Cooperative · 1889
The Lolita
227 Central Park West, New York, NY 10024
Buildings·Cooperative

227 Central Park West

227 Central Park West, New York, NY 10024

At a glance
Year built
1889
Type
Cooperative
Landmark
Designated
The Data Room

Every recorded sale at this building, 2005–2024

Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.

Recent range
$2.1M – $4.3M
Listing discount
5.2%
Recorded transfers
26

227 Central Park West is one of the oldest residential buildings still standing on the avenue — a six-story Queen Anne apartment house that has held the southwest corner of West 83rd Street since the late 1880s, predating the great pre-war Central Park West towers by a full generation. Designed by Thom & Wilson and known as The Lolita, it belongs to the first wave of Manhattan's "French flats," when the apartment building was still a novel and slightly suspect idea among the city's wealthy, and architects dressed these early elevator buildings in the picturesque Queen Anne vocabulary then in fashion.

What sets the building apart is its scale and its survival. Where most of Central Park West was rebuilt in the 1920s and '30s into the limestone-and-brick towers that define the skyline today, 227 was never demolished — it remains a genuinely Victorian-era building on a park block, with a projecting rounded corner, floral terra-cotta ornament clustered around the windows, and three decorative band courses banding the facade. At 22 residences across six floors, it is a true boutique cooperative: small, quiet, and architecturally distinct in a way newer buildings cannot replicate.

For buyers, the appeal is a direct park-block address on Central Park West at a human scale — a self-managed, intimate co-op where ownership means a real share of a small and historically significant building, rather than an anonymous unit in a 200-apartment tower.

Architecture and unit composition

The Lolita is a study in late-nineteenth-century apartment design. The Queen Anne style favored asymmetry, texture, and incident over the disciplined classicism that would later dominate the avenue, and the building shows it: a brick and brownstone body enlivened with Renaissance Revival terra cotta, a turreted rounded corner that reads as the building's signature gesture, and ornamental band courses that break the facade into horizontal registers. It is one of the few buildings on the park that still announces its 1880s origins so clearly.

Inside, the 22 residences reflect the generous proportions of early luxury flats — high ceilings, deep layouts, and the through-floor light that a corner park building enjoys. With roughly 1,280 square feet per unit on a building-wide average, homes here run from gracious one- and two-bedrooms to larger combined layouts, several of them facing east toward Central Park. Period detail — moldings, hardwood floors, and the room counts typical of nineteenth-century construction — survives in many apartments, while others have been modernized behind their historic walls.

Building operations

227 Central Park West is run as a boutique cooperative with a live-in resident manager — the on-site staffing model that small park-block buildings rely on in place of a full doorman roster. The building maintains a central laundry room and private storage, and it is pet-friendly, with both dogs and cats welcome. Its position within the Central Park West Historic District means that exterior alterations are reviewed by the Landmarks Preservation Commission, which protects the terra-cotta facade and the building's distinctive corner — a meaningful safeguard for the architecture that gives the building its value.

As a small co-op, governance is close and hands-on; the board oversees admissions, financing, and house rules directly. Prospective purchasers should expect a traditional co-op application and board interview, with the financing and residency policies typical of an established Central Park West cooperative.

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

Recent transfers 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
Apr 18, 20246B
2 BR · 2 BA · 1,330 sf
$2,075,000$1,560/sf-7.8%
Jul 25, 20235AD
3 BR · 3 BA · 2,100 sf
$4,300,000$2,048/sf-6.4%
Jun 4, 20214A
4 BR · 3 BA
$4,998,000-13.8%
May 18, 20216A
3 BR · 2 BA
$2,800,000-9.7%
Apr 16, 20192C
1 BR · 1 BA
$687,500-1.1%
Jan 8, 20195C
1 BR · 1 BA
$753,500-5.2%
Feb 11, 20146C
1 BR
$710,000-2.1%
Dec 17, 20136A
3 BR
$2,595,000-5.6%

Market read. Most recent trades (2024) cleared a median $1,560/sf across 1 sale. Median listing discount 5.2% 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.

4A+247%
$1,440,000 2005$4,998,000 2021
5AD · 2,100 sf+72%
$2,495,000 ($1,188/sf) $2,495,000 ($1,188/sf) 2011$4,300,000 ($2,048/sf) 2023
6A+68%
$1,670,000 2011$2,595,000 2013$2,800,000 2021
1D+58%
$565,000 2010$895,000 2016$895,000 2018
2C+15%
$599,000 2015$687,500 2019

Other recent transfers

DateUnitPrice
May 19, 20214AD$4,998,000
May 18, 20214A/4D$4,500,000
Jun 12, 20181D$895,000
Jan 8, 20161D$895,000
Apr 15, 20152C$599,000
Jan 20, 20115AD$2,495,000
View all 26 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 1-01196-0035) 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 on co-ops is not officially recorded, figures shown are approximate.

What to know if you’re buying

Buying here means buying into a small, historically significant cooperative — a different proposition from a large pre-war tower. The building is pet-friendly, and the live-in resident manager handles day-to-day operations, but with 22 units the shared overhead is spread across few households, so maintenance, capital assessments, and reserve health deserve close reading. Expect a conventional co-op admissions process: a full board package, financials, and an interview. As an established Upper West Side co-op, the building applies financing limits and residency expectations typical of the corridor — purchasers should plan for a substantial down payment and primary-residence use rather than investor or pure pied-à-terre ownership.

The trade-off is a rare address: a direct Central Park West park block, a designated-district facade that cannot be altered out from under you, and the architectural character of one of the avenue's oldest survivors. For a buyer who wants the park and the avenue without the anonymity of a tower, that is the case.

What to know if you’re selling

The Lolita sells on scarcity and character. There are very few Victorian-era buildings left on Central Park West, and none can be reproduced — the Queen Anne facade, the corner turret, and the terra-cotta detail are genuine differentiators that distinguish a sale here from the uniform pre-war stock up and down the avenue. Park exposure is the other lever: east-facing apartments carry the building's strongest pricing, and condition and room count do the rest.

Because the building trades so rarely, a well-prepared listing benefits from the absence of competing inventory inside the same address. Benchmark a sale against the boutique and mid-size co-ops on the park blocks rather than against the large towers, lead with the architecture and the direct Central Park West location, and present a clean board package — the buyer pool for a small, traditional co-op rewards a transaction that is ready to clear the board.

Comparable buildings

If you're considering 227 Central Park West, also evaluate these nearby Central Park West cooperatives:

The Roebling Team at The Lolita

The Roebling Team at Compass specializes in Central Park West, the Upper West Side, and the park-facing Manhattan market. We publish this profile because buyers and sellers evaluating a boutique park-block cooperative deserve building-specific intelligence — the architecture, the historic-district protections, the operating model, and where pricing sits against the surrounding co-op stock.

If you're considering a purchase or sale at 227 Central Park West, a 30-minute consultation is the right starting point.

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