Seller's Agent in 2024
Noble Black
Douglas Elliman Real Estate
(212) 891-7000
3 in this area
154 Total Sales
50 Central Park S Unit 24B New York, NY 10019
Midtown NeighborhoodEstimated Value: $3,721,000 - $7,426,000
3
Beds
3.5
Baths
3,895
Sq Ft
$9,916/mo
HOA Fee
Highlights
- Concierge
- 2-minute walk to 57 Street (F Line)
- Central Air
- P.S. 111 Adolph S. Ochs Rated A-
- Views
- 3-minute walk to Grand Army Plaza
About This Home
As of June 2024Welcome to the epitome of luxury living in the heart of New York City. Located in the coveted Ritz Carlton Residences and overlooking iconic Central Park, Residence 24B at 50 Central Park South is an exquisite three-bedroom, three-and-a-half bath home.
Upon entering, the residence has its own private hallway leading to a grand foyer entry. The foyer provides a majestic arrival to the grandeur and sophistication of this residence with American walnut hardwood and wood-paneled trim throughout. The foyer gives way to a meticulously designed living room with a beautiful decorative fireplace and sweeping views of Central Park. The impressive living area is bathed in an abundance of natural light and offers an unmatched sense of tranquility and serenity amidst the bustling cityscape. A powder room and two large coat closets are located just off the living space.
Near the living area is the home's primary bedroom which shares the same captivating views of Central Park. The lavish bedroom includes a large walk-in closet, dressing area, seating area and two primary bathrooms featuring a steam shower and radiant heated floors. The primary bedroom provides an ideal oasis of indulgence and relaxation.
The spacious floor plan seamlessly integrates the northern and southern wing of the apartment where the spacious second bedroom, library and kitchen are located. The gourmet, eat-in kitchen is adorned with Baltic pine cabinetry, wine refrigerator, six burner Viking stove and top-of-the-line stainless steel appliances. The corner kitchen also includes south and west exposures providing phenomenal light to the space. Adjacent to the kitchen is the home's second bedroom with an en-suite bathroom and ample closet space. A beautifully crafted, mahogany paneled library can serve as the home's third bedroom. There is also a dedicated laundry room and a small service kitchen.
Located amongst New York City's most prestigious residential buildings and hotels, the Ritz Carlton Residences offers a rare blend of privacy combined with the services and amenities of one the world's premier luxury hotel brands. Residents enjoy the benefit of a private entrance and lobby staff while having access to the Ritz Carlton health club, La Prairie Spa, restaurants, in-room dining and housekeeping services at an additional fee. The Ritz Carlton Residences is in close proximity to world-class shopping on Fifth Avenue and some of the city's most recognizable restaurants and landmarks including Central Park, Columbus Circle, Carnegie Hall and Lincoln Center.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $87,420
Year Built
- Built in 1931
HOA Fees
- $9,916 Monthly HOA Fees
Home Design
- 3,895 Sq Ft Home
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Laundry in unit
- Washer Dryer Allowed
Utilities
- Central Air
Additional Features
- Property Views
Listing and Financial Details
- Legal Lot and Block 1214 / 01274
Community Details
Overview
- 12 Units
- High-Rise Condominium
- Residences At Ritz Condos
- Central Park South Subdivision
- 33-Story Property
Amenities
- Concierge
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 31, 2023
Closed on
Jun 17, 2024
Sold by
Zhao Yizheng
Bought by
Cohen Martin and Cohen Michele
Seller's Agent
Noble Black
Douglas Elliman Real Estate
List Price
$18,500,000
Sold Price
$14,980,000
Premium/Discount to List
-$3,520,000
-19.03%
Total Days on Market
141
Views
97
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,226,581
Avg. Annual Appreciation
-66.25%
Purchase Details
Closed on
Nov 2, 2016
Sold by
Lehrman Susan Carmel
Bought by
Zhao Yizheng
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,325,000
Interest Rate
3.42%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 23, 2005
Sold by
St Moritz Holding Residential Llc
Bought by
Lehrman Susan Carmel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,750,000
Interest Rate
5.81%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cohen Martin | $14,980,000 | -- | |
| Zhao Yizheng | $20,500,000 | -- | |
| Zhao Yizheng | $20,500,000 | -- | |
| Lehrman Susan Carmel | -- | -- | |
| Lehrman Susan Carmel | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Zhao Yizheng | $13,325,000 | |
| Previous Owner | Lehrman Susan Carmel | $3,695,801 | |
| Previous Owner | Lehrman Susan Carmel | $6,750,000 | |
| Closed | Lehrman Susan Carmel | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/17/2024 06/17/24 | Sold | $14,980,000 | 0.0% | $3,846 / Sq Ft |
| 06/10/2024 06/10/24 | Off Market | $14,980,000 | -- | -- |
| 10/20/2023 10/20/23 | Pending | -- | -- | -- |
| 09/08/2023 09/08/23 | Price Changed | $14,980,000 | -10.0% | $3,846 / Sq Ft |
| 07/04/2023 07/04/23 | Price Changed | $16,650,000 | -10.0% | $4,275 / Sq Ft |
| 05/31/2023 05/31/23 | For Sale | $18,500,000 | -- | $4,750 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $83,977 | $671,711 | $170,460 | $501,251 |
| 2023 | $89,100 | $726,338 | $170,460 | $555,878 |
| 2022 | $87,196 | $712,673 | $170,460 | $542,213 |
| 2021 | $89,431 | $729,038 | $170,460 | $558,578 |
| 2020 | $92,114 | $807,468 | $170,460 | $637,008 |
| 2019 | $89,198 | $789,303 | $170,460 | $618,843 |
| 2018 | $84,822 | $725,810 | $170,460 | $555,350 |
| 2017 | $81,168 | $714,450 | $170,460 | $543,990 |
| 2016 | $77,786 | $684,870 | $170,460 | $514,410 |
| 2015 | $29,950 | $651,151 | $170,460 | $480,691 |
| 2014 | $29,950 | $587,547 | $170,460 | $417,087 |
Source: Public Records
Agents Affiliated with this Home
-
Noble Black
-
David Son
D
Seller Co-Listing Agent in 2024
David Son
Douglas Elliman Real Estate
(917) 613-7305
3 in this area
24 Total Sales
Map
Similar Homes in New York, NY
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10971819
APN: 1274-1214
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