Park Loggia NYC
Request More Information

Park Loggia NYC

New York City

Take a Bite Out of the Big Apple

Lifestyle Asset Group invites you to co-own a new luxury Upper West Side condominium in New York City.

Through a proven co-ownership model, Lifestyle Asset Group brings together just six fortunate families to share equally in the acquisition of the home, the annual operating expenses, and the reservation calendar, providing the opportunity to own and enjoy a stunning $2.389m condo in the heart of NYC, hassle-free, for a fraction of cost of going solo.

This offering is not for the resale of the residence but only the admission of new investors into the existing LLC that is the owner of the property.

The Property

Welcome to The Park Loggia at 15 West 61st Street in the Upper West Side of NYC. These brand-new luxury condominiums are the latest iconic achievement of Skidmore, Owings & Merrill.

Though brand new, its ethos and aesthetic descend directly from its prestigious Upper West Side antecedents and recall existing architectural condominium masterpieces throughout the city. With an exclusive porte-cochere arrival, oversized windows that bring the outside in, elegant loggias that deliver a luxuriously intimate take on outdoor urban living, and a luminous custom-made terracotta façade, Park Loggia establishes a fresh legacy of excellence for a modern generation of condominium residences.

Ideally situated on the 18th floor, this corner one bedroom features an entire wall of floor-to-ceiling windows. Residence 18C is thoughtfully designed with an open living space, corner master suite featuring a large walk-in closet, and GE washer and vented dryer. Warm elegant interiors feature high ceilings, wide-plank white oak floors, quartzite kitchen countertops, Gioia Venatino marble master bathrooms, and custom millwork throughout. Designed for maximum flow, the layout emphasizes open space, natural light, expansive views and delivers picturesque Manhattan scapes.

Testimonial:

Residence Features

  • 1 bedroom
  • 1 bathroom
  • 828 sq. ft.
  • Beautiful kitchen with Meile appliances
  • Washer/Dryer
  • Wide-plank white oak floors
  • Quartzite kitchen countertops
  • Large walk-in closet
  • Floor to ceiling windows with views of Manhattan

The Place

The Resort

The Park Loggia

15 West 61st Street is located in the Upper West Side's epicenter of culture and luxury, quite literally moments from Central Park, Columbus Circle, and New York City’s most celebrated experiences. Attending a Lincoln Center ballet, seeing MoMA masterpieces, dining at Michelin star-rated restaurants, and shopping at couture designer flagship stores is all within reach.

Nearly 20,000 square feet of thoughtfully planned amenities, designed by AD 100 designers Pembrooke & Ives, includes ample indoor and outdoor spaces for entertaining, dining, fitness, and leisure activities to suit every taste.

This development has an incredibly evolved team of staff, including a white-glove greeter, who are deeply trained to anticipate personal needs around the clock. Enjoy 24/7 doormen well-acquainted with the personal preferences of each and every resident; a savvy concierge with immeasurable expertise about the neighborhood and city at large; plus a discreet security specialist. Acclaimed designers Pembrooke & Ives bring an unforgettable aesthetic to the condominium lobby and amenity spaces. As they’ve done in storied Manhattan residences and Hamptons estates alike, Pembrooke and Ives approached this address with a thoughtful blending of contemporary and timeless elements.


The Neighborhood:

The Upper West Side is an upscale, primarily residential area that lies between Central Park and the Hudson River. The neighborhood has long been regarded as a fulcrum of New York City’s cultural and intellectual elite, having been home to icons like John Lennon. Lauren Bacall, and Leonard Bernstein. While it continues to act as a hub for many artists and the urbane, it has over time become a coveted locale for those of all professions and lifestyles.

What distinguishes the Upper West Side from other neighborhoods are the two lush parks that flank it. Riverside Park runs along the Hudson River and features running trails, tennis courts, playgrounds, and baseball and soccer fields, while Central Park offers all that and so much more.

In addition to the abundant outdoor activities and parks, this neighborhood also has everything you could want from fine dining, nightlife, bars, coffee shops, boutiques and shopping, and entertainment.

Park Loggia Amenities:

  • 24/7 doormen and security
  • Concierge
  • Screening room
  • Musical practice rooms
  • Children’s playroom
  • Golf simulator
  • Outdoor terrace and gardens with barbecues, fire pits, lawns, and pergola
  • Fitness center and yoga
  • Game room with pool table, foosball table, and card tables
  • Resident lounge with custom gas fireplace
  • Private dining room with adjacent catering kitchen and wine cellar
  • Conference room
  • Rooftop Park Logia with Central Park views
  • Outdoor terrace

The Investment

Since 2013 Lifestyle Asset Group has been a pioneer in this proven real estate model, where you, along with a small group of like-minded investors, co-own a vacation property, with each investor only paying their share of the ownership costs.

PRICING OPTIONS

Pricing includes the $2,389,000 purchase price, LLC reserves, interior design, inspections, title, closing costs, a syndication fee for bringing the co-owners together, and the creation of the legal contracts for LLC.

Each 1/6th owner will enjoy 8 weeks annually

  • One-time LLC capital contribution: $446,000
  • Annual expenses: $14,000 per year

Important Considerations

  • This offering is not for the resale of the residence but only the admission of new investors into the existing LLC that is the owner of the property
  • This is not a timeshare or a fractional
  • All admitted members into the LLC will be required to comply with all condo bylaws and management company procedures
  • Only members or their immediate family members of the LLC will be allowed access to the unit
  • No reciprocity use will be allowed

Additional Benefits:   

  • Defined exit strategy so everyone knows up front how and when the co-ownership ends
  • At the end of the LLC term, the property is sold, all initial capital contributions for the acquisition are returned and net appreciation is shared
  • Ability to extend the term via a supermajority vote
  • Zero-hassle ownership
GET WEEKLY EQUITY VALUES
get the numbers

If this one-of-a-kind investment opportunity resonates with you we encourage you to request more information about this property in New York City, NY before the shares are spoken for.

Receive More information

Get Notified of Future Co-Ownership Opportunities

This listing is no longer availiable, but if you are still interested in owning a luxury vacation home in the area, please fill in your details and we will notify you when we have a new listing in this destination.
New properties are added frequently and LLC offerings subscribe fast.
Sign up today to stay informed →
NO LONGER AVAILABLE