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407 Central Park W PH7BNew York, NY 10025

For Sale

$1,595,000

Smart Buyer Rebate $19,938

  Stunning Prewar Duplex Penthouse Overlooking Central Park OPEN HOUSES are BY APPOINTMENT ONLY   With sweeping views of Central Park and an approx. 300 sq. ft. terrace, this incomparable prewar 2 bedroom, 2 bathroom duplex penthouse is now offered for sale for the first time in the building's history. The lower level of this stunning property features a gracious entrance foyer preceding a dramatic north-east corner exposure living room with direct park views. The large kitchen is open to the living room and features new quartz countertops, a breakfast bar and a window facing the park. A spacious west-facing bedroom with two substantial closets, a classic prewar windowed bath and a coat closet are also located on this floor. A flight of stairs off the living room leads to the upper level of the penthouse. This floor features an incredible triple-exposure primary bedroom with a gas fireplace, 10 ft. ceilings, a wall of windows facing the park plus an en-suite windowed bath. Just off the primary bedroom is a spectacular approx. 300 sq. ft. east-facing terrace with sweeping views of Central Park and the city skyline Additional features of the home include a new split-system central AC/heat, oak hardwood floors and beautiful original doors with the original hardware. Built in 1900, 407 Central Park West is an established 7-story, 28-unit prewar cooperative with an elegant lobby, full-time resident manager, recently modernized elevator, bike room, central laundry room and private storage. The Central Park reservoir running track, Central Park tennis center, the North Meadow ball fields and recreation center (basketball and handball) are just across the street and the C, B trains are only two blocks away. The building allows up to 80% financing. Sorry, no dogs. All material presented herein is intended for information purposes only. While this information is believed to be correct, it is represented subject to errors, omissions, changes, or withdrawal without notice. All property information, including, but not limited to square footage, room count, number of bedrooms and the school district in property listings should be verified by your own attorney, architect, or zoning expert. All square footage and dimensions are approximate. Exact dimensions can be obtained by retaining the services of a professional architect or engineer. No representation is made as to the accuracy thereof, and such information is subject to errors, omission and change of price, rental, commission, prior sale, leasing, or withdrawal without notice.  

Listed by David A Glick

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License #10301217289

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Douglas Elliman Real Estate

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Last updated September 07, 2025

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Source: REBNY #RLS20019911

Listing Facts

  • TypeCo-op
  • NeighborhoodManhattan Valley
  • Bedrooms2
  • Bathrooms2
  • Days on Prevu133
  • HOA/Maint. Fees$3,701/month
  • Size1,200 sqft
  • Price per sqft$1,329

Amenities

  • Private Outdoor Space
  • Pets Allowed

Location

Mortgage Calculator

Listing History

07/15/2025
Price Decreased
$1,595,000
04/29/2025
Listed by Douglas Elliman Real Estate
$1,699,000

Estimated Closing Costs

Total
$25,450
Attorney Fees
$4,000
NYC Mansion Tax
$15,950
Bank Attorney
$1,500
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $1,595,000 and a 25% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 407 Central Park W PH7B

Association

Amenities

  • Pets Allowed: Building Yes, Yes
  • Concierge: Video Doorman Full Time

Fees

  • Association Fee: $3,701.00 Monthly

Financial

  • Flip Tax: 3.0%
  • Flip Tax Remarks: 3% Of Gross Sales Price

Compensation

Commissions

  • Buyer Agency Compensation: 3.0Percent

Exterior

Construction

  • Number Of Units Total: 28
  • Property Condition: Excellent
  • Stories Total: 7
  • Structure Type: High Rise
  • Year Built: 1900
  • Entry Level: 7

Features

  • Building Features: Elevator(s)
  • View: City, Park/Greenbelt, Panoramic

Interior

Features

  • Fireplace Features: Gas
  • Fireplace: Yes
  • Fireplaces Total: 1

Measurements

  • Living Area: 1,200
  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 2
  • Rooms Total: 4

Other

Location

  • City Region: Manhattan
  • Subdivision Name: Manhattan Valley
  • Tax Block: 01836
  • Tax Lot: 0031

Based on information from Real Estate Board of New York and/or other sources. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.