768 Fifth Avenue
Apartment #1623
$5,350,000 Price
2 Bedrooms   2.0 Baths
768 Fifth Avenue 1623, Midtown East, NYC, $5,350,000, Web #: 21187994
768 Fifth Avenue 1623, Midtown East, NYC, $5,350,000, Web #: 21187994
768 Fifth Avenue 1623, Midtown East, NYC, $5,350,000, Web #: 21187994
768 Fifth Avenue 1623, Midtown East, NYC, $5,350,000, Web #: 21187994
768 Fifth Avenue 1623, Midtown East, NYC, $5,350,000, Web #: 21187994
768 Fifth Avenue 1623, Midtown East, NYC, $5,350,000, Web #: 21187994
768 Fifth Avenue 1623, Midtown East, NYC, $5,350,000, Web #: 21187994
768 Fifth Avenue 1623, Midtown East, NYC, $5,350,000, Web #: 21187994
768 Fifth Avenue 1623, Midtown East, NYC, $5,350,000, Web #: 21187994
768 Fifth Avenue 1623, Midtown East, NYC, $5,350,000, Web #: 21187994
768 Fifth Avenue 1623, Midtown East, NYC, $5,350,000, Web #: 21187994
768 Fifth Avenue 1623, Midtown East, NYC, $5,350,000, Web #: 21187994
768 Fifth Avenue 1623, Midtown East, NYC, $5,350,000, Web #: 21187994
768 Fifth Avenue 1623, Midtown East, NYC, $5,350,000, Web #: 21187994
768 Fifth Avenue 1623, Midtown East, NYC, $5,350,000, Web #: 21187994
768 Fifth Avenue 1623, Midtown East, NYC, $5,350,000, Web #: 21187994
768 Fifth Avenue 1623, Midtown East, NYC, $5,350,000, Web #: 21187994
768 Fifth Avenue 1623, Midtown East, NYC, $5,350,000, Web #: 21187994
768 Fifth Avenue 1623, Midtown East, NYC, $5,350,000, Web #: 21187994
768 Fifth Avenue 1623, Midtown East, NYC, $5,350,000, Web #: 21187994
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TROPHY PROPERTY AT THE PLAZA 2 BEDROOM

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). This sprawling two bedroom corner unit offers beautiful views on to Fifth Avenue and an...

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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). This sprawling two bedroom corner unit offers beautiful views on to Fifth Avenue and an over-sized living room with an elegant separate dining area nestled into a beautiful rounded corner window. A fully 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 excellent annual net return (based on average 2017-2019 figures), this is an amazing Investment Opportunity and Ideal Pied-a-terre!

Please call for further financial information. 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.

Floorplan for 768 Fifth Avenue 1623

Floorplan

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* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

Midtown East, NYC
Condominium
Maintenance/CC: $15,110
Monthly real estate tax: $3,876
Approx. square footage: 1,487 sf
Last Updated: 10/21/2021
Web ID: 21187994

Info & Amenities

Rooms: 4.5
Bedrooms: 2
Bathrooms: 2.0
City views: Yes
Air conditioning: Central Air
Pied-à-terre allowed: Yes
Period: Pre-War
Building Type: High Rise

Listing Agent(s)

Douglas S. Russell
Douglas S. Russell
Email Douglas
o: 212-906-9247
c: 917-687-6999