Attias
Compass
|
|
09/17/2019
|
1 Bed
|
2 Bath
|
1250 ft²
|
$3,495,000
1 Bed
2 Bath
1250 ft²
|
$3,495,000
10/26/2020
|
-
|
Joanne Greene
Brown Harris Stevens
|
|
03/22/2019
|
Studio
|
1 Bath
|
695 ft²
|
$1,700,000
Studio
1 Bath
695 ft²
|
$1,300,000
-23.53%
12/02/2019
|
-
|
Gladys Perez
Stephen P. Wald Real Estate Associates
|
|
09/12/2018
|
1 Bed
|
1 Bath
|
782 ft²
|
$2,300,000
1 Bed
1 Bath
782 ft²
|
$1,500,000
-34.78%
01/21/2021
|
-
|
Linda Ho
Serhant
|
|
03/26/2018
|
4 Bed
|
5 Bath
|
3212 ft²
|
$23,500,000
4 Bed
5 Bath
3212 ft²
|
$19,600,000
-16.60%
03/08/2019
|
-
|
Carrie Chiang
The Corcoran Group
|
|
12/18/2017
|
1 Bed
|
2 Bath
|
904 ft²
|
$2,175,000
1 Bed
2 Bath
904 ft²
|
$2,175,000
05/15/2018
|
-
|
Olga Afanaseva
Level Group, Inc.
|
|
11/20/2017
|
3 Bed
|
5 Bath
|
3416 ft²
|
$22,500,000
3 Bed
5 Bath
3416 ft²
|
$14,995,000
-33.36%
09/02/2021
|
-
|
Joshua Wesoky
Compass
|
|
09/11/2017
|
4 Bed
|
4.5 Bath
|
-
|
$50,000,000
4 Bed
4.5 Bath
|
-
-
|
-
|
Nikki Field
Sothebys International Realty
|
|
09/11/2017
|
3 Bed
|
4 Bath
|
3974 ft²
|
$34,950,000
3 Bed
4 Bath
3974 ft²
|
$29,000,000
-17.02%
03/14/2019
|
-
|
Brenda Stauffer Powers
Sothebys International Realty
|
|
03/30/2017
|
2 Bed
|
2 Bath
|
1582 ft²
|
$6,250,000
2 Bed
2 Bath
1582 ft²
|
-
-
|
-
|
Douglas Travaglione
Compass
|
|
06/16/2017
|
1 Bed
|
2 Bath
|
1212 ft²
|
$6,995,000
1 Bed
2 Bath
1212 ft²
|
$3,900,000
-44.25%
06/16/2017
|
-
|
Elyse Gutman
Corcoran Group
|
|
06/16/2017
|
1 Bed
|
1 Bath
|
860 ft²
|
$2,400,000
1 Bed
1 Bath
860 ft²
|
$2,400,000
06/16/2017
|
-
|
Charlie Attias
Compass
|
|
04/06/2017
|
Studio
|
1 Bath
|
887 ft²
|
$2,250,000
Studio
1 Bath
887 ft²
|
-
-
|
-
|
Jeff Yi
Halstead Property, LLC
|
|
04/03/2017
|
4 Bed
|
5.5 Bath
|
6316 ft²
|
$39,750,000
4 Bed
5.5 Bath
6316 ft²
|
-
-
|
-
|
Elizabeth Sample
Sothebys International Realty
|
|
11/01/2016
|
4 Bed
|
4.5 Bath
|
4665 ft²
|
$22,500,000
4 Bed
4.5 Bath
4665 ft²
|
-
-
|
-
|
JARED SELIGMAN
Corcoran Group
|
|
10/31/2016
|
4 Bed
|
4.5 Bath
|
5655 ft²
|
$58,900,000
4 Bed
4.5 Bath
5655 ft²
|
-
-
|
-
|
Tal Alexander
Douglas Elliman Real Estate
|
|
08/29/2016
|
1 Bed
|
1 Bath
|
904 ft²
|
$2,050,000
1 Bed
1 Bath
904 ft²
|
$1,900,000
-7.32%
10/27/2017
|
-
|
Lisa Maysonet
Daniel Gale Sothebys Intl Rlty
|
|
08/29/2016
|
1 Bed
|
1 Bath
|
904 ft²
|
$2,225,000
1 Bed
1 Bath
904 ft²
|
$2,100,000
-5.62%
12/20/2017
|
-
|
Lisa Maysonet
Daniel Gale Sothebys Intl Rlty
