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Presented by
Nick Pascale |
1 Central Park West, #408, New York (Central Park West), NY, 10023 | $1,250,000
Direct Central Park Views!
The Perfect Pied-a-terre! Hotel / Condo Suite #408 is a highly desirable, spacious, corner 1-bed, 1. 5-bath apartment with spectacular southeastern views of New York's iconic Central Park and Columbus Circle.
This fully furnished and recently renovated condominium hotel suite has every modern convenience and is kept in pristine mint-condition through daily housekeeping. The spacious living room boasts 10-foot floor to ceiling windows that are sound resistant and create a peaceful atmosphere, while sets of motorized sheers and black out shades allow for optimal privacy at the touch of a button. Your comfort is made complete with central heating and air, along with an impressive entertainment setup with a 55" HDTV and iLive sound bar.
Fall asleep to direct views of Central Park right outside your window. The massive bedroom comfortably fits a queen sized bed, additional furniture, and offers plenty of closet space. The spa like primary bathroom is fitted with Italian marble, stone-topped vanities, and comes with a posable magnifying mirror.
The European-Style kitchen is equipped with a top of the line stainless steel appliance package, including a Sub-Zero refrigerator, Miele dishwasher, and more.
The RARELY AVAILABLE '08 line is highly coveted for its 1, 016 sq. ft. floor plan, which includes an extra powder room, owner's walk in closet, and breathtaking views.
As an owner you can utilize your unit for up to 179 days a year. This condominium hotel suite is managed and operated as a hotel suite by the 5-Star Hotel Staff, so your world class property manager is built into the monthly carrying costs of ownership. When you are not staying in your Pied-a-terre, it generates income. This is an excellent and unique opportunity to own a piece of Manhattan real estate and make a return on your investment. There is currently a monthly assessment for $522. 75. Note that the building has a transfer/flip tax, which is 1% for the seller and 1% for the buyer.
About 1 Central Park West. . It is the only hotel in Manhattan with a Forbes Five-Star and AAA Five-Diamond with a 2 Michelin-Starred restaurant. 1 Central Park West is home to Jean George's Flagship Restaurant, which residents have access to through the lavish lobby or convenient 24-hour room service. Not to mention the hotel's state of the art spa, 6, 000 square foot fitness center, 55' swimming pool, and business center with private conference rooms. Every world class amenity is available to you or your guests via a seamless elevator ride.
Moments away from Columbus Circle, Lincoln Center, and Fifth Avenue, this premier location gives you the best of what New York City has to offer.
Features
- Town: New York
- Cooling: Unknown Type
- Levels: 44
- Amenities: Bike Room; Garage; Health Club; Pool; Sauna; Steam Room; Hotel Style Service; Laundry Room; Maid Service; Valet; Lounge; Business Center;
- Rooms: 3
- Bedrooms: 1
- Baths: 1 full / 1 half
- Complex: One Central Park West
- Year Built: 1960
- Pet Policy: Pets Allowed
- Washer/Dryer Allowed: Yes
- Washer/Dryer Hookups: Yes
- Building Access : Elevator
- Service Level: Full Service
- OLR#: RPLU21922322720
- Days on Market: 457 days
- Website: https://www.raveis.com
/prop/RPLU21922322720/1centralparkwest_newyork_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Nick PascaleSales Associate
203.887.0115
Nick.Pascale@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Nico SharpVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 337556
424.356.4321
Nico.Sharp@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Alex FerroInsurance Sales Director, William Raveis Insurance
203.610.1536
Alex.Ferro@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
1 Central Park West, #408, New York (Central Park West), NY, 10023
$1,250,000
Nick Pascale
Sales Associate
William Raveis Real Estate
Phone: 203.887.0115
Nick.Pascale@raveis.com
Nico Sharp
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 424.356.4321
Nico.Sharp@raveis.com
NMLS Mortgage Loan Originator ID 337556
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,000,000 | $1,000,000 | $1,000,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.625% | 6.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.335% | 6.738% | 6.559% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,915 | $6,403 | $8,643 |
| Total Monthly Payment | $6,040 | $6,528 | $8,768 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535