Marketproof-Download-11_11_2025-28e05f7b-a961-42c4-becb-fdc4bc53b169

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220 Central Park South

CENTRAL PARK SOUTH, MANHATTAN

Report Date: November 11th, 2025

SUMMARY

Building Type: Condo

Building Stage: Resale

Sales Started: 6 Years Ago (05/13/2019)

Closings Started: 7 Years Ago (10/29/2018)

Offering Type: New Construction Condominium

Developer: Vornado Realty Trust

Architect: Robert A M Stern Architects

Landscape Design: --

220 Central Park South, completed in 2018, is a 70-floor luxury residential tower located in the Central Park South neighborhood of Manhattan Designed by Robert A M Stern Architects and developed by Vornado Realty Trust, the building features 116 units and interiors by Thierry Despont. Amenities include a concierge, doorman, elevator, roof deck, swimming pool, fitness center, parking, and pet-friendly policies The

AMENITIES

building offers residents exclusive access to a private JeanGeorges restaurant, a 75-foot swimming pool, basketball and squash courts, a rock-climbing wall, private theater, game room, children’s playroom, and rooftop garden bar The neighborhood is notable for its prestigious location that presents sweeping views of Central Park and an iconic Manhattan skyline

220 Central Park South BUILDING ANALYSIS

The average asking price at 220 Central Park South is $44M with an average sold price of $34M for the past 24 months, indicating a substantial premium in asking prices compared to closing prices. The average asking price per square foot is $10,176, while the average sold price per square foot is

significantly lower at $5,437 With only 116 total units, the building maintains an exclusive unit mix catering to luxury buyers, reflected in the high average prices. The data suggests a strong initial pricing strategy with some moderation in final sale negotiations.

CENTRAL PARK SOUTH NEIGHBORHOOD ANALYSIS

CONTRACTS

Sales Contract Activity in Central Park South / Q3 2025

In the last completed quarter, the Central Park South neighborhood recorded 9 contracts totaling $43.8M across 7 buildings. There were no new developments contracted this period Resale condos accounted for 4 contracts and resale coops for 5 Compared to the previous year-over-year quarter,

which had only 7 contracts across 5 buildings totaling $68 8M, the current quarter shows an increase in contract count but a decrease in total value. New development activity remains absent in both periods

CENTRAL PARK SOUTH NEIGHBORHOOD ANALYSIS

Average Sold Price / SF in Central Park South / Q3 2025

$1,395 NEW DEV

0 Quarter-over-Quarter

0 Year-over-Year

$3,892

144 4% Quarter-over-Quarter 0 Year-over-Year

In the last completed quarter, condos in Central Park South averaged $3,892 per square foot, up from $0 in the previous year-over-year quarter due to no recent condo sales then; coops averaged $2,286 PPSF, an increase compared to $2,109 PPSF previously; and new developments averaged $1,395 PPSF, showing a rise from zero previously Compared to 220 Central

$2,286

32 6% Quarter-over-Quarter 8 4% Year-over-Year

Park South’s average asking price PPSF of $10,176, the building’s pricing is significantly higher than the neighborhood averages. Overall, the price trend for condos and co-ops in the neighborhood is upward when comparing current to prior periods

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Marketproof-Download-11_11_2025-28e05f7b-a961-42c4-becb-fdc4bc53b169 by Carol Staab - Issuu