|
|
07/28/2016
|
1 Bed
|
1 Bath
|
1115 ft²
|
$4,000,000
1 Bed
1 Bath
1115 ft²
|
$4,000,000
07/13/2016
|
-
|
Charlie Attias
Compass
|
|
04/08/2016
|
5 Bed
|
5 Bath
|
-
|
$38,000,000
5 Bed
5 Bath
|
-
-
|
-
|
Joanne Cutler
Cutler Joanna
|
|
03/28/2016
|
3 Bed
|
3 Bath
|
2656 ft²
|
$14,500,000
3 Bed
3 Bath
2656 ft²
|
-
-
|
-
|
Joanne Cutler
Cutler Joanna
|
|
03/14/2016
|
4 Bed
|
3.5 Bath
|
4000 ft²
|
$26,000,000
4 Bed
3.5 Bath
4000 ft²
|
-
-
|
-
|
Suzan Kremer
Prudential Douglas Elliman Real Estate
|
|
02/22/2016
|
1 Bed
|
1.5 Bath
|
1199 ft²
|
$5,950,000
1 Bed
1.5 Bath
1199 ft²
|
-
-
|
-
|
Laura N Cao
Prudential Douglas Elliman Real Estate
|
|
02/04/2016
|
1 Bed
|
1.5 Bath
|
904 ft²
|
$2,225,000
1 Bed
1.5 Bath
904 ft²
|
-
-
|
-
|
Michael Christopher
CORE Group Marketing LLC
|
|
02/04/2016
|
1 Bed
|
1 Bath
|
904 ft²
|
$2,050,000
1 Bed
1 Bath
904 ft²
|
-
-
|
-
|
Michael Christopher
CORE Group Marketing LLC
|
|
11/19/2015
|
4 Bed
|
4.5 Bath
|
6319 ft²
|
$49,950,000
4 Bed
4.5 Bath
6319 ft²
|
-
-
|
-
|
Noble Black
Prudential Douglas Elliman Real Estate
|
|
10/30/2015
|
Studio
|
1 Bath
|
887 ft²
|
$2,490,000
Studio
1 Bath
887 ft²
|
-
-
|
-
|
Jeff Yi
Halstead Property, LLC
|
|
10/30/2015
|
Studio
|
1 Bath
|
524 ft²
|
$1,600,000
Studio
1 Bath
524 ft²
|
-
-
|
-
|
Michael L Coy
Douglas Elliman Real Estate
|
|
10/08/2015
|
1 Bed
|
1 Bath
|
531 ft²
|
$1,450,000
1 Bed
1 Bath
531 ft²
|
-
-
|
-
|
Cleo Lettry
CORE Group Marketing LLC
|
|
10/05/2015
|
Studio
|
1 Bath
|
-
|
$1,950,000
Studio
1 Bath
|
-
-
|
-
|
Maura Jarach
Corcoran Group
|
|
09/15/2015
|
3 Bed
|
3.5 Bath
|
2656 ft²
|
$14,750,000
3 Bed
3.5 Bath
2656 ft²
|
-
-
|
-
|
Sally Johnson
Compass
|
|
09/09/2015
|
1 Bed
|
2 Bath
|
1279 ft²
|
$4,500,000
1 Bed
2 Bath
1279 ft²
|
$4,000,000
-11.11%
02/18/2016
|
-
|
Charlie Attias
Compass
|
|
09/08/2015
|
2 Bed
|
2 Bath
|
2000 ft²
|
$12,900,000
2 Bed
2 Bath
2000 ft²
|
$10,150,000
-21.32%
02/24/2017
|
-
|
Charlie Attias
Compass
|
|
06/11/2015
|
2 Bed
|
2 Bath
|
-
|
$6,275,000
2 Bed
2 Bath
|
-
-
|
-
|
Elizabeth Lorenzo
Compass
|
|
04/01/2015
|
3 Bed
|
3.5 Bath
|
2656 ft²
|
$18,288,000
3 Bed
3.5 Bath
2656 ft²
|
-
-
|
-
|
Leasing Office, Chelsea Park 260 West 26th Street
Sotheby's International Realty, Inc.
|
|
04/01/2015
|
4 Bed
|
4.5 Bath
|
3351 ft²
|
$20,425,000
4 Bed
4.5 Bath
3351 ft²
|
-
-
|
-
|
Leasing Office, Chelsea Park 260 West 26th Street
Sotheby's International Realty, Inc.
