The Majestic - 115 Central Park W, New York, NY 10023 Property Information
The Majestic - 115 Central Park W, New York, NY 10023 Property Information
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- Documents
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Address
| Building name | The Majestic |
| Primary address | The Majestic - 115 Central Park W |
| Secondary address | 3-7 W 71st St |
| Neighborhood | Lincoln Square |
| Zip code | 10023 |
| Borough | Manhattan |
| Block & lot | 01124-0027 |
Sales & Tax Overview for 115 Central Park W, New York
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Tax class | Register |
| Estimated property tax | $8,851,644 |
Lot & Building Information for 115 Central Park W, New York
| Lot sqft | 42,143 |
| Lot dimensions | |
| Building class | Elevator Apartments Cooperatives Building (Other than Condominiums) (XD4)
|
| Building sqft | 617,569 |
| Building dimensions | |
| Buildings on lot | 1 |
| Stories | 31 |
| Year built | 1931 |
| Year last altered | 2012 |
| Frontage(s) | District Boundary (narrow) West 71 Street (narrow) Central Park West (wide) |
Area Overview
| School district | 3 |
| Community district | 7 |
| Closest police station | 0.52 Miles |
| Closest fire station | 0.42 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Building Description
One of the city and the world's first true skyscrapers, the Majestic is an Art Deco, steel-framed building constructed between 1930 and 1931 by architects Irwin S. Chanin and Jacques Delamarre. The Majestic was to be a 45-story hotel, but with the Crash of 1929, the plans were changed and the Multiple Dwelling Act restricted the building's height. The Majestic is a 29-story, 617,569 square feet building featuring 221 residential units and 15 commercial units.
Located right across the street from Central Park offers residences the very best in shopping opportunities as well as recreation and cultural destinations. The Majestic extends a welcome to families by offering a children's playroom, room for pets, and a rooftop solarium. Plus, PS 452 is just half a mile away. The interior apartments have a focus on using natural light to make for cheery interiors with wide-ranging views. Just as cheerful is the full array of help provided for residents - porters, doormen, concierge, and elevator attendants are all on standby for their needs.
Other Property Data for 115 Central Park W, New York
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Alternate Addresses
You will find all alternate addresses for the property in this section.
- 3-7 W 71st St, New York, NY 10023
- 2-6 W 72nd St, New York, NY 10023
- 8 W 72nd St, New York, NY 10023
- 115 CPW, New York, NY 10023
About 115 Central Park W, New York
The Majestic - 115 Central Park W, New York, NY 10023 was built in 1931 and has a total of 617,569 square feet.
What is the assessed value of The Majestic - 115 Central Park W, New York, NY 10023 and the property tax paid?Assessed at $83,094,750, the tax amount paid for The Majestic - 115 Central Park W, New York, NY 10023 is $9,763,719. For the next year, the tax amount for The Majestic - 115 Central Park W, New York, NY 10023 is estimated at $8,851,644.
How many residential units does this building have?This building has 238 residential unit(s) and 15 commercial spaces.
Ownership Information for 115 Central Park W, New York
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Past Sales & Property History for 115 Central Park W, New York
Create a free account to view the complete sales history for 115 Central Park W, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.
No recorded sales for this property.
Title Documents for 115 Central Park W, New York
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R: Recorded date
D: Document date
Property Taxes for 115 Central Park W, New York
Access detailed property tax data for The Majestic - The Majestic - 115 Central Park W, New York, NY 10023. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Property tax: | $8,362,687 |
| Estimated property tax: | $8,851,644 |
| Tax assessor's market value: | $184,655,000 |
| Assessed value: | $83,094,750 |
| Exemptions granted by city: | Register |
Assessment History for 115 Central Park W, New York
Here's the assessment & property tax history for 115 Central Park W, New York, including the evolution of the total tax rate and corresponding property tax.
| Year | Market value | Assessed value | Taxable | Tax rate % | Base tax | Property tax | Year over year change |
|---|---|---|---|---|---|---|---|
| 2025/26 | $184,655,000 | $83,094,750 | $78,492,800 | 12.439% | $9,784,685 | $8,375,999 | +2.17% |
| 2024/25 | $179,789,000 | $80,905,050 | $76,507,214 | 12.5% | $9,603,799 | $8,197,987 | +3.49% |
| 2023/24 | $178,744,000 | $80,434,800 | $74,334,490 | 12.502% | $9,318,032 | $7,921,263 | +4.11% |
| 2022/23 | $185,728,000 | $83,577,600 | $71,880,353 | 12.267% | $8,871,532 | $7,608,734 | +12.79% |
| 2021/22 | $145,099,000 | $65,294,550 | $65,014,590 | 12.235% | $7,988,788 | $6,745,706 | -21.03% |
Permits for 115 Central Park W, New York
The complete history of permits filed for 115 Central Park W, New York, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.
