- Bedrooms: 5
- Bathrooms: 8
- Size: 1139.92 m²
- Price: $26,995,000
THE WILLIAM NOBLE HOUSE
A Historic Luxury Landmark on Central Park West
With a direct view of Central Park, this architecturally significant residence is one of the last remaining single-family townhouses along Central Park West.
With over 1,140 square meters distributed across six floors and more than 6.7 meters wide, the house offers unobstructed and commanding views of the park from its elegant and symmetrical Queen Anne-style facade.
Upon entering, a few steps lead to a grand foyer, followed by a bright and spacious main living room. With high ceilings and remarkable volume, the space is crowned by a dramatic central light dome that floods all floors with natural light.
Just below, a dining area and kitchen offer generous proportions for entertaining. A terrace on this level provides a tranquil outdoor retreat in the heart of the city.
On the lower level, the residence features an indoor swimming pool of nearly 18 meters for swimming and a dedicated gym area, elevating the standard of home wellness amenities.
A private elevator provides access to all levels, including the second floor, which houses a spacious primary suite, a large walk-in closet, and an en-suite bathroom with access to a second terrace.
The third floor includes a tiered media room and an additional guest bedroom with generous proportions.
The fourth floor offers two large bedrooms, both with en-suite bathrooms.
The top floor features a bright and airy bedroom with large windows offering open and unobstructed views of the city.
A rooftop terrace crowns the property, providing panoramic views of Central Park.
Ideally located in the heart of the Upper West Side, the property offers immediate access to Central Park, the American Museum of Natural History, and the shops, cafes, and restaurants of Columbus Avenue.
With a rich history, 247 Central Park West has housed numerous prominent figures, including renowned artists, influential politicians, and notable families. Although the interiors have evolved over time, the original exterior of the house remains remarkably preserved — an enduring testament to its architectural and historical significance.
Designed in 1887 by renowned architect Edward Angell and commissioned by visionary developer William Noble (who selected the residence as his personal home), the property was completed in 1889 as part of a prestigious row of nine townhouses — of which only three remain today.
This is a rare opportunity to acquire a true historic townhouse in one of Manhattan's most iconic and sought-after locations.
Honest Investment Assessment
It is an ultra-prime asset, with very scarce supply and enormous equity value, but with low current profitability; it makes more sense as capital protection and status than as an income investment.
Key Asset Data
Address: 247 Central Park West, Upper West Side, Manhattan, facing Central Park.
Type: Historic single-family townhouse, “William Noble House”.
Price History and Appreciation
2012: Sale for approximately US$ 22.375M.
2026: Current asking price of US$ 26.995M.
This represents a nominal appreciation of about 20.7% over 14 years. In terms of compound annual growth rate (CAGR), it equates to something around 1.3% per year, which is a relatively low appreciation speed for such a long horizon, even though the property has remained a “trophy asset” in an iconic location.
Rental Potential and Yield
Considering the ultra-luxurious profile, the property can be rented to high-net-worth audiences in the estimated range of US$ 80,000 to US$ 120,000 per month, depending on furniture, services, and contract length. In an optimistic scenario of US$ 100,000 per month:
Annual gross revenue: about US$ 1.2M.
Minimum recurring expenses: property tax, insurance, heavy maintenance (pool, elevator, historic facade, systems), cleaning/security/management staff, easily totaling several hundred thousand dollars per year.
In practice, the net yield tends to be around 1% to 2% per year on the purchase value, and may be lower in case of partial personal use or periods of vacancy. It is typical of this segment that the property is more of a “brick vault” than a cash-generating machine.
Risks and Points of Attention
Liquidity: the buyer pool is extremely restricted; the selling time can be long and, in crisis scenarios, the discount to close a deal can be significant.
Maintenance costs: well above average, especially being a historic landmark, requiring careful conservation and, often, specialized suppliers.
High concentration: practically US$ 27M allocated to a single asset, in a single city, and in a very specific ultra-luxury segment.
Market cycle: the luxury market in Manhattan comes from a period of maturity and stability; future appreciation tends to be moderate, not explosive, unless there are very favorable macroeconomic changes.
Investment Thesis
This townhouse makes sense as an investment if:
The primary objective is wealth preservation in an iconic asset, with a strong component of personal use (residence, prestigious pied-à-terre, brand representation space, etc.), more than direct financial return.
The investor has an ultra-high-income profile, with a well-diversified global portfolio, for whom a net yield of 1%–2% per year is acceptable and high costs are part of the lifestyle.
The strategy is long-term (10 years or more), betting on the rarity of single-family townhouses facing Central Park and the collectible value of the property.
If your central thesis is to maximize financial return (cash flow, leverage, and resale), the same capital would likely perform better split across several residential or commercial assets in New York or emerging markets, with much higher yields, albeit with a different risk and image profile.
5 bedrooms in Nova Iorque
- 5 Bedroom Home for Sale in the Bronx – 863 Home ST Nova Iorque $829,999
- 5 Bedroom Apartment for Sale in New York – Walker Tower Nova Iorque $42,500,000
5 bedrooms in nearby cities
- 5 Bedroom Home for Sale in Woodstock - New York - USA Woodstock $1,700,000
- 5 Bedroom Home for Sale in Elmsford - New York - USA Elmsford $1,499,000
- 5 Bedroom Home for Sale in Hawthorne - New York - USA Hawthorne $1,250,000
- 5 Bedroom Home for Sale in Thornwood - New York - USA Thornwood $1,100,000
- 5 Bedroom Home for Sale in Thornwood - New York - USA Thornwood $1,095,000
- 5 Bedroom Home for Sale in Thornwood - New York - USA Thornwood $1,295,000