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  • 1 Central Park West, 316
  • 3 Rooms
  • 1 Beds
  • 1 Baths
  • $ 499,000
1 Central Park West Central Park West New York NY 10023
1 Central Park West Central Park West New York NY 10023
1 Central Park West Central Park West New York NY 10023
1 Central Park West Central Park West New York NY 10023
1 Central Park West Central Park West New York NY 10023
1 Central Park West Central Park West New York NY 10023
1 Central Park West Central Park West New York NY 10023
1 Central Park West Central Park West New York NY 10023
1 Central Park West Central Park West New York NY 10023
1 Central Park West Central Park West New York NY 10023
1 Central Park West Central Park West New York NY 10023
1 Central Park West Central Park West New York NY 10023
1 Central Park West Central Park West New York NY 10023
1 Central Park West Central Park West New York NY 10023
1 Central Park West Central Park West New York NY 10023
1 Central Park West Central Park West New York NY 10023
1 Central Park West Central Park West New York NY 10023
1 Central Park West Central Park West New York NY 10023

One Central Park West

1 Central Park West, 316

Central Park West   |   West 59th Street & West 60th Street

Price Drop
Condo [Full Service]
$ 499,000 [ 26.07% | $ 176,000 ]
Rooms 3
Bedrooms 1
Bathrooms 1
Status Active
Real Estate Taxes [Monthly] $ 1,033
Common Charges [Monthly] $ 5,541
ASF/ASM 709/66
Financing Allowed 90%
Listing ID: 926156

Photos

1 Central Park West Central Park West New York NY 10023
1 Central Park West Central Park West New York NY 10023
1 Central Park West Central Park West New York NY 10023
1 Central Park West Central Park West New York NY 10023
1 Central Park West Central Park West New York NY 10023
1 Central Park West Central Park West New York NY 10023
1 Central Park West Central Park West New York NY 10023
1 Central Park West Central Park West New York NY 10023
1 Central Park West Central Park West New York NY 10023
1 Central Park West Central Park West New York NY 10023
1 Central Park West Central Park West New York NY 10023
1 Central Park West Central Park West New York NY 10023
1 Central Park West Central Park West New York NY 10023
1 Central Park West Central Park West New York NY 10023
1 Central Park West Central Park West New York NY 10023

David Calderazzo

License

Broker/Owner


W: 212-828-0492

Floor Plan

1 Central Park West Central Park West New York NY 10023

David Calderazzo

License

Broker/Owner


W: 212-828-0492

Virtual Walkthroughs

Open external video link
1 Central Park West Central Park West New York NY 10023

Property Description

OVER $200,000 PRICE REDUCTION - FULL RENOVATION ASSESSMENT DISCOUNTED BY THE SELLER. FIRM PRICE.

Now offered at $499,000 , reduced from the original asking price of $715,000. The seller has discounted the purchase price to reflect the full cost of the upcoming renovation assessment. At this price, no further negotiation is anticipated.

Owners may personally occupy the residence for up to 179 days per year. During the remaining eligible days, the residence participates in the hotel's rental program and is professionally rented and managed by the hotel, offering a streamlined opportunity to generate income when the owner is not in residence.

Central Park and Columbus Circle are just outside your door-enjoy the ultimate New York lifestyle while generating income at the same time.

Welcome to Residence 314, a fully furnished, oversized luxury condominium within a five-star hotel on prestigious Central Park West. This turnkey residence offers a seamless combination of personal use and investment potential in one of Manhattan's most sought-after locations.

Residence 314 is scheduled to undergo a comprehensive three-month renovation from January 3 through March 31, 2028, as part of the hotel's property-wide renovation program. The project will include building improvements, repairs, and the replacement of furniture, fixtures, carpeting, and other finishes, delivering a beautifully refreshed hotel residence.

The estimated renovation assessment for Residence 314 is approximately $200,000. The seller has reflected the entire assessment in the dramatically reduced purchase price, creating an exceptional opportunity to acquire a newly renovated residence at a significant discount.

The apartment features expansive floor-to-ceiling windows showcasing dynamic views of Broadway and the surrounding Manhattan skyline. The open living and dining area is thoughtfully designed for both relaxation and entertaining while overlooking the energy of Columbus Circle.

A fully equipped kitchen with high-end stainless-steel appliances adds functionality and convenience. The spa-like marble bathroom features a sleek glass-enclosed shower and refined vanity, creating a clean, modern aesthetic.

