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CAP RATE APPRX 6% ! GREAT INVESTMENT PROPERTY AND PIED-A-TERRE. ACHIEVED 79% OCCUPANCY IN 2024. Prestigious 15th floor Junior King Suite in the iconic Plaza Hotel. Rental of the suite is managed thru the hotel rental program.
OWNER CAN USE UP TO 120 DAYS PER YEAR. Faces south on to 58th Street. 730 SqFt (68 m2).
Exquisitely furnished in Louis XV style.
Butler’s pantry and wet bar.
Living room with pull out sofa offers option to use as a 2 bedroom.
Sliding doors lead to king sized primary bedroom with huge walk-in closet & separate dressing area.
Over-sized bathroom features deep soaking tub and 24-carat gold plated Sherle Wagner faucets, marble mosaic tile in a leaf-like pattern inspired by Central Park.
Enjoy 5-star hotel and butler service: concierge, 24-hour in-room dining, twice-daily housekeeping,
Guerlain Spa, Plaza Hotel Gym,
The Palm Court, Champagne Bar, and Rose Club with live music, Oak Room, Grand Ballroom, Terrace Room and the Plaza Shops. Valet Parking also available from a separate garage on 58th St. Don’t miss this high yield investment opportunity and pied-a-terre right across from Central Park at Manhattan’s premier destination, surrounded by glamorous Fifth Avenue shopping, steps from Carnegie Hall, Jazz at Lincoln Center and internationally acclaimed fine dining.
Pets Allowed.
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RLS IDX Data display by CityRealty.com, LLC. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2023 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.
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