The Central at 5Th, A Hilton Club

The Resort and Its Setting

The Central at 5Th, A Hilton Club, is a Hilton Grand Vacations property operating under the Hilton Club brand, which places it a notch above standard vacation ownership in terms of service expectations and building standards. It's an urban timeshare rather than a resort in the beach or mountain sense — the draw here is the address, not a pool or a stretch of sand. Owners hold a vacation interval they can use themselves, rent out, or trade through RCI, the exchange network this property is affiliated with.

Manhattan on Your Doorstep

Being steps from Fifth Avenue puts owners within easy walking distance of some of the city's best-known names and places. Central Park is about half a kilometre away, the Metropolitan Museum of Art around 1.2 km, and Rockefeller Center and Times Square both sit within 1.5 km — close enough to reach on foot or with a short subway hop. Grand Central Terminal, a useful transport hub as well as an attraction in its own right, is roughly 1.8 km away. For anyone who wants Manhattan living without checking into a different hotel every visit, this location does the legwork.

Selling or Renting a Week Here

If you own at The Central at 5Th and are weighing up your options, here's what to factor in. Listing on BidMyTimeshare.com is a private owner-to-owner sale: you set your own asking price, buyers contact you directly through the platform, and we charge a one-time listing fee rather than commission on the sale — there's no cut taken when your week sells.

On the resale side, Hilton Grand Vacations applies its own transfer costs separately from anything you pay us to list. Under HGV's fee schedule effective 1 January 2026, a resale transfer involves a $736 activation fee, a $504 ownership change fee, and a $102 estoppel fee (these were $715, $489 and $99 respectively in 2025, so check the current figures before agreeing a price with a buyer). HGV's club disclosure also notes that transfers may be subject to a right of first refusal, which brokers report typically runs for 30 days — worth building into your timeline if you're hoping for a quick sale.

Transfer times vary. Brokers quote anywhere from four to six weeks on the fast end, up to 60–120 days in some cases, so set buyer expectations accordingly rather than promising a specific closing date.

It's also worth being upfront with prospective buyers about what a resale purchase does and doesn't include. Resale buyers get limited Hilton Honors points conversion, no automatic elevated Honors status, no access to HGV Max, and no Open Season booking benefits. None of that stops the ownership from working as intended — guaranteed access to this Manhattan address, with the option to exchange through RCI — but it does mean a resale week is priced and positioned differently from a developer-purchased one, and buyers researching the resort will likely already know this.

Practical Notes for Owners and Renters

Renters interested in a week here are typically looking for the location first and the Hilton Club name second — proximity to Fifth Avenue, Central Park and the Midtown museums and theatres does most of the selling. If you're renting out your interval rather than selling, be clear in your listing about which calendar weeks you hold and how far in advance a guest needs to book, since Manhattan travel — especially around the shoulder seasons and major events — fills up fast.