7
Map
$455,000
●
Co-op -
For Sale
257 CENTRAL Park W #5H
Manhattan, NY 10024
Studio
1 Bath
$3,498
Est. Monthly
$1,263
HOA / Fees
4.84%
Cap Rate
About This Property
Open house: Sat, Mar 22 (11:00AM - 12:30PM by appt only)
Firmly ensconced at the core and beating heart of the Big Apple, is a marvelous alcove studio gem. Located directly across from the magnificent Central Park, more than a home or "pied-a-terre", you will own a huge slice of the Big Apple by taking only a small bite!
This lovely alcove studio is in mint condition and offers a fully equipped separate kitchen, a marvelously renovated large bath, through the wall HVAC and beautiful hardwood floors. Housed in the magnificent and grand Orwell House, a full service, white glove cooperative on Central Park West, just walking into the lobby, shows that you have arrived in NYC!
The Orwell House is a white-glove, full-service building designed for comfort and convenience. It features a beautifully appointed lobby with original detailing, exuding timeless elegance. Residents enjoy 24-hour doorman and concierge services, elevator, a live-in superintendent, a fitness center, bike room, and private storage options. The building also includes a parking garage and a serene roof deck with stunning views of Central Park.
Pets and pied-a-terre are allowed, and the building permits financing up to 75% of the purchase price.
All information furnished regarding property of sale or rent or regarding financing is from sources deemed reliable, but Corcoran makes no warranty or representation as to the accuracy thereof. All property information is presented subject to errors, omissions, price changes, changed property conditions, and withdrawal of the property from the market, without notice.
Firmly ensconced at the core and beating heart of the Big Apple, is a marvelous alcove studio gem. Located directly across from the magnificent Central Park, more than a home or "pied-a-terre", you will own a huge slice of the Big Apple by taking only a small bite!
This lovely alcove studio is in mint condition and offers a fully equipped separate kitchen, a marvelously renovated large bath, through the wall HVAC and beautiful hardwood floors. Housed in the magnificent and grand Orwell House, a full service, white glove cooperative on Central Park West, just walking into the lobby, shows that you have arrived in NYC!
The Orwell House is a white-glove, full-service building designed for comfort and convenience. It features a beautifully appointed lobby with original detailing, exuding timeless elegance. Residents enjoy 24-hour doorman and concierge services, elevator, a live-in superintendent, a fitness center, bike room, and private storage options. The building also includes a parking garage and a serene roof deck with stunning views of Central Park.
Pets and pied-a-terre are allowed, and the building permits financing up to 75% of the purchase price.
All information furnished regarding property of sale or rent or regarding financing is from sources deemed reliable, but Corcoran makes no warranty or representation as to the accuracy thereof. All property information is presented subject to errors, omissions, price changes, changed property conditions, and withdrawal of the property from the market, without notice.
Unit Size
-
Days on Market
114 days
Land Size
-
Price per sqft
-
Property Type
Co-op
Property Taxes
-
HOA Dues
$1,263
Year Built
1906
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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%.
How much can I actually make?
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 6 days ago (RLS #RLS11023275)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 2, 2024 | Listed by Corcoran Group | $455,000 | |
| Listed by Corcoran Group | |||
| Dec 15, 2016 | Sold to Nelson J Perez Sosa | ||
| Sold to Nelson J Perez Sosa | |||
| Nov 2, 2011 | Sold to Diana S Phang | ||
| Sold to Diana S Phang | |||
Property Highlights
Garage
Doorman
Elevator
Parking Details
Has Garage
Interior Details
Full Bathrooms: 1
Interior Features: DiningArea
Laundry Features: BuildingOther
Rooms: 2
Basement: Other
Exterior Details
Year Built: 1906
Building Name: The Orwell House
Patio and Porch Features: None
Tax Lot: 0036
Location Details
HOA Fee: $1,263
HOA Fee Frequency: Monthly
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
Co-op
Stu
1.5
Baths
600 ft²
$798/ft²
$479,000
May 28, 2014
-
Feb 5, 2021
$840/mo
Co-op
Stu
1
Bath
-
$452,500
May 19, 2017
$452,500
Dec 28, 2017
$633/mo
Co-op
Stu
1
Bath
-
$460,000
May 11, 2015
$460,000
Jun 24, 2016
$618/mo
Condo
Stu
1
Bath
-
$525,000
Aug 29, 2024
$525,000
Jan 17, 2025
$1,041/mo
Co-op
Stu
1
Bath
-
$495,000
Sep 8, 2024
$495,000
Nov 20, 2024
$740/mo
In Contract
Co-op
Stu
1
Bath
425 ft²
$1,033/ft²
$439,000
Sep 7, 2023
-
$937/mo
In Contract
Co-op
Stu
1
Bath
550 ft²
$835/ft²
$459,000
Aug 14, 2024
-
$1,500/mo
Active
Co-op
Stu
1
Bath
371 ft²
$1,173/ft²
$435,000
Oct 18, 2024
-
$1,393/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
08/26/2024
|
3 Bed
|
2 Bath
|
-
|
$2,200,000
3 Bed
2 Bath
|
$2,200,000
01/16/2025
|
-
|
Janet Wilkinson
The Corcoran Group
| |
|
11/09/2023
|
4 Bed
|
3 Bath
|
-
|
$11,000,000
4 Bed
3 Bath
|
$9,100,000
-17.27%
08/15/2024
|
-
|
Tracie Hamersley
Citi Habitats, Inc.
