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Ritz Tower, 465 Park Avenue, #1314A

Listing no longer available on CityRealty as of Jun 22, 2021
It previously was on the market for a total of 293 days.
Last Sold on Sep 23, 2021 for $4,200,000
3 beds, 4 baths | Approx. 2,800 ft2
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  • Buyers
  • Andrew Rosenwach, Trustee
  • Article Fifth Trust Fbo Andrew Rosenwach Under Ali
  • Sellers
  • Clive J Davis
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12 apartments are currently available in this building.
293 days on Market

Pricing History

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Key Details

  • Listed: Sep 2, 2020
    Last Price Change: -8.3% ($405,000) on Jan 20
    Days on Market: 293
    Building Type: Cooperative
    Neighborhood: Midtown East (Manhattan)
    Doorman: FT Doorman
    Listing viewed 361 times
Monthly Maintenance: $11,681 ($4.17/ft2)
Est. Monthly Mortgage: -
Total Est. Monthly Carrying Cost: $27,166 ($9.70/ft2)
Note: the above is based on a down payment of 50% ($2,247,500), which is the minimum amount permitted by the building.

Description

RARE AND ELEGANT RITZ TOWER DUPLEX in BRAND NEW CONDITION


Welcome to one of the most spectacular apartments in the Ritz Tower, located at 57th Street and Park Avenue. Two of the building's finest residences overlooking Park Avenue were combined and completely renovated from scratch to create a brilliantly designed 3 bedroom, 3 bathroom plus powder room duplex with an architecturally magnificent staircase created of glass, bronze and white-washed oak. With approximately 2,800 square feet, the upper level comprises an open-design entertainment floor with a grand-scale living room spanning 31 feet, a classically proportioned dining room, and a semi-open chef's kitchen with breakfast bar and the finest professional appliances.

Completing this floor is a family room or den, an elegant powder room, a wet bar, coat closet and large walk-in storage room. The lower level features an enormous double bedroom primary suite with two lavish ensuite bathrooms and a dressing area. Ingeniously designed sliding panels close to create an additional guest bedroom with ensuite bath as the need arises.

There is a third large bedroom, also with an ensuite bathroom featuring the finest materials, a laundry and an enormous walk-in closet. The lavish finishes include oak herringbone floors, 5-zone heating and air conditioning, custom Skyline tilt-and-turn windows, Italian marble windowsills, and Sonos surround sound speakers throughout.


This is an extremely rare offering as very few duplexes have been created in the Ritz Tower, and rarer still that it is a brand new, fully renovated apartment designed for today's lifestyle with open and spacious entertaining areas plus a separate floor for the private bedroom wing. It is a remarkable opportunity unlike any other offered in the building.


The Ritz Tower was built at the height of the Roaring 20's by one of Manhattan's most prolific and respected architects, Emery Roth.

Originally designed as a 5-star hotel and the city's first residential skyscraper, it is now comprised of private residences while continuing to offer 5-star hotel services including a Chef de Cuisine for room service or dining in the Ritz Tower's 5th floor dining room/party room, front desk with concierge services, bell captain, housekeeping, valet and laundry, 24-hour onsite maintenance staff, and a fully equipped Fitness Center. Located in the heart of Manhattan, it is both centrally located and residential in feeling.


The building permits 50% financing, utilities are included in the maintenance, pied-a-terre and foreign purchasers are welcome, pets are allowed, and LLC, Trust and Corporate purchasers are permitted subject to board approval. There is a 3% flip tax payable by the purchaser.

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About Ritz Tower, 465 Park Avenue

90

Ritz Tower, 465 Park Avenue has received a CityRealty Rating of 90, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

31
Out of 44
+
28
Out of 36
+
21
Out of 39
+
10
=
90
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Architectural Masterpiece 8 out of 8 points
Retail Quality:
High-End 5 out of 5 points
Canopy Entrance:
Dramatic 3 out of 3 points
Alterations:
Well Done 1 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
No, but Very Good 3 out of 3 points
Skyline:
Highly Visible 2 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Allowed and Present 0 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
None 0 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
Individual Designation 2 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Outstanding 5 out of 5 points
Distance To Neighborhood Center:
Less than 10 blocks 5 out of 5 points
Views:
Dazzling 4 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
A lot 0 out of 3 points
Protected Views:
Many 2 out of 2 points
Distance To Subway:
Less than 3 Short Blocks 2 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
More than 5 Short Blocks 0 out of 2 points
Distance To Park:
3-6 Short Blocks 1 out of 2 points
Distance To Water:
More than 6 Short Blocks 0 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Stunning 5 out of 5 points
Units Per Floor:
3-4 3 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
Some 1 out of 3 points
Health Club:
Yes 1 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Considerable 2 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
Yes 1 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
Some 1 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
Yes 1 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
No 0 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Many 2 out of 2 points

Building Amenities

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

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Other Apartments Available in this Building (9)

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