RealtyLens
for saleRealtyLens property overview
$24,500,000

50 Central Park S Unit 27

Manhattan, NY, 10019
View more Manhattan, NY property pages
3Beds
3.5Baths
6,829Sqft
$3588$/sqft

Listing Notes

New York City offers no shortage of residences that impress on first impression. Far fewer continue to function with ease, discretion, and coherence as years pass and ownership deepens. This full-floor home at The Ritz-Carlton Residences on Central Park South was conceived with that longer horizon in mind. One of only twelve private residences in the building, the home spans over 6, 800 square feet of interior living and more than 1, 200 square feet of outdoor space, with open views across Central Park and the Manhattan skyline. The scale is evident from the outset, yet the experience is defined less by volume than by balance and dimension. Elevation, proportion, and orientation work together to establish calm distance from the city's energy while preserving a constant visual connection to it. Upon arrival, a dedicated landing leads through a sculptural bronze entry into a gallery framed by custom Lalique windows, creating a deliberate transition from public to private. Designed by Thierry Despont, the architecture reflects a disciplined sensibility, measured, intuitive, and enduring. Spaces unfold with clarity and purpose, allowing the home to feel expansive without ever feeling excessive. The principal entertaining rooms are generous but grounded. A grand living room anchored by an antique marble fireplace opens into a richly paneled library with a discreet Lalique-detailed bar, supporting both formal gatherings and everyday use with equal ease. Floor-to-ceiling French doors extend the living spaces onto a 53-foot terrace directly facing Central Park, offering an outdoor setting that feels both open and composed, shifting subtly with light and season. A formal dining room occupies the northwest corner, capturing open park and skyline views, while an adjacent breakfast room connects to a chef's kitchen designed for daily use. Expansive work surfaces, refined cabinetry, and well-considered proportions reflect a space intended to operate quietly and efficiently. A second terrace, nearly 40 feet in length, provides an additional outdoor dimension for informal dining or unhurried moments above the city. The entire east wing is devoted to the primary suite, functioning as a self-contained residence within the home. Spanning approximately 2, 000 square feet, it offers a rare degree of separation. The bedroom looks directly onto Central Park, while two onyx and marble bathrooms, dual dressing rooms, a private office, and a sitting room create an environment that is adaptable, personal, and deliberately shielded from the home's more public areas. The southwest wing is organized with the same clarity and foresight, housing two additional bedroom suites, a comprehensive utility and laundry room, and a terrace overlooking Sixth Avenue. This arrangement allows daily conveniences to remain efficient and contained, without encroaching on the primary living and entertaining spaces. Rising 33 stories at Central Park and Sixth Avenue, The Ritz-Carlton Residences have anchored this corner of Manhattan since 1931. Few addresses offer such immediate proximity to cultural institutions, green space, and transportation while retaining a sense of order and composure that newer developments often struggle to achieve. Fifth Avenue, Carnegie Hall, Broadway, and the park itself are moments away, yet from within the residence, the city feels structured and legible rather than intrusive. Ownership is supported by a private residential lobby and a fully separate entrance, allowing access to The Ritz-Carlton's services without imposing a hotel dynamic on daily life. A dedicated residential staff supports owners with discretion, while amenities, including the La Prairie Spa, fitness center, business facilities, dining, and in-home services, remain available on an opt-in basis, accommodating both full-time living and intermittent use with equal ease. 50 Central Park South uniquely combines the architectural pedigree of Emery Roth's historic Ritz Hotel with th

Market Insights

Below nearby median-27%

$3588/sqft vs a nearby median of $4944/sqft.

Nearby median$4944/sqft
Nearby properties8
Property size6,829 sqft
  • -27% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 6,829 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$36M$32M$39M · 50% confidence
vs ask $25M−$11M (−45.4%)

Asking price is about 45.4% below the fair value — likely to draw competing offers if it's still on market.

$4,944/sqft median across 8 tight comps × 6,829 sqft= $34M
  • Transit access+$1.35M +4.0%
  • Pre-war character+$844k +2.5%
  • Days-on-market gravity−$338k −1.0%
Cumulative NYC adjustments+$1.86M+5.5%

Property Read

FreshnessCurrent market data

The listing facts are current enough for an initial property review.

Market Position-27% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read2 items to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
95 days
Last price change
No change recorded
Listed
Feb 6, 2026
Photos
29 photos
Property type
condos
Status
for sale
Last sold
Mar 24, 2021 · $18,600,000

Features & Amenities

DoormanElevatorTwo Or More StoriesLibraryEfficientViewsChefs KitchenFireplaceOfficeDen

Photos

Building Facts

Year built
1931
Stories
33
Total units
14
Residential units
12
Building area
7.44 ac
Lot size
24,120 sqft
Land use
Mixed residential and commercial buildings
Building class
RM

From NYC public records where available.

Price History

May 4, 2026Initial record
$24,500,000for sale

You can also find this listing on StreetEasy.

Listing data sourced from streeteasy.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.