--- title: "478 CENTRAL Park #5B, New York City, NY 10025" description: "478 CENTRAL Park #5B, New York City, NY 10025 — Manhattan Valley, New York City, NY. Listing Price $2,600,000. In contract 9/3/2026. 3 bed, 3 bath, 1,580 sqft Illustrative Buyer Commission Share of $39,000 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10025/478-central-park-b-5B-ny-10025" source: "Real Estate Rebate Team" dateModified: "2026-09-03T15:23:36.332Z" status: "Pending" --- # 478 CENTRAL Park #5B, New York City, NY 10025 Manhattan Valley, New York City, NY Courtesy of Serhant Last updated: September 3, 2026, 11:23 AM ## At a Glance - **Listing Price**: $2,600,000 - **Status**: In contract 9/3/2026 In Contract/Lease Signed indicates an offer has been made and accepted by the seller/landlord, with the deal pending completion. - **Beds**: 3 - **Total Baths**: 3 - **Sqft**: 1,580 - **Common Charges**: $1,729 / mo - **Price per Sqft**: $1,646 - **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**: $2,600,000 - **Illustrative Buyer Commission Share**: -$39,000* - **Illustrative Net Cost**: $2,561,000 *Illustrative Buyer Savings of $39,000 — 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 (10) ![478 CENTRAL Park #5B, New York City, NY 10025 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7d94e087-480e-4be4-9536-ab5a2c7e72df.jpg) ![478 CENTRAL Park #5B, New York City, NY 10025 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/69d02447-2c4b-45ba-aa25-e6180dd73ca6.jpg) ![478 CENTRAL Park #5B, New York City, NY 10025 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/07efa05b-f68f-4b14-b3b8-a93d99188db6.jpg) ![478 CENTRAL Park #5B, New York City, NY 10025 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c9ed03b2-3739-4951-92c0-9b315bb951bc.jpg) ![478 CENTRAL Park #5B, New York City, NY 10025 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/db2bb993-cba1-4393-926f-7a7b94397cff.jpg) ![478 CENTRAL Park #5B, New York City, NY 10025 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7dbf836c-6e2e-4e73-b2e5-abc6009e5cfe.jpg) ![478 CENTRAL Park #5B, New York City, NY 10025 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4ae90bda-61fa-44d6-be8a-b5c09812b56f.jpg) ![478 CENTRAL Park #5B, New York City, NY 10025 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/98250059-ee73-424a-9703-27e05e695da8.jpg) ![478 CENTRAL Park #5B, New York City, NY 10025 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3dfc68b7-065e-434f-8a98-ce32b4dc9a76.jpg) ![478 CENTRAL Park #5B, New York City, NY 10025 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/9353cfb4-23df-4649-a649-9892727585a7.jpg) ## Property Overview Direct Central Park Views 3 Bedroom, 2.5 Bath Condo with In Unit Washer and Dryer Residence 5B at 478 Central Park West is a renovated 3 bedroom, 2.5 bath condominium with direct Central Park views and low monthly carrying costs. The open living and dining area features six windows overlooking the park and toward Midtown, bringing in excellent natural light throughout the day. White oak floors run throughout, and marble window ledges add a polished finish. The kitchen has been updated with a larger sink, new dishwasher, drawer microwave, new hood filter, and wood cabinet fronts, along with Bosch and Sub Zero appliances and a wine cooler. Off the dining area, there is a built in desk and added storage. The apartment includes California Closets in all bedrooms and the hallway coat closet. The laundry room offers added storage, a new Bosch washer installed in 2025, and an added half bath. Both full bathrooms feature heated floors. The primary bathroom has a glass enclosed shower, and the hall bathroom has a soaking tub. Central air conditioning is provided by a brand new HVAC system installed in 2023. The living room also includes Shade Store electric sunshades. A private storage closet transfers with the apartment. 478 Central Park West is a seven story prewar condominium located across from Central Park. Building amenities include a live in super, part time doorman, fitness room, playroom, bike storage, private storage, and an additional shared laundry room. The doorman is on duty Monday through Friday from 1:00 PM to 11:00 PM and weekends from 12:00 PM to 12:00 AM. Pets are permitted, and subletting is allowed. The building is located near the B and C trains, the M10 bus on Central Park West, and the M7 bus on Manhattan Avenue. Also nearby are the 2 and 3 trains at Lenox Avenue and 110th Street, as well as the 1 train at Broadway and 110th Street. Whole Foods and Columbia University are also nearby. ## Property Details - **Property Type**: Condominium - **Beds**: 3 - **Total Baths**: 3 - **Rooms**: 6 - **Sqft**: 1,580 sqft - **Stories**: 7 - **Year Built**: 1910 - **Price per Sqft**: $1,646 - **Common Charges**: $1,729 / Monthly - **Listed On**: Apr 19, 2026 - **Days on Market**: 141 Days ### Residence Features - Washer Hookup - In Unit - Park/Greenbelt ## Sales Evidence ### Recent closed sales One apartment at 478 CENTRAL Park has a recorded sale since September 2021, the most recent for $2,575,000 in June 2024. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | 4-D (Apartment) | 4 | 2,076 | $2,575,000 | $1,240/ft² | June 7, 2024 | 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 The median closed price for comparable condo three-bedroom sales in Manhattan Valley is $3,235,000, based on 7 sales between February 2025 and January 2026. This home is asking $2,600,000, $635,000 below that median. The middle half of those sales closed between $3,075,000 and $3,355,000. - **Median closed price**: $3,235,000 - **Middle half**: $3,075,000 – $3,355,000 - **Based on**: 7 condo three-bedroom sales in Manhattan Valley - **Period**: February 2025 – January 2026 - **Median $/ft²**: $1,943/ft² Across the 7 of these sales with a published asking price, the median closed at 100% of what it originally asked. 