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768 5th Ave, 1423
New York, NY 10022
Midtown

Off Market

Property Type
Condo
Estimated Size
1,487 ft²
Price per ft²
$2,619
Bedrooms
2 Bedrooms
Bathrooms
2 Bathrooms
Home Style
N/A
Common Charges
$17,014
Taxes
$4,413
Tax Deduction
N/A
Financing Allowed
N/A
New Development
N/A
Building
768 5th Ave
Building Year
1907
Building Floors
19 floors
Building Units
N/A
Elementary School
PS 111
Middle School
111
Days on RealDirect
N/A

Incredible opportunity to own a piece of New York City History in the Iconic Plaza Hotel! Known as The Vanderbilt Suite, this stunning two bedroom condo is over 1500 sq ft (140 sq m). Recently renovated in 2015 with no expense spared, this sprawling two bedroom corner unit offers beautiful views on to Fifth Avenue & The Pulitzer Fountain and an over-sized living room with an elegant separate dining area nestled into a beautiful rounded corner window. A newly renovated and outfitted butlers pantry and wet bar make this unit perfect for entertaining and the layout makes it feel like a real home. There is a perfectly placed second bathroom in the hallway which doubles as a powder room for guests and is located just across the second bedroom. The gorgeous master bedroom suite also has an over-sized spa-like bathroom featuring a custom claw foot bathtub, separate spa shower and a private WC. Exquisitely decorated in perfect Louis XV style and complete with two private owners closet.Priced competitively, this is a once in a lifetime opportunity to own a truly unique and spectacular pied-a-terre and income producing property. The owner may rent the suite through the hotel rental management program while not in residence and has the option to use the suite for up to 120 days per annum at the owners discretion. With an annual net return of 4.14% (based on 2015 figures), this is an amazing Investment Opportunity and Ideal Pied-a-terre!

Features

  • Renovated
  • Era: Prewar
  • Investor
  • View city

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Mortgage Calculator

Mortgage Amount

$550,000

This property allows up to 0% financing. You may need to increase your down payment.

Mortgage Payment

$2,200

Total Monthly Payment

$2,900

Listing History

Nov. 6, 2016 Sold $3,895,000
Oct. 29, 2016 Sold $3,895,000
Sept. 6, 2016 In Contract $3,895,000
July 24, 2016 Available $3,895,000

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