Ownership includes access to exceptional five-star hotel services and amenities, including daily housekeeping and optional laundry valet. Residents enjoy a state-of-the-art fitness center, a 55-foot lap pool, sauna, steam room, business center, conference rooms with a library, bike storage, and a 24-hour attended garage with valet parking.

For dining, the renowned Jean-Georges restaurant is located within the building, with the additional convenience of in-room dining service.

Whether you are seeking a refined Manhattan pied-à-terre or a hassle-free investment, Residence 314 delivers personal enjoyment, professional hotel management, income potential, and exceptional value in one of New York City's most iconic locations.

OVER $200,000 PRICE REDUCTION - FULL RENOVATION ASSESSMENT DISCOUNTED BY THE SELLER. FIRM PRICE.

Now offered at $499,000 , reduced from the original asking price of $715,000. The seller has discounted the purchase price to reflect the full cost of the upcoming renovation assessment. At this price, no further negotiation is anticipated.

Owners may personally occupy the residence for up to 179 days per year. During the remaining eligible days, the residence participates in the hotel's rental program and is professionally rented and managed by the hotel, offering a streamlined opportunity to generate income when the owner is not in residence.

Central Park and Columbus Circle are just outside your door-enjoy the ultimate New York lifestyle while generating income at the same time.

Welcome to Residence 314, a fully furnished, oversized luxury condominium within a five-star hotel on prestigious Central Park West. This turnkey residence offers a seamless combination of personal use and investment potential in one of Manhattan's most sought-after locations.

Residence 314 is scheduled to undergo a comprehensive three-month renovation from January 3 through March 31, 2028, as part of the hotel's property-wide renovation program. The project will include building improvements, repairs, and the replacement of furniture, fixtures, carpeting, and other finishes, delivering a beautifully refreshed hotel residence.

The estimated renovation assessment for Residence 314 is approximately $200,000. The seller has reflected the entire assessment in the dramatically reduced purchase price, creating an exceptional opportunity to acquire a newly renovated residence at a significant discount.

The apartment features expansive floor-to-ceiling windows showcasing dynamic views of Broadway and the surrounding Manhattan skyline. The open living and dining area is thoughtfully designed for both relaxation and entertaining while overlooking the energy of Columbus Circle.

A fully equipped kitchen with high-end stainless-steel appliances adds functionality and convenience. The spa-like marble bathroom features a sleek glass-enclosed shower and refined vanity, creating a clean, modern aesthetic.

Ownership includes access to exceptional five-star hotel services and amenities, including daily housekeeping and optional laundry valet. Residents enjoy a state-of-the-art fitness center, a 55-foot lap pool, sauna, steam room, business center, conference rooms with a library, bike storage, and a 24-hour attended garage with valet parking.

For dining, the renowned Jean-Georges restaurant is located within the building, with the additional convenience of in-room dining service.

Whether you are seeking a refined Manhattan pied-à-terre or a hassle-free investment, Residence 314 delivers personal enjoyment, professional hotel management, income potential, and exceptional value in one of New York City's most iconic locations.


Listing Courtesy of Serhant LLC

David Calderazzo

License

Broker/Owner


W: 212-828-0492

Care to take a look at this property?

Apartment Features

A/C

View / Exposure

City Views
West Exposure
1 Central Park West Central Park West New York NY 10023
1 Central Park West Central Park West New York NY 10023

Building Details [1 Central Park West]

Ownership Condo
Service Level Full Service
Access Elevator
Pet Policy No Pets
Block/Lot 1113/7502
Building Type High-Rise
Age Post-War
Year Built 1960
Floors/Apts 44/155

Building Amenities

Bike Room
Business Center
Garage
Health Club
Hotel Style Service
Housekeeping
Laundry Rooms
Pool
Sauna
Steam Room
Valet Service

Building Statistics

$ 3,545 APPSF

Closed Sales Data [Last 12 Months]

Mortgage Calculator in [US Dollars]

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Loan Amount

David Calderazzo

License

Broker/Owner


W: 212-828-0492
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 REBNY Listing Service, Inc. All rights reserved. Additional building data provided by On-Line Residential [OLR].
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
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T01.50.0.0 | Core: 50.0.0
Built With OLR Built With OLR Fair Housing  |  Broker's Procedures Built With OLR
245 East 87th Street New York, NY 10128
T:   212-828-0492   |   Email:   david@dfnyre.com
T01.50.0.0 | Core: 50.0.0