$2,050,000
$900K PRICE DROP

The Plaza 1 Central Park S Unit 508 New York, NY 10019

Midtown Neighborhood

Estimated payment $15,352/month

Total Views 10,619
1 Bed
1 Bath
782 Sq Ft
$2,621 Price per Sq Ft

Highlights

  • Valet Parking
  • 1-minute walk to 5 Avenue-59 Street
  • High Ceiling
  • P.S. 111 Adolph S. Ochs Rated A-
  • Wood Flooring
  • 1-minute walk to Grand Army Plaza

About This Home

Welcome to Plaza Unit 508, where luxury living meets expansive outdoor bliss. The standout feature of this exquisite unit is the remarkable 522-square-foot terrace, offering an unparalleled outdoor experience.Step outside onto this terrace and enter a sprawling oasis reminiscent of a French Chateau. Overlooking a serene private courtyard adorned with a majestic fountain, this terrace offers a rare retreat exclusively for residents. Unit 508 stands out as one of the elite five with this privilege, coveted for its accessibility, generous width, and the warmth of direct sunlight.Once the guest suite of the famed Astor Suite, where luminaries like JFK and royal families once resided, Unit 508 has been transformed into a masterpiece. Renowned designer S.R. Gambrel has left an indelible mark, crafting a world-class setting of unparalleled magnificence. The result is a fusion of modern sophistication and timeless allure, where inviting tones of comfort blend seamlessly with bespoke cabinetry, creating an ambiance of unrivaled elegance.Inside, 12-foot ceilings adorned with crown molding exude grandeur, while southern exposure bathes the space in natural light. Herringbone wood floors lead the way to a bespoke kitchen, adorned with Nero Marquina marble countertops, Calacatta marble tile backsplash, and top-tier appliances by Viking and Miele. Central AC, automatic shades, and a washer-dryer add convenience, completing this picture of refined living.In Plaza Unit 508, luxury isn't just a concept; it's a way of life, epitomized by a terrace that redefines outdoor living in the heart of the city. Enjoy the vibrant surroundings of The Plaza, at the heart of New York's glamour, with world-class shopping, dining, and entertainment. The nearby Fifth Avenue shopping corridor, award-winning restaurants, and proximity to renowned museums and entertainment venues make The Plaza the epicenter of luxury living in New York City.

Listing Agent

Jim St. Andre

Compass License #40ST0979611

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $25,020

Year Built

  • Built in 1907

HOA Fees

  • $1,847 Monthly HOA Fees

Interior Spaces

  • 782 Sq Ft Home
  • Built-In Features
  • Crown Molding
  • High Ceiling
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • No Heating

Additional Features

  • Terrace
  • South Facing Home

Listing and Financial Details

  • Legal Lot and Block 1472 / 01274

Community Details

Overview

  • 163 Units
  • High-Rise Condominium
  • Central Park South Subdivision
  • 20-Story Property

Amenities

  • Valet Parking
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$25,020

Year Built

Built in 1907

Lot Details

0

HOA Fees

$1,847 per month

Listing Details

  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Central Park South
  • Entry Level: 5
  • Structure Type: High Rise, Mixed Use
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 20

Interior Features

  • Interior Features: Built-in Features, Crown Molding, Eat-in Kitchen, High Ceilings, Walk-In Closet(s)
  • Appliances: Dryer, Dishwasher, Gas Cooktop, Refrigerator, Range Hood, Washer
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 782.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 1

Exterior Features

  • View: No
  • Patio/Porch Features: Terrace

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Valet

Utilities

  • Laundry Features: Common On Floor, Common Area
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1847.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 0.000000x0.000000

Building Info

  • New Construction: No
  • Units: 163
  • Total Stories: 20
  • Year Built: 1907

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 01274
  • Tax Lot: 1472
  • Tax Annual: 25020.0

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2025 04/14/25 Price Changed $2,050,000 -10.7% $2,621 / Sq Ft
02/28/2025 02/28/25 Price Changed $2,295,000 -11.4% $2,935 / Sq Ft
12/12/2024 12/12/24 Price Changed $2,590,000 -12.2% $3,312 / Sq Ft
06/25/2024 06/25/24 For Sale $2,950,000 +54.0% $3,772 / Sq Ft
03/29/2024 03/29/24 Sold $1,915,200 +191519900.0% $2,449 / Sq Ft
01/26/2024 01/26/24 Pending -- -- --
12/07/2023 12/07/23 For Sale $1 -100.0% $0 / Sq Ft
11/04/2022 11/04/22 Sold $2,900,000 0.0% --
02/17/2021 02/17/21 For Sale $2,900,000 -- --
Source: Real Estate Board of New York (REBNY)

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10974284

Real Estate Board of New York (REBNY)