Condominium · 2006
The Centria
16 West 48th Street, New York, NY 10036
Buildings·Flatiron·Condominium

16 West 48th Street

16 West 48th Street, New York, NY 10036

CorridorFlatiron
At a glance
Year built
2006
Type
Condominium
Units
151
Floors
34
Landmark
No
Pets
Pet-friendly (cats and dogs), per building documentation
Subletting
Permitted under the condominium framework
Pied-à-terre
Allowed
Financing
Approximately 10% minimum down, per building documentation
The Data Room

Every recorded sale at this building, 2007–2026

Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.

Median $/sf
$1,642
Listing discount
4.6%
Recorded sales
326
On record
2007–2026

The Centria is a 2006 glass-curtain-wall condominium standing mid-block on West 48th Street between Fifth and Sixth Avenues — directly across the street from Rockefeller Center. It is one of the few ground-up residential condominiums built into the heart of the Rockefeller Center micro-market, and its address is its defining asset: residents look onto the Rockefeller Plaza block, with Radio City Music Hall, Saks Fifth Avenue, St. Patrick's Cathedral, and the Museum of Modern Art all within a short walk, and the seasonal spectacle of the Rockefeller Center Christmas tree effectively at the doorstep.

The building is a full-service condominium built for a particular buyer: someone who wants a trophy-adjacent Midtown address with the flexibility and services of new-construction condominium living. Its amenity package is broad for its scale — a 24-hour doorman, a fitness center, a residents' lounge with a catering kitchen and dining room, a business center with conference rooms, two landscaped terraces, and a ventilated cigar room. The condominium structure adds the flexibility the ownership form is prized for: financing latitude, permitted subletting, pied-à-terre and investment use, and entity-friendly rules.

Transit and Midtown access are effectively complete. The 47th–50th Streets–Rockefeller Center station (B, D, F, M) sits one block south; the Fifth Avenue–53rd Street station (E, M) is a short walk; and the full Midtown and Times Square networks are close beyond. For buyers who prioritize being at the center of Midtown — for work, culture, or a Manhattan pied-à-terre — the location is close to unmatched.

Architecture and unit composition

Perkins Eastman designed The Centria as a contemporary glass tower — roughly 34 stories clad in a two-tone gray-blue tinted curtain wall. The design responds directly to its constrained mid-block site: the north facade is sloped to the sky-exposure plane required by zoning, and the east facade cantilevers above the adjacent structure, gestures that give the building its distinctive angular profile and maximize the buildable envelope. The color-shifting curtain wall was among the larger single applications of its type at the building's opening.

The apartment mix runs from studios through two-bedrooms, with efficient new-construction layouts, floor-to-ceiling glass, and the light and exposure that height and the curtain-wall design deliver. Upper-floor apartments capture open Midtown views, including sight lines across the Rockefeller Center block.

As a 2006 building, finishes are new-construction contemporary; individual apartment condition varies with ownership and any subsequent renovation, and buyers should underwrite each unit on its own state.

Building operations

The Centria operates as a full-service condominium with a 24-hour doorman, a concierge desk, and a live-in resident manager. The amenity set is broad for a building of its scale: a fitness center, a residents' lounge with a catering kitchen and dining room, a business center with conference rooms, two landscaped terraces, a ventilated cigar room, and central laundry. There is no pool and no in-building garage.

As a condominium, the building offers the flexibility of the ownership form: subletting and pied-à-terre use are accommodated, financing is available on condominium terms, and foreign buyers, LLCs, and trusts are permitted. Monthly carry is a function of common charges plus separately assessed real estate taxes; buyers should model both, along with any building assessments, during due diligence.

Recent sales

Recent closings at this building, curated by The Roebling Team research desk. Apartment-level facts are independently verified before publishing; sale prices reflect the recorded transfer amount at the NYC Department of Finance.

