Figures computed from the FY2026–27 DOF assessment roll. Surcharge estimated at the flat Phase-1 rates (4% $1–3M, 5.25% $3–5M, 6.5% over $5M) on each unit's full DOF market value; applies to non-primary residences only.
The quantitative picture
DOF market values at 15 Central Park West run from about $148,404 at the low end to $4,349,857 at the top, with a median of $948,474 — so the typical unit sits under the $1M threshold and owes nothing under Phase 1; the exposure is concentrated in the building's larger and higher-floor residences; the building's most valuable residence owes about $228,367 a year at the 5.25% rate. Across the 111 exposed units, the surcharge totals an estimated $6.7 million annually — an average of about $60,212 per exposed unit.
Of those 111 exposed units, 110 carry DOF values between $1M and $3M (the 4% band), 1 between $3M and $5M (5.25%), and 0 above $5M (6.5%) — most exposed units sit in the 4% band, just over the line — a $1.5M DOF value owes $60,000 a year, not a rounding error.
The last three closed sales
From ACRIS, the building's three most recent recorded deeds over $1 million:
| Date | Residence | Recorded price |
|---|---|---|
| Jul 31, 2026 | 24D | $3,550,000 |
| Jul 17, 2026 | 31C | $15,400,000 |
| Jun 23, 2026 | 11L | $6,995,000 |
Note the gap between these prices and the tax base: the surcharge is charged on the DOF market value — an income-derived figure that runs far below open-market numbers — not on what a unit trades for. A residence that closes at $3.55M does not owe 5.25% of $3.55M; it owes the flat rate on its (much lower) DOF market value. That distinction is the single most misunderstood part of the tax, and the reason a free DOF-value lookup is worth more than any sale-price estimate.
The building
15 Central Park West was completed in 2008 and was designed by Robert A.M. Stern Architects. It was developed by Zeckendorf Development, and it was described as one of the city’s most commercially successful condominium developments and sold out before completion.
Where it is
15 Central Park West, Upper West Side.
Is your 15 Central Park West unit exposed?
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Check My Unit — FreeDisclaimer & method. Educational information from Conquest, a licensed New York real estate brokerage — not legal, tax, or accounting advice. Building figures are computed from the FY2026–27 DOF assessment roll at the statutory flat Phase-1 rates (4% $1–3M, 5.25% $3–5M, 6.5% over $5M) on each unit's full DOF market value, and represent exposure if every over-threshold unit were a non-primary residence; actual liability depends on each owner's occupancy and exemptions. Sale prices are recorded deeds from ACRIS.