--- title: "116 CENTRAL Park #3F, New York City, NY 10019" description: "116 CENTRAL Park #3F, New York City, NY 10019 — Central Park South, New York City, NY. Listing Price $925,000. Studio bed, 1 bath, 595 sqft Illustrative Buyer Commission Share of $13,875 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10019/116-central-park-3f-ny-10019" source: "Real Estate Rebate Team" dateModified: "2026-09-16T04:12:22.801Z" status: "Active" --- # 116 CENTRAL Park #3F, New York City, NY 10019 Central Park South, New York City, NY Courtesy of Corcoran Group Last updated: September 16, 2026, 12:12 AM ## At a Glance - **Listing Price**: $925,000 - **Beds**: Studio - **Baths**: 1 - **Sqft**: 595 - **Common Charges**: $1,372 / mo - **Price per Sqft**: $1,555 - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $925,000 - **Illustrative Buyer Commission Share**: -$13,875* - **Illustrative Net Cost**: $911,125 *Illustrative Buyer Savings of $13,875 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (9) ![116 CENTRAL Park #3F, New York City, NY 10019 — photo 1 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/de090911-64da-47b0-97c9-1be6454509eb.jpg) ![116 CENTRAL Park #3F, New York City, NY 10019 — photo 2 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4d308fae-4723-4830-9f4a-5886590c3348.jpg) ![116 CENTRAL Park #3F, New York City, NY 10019 — photo 3 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a68998e0-53b4-4a67-9c06-6a45cbd5f45c.jpg) ![116 CENTRAL Park #3F, New York City, NY 10019 — photo 4 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/0df3307a-698b-4ca5-94a4-74b119dda62c.jpg) ![116 CENTRAL Park #3F, New York City, NY 10019 — photo 5 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/df1dffdc-a90d-4d71-9646-0caae0696019.jpg) ![116 CENTRAL Park #3F, New York City, NY 10019 — photo 6 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/680fd85e-b054-4163-86a5-b8bf95fb6555.jpg) ![116 CENTRAL Park #3F, New York City, NY 10019 — photo 7 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7ec6c0a1-4fe5-4619-afcf-b046a171524b.jpg) ![116 CENTRAL Park #3F, New York City, NY 10019 — photo 8 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/9fc54ddb-1bef-4878-9763-c960164a05ab.jpg) ![116 CENTRAL Park #3F, New York City, NY 10019 — photo 9 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/9796cdb5-137b-4723-99f4-4e1f6800fd9c.jpg) ## Property Overview Welcome to Residence 3F at 116 Central Park South, a truly unique alcove studio distinguished by an extraordinary private terrace that dramatically expands the way this home can be enjoyed. The apartment features a well-proportioned layout with a generous living and dining area and a separate sleeping alcove that creates natural separation between living and sleeping spaces. Wide-plank hardwood floors add warmth throughout, while the flexible floor plan allows the home to live more like a junior one-bedroom than a traditional studio. The separate, windowed kitchen is thoughtfully finished with white cabinetry, contrasting dark countertops, and full-sized appliances. The updated bathroom features contemporary tilework and a glass-enclosed tub and shower, while a true walk-in closet provides an impressive amount of storage. What truly sets Residence 3F apart, however, is its massive private terrace. Spanning approximately 600 square feet, this exceptional outdoor space is nearly the size of the apartment itself and offers a rare opportunity to create a private outdoor retreat in the heart of Manhattan. There is ample room for multiple seating areas, outdoor dining, lounging, entertaining, gardening, or simply enjoying an open-air extension of the home. For pet owners, entertainers, or anyone who values substantial private outdoor space, the terrace makes 3F an offering unlike the typical Central Park South studio. 