246 Spring Street,
The Dominick Hotel,
#4103,
Manhattan,
NY
10013
This unique condo-hotel suite is at the Penthouse level situated on the 41st Floor of The Dominick and has one of the most unique studio layouts in the building showcasing corner South and East exposures and views of Downtown Manhattan.
This generous studio floor-plan offers floor-to-ceiling windows and is elegantly furnished with a luxurious king-sized bed, with leather headboard. The windowed Bathroom is wrapped in Italian marble, has a custom vanity, glass-enclosed shower and beautiful soaking tub with unobstructed views. The open kitchenette is equipped with Sub-Zero refrigerator, wine cooler, full-service breakfast bar, custom cabinetry with ebony doors. Additionally, the unit features state-of-the-art Control 4 technology which allows one-touch controls for blinds, temperature and lighting, and also included in the entertainment package is a 42-inch HD flat-screen television, DVD/CD player and sound system, and high-speed Internet connectivity.
This unit offers the ultimate in flexibility as the unit is managed and rented on a nightly basis generating income while owners are not occupying, and owners can enjoy a complimentary stay for up to four months out of the year. Its a perfect set up as a pied-a-terre and/or investment property. The rental program is run by strictly by hotel management and does not require any partaking from the owner. As an owner, you will receive a monthly breakdown of the unit's financial activity which will automatically deduct any costs associated with the ownership through the revenue generated resulting in a positive net income.
The Dominick permits its owners to stay in the unit for up to 4 months/120 days a year while renting it through the hotel program while not in use by the owner. Owners are allowed up to 29 nights in any 36-day period while enjoying the world-class amenities and services of the hotel. When owners are not in residency in the unit, it automatically goes into the hotel algorithmic system to be rented out nightly, weekly or even monthly by visitors to New York City.
The Dominick offers incredible suite of amenities including world-class dining, outdoor swimming pool lounge, indoor/outdoor relaxation lounges, Signature Spa with Turkish hammam, state-of-the-art fitness center with Mirror Workouts, Peloton bikes and Techno Gym, and 24-hour concierge. Designed by the Rockwell Group the lobby features The Library, a mezzanine seating area over-looking the lobby, conference and business center, and a top floor venue for private events. A landscaped Urban Plaza adjacent to the hotel extends from Spring Street to Dominick Street, with decorative lighting and spacious seating areas.
Revenue and expense statements for this unit are available upon request.
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