| |
|
08/22/2023
|
2 Bed
|
2 Bath
|
-
|
$2,400,000
2 Bed
2 Bath
|
$2,325,000
-3.13%
03/14/2024
|
-
|
Kathleen Klech
Compass
| |
|
10/26/2022
|
4 Bed
|
3 Bath
|
-
|
$1,850,000
4 Bed
3 Bath
|
$1,750,000
-5.41%
12/22/2022
|
-
|
Susan Landau
Coldwell Banker Warburg
| |
|
07/29/2022
|
3 Bed
|
3 Bath
|
1800 ft²
|
$3,000,000
3 Bed
3 Bath
1800 ft²
|
$3,000,000
10/25/2022
|
-
|
Reba Miller
Berkshire Hathaway HomeServices New York Propertie
| |
|
04/25/2022
|
2 Bed
|
2 Bath
|
-
|
$1,650,000
2 Bed
2 Bath
|
$1,700,000
+3.03%
09/12/2022
|
-
|
Sandra Gansberg
Compass
| |
|
09/21/2021
|
2 Bed
|
2 Bath
|
-
|
$2,410,000
2 Bed
2 Bath
|
$2,410,000
01/14/2022
|
-
|
Elissa Fitzig
Corcoran Group
| |
|
05/07/2021
|
2 Bed
|
2 Bath
|
-
|
$1,800,000
2 Bed
2 Bath
|
$1,550,000
-13.89%
01/10/2022
|
-
|
Allison B Koffman
Sothebys International Realty
| |
|
04/19/2021
|
1 Bed
|
1 Bath
|
-
|
$1,075,000
1 Bed
1 Bath
|
$999,999
-6.98%
09/02/2021
|
-
|
Frances Katzen
Douglas Elliman Real Estate
| |
|
09/30/2020
|
3 Bed
|
3 Bath
|
-
|
$3,400,000
3 Bed
3 Bath
|
$3,400,000
12/23/2020
|
-
|
Scott Stewart
Corcoran Group
| |
|
06/20/2020
|
2 Bed
|
2 Bath
|
-
|
$2,750,000
2 Bed
2 Bath
|
$2,425,000
-11.82%
04/23/2021
|
-
|
Harry DiOrio
Elliman
| |
|
10/08/2019
|
3 Bed
|
3 Bath
|
-
|
$6,600,000
3 Bed
3 Bath
|
$6,600,000
04/03/2020
|
-
|
Lisa Lippman
Brown Harris Stevens
| |
|
05/29/2019
|
2 Bed
|
2 Bath
|
-
|
$1,650,000
2 Bed
2 Bath
|
$1,580,000
-4.24%
10/18/2019
|
-
|
Lisa Lippman
Brown Harris Stevens
| |
|
09/25/2018
|
2 Bed
|
2 Bath
|
-
|
$1,425,000
2 Bed
2 Bath
|
$1,100,000
-22.81%
10/04/2019
|
-
|
Amelia Gewirtz
Brown Harris Stevens Residential Sales LLC
| |
|
09/20/2018
|
2 Bed
|
2 Bath
|
-
|
$2,110,000
2 Bed
2 Bath
|
$2,110,000
09/05/2023
|
-
|
Pamela D Arc
Compass
| |
|
09/29/2017
|
1 Bed
|
2 Bath
|
600 ft²
|
$745,000
1 Bed
2 Bath
600 ft²
|
$695,000
-6.71%
07/30/2018
|
-
|
Deborah H Baum
Corcoran Group
| |
|
06/14/2017
|
1 Bed
|
1 Bath
|
-
|
$1,100,000
1 Bed
1 Bath
|
-
-
|
-
|
Mary Anne Fusco
Elliman
| |
|
04/29/2015
|
4 Bed
|
5 Bath
|
-
|
$4,495,000
4 Bed
5 Bath
|
$4,225,000
-6.01%
03/02/2016
|
-
|
Ann Cutbill Lenane
Douglas Elliman Real Estate
| |
|
04/18/2015
|
Studio
|
1 Bath
|
-
|
$345,000
Studio
1 Bath
|
$345,000
02/05/2021
|
-
|
Marilyn Mayers
Compass
| |
|
05/07/2014
|
4 Bed
|
5 Bath
|
-
|
$4,999,000
4 Bed
5 Bath
|
-
-
|
-
|
Ann Cutbill Lenane
