271 Central Park West
271 Central Park West, New York, NY 10024
Upper West Side
BBL 1012010029 · BIN 1031464
- Year built
- 1913
- Type
- Cooperative
- Units
- 26
- Floors
- 14
- Flip tax
- 2% of the purchase price, paid by the seller.
- Financing
- Up to 75% financeable (25% minimum down).
- Subletting
- Permitted with Board approval; sublet fee escalates to 100% / 200% / 300% of monthly maintenance over years 1 / 2 / 3. Short-term rentals and AirBnB are not permitted.
- Washer / dryer
- Permitted in-unit.
- Guarantors
- Permitted.
- Managing agent
- Orsid New York
Compiled by The Roebling Research Desk from the building’s offering plan, amendments, and related building documents (primary source dated 2026). Board policies can change by amendment — confirm at the offer stage.
Every recorded sale at this building, 2004–2025
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- Recent range
- $1.3M – $9.3M
- Listing discount
- 2.1%
- Recorded transfers
- 27
271 Central Park West is one of Schwartz & Gross's two earliest Central Park West commissions — the other being the Brentmore at 88 CPW — and it predates the firm's prolific 1920s output by more than a decade. Completed in 1913, it belongs to the small cohort of prewar Central Park West houses built before the avenue's Art Deco era, and it has held its original full-floor character ever since.
The building's defining trait is scale and rarity of turnover: just twenty-six apartments across fourteen stories, two to a floor, in a corner position that gives the east line direct Central Park frontage. Apartments seldom come to market, and when they do they range from grand prewar full-floors to the building's trophy duplexes — the 3/4E duplex has twice traded above $16.9 million.
Architecture and unit composition
Schwartz & Gross were among the most prolific apartment-house architects of early-twentieth-century Manhattan. At 271 CPW they worked in a Neo-Renaissance vocabulary with French Second Empire elements — a brick facade with faux balconies and a stone frieze of garlands and shields that lends the building a strong horizontal emphasis, distinct from the verticality of the Deco towers that would later rise up and down the avenue.
Developer Samuel A. Herzog assembled the lots in August 1912 and completed the building by September 1913. It leased quickly — roughly 60 percent rented by the middle of 1913 and fully leased by the time it opened — at yearly rents of $2,400 to $2,900. The original plan placed two apartments on each floor: the east apartments, facing Central Park, of nine rooms; the west apartments of eight, each with a library, separate dining and living rooms, a wood-burning fireplace, and dedicated staff rooms. The building converted from rental to cooperative ownership in the 1970s and runs today as a full-service house.
What the sales record shows
271 CPW trades thinly and across a wide range, as a twenty-six-unit prewar cooperative does — from ground-floor and lower units in the seven figures to full-floor and duplex apartments well into eight. The 3/4E duplex is the building's high-water mark, recorded at $16.995M (2015) and again at $17.75M (2018); Penthouse 12W, the building's one apartment with private outdoor space, closed at $13.9M (2010).
Value here turns heavily on line and exposure — the park-facing east nine-room apartments carry a clear premium over the west eight-room layouts. The full recorded-sales history, with monthly carrying costs and asking-price context, is in the Data Room below.
Policy framework
271 CPW is a full-service cooperative. Board-package and house-rule specifics — financing maximum, flip tax, pet policy, and sublet, trust, and LLC posture — are not uniformly published and should be confirmed with the managing agent at offer stage. As with peer Central Park West cooperatives, expect a board interview, substantial post-closing-liquidity expectations, and cooperative-standard closing timelines of roughly six to ten weeks from contract.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $0 (under cap)
- Per unit / month range
- —
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
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.
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).
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City record last verified September 2026.
Management & transfer contacts
- Flip tax
- 2% of purchase price (seller)
- Sublet policy
- Shareholder application fee $650
- Notable fees
- Buyer move-in/move-out $1,000 each; move deposits $1,500 each
Recent sales
Recent transfers at this building, curated by The Roebling Team research desk. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.
| Date | Unit | Apartment | Price | vs. Ask |
|---|---|---|---|---|
| Nov 14, 2025 | 1D | 2 BR · 1 BA | $1,250,000 | -3.5% |
| Jul 9, 2025 | 3RDFLWEST | 4 BR · 3.5 BA | $4,900,000 | -6.7% |
| Mar 8, 2023 | 9E | 5 BR · 3 BA | $9,300,000 | -2.1% |
| Feb 28, 2022 | 4W | 4 BR · 3 BA | $4,680,000 | +7.6% |
| Mar 13, 2019 | 2FL | 4 BR · 3.5 BA | $5,500,000 | -21.4% |
| Sep 12, 2018 | 2NDFL | 3 BR · 2.5 BA | $3,900,000 | +0.1% |
| Apr 24, 2018 | 3 | 6 BR | $17,750,000 | +0.0% |
| Nov 3, 2017 | 7E | 4 BR | $8,475,000 | -3.1% |
Market read. $/sf is measured on the latest sales with reliable square footage (2015): a median $2,833/sf across 1 sale. The building has traded as recently as 2025. Median listing discount 2.1% 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.
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 1-01201-0029) 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.
Comparable buildings
If you're considering 271 CPW, also evaluate its Central Park West neighbors:
- 262 Central Park West (The White House) — Sugarman & Berger 1929 Italian Renaissance cooperative, the adjoining blockfront to the south
- 275 Central Park West — same-block prewar cooperative neighbor
- 279 Central Park West — Central Park West cooperative to the north
- 241 Central Park West — prewar Central Park West cooperative
- 295 Central Park West — Central Park West cooperative peer
Sources: The Roebling Research Library (offering plans, house rules, financial statements, internal transaction records); NYC Department of Finance recorded transfers; publicly recorded NYC building data.
The neighborhood
For the full corridor — architecture, schools, transit, and pricing across Central Park West — read The Roebling Team Guide to Central Park West.
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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