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A blog from CityRealty (Links below will take you to the 6sqft site)

The Dominick, 246 Spring Street, #3503

$685,000 | Studio, 1 bath

Key Details

  • Listed Nov 4, 2019
    Days on Market 33
    Building Type Condominium
    Neighborhood SoHo
  • Monthly Common Charges $3,679
    Monthly Real Estate Taxes $1,255
    Doorman FT Doorman

Description

Hotel Condo Pied-A-Terre Investment Opportunity!Unit #3503 is the BEST VALUE OPPORTUNITY at the Dominick - a Five Diamond Luxury Hotel destination! Just $685,000 for a Fendi Casa Furnished Southeast corner apartment with STUNNING VIEWS. This is the best pied-a-terre and investment opportunity that requires zero of your time to manage.

When not using this tremendous home it is managed and rented out on your behalf by the hotel. This spacious hotel unit achieves an occupancy of over 90% regularly. A turnkey investment that offers you, friends, family, colleagues, business partners, employees and loved ones visiting NYC the chance to enjoy the best and most unique living experiences NYC has to offer.

This corner unit with floor to ceilings windows embraces the best views to the South and East from the Hudson River to the East River - The Statue of Liberty to the bridges to Brooklyn and beyond. The Dominick is a striking and sophisticated modern hotel condominium designed by Handel Architects with interiors by the Rockwell Group. Embellished by custom Fendi Case furnishings, the suite includes a king-size bed, wet bar, state-of-the-art automation technology, and secure closets.

The luxurious Italian marble bathroom features a deep soaking tub, glassed walk-in shower, and double vanity.Owners and guests at The Dominick enjoy access to exceptional amenities: personalized concierge services, a Turkish bath at the 11,000 sq ft spa, fine dining, renowned salon and health club, pool deck, cocktail lounge, library, meeting rooms and event spaces, valet parking, and 24-hour in-room dining service. An owner may occupy the unit for up to 120 days each year, including 29 days in a 36-day period. At all times, the unit is conveniently managed and rented, offering the owner an immediate return on investment.

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Pricing History

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Estimated Monthly Cost

About The Dominick, 246 Spring Street

91

The Dominick, 246 Spring Street has received a CityRealty Rating of 91, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

37
Out of 44
+
27
Out of 36
+
18
Out of 39
+
9
=
91
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Very Distinguished 7 out of 8 points
Retail Quality:
High-End 5 out of 5 points
Canopy Entrance:
Dramatic 3 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
Very Attractive 3 out of 3 points
Contextual Design:
No, but Very Good 3 out of 3 points
Skyline:
Highly Visible 2 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Not Allowed 2 out of 2 points
Free Standing:
Free Standing 2 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
Attractive 2 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Attractive / Pleasant 3 out of 5 points
Distance To Neighborhood Center:
Less than 10 blocks 5 out of 5 points
Views:
Dazzling 4 out of 4 points
Neighborhood Ambience:
Attractive 2 out of 3 points
Traffic Noise:
Considerable 1 out of 3 points
Protected Views:
Many 2 out of 2 points
Distance To Subway:
3-5 Short Blocks 1 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
3-5 Short Blocks 1 out of 2 points
Distance To Park:
3-6 Short Blocks 1 out of 2 points
Distance To Water:
3-6 Short Blocks 1 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Spacious 4 out of 5 points
Units Per Floor:
10-15 1 out of 5 points
Ceiling:
8-9 Feet 1 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
Yes, with Swimming Pool 2 out of 2 points
Private Gardens:
Yes, but Small 1 out of 2 points
Storage Rooms:
Minimal 1 out of 2 points
Bay Windows:
Some 1 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
Yes 1 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
Some 1 out of 1 points
Garage:
Yes 1 out of 1 points
Mixed Use:
Yes 1 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
No 0 out of 1 points
Prewar:
No 0 out of 1 points
Other Amenities:
Many 2 out of 2 points
  • Condo
  • Built in 2009
  • 391 Apartments
  • 46 Floors

Building Amenities

  • Attended Lobby
  • Concierge
  • FT Doorman
  • Hi Rise
  • Post War
  • Basement Storage
  • Central AC
  • Full Service Garage
  • Health Club
  • Pool
  • Roof Deck
  • Washer/Dryer in building
  • Elevator
  • Mail Room
  • Business Center
  • Event Room
  • Valet Parking
  • Lounge
  • Fitness Center
  • Screening Room
  • Terraces / Balconies
  • Virtual Doorman
  • Outdoor Entertainment Space

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Pros
  • Close to Subway
  • Doorman
  • Nightclub
  • Concierge
  • Wet bars
  • Swimming pool
  • Restaurant
  • Spa
  • Great views
  • In-room catering
  • Valet parking
Cons
  • Small units
  • No cooking facilities in units
  • Many units
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Subways

  1. C
  2. E
at 6th Ave and Vandam 0.11 miles
  1. 1
at Varick 0.18 miles
  1. A
at Thompson 0.31 miles
  1. N
  2. R
at Broadway 0.41 miles
  1. J
  2. Z
  3. Q
  4. 6
at Broadway 0.45 miles
  1. M
  2. B
  3. D
  4. F
at Houston 0.49 miles

Aerial Imagery

 
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Listing provided courtesy of The Corcoran Group
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