The Plaza, Hotel Residences

768 Fifth Avenue, PH2040

Midtown West   |   West 58th Street & West 59th Street

Condo [Full Service]
$ 8,950,000
Rooms 4.5
Bedrooms 2
Bathrooms 2.5
Status Active
Real Estate Taxes [Monthly] $ 6,313
Common Charges [Monthly] $ 24,611
Listing ID: 1567247

Property Description

This is a stunning trophy property and an incredible opportunity to own a piece of New York City History in the Iconic Plaza Hotel! Formerly The Hardenbergh Suite, and now renamed The Grand Penthouse Suite, this palatial duplex offers breathtaking views of Central Park and the New York City skyline. Exquisitely furnished in classic Louis XV style, the breathtaking Grand Penthouse suite is over 2100 sq ft (195 sq. m) with a 540 sq ft (50 sq. m) terrace off the master bedroom. The first floor features a gorgeous corner living room with stunning views of Central Park through oversized arched windows. There is a separate dining area for 12, a second master bedroom suite, and a beautifully appointed powder room. An elegant staircase then leads you to the second master bedroom suite with an expansive and beautifully landscaped terrace, park views and a separate study area. Both bedrooms have king beds, are tremendously grand and all of the rooms offer city or direct park views with complete privacy. There are also two owners closets. Premium amenities include: Marble, wood-burning fireplace in the living room, Butler's pantry and marble wet bar with microwave oven and under counter refrigerator, White glove butler service, Smart home technology controlling temperature, lighting and other services, gorgeous baths including 24-carat gold plated Sherle Wagner faucets, mosaic floors and walls with a gilded leaf motif, deep soaking tubs with separate showers & private WC, Additional full size sofa bed, and Large wood paneled luxury closets with built-in drawers & storage. Priced competitively, with an excellent annual net return (for 2017-2019), this is a once in a lifetime opportunity to own a truly unique and spectacular pied-a-terre and income producing property. PH2040 rents for up to $25,000 per night. Please call or email for further financial information.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.

The Plaza Hotel which had 804 rooms was converted into a hotel and a residential condo in 2007. The new Plaza Hotel has only 272 rooms which is a reduction of 66%. This iconic hotel continues to have high demand and now with far fewer rooms the occupancy and rates are quite high which greatly benefits the condo hotel owners.
This is a stunning trophy property and an incredible opportunity to own a piece of New York City History in the Iconic Plaza Hotel! Formerly The Hardenbergh Suite, and now renamed The Grand Penthouse Suite, this palatial duplex offers breathtaking views of Central Park and the New York City skyline. Exquisitely furnished in classic Louis XV style, the breathtaking Grand Penthouse suite is over 2100 sq ft (195 sq. m) with a 540 sq ft (50 sq. m) terrace off the master bedroom. The first floor features a gorgeous corner living room with stunning views of Central Park through oversized arched windows. There is a separate dining area for 12, a second master bedroom suite, and a beautifully appointed powder room. An elegant staircase then leads you to the second master bedroom suite with an expansive and beautifully landscaped terrace, park views and a separate study area. Both bedrooms have king beds, are tremendously grand and all of the rooms offer city or direct park views with complete privacy. There are also two owners closets. Premium amenities include: Marble, wood-burning fireplace in the living room, Butler's pantry and marble wet bar with microwave oven and under counter refrigerator, White glove butler service, Smart home technology controlling temperature, lighting and other services, gorgeous baths including 24-carat gold plated Sherle Wagner faucets, mosaic floors and walls with a gilded leaf motif, deep soaking tubs with separate showers & private WC, Additional full size sofa bed, and Large wood paneled luxury closets with built-in drawers & storage. Priced competitively, with an excellent annual net return (for 2017-2019), this is a once in a lifetime opportunity to own a truly unique and spectacular pied-a-terre and income producing property. PH2040 rents for up to $25,000 per night. Please call or email for further financial information.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.

The Plaza Hotel which had 804 rooms was converted into a hotel and a residential condo in 2007. The new Plaza Hotel has only 272 rooms which is a reduction of 66%. This iconic hotel continues to have high demand and now with far fewer rooms the occupancy and rates are quite high which greatly benefits the condo hotel owners.

Listing Courtesy of Brown Harris Stevens Residential Sales LLC

Care to take a look at this property?

Apartment Features

A/C
Washer / Dryer Hookups
768 Fifth Avenue Midtown West New York NY 10019

Building Details [768 Fifth Avenue]

Ownership Condo
Service Level Full Service
Access Elevator
Block/Lot 1274/7504
Building Type Hotel
Age Pre-War
Year Built 1907
Floors/Apts 20/282

Building Amenities

Housekeeping
WiFi

Building Statistics

$ 3,611 APPSF

Closed Sales Data [Last 12 Months]

Mortgage Calculator in [US Dollars]

$
%
$
%

Loan Amount

Klara Madlin

License

Licensed Real Estate Broker


This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2022 REBNY Listing Service, Inc. All rights reserved. Additional building data provided by On-Line Residential [OLR].
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.