1 Central Park W Unit 408, New York, NY 10023

Property Description

Welcome to Residence 408, a 1-bedroom, 1.5-bathroom condominium unit within a five-star hotel on prestigious Central Park West. This fully furnished executive park apartment features floor-to-ceiling windows showcasing amazing Central Park and Columbus Circle views. There is a fully equipped kitchen with high-end stainless-steel appliances, a separate dining area, and spa-like bathrooms. Owners may personally occupy the residence for up to 179 days per year. During the remaining eligible days, the residence participates in the hotel's rental program and is professionally rented and managed by the hotel, offering a streamlined opportunity to generate income when the owner is not in residence. This property is a great option for pied-a-terre for owners who travel to the city occasionally and want to enjoy potential income while not occupying the room. There is currently an ongoing special assessment for this unit of $1,372.27/month. Electricity is conveniently charged on the monthly common charges statement, and gas is included. A financial summary of property performance can be made available upon request. Residence 408 is scheduled to undergo a comprehensive three-month renovation from January 3, 2028 through March 31, 2028, as part of the hotel's property-wide renovation program. An additional $6,748.32/month assessment will run for 24 months from September 2026 to August 2028 to fund this approx. $222,711 renovation to the unit. The renovations are planned to include new luxury custom commercial-grade Restoration Hardware furniture, custom-designed draperies, and an easy-to-use, energy-efficient lighting system. The guest bathrooms are undergoing their first full structural redesign since opening and will feature exquisite White Calacatta natural stone, a walk-in shower, and a huge lit mirror to enhance natural light. Trump International Hotel and Tower is a Forbes Five-Star hotel. Residents can enjoy incredible hotel amenities, which include daily housekeeping, optional laundry valet, a state-of-the-art fitness center and spa, a 55-foot heated saltwater lap pool, sauna, and steam rooms. There are two Michelin-rated restaurants on-site, the highly sought-after Jean Georges and Nougatine. The tower is located at Manhattan's most prestigious address and location at the crossroads of Central Park, Columbus Circle, and the Upper West Side.