1 Central Park S #1527 New York City, NY 10019

CAP RATE APPRX 7.1% GREAT INVESTMENT PROPERTY AND PIED-A-TERRE. ACHIEVED 78% OCCUPANCY IN 2024. Prestigious 15th floor Junior King Suite in the iconic Plaza Hotel. Rental of the suite is managed thru the hotel rental program. OWNER CAN USE UP TO 120 DAYS PER YEAR. Faces south on to 58th Street. 698 SqFt (64.8 m2). Exquisitely furnished in Louis XV style. Butler's pantry and wet bar. Living room with pull out sofa offers option to use as a 2 bedroom. Sliding doors lead to king sized primary bedroom with huge walk-in closet & separate dressing area. Over-sized bathroom features deep soaking tub and 24-carat gold plated Sherle Wagner faucets, marble mosaic tile in a leaf-like pattern inspired by Central Park. Enjoy 5-star hotel and butler service: concierge, 24-hour in-room dining, twice-daily housekeeping, Guerlain Spa, Plaza Hotel Gym, The Palm Court, Champagne Bar, and Rose Club with live music, Oak Room, Grand Ballroom, Terrace Room and the Plaza Shops. Valet Parking also available from a separate garage on 58th St. Don't miss this high yield investment opportunity and pied-a-terre located right across from Central Park at Manhattan's premier destination, surrounded by glamorous Fifth Avenue shopping, steps from Carnegie Hall, Jazz at Lincoln Center and internationally acclaimed fine dining. Pets Allowed. Contact me today for a private showing!