The Plaza Residences, 1 Central Park South, 1423 - Central Park South, New York
Incredible 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 is over 1500 sq ft (140 sq m). Recently renovated in 2015 with no expense spared, this sprawling two bedroom corner unit offers beautiful views on to Fifth Avenue & The Pulitzer Fountain and an over-sized living room with an elegant separate dining area nestled into a beautiful rounded corner window. A newly renovated and outfitted butler's 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 owner's discretion. With an annual net return of 4.14% (based on 2015 figures), this is an amazing Investment Opportunity and Ideal Pied-a-terre!
This listing courtesy of Corcoran Group