50 Central Park South (Ritz-Carlton Residences)
50 Central Park South, New York, NY 10019
BBL 1012747503 · BIN 1035256
- Type
- Condominium
- Units
- About 12
- Floors
- 33
- Landmark status
- Not an individual landmark; not in a historic district
- NYC Landmarks Preservation Commission and City Planning records, updated February 2026
- Leasing by owners
- Permitted
- Pets
- Pets permitted; species and limits not stated
- Doorman
- Full-time doorman
Ritz-Carlton Residences at Central Park sales history: 21 recorded sales
Every recorded sale at this building, 2004–2024
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf, 2024
- $3,846
- 1 sale
- Listing discount
- 20.4%
- Recorded sales
- 21
- On record
- 2004–2024
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at Ritz-Carlton Residences at Central Park 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.
The Ritz-Carlton Residences at 50 Central Park South occupy a particular position within the Manhattan mixed-use trophy hotel-residence canon. The 33-story building is the 1930 Hotel St. Moritz, renovated and converted in 2002 for the opening of the Ritz-Carlton New York, Central Park flagship. The residential component is the smallest among the major Central Park South mixed-use hotel-residences — approximately 12 residential units relative to the hotel's 261 hotel rooms — producing a property that operates primarily as a luxury hotel with a select residential program rather than the residentially-dominant configurations at The Plaza or Essex House.
The Ritz-Carlton operating model produces particular characteristics. Hotel-operator-managed residential programs offer specific advantages — hospitality-grade service integration, in-residence dining from the hotel kitchen, valet and concierge service at hotel-tier standards, access to the full hotel amenity program. The trade-off is the program's structural balance — residents share circulation with hotel guests; the building's overall identity is hotel-anchored; and the residential carrying cost includes infrastructure shared with the hotel operation.
The 50 CPS positioning is structurally distinctive within the Central Park South corridor. The building sits between Fifth and Sixth Avenues, at the heart of the Plaza District. Central Park is immediately north across the avenue. The Plaza Hotel (Hardenbergh 1907) is two blocks east at Grand Army Plaza. Essex House (Grad 1931) is three blocks west. The Park-facing inventory commands direct sight lines across Central Park to the West Side and the Manhattan skyline beyond.
The residential component contains 12 homes. Review dated transfers and current listings to assess turnover and pricing, and compare the hotel service arrangements and governing documents with other ownership options.
For buyers, 50 CPS represents a particular tier of Central Park South inventory: hotel-operator-managed residential program at the Ritz-Carlton service standard, direct Central Park frontage, small (12-unit) residential scale, and integration with the hotel's full amenity infrastructure. Assess pricing using dated sales of residences with comparable floor, exposure, condition and hotel service obligations.
Architecture and unit composition
The approximately 12 residential units span configurations from approximately 1,500 sf 2BRs to substantially larger 3–4 BR configurations and combined apartments distributed across the building's residential floors above the hotel program.
Park-facing apartments command direct Central Park views — sight lines across the Park to the Reservoir, the West Side beyond, and depending on floor altitude, longer view envelopes north toward Harlem. The Park view is the structural amenity for buyers.
Interior finishes are at the 2002-era luxury condominium standard, with subsequent renovations across the building's two decades of operation. The hotel-operator-managed program produces particular consistency in service infrastructure and concierge-level amenity access.
Building operations
50 CPS operates as a mixed-use Ritz-Carlton-managed property with full-time doorman (dedicated residential entrance), 24-hour concierge, valet parking, integrated access to the hotel's full service infrastructure, in-residence dining, and private clubroom and amenity programs for residents.
The operator-managed model produces both advantages and complexities. Advantages: hospitality-grade service at consistent standards, in-residence dining and event hosting, hotel amenity access (spa, fitness, restaurant programs). Complexities: shared circulation with hotel guests, premium common charges reflecting the hotel-integrated infrastructure, and the operator-managed model's particular conventions for residential ownership in a hotel-dominant program.
Common charges and property taxes are substantial. The mixed-use program produces particular financial structures that buyers should review carefully during due diligence.
Sublet and pied-à-terre policy
A condominium owner leasing a unit and a co-op shareholder subletting are different rules, and a building-wide rule is different from a restriction on one apartment. This is the building's rule; confirm it for the specific apartment.
- Leasing by owners
- PermittedSource: The Roebling Team's building profile
- Pied-à-terre ownership
- Not verified
Considering an apartment here? Send Corey the listing to discuss the sublet and pied-à-terre rules for that apartment.
Own an apartment here? Request an apartment-specific pricing review.
Pets and in-unit washer/dryer
- Pets
- Pets permitted; species and limits not statedSource: The Roebling Team's building profile
- In-unit washer/dryer
- Not verified
Considering an apartment here? Send Corey the listing to confirm the pet and washer/dryer rules for that apartment.
Building staffing and amenities
- Doorman
- Full-time doormanSource: The Roebling Team's building profile
- Concierge
- YesSource: The Roebling Team's building profile
- Valet
- YesSource: The Roebling Team's building profile
- Elevator
- YesSource: NYC Department of Buildings elevator records
- Amenities noted
- Fitness room, spa, residents' lounge, garageSource: The Roebling Team's building profile
Staffing and amenities as our building profile and recent listing records describe them. A feature not listed is not confirmed absent. Outdoor space, parking and some facilities can belong to particular apartments or to a separate owner; confirm access for the specific apartment.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $390,890/yr
- Per unit / month range
- $0 – $2,715
- Modeled exposure split equally across 12 units (the residential count on the city's lot record). Not an assessed amount; condominium owners are typically charged by each unit's common-interest percentage.
