1 Central Park West, #610
Key Details
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Listed: Nov 15, 2023Days on Market: 164Building Type: CondominiumNeighborhood: Central Park West (Manhattan)Doorman: FT DoormanListing viewed 597 times
Insider Highlights
- Prime Location: This luxurious condominium is located at 1 Central Park West, in the heart of the Central Park West neighborhood. It offers close proximity to Central Park, Columbus Circle, and Lincoln Center for the Performing Arts, as well as magnificent views of Central Park.
- Spacious and Elegant Living: The apartment features 2 bedrooms, 2.5 bathrooms, and approximately 1,540 square feet of living space. It is fully furnished with a European style kitchen and offers potential to generate income through hotel guest rentals.
- Premium Building Amenities: The building, built in 1970 and converted in 1996, offers a full-time doorman, attended lobby, concierge, resident storage, central AC, full service garage, health club, pool, rooftop terrace, washer/dryer in building, elevator, business center, lounge, fitness center, on-site parking, outdoor entertainment space, laundry room, in-unit washer/dryer, valet services, live-in superintendent, restaurant, spa/therapy room, and terraces/balconies.
- 5-Star Hotel Services: Residents have access to 5-star hotel services and amenities, including health club, pool, and spa services, valet parking and garage, and a major restaurant on premises (Jean-Georges).
- Potential Investment Opportunity: With a price of $2,600,000 ($1,688 per ft2), monthly common charges of $10,451, and monthly real estate taxes of $1,350, this property offers a potential investment opportunity with the ability to generate income through hotel guest rentals.
- Considerations: While the location offers many benefits, potential cons include heavy traffic at Columbus Circle and a high tourist presence.
Description
Ownership offers the potential to generate income while the property is rented to hotel guests and is not being utilized by the owner. Financial summary of property performance available upon request.
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