Total Est. Monthly Carrying Cost:
$10,322 ($12.44/ft2)
Note: the above is based on a down payment of 10% ($99,000),
which is the minimum amount permitted by the building.
Description
The Ultimate in Luxury on Central Park for Living or Investment in A Historic Hotel of America. Located on the 18th floor of the famed Essex House with Central Park immediately across, this oversized one bedroom, one and one half bathroom home is the perfect pied-a-terre, allowing short term rentals which offset the monthly cost. The apartment is completely renovated, from the solid herringbone hardwood floors, a brand new en-suite bath with double sinks and a powder room, and a new marble kitchen with Sub-Zero refrigerator.
The living room has soaring 10 foot ceilings, new windows and an open kitchen. It is airy and loft like with great light and no street noise. There is a living area as well as a large dining area.The large master bedroom has two generous closets and is also bright and very quiet.
There are also two additional closets in the apartment including a huge walk-in "owners closet" for private storage while the apartment is rented. Additional features include central air conditioning and a washer/dryer. Utilities, Wi-Fi, fitness center and many other services are included in the common charges.
The building's flexible rental policies (short and long-term leases are permitted, with a minimum of one month) will make this unit especially appealing to investors. The Essex House is a landmark Art Deco building constructed in 1929. Essex House was converted into one of the world's first condominium hotels by Marriott Corporation in 1974.
Operated as both a hotel and condominium, owners and renters get access to five star amenities rarely available in other residences. In addition to a 24-hour security staff and 24-hour concierge service, residents of Essex House have access to a wide range of amenities including full-time doormen, private condominium reception, 24-hour valet parking, a business center, meeting rooms and catering facilities, an on-site restaurant, on-site management services, a fitness center, spa services, 5-star hotel services, and a valet and bell staff.
All content above are visible to screen reader users, so you may ignore the show more button below.