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The Prasada, 50 Central Park West, #8B

$7,995,000 | 4 beds, 2.5 baths
Building Profile  | 
16 days on Market

Key Details

  • Listed: Nov 25, 2024
    Days on Market: 16
    Building Type: Cooperative
    Neighborhood: Central Park West (Manhattan)
    Doorman: FT Doorman
    Listing viewed 190 times
Monthly Maintenance: $9,653
Est. Monthly Mortgage: $25,981
Total Est. Monthly Carrying Cost: $35,634
Note: the above is based on a down payment of 50% ($3,997,500), which is the minimum amount permitted by the building.

Insider Highlights

  • Breathtaking Central Park Views: Enjoy stunning views of Central Park from nearly every room, including the grand living and dining areas.
  • Spacious Corner Residence: This expansive 9-room layout features over 47 feet of direct park frontage, providing an abundance of light and space.
  • Renovation-Ready Opportunity: A rare chance to customize a historic home with soaring 10.5-foot ceilings and original architectural details.
  • Elegant Pre-War Design: Experience the charm of a Beaux-Arts cooperative with original herringbone and parquet floors throughout.
  • Exclusive Building Amenities: Enjoy a full-time doorman, elevator operators, and access to private storage, a bike room, and an exercise room.
  • Prime Central Park West Location: Located near Lincoln Center, renowned museums, and top dining and shopping destinations, offering unparalleled convenience.

Description

RARE PARK-VIEW PRASADA CORNER 9 ROOM

COVETED LINE - PRIZED FLOOR - 1ST OFFERING IN 50+ YEARS

RENOVATION-READY RESIDENTIAL COLLECTOR’S ITEM

This Prasada opportunity happens only once in a generation. Last available more than half a century ago, this important New York home -- offering Central Park views from nearly every room -- is in the coveted B line and on the treasured eighth floor. A corner residence, this home offers a jaw-dropping 47-feet of direct Central Park frontage from its ultra-grand living and dining rooms alone.

All of the bedrooms also offer views of the park. With the vision of your design team, this rare, renovation-ready rambler -- with ceilings soaring over 10-1/2 feet high -- can become an even brighter star than it already is.

A gorgeous manned elevator lifts you from the beautiful vaulted-ceilinged lobby to one of Gotham’s most lovely landings.

The handsome windowed hall guides you to your front door. Behind it, past your grand foyer gallery, an iconic, majestic home unfolds beautifully before you. The over-scaled living room and dining room are separated by pocketed French doors, and offer this massive home’s signature, heroic Central Park and skyline views -- and the greatest Thanksgiving Day parade perch views in the city.

Light, space, and views reign supreme here in these big rooms. The dining room boasts two exposures and features original turn-of-the-century wood-beamed ceilings and panelling -- and its dramatic bay window onto the park. The lofty expanse is anchored by a decorative fireplace in the huge living room.

The large, windowed, eat-in kitchen offers a butler’s pantry, space for laundry and a perfect pass-through layout. Off of the gracious bedroom hall (whose impressive scale made it the perfect impromptu basketball court for the prior owners), are the three well-scaled bedrooms, plus a service room (4th bedroom). The primary bedroom -- which was two separate bedrooms -- enjoys an unparalleled epic scale and ensuite bath.

Both guest bedrooms are big -- one offers another bay window with Central Park peeks -- and are served by the hall’s guest bath. With original herringbone and parquet floors throughout, this is indeed a fabulous find and an exceptional opportunity.

With Central Park as your front yard, with a seasoned, round-the-clock staff, and with a landmarked 1905, trophy address in a world-class location, a Prasada life is well-served and wonderful.

With supreme proximity to every area cultural, dining, shopping, entertainment, and fitness destination -- easy living (with gym, bike, and storage rooms) awaits. This flexible, grand, estate-condition residence typifies precisely the attributes for which the Prasada is best known: A stunning landmarked exterior, a stupendous location, a top-tier staff, storybook views, and a grand, gorgeous layout merge to make this sprawling residence a stand-out stunner.

Welcome to space - welcome to light - welcome to views - and welcome to your next creative opportunity.

Your rare Prasada rambler awaits.

(BUYER PAYS 2% FLIP TAX)

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Listing courtesy of Compass

Pricing History

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About The Prasada, 50 Central Park West

86

The Prasada, 50 Central Park West has received a CityRealty Rating of 86, 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

27
Out of 44
+
28
Out of 36
+
22
Out of 39
+
9
=
86
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Architectural Masterpiece 8 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
Dramatic 3 out of 3 points
Alterations:
Poorly Done 0 out of 2 points
Plaza Or Atrium:
None 0 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:
Allowed and Present 0 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
Present 1 out of 2 points
Garden:
Attractive 2 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
Part of Historic District 1 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Outstanding 5 out of 5 points
Distance To Neighborhood Center:
Less than 30 blocks 3 out of 5 points
Views:
Dazzling 4 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Considerable 1 out of 3 points
Protected Views:
Many 2 out of 2 points
Distance To Subway:
3-5 Short Blocks 1 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
3-5 Short Blocks 1 out of 2 points
Distance To Park:
Less Than 3 Short Blocks 2 out of 2 points
Distance To Water:
More than 6 Short Blocks 0 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:
Stunning 5 out of 5 points
Units Per Floor:
3-4 3 out of 5 points
Ceiling:
11-14 Feet 3 out of 4 points
Balconies:
Some 1 out of 3 points
Health Club:
Yes 1 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Considerable 2 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:
None 0 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:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 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: 1973
  • Attended Lobby
  • Elevator Operator
  • FT Doorman
  • High-Rise
  • Pre War
  • Resident Storage
  • Elevator
  • Fitness Center
  • Rooftop Terrace
  • Bike Room
  • Fireplaces
  • Landmarked
  • Live-In Superintendent
  • Historic District

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Pros
  • Cross-town buses to East Side run on 65th Street
  • Doorman
  • Pre-war construction
  • Spacious apartments
  • Spectacular views of Central Park
  • Many bay windows
  • Fabulous and impressive entrance
  • Convenient to Lincoln Center for the Performing Arts
  • Two fireplaces in each apartment
  • Close to Subway
Cons
  • No garage
  • Altered roof ruined architectural composition of the building
  • Heavy traffic as building is at entrance to eastbound Central Park transverse road
  • No health club
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Subways

  1. 1
at Broadway 0.18 miles
  1. B
  2. D
  3. A
  4. C
at Central Park West and 60th 0.26 miles
  1. 2
  2. 3
at Broadway 0.48 miles
  1. N
  2. Q
  3. R
at 7th Ave 0.49 miles

Aerial Imagery

 

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