$13,995,000
●
Condo -
Off Market
230 Central Park S #12
Manhattan, NY 10019
5 Beds
5.5 Baths
$76,180
Estimated Monthly
$7,462
HOA / Fees
1.42%
Cap Rate
About This Property
After a one million dollar reduction, the 12th floor at 230 Central
Park South is now the best deal on the park. This assemblage of 6
different units took almost a decade to put together and now after
being fully combined into approx. 5,000 square feet of raw space,
it is ready to be sold to the perfect buyer looking for a 4 or 5
bedroom full floor residence with 75 feet of entertaining space
facing directly into Central Park.
Different from every other Condop on Central Park South, this building does not sit on a land lease and the board runs like a condo. Domestic LLCs, foreign buyers, trusts and sublets are allowed.
The estimated cost of renovation is around $2 million depending on the level of finishes. A 4 bedroom layout has already been approved by the board and the DOB so the buyer can save on soft costs allocated to preliminary architectural design and filing.
Maintenance (including real estate taxes) is around $1.50psf ($7,462/month), the building has nearly $1.5 million dollars in reserves and no debt.
Different from every other Condop on Central Park South, this building does not sit on a land lease and the board runs like a condo. Domestic LLCs, foreign buyers, trusts and sublets are allowed.
The estimated cost of renovation is around $2 million depending on the level of finishes. A 4 bedroom layout has already been approved by the board and the DOB so the buyer can save on soft costs allocated to preliminary architectural design and filing.
Maintenance (including real estate taxes) is around $1.50psf ($7,462/month), the building has nearly $1.5 million dollars in reserves and no debt.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Condo
Property Taxes
-
HOA Dues
$7,462
Year Built
1938
Last updated: 5 months ago ( #PDES-2139539)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jun 8, 2015 | Listed by Elliman | $13,995,000 | |
Listed by Elliman |
Property Highlights
Doorman
Elevator
Garage
Interior Details
Room Information
Rooms: 15
Exterior Details
Property Information
PropertySubType: Apartment
Living Area Units: SquareFeet
Financial Details
Flip Tax Remarks: 2% purchase price- seller
Flip Tax Type: Percent
Tax Deduction Percent: 50
Location Details
Association Fee: $7,462
Pets Allowed: Unit No, Building Yes
Other Details
Coexclusive: No
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Condo
5
Beds
5.5
Baths
-
$12,600,000
May 16, 2016
-
Feb 5, 2021
$7,462/mo
Condo
4
Beds
5
Baths
4,500 ft²
$2,667/ft²
$12,000,000
Nov 13, 2020
$12,000,000
Apr 18, 2022
$8,534/mo
Co-op
4
Beds
4.5
Baths
-
$14,975,000
Feb 5, 2014
-
Feb 5, 2021
$7,670/mo
Condo
3
Beds
4
Baths
3,073 ft²
$4,569/ft²
$14,039,563
Feb 20, 2023
$14,039,563
Mar 23, 2023
$11,256/mo
Condo
3
Beds
4
Baths
3,073 ft²
$4,569/ft²
$14,039,562
Feb 20, 2023
$14,039,562
Apr 5, 2023
$11,256/mo
Condo
2
Beds
3
Baths
2,455 ft²
$5,952/ft²
$14,611,887
Jun 14, 2016
$14,611,887
Jul 17, 2019
$10,059/mo
Active
Condo
5
Beds
5
Baths
4,266 ft²
$3,692/ft²
$15,750,000
May 22, 2023
-
$15,969/mo
In Contract
Condo
5
Beds
6
Baths
4,510 ft²
$3,659/ft²
$16,500,000
Jan 22, 2024
-
$6,185/mo
Active
Condo
4
Beds
4
Baths
2,783 ft²
$5,372/ft²
$14,950,000
Apr 22, 2024
-
$7,416/mo
Condo
3
Beds
4
Baths
3,250 ft²
$4,615/ft²
$15,000,000
Jun 12, 2023
-
$18,729/mo
Active
Condo
3
Beds
4
Baths
3,228 ft²
$4,306/ft²
$13,900,000
Mar 11, 2024
-
$4,534/mo
Active
Condo
2
Beds
3
Baths
2,500 ft²
$5,980/ft²
$14,950,000
Mar 14, 2024
-
$6,160/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
11/08/2023
|
2 Bed
|
2 Bath
|
1250 ft²
|
$3,300,000
2 Bed
2 Bath
1250 ft²
|
