Total Est. Monthly Carrying Cost:
$8,793 ($20.21/ft2)
Note: the above is based on a down payment of 20% ($185,800),
which is the minimum amount permitted by the building.
Description
The Dominick Hotel Condominium Excellent Investment Opportunity! This 5-Diamond luxury building serves as a beautiful, turnkey investment opportunity with strong return, and can also serve as a perfect pied-a-terre opportunity. The Dominick Hotel is located in New York City’s SoHo neighborhood.
With just 12 rooms per floor, the hotel has an intimate ambiance of sophistication and indulgence.
Guests can enjoy signature restaurant, Spring & Varick, cocktail bar Mr. Jones, and the seasonal poolside Bar d’Eau featuring light fare and cocktails. The Spa with its two levels of pampering services, provides New York its only authentic luxury Turkish hammams.
Suite 2506 is a stunning high floor studio, with floor-to-ceiling windows, providing unrivaled views of the city’s spectacular skyline and the Hudson River. Rich custom furnishings and interior design provides the best in style and comfort.
Marble bathroom features a luxurious deep soaking tub, glass enclosed walk-in shower with rain showerhead and custom vanity. A secure closet with keyed entry allows only unit owners access for long-term storage.
The lobby features ceilings over 22 feet high. Interior spaces, designed by the legendary Rockwell Group, include The Library (an intimate gathering area overlooking the lobby), and SoHi (an 1,800-square-foot private top-floor venue), as well as several conference spaces and a business center.
A landscaped Urban Plaza adjacent to the hotel extends from Spring Street to Dominick Street, with decorative lighting and spacious seating areas.
Located on the spa level, an outdoor Pool Deck offers a relaxing atmosphere and is home to a full-sized Bocce court. The renowned full-service indoor/outdoor Bar d’ Eau serves seasonal and classic cocktails.
Introducing a new perspective on investing. Owners may occupy the unit for up to 120 days each year, including 29 days in a 36-day period.
At other times, the unit is conveniently managed and rented by an onsite rental program, which generates strong income for the owner, and offering the owner an immediate return on investment.
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