CPN Harlem Rental Building sold for $33M

A six-story, 58-unit elevator building at 225 Central Park North overlooking Central Park in Harlem sold for $33 million reported The Real Deal. The buyer was RCR Management, which manages some 2,200 units, according to the article. No further details were given regarding the building.

Two years ago 235 Central Park North was sold for $27.5 million to an affiliate of L&M Development Partners, the Larchmont, N.Y.-based real estate development company. The 86,124-square-foot property, at Seventh Avenue, has six stories and 91 residential units. It was built in 1915, according to PropertyShark. 

CPN has breathtaking panoramic views of Central Park, Harlem Meer, and downtown Manhattan. Apartments with park views along Central Park North are selling at significantly lower prices than comparable apartments on Central Park West, Central Park South, and Upper Fifth Avenue.

Central Park View from 45 CPN  -  West 110th Street

The hyper-local neighborhood  Central Park North in Harlem is also known as West 110th Street between Frederick Douglass and 5th Avenue. The neighborhood offers all the leisure, cultural, educational, and recreational activities of Central Park right at your front door and convenient transportation. The #2 and #3 train at 110th and Lenox Avenue (Central Park North) and the B and C trains at 110th and Central Park West also called Frederick Douglas Boulevard above 110th Street.

Central Park North may be the neighborhood you are looking for.

To sell your Central Park North, coop or condo click here