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A blog from CityRealty (Links below will take you to the 6sqft site)

Essex House, 160 Central Park South, #1817

Last Sold on Jun 20, 2008 for $1,583,378 ($2,163 / ft2)
1 bed, 1.5 baths
Currently for sale for $1,225,000 ($1,476 / ft2)

Pricing History

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Key Details

  • Listed Mar 1, 2019
    Days on Market 233
    Building Type Condominium
    Neighborhood Midtown West
  • Monthly Common Charges $2,470
    Monthly Real Estate Taxes $1,574
    Minimum Down Payment 10%
    Doorman FT Doorman

Description

The Ultimate in Luxury on Central Park for Living or Investment in A Historic Hotel of America. Located on the 18th floor of the famed Essex House with Central Park immediately across, this oversized one bedroom, one and one half bathroom home is the perfect pied-a-terre, allowing short term rentals which offset the monthly cost. The apartment is completely renovated, from the solid herringbone hardwood floors, a brand new en-suite bath with double sinks and a powder room, and a new marble kitchen with Sub-Zero refrigerator.

The living room has soaring 10 foot ceilings, new windows and an open kitchen. It is airy and loft like with great light and no street noise. There is a living area as well as a large dining area.The large master bedroom has two generous closets and is also bright and very quiet.

There are also two additional closets in the apartment including a huge walk-in "owners closet" for private storage while the apartment is rented. Additional features include central air conditioning and a washer/dryer. Utilities, Wi-Fi, fitness center and many other services are included in the common charges.

The building's flexible rental policies (short and long-term leases are permitted, with a minimum of one month) will make this unit especially appealing to investors. The Essex House is a landmark Art Deco building constructed in 1929. Essex House was converted into one of the world's first condominium hotels by Marriott Corporation in 1974.

Operated as both a hotel and condominium, owners and renters get access to five star amenities rarely available in other residences. In addition to a 24-hour security staff and 24-hour concierge service, residents of Essex House have access to a wide range of amenities including full-time doormen, private condominium reception, 24-hour valet parking, a business center, meeting rooms and catering facilities, an on-site restaurant, on-site management services, a fitness center, spa services, 5-star hotel services, and a valet and bell staff.

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Apartment Amenities

  • Western Exposures

Sales History

Click to show stats based on a sale at current asking price
If this apartment sold today at the current asking price
  • 1 closings
  • N/A Aggregate price change (N/A) Jun 20, 2008 - Jun 20, 2008
  • N/A Compound Annual
    Growth Rate
  • 2 closings
  • -$358,378 Aggregate price change (-22.6%) Jun 20, 2008 - Oct 20, 2019
  • -2.2% Compound Annual
    Growth Rate
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About Essex House, 160 Central Park South

91

Essex House, 160 Central Park South has received a CityRealty Rating of 91, 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

31
Out of 44
+
33
Out of 36
+
19
Out of 39
+
8
=
91
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:
None 2 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
No, but Very Good 3 out of 3 points
Skyline:
Highly Visible 2 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Allowed and Present 0 out of 2 points
Free Standing:
No 0 out of 2 points
Gargoyles:
Present 1 out of 2 points
Garden:
Exists 1 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
Yes 1 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 20 blocks 4 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:
Less than 3 Short Blocks 2 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
Less than 3 Short Blocks 2 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:
Stunning 5 out of 5 points
Units Per Floor:
10-15 1 out of 5 points
Ceiling:
8-9 Feet 1 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:
Minimal 1 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 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:
Yes 1 out of 1 points
Mixed Use:
Yes 1 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
  • Condo
  • Built in 1930
  • 200 Apartments
  • 43 Floors

Building Amenities

  • Conversion Year: 1974
  • Attended Lobby
  • Concierge
  • FT Doorman
  • Pre War
  • Basement Storage
  • Central AC
  • Full Service Garage
  • Health Club
  • Pool
  • Roof Deck
  • Washer/Dryer in building
  • Elevator
  • Mail Room
  • Business Center
  • Lounge
  • Fitness Center
  • Bike Room
  • Terraces / Balconies
  • Outdoor Entertainment Space
  • In-Unit Washer/Dryer
  • Valet Services

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