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1 Central Park West, #502, New York (Central Park West), NY, 10023 | $2,250,000
Stunning 2 Br Facing Central Park- Pays for itself
Unit 502 is an 1182 sf 2 bedroom At 1 CPW- It is in the 5 Star Trump Hotel. This unit has been split into 2 rental properties that the hotel rents as both a 1 bedroom and separately a studio. All rooms face the Park and the rental history is strong. An owner can use it as a 2 bedroom, or any way they wish. There are no restrictions on usage by the owners and they can use 365 days a year if they want. The hotel rents for you when not using , and you get the income after expenses. There is room service from 2 Star Michelin restaurant Jean Georges. The health club has the latest equipment and a salt water pool. Please call or email for an showing or financial information.
Unit 502 is an 1182 sf 2 bedroom At 1 CPW- It is in the 5 Star Trump Hotel. This unit has been split into 2 rental properties that the hotel rents as both a 1 bedroom and separately a studio. All rooms face the Park and the rental history is strong. An owner can use it as a 2 bedroom, or any way they wish. There are no restrictions on usage by the owners and they can use 365 days a year if they want. The hotel rents for you when not using , and you get the income after expenses. There is room service from 2 Star Michelin restaurant Jean Georges. The health club has the latest equipment and a salt water pool. Please call or email for an showing or financial information.
Features
- Town: New York
- Cooling: Unknown Type
- Levels: 44
- Amenities: Bike Room; Garage; Health Club; Pool; Sauna; Steam Room; Hotel Style Service; Laundry Room; Maid Service; Valet; Lounge; Business Center;
- Rooms: 4
- Bedrooms: 2
- Baths: 2 full
- Complex: One Central Park West
- Year Built: 1960
- Pet Policy: Pets Allowed
- Washer/Dryer Allowed: Yes
- Building Access : Elevator
- Service Level: Full Service
- OLR#: RPLU21923257549
- Days on Market: 3 days
- Website: https://www.raveis.com
/prop/RPLU21923257549/1centralparkwest_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.Listing courtesy of Brown Harris Stevens Residential Sales LLC
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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1880936
347.223.0992
Sarah.Alvarez@Raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
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860.690.5052
Robert.Reade@raveis.com
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
1 Central Park West, #502, New York (Central Park West), NY, 10023
$2,250,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Sarah Alvarez
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,800,000 | $1,800,000 | $1,800,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.769% | 6.270% | 5.864% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $10,079 | $10,937 | $14,827 |
| Total Monthly Payment | $10,204 | $11,062 | $14,952 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535