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The Plaza, 1 Central Park South, #PH2003PH2009

$60,000,000 ($5,831 per ft2) -14.3% | 6+ beds, 6+ baths | Approx. 10,290 ft2
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135 days on Market

Key Details

  • Listed: Dec 14, 2023
    Last Price Change: -14.3% ($10M) on Feb 29
    Days on Market: 135
    Building Type: Condominium
    Neighborhood: Midtown West (Manhattan)
    Doorman: FT Doorman
    Listing viewed 1,941 times
Monthly Common Charges: $18,069
Monthly Real Estate Taxes: $20,681
Total Taxes & Fees: $38,750 ($3.77/ft2)
Est. Monthly Mortgage: $331,361
Total Est. Monthly Carrying Cost: $370,111 ($35.97/ft2)
Note: the above is based on a down payment of 20% ($12,000,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Spacious and Luxurious Living: The private triplex residence offers over 10,000 square feet of private and guest quarters, featuring an 82-foot-long terrace with an incomparable view of Central Park. It is comprised of 4 bedrooms, 4.5 baths, study, formal dining, formal living room, skylit eat-in chef’s kitchen, and a family/media room.
  • Guest Quarters: The duplex guest home boasts a double foyer grand entry, an elegant great room, large butler’s kitchen, and a sweeping staircase to the guest quarters.
  • Principal Bedroom Features: The principal bedroom features a white marble surround wood-burning fireplace, Central Park views, and a 5-fixture majestic marble bath.
  • Hotel Amenities and Services: Residents have access to the hotel’s notable restaurants, spa, fitness center, and other amenities. The building offers a 24-hour concierge and doorman, nanny service, limousine service, turn-down service, and a private butler.
  • Iconic Location: This property is located in the iconic Plaza Hotel & Residences, a French Renaissance chateau-style architectural masterpiece, situated on Central Park South, Manhattan’s most sought after address. The Plaza Hotel is a national historic landmark with a rich history of hosting world leaders, dignitaries, Broadway legends, and Hollywood royalty.
  • Additional Features and Proximity: The building is equipped with high ceilings, period moldings, and mantelpieces. It offers a full-service garage, resident storage, a business center, party room, event room, fitness center, outdoor entertainment space, courtyard, in-unit washer/dryer, fireplaces, and terraces/balconies. Located close to some of the best shopping and nightlife in New York City, as well as public transportation.

Description

NEW TO MARKET Double Plaza Penthouses - never before, never again. The epitome of luxury, The Plaza Hotel & Residences, circa 1907, remains a global iconic piece of architecture inspired by French Renaissance chateau-style. The Plaza is the epicenter of everything glamorous in New York City since the turn of the century.

The Gilded Age comes to life atop The Plaza Hotel in its pinnacle penthouse trophy residences. A mansion at its apex includes over 10,000 +/- square feet of private and guest quarters and an 82-foot-long terrace with an incomparable vantage point of Central Park stretching to its far north vistas. Simply put, the view, the grandeur, the romance of The Plaza Hotel is yours in these two extraordinary neighboring triplex and duplex penthouses.

The 6,316 +/- square foot private triplex residence has its own elevator and is comprised of 4 bedrooms, 4.5 baths, study, formal dining, formal living room with magnificent marble bar as its centerpiece, skylit eat-in customized chef’s kitchen with colossal pantry, family/media room with gas fireplace, and the most sumptuous primary suite with double dressing rooms and spa baths. The 3,974 +/- square-foot duplex guest home with its own in-unit elevator is located on the 20th and 21st floors and boasts a double foyer grand entry, an elegant great room, large butler’s kitchen, powder room and a sweeping staircase to the guest quarters. The guest quarters is comprised of 3 bedrooms and 3 full baths.

The principal bedroom features a white marble surround wood-burning fireplace, Central Park views, gracious sitting room and a 5-fixture majestic marble bath. The entertaining loggia has sliding doors onto the terrace. The terrace is flanked by the notable green copper pattern cresting on its mansard roof at the top of The Plaza Hotel.

The private and guest quarters are connected on the 21st floor by the lengthy terrace and both residences enjoy sweeping panoramic views of Central Park and the best-of-the-best in the interior design of both residences. With 10,290 +/- square feet of interior space and 706 +/- square feet of outdoor terrace, these trophy Plaza Penthouses offer an unparalleled lifestyle of living in the crown of the most famous hotel in the world. The Plaza Hotel is a national historic landmark. World leaders, dignitaries, captains of industry, Broadway legends, Hollywood royalty and of course, the famous Eloise are all part of its history.

