Total Est. Monthly Carrying Cost:
$16,920 ($16.65/ft2)
Note: the above is based on a down payment of 10% ($123,750),
which is the minimum amount permitted by the building.
Description
Direct Central Park Views!
The Perfect Pied-a-terre! Hotel / Condo Suite #408 is a highly desirable, spacious, corner 1-bed, 1.5-bath apartment with spectacular southeastern views of New York’s iconic Central Park and Columbus Circle.
This fully furnished and recently renovated condominium hotel suite has every modern convenience and is kept in pristine mint-condition through daily housekeeping. The spacious living room boasts 10-foot floor to ceiling windows that are sound resistant and create a peaceful atmosphere, while sets of motorized sheers and black out shades allow for optimal privacy at the touch of a button.
Your comfort is made complete with central heating and air, along with an impressive entertainment setup with a 55" HDTV and iLive sound bar.
Fall asleep to direct views of Central Park right outside your window. The massive bedroom comfortably fits a queen sized bed, additional furniture, and offers plenty of closet space. The spa like primary bathroom is fitted with Italian marble, stone-topped vanities, and comes with a posable magnifying mirror.
The European-Style kitchen is equipped with a top of the line stainless steel appliance package, including a Sub-Zero refrigerator, Miele dishwasher, and more.
The RARELY AVAILABLE ’08 line is highly coveted for its 1,016 sq.ft.
floor plan, which includes an extra powder room, owner’s walk in closet, and breathtaking views.
As an owner you can utilize your unit for up to 179 days a year. This condominium hotel suite is managed and operated as a hotel suite by the 5-Star Hotel Staff, so your world class property manager is built into the monthly carrying costs of ownership. When you are not staying in your Pied-a-terre, it generates income.
This is an excellent and unique opportunity to own a piece of Manhattan real estate and make a return on your investment. There is currently a monthly assessment for $888.68. Note that the building has a transfer/flip tax, which is 1% for the seller and 1% for the buyer.
About 1 Central Park West..
It is the only hotel in Manhattan with a Forbes Five-Star and AAA Five-Diamond with a 2 Michelin-Starred restaurant.1 Central Park West is home to Jean George’s Flagship Restaurant, which residents have access to through the lavish lobby or convenient 24-hour room service. Not to mention the hotel’s state of the art spa, 6,000 square foot fitness center, 55’ swimming pool, and business center with private conference rooms. Every world class amenity is available to you or your guests via a seamless elevator ride.
Moments away from Columbus Circle, Lincoln Center, and Fifth Avenue, this premier location gives you the best of what New York City has to offer.
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