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Lincoln Square Residential Market Stats
Access a detailed real estate market overview of Lincoln Square so you can assess current trends, home values, types of properties sold and transaction volume.
View the median home sale price in Lincoln Square and compare it to other neighborhoods in Manhattan.
Check out recently sold homes in Manhattan and see how their prices compare.
Risk
| FEMA flood zone(s): | X (See more on map) |
Transportation
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Distance to Subway
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| Closest station | Central Park West & 72nd St at SW Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | B-C | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | Central Pk W/W 72 St | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | M10 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Schools
Nearest elementary schools
| Name | Rating | Att. zoned | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|---|
| P.S. 199 Jessie Isador Straus | 8 | Yes | Public | K-5 | 538 | 0.38 |
| Parkside School | NR | No | Private | 82 | 0.16 | |
| School Of The Blessed Sacrament School | NR | No | Private | PK-8 | 0 | 0.25 |
| School Of The Blessed Sacrament School | NR | No | Private | PK-8 | 0 | 0.25 |
| J G B Education Services | NR | No | Private | 0 | 0.31 |
Nearest middle schools
| Name | Rating | Att. zoned | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|---|
| Robert Louis Stevenson School | NR | No | Private | 7-12 | 75 | 0.12 |
| Parkside School | NR | No | Private | 82 | 0.16 | |
| York Prep School | NR | No | Private | 6-12 | 337 | 0.20 |
| Fusion Academy Manhattan - Lincoln Center | NR | No | Private | 6-12 | 0 | 0.24 |
| Fusion Academy Lc: Manhattan - Lincoln Center | NR | No | Private | 7-12 | 70 | 0.24 |
Nearest high schools
| Name | Rating | Att. zoned | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|---|
| Robert Louis Stevenson School | NR | No | Private | 7-12 | 75 | 0.12 |
| Parkside School | NR | No | Private | 82 | 0.16 | |
| York Prep School | NR | No | Private | 6-12 | 337 | 0.20 |
| Fusion Academy Manhattan - Lincoln Center | NR | No | Private | 6-12 | 0 | 0.24 |
| Fusion Academy Lc: Manhattan - Lincoln Center | NR | No | Private | 7-12 | 70 | 0.24 |
Data provided by GreatSchools.org © 2025. All rights reserved.
Neighbors for 115 Central Park W, New York
Here are the neighbors for The Majestic - The Majestic - 115 Central Park W, New York, NY 10023.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 30 W 72nd St, New York | 8,676 | 12/07/2006 | $8,100,000 |
| 42 W 72nd St, New York | 24,607 | 11/29/1995 | |
| 33 W 71st St, New York | 6,701 | 07/25/2016 | $12,500,000 |
| 47 W 71st St, New York | 4,390 | 03/31/2021 | $2,754,002 |
| 12 W 72nd St, New York | 192,543 | 12/05/2013 | $1,370,000 |
| 41 W 71st St, New York | 20,700 | ||
| 49 W 71st St, New York | 5,235 | 07/25/2024 | |
| 17 W 71st St, New York | 71,907 | 07/08/1980 | |
| 27 W 71st St, New York | 11,316 | 10/22/2001 | |
| 53 W 71st St, New York | 4,827 | 08/30/2012 | $5,995,000 |
| 57 W 71st St, New York | 4,515 | 06/22/2007 | |
| 35 W 71st St, New York | 5,728 | 10/24/1979 | |
| 20 W 72nd St, New York | 127,961 | 12/21/1984 | |
| 44 W 72nd St, New York | 18,600 | 10/20/1987 | |
| 25 W 71st St, New York | 4,804 | 07/15/1982 | |
| 39 W 71st St, New York | 5,966 | 08/24/2001 | |
| 32 W 72nd St, New York | 9,185 | 12/07/2006 | $8,100,000 |
| 50 W 72nd St, New York | 143,791 | 07/28/1983 | |
| 31 W 71st St, New York | 25,754 | 12/21/1972 | |
| 58 W 72nd St, New York | 25,080 | 01/01/1998 |