SOLD FOR $4,395,000
· Sold at asking price · Closed October 17, 2016
$4,395,000
$2,956 per sq ft
768 5th Avenue #1623
The Plaza Hotel Residences
MLS® #RLS10049943
Listing by The Corcoran Group
2
Bedrooms
1
Bath
1,487
Sq. Ft.
1907
Year Built
Sale Details
Property Summary
Description
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). Recently renovated in 2015 with no expense spared, this sprawling two bedroom corner unit offers beautiful views on to Fifth Avenue & The Pulitzer Fountain and an over-sized living room with an elegant separate dining area nestled into a beautiful rounded corner window. A newly renovated and 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 primary 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 annual net return of 5.2% (based on avg 2014-2015 figures), this is an amazing Investment Opportunity and Ideal Pied-a-terre!
Property Details
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Listing courtesy of Meghan Kelly Gefaell at The Corcoran Group. Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.