One Central Park West
1 Central Park West, 1506
Central Park West | West 59th Street & West 60th Street
Rooms
3
Bedrooms
1
Bathrooms
2
Status
Active
Real Estate Taxes
[Monthly]
$ 2,937
Common Charges [Monthly]
$ 7,365
ASF/ASM
943/88
Financing Allowed
90%
Property 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.
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.
Listing Courtesy of Brown Harris Stevens Residential Sales LLC
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Apartment Features
A/C
View / Exposure
Park Views
East Exposure
Building Details [1 Central Park West]
Ownership
Condo
Service Level
Full Service
Access
Elevator
Pet Policy
No Pets
Block/Lot
1113/7502
Building Type
High-Rise
Age
Post-War
Year Built
1960
Floors/Apts
44/155
Building Amenities
Bike Room
Business Center
Garage
Health Club
Hotel Style Service
Housekeeping
Laundry Rooms
Pool
Sauna
Steam Room
Valet Service
Building Statistics
$ 3,545 APPSF
Closed Sales Data [Last 12 Months]
Mortgage Calculator in [US Dollars]
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
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Additional building data provided by On-Line Residential [OLR].
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