Buy&Hold (Hotel): (259 Keys) Ritz, Central Park, New York + $400,000,000
- Promise Land Realty
- Jan 1
- 4 min read
Boutique Hotel Investment Opportunity




Price
$400,000,000
 Off-Market Trophy Hotel Opportunity — Ritz-Carlton New York, Central Park
Asking Price:Â $400,000,000
Address:Â 50 Central Park South, New York, NY 10019
Asset Type:Â Ultra-Luxury Hotel
Guest Rooms:Â 259 rooms
Floors:Â 22
Year Built:Â 1929
Major Renovation:Â 2018
Property Overview
The Ritz-Carlton New York, Central Park is an iconic, ultra-luxury hospitality asset occupying one of the most prestigious addresses in the world. Directly overlooking Central Park and steps from Fifth Avenue, the hotel combines timeless architectural gravitas with modern luxury following an extensive 2018 renovation.
This landmark property delivers the quintessential Ritz-Carlton experience—pairing historic elegance with contemporary design, refined service, and irreplaceable views that command global demand.
Accommodations & Guest Experience
Elegantly appointed rooms and suites, many with direct Central Park views
Contemporary furnishings blended with classic architectural detailing
Spacious layouts designed for luxury leisure and executive travelers
Renowned Ritz-Carlton service standards ensuring a world-class guest experience
Dining & Lifestyle Amenities
Contour Restaurant — upscale all-day dining destination
Contour Bar — refined cocktail lounge serving hotel guests and local patrons
Luxury Spa offering premium wellness treatments
Modern Fitness Center designed for high-end clientele
Meetings & Events
4 private meeting rooms
Approximately 2,000 square feet of flexible event space
Ideal for executive meetings, private gatherings, and intimate luxury events
Location & Demand Drivers
Direct Central Park frontage with unobstructed views
Walking distance to:
Fifth Avenue luxury retail
Columbus Circle
Carnegie Hall
Midtown corporate offices and cultural institutions
One of the most supply-constrained, high-barrier hotel submarkets globally
Investment Highlights
Trophy, irreplaceable real estate in Manhattan’s most prestigious corridor
Historic landmark building paired with modern systems and finishes
Strong mix of international leisure, corporate, and luxury retail-driven demand
Long-term value preservation and appreciation potential
Ideal for institutional investors, sovereign wealth, family offices, and strategic joint-venture partners
Transaction Notes
Offered off-market
All inquiries and offers to be submitted directly to:📧 investments@promiselandrealtyllc.com
Confidential offering. Qualified buyers only.A rare opportunity to acquire a globally recognized luxury hotel at one of the most iconic addresses in New York City—and the world.
Inquiries / NDA Requests:investments@promiselandrealtyllc.com
Property Map

TEAM PROMISELAND DISCLAIMER: No one is permitted to market, advertise, or distribute this listing without express written permission or verified membership within the TEAM PROMISELAND network. Unauthorized use or sharing of this opportunity, photos, or property information will result in a $500 fine per incident, enforceable by law.
All off-market properties are sold As-Is, Where-Is. Buyer is responsible for conducting their own due diligence. Properties are conveyed via warranty deed, and Promiseland Realty LLC is selling its assignable contractual interest.
.This fee secures priority positioning, covers consulting and processing costs, and confirms buyer intent. Proof of Funds is required with all offers. Earnest Money Deposit (EMD) is due within 48 hours of accepted offer. All closings are facilitated through a licensed title company or closing attorney.
OFFICIAL PROMISELAND LENDING PARTNER

100% Financing for Rehab Projects
Powered by Residential Capital Partners
ResCap is a direct private lender offering zero-money-down loan options for 1-4 unit residential investment flips & rentals across the U.S.
🔹 100% Financing – Covers purchase + rehab
🔹 Fast Closings – ~10 days
🔹 Credit Requirements – 620+ FICO (Rehab), 660+ FICO (DSCR)
🔹 Loan Size – $75K–$1.25M
🔹 Rates – 10.9%–11.9% | 2–3% origination | 1st lien
🔹 Serviced In-House | Virtual Inspections | No Owner-Occ or Rural Props
        Nationwide Coverage (Excludes: AK, AZ, NV, PA)
        Proof of Funds Available
This listing is proudly sponsored by Residential Capital Partners – trusted lending for the nation’s best flippers.
For more info email sarter@promiselandrealtyllc.com or text (864) 762-2509
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PROMISE LAND REALTY LLC
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Trusted by 1,000,000+ Investors. Featured on BiggerPockets:
PROMISELAND DISCLAIMER:
Promiseland Realty LLC is a nationwide real estate consulting firm specializing in off-market investment opportunities, strategic acquisitions, and real estate advisory services.
No one is permitted to market, advertise, or distribute this listing without express written permission or verified membership within the TEAM PROMISELAND network. Unauthorized use or sharing of this opportunity, photos, or property information will result in a $500 fine per incident, enforceable by law.
All off-market properties are sold As-Is, Where-Is. Buyer is responsible for conducting their own due diligence. Properties are conveyed via warranty deed, and Promiseland Realty LLC is selling its assignable contractual interest.
Proof of Funds is required with all offers. Earnest Money Deposit (EMD) is due within 48 hours of an accepted offer. All closings are facilitated through a licensed title company or closing attorney.

