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A blog from CityRealty (Links below will take you to the 6sqft site)

Ritz Tower, 465 Park Avenue

Between East 57th Street & East 58th Street

Key Details

  • Year Built 1926
    Building Type Cooperative
    Neighborhood Midtown East
  • Total Apartments 142
    Total Floors 42
    Doorman FT Doorman
$1,381
Avg. Price / ft2
$104
Avg. Price / ft2
N/A
Avg. Price / ft2

Rating

31
Out of 44

Architecture Rating: 31 / 44

+
28
Out of 36

Location Rating: 28 / 36

+
21
Out of 39

Features Rating: 21 / 39

+
10
=
90

CityRealty Rating Reference

 
Architecture
  • 30+ remarkable
  • 20-29 distinguished
  • 11-19 average
  • < 11 below average
 
Location
  • 27+ remarkable
  • 18-26 distinguished
  • 9-17 average
  • < 9 below average
 
Features
  • 22+ remarkable
  • 16-21 distinguished
  • 9-15 average
  • < 9 below average
  • #33 Rated co-op in Manhattan
  • #7 Rated co-op - Midtown
  • #1 Rated co-op - Midtown East
 

Building Amenities

  • Attended Lobby
  • FT Doorman
  • Central AC
  • Health Club
  • Washer/Dryer in building
  • Elevator
Want more information about this property? Get it here!
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Apartments for Sale at 465 Park Avenue (10)

10
Available Apts
$425K - $5.9M
Price Range
$1,381
Avg. Price / ft2
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Apartments for Rent at 465 Park Avenue (5)

5
Available Apts
$8,500
Prices Start At
$104
Avg. Price / ft2
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Carter Horsley's Review

Carter Horsley's Building Review
"The city's most elegant apartment hotel, the Ritz at 465 Park Avenue on the northeast corner at 57th Street, is best known for its rooftop finials, and as the former site of Le Pavillon, the famous and expensive French restaurant that for many years occupied most of its 57th Street retail frontage.
Its real significance, however, was in making an individualistic tower an acceptable residential building form and in creating setback terraces. When it was built, it nearly tripled the heights to which luxury apartment houses were then soaring." Read Carter's Full Review
Pros
  • Architectural masterpiece by Emery Roth
  • Historically very important
  • Formerly housed Le Pavilion Restaurant
  • Full hotel services
  • Maid and valet service available
  • Close to Subway
Cons
  • No roof deck
  • Many apartments
  • No sidewalk landscaping
  • No garage
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More Neighborhood Info

Subways

  1. N
  2. Q
  3. R
  4. 4
  5. 5
  6. 6
at Lexington Ave and 60th 0.13 miles
  1. M
  2. E
at 5th Ave and 53rd 0.28 miles
  1. F
at Lexington Ave and 63rd 0.30 miles
 

Sales Summary - Past 12 Months

View By Apartment Sizes
Past 12 Months
$575,000
Avg. Price
Based on 1 Sales
 

Closing History - Last 10 sales

View All Closed Transactions
10
Units Sold
$450K - $4.3M
Price Range
$1,194
Avg. Price / ft2

Pricing Comparison of Similar Buildings

View Detailed Comparison

In The Neighborhood: What’s Available & Sales Stats

Not enough data available to generate chart.
  • 364 Available for Sale
  • $1,689 Avg. Price / Ft2
  • $2,659,188 Avg. Price
  • $1,362,500 Median Price
  1. Most Expensive 432 Park Avenue Apt 70A | $34,500,000
    Price / ft2 $8,584
  2. Least Expensive The St Regis Apt 909 | $125,000
    Price / ft2 $281
Not enough data available to generate chart.
  • 134 Available for Rent
  • $76 Avg. Price / Ft2
  • $8,578 Avg. Price
  • $5,948 Median Price
  1. Most Expensive One Beacon Court Apt 34B | $40,000
    Price / ft2 $160
  2. Least Expensive 235 East 54th Street Apt 1D | $1,895
Data is based on sales from past 12 months and only transactions for which we have approximate square footage information available are included above
Not enough data available to generate chart.
  • 312 Total Sales
  • $1,644 Avg. Price / Ft2
  • $2,554,959 Avg. Price
  • $1,145,000 Median Price
  1. Most Expensive 432 Park Avenue Apt 95 | $30,691,657
    Price / ft2 $7,968
  2. Least Expensive The Excelsior Apt 27J | $295,000
    Price / ft2 $421

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For More Information
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