Condominium New York

5 Star Hotel Studio only $690,000

Own this exceptional entry level hotel studio’s hotel room at the only 5 star condominium hotel in Manhattan. The owner can stay when they want or rent out the room in times when they are not using it. Studios have higher occupancy than the 1 Bedroom or 2 Bedrooms.

This studio has a walk-in owners closet and stunning gallery kitchen, and all the benefits of a 5 Star Hotel.

In 2028 the entire hotel will be going thru a total renovation. The bathrooms will soon be Carrera Marble, and the old tubs will be new walk-in showers. All furniture will be replaced and the new decor will be a beautiful upscale look. Also, the halls will be completely redone. The owners assessment for this work will be $173,000, the current owner has agreed to pay half of the renovation assessment of $86,500 before or at closing.

Please call for showing’s or more information.