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Ritz Tower, 465 Park Avenue, #23EW

$4,500,000 | 4 beds, 3.5 baths
Building Profile  | 
71 days on Market

Key Details

  • Listed: Oct 1, 2024
    Days on Market: 71
    Building Type: Cooperative
    Neighborhood: Midtown East (Manhattan)
    Doorman: FT Doorman
    Listing viewed 237 times
Monthly Maintenance: $22,088
Est. Monthly Mortgage: $14,623
Total Est. Monthly Carrying Cost: $36,711
Note: the above is based on a down payment of 50% ($2,250,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Award-Winning Design: Masterfully reimagined by Joeb Moore & Partners, this residence boasts an AIA design award for its innovative renovation.
  • State-of-the-Art Technology: Equipped with a Crestron audio-video system, Lutron HomeWorks QS lighting, and a comprehensive IT network for seamless living.
  • Luxurious Primary Suite: Features south and west exposures, custom built-ins, and a lavish bathroom with soaking tub and separate shower.
  • Gourmet Kitchen: A chef's dream with top-of-the-line Miele appliances, a central island, and a windowed laundry room for added convenience.
  • Flexible Living Spaces: Custom millwork and sliding doors create dynamic spaces, allowing for privacy or open layouts as desired.
  • Exclusive Building Amenities: Enjoy white-glove services including full-time doorman, concierge, and private dining prepared by the Ritