768 Fifth Avenue, New York, New York, 10019

768 Fifth Avenue Apt: PH2040
New York NY 10019

Cross street:West 58th Street

Building

Type:Hotel
Era:Post-war
Floors:20

Property

Ownership: Condo
Rooms: 4.5
Bedrooms: 2 BR
Bathrooms: 2.5
Pets: Pets No

Financials

Price: $8,950,000
Common charges: $24,611
Real estate tax: $6,313
505 Park Ave, New York, NY 10022
Courtesy of Brown Harris Stevens Residential Sales LLC

Description

This is a stunning trophy property and an incredible opportunity to own a piece of New York City History in the Iconic Plaza Hotel! Formerly The Hardenbergh Suite, and now renamed The Grand Penthouse Suite, this palatial duplex offers breathtaking views of Central Park and the New York City skyline. Exquisitely furnished in classic Louis XV style, the breathtaking Grand Penthouse suite is over 2100 sq ft (195 sq. m) with a 540 sq ft (50 sq. m) terrace off the master bedroom. The first floor features a gorgeous corner living room with stunning views of Central Park through oversized arched windows. There is a separate dining area for 12, a second master bedroom suite, and a beautifully appointed powder room. An elegant staircase then leads you to the second master bedroom suite with an expansive and beautifully landscaped terrace, park views and a separate study area. Both bedrooms have king beds, are tremendously grand and all of the rooms offer city or direct park views with complete privacy. There are also two owners closets. Premium amenities include: Marble, wood-burning fireplace in the living room, Butler's pantry and marble wet bar with microwave oven and under counter refrigerator, White glove butler service, Smart home technology controlling temperature, lighting and other services, gorgeous baths including 24-carat gold plated Sherle Wagner faucets, mosaic floors and walls with a gilded leaf motif, deep soaking tubs with separate showers & private WC, Additional full size sofa bed, and Large wood paneled luxury closets with built-in drawers & storage. Priced competitively, with an excellent annual net return (for 2017-2019), this is a once in a lifetime opportunity to own a truly unique and spectacular pied-a-terre and income producing property. PH2040 rents for up to $25,000 per night. Please call or email for further financial information.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.

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.

Amenities

Maid Service; WiFi;

  • Washer Dryer Hookups
  • Elevator
  • Full service

Neighborhood

More listings:

This is a stunning trophy property and an incredible opportunity to own a piece of New York City History in the Iconic Plaza Hotel !

Description

This is a stunning trophy property and an incredible opportunity to own a piece of New York City History in the Iconic Plaza Hotel! Formerly The Hardenbergh Suite, and now renamed The Grand Penthouse Suite, this palatial duplex offers breathtaking views of Central Park and the New York City skyline. Exquisitely furnished in classic Louis XV style, the breathtaking Grand Penthouse suite is over 2100 sq ft (195 sq. m) with a 540 sq ft (50 sq. m) terrace off the master bedroom. The first floor features a gorgeous corner living room with stunning views of Central Park through oversized arched windows. There is a separate dining area for 12, a second master bedroom suite, and a beautifully appointed powder room. An elegant staircase then leads you to the second master bedroom suite with an expansive and beautifully landscaped terrace, park views and a separate study area. Both bedrooms have king beds, are tremendously grand and all of the rooms offer city or direct park views with complete privacy. There are also two owners closets. Premium amenities include: Marble, wood-burning fireplace in the living room, Butler's pantry and marble wet bar with microwave oven and under counter refrigerator, White glove butler service, Smart home technology controlling temperature, lighting and other services, gorgeous baths including 24-carat gold plated Sherle Wagner faucets, mosaic floors and walls with a gilded leaf motif, deep soaking tubs with separate showers & private WC, Additional full size sofa bed, and Large wood paneled luxury closets with built-in drawers & storage. Priced competitively, with an excellent annual net return (for 2017-2019), this is a once in a lifetime opportunity to own a truly unique and spectacular pied-a-terre and income producing property. PH2040 rents for up to $25,000 per night. Please call or email for further financial information.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.

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.

Amenities

Maid Service; WiFi;

  • Washer Dryer Hookups
  • Elevator
  • Full service

Neighborhood

More listings:

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. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.