{"id":1780,"date":"2010-03-09T13:05:56","date_gmt":"2010-03-09T17:05:56","guid":{"rendered":"http:\/\/www.propertyshark.com\/Real-Estate-Reports\/?p=1780"},"modified":"2025-07-10T09:21:02","modified_gmt":"2025-07-10T06:21:02","slug":"resell-prices-at-15-central-park-west-reach-new-heights","status":"publish","type":"post","link":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/2010\/03\/09\/resell-prices-at-15-central-park-west-reach-new-heights\/","title":{"rendered":"Resale prices at 15 Central Park West reach new heights"},"content":{"rendered":"

In January 2010, the closing of Unit 25 at 15 Central Park West marked the highest resale gain in this famed Upper West Side limestone building. The unit sold for $13,700,000 in January 2010 but was initially purchased for $5,990,000 in December 2007, an increase of 129%.<\/p>\n

\"15

15 Central Park West<\/p><\/div>\n

32 units have changed hands, some more than once, since they were first on the market in 2007. All but one resold for a higher price. The average resale increase was a whopping 63%, with 5 units (#25D, #26B, #38A, #24F,#29C) resold for more than twice the initial price paid for them.<\/p>\n

13 units have resold for a price difference of over $5,000,000. A premium of $16,765,000 was paid in December 2009 for a combo sale (#PH43<\/a> & #S805) over their combined July 2008 closing price. The second highest price difference was $15,500,000 for a penthouse<\/a> that sold for $37 million in September 2009 after it had been bought for $21.5 million in April 2008.\u00a0 NY Observer<\/a> has more on the story.<\/p>\n

Active listings<\/a> show that owners of 15 Central Park West apartments still expect this level of large price increases.\u00a0 The increase in asking price ranges between 45% for unit 12H<\/a>, to 130%, for unit 28B<\/a>.<\/p>\n

\"Unit<\/a>

Unit 12 at 15 CPW Source: Brown Harris Stevens<\/p><\/div>\n

Browse current apartments for sale on the Upper West Side.<\/p>\n","protected":false},"excerpt":{"rendered":"

In January 2010, the closing of Unit 25 at 15 Central Park West marked the highest resale gain in this famed Upper West Side limestone building. The unit sold for $13,700,000 in January 2010 but was initially purchased for $5,990,000 in December 2007, an increase of 129%. 32 units have changed hands, some more than…<\/p>\n","protected":false},"author":67,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[89],"tags":[226,172],"class_list":["post-1780","post","type-post","status-publish","format-standard","hentry","category-manhattan-real-estate","tag-15-central-park-west","tag-manhattan-apartments-for-sale"],"yoast_head":"\nResale prices at 15 Central Park West reach new heights - PropertyShark Real Estate Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/2010\/03\/09\/resell-prices-at-15-central-park-west-reach-new-heights\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Resale prices at 15 Central Park West reach new heights\" \/>\n<meta property=\"og:description\" content=\"In January 2010, the closing of Unit 25 at 15 Central Park West marked the highest resale gain in this famed Upper West Side limestone building. The unit sold for $13,700,000 in January 2010 but was initially purchased for $5,990,000 in December 2007, an increase of 129%. 32 units have changed hands, some more than…\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/2010\/03\/09\/resell-prices-at-15-central-park-west-reach-new-heights\/\" \/>\n<meta property=\"og:site_name\" content=\"PropertyShark Real Estate Blog\" \/>\n<meta property=\"article:published_time\" content=\"2010-03-09T17:05:56+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-07-10T06:21:02+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-content\/uploads\/sites\/98\/2010\/03\/15CPW1.jpg\" \/>\n<meta name=\"author\" content=\"PropertyShark Staff\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"PropertyShark Staff\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Resale prices at 15 Central Park West reach new heights - PropertyShark Real Estate Blog","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/2010\/03\/09\/resell-prices-at-15-central-park-west-reach-new-heights\/","og_locale":"en_US","og_type":"article","og_title":"Resale prices at 15 Central Park West reach new heights","og_description":"In January 2010, the closing of Unit 25 at 15 Central Park West marked the highest resale gain in this famed Upper West Side limestone building. 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