Prudential Douglas Elliman Real Estate
| |
|
05/01/2014
|
Studio
|
1 Bath
|
-
|
$365,000
Studio
1 Bath
|
-
-
|
-
|
Reeh Cordell
Compass
| |
|
03/24/2014
|
2 Bed
|
2 Bath
|
-
|
$2,195,000
2 Bed
2 Bath
|
-
-
|
-
|
Helen Dreyfuss
Brown Harris Stevens
| |
|
03/24/2014
|
Studio
|
1 Bath
|
-
|
$370,000
Studio
1 Bath
|
$370,000
02/05/2021
|
-
|
Helen Dreyfuss
Brown Harris Stevens
| |
|
02/26/2014
|
3 Bed
|
3 Bath
|
-
|
$2,650,000
3 Bed
3 Bath
|
-
-
|
-
|
Helen Dreyfuss
Brown Harris Stevens
| |
|
10/09/2013
|
Studio
|
1 Bath
|
-
|
$385,000
Studio
1 Bath
|
$385,000
02/05/2021
|
-
|
Iris Shorin
Citi Habitats, Inc.
| |
|
09/20/2013
|
2 Bed
|
2 Bath
|
-
|
$1,225,000
2 Bed
2 Bath
|
-
-
|
-
|
DEIRDRE DERISI
Compass
| |
|
09/20/2013
|
Studio
|
1 Bath
|
-
|
$325,000
Studio
1 Bath
|
-
-
|
-
|
Ann Cutbill Lenane
Prudential Douglas Elliman Real Estate
| |
|
09/20/2013
|
4 Bed
|
3 Bath
|
-
|
$9,450,000
4 Bed
3 Bath
|
$9,150,000
-3.17%
03/11/2014
|
-
|
James Morgan
Compass
| |
|
08/05/2013
|
1 Bed
|
2 Bath
|
-
|
$540,000
1 Bed
2 Bath
|
$540,000
02/05/2021
|
-
|
Sofia Dmitriyeva
R New York
| |
|
04/16/2013
|
2 Bed
|
2 Bath
|
-
|
$1,695,000
2 Bed
2 Bath
|
$1,675,000
-1.18%
10/04/2013
|
-
|
Susan Silverman
The Corcoran Group
| |
|
04/10/2013
|
1 Bed
|
1 Bath
|
-
|
$799,000
1 Bed
1 Bath
|
$785,000
-1.75%
10/08/2013
|
-
|
Deirdre DeRisi
Elliman
| |
|
03/12/2013
|
2 Bed
|
2 Bath
|
1100 ft²
|
$1,950,000
2 Bed
2 Bath
1100 ft²
|
$1,900,000
-2.56%
10/29/2013
|
-
|
RONALD LENSE
Prudential Douglas Elliman Real Estate
| |
|
10/03/2012
|
Studio
|
-
|
-
|
$222,000
Studio
-
|
$222,000
02/05/2021
|
-
|
Reeh Cordell
Compass
|
Building Info
Orwell House
257 Central Park West, New York, NY 10024
- 73 Units
- 1 Unit for Sale
About Upper Manhattan
Similar Homes for Sale
Nearby Rentals
Listed by: Nestor D Noyola
Listing Courtesy of Corcoran Group
Last Updated: 6 days ago
Last Checked: 10 minutes ago
Data Source: REBNY (©2024 Real Estate Board of New York)
The information is being provided by REBNY Listing Service, Inc. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 REBNY Listing Service, Inc. All rights reserved. RLS Data display by RH Advisors.
Listing Courtesy of Corcoran Group
Last Updated: 6 days ago
Last Checked: 10 minutes ago
Data Source: REBNY (©2024 Real Estate Board of New York)
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc. CalDRE: 00494703
