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A blog from CityRealty (Links below will take you to the 6sqft site)
There are 7 apartments for sale at 465 Park Avenue (last updated on May 23, 2022)

Ritz Tower, 465 Park Avenue

Co-op located in Midtown East, between East 57th Street & East 58th Street

Description of Ritz Tower at 465 Park Avenue

The Ritz Tower is an iconic Emery Roth residential co-op circa 1926, which offers world-class hotel style services including 24-hour doorman/concierge, chef on the premises offering lunch and dinner for residents in their home, housekeeping services, housekeeping, valet, and porters. Amenities include a state-of-the-art fitness center, meeting/party room, business center, and individual storage. Located at 465 Park Avenue, at the nexus of Midtown East and the Upper East Side, it is well situated near Central Park, high-end shopping, fine dining, and public transportation.

Pied-a-terres, foreign purchasers, LLC 's, trusts, and corporate name purchases are allowed but subject to board approval. Pets are welcome, and there is a 3% flip tax paid by the buyer.

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Building Facts

  • Year Built: 1926
    Building Type: Co-op
    Neighborhood: Midtown East (Manhattan)
    Minimum Down Payment: 50%
  • Total Apartments: 142
    Total Floors: 42
    Doorman: FT Doorman

Apartment Pricing Stats

Avg. Price / ft2
Avg. Price / ft2

Building Amenities

  • Attended Lobby
  • FT Doorman
  • Resident Storage
  • Central AC
  • Health Club
  • Washer/Dryer in building
  • Elevator
  • Party Room

Apartments for Sale at 465 Park Avenue (7)

7
Available Apts
$595K - $5.95M
Price Range
$1,078
Avg. Price / ft2
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Ritz Tower: 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
  • #34 Rated co-op in Manhattan
  • #7 Rated co-op - Midtown
  • #1 Rated co-op - Midtown East
 

Carter Horsley's Review of Ritz Tower

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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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
$1,385,500
Avg. Price
Based on 10 Sales
 

Closing History - Last 10 sales

10
Units Sold
$150K - $4.2M
Price Range
$1,368
Avg. Price / ft2

Pricing Comparison of Similar Buildings

View Detailed Comparison

Famous Residents

 

Alternate Addresses

  • 103 East 57th Street
  • 105 East 57th Street
  • 107 East 57th Street
  • 109 East 57th Street
  • 111 East 57th Street
  • 113 East 57th Street
  • 461 Park Avenue

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For More Information
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