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$1,277,250
List Price: $1,300,000
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1 Central Park West #408

Condo in Lincoln Square •  building info
1bd • 1.5ba • 1,016ft² $1,280 per ft²
Buy with Yoreevo

$1,277,250

List Price

$1,300,000

Key Details
Days on market
loading...
Last price change
No recorded changes
Estimated payment
$17,930/mo
Taxes
$2,601/mo
Common charges
$7,934/mo
Description
Welcome to Residence 408, a 1-bedroom, 1.5-bathroom condominium unit within a five-star hotel on prestigious Central Park West. This fully furnished executive park apartment features floor-to-ceiling windows showcasing amazing Central Park and Columbus Circle views. There is a fully equipped kitchen with high-end stainless-steel appliances, a separate dining area, and spa-like bathrooms. 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. This property is a great option for pied-a-terre for owners who travel to the city occasionally and want to enjoy potential income while not occupying the room. There is currently an ongoing special assessment for this unit of $1,372.27/month. Electricity is conveniently charged on the monthly common charges statement, and gas is included. A financial summary of property performance can be made available upon request. Residence 408 is scheduled to undergo a comprehensive three-month renovation from January 3, 2028 through March 31, 2028, as part of the hotel's property-wide renovation program. An additional $6,748.32/month assessment will run for 24 months from September 2026 to August 2028 to fund this approx. $222,711 renovation to the unit. The renovations are planned to include new luxury custom commercial-grade Restoration Hardware furniture, custom-designed draperies, and an easy-to-use, energy-efficient lighting system. The guest bathrooms are undergoing their first full structural redesign since opening and will feature exquisite White Calacatta natural stone, a walk-in shower, and a huge lit mirror to enhance natural light. Trump International Hotel and Tower is a Forbes Five-Star hotel. Residents can enjoy incredible hotel amenities, which include daily housekeeping, optional laundry valet, a state-of-the-art fitness center and spa, a 55-foot heated saltwater lap pool, sauna, and steam rooms. There are two Michelin-rated restaurants on-site, the highly sought-after Jean Georges and Nougatine. The tower is located at Manhattan's most prestigious address and location at the crossroads of Central Park, Columbus Circle, and the Upper West Side.

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Important Stuff
Elevator
Full Time Doorman
Home features
Central Air
Dishwasher
View

City, Park, Skyline

Building amenities
Services and facilities
Bike Room
Concierge
Fios Available
Laundry in Building
Live In Super
Parking

Garage, Valet

Wellness and recreation
Gym
Swimming Pool
Building info

History
9/2/26
Listed by Compass
$1,300,000
10/1/24
Status Change: In Contract to Sold
$1,237,500
$12,500
$1,237,500
7/26/24
Status Change: For Sale to In Contract
$1,250,000
5/13/24
Price decreased 3.5%
$1,250,000
$45,000

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What it'll cost
Purchase price
$1,300,000
Asking Price: $1,300,000
Term
30 Years
Down Payment
$130,000 (10%)
Min: 10% (130,000)
Rate
6.5 %
Mortgage Amount
$1,170,000
Mortgage Payment
$7,395
Common Charges
$7,934
Taxes
$2,601
Estimated Yoreevo rebate
$22,750
Estimated closing cost
$50,000
Total monthly cost $17,930
Buy your dream home with us and get an estimated
$22,750 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Compass

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