Centrowitz was followed by Americans Miles Batty (3:54.54) and Garrett Heath (3:55.24).
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On Twittter, the 22-year-old Centrowitz said: "3:53 mile PR & the win. No wonder New York is my favorite city! Great atmosphere tonight. Thank u all for the support and those who watched"
Centrowitz announced in November that was turning pro and skipping his senior year of eligibility at Oregon to improve his chances of qualifying for this year’s Olympics in London. He has since signed an endorsement deal with Nike and still trains on the Oregon campus.
The bronze medalist in the 1,500 meters at this past summer's world championships, Centrowitz is the son of Matt Centrowitz Sr., who competed at the Millrose games during his running career.
For full results from the Millrose Games, click here.