Park West Village is a 4 unit condo complex on Central Park West on Manhattan’s Upper west side. 372,382,392 and 400 CPW are all 19 story buildings with approximately 414 +/- units and share similar amenities and low monthly charges.
Sales by apartment size
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Active by apartment size
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There have been 3 small studios(approximately 545 sqft) sold in 6 months and there are 9 in the market. That translates to an inventory of 18 months which is why the prices have been dropping on that apartment size.
With only 2-2 bedrooms available for sale in all 4 buildings that size of apartment is in demand along with the 1 bedroom with terrace which only have 3.
The least expensive sale this year was apartment 5L in 400 CPW which sold for only $740,000 and the most expensive was a combination which sold for $5,445,000.
400 Central park west currently has 2 studios asking $710k and $738k which might end up selling for low $700’s or high $600’s.
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.