1 Central Park West Apt: 1506
New York, NY 10023
| Cross street: | West 59th Street |
|---|
Property
| Ownership: | Condo |
|---|---|
| Rooms: | 3 |
| Bedrooms: | 1 BR |
| Bathrooms: | 2 |
| Pets: | No Pets Allowed |
Financials
Price:$1,975,000
Common charges:$7,365
Real estate tax:$2,937
Financing Allowed:90%
Minimum down:$197,500
Listing Courtesy of Brown Harris Stevens Residential Sales LLC
Trophy Property Excellent Returns This stunning 943 sf one bedroom with 2 full baths has it all.
Description
Trophy Property- Excellent Returns
This stunning 943 sf one bedroom with 2 full baths has it all. It is the only 1 bedroom line in the building with a full 2nd bath (shower). The views from every room face directly over Central Park 50 feet above the trees. The master bath is quite large. There isn't an inch of wasted space in the entire suite. It has a large walk in owners closet. It was rented out 82% (301 nights) of the time last year, and netted over $70,000 for the owner after all expenses. This 5 star condominium hotel ownership offers the potential to generate income while rented to hotel guests, and not being utilized by the owner. In 2028 the entire Hotel will be going thru a stunning renovation. The bathrooms will soon be Carrara marble, and the current tubs will be walk in showers. All furniture will be replaced, and the décor will change beautifully. Also, the halls on each floor will be completely redone. This will cost the owner over the next 2 years $276,000. The current owner has agreed to pay half of the renovation assessment or $138,000 by the time of the closing or at the closing!!!
Please call or email for showings or more information.
This stunning 943 sf one bedroom with 2 full baths has it all. It is the only 1 bedroom line in the building with a full 2nd bath (shower). The views from every room face directly over Central Park 50 feet above the trees. The master bath is quite large. There isn't an inch of wasted space in the entire suite. It has a large walk in owners closet. It was rented out 82% (301 nights) of the time last year, and netted over $70,000 for the owner after all expenses. This 5 star condominium hotel ownership offers the potential to generate income while rented to hotel guests, and not being utilized by the owner. In 2028 the entire Hotel will be going thru a stunning renovation. The bathrooms will soon be Carrara marble, and the current tubs will be walk in showers. All furniture will be replaced, and the décor will change beautifully. Also, the halls on each floor will be completely redone. This will cost the owner over the next 2 years $276,000. The current owner has agreed to pay half of the renovation assessment or $138,000 by the time of the closing or at the closing!!!
Please call or email for showings or more 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
Neighborhood
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RLS Data display by Nest Seekers LLC.
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All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
