SOLD FOR $1,175,000
· Sold at asking price · Closed February 28, 2018
$1,175,000
$2,026 per sq ft
768 5th Avenue #1641
The Plaza Hotel Residences
MLS® #RLS10049964
Listing by The Corcoran Group
Studio
1
Bath
580
Sq. Ft.
1907
Year Built
Sale Details
Property Summary
Description
One of the highly coveted corner Palm (Deluxe) Suites , this corner unit measures approximately 580 sq ft (54 sq m). This perfectly proportioned suite offers a spacious sitting room area, desk, wet-bar and Butler's Pantry. The bathroom is finished in 24-carat gold plated Sherle Wagner faucets and the exquisite furnishings are classic Louis XV style. The master bath, is decorated with marble mosaic tile in a leaf-like pattern inspired by Central Park. There is also an owners closet in the hallway and stunning open city views to the West and South through four over-sized windows. Priced competitively, this is a once in a lifetime opportunity to own a truly unique and spectacular pied-a-terre and high income producing property (Avg annual net return of 2.4% based on 2014, 2015 and 2016 figures*). 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.
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.