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$1,273,417
List Price: $1,295,000
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1 Central Park West #408
Condo in Lincoln Square •  building info
1bd • 1.5ba • 1,016ft² $1,275 per ft²
Buy with Yoreevo

$1,273,417

List Price

$1,295,000

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James McGrath
(212) 365-0151 • 
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Key Details
Days on market
412
Last price change
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Estimated payment
$16,778
Taxes
Monthly common charges
$7,196
Description
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.

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Important Stuff
Elevator
Full Time Doorman
Listing Amenities
City View
Park View
Dishwasher
Central Air
Skyline View
Building Amenities
Swimming Pool
Valet
Concierge
Gym
Live In Super
Fios Available
History
What it'll cost
Purchase price
$1,295,000
Asking Price: $1,295,000
Term
30 Years
Down Payment
$129,000 (10%)
Min: 10% (129,000)
Rate
6.5 %
Mortgage Amount
$1,165,500
Mortgage Payment
$7,367
Common Charges
$7,196
Taxes
$2,215
Estimated Yoreevo rebate
$21,583
Estimated closing cost
$49,000
Total monthly cost $16,778
Buy your dream home with us and get an estimated
$21,583 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Brown Harris Stevens

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