The Majestic (115 Central Park West)
115 Central Park West, New York, NY 10023
Lincoln Square, Upper West Side
BBL 1011240027 · BIN 1028618
- Year built
- 1931
- Type
- Cooperative
- Units
- 220
- Floors
- 29
- Landmark
- Designated
- Subletting
- Restrictive; minimum holding period and per-sublet board approval
- Pied-à-terre
- Permitted.
- Washer / dryer
- Permitted in-unit.
- Pets
- Permitted, subject to Board approval.
- Co-purchasing
- Parents purchasing for children not permitted.
- Guarantors
- Permitted.
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, 2002–2026
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 3BR median
- $4.9M
- Recent range
- $2.1M – $20.5M
- Listing discount
- 11.8%
- Recorded transfers
- 201
The Majestic was completed in 1931 by Irwin S. Chanin's development firm — the same group behind Manhattan's Chanin Building (122 East 42nd) and other significant Art Deco commercial work. The building's architecture, executed by Jacques Delamarre, brings the streamlined Deco vocabulary that Chanin had refined in commercial work into residential form: twin stepped towers with horizontal banding (in contrast to the Eldorado's vertical fluting), terracotta accents, and a distinctive corner-turning south elevation that addresses West 71st Street with particular flourish.
The Majestic's proximity to Central Park's southwestern corner — directly across from Tavern on the Green and adjacent to the Lincoln Center cultural corridor — gives it a different daily-life character than the more residential CPW buildings further north. Buyers at the Majestic typically appreciate this proximity; the building has historically attracted residents who value the Lincoln Center / Time Warner Center / Columbus Circle ecosystem at the southern end of CPW.
Development history. The Chanin Construction Co. bought the old Hotel Majestic on April 25, 1929, with Irwin S. Chanin personally designing the streamlined Art Deco replacement. Originally pitched at 45 stories and $16 million, the 1929 stock market crash forced a scale-back to 31 floors. The building was completed in 1931. Original residents included theatrical impresario Samuel L. "Roxy" Rothafel, playwright Harry Hershfield, and Jimmy Durante (who signed a lease in 1933).
Notable historical events. Bruno Richard Hauptmann was hired as the Majestic's building carpenter in early 1932 and quit on April 2, 1932 — the day the Lindbergh ransom was paid. He was later convicted and executed for the Lindbergh baby's kidnapping and murder. Twenty-five years later, on May 2, 1957, mob boss Frank Costello was shot in the head in the Majestic's lobby; he survived. Few residential buildings in Manhattan have a comparable two-event criminal-history record.
Architecture and unit composition
Apartments range from compact one- and two-bedrooms (700–1,400 sf) to substantial three- and four-bedroom configurations (2,000–4,500 sf), with the highest-floor tower units offering remarkable views of Central Park, the southern Manhattan skyline, the Hudson, and the bridges.
The Art Deco interiors retain significant original detail in many apartments — geometric moldings, period kitchens (typically renovated), original parquet floors. Tower units feature distinctive corner exposures and the building's characteristic stepped silhouette that creates terraces and unusual room shapes at certain altitudes.
Park-facing apartments occupy the eastern flank — direct Central Park views from low to mid floors, with the highest tower units commanding wide-angle views.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $42,830/yr
- Per unit / month range
- $0 – $15
Facade safety — Local Law 11
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.
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 →Recent sales
The Majestic's pricing pattern across 2024–2026 is shaped by line, not floor: Park-facing C/E/W combined residences trade at material premiums to the interior G/H/K/L lines on the same floors. The high-water mark of the period is the Selldorf-redesigned PH18EF at $14.5M (March 2024), originally listed in trade press at $25M — a calibration point for sellers of penthouse-level inventory. Among the more conventional sales, the May 2025 closing of 18JK at $7.1M (a combined high-floor residence with two terraces and northward sightlines over the Dakota) and the March 2026 closing of the 7CEW combined east-front at $13M illustrate how thoroughly the building's premium pricing is concentrated in the upper-floor cross-line configurations. Discount activity remains rational: the March 2025 closing of 16G at $4.875M (14.5% below the $5.7M last asking after months on market) is a useful data point for buyers in the standard one-line configurations.
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.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Jun 22, 2026 | 9B | 4 BR · 4.5 BA · 3,000 sf | $7,250,000 | $2,417/sf | +0.0% |
| May 21, 2026 | 10D | 3 BR · 2.5 BA | $8,350,000 | +1.2% | |
| Apr 6, 2026 | 2F | 3 BR · 3.5 BA · 3,000 sf | $4,872,000 | $1,624/sf | -2.6% |
| Mar 11, 2026 | 7C | 4 BR · 4.5 BA · 4,000 sf | $13,000,000 | $3,250/sf | -13.3% |
| Dec 1, 2025 | 6K | 4 BR · 3 BA | $3,150,000 | -12.5% | |
| Sep 2, 2025 | 9A | 4 BR · 4 BA | $4,425,000 | -3.8% | |
| Jun 16, 2025 | 4E | 3 BR · 3 BA | $5,200,000 | -9.6% | |
| May 30, 2025 | 18JK | 3 BR · 4 BA | $7,100,000 | -10.7% |
Market read. Most recent trades (2026) cleared a median $1,886/sf across 3 sales. Median listing discount 5.5% 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.
Other recent transfers
| Date | Unit | Price |
|---|---|---|
| Jan 2, 2008 | 30C | $6,995,000 |
| Feb 1, 2006 | 26F | $2,975,000 |
| Nov 22, 2005 | 29C | $825,000 |
| May 23, 2005 | 8F | $3,200,000 |
| Nov 1, 2004 | 24F | $2,150,000 |
| Oct 15, 2003 | 5E | $6,500,000 |
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 1-01124-0027) 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
Board approval is rigorous. The Majestic's board reviews carefully but with a slightly broader profile than the Beresford or San Remo. Strong financial profiles and primary-residence intent are advantageous.
Pied-à-terre approval is uncommon but not impossible. The board generally prefers primary-residence buyers; pied-à-terre cases are evaluated individually.
Renovation is constrained by landmark status. Wholesale modernization of Art Deco interiors is generally not approved; renovation respecting period detail is the expected path.
Daily-life proximity to Lincoln Center / Columbus Circle. This is a notable feature for buyers who use the cultural and retail corridor at the southern end of CPW heavily.
View permanence is excellent. Central Park at the eastern flank, residential streets surrounding, and the building's tower height ensures sustained views.
What to know if you’re selling
Pricing is tier-one within CPW pre-war. Apartments compete primarily with the San Remo, Beresford, and Eldorado. The Majestic's southern CPW positioning attracts a slightly different buyer profile than the more residentially-quiet northern stretches.
Buyer pool spans domestic and limited international. Foreign buyer participation is constrained but slightly more accessible than at the most rigorous tier-one boards. Sellers should expect the marketing to reach both pools.
Mansion tax effects matter. Apartments commonly transact above $3M and routinely above $5M. Run pricing through the Mansion Tax Calculator.
Closing timelines are co-op standard. 4–8 weeks from contract signing to closing.
Comparable buildings
If you're considering The Majestic, also evaluate:
- The San Remo (145 CPW) — Roth twin-tower landmark, more central CPW
- The Eldorado (300 CPW) — Art Deco twin-tower landmark, northern CPW
- The Beresford (211 CPW) — Roth three-tower landmark
- The Century (25 CPW) — Art Deco twin-tower, immediately south
- 15 Central Park West — newer condo alternative
- The Dakota (1 W 72nd) — adjacent CPW co-op
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.
Considering a move at The Majestic?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at The Majestic 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.