Cooperative · 1968
210 Central Park South
210 Central Park South, New York, NY 10019

210 Central Park South

210 Central Park South, New York, NY 10019

At a glance
Year built
1968
Type
Cooperative
Units
88
Floors
23
Landmark
No
Pets
Permitted — two per household with registration; weight/breed restrictions apply to dogs per management records
Financing
75 percent maximum (25 percent minimum down)

210 Central Park South is the value thesis on the most expensive residential street in America, executed in glass. Bernard Spitzer's 1968 tower holds the highest fenestration ratio on Central Park South — the park wall is effectively all window, wrapped in angled glass balconies — which means the asset buyers are actually purchasing here, the protected, permanent, head-on Central Park view, is delivered more completely than in most of the street's grander-name neighbors. The park cannot be built upon; the view does not change. What changes is what you pay for it, and at 210 CPS the entry price for true park frontage runs at a fraction of the supertall condos one block south and meaningfully below the street's white-glove pre-war co-ops.

The building is also a family story that buyers tend to find reassuring rather than complicated. Spitzer — father of the former governor — built both 200 and 210 Central Park South, and entities affiliated with the original sponsorship still held roughly 30 percent of the shares (25 apartments) as of the most recent audited financials on file. In practice this produces a steady trickle of no-board-approval sponsor inventory alongside conventional resales, and a co-op whose commercial income (garage, professional suites) subsidizes maintenance. It also means a meaningful block of units is held for rental rather than owner-occupancy; buyers seeking a fully owner-occupied house culture should weigh that.

Operationally the cooperative is in disciplined shape: the balcony and bulkhead restoration was completed in 2022 funded by a defined assessment; the corporation refinanced in February 2022 into a $5 million interest-only mortgage at 3.02 percent fixed to 2032 — cheap, long-dated money by current standards; and reserves stood near $4.8 million at the last audited year-end on file, invested in Treasuries and money funds. Lobby and hallway renovations followed in early 2024. For a 1960s co-op, the financial posture is a genuine selling point, and the underlying documents are on file in The Roebling Research Library.

Architecture and unit composition

The Schimenti design is pure mid-century: a slab without setbacks rising from a plaza with a private driveway, its park elevation organized into four columns of glass-railed balconies of varying widths, angled at their sides so the facade reads as faceted rather than flat. Floor-to-ceiling glass runs across the park-facing rooms. The building was constructed with four apartments per floor — alcove studios through two-bedrooms — and decades of combinations have produced a current mix that runs from compact one-bedrooms to 2,300+ square-foot three- and four-bedroom combinations, including full-floor-feel units on the upper stories. Renovation condition varies widely from estate to mint, and pricing tracks position, light, and condition more than raw size.

Building operations

Full-service: 24-hour attended lobby, elevator attendants, live-in resident manager, porter staff, central laundry, bike room, storage, and a private circular driveway — a real amenity on this street. The on-site garage operates with valet service and discounted resident rates; the cooperative's garage and professional-suite income flows through the operating budget. The staff is unionized (32BJ). A roof deck appears in some records and not others — verify current common-space access directly.

Local Law 97

Carbon-penalty exposure
🟢
Strong — under cap in both periods
2024–2029 annual penalty
$0 (under cap)
2030–2034 annual penalty
$0 (under cap)
Per unit / month range
See full Local Law 97 analysis — emissions history, scenarios, methodology →

Recent sales

The retrade record

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

10D+148%
$1,500,000 2010$3,725,000 2014
18AB+133%
$3,000,000 2011$7,000,000 2025
10A+92%
$1,395,000 2005$2,675,000 2020
17D+90%
$2,000,000 2009$3,800,000 2023
20C+83%
$850,000 2013$1,552,831.25 2013

Recent transfers at this building, sourced from NYC Department of Finance records. Apartment-level detail (line, condition, asking-price context) verified upon consultation request.

DateUnitPrice
Mar 12, 202617A$2,950,000
Nov 5, 202518AB$7,000,000
Feb 6, 202514A$2,750,000
Jan 9, 202523CD$5,933,000
Sep 26, 20244B$2,217,500
Jun 28, 202412A/B$6,750,000
View all 53 recorded transfers, 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 1-01030-0039) 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.

What to know if you’re buying

The view is the asset — buy it deliberately. Park-facing lines deliver protected, permanent Central Park frontage through floor-to-ceiling glass and a private balcony. South- and side-facing units are a different (and differently priced) product. Same-line comparables, not building averages, should anchor your offer.

Sponsor inventory changes the mechanics. When a sponsor-affiliated unit is on the market, there is no board approval — faster timeline, lighter disclosure, condo-like flexibility — but typically also no seller concessions on the co-op's standard terms. Know which kind of seller you are facing before structuring an offer.

The board framework is moderate, not punishing. 75 percent financing permitted, pieds-à-terre allowed, sublets permitted after two years with approval, pets registered with limits. This is one of the more flexible policy frameworks on the street's co-op inventory — but corporate purchases are not permitted, and trusts go through counsel review. Confirm current policy with the managing agent.

Underwrite the carry, not just the price. Maintenance reflects a high-service, garage-and-driveway building on prime land; recent listings have shown monthly maintenance in the $5,500–$6,300 range on larger combinations. The corporation's interest-only mortgage matures in 2032 — your attorney should review the financials (on file with us) and any future capital plans.

Condition spread is wide. Estate-condition units trade at meaningful discounts to renovated peers. Budget renovation realistically — run the Renovation Cost Calculator — and remember alteration agreements and summer-work rules apply.

What to know if you’re selling

Sell the street, then the building. The marketing argument is park frontage at a rational price: full-glass park exposure, balcony, driveway, garage — attributes the supertalls charge multiples for. Position explicitly against the $4,000–$10,000+/sf inventory a block south.

Be precise about what competes with you. Your live competition includes the building's own sponsor inventory (no board approval) and 200 CPS rentals next door. Pricing and timing should account for both.

Document the building's financial story. The 2022 refinance, completed balcony program, and reserve position are selling points sophisticated buyers' attorneys will find anyway — lead with them.

Closing mechanics are co-op-standard. Board package and interview for conventional resales; plan 60–90 days contract-to-close. Run net proceeds through the Seller Closing Cost Calculator.

Comparable buildings

If you're considering 210 Central Park South, also evaluate:

The Roebling Team at 210 Central Park South

The Roebling Team at Compass works Central Park South, Billionaires' Row, and the broader Park-facing market as a core practice area. We publish this building profile because 210 CPS buyers and sellers deserve building-specific intelligence — sponsor mechanics, policy framework, financial posture, and line-level comparables — not generic market commentary.

If you're considering a transaction at 210 Central Park South, a 30-minute consultation is the right starting point.

Considering a transaction at 210 Central Park South?

A 30-minute consultation is the right starting point.

Schedule a consultation →
Corey Cohen · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com