|
|
04/01/2015
|
Studio
|
1 Bath
|
695 ft²
|
$2,137,000
Studio
1 Bath
695 ft²
|
-
-
|
-
|
Leasing Office, Chelsea Park 260 West 26th Street
Sotheby's International Realty, Inc.
|
|
03/24/2015
|
3 Bed
|
2 Bath
|
2418 ft²
|
$10,750,000
3 Bed
2 Bath
2418 ft²
|
$9,250,000
-13.95%
01/21/2016
|
-
|
Charlie Attias
Compass
|
|
03/12/2015
|
3 Bed
|
3 Bath
|
2656 ft²
|
$18,000,000
3 Bed
3 Bath
2656 ft²
|
$14,500,000
-19.44%
07/13/2016
|
-
|
Charlie Attias
Compass
|
|
03/11/2015
|
1 Bed
|
1 Bath
|
887 ft²
|
$2,495,000
1 Bed
1 Bath
887 ft²
|
$2,250,000
-9.82%
08/11/2015
|
-
|
Charlie Attias
Compass
|
|
02/19/2015
|
4 Bed
|
4.5 Bath
|
6319 ft²
|
$59,000,000
4 Bed
4.5 Bath
6319 ft²
|
-
-
|
-
|
Louis Buckworth
Brown Harris Stevens
|
|
01/23/2015
|
1 Bed
|
2 Bath
|
1142 ft²
|
$4,495,000
1 Bed
2 Bath
1142 ft²
|
$4,050,000
-9.90%
08/18/2015
|
-
|
Emily Sertic
Elliman
|
|
01/15/2015
|
4 Bed
|
3 Bath
|
4000 ft²
|
$39,500,000
4 Bed
3 Bath
4000 ft²
|
-
-
|
-
|
Corcoran Chelsea Modern -
Corcoran Group
|
|
12/23/2014
|
3 Bed
|
4.5 Bath
|
-
|
$35,000,000
3 Bed
4.5 Bath
|
-
-
|
-
|
A Laurance Kaiser
Berkshire Hathaway HomeServices New York Properties
|
|
12/05/2014
|
2 Bed
|
2.5 Bath
|
1996 ft²
|
$10,650,000
2 Bed
2.5 Bath
1996 ft²
|
-
-
|
-
|
Burt Savitsky
Brown Harris Stevens Residential Sales LLC
|
|
12/05/2014
|
1 Bed
|
1 Bath
|
800 ft²
|
$2,250,000
1 Bed
1 Bath
800 ft²
|
$2,100,000
-6.67%
02/05/2021
|
-
|
Louise C. Beit
Sotheby's International Realty, Inc.
|
|
12/05/2014
|
3 Bed
|
3 Bath
|
-
|
$15,000,000
3 Bed
3 Bath
|
-
-
|
-
|
Louise C. Beit
Sotheby's International Realty, Inc.
|
|
11/17/2014
|
4 Bed
|
4 Bath
|
5655 ft²
|
$75,000,000
4 Bed
4 Bath
5655 ft²
|
-
-
|
-
|
Corcoran Chelsea Modern -
Corcoran Group
|
|
11/06/2014
|
1 Bed
|
1 Bath
|
1212 ft²
|
$6,450,000
1 Bed
1 Bath
1212 ft²
|
-
-
|
-
|
Lavina Shamdasani
Douglas Elliman Real Estate
|
|
10/14/2014
|
2 Bed
|
2 Bath
|
1985 ft²
|
$11,450,000
2 Bed
2 Bath
1985 ft²
|
$10,000,000
-12.66%
07/06/2015
|
-
|
Deborah Grubman
The Corcoran Group
|
|
08/15/2014
|
4 Bed
|
4.5 Bath
|
4283 ft²
|
$25,000,000
4 Bed
4.5 Bath
4283 ft²
|
-
-
|
-
|
Oren Alexander
Prudential Douglas Elliman Real Estate
|
|
06/26/2014
|
1 Bed
|
1.5 Bath
|
1155 ft²
|
$3,750,000
1 Bed
1.5 Bath
1155 ft²
|
$3,075,000
-18.00%
02/05/2021
|
-
|
Soonjin Song
Compass
|
|
06/24/2014
|
2 Bed
|
2 Bath
|
1676 ft²
|
$8,249,500
2 Bed
2 Bath
1676 ft²
|
$6,125,000
-25.75%
02/05/2021
|
-
|
Austin Schuster
Compass
|
|