Description

One of the highly coveted Edwardian Suites, this unit is nearly double the size of a standard Plaza guest room at 941 sf (87.42 sq m). This perfectly proportioned suite offers a spacious sitting room with a decorative fireplace, a powder room, wet-bar and Butler's Pantry. The bathrooms are finished in 24-carat gold plated Sherle Wagner faucets and the exquisite furnishings are classic Louis XV style. There are Park views from both the living room and the King size bedroom suite, separated by sliding doors that allow for this space to convert to two bedrooms with complete privacy. The master bath, entered via double French doors, is decorated with marble mosaic tile in a leaf-like pattern inspired by Central Park. There is also a huge owners closet in the hallway. This is a once in a lifetime opportunity to own a truly unique and spectacular pied-a-terre and income producing property (2017-2019 average annual net return was nearly 5%). 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 2017. 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.
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Building Features 21 Floors182 Units

elevator
full time doorman
courtyard
garage
gym
laundry
pet friendly
pool
storage
View all 9 building features

Unit Features

Pet Policy: No pets

$2,950,000 / $3,134 per ft²

In Contract: Sep 18, 2021

11 Days to enter contract

1 Bed / 1.5 Baths / 941 ft²

Total Monthly expenses: $12,015

Maintenance: $9,562 / R.E. Taxes $2,453

Exclusively listed with: Brown Harris Stevens Residential Sales LLC

Douglas Russell

drussell@bhsusa.com

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Listing Courtesy of Brown Harris Stevens Residential Sales LLC View Listing

Unit listing history

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