Revenue Generating Treasure A beautiful pied a terre that is turnkey, revenue generating, and in a perfect location along Fifth Avenue at the corner of Central Park. This rarely available 3BR, 3Bth home with outstanding hotel services and amenities is an investment opportunity not to be missed! Combined apartments 1114, 1115 and 1116 offer a multitude of possibilities for use. Currently all 3 units are part of the exemplary Sherry Netherland hotel pool. Unit 1114 has undergone a stunning renovation completed in August 2016.
This entire apartment can be your own private residence with high ceilings and wonderfully proportioned rooms, or part of the hotel rental pool. The annual hotel rental revenues easily cover the annual maintenance for all 3 units and generate a significant annual profit after all expenses paid. In addition to the hotel pool profits, you have the ability to use each unit up to 30 days per unit per year - 90 days/year in total. At Trip Advisors 2016 Travelers Choice Awards, the Sherry-Netherland was named the #1 hotel in the United States. Their outstanding staff and constant high praise recognition continues to exemplify this fine establishment. Full hotel services include daily housekeeping with evening turn-down, 24 hour doorman, concierge, elevator attendant, fitness center and room service from Harry Cipriani.
Here is your opportunity to be a part of it all with this investment dream!