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25+ years experience · 1,000+ transactions · 5-star reviews
Manhattan · New York, NY
109 active listings · Median $1.1M
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A primarily co-op submarket with strong rent growth and sale values below the 5-year high.
Median asking rent in Central Park South is $12,000/month, $2,000 below the 5-year high set in Nov 2025. Rents are up +50.1% year over year and +71.4% over the past 5 years. Median sale price stands at $1.07M, 61.7% below the 5-year high recorded in Dec 2010.
Across NYC, the FARE Act has tightened agent-listed rental supply since August 2024 by shifting the broker fee to landlords who engage a broker. Roughly 35 to 40% of NYC lease signings occur between mid-June and August 15.
Source: StreetEasy market data, through Mar 2026.
Central Park South is one of the most recognized and sought-after residential stretches in the world. Often associated with 'Billionaires' Row,' the neighborhood offers unparalleled, unobstructed views of Central Park. The real estate market is a mix of legendary pre-war cooperatives, historic hotel...
| Borough | Manhattan |
| Zip Code | 10019 |
| Subway | 1, 4, 5, 6, A, B, C, D, E, F, M, N, Q, R, W trains |
| Building Types | Pre-war buildings, Co-ops |
Stations: 57 St (0.06 mi), 59 St-Columbus Circle (0.26 mi), 5 Av/53 St (0.39 mi), 66 St-Lincoln Center (0.62 mi), 59 St (0.65 mi)
Midtown: 6 min (F express from 57 St)
Live data from REBNY/RLS. Updated every 15 minutes.
Median closed sale price by month
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Based on active listings in Central Park South
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Properties in Central Park South
REBNY/RLS Disclaimer: Listing data is derived in whole or in part from the RLS at REBNY (Real Estate Board of New York) Internet Data Exchange (IDX) database. Real estate listings held by brokerage firms other than Milton Coste | Keller Williams NYC are marked with the RLS logo. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 1/1/1970.
Experience across NYC
Transactions closed
Active in Manhattan
Milton Coste is a Licensed Real Estate Associate Broker with Keller Williams NYC. His work covers all five boroughs, with deep experience in co-op boards, condo offerings, townhouse sales, and rental transactions. For Central Park South buyers and sellers, that track record means a broker who has negotiated every type of deal this market produces.
"Milton made the entire buying process seamless. His knowledge of the local market and negotiation skills saved us thousands. Highly recommend for anyone looking in Upper Manhattan."
"We sold our co-op in record time thanks to Milton's marketing strategy. Professional photography, virtual tour, and targeted digital ads brought multiple offers within the first week."
About 10% of Manhattan condo sales are pied-a-terre purchases. Here is what you need to know about taxes, boards, and financing.
About 10% of Manhattan condo sales are pied-a-terre purchases. Here is what you need to know about taxes, boards, and financing.
The median sale price in Central Park South is $1.1M. Co-op sales make up the bulk of activity, with a median of $1.9M. Year-over-year price comparisons swing meaningfully when monthly closed-sale counts are low, so a single recent month is best read alongside the longer-term price trend.
No. The median sale price in Central Park South is currently 61.7% below the 5-year high recorded in December 2010. That gap can favor buyers searching for value relative to the neighborhood's past peak.
Sale listings in Central Park South have a median of 80.5 days on market. Roughly 17.6% of active listings have recorded a price cut, suggesting some negotiating room.
Central Park South is broadly balanced right now, with median days on market at 80.5 days and 17.6% of active listings carrying a price cut. Pricing depends heavily on the specific building and unit.
Central Park South is primarily a co-op market, with the median sale price at $1.9M. Condo inventory is limited.
Roughly 2 homes change hands each month in Central Park South across condos, co-ops, and townhouses, based on recorded closed sales. That benchmark helps gauge how quickly the market is absorbing new inventory.
The overall median asking rent in Central Park South is $12,000/month. Live RLS listings show studios at $3,400, 1-bedrooms at $6,200, 2-bedrooms at $12,500 per month. Rents are up 50.1% year over year.
Median asking rent in Central Park South is currently $2,000 below the 5-year high set in November 2025. Tenants may find slightly more value than at peak, though the gap can close quickly during peak leasing season.
Median asking rent in Central Park South has risen 71.4% over the past 5 years. That puts the neighborhood in context with longer-term NYC rent dynamics rather than just one-year noise.
Within walking or short-transit distance of Central Park South, median sale prices range across Midtown at $2.1M, Midtown West at $990K, All Midtown at $905K, Midtown East at $775K. Each has different building stock, co-op vs condo mix, and transit access, so the right comparison depends on the buyer's priorities.
Central Park South is served by the 1, 4, 5, 6, A, B, C, D, E, F, M, N, Q, R, W trains. The commute to Midtown Manhattan runs roughly 6 minutes from 57 St.
Under the FARE Act in effect since August 2024, NYC landlords who engage a broker pay the broker fee directly rather than passing it to tenants. In neighborhoods like Central Park South, this has shifted some smaller landlords toward self-listing, which has tightened the supply of agent-listed rentals citywide and lifted competition for what remains on market.
Milton Coste is a Licensed Real Estate Associate Broker with Keller Williams New York City. He has 25+ years of experience across all five boroughs, with deep transaction history in co-op board packages, condo offerings, townhouse sales, and rentals. Direct: (917) 416-7433. Email: mcoste@kwnyc.com.
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Licensed Associate Broker
Keller Williams NYC · NY #10301213304
25+ years of experience and over 2,000 transactions closed across NYC. Whether you are buying, selling, or leasing in Central Park South, I will guide you every step of the way.
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