116 Central Park South is a full-service condominium located directly across from Central Park, offering 24-hour doorman service, elevator, fitness center, laundry room, garage, bicycle storage, and additional storage. The condominium is pet-friendly, pied-à-terre friendly, and investor-friendly, allowing up to two pets per apartment. Outside your door is one of Manhattan's most desirable locations. Central Park is directly across the street, while Columbus Circle, Fifth Avenue, Madison Avenue, Carnegie Hall, Lincoln Center, MoMA, the Theater District, Whole Foods and Morton Williams are all within easy reach. Transportation options are equally exceptional, with access to the A, B, C, D, E, F, N, Q, R and 1 subway lines nearby. Residence 3F combines an efficient and beautifully updated interior with something extraordinarily difficult to replicate in Manhattan: approximately 600 square feet of private outdoor space on Central Park South. It is a distinctive home offering the convenience of full-service condominium living and the luxury of having a remarkable private terrace all your own. ## Property Details - **Property Type**: Condominium - **Baths**: 1 - **Rooms**: 2 - **Sqft**: 595 sqft - **Stories**: 17 - **Year Built**: 1962 - **Price per Sqft**: $1,555 - **Common Charges**: $1,372 / Monthly - **Listed On**: Sep 8, 2026 - **Days on Market**: 23 Days ### Residence Features - Building Other - Building Courtyard ## Estimated Monthly Payment **$6,049 / month**, assuming a 20% down payment ($185,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $4,677 - **Common Charges**: $1,372 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Sales and market data ### Recent sales 16 apartments at Park House have recorded sales since September 2021, the most recent for $750,000 in April 2026. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | 4E (Apartment) | Studio | 595 | $750,000 | $1,261/ft² | April 17, 2026 | City record · MLS | | 9B (Apartment) | 1 | 767 | $740,000 | $965/ft² | January 23, 2026 | City record · MLS | | 3E (Apartment) | Studio | 688 | $695,000 | $1,010/ft² | October 29, 2025 | City record · MLS | | 8N (Apartment) | 2 | 1,355 | $1,999,995 | $1,476/ft² | September 3, 2025 | City record · MLS | | 4F (Apartment) | Studio | 595 | $775,000 | $1,303/ft² | June 20, 2025 | City record · MLS | | 6B (Apartment) | — | 767 | $900,000 | $1,173/ft² | June 17, 2025 | City record | | 5-B (Apartment) | 1 | 800 | $995,000 | $1,244/ft² | May 18, 2023 | City record · MLS | | 9D (Apartment) | 1 | 901 | $1,045,000 | $1,160/ft² | March 30, 2023 | City record · MLS | | 8B (Apartment) | 1 | 770 | $999,000 | $1,297/ft² | January 23, 2023 | City record · MLS | | PH-A (Apartment) | 2 | 1,200 | $2,000,000 | $1,667/ft² | December 1, 2022 | City record · MLS | | 11-N (Apartment) | 2 | 1,368 | $4,000,000 | $2,924/ft² | October 26, 2022 | City record · MLS | | 4C (Apartment) | 1 | 854 | $1,150,000 | $1,347/ft² | June 21, 2022 | City record · MLS | | 6C (Apartment) | — | 854 | $900,000 | $1,054/ft² | June 14, 2022 | City record | | 8G (Apartment) | 1 | 516 | $748,000 | $1,450/ft² | March 17, 2022 | City record | | PH-N (Duplex) | 2 | 1,506 | $4,700,000 | $3,121/ft² | February 9, 2022 | City record · MLS | | 9A (Apartment) | 2 | 1,200 | $2,475,000 | $2,063/ft² | December 6, 2021 | City record · MLS | Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below. ### How this price compares - **This home**: $925,000 - **Median sold price**: $750,000 - **Difference**: +$175,000 (+23.3%) - **This home, $/ft²**: $1,555 - **Median $/ft²**: $1,261 - **Comparable sales**: 3 - **Sales from**: June 2025 – April 2026 - **Middle half of those sales**: $722,500 – $762,500 Based on studio sales at Park House. ### How these sales were negotiated - **Sale-to-list price**: 100% (3 sales) - **Sold below asking**: 33% (3 sales) - **Typical time to find a buyer**: 68 days (3 sales) - **Typical time to close**: 80 days (3 sales) Based on studio sales at Park House with the required listing and closing data. Sample sizes vary by metric. These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure. ### Price trend Median price per square foot, sales at Park House | Year | Median $/ft² | Sales | | --- | --- | --- | | 2018 | $1,450/ft² | 3 (thin) | | 2019 | $1,750/ft² | 3 (thin) | | 2021 | $1,851/ft² | 3 (thin) | | 2022 | $1,558/ft² | 6 | | 2023 | $1,244/ft² | 3 (thin) | | 2025 | $1,238/ft² | 4 (thin) | Based on recorded sales at Park House. Years marked "thin" rest on fewer than 5 sales, where a single unusual apartment moves the median a long way. Read those points as the small samples they are rather than as the market turning. Sales data through April 2026. Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for. [See every recorded sale at Park House](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/park-house) ## Price and Property History for 116 CENTRAL Park, Unit 3F Review the recorded listing activity for 116 CENTRAL Park, Unit 3F, including asking-price changes and prior market dates. - **Last sold (recorded)**: $940,000 on November 15, 2013 | Date | Price | Listing event | | --- | --- | --- | | September 8, 2026 | $925,000 | Listed for sale by Corcoran Group | | November 15, 2013 | $940,000 | Sold — recorded sale price | | July 23, 2013 | $975,000 | Listed for sale by Elliman | ## Property Tax History Taxes at 116 CENTRAL Park #3F were $8,292 in 2026, down 0.2% from 2025. | Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate | | --- | --- | --- | --- | --- | --- | --- | | 2026 (FY 2026/27) | $66,332 | $15,101 | $51,231 | $66,332 | $8,292 | 12.5% (estimated) | | 2025 (FY 2025/26) | $68,518 | $15,101 | $53,417 | $66,479 | $8,310 | 12.5% (estimated) | | 2024 (FY 2024/25) | $67,207 | $15,101 | $52,106 | $67,207 | $8,401 | 12.5% | | 2023 (FY 2023/24) | $63,449 | $15,101 | $48,348 | $63,449 | $7,932 | 12.502% | | 2022 (FY 2022/23) | $67,444 | $15,101 | $52,343 | $67,444 | $8,273 | 12.267% | | 2021 (FY 2021/22) | $65,781 | $15,101 | $50,680 | $65,781 | $8,048 | 12.235% | | 2020 | The City did not publish assessment data for this year. | — | — | — | — | — | | 2019 | The City did not publish assessment data for this year. | — | — | — | — | — | | 2018 (FY 2018/19) | $71,280 | $15,101 | $56,179 | $58,857 | $7,423 | 12.612% | | 2017 (FY 2017/18) | $61,702 | $15,101 | $46,601 | $54,218 | $6,896 | 12.719% | | 2016 (FY 2016/17) | $57,784 | $15,101 | $42,683 | $50,681 | $6,534 | 12.892% | | 2015 (FY 2015/16) | $53,628 | $15,101 | $38,527 | $47,452 | $6,113 | 12.883% | | 2014 (FY 2014/15) | $49,911 | $15,101 | $34,810 | $44,569 | $5,729 | 12.855% | | 2013 (FY 2013/14) | $48,076 | $15,101 | $32,975 | $42,429 | $5,282 | 13.145% | | 2012 (FY 2012/13) | $46,326 | $15,101 | $31,225 | $41,705 | $5,199 | 13.181% | | 2011 (FY 2011/12) | $41,632 | $15,101 | $26,531 | $40,456 | $5,131 | 13.433% | | 2010 (FY 2010/11) | $45,068 | $15,101 | $29,967 | $43,251 | $5,496 | 13.353% | The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one. Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls. Figures are the New York City Department of Finance assessment roll for tax lot 1010115009. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change. [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### Park House Central Park South · Condominium 116 CENTRAL Park, New York, NY 10019 A building in Central Park South, currently featuring 2 active listings. - **Year Built**: 1962 - **Active Units**: 2 - **Floors**: 17 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/park-house) ### Available Residences — For Sale (2) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [3F](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10019/116-central-park-3f-ny-10019) | Studio | 1 | 595 sqft | $1,555 | $925,000 | Corcoran Group | Sep 8, 2026 | 22 days | | [9A](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10019/116-central-park-9a-ny-10019) | 2 | 2 | 1,200 sqft | $2,229 | $2,675,000 | Corcoran Group | Aug 6, 2026 | 55 days | ## Central Park South Overview of Central Park South [Explore Central Park South](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/central-park-south) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Central Park South - [Upper West Side real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/upper-west-side) - [Upper East Side real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/upper-east-side) - [Roosevelt Island real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/roosevelt-island) - [East Harlem real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/east-harlem) - [Morningside Heights real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/morningside-heights) - [Theater District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/theater-district) ## Related Links - [Park House — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/park-house) - [Central Park South neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/central-park-south) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. > All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.