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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. ©2025 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 for no listing shall the number of bedrooms listed be considered a legal conclusion.

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  1. Home
  2. Buy
  3. New York City
  4. Manhattan
  5. 10023
  6. 1 CENTRAL Park #48A
Property thumbnail
1 / 11
Condominium•Lincoln Square

1 CENTRAL Park #48A, New York City, NY 10023

Listing Courtesy of Corcoran Group

$17,750,000

Potential Rebate: $266,250

Condominium
4 Beds
5 Baths
8 Rooms
4,489 sqft
Built 1960
44 Stories
3,954/ft²
Listed on Nov 14, 2025
42 days on market
Book a Tour

Overview

The finest that NYC has to offer! Available fully-furnished and turnkey.<br> <br> Perfectly situated on the 48th floor of One Central Park West, this most-coveted A-line penthouse epitomizes both luxury and sophistication. Completely gutted and exquisitely reconstructed, this "Palace in the Sky" is truly one of a kind! Boasting triple corner exposures and over 190 ft of floor-to-ceiling glass, this residence offers unparalleled vistas-East, North, and Westward-to enjoy sunrise through sunset. The four bedroom, five full bath residence embodies the maxims "location, location, location" and "simple taste: simply the best". Directly on Central Park, 1CPW residents are surrounded by NYC's most luxurious shopping, three of NYC's four Michelin 3-star restaurants, Whole Foods, and Jazz at Lincoln Center. Within a few short blocks, you'll find The Metropolitan Opera, the New York Philharmonic, and world-class museums-The American Museum of Natural History, The New York Historical Society, The Museum of Modern Art, and The Metropolitan Museum of Art. Finished in only the finest materials and detailing, this PH is a stunner. Upon entering, you are welcomed by a gracious custom marble foyer that sets the tone for the grandeur that lies within. The foyer seamlessly transitions into the expansive corner living room, a space bathed in natural light and framed by full panoramic stunning views over Central Park and beyond, to the East and Northeast. Your gaze stretches endlessly over Central Park to see airplanes landing in the east, while to the west, the majestic Hudson River unfolds before you. Every room in this exquisite penthouse is graced with sweeping, panoramic views, ensuring a breathtaking visual at every turn. Adjacent to the living room is the formal dining room, perfect for hosting elegant dinners and intimate gatherings. The library offers mesmerizing full on park views, and is conveniently located off the foyer, creating a harmonious flow through the entertaining spaces. On the northern side of the apartment lies a "state of the art" custom kitchen, personally designed by Chef Jean-George Vongerichten- truly a gourmand's delight, with every imaginable appliance and ample space for concocting grand culinary events. Adjacent to the kitchen, an intimate dining area makes for seamless private meals. A service entrance near the kitchen for private staff makes entertaining and housekeeping a breeze, while doubling as a private entrance for the two back bedroom suites. As you pass down the hallway, you will find the two generously sized bedrooms, each featuring an en-suite full bath and awe-inspiring views. These bedrooms, with their cinematic vistas, offer an extraordinary living experience. The master bedroom suite is a sanctuary of luxury, featuring vast direct Central Park views and is flooded with natural light. The suite is further enhanced by three walk-in closets and two lavish, one-of-a-kind full baths-one of which includes a custom shower and a separate bathtub, providing the ultimate in relaxation and comfort. The library can be converted back into a fourth bedroom, complete with an ensuite bath. The layout is both generous and thoughtful, ensuring privacy and comfort for all who reside here. All suites feature electric shades and blinds, and a Sonos system is discreetly installed throughout the PH for entertaining and daily ambiance. From sunrise to sunset, this penthouse offers an unparalleled living experience, where every moment is framed by the most breathtaking views New York City has to offer. Amenities include white glove 24/7 concierge and doormen, Jean-Georges restaurant onsite with 24hr room service, a private roof garden, a full state-of-the-art gym, swimming pool, Turkish bath, and a spa offering massage, nail, and beauty treatments. There is an assessment of $5341.35/mo running 12 months from January 2025. <br> <br> We are proud to offer this PH as a 100% turnkey oasis, and it is available for Sale immediately, fully-furnished.

Home Features

  • •Central Air
  • •Washer Hookup
  • •In Unit
  • •Building Roof Deck
  • •Separate/Formal Dining Room
  • •City
  • •Park/Greenbelt
  • •River

Building Amenities

  • •Sauna

Estimated Monthly Payment

$98,658 per month

30 year fixed, 6.28% Interest

Principal and Interest
$87,709
Property Taxes
$0
Maintenance/Common Charges
$10,949

Estimated Rebate for this Home

One-time rebate at closing

$266,250

Monthly savings impact

$740/mo

💡 Estimated at 1.5% of purchase price

The rebate is paid to you at closing and can help offset closing costs or other expenses.

Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).

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Listings

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. ©2025 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 for no listing shall the number of bedrooms listed be considered a legal conclusion.

The Real Estate Rebate Team

Listing Courtesy of Corcoran Group

Data Source: TRESTLE #RLS20025977

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Price Analysis

Compare average listing prices and value metrics for One Central Park West against the surrounding Lincoln Square market.

Based on 16 active units in building vs 263 in area

Average List Price

Building$4.6M
Neighborhood$7.2M

Price Per SqFt

Building Avg$2,431/ft²
Neighborhood Avg$6,181/ft²
Value Opportunity

60.66% Lower

than the Lincoln Square price-per-sq-ft average

Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.

Lincoln Square

Overview of Lincoln Square

Lincoln Square is the cultural hub around Lincoln Center. It mixes art and commerce. For buyers seeking Lincoln Square Manhattan real estate, it offers culture at the doorstep.

Living in Lincoln Square is artistic. As a Manhattan NYC neighborhood, it is sophisticated.

Real Estate & Housing Market

The market for homes for sale in Lincoln Square is vibrant.

Lifestyle & Community

The lifestyle in Lincoln Square revolves around the arts.

Transportation & Accessibility

Lincoln Square is served by the 1 train.

Parks, Schools & Amenities

Central Park is adjacent.

Amenities: The Metropolitan Opera is next door.

Who This Neighborhood Is Best For

Lincoln Square is best for music and opera lovers.

Lincoln Square GuideAll Neighborhoods
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