New York (Lincoln Square), NY, 10023 | $785,000

I bedroom Condotel Jewel! Only $785, 000

The perfect pied-a-terre at Trump International Hotel & Tower. Owning a hotel suite at 1CPW gives you the luxury of a 5-Star hotel with the convenience of apartment ownership. The hotel has 24 hour room service, 6000 square foot fitness center and spa center, 55 foot lap pool, business center with private conference rooms and a personal attach that can make almost any request a reality.

This 9th floor, 691 square foot (64. 20 square meters) one bedroom unit with one bathroom has excellent city views and a full kitchen for convenience and luxury. When staying in Manhattan for business or pleasure there is quite simply nothing better than staying in one of the best neighborhoods this island has to offer.

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, so, when you are not there it generates substantial income. This is an excellent way to own a piece of Manhattan real estate with the added bonus of a return on your investment.

For detailed information on this fantastic property please contact me at your convenience.

Features

  • Town: New York
  • Cooling: Other
  • Levels: 44
  • Amenities: Sauna
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full
  • Laundry: Building Other
  • Complex: One Central Park West
  • Year Built: 1996
  • Common Charge: $5,092 Monthly
  • Approx Sq. Feet: 691
  • Pet Policy: Building Yes,No
  • Appliances: Washer Dryer Allowed
  • MLS#: RLS20063681
  • Days on Market: 23 days
  • Website: https://www.raveis.com
    /prop/RLS20063681/1centralparkw_newyork_ny?source=qrflyer
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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.
Listing courtesy of Brown Harris Stevens Residential Sales LLC   Phone: (212) 906-9234

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@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!
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Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

New York (Lincoln Square), NY, 10023

$785,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.DeFlorio@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $628,000 $628,000 $628,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.125% 5.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.285% 6.292% 5.609%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,566 $3,816 $5,090
Total Monthly Payment $3,658 $3,908 $5,182

* 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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.