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

Ritz Tower, 465 Park Avenue, #18D

Listing no longer available on CityRealty as of Aug 10, 2021
It previously was on the market for a total of 936 days.
Last Sold on Aug 9, 2021 for $950,000
2 beds, 2 baths | Approx. 1,400 ft2
  • Buyers
  • Rrt, Llc
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6 apartments are currently available in this building.
936 days on Market

Pricing History

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Key Details

  • Listed: Oct 18, 2018
    Last Price Change: -17% ($204,000) on May 12
    Days on Market: 936
    Building Type: Cooperative
    Neighborhood: Midtown East (Manhattan)
    Doorman: FT Doorman
    Listing viewed 1,641 times
Monthly Maintenance: $5,981 ($4.27/ft2)
Total Taxes & Fees: $5,981 ($4.27/ft2)
Est. Monthly Mortgage: -
Total Est. Monthly Carrying Cost: $8,734 ($6.24/ft2)
Note: the above is based on a down payment of 50% ($497,500), which is the minimum amount permitted by the building.

Description

Residence 18D is grand 2 bedroom, 2 bathroom Park Avenue apartment located at The Ritz Tower, the apogee of urban living. The unit boasts stunning city views, gorgeous light from open southern and eastern exposures, oak herringbone floors, custom millwork, new sound-proof picture windows, in-unit washer/dryer and abundant closets. The exclusive Ritz Tower is a five-star, white glove ultra-luxury cooperative offering unrivaled hotel services and amenities. Residents have access to room service (lunch and dinner prepared by the Ritz Towers’ private chef), housekeeping, valet, laundry service, fitness center and private storage.

The resident manager, concierge, 24 hour doorman and full complement of porters, handymen and service staff are available to care for your every need. The building allows pied-a-terre, corporate ownership, international buyers, and 50% financing. Maintenance includes utilities and taxes. Designed by the famed architect Emery Roth in 1926 as an apartment hotel, The Ritz Tower changed the direction of residential architecture forever.

Its appearance was a symbolic event expressing people’s imagination in the roaring ’20s. Commissioned by Arthur Brisbane, the popular Hearst editor and real estate developer, it was designated an official city landmark in October 29, 2002.

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Apartment Amenities

  • Washer/Dryer in apt.

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
  • Co-op
  • Built in 1926
  • 142 Apartments
  • 42 Floors

Building Amenities

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

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