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City data last refreshed October 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. A filed Safe grade is not a guarantee of current condition: owners still maintain the facade and, where required, observe parapets each year. Future inspection timing (Local Law 49 of 2025 changed the cycle framework from October 1, 2026), repair and any assessment decisions remain building-specific.
How to read this, and where it comes from
QEWI = Qualified Exterior Wall Inspector — a licensed professional engineer or registered architect who meets DOB’s FISP qualifications and signs the report (the independent expert, not the managing agent).
Penalties shown are amounts DOB assessed against filings on record across 2005–10 to 2025–30. 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 data last refreshed October 2026.
Recent sales
Recent closings at this building, from The Roebling Research Library. 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 | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Jun 17, 2024 | 24B | 3 BR · 3.5 BA · 3,895 sf | $14,980,000 | $3,846/sf | -19.0% |
| Dec 22, 2023 | PH23 | 6 BR · 7.5 BA · 9,455 sf | $27,900,000 | $2,951/sf | -24.6% |
| Dec 22, 2023 | 23 | 6 BR · 7 BA · 9,455 sf | $27,900,000 | $2,951/sf | -24.6% |
| Mar 12, 2021 | 27 | 2 BR · 7.5 BA · 6,829 sf | $18,600,000 | $2,724/sf | -36.9% |
| Sep 7, 2017 | 33 | 2 BR · 3.5 BA · 4,600 sf | $25,000,000 | $5,435/sf | -9.1% |
| Nov 2, 2016 | 24B | 3 BR · 3,895 sf | $20,500,000 | $5,263/sf | -12.8% |
| Aug 9, 2011 | 29 | 4 BR · 5,954 sf | $30,000,000 | $5,039/sf | — |
| Sep 15, 2008 | 32 | 4,729 sf | $17,000,000 | $3,595/sf | — |
Market read. Most recent trades (2024) cleared a median $3,846/sf (recorded) across 1 sale. Median listing discount 20.4% 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 1-01274-7503; each condominium apartment is its own tax lot). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage from recorded condo declarations and offering plans.
What would your apartment rent for?
Enter your apartment and I'll send you what it would rent for, from comparable closed leases at Ritz-Carlton Residences at Central Park and nearby.
Buying here? Condo closing costs with a mortgage typically run 3 to 6% of the price. See NYC co-op and condo closing costs, line by line.
Keep up with Ritz-Carlton Residences at Central Park and its market
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What to know if you’re buying
Understand the hotel-operator-managed model. Buyers acquire a residential unit in a Ritz-Carlton-managed property. The operating model differs structurally from purely-residential Central Park South cooperatives — service is hospitality-grade and consistent; common charges reflect the operator-managed infrastructure; the residential program is small relative to the hotel.
The Ritz-Carlton service standard is the differentiator. Buyers who value branded-residence service consistency, in-residence dining, and hotel amenity access find 50 CPS structurally positioned for them. Buyers who want strict residential privacy may prefer purpose-built Central Park South cooperatives (Hampshire House, 200 CPS).
Condo / private-residence flexibility is real. Foreign buyers welcome; pied-à-terre and investment use permitted; subletting allowed under the governing documents. Confirm specifics during the contract review process.
Park views are the structural amenity. North-facing apartments command direct Central Park sight lines.
Mansion tax cliff effects routinely apply. Run pricing through the Mansion Tax Calculator.
Compare hotel-integrated carrying costs. Review current common charges and assessments for the hotel-integrated infrastructure against matched Central Park South residences, including the services and taxes covered by each charge.
What to know if you’re selling
Marketing requires global reach. The buyer pool is international, and Ritz-Carlton-channel referrals supplement public listing channels meaningfully.
Pricing requires apartment-level context. The 12-residence scale and varying configurations produce meaningful pricing variation by floor, exposure, and configuration.
The Ritz-Carlton brand is a marketing asset. Listing copy should reference the operator-managed service standard and the hotel amenity integration.
Comparable buildings
If you're considering 50 Central Park South, also evaluate:
- The Plaza (1 CPS / 768 Fifth) — Hardenbergh 1907; larger residential portion in historic landmark
- Essex House (160 CPS) — Frank Grad 1931; mid-sized residential portion in Art Deco landmark
- The Pierre (795 Fifth) — Schultze & Weaver 1930; cooperative hotel-residence
- The Sherry-Netherland (781 Fifth) — Schultze & Weaver 1927; cooperative hotel-residence
- The Mark (25 East 77th) — boutique hotel-residence with Madison Avenue positioning
- The Carlyle (35 East 76th) — Bien & Prince 1930; cooperative hotel-residence
More Central Park South buildings
- The Plaza (1 Central Park South / 768 Fifth Avenue) — 1907 condominium by Henry Janeway Hardenbergh
- 58 West 58th Street (Tower 58) — 1969 condominium
- 100 Central Park South (Trump Parc East) — 1918 condominium
- 100 West 58th Street — 1926 condominium
- 106 Central Park South (Trump Parc) — 1930 condominium
- 111 West 56th Street (ONE11 Residences) — 1981 condominium by Philip Birnbaum & Associates
The neighborhood
For the full corridor — architecture, transit, and pricing across Central Park South — read The Roebling Team Guide to Central Park South.
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.
Considering a move at Ritz-Carlton Residences at Central Park?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
646.939.7375 · c.cohen@compass.com