According to NYPost.com, the rent stabilized tenant at 400 Central Park west apt 1R is trying to illegally combine this 2bd/2ba apartment with the adjacent studio that they own. Apartment 1R is being rented for $1183 per month in a market where similar apartments in the same building have been rented for upwards of $5,000 and similar apartments have sold for nearly $2 million. According to the landlorrd, the tenant is illegally trying to combine this apartment with the studio apartment next door that they own.
400 Central Park west is a doorman condo with approximately 414 apartments, live-in-super, exercise room, laundry room, and playroom. The building is located at the corner of 100th street and Central Park west.
400 Central Park west, a 19 story condo with low monthly charges, and over 400 units has only one available condo for sale. It is apartment 19T which is a JR1 that can easily be converted to a 1 bedroom. The apartment features hard wood floors, plenty of closets, a galley kitchen and a beautiful view of the entire northern section of Central Park and a peak of the Ed Koch bridge.
The asking price is $770k. CC $402 per month and taxes $220 per month.
Part of the reason that there are so few apartments for sale is that besides Central Park, you have Whole Foods, Michael’s, TJ Maxx, Modell’s and Bare burger right around the corner. The building offers parking(wait list) for a reasonable $204 per month and has a laundry room, exercise room, bike storage and an easy sublet policy.
According to the NYPost, the upper upper west side from 96th street to 110th street is a section of Manhattan to take a closer look if you are considering purchasing. I have lived in this neighborhood for 11 years in Park West Village- where 4 of the 7 seven buildings are condos and 3 remain rentals. Over the last several years, we have seen the emergence of the Columbus Square shopping center with Whole Foods as the anchor and recent additions include Bare Burger and Yogurt land.
Often overlooked and not mentioned in the NY Post article, the Park West Village condos include 372,382,392 and 400 Central Park west. One of the few condos on Central Park west, prices have risen but still are a reasonable $1500-1600 per square foot on average with very low monthly charges. Common charges and taxes together for these postwar buildings are about $1 per square foot. So a 1140 square foot 2bd/2ba with a balcony can be had for about $1.8-$1.9 million with monthly charges of about $1200 per month. How many buildings can make that claim?
The Vaux condo as seen from Central Park west. Corner apartments are 2bd/2ba with terrace
Another offering is the redesigned 360 Central Park west which is at the corner of 96th street and Central Park west. Prices start around $1.6 million for a 1 bedroom apartment.
Today, apartment 10C, a south facing 2bd/2ba in 400 Central Park west sold for $1.688 million. The apartment had bright southern exposures as well a western exposure. The monthly charges of taxes and common charges totalled roughly $1300. Park West Village is a cluster of 7 buildings – 4 of which are condos and 3 remain rentals. The condos are located at 372,382,392 and 400 CPW. 400 CPW just like the other buildings has 19 floors, a concierge, gym, childrens’ playroom, laundry room and a parking lot.
Kitchen looking towards the dining area
400 Central Park west is a postwar condo, located on the corner of 100 street and Central Park on Manhattan’s Upper west, and features studios to 2bd/2ba with some combination units being even larger. There are roughly 414 apartments and yet there is only one apartment available for sale which is a studio that is rented and being offered with the market rate tenant to potential investors. There aren’t any other 2 bedroom/2bath apartments available right now in 400 CPW.
This 19 story Upper west side condo sits at the corner of 97 street and Central Park west and originally featured studios to 2 bedroom apartments. Some combination apartments are even larger. One of the main reasons that buyers choose the Vaux condo is because of the low monthly charges which are approximately $1 per square foot. Additionally, the building features a concierge, live-in-super, on site management, gym, childrens’ playroom, plenty of outdoor seating areas and parking! Parking is on waitlist which is currently about 3 years.
The Vaux condo as seen from Central Park west. Corner apartments are 2bd/2ba with terraceCurrently there is one studio for sale in the 400 plus unit building for sale at just under $700k. A combination unit needing work (11XY) which was asking $2.195mm is in contract. It is a combination of a large 1 bedroom and a large studio apt.
A 2bedroom/2bath south facing condo has entered the market in the much sought after Park west Village. The convertible 3bedroom has a terrace open kitchen, 2 nice size bedrooms with ample closets and wood floors. It is in move in condition. The building amenities include a private garden,24 hour concierge, live in super, bike room, children’s playroom, gym, library,laundry and parking.(waitlist) First Open house Sunday February 15th 1-2pm.
If you are not familiar with Park West Village, it is a 7 building complex bounded by Central Park West, Columbus avenue, 97street and 100 street. There are 4 condo buildings with the addresses of 372,382,392, and 400 CPW. The other 3 buildings remain rentals. Continue reading 400 Central park west apt 10C NY,NY 10025 Market preview→
News about the NYC real estate residential and commercial markets provided and interpreted by an industry veteran licensed since 1999. Brian Silvestry of BSRG Inc. Licensed real estate broker
