The New York Center Grand View Address is a prime luxury residential complex in Manhattan, offering panoramic views of iconic landmarks such as Central Park and the Manhattan skyline. It features high-end amenities, including private elevators, concierge services, and rooftop lounges, catering to affluent buyers and renters. Recent sales and rental data indicate a median price of $4.5 million for units, with rents averaging $15,000 per month for 3-bedroom apartments.

The significance of this address stems from its strategic location in Midtown Manhattan, a hub for business, culture, and entertainment. Proximity to transportation networks like the Subway Line 4 and 5, as well as nearby airports (John F. Kennedy and LaGuardia), enhances accessibility. According to a 2023 report by StreetEasy, luxury properties in this area command a 20% premium compared to Manhattan’s median home price of $1.8 million. Additionally, the NYC Department of Finance notes that property taxes for such high-value assets exceed $50,000 annually, reflecting their exclusivity. The demand is further driven by limited inventory; only 0.5% of Manhattan’s residential units are classified as ultra-luxury (over $5 million), per Zillow data. Development projects like the nearby One57 tower have also increased demand for views and premium services, solidifying the New York Center Grand View Address as a benchmark for luxury real estate in the city.