Perfect for a 1031 Exchange or Pied a Terre.


Property

Website:https://www.nestseekers.com/3916450
Address:
1 Central Park West Apt: 502
New York, NY 10023
Cross street:West 59th Street
Type:High-Rise
Era:Pre-war
Floors:44
Ownership: Condo
Rooms: 4
Bedrooms: 2 BR
Bathrooms: 2
Pets: No Pets Allowed

Financials

Price:$2,195,000
Common charges:$8,708
Real estate tax:$3,355
Financing Allowed:90%
Minimum down:$219,500

Description

Perfect for a 1031 Exchange or Pied-a-Terre.

Unit 502 is an 1182 sf 2 bedroom At 1 CPW- It is in the 5 Star Trump Hotel. This unit has been split into 2 rental properties that the hotel rents as both a 1 bedroom and separately a studio. All rooms face the Park and the rental history is strong. An owner can use it as a 2 bedroom, or any way they wish. There are no restrictions on usage by the owners and they can use 365 days a year if they want. The hotel rents for you when not using , and you get the income after expenses. There is room service from 2 Star Michelin restaurant Jean Georges. The health club has the latest equipment and a salt water pool. Please call or email for an showing or financial information.

Unit 502 is an 1182 sf 2 bedroom At 1 CPW- It is in the 5 Star Trump Hotel. This unit has been split into 2 rental properties that the hotel rents as both a 1 bedroom and separately a studio. All rooms face the Park and the rental history is strong. An owner can use it as a 2 bedroom, or any way they wish. There are no restrictions on usage by the owners and they can use 365 days a year if they want. The hotel rents for you when not using , and you get the income after expenses. There is room service from 2 Star Michelin restaurant Jean Georges. The health club has the latest equipment and a salt water pool. Please call or email for an showing or financial information.

Amenities

Bike Room; Garage; Health Club; Pool; Sauna; Steam Room; Hotel Style Service; Laundry Room; Maid Service; Valet; Lounge; Business Center;
  • Elevator
  • Full service
  • Garage
  • Laundry Room
  • Pool

Contact

594 Broadway, New York, NY 10012, USA
Listing Courtesy of Brown Harris Stevens Residential Sales LLC

1 Central Park West New York NY 10023 USA