CPW Towers market update

CPW Towers, aka Park West Village, the 4 building condo development, that runs between West 97th street and West 100th street and between Columbus and Central Park west, has low common charges and taxes, making it an affordable option for buyers. As a result, inventory though it increased has remained low. 

The buildings are 372,382,392, and 400 Central Park west. All 4 buildings are condo, though separately managed, they become condo about 25-30 years ago and are postwar buildings with similar amenities. They all have access to the playground in the middle of the development, have available parking(waitlist), live-in-supers, on-site management, community rooms, 24 hour concierges, gyms and laundry rooms in the basement. 

See below tables for current availability by building and apartment size. 

BuildingAvailableIn contract
Active inventory by unit size
Studio(545 sqft)50
Studio(648 sqft)01
1 bedroom11
1 bedroom w terrace53

CPW Towers July Market report

In another post, we will take a look at the sales data for the 4 buildings for the 2nd half of 2018. 

The Author- 

 Brian Silvestry , a licensed real estate broker, has been selling residential and commercial real estate since 1999. He has sold in every neighborhood from Battery Park City to Washington Heights.

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