Douglas S. Russell
This listing was posted on RealtyWW.
$4,995,000
Condo For Sale In Manhattan, New York
Price:
$4,995,000
BR/BA:
2 BR, 2 BA
Location:
768 Fifth Ave Unit 1623, Manhattan, NY
Description:
Strong2 BR Condotel 2022 net return 5.8% /strongbrbrIncredible opportunity to own a piece of New York City History in the Iconic Plaza Hotel! Known as The Vanderbilt Suite, this stunning two bedroom condo hotel suite is over 1487 sq ft (138.14 sq m). This sprawling two bedroom corner unit offers beautiful views on to Fifth Avenue and an over-sized living room with an elegant separate dining area nestled into a beautiful rounded corner window. A fully outfitted butlers pantry and wet bar make this unit perfect for entertaining and the layout makes it feel like a real home. There is a perfectly placed second bathroom in the hallway which doubles as a powder room for guests and is located just across the second bedroom. The gorgeous master bedroom suite also has an over-sized spa-like bathroom featuring a custom claw foot bathtub, separate spa shower and a private WC. Exquisitely decorated in perfect Louis XV style and complete with two private owners closet. Priced competitively, this is a once in a lifetime opportunity to own a truly unique and spectacular pied-a-terre and income producing property. 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. With an excellent annual net return of more than 3% on average for (2017-2019 figures), this is an amazing investment opportunity and ideal pied-a-terre!brbrPlease call or email for further financial information. 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.For more details: https://realtyww.info/condos_new-york-r782074/for-sale_i70484560
Property Type:
Condos, Townhouses & Apts for Sale
Sq feet:
1,487 sq. ft.
Posted:
April 10 on RealtyWW
Similar Listings
-
SHEEPSHEAD BAY Bright, spacious 1,000 square foot 2-bedroom, 1 bath co-op with new laminate floors, newly painted, large eat in kitchen with window, lots of closets in secure well-kept building close to public transportation, shopping and schools.... -
Sheepshead Bay .... 2 bed 1 bath TOP FLOOR coop within Sheepshead Terrace Coops. Large living room plus separate area for dining. Plenty of sunlight and closet space. $976.58 monthly maintenance includes electric, gas, heat. AC, DW ok for addition...
-
$1,999,500 153 Jaffrey St- - ********OPEN HOUSE 4/14/24 1-3 PM*************
4 BR · Other · Brooklyn, NY
Remarks: MANHATTAN BEACH. Detached 1 family center hall Spanish colonial on 60' X 100' with 4 bedrooms, 2 1/2 baths, large eat in kitchen, formal dining room, separate living room, sitting room with wood burning fireplace and entrance to back deck...
Visit Our Partner Website
This listing was posted on another website. Click here to open: Go to RealtyWW
Important Safety Tips
These might be signs of fraud:
- Really cheap prices
- Irregular email adresses
- Contact info in pictures
To learn more, visit the Safety Center or click here to report this listing.
More About this Listing: Condo For Sale In Manhattan, New York
Condo For Sale In Manhattan, New York is a Two Bedroom Two Bath Condos for Sale at 768 Fifth Ave Unit 1623 in Manhattan NY. Find other listings like Condo For Sale In Manhattan, New York and listings near 768 Fifth Ave Unit 1623 by searching Oodle Classifieds for Two Bedroom Two Bath Condos for Sale in Manhattan NY.
Condo For Sale In Manhattan, New York is a Two Bedroom Two Bath Condos for Sale at 768 Fifth Ave Unit 1623 in Manhattan NY. Find other listings like Condo For Sale In Manhattan, New York and listings near 768 Fifth Ave Unit 1623 by searching Oodle Classifieds for Two Bedroom Two Bath Condos for Sale in Manhattan NY.