Manhattan condos · below 96th $1,600/sf ▴2%Manhattan co-ops · below 96th $270K/room ▴2%Central Park perimeterPark Ave $472K/room ▴18%CPW $355K/room ▾5%Fifth Ave $501K/room ▴19%Billionaires' Row $4,313/sf ▴24%East Village $1,663/sf ▴10%
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240 Central Park South, 240 Central Park South, New York, NY 10019, Manhattan — Cooperative, 1940

240 Central Park South

240 Central Park South, New York, NY 10019

BBL 1010300058 · BIN 1024922

At a glance
Year built
1940
Type
Cooperative
Units
376
Floors
30
Landmark
Designated
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A Private Pricing Opinion — what your apartment at 240 CPS would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.

240 Central Park South is among the most architecturally significant American expressions of the European modernist apartment-building vocabulary — the twin-tower 1940 Mayer & Whittlesey commission that pre-dates the post-WWII American modernist apartment-building boom by approximately a decade and that translated pre-war European modernist apartment design (the work of Le Corbusier, the Bauhaus, the early International Style apartment-building experiments in Vienna, Berlin, and Frankfurt) into Manhattan luxury cooperative idiom at substantial scale.

The 2002 individual landmark designation is the architectural-historical recognition that places 240 CPS in a particular category. Manhattan has produced approximately 1,400 individual landmark designations across its full history; the share of mid-20th century apartment buildings among them is small. 240 CPS's designation reflects the building's significance as an early American expression of modernist apartment-building language at the scale and quality of execution that pre-war Manhattan luxury developers brought to classical and Beaux-Arts apartment commissions.

The architectural features that distinguish 240 CPS are several. The twin-tower configuration — two separate masses rising from a shared limestone base — was unusual for 1940-era American luxury apartment construction, which typically followed the unified massing of pre-war classical commissions. The early adoption of continuous corner windows ("ribbon windows") was directly drawn from the European modernist vocabulary of the 1920s and 1930s and represented an early American adoption of the detail. The integrated sunken garden at the base — with outdoor sculpture by Chaim Gross and other mid-century American sculptors — was an unusual integration of contemporary art programming into apartment-building amenity that pre-dated the broader post-war pattern.

Albert Mayer and Julian Whittlesey were among the most significant American modernist apartment architects of the mid-20th century. Mayer's broader portfolio included social-housing experiments and the Greenbelt Knoll modernist development in Philadelphia; Whittlesey's work continued through the 1960s. The pairing's work at 240 CPS represents their most consequential New York commission and an early American demonstration that modernist apartment design could be deployed at the luxury cooperative scale.

The position at Columbus Circle / Central Park South is structurally distinctive. The Park frontage produces direct sight lines north across Central Park; the Columbus Circle adjacency places the building within walking distance of Lincoln Center, the Time Warner Center (now Deutsche Bank Center), and the Broadway theater district. The neighborhood's transition across the second half of the 20th century — from a more transitional Midtown West character to the increasingly trophy-condominium-anchored Columbus Circle district — has produced an interesting set of cross-currents for 240 CPS's positioning.

For buyers, 240 CPS represents a particular tier of Central Park South inventory: pre-WWII modernist architectural pedigree (rare in the Manhattan luxury apartment canon), individual landmark status (rare for mid-20th century construction), substantial 376-unit scale producing meaningful annual turnover, and direct Park frontage at Columbus Circle.

Architecture and unit composition

The 376 apartments span configurations from approximately 700 sf studios to substantially larger 3–4 BR configurations and combined apartments distributed across the two towers (30 floors on one side; 19 floors on the other). The substantial unit count produces a wide range of price points and configurations.

Mayer & Whittlesey's modernist signatures throughout: efficient floor plates with less service-wing infrastructure than pre-war peers, ribbon-window continuous corner glazing on many apartments, lower ceilings than the 10–11 foot pre-war norm but consistent with 1940-era modernist apartment construction, more contemporary apartment configurations relative to pre-war floor plates.

North-facing apartments command direct Central Park views across the Park's southern boundary; west-facing apartments look across Columbus Circle and the West Side beyond. The view envelopes vary substantially by tower, floor, and exposure.

Building operations

240 CPS operates as a full-service post-war cooperative with full-time doorman, attended elevator, on-site superintendent, private storage, the sunken garden amenity with outdoor sculpture, and retail tenancy at the building's base. The 376-apartment scale produces a substantial operational density characteristic of large mid-20th century luxury inventory.

Local Law 97

Carbon-penalty exposure
🟡
Moderate — under today's cap; material modeled 2030 exposure
2024–2029 annual penalty
$0 (under cap)
2030–2034 annual penalty
$271,077/yr
Per unit / month range
$0 – $76

Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City record last verified September 2026.

See full Local Law 97 analysis — emissions history, scenarios, methodology →

Facade safety — Local Law 11

Local Law 11 / FISP · last inspection 2020–25
Safe
What this means for you

The latest available FISP filing classified the facade as Safe — no repairs were required at that inspection. Facade inspections run on a fixed five-year cycle; future inspection, repair, and any assessment decisions remain building-specific.

Inspection history
2005–10
Safe
2010–15
Safe
2015–20
Safe
2020–25
Safe
2025–30
Due
Next report due
by Feb 2028
Assessed · 2005–10 to 2020–25
$21,000 in filing penalties
payment status not in the record
The three grades, in buyer terms
SafeLatest filing: Safe — no repairs required at that inspection.
SWARMPLatest filing: repairs required before the next inspection cycle.
UnsafeLatest filing: unsafe conditions requiring corrective action.
How to read this, and where it comes from

QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent).

Penalties shown are amounts DOB assessed against filings on record across 2005–10 to 2020–25. The FISP dataset does not record whether they were paid, contested or remain open, so treat the figure as history rather than a current balance and confirm the building’s standing with the managing agent.

Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City record last verified September 2026.

See the full facade history →

Buying here? Co-op closing costs typically run 2 to 3% of the price. See NYC co-op and condo closing costs, line by line.

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If you're considering renting at 240 CPS

While we don't directly represent rental tenants, we maintain referral relationships with NYC residential leasing specialists who handle Central Park South inventory. If you're considering a lease at 240 CPS and want introductions to brokers active on the rental side, reach out and we'll route you appropriately.

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The neighborhood

For the full corridor — architecture, transit, and pricing across Central Park South — read The Roebling Team Guide to Central Park South.

Preparing a board package for this building?

The full playbook — what goes in the package, how boards read your financials, the interview, and the timeline — plus sample cover, reference, and personal letters you can adapt.

How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.

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