The Plaza Residence

New York

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Extraordinary Living

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Douglas Elliman - New York

Presented At

$1,495,000

Bedrooms

Bathrooms

Living

698

SQFT

Stories 19

High Ceiling

Stone Countertops

Fitness Center / Gym

Bar

Walk In Closet

Terrace

Garage

Parking

Balcony

Pool

Water View

City View

Investment Property

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The Plaza Residence

New York

The Plaza Residence, 1 CENTRAL PARK S, New York, New York, United States. , New York , New York

The Plaza Residence, 1 CENTRAL PARK S, 1527 - Central Park South, New York

CAP RATE APPRX 7.1% GREAT INVESTMENT PROPERTY AND PIED-A-TERRE. ACHIEVED 78% OCCUPANCY IN 2024. Prestigious 15th floor Junior King Suite in the iconic Plaza Hotel. Rental of the suite is managed thru the hotel rental program. OWNER CAN USE UP TO 120 DAYS PER YEAR. Faces south on to 58th Street. 698 SqFt (64.8 m2). Exquisitely furnished in Louis XV style. Butler's pantry and wet bar. Living room with pull out sofa offers option to use as a 2 bedroom. Sliding doors lead to king sized primary bedroom with huge walk-in closet & separate dressing area. Over-sized bathroom features deep soaking tub and 24-carat gold plated Sherle Wagner faucets, marble mosaic tile in a leaf-like pattern inspired by Central Park. Enjoy 5-star hotel and butler service: concierge, 24-hour in-room dining, twice-daily housekeeping, Guerlain Spa, Plaza Hotel Gym, The Palm Court, Champagne Bar, and Rose Club with live music, Oak Room, Grand Ballroom, Terrace Room and the Plaza Shops. Valet Parking also available from a separate garage on 58th St. Don't miss this high yield investment opportunity and pied-a-terre located right across from Central Park at Manhattan's premier destination, surrounded by glamorous Fifth Avenue shopping, steps from Carnegie Hall, Jazz at Lincoln Center and internationally acclaimed fine dining. Pets Allowed. Contact me today for a private showing!

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3D Street View Tour

Property Location

The Plaza Residence, 1 CENTRAL PARK S, New York, New York, United States., New York New York

Local Weather & Climate

New York, New York

Current Conditions Updated recently

31 °F

Few clouds

Feels Like 24°F

Humidity 48%

Wind 8 mph

Visibility 6.2 mi

Sunrise 12:04 PM

Sunset 10:15 PM

5-Day Forecast

Wed 4 Feb

Clouds

High 29°

Low 14°

Thu 5 Feb

Clouds

High 27°

Low 4°

Fri 6 Feb

Clouds

High 25°

Low 9°

Sat 7 Feb

Clouds

High 27°

Low 9°

Sun 8 Feb

Clear

High 16°

Low 3°

Annual Climate Based on last 12 months

46° Avg Low

Feb

62° Avg High

Jul

151 Rainy Days

per year

Arid

Semi-Arid

Moderate

Wet

52.5" Annual Rainfall

Moderate climate

❄

34 Snow Days

per year

Monthly Temperatures

Jan

34°

21°

Feb

33°

19°

Mar

54°

36°

Apr

64°

46°

May

73°

55°

Jun

84°

66°

Jul

85°

70°

Aug

83°

68°

Sep

75°

62°

Oct

64°

50°

Nov

52°

38°

Dec

38°

25°

Data from OpenWeatherMap & Open-Meteo

Walkability & Transit Scores

How easy is it to get around New York?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

Home Price

Down Payment

$100,000

Interest Rate

Loan Term

Estimated Monthly Payment $3,160

Monthly Payment Breakdown

Principal & Interest $2,528

Loan Amount $400,000

Total Interest $337,621

Total Cost $737,621

Potential Tax Benefits (United States)

$0 Est. First Year Interest Deduction

$0 Est. Annual Tax Savings

*Based on post-2017 tax law. Actual deductions depend on filing status, itemization, and current tax laws.

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Important Information

This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
Tax benefit calculations are simplified estimates based on general assumptions for United States. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
Tax Year Information: Tax data shown is based on United States tax year 2025 (fiscal year: January-December), rules effective from 2018 through 2025. Tax laws change frequently and may have been amended since this data was compiled.

Tax Information Disclaimer

The tax benefit information displayed on this page is provided for general informational and educational purposes only. This information:

Does not constitute tax advice and should not be relied upon as such. Tax laws are complex and vary by jurisdiction, individual circumstances, and are subject to change without notice.
May not be current or accurate for your specific situation. Tax rules are updated frequently by governments, and the information shown may not reflect the most recent changes.
Uses simplified assumptions that may not apply to your circumstances, including filing status, total income, other deductions, alternative minimum tax considerations, and local tax variations.
Should not be used as the basis for any tax planning decisions or financial strategies without consulting a qualified tax professional licensed in your jurisdiction.

Before making any decisions based on potential tax benefits, you should consult with a qualified tax advisor, certified public accountant (CPA), or licensed tax professional who can evaluate your specific circumstances and provide advice tailored to your situation.

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Frequently Asked Questions

Common questions about this property

How many bedrooms and bathrooms does The Plaza Residence, 1 CENTRAL PARK S, New York, New York, United States have?

This apartment at The Plaza Residence, 1 CENTRAL PARK S, New York, New York, United States features 1 bedroom with 698 square feet of living space.

What is the size of The Plaza Residence, 1 CENTRAL PARK S, New York, New York, United States?

This property offers 698 square feet of living space.

What is the listing price for The Plaza Residence, 1 CENTRAL PARK S, New York, New York, United States?

This property is listed at $149,500,000, which equals $214183 per square foot.

What is the climate like in New York?

New York features a pleasant climate. Average temperatures range from 46°F in winter to 62°F in summer. The area receives approximately 52.5 inches of precipitation annually. There are about 151 days with rain throughout the year. Expect around 34 days with snow. This climate information can help you plan for seasonal activities and energy costs.

What are the best months to visit or move to New York?

New York tends to be warmest in Jul and coldest in Feb. The shoulder seasons of spring and fall often offer the most comfortable weather for moving and outdoor activities.

What type of property is The Plaza Residence, 1 CENTRAL PARK S, New York, New York, United States?

This is a apartment located in New York, New York. The property is situated in an established neighborhood with convenient access to local amenities and services.