$3,200,000
-3.03%
01/18/2024
|
-
|
Deborah Baum
Corcoran Group
|
|
11/02/2023
|
2 Bed
|
2 Bath
|
-
|
$2,750,000
2 Bed
2 Bath
|
$2,575,000
-6.36%
03/13/2024
|
-
|
Mindy Feldman
Brown Harris Stevens Residential Sales LLC
|
|
07/27/2023
|
1 Bed
|
1 Bath
|
-
|
$1,315,000
1 Bed
1 Bath
|
$1,315,000
11/08/2023
|
janet brenner
Compass
|
||
10/19/2022
|
2 Bed
|
3 Bath
|
-
|
$4,500,000
2 Bed
3 Bath
|
$4,500,000
03/09/2023
|
-
|
David Kornmeier
Brown Harris Stevens Residential Sales LLC
|
|
02/14/2022
|
3 Bed
|
3 Bath
|
2950 ft²
|
$6,450,000
3 Bed
3 Bath
2950 ft²
|
$6,200,000
-3.88%
08/10/2022
|
-
|
Pamela Oconnor
Sothebys International Realty
|
|
12/08/2020
|
3 Bed
|
4 Bath
|
3900 ft²
|
$8,995,000
3 Bed
4 Bath
3900 ft²
|
$8,500,000
-5.50%
09/08/2021
|
-
|
Jonathan Perrelli
Serhant
|
|
11/13/2020
|
4 Bed
|
5 Bath
|
4500 ft²
|
$13,995,000
4 Bed
5 Bath
4500 ft²
|
$12,000,000
-14.26%
04/18/2022
|
-
|
Jonathan Perrelli
Serhant
|
|
08/19/2020
|
1 Bed
|
1 Bath
|
850 ft²
|
$1,250,000
1 Bed
1 Bath
850 ft²
|
$1,165,000
-6.80%
04/20/2021
|
Michal Kravarik
Brown Harris Stevens Residential Sales LLC
|
||
05/18/2016
|
2 Bed
|
2.5 Bath
|
-
|
$5,500,000
2 Bed
2.5 Bath
|
-
-
|
-
|
Pamela Oconnor
Sothebys International Realty
|
|
05/17/2016
|
3 Bed
|
3.5 Bath
|
-
|
$7,500,000
3 Bed
3.5 Bath
|
-
-
|
-
|
Pamela Oconnor
Sothebys International Realty
|
|
05/16/2016
|
5 Bed
|
5.5 Bath
|
-
|
$12,600,000
5 Bed
5.5 Bath
|
$12,600,000
02/05/2021
|
-
|
Pamela Oconnor
Sothebys International Realty
|
|
03/01/2016
|
2 Bed
|
3 Bath
|
-
|
$6,495,000
2 Bed
3 Bath
|
-
-
|
-
|
Amanda Brainerd
Brown Harris Stevens Residential Sales LLC
|
|
12/02/2015
|
2 Bed
|
2 Bath
|
1291 ft²
|
$3,000,000
2 Bed
2 Bath
1291 ft²
|
-
-
|
-
|
Sofia Dmitriyeva
R New York
|
|
12/02/2015
|
4 Bed
|
4 Bath
|
-
|
$7,000,000
4 Bed
4 Bath
|
-
-
|
-
|
SETH HIRSCHHORN
Corcoran Group
|
|
11/16/2015
|
6 Bed
|
4 Bath
|
-
|
$10,000,000
6 Bed
4 Bath
|
-
-
|
-
|
Sofia Dmitriyeva
R New York
|
|
08/14/2015
|
2 Bed
|
4 Bath
|
-
|
$10,300,000
2 Bed
4 Bath
|
$10,300,000
02/05/2021
|
-
|
Pauline Evans
Sothebys International Realty
|
|
08/04/2015
|
1 Bed
|
1 Bath
|
850 ft²
|
$1,234,200
1 Bed
1 Bath
850 ft²
|
$1,234,200
11/05/2015
|
Scott Morrow
Temple Morrow, LLC
|
||
06/08/2015
|
5 Bed
|
5.5 Bath
|
-
|
$13,995,000
5 Bed
5.5 Bath
|
-
-
|
-
|
Luis D Ortiz
Douglas Elliman Real Estate
|
|
03/23/2015
|
4 Bed
|
4.5 Bath
|
4850 ft²
|
$25,000,000
4 Bed
4.5 Bath
4850 ft²
|
-
-
|
-
|
Matthew Morris
Berkshire Hathaway HomeServices New York Propertie
|
|
02/22/2015
|
3 Bed
|
3 Bath
|
2450 ft²
|
$6,200,000
3 Bed
3 Bath
2450 ft²
|
-
-
|
-
|
Lydia Sussek
Elliman
|
|
01/06/2015
|
2 Bed
|
2 Bath
|
1149 ft²
|
$3,200,000
2 Bed
2 Bath
1149 ft²
|
$3,200,000
04/14/2015
|
Lydia Sussek
Douglas Elliman Real Estate
|
||
12/16/2014
|
3 Bed
|
3.5 Bath
|
-
|
$9,200,000
3 Bed
3.5 Bath
|
$9,200,000
02/05/2021
|
-
|
Madlena Krucher
Halstead Property, LLC
|
|
03/24/2014
|
3 Bed
|
2 Bath
|
-
|
$11,950,000
3 Bed
2 Bath
|
-
-
|
-
|
Luis D Ortiz
Douglas Elliman Real Estate
|
|
02/26/2014
|
1 Bed
|
1 Bath
|
-
|
$1,950,000
1 Bed
1 Bath
|
$1,900,000
-2.56%
09/04/2014
|
Marilyn Fleming
Halstead dba Brown Harris Stevens Residential Sales LLC
|
||
09/21/2013
|
2 Bed
|
2 Bath
|
1700 ft²
|
$1,400,000
2 Bed
2 Bath
1700 ft²
|
-
-
|
-
|
Jesse Temple
Elliman
|
|
07/04/2013
|
3 Bed
|
4 Bath
|
-
|
$13,950,000
3 Bed
4 Bath
|
-
06/23/2014
|
Pamela Oconnor
Sothebys International Realty
|
||
11/29/2006
|
Studio
|
1 Bath
|
-
|
$500,000
Studio
1 Bath
|
$500,000
04/03/2007
|
Sheila Meisel
Brown Harris Stevens Residential Sales LLC
|
Building Info
Southmoor House
230 Central Park South, New York, NY 10019
- 78 Units
- 1 Unit for Sale
About Midtown Manhattan
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