Studio apartment for sale
768 FIFTH AVENUE 1623 in New York New York NY
- Property Type
- Apartment
- Price
- $4,995,000
- Beds
- 0
- Baths
Overview
2 BR Condotel 2022 net return 5.8% Incredible opportunity to own a piece of New York City History in the Iconic Plaza Hotel! Known as The Vanderbilt Suite, this stunning two bedroom condo hotel suite is over 1487 sq ft (138.14 sq m). This sprawling two bedroom corner unit offers beautiful views on to Fifth Avenue and an over-sized living room with an elegant separate dining area nestled into a beautiful rounded corner window. A fully outfitted butlers pantry and wet bar make this unit perfect for entertaining and the layout makes it feel like a real home. There is a perfectly placed second bathroom in the hallway which doubles as a powder room for guests and is located just across the second bedroom. The gorgeous master bedroom suite also has an over-sized spa-like bathroom featuring a custom claw foot bathtub, separate spa shower and a private WC. Exquisitely decorated in perfect Louis XV style and complete with two private owners closet. Priced competitively, this is a once in a lifetime opportunity to own a truly unique and spectacular pied-a-terre and income producing property. The owner may rent the suite through the hotel rental management program while not in residence and has the option to use the suite for up to 120 days per annum at the owners discretion. With an excellent annual net return of more than 3% on average for (2017-2019 figures), this is an amazing investment opportunity and ideal pied-a-terre! Please call or email for further financial information. The Plaza Hotel which had 804 rooms was converted into a hotel and a residential condo in 2007. The new Plaza Hotel has only 272 rooms which is a reduction of 66%. This iconic hotel continues to have high demand and now with far fewer rooms the occupancy and rates are quite high which greatly benefits the condo hotel owners.
Ref: 36508-21187994
Ref: 36508-21187994
Details
- Beds: 0
- Price: $4,995,000
- Status: Available
- Reference No.: 17467-36508-21187994
Amenities
- Home
- Air Conditioning
- City Views
- Pre-War
Location
768 FIFTH AVENUE 1623 in New York New York NY
Studio apartment for saleRelated Properties
Disclaimer
2024-04-10, Viewed 1 times.
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
2024-04-10, Viewed 1 times.
Search more listings
- Top 10 2 bedroom house for rent glen burnie md air conditioning
- Top 20 1 bedroom apartment for rent waltham ma a/c
- Top 10 3 bedroom house for sale galveston tx waterfront
- Top 10 2 bedroom apartment for rent pasadena tx shopping
- Top 20 3 bedroom house for sale gulf breeze fl shopping
- Top 50 2 bedroom apartment for rent allentown pa parking
- Top 20 2 bedroom apartment for rent abbotsford bc laundry
- Top 50 2 bedroom apartment for rent augusta ga carpet
- Top 100 1 bedroom apartment for rent arlington tx granite counter
- Top 20 1 bedroom apartment for rent kingwood tx playground
- Top 20 2 bedroom apartment for rent halifax nova scotia shopping
- Top 10 2 bedroom apartment for rent glendale co parking