1 Central Park W, #1218, New York (Upper West Side), NY, 10023 | $835,000

An Unparalleled Investment and Unique Pied-a-Terre: Luxury Condotel at One Central Park West Discover the epitome of Manhattan elegance with Unit 1218 at One Central Park West, nestled within the prestigious Trump International Hotel. This exquisite, fully furnished one-bedroom suite offers a rare opportunity to own a piece of New York City’s most coveted real estate, perfectly tailored for the discerning investor and the sophisticated traveler. Bathed in the warm glow of western sunlight, expansive views of Broadway unfold before you, creating a captivating backdrop for both work and relaxation. The meticulously designed suite boasts a sleek, stainless steel kitchen, while a dedicated work area provides a refined space for productivity. Indulge in the opulent marble bathroom, a sanctuary of tranquility after a day in the city. Experience the exceptional service of a five-star hotel, with 24-hour concierge, a state-of-the-art 6, 000 square foot health and fitness spa featuring a 55-foot lap pool, and a comprehensive business center. Beyond personal enjoyment, this suite presents a lucrative investment opportunity, seamlessly managed and rented by the hotel, ensuring consistent returns while you’re away. Immerse yourself in the vibrant lifestyle of One Central Park West, with Michelin-starred dining at Jean-Georges, Nougatine and The Terrace, and the convenience of on-site valet parking and attentive concierge. This is more than an investment, it’s a gateway to the quintessential New York experience.

Features

  • Town: New York
  • Heating: Central
  • Cooling: Central Air
  • Levels: 44
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full
  • Lot Size: 261.540000x195.000000
  • Laundry: Common On Floor,Common Area
  • Year Built: 1960
  • Common Charge: $5,092 Monthly
  • Approx Sq. Feet: 691
  • Est. Taxes: $13,236
  • Pet Policy: Building No,No
  • Appliances: Dishwasher,Refrigerator,Stainless Steel Appliance(s)
  • MLS#: RLS20005110
  • Days on Market: 71 days
  • Website: https://www.raveis.com
    /prop/RLS20005110/1centralparkw_newyork_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Bonnie FiliaultLuxury Properties Specialist

508.662.2324

Bonnie.Filiault@Raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

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To learn more about our credentials, visit raveis.com today.

Frank MerolaVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1020051

508.740.5922

Frank.Merola@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Allen GellermanInsurance Sales Director, William Raveis Insurance

617.686.2668

Allen.Gellerman@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

1 Central Park W, #1218, New York (Upper West Side), NY, 10023

$835,000

Bonnie Filiault

Luxury Properties Specialist

William Raveis Real Estate

Phone: 508.662.2324

Bonnie.Filiault@Raveis.com

Frank Merola

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 508.740.5922

Frank.Merola@raveis.com

NMLS Mortgage Loan Originator ID 1020051

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $668,000 $668,000 $668,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.625% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.614% 6.727% 6.183%
Monthly Tax Payment $1,103 $1,103 $1,103
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,793 $4,277 $5,637
Total Monthly Payment $4,988 $5,472 $6,832

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.