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 One Central Park run from about $6,944 at the low end to $11,792,790 at the top, with a median of $696,582 — 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 $766,531 a year at the 6.5% rate. Across the 60 exposed units, the surcharge totals an estimated $7.1 million annually — an average of about $119,046 per exposed unit.
Of those 60 exposed units, 48 carry DOF values between $1M and $3M (the 4% band), 4 between $3M and $5M (5.25%), and 8 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 |
|---|---|---|
| Mar 26, 2026 | NT68A | $6,000,000 |
| Mar 17, 2026 | ST72B | $18,000,000 |
| Feb 20, 2026 | ST72E | $4,950,000 |
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 $6M does not owe 6.5% of $6M; 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
One Central Park at 25 Columbus Circle was completed in 2004. It was designed by David Childs of Skidmore, Owings & Merrill and developed by Apollo Real Estate Advisors as part of the Deutsche Bank Center complex. The residences begin on the 52nd floor of the tower.
Where it is
25 Columbus Circle, Upper West Side.
Is your One Central Park 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.