$8,795,000
Active
1 days on market
25 W 28th St Ph 43A, Ph 43A
📍 NoMad, New York, NY 10001
2.0
Beds
2.5
Baths
1,750
Sqft
$5,026
Per sqft
2021
Year built
Condo/Co-op
Type
About this property
THE CROWN JEWEL OF THE RITZ-CARLTON RESIDENCES, NEW YORK, NOMADTHE HIGHEST TWO-BEDROOM PENTHOUSE IN THE BUILDING. FIVE-STAR LIVING, BREATHTAKING MANHATTAN VIEWS, AND THE RARE OPPORTUNITY TO GENERATE RENTAL INCOME WHILE AWAY. A SIGNIFICANT POTENTIAL FINANCIAL ADVANTAGE: EXEMPTION FROM NYC'S NEW PIED-À-TERRE TAX. Unlike traditional luxury condominiums, the Ritz-Carlton Residences are situated within a predominantly hotel-operated property with a distinctive commercial classification. This may provide a meaningful exemption from NYC's new pied-à-terre tax, potentially saving qualified owners substantial annual expenses. Combined with the Ritz-Carlton's professionally managed rent
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Amenities & features
Key facts
Custom millwork
Highest residence
$8,961 HOA
Property details
Property typeCondo/Co-op
Listing statusActive
HOA fees$8,961/mo
Year built2021
Days on market1 days
MLS #RLS20120996
Estimated monthly payment
Listing price$8,795,000
Down payment (20%)$1,759,000
Loan amount$7,036,000
Principal & interest (7%, 30yr)$46,810/mo
Property tax (est.)$8,553/mo
Home insurance (est.)$3,664/mo
HOA$8,961/mo
Estimated total$67,988/mo
Estimates only. Contact a lender for accurate figures. Does not include closing costs or PMI.