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25+ years experience · 1,000+ transactions · 5-star reviews
Manhattan · New York, NY
99 active listings · Median $1.7M
Calculating market narrative...
A co-op-led submarket with strong rent growth, sale values below the 5-year high, and sale listings clearing quickly.
Median asking rent in Central Park South is $12,500/month, $1,500 below the 5-year high set in Nov 2025. Rents are up +38.9% year over year and +68.9% over the past 5 years. Median sale price stands at $1.70M, 59.5% below the 5-year high recorded in Mar 2026. Sale prices are down -24.4% year over year. Sale listings are clearing 164 days faster than at this point last year.
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 Jun 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...
In my 25+ years selling real estate across New York City, I use this Central Park South data in real negotiations, not just for a web page.
| 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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Calculating market narrative...
| Inventory & Activity | |
| Active Listings | 105 |
| Pending Sales | 18 |
| New This Week | 0 |
| New This Month | 7 |
| Avg DOM | 108 days |
| Price Cut Rate | 14.3% |
| Recent Sales | |
| Sold Last 30 Days | 4 |
| Sold Last 90 Days | 11 |
| Sale-to-List | -- |
| Asking Prices | |
| Median Asking | $1,700,000 |
| Average Asking | $6,922,729 |
| Median $/SqFt | $2,167 |
| Median Condo | $1,700,000 |
| Median Co-op | $2,800,000 |
Based on active listings in Central Park South
| Type | Active Listings | Median Price | Price Range |
|---|---|---|---|
| Studio | 13 | $900,000 | $670K - $1.60M |
| 1 Bedroom | 18 | $1,247,500 | $425K - $4.89M |
| 2 Bedrooms | 28 | $3,300,000 | $598K - $20.00M |
| 3+ Bedrooms | 37 | $11,500,000 | $975K - $45.00M |
View active listings by size:
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 is refreshed every 15 minutes per REBNY IDX requirements.
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."
Mott Haven +730.4% (thin 2010 base), Battery Park City -8.7%: how 156 NYC neighborhoods held value 2010 to 2026, plus the 2020 stress test by borough.
On a $1M NYC purchase: co-ops run $20K-$30K, condos $38K-$42K, new dev $60K+. See every fee, who pays, and 5 ways to cut your bill.
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The median sale price in Central Park South is $1.7M. Condos sit at a median of $1.7M and co-ops at $2.8M. Sale prices are down 24.4% year over year.
No. The median sale price in Central Park South is currently 59.5% below the 5-year high recorded in March 2026. 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 108 days on market. That is 164 days faster than the same point a year ago. Roughly 14.3% of active listings have recorded a price cut, suggesting some negotiating room.
Central Park South is currently tilting toward buyers. Median days on market is 108 days and roughly 14.3% of active listings have recorded a price cut, both indicating room to negotiate.
Central Park South offers both co-ops and condos. Co-ops are the higher-priced segment at a $2.8M median, with condos at $1.7M.
Roughly 1 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 $12,500/month. Live RLS listings show studios at $5,500, 1-bedrooms at $6,200, 2-bedrooms at $11,450, 3+ bedrooms at $20,000 per month. Rents are up 38.9% year over year.
Median asking rent in Central Park South is currently $1,500 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 68.9% 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 $1.9M, Manhattan at $1.2M, Midtown West at $895K, Midtown East at $875K. 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: milton@miltoncoste.com.
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Licensed Real Estate 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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