DateUnitApartmentPricePPSFvs. Ask
Jan 28, 20264F
1 BR · 1 BA · 806 sf
$1,045,000$1,297/sf-4.0%
Apr 18, 202515B
1 BR · 1.5 BA · 842 sf
$1,180,000$1,401/sfoff-mkt
Feb 20, 202524B
2 BR · 2.5 BA · 1,268 sf
$1,653,000$1,304/sf-13.0%
Dec 18, 202430D
1 BR · 1 BA · 631 sf
$1,200,000$1,902/sf-7.3%
Nov 26, 2024PHC
1 BR · 1 BA · 769 sf
$1,400,000$1,821/sf-9.4%
Nov 22, 20245C
1 BA · 586 sf
$785,000$1,340/sfoff-mkt
Nov 19, 202418C
1 BR · 1 BA · 773 sf
$1,068,000$1,382/sf-7.1%
Aug 13, 202412B
1 BR · 1.5 BA · 842 sf
$995,000$1,182/sf-18.8%

Market read. Most recent trades (2026) cleared a median $1,642/sf across 1 sale. Median listing discount 4.6% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.

The retrade record

Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.

26B · 1,266 sf+63%
$1,611,279 ($1,271/sf) 2007$2,000,000 ($1,577/sf) 2007$2,625,000 ($2,073/sf) 2018
10D · 628 sf+63%
$610,950 ($973/sf) 2009$995,000 ($1,584/sf) 2014
30B · 1,266 sf+60%
$1,667,488 ($1,315/sf) 2007$2,675,000 ($2,113/sf) 2016
26A · 1,284 sf+48%
$1,742,431 ($1,440/sf) 2007$1,950,000 ($1,519/sf) 2009$2,165,000 ($1,686/sf) 2012$2,575,000 ($2,005/sf) 2016
6F · 806 sf+46%
$936,790 ($1,174/sf) 2007$1,150,000 ($1,441/sf) 2013$1,369,000 ($1,699/sf) 2016
View all 326 recorded sales, sortable

Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.

Sales sourced from NYC Department of Finance recorded transfers (BBL 1-01263-7501) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage from recorded condo declarations and offering plans.

What to know if you’re buying

The address is the asset. Directly across from Rockefeller Center, steps from Radio City, Saks, St. Patrick's, and MoMA, and one block from the Rockefeller Center subway hub — this is one of the most central Midtown residential positions available. For a pied-à-terre or a work-anchored primary residence, the location is the reason to be here.

Condominium flexibility comes standard. Permitted subletting, pied-à-terre and investment use, and entity-friendly rules give buyers latitude a cooperative would not. Investors and part-time residents should weight this.

The amenity set is broad for the scale. A residents' lounge with catering kitchen, a business center with conference rooms, two terraces, and a cigar room exceed what many buildings of this size offer. Note there is no pool and no in-building garage.

Model the full monthly carry. As a condominium, carry is common charges plus separately assessed taxes; run both, along with any current assessments, rather than a single figure.

Buy the floor and the exposure. The tower's height and curtain-wall design mean light and views improve materially with elevation. Upper-floor apartments carry the premium; price accordingly.

What to know if you’re selling

Lead with the Rockefeller Center address and the new-construction amenities. The trophy adjacency, the transit density, and the full amenity package are the concrete selling points that widen the buyer pool. Feature them.

Price on square footage, floor, and view. With a heterogeneous apartment stack, per-square-foot comparables on the specific line and floor are the right basis. Upper-floor exposure drives real premiums.

Position condition explicitly. In a 2006 building with varying renovation state, a clean, move-in apartment stands out. Frame it directly.

Closing timelines are condominium-fast. Without cooperative board approval, condominium closings typically run 30–45 days from contract to closing, subject to any right of first refusal.

Comparable buildings

If you're considering The Centria, also evaluate:

The Roebling Team at The Centria

The Roebling Team at Compass works the Midtown condominium market as part of our broader Manhattan practice — from the Flatiron and Fifth Avenue corridors to the Park-facing trophy buildings uptown. We publish this building profile because condominium buyers and sellers deserve building-specific intelligence — the operational reality, the transactional mechanics, and comparable analysis at the apartment level — not generic neighborhood commentary.

If you're considering a purchase or sale at The Centria, a 30-minute consultation is the right starting point.

The neighborhood

For the full corridor — architecture, schools, transit, and pricing across Flatiron — read The Roebling Team Guide to Flatiron.

Considering a move at The Centria?

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Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com