43% of them closed below the original ask. This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Manhattan Valley instead. ### How these sales were negotiated - **Sold vs original ask**: 100% of the original ask - **Closed below ask**: 43% of 7 sales - **Listed → in contract**: 283 days (about 40 weeks) - **In contract → closed**: 59 days (about 8 weeks) Across the 7 of these sales with a published asking price, the median closed at 100% of what it originally asked. 43% of them closed below the original ask. Half of these homes were in contract within 283 days (about 40 weeks) of coming to market, based on the 7 with a recorded listing date. Once a deal was agreed, closing took a further 59 days (about 8 weeks), based on the 7 with both dates recorded. 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. Based on 7 condo three-bedroom sales in Manhattan Valley, February 2025 – January 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ. 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 478 CENTRAL Park](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/478-central-park) ## Price and Property History for 478 CENTRAL Park, Unit 5B Review the recorded listing activity for 478 CENTRAL Park, Unit 5B, including asking-price changes and prior market dates. - **Entered contract**: September 3, 2026 | Date | Price | Listing event | | --- | --- | --- | | September 3, 2026 | $2,600,000 | Entered contract | | April 19, 2026 | $2,600,000 | Listed for sale by Serhant | ## Property Tax History Taxes at 478 CENTRAL Park #5B were $20,269 in 2026, up 7.1% from 2025. | Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate | | --- | --- | --- | --- | --- | --- | --- | | 2026 (FY 2026/27) | $191,674 | $65,267 | $126,407 | $162,154 | $20,269 | 12.5% (estimated) | | 2025 (FY 2025/26) | $169,091 | $65,267 | $103,824 | $151,372 | $18,922 | 12.5% (estimated) | | 2024 (FY 2024/25) | $165,082 | $65,267 | $99,815 | $148,072 | $18,509 | 12.5% | | 2023 (FY 2023/24) | $147,167 | $65,267 | $81,900 | $144,887 | $18,114 | 12.502% | | 2022 (FY 2022/23) | $137,764 | $65,267 | $72,497 | $137,764 | $16,900 | 12.267% | | 2021 (FY 2021/22) | $137,764 | $65,267 | $72,497 | $137,764 | $16,855 | 12.235% | | 2020 (FY 2020/21) | $152,587 | $65,267 | $87,320 | $137,561 | $16,875 | 12.267% | | 2019 (FY 2019/20) | $149,159 | $65,267 | $83,892 | $129,599 | $16,165 | 12.473% | | 2018 (FY 2018/19) | $145,654 | $65,267 | $80,387 | $121,007 | $15,261 | 12.612% | | 2017 (FY 2017/18) | $118,595 | $65,266 | $53,329 | $105,193 | $13,379 | 12.719% | | 2016 (FY 2016/17) | $121,816 | $65,267 | $56,549 | $93,918 | $12,108 | 12.892% | | 2015 (FY 2015/16) | $112,788 | $65,267 | $47,521 | $82,144 | $10,583 | 12.883% | | 2014 (FY 2014/15) | $80,890 | $49,710 | $31,180 | $55,119 | $7,086 | 12.855% | | 2013 (FY 2013/14) | $188,211 | $49,710 | $138,501 | $76,312 | $10,031 | 13.145% | 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 1018441014. 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 ### 478 CENTRAL Park Manhattan Valley · Condominium 478 CENTRAL Park, New York, NY 10025 A building in Manhattan Valley, currently featuring 3 active listings. - **Year Built**: 1910 - **Total Units**: 3 - **Floors**: 7 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/478-central-park) ### Available Residences — For Sale (3) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [5B](https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/10025/478-central-park-b-5B-ny-10025) | 3 | 3 | 1,580 sqft | $1,646 | $2,600,000 — In contract | Serhant | Apr 19, 2026 | 141 days | | [2B](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10025/478-central-park-b-2B-ny-10025) | 3 | 2 | 1,557 sqft | $1,538 | $2,395,000 (-2.2%) | Corcoran Group | Jun 14, 2025 | 450 days | | [1-A](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10025/478-central-park--a-1A-ny-10025) | 3 | 2 | 1,525 sqft | $1,243 | $1,895,000 (-5.0%) | Nest Seekers LLC | Mar 28, 2026 | 163 days | ## Estimated Monthly Payment **$14,876 / month**, assuming a 20% down payment ($520,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $13,147 - **Common Charges**: $1,729 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Potential NYC Second-Home Tax This property may be subject to New York City’s non-primary residence surcharge if it is not used as a qualifying primary residence. The surcharge is based on the NYC Department of Finance market value, not the listing price. [Estimate the Potential Surcharge](https://realestaterebatesnewyork.com/calculators/nyc-second-home-tax-calculator) ## Manhattan Valley Overview of Manhattan Valley [Explore Manhattan Valley](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/manhattan-valley) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Manhattan Valley - [Murray Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/murray-hill) - [Theater District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/theater-district) - [Kips Bay real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/kips-bay) - [Hells Kitchen real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/hells-kitchen) - [Flatiron District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/flatiron-district) - [Chelsea real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/chelsea) ## Related Links - [478 CENTRAL Park — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/478-central-park) - [Manhattan Valley neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/manhattan-valley) - [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.