Property Description for 768 Fifth Ave, PH-2040
Incredible opportunity to own a piece of New York City History in the Iconic Plaza Hotel! Formerly The Hardenbergh Suite, now newly renovated (in 2015) and renamed The Grand Penthouse Suite, this palatial duplex offers breathtaking views of Central Park and the New York City skyline. Exquisitely furnished in classic Louis XV style, the breathtaking Grand Penthouse suite is over 2100 sq ft (195 sq. m) with a 540 sq ft (50 sq. m) terrace off the master bedroom. The first floor features a gorgeous corner living room with stunning views of Central Park through oversized arched windows. There is a separate dining area for 12, a second master bedroom suite, and a beautifully appointed powder room. An elegant staircase then leads you to the second master bedroom suite with an expansive and beautifully landscaped terrace, park views and a separate study area. Both bedrooms have king beds, are tremendously grand and all of the rooms offer city or direct park views with complete privacy. There are also two owners closets. Premium amenities include: Marble, wood-burning fireplace in the living room, Butler's pantry and marble wet bar with microwave oven and under counter refrigerator, White glove butler service, Smart home technology controlling temperature, lighting & other services, Newly renovated bathrooms including 24-carat gold plated Sherle Wagner faucets, mosaic floors and walls with a gilded leaf motif, deep soaking tubs with separate showers & private WC, Additional full size sofa bed, and Large wood paneled luxury closets with built-in drawers & storage.Priced competitively, with an annual net return of 4.8% (for 2015), 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.