Manhattan condos $1,629/sf 2%Manhattan co-ops $283K/room 5%Central Park perimeterPark Ave $478K/room 19%CPW $350K/room 5%Fifth Ave $501K/room 19%Billionaires' Row $4,272/sf 24%BPC $1,180/sf 13%
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241 Central Park West, 241 Central Park West, New York, NY 10024, Manhattan — Cooperative, 1930

241 Central Park West

241 Central Park West, New York, NY 10024

BBL 1011980029 · BIN 1031310

At a glance
Year built
1930
Type
Cooperative
Units
139
Floors
19
Landmark
Designated
Pets
Per current lease terms

241 Central Park West occupies a particular and somewhat unusual position on the avenue: it is one of only a handful of CPW pre-war buildings that has never converted to cooperative or condominium ownership. Acquired by the Rudin family in 1945 and held continuously since, the building has remained a rental property for 80 years — across multiple waves of CPW conversions that swept the avenue between the 1950s and 1990s — making it a singular institutional artifact of the New York rental market.

Built by Earle & Calhoun in 1930–1931 and designed by Schwartz & Gross (the same firm responsible for 55 CPW, 101 CPW, and the Brentmore), 241 CPW is an Art Deco composition in beige brick with substantial cast-stone ornamentation at the lower and upper floors. The ornamentation has been variously described as cornstalks, calla lilies, and tulips — a botanical Art Deco vocabulary that distinguishes the building from the more geometric Art Deco ornament at peer CPW Schwartz & Gross buildings. The facade spans the entire blockfront between West 84th and West 85th, producing a substantial street-level presence unusual among CPW pre-wars (most of which occupy single side-street frontages).

For prospective renters who want pre-war CPW architecture without the financial barriers and board scrutiny of a co-op purchase — or for buyers researching the broader CPW market who encounter 241 CPW listings on rental platforms — the building represents a meaningful pre-war Park-facing rental option in a corridor that is otherwise dominated by ownership product.

The persistent rental status is itself part of the building's economic identity. The Rudin family — among Manhattan's largest and longest-tenured rental landlords — has maintained CPW Park-facing rental inventory at 241 CPW as an institutional holding rather than a development opportunity, an unusual decision in the post-conversion CPW landscape.

Architecture and unit composition

The building's 139 apartments originally ranged from three to six rooms, distributed across 18 residential floors plus a penthouse. Some apartments feature sunken living rooms, railed galleries, and wood-burning fireplaces — design signatures noted in 1931 newspaper marketing of the building. Color-tiled bathrooms were another period feature highlighted at the original lease-up.

Apartments have been renovated to varying degrees across the building's 95-year history; many units have been substantially modernized while others retain more original detail. Park-facing apartments on the eastern flank offer direct Central Park views.

Building operations

241 CPW operates as a full-service rental building under Rudin Management. The building maintains the pre-war service signature appropriate to its tier — full-time doorman, attended lobby, on-site superintendent — but as a rental property, operational details (lease terms, fees, policies) are subject to landlord control rather than co-op or condo board governance.

The building is not in a cooperative or condominium structure. There is no proprietary lease, no flip tax, no NYC stockholders' abatement, no board approval process. Resident-tenants hold leases rather than shares or units. This produces a fundamentally different daily-life signature than peer CPW co-ops and condos — tenants can be issued non-renewal notices subject to NYC rent regulations, and capital decisions are made entirely by the landlord rather than by a resident-elected board.

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 →

Facade safety — Local Law 11

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

The latest available filing classified the facade as SWARMP — Safe With A Repair and Maintenance Program: the engineer identified conditions requiring monitoring or repair before the next inspection cycle. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials for you.

Inspection history
2005–10
Safe
2010–15
SWARMP
2015–20
Safe
2020–25
SWARMP
2025–30
Due
Next report due
by Feb 2028
On record
$5,250 in filing penalties
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.

QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent). Source: NYC DOB facade filings (FISP) · The Roebling Research Library.

See the full facade history →

The neighborhood

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

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.

Considering a move at 241 Central Park West?

Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.

Prefer to speak directly? Schedule a consultation →
Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com
Considering a sale?

Own an apartment here? See what it would sell for.

A Private Pricing Opinion — what your apartment at 241 Central Park West 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.