Designed by the renowned Henry Janeway Hardenbergh whose accomplishments include the Fairmont Copley Plaza in Boston and the Dakota apartments on the Upper West Side, his legacy has stood the test of time. The Plaza’s opulent elegance remains as beautiful today as it was a century ago. From the moment you arrive in the lobby of the Plaza Hotel Residences, you are transported back in time to a place of majesty with its marble walls, crystal chandeliers, curated flower arrangements and European flair.

After a day of boutique designer shopping along Manhattan’s famous Fifth Avenue corridor, enjoy an afternoon tea in the Palm Court or cocktail hour in the Plaza’s elegant Champagne Bar, or pamper yourself in the Guerlain spa and Plaza fitness center. There are so many glass high rises, but there is only one Plaza and it is located on Central Park South, Manhattan’s most sought after address.

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Apartment Amenities

  • City View
  • Wood Burning Fireplace

Listing Agent (Seller's Representative)

Listing courtesy of Sothebys International Realty

Pricing History

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About The Plaza, 1 Central Park South

99

The Plaza, 1 Central Park South has received a CityRealty Rating of 99, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

36
Out of 44
+
31
Out of 36
+
23
Out of 39
+
9
=
99
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Very Distinguished 7 out of 8 points
Retail Quality:
High-End 5 out of 5 points
Canopy Entrance:
Dramatic 3 out of 3 points
Alterations:
Well Done 1 out of 2 points
Plaza Or Atrium:
Very Attractive 3 out of 3 points
Contextual Design:
Yes and Good 2 out of 3 points
Skyline:
Highly Visible 2 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Enclosed 1 out of 2 points
Airconditioners:
Not Allowed 2 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
Exists 1 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
Individual Designation 2 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
Yes 1 out of 1 points
Water Element:
Yes 1 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Outstanding 5 out of 5 points
Distance To Neighborhood Center:
Less than 10 blocks 5 out of 5 points
Views:
Dazzling 4 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
A lot 0 out of 3 points
Protected Views:
Many 2 out of 2 points
Distance To Subway:
Less than 3 Short Blocks 2 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
More than 5 Short Blocks 0 out of 2 points
Distance To Park:
Less Than 3 Short Blocks 2 out of 2 points
Distance To Water:
Less than 3 Short Blocks 2 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Spacious 4 out of 5 points
Units Per Floor:
10-15 1 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
Some 1 out of 3 points
Health Club:
Yes 1 out of 2 points
Private Gardens:
Substantial 2 out of 2 points
Storage Rooms:
Minimal 1 out of 2 points
Bay Windows:
Some 1 out of 1 points
Fireplaces:
Some 1 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
Yes 1 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
Some 1 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
Yes 1 out of 1 points
Non Rectilinear Form:
Yes 1 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Many 2 out of 2 points

Building Amenities

  • Conversion Year: 2007
  • Attended Lobby
  • Concierge
  • FT Doorman
  • High-Rise
  • Pre War
  • Resident Storage
  • Central AC
  • Full Service Garage
  • Garden
  • Health Club
  • Washer/Dryer in building
  • Elevator
  • Business Center
  • Party Room
  • Event Room
  • Fitness Center
  • Outdoor Entertainment Space
  • Courtyard
  • In-Unit Washer/Dryer
  • Fireplaces
  • Landmarked
  • Live-In Superintendent
  • Restaurant
  • Terraces / Balconies

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Pros
  • World-famous landmark
  • Great lobby
  • Great entrances
  • Sidewalk landscaping
  • Hotel services
  • Some balconies
  • Excellent public transportation
  • Catering
  • Excellent shopping
  • Concierge
  • Doorman
  • Overlooks Central Park
  • Close to Subway
  • Oak Bar
Cons
  • Many apartments
  • No roof deck
  • Considerable traffic
  • Mixed-use project also has hotel and retail
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Subways

  1. Q
  2. N
  3. R
at 5th Ave and 60th 0.06 miles
  1. F
at 6th Ave 0.17 miles
  1. M
  2. E
at 5th Ave and 53rd 0.31 miles
  1. 4
  2. 5
  3. 6
at Lexington Ave and 60th 0.37 miles
  1. B
  2. D
at Broadway and 53rd 0.40 miles
  1. 1
  2. A
  3. C
at Central Park West and 60th 0.46 miles

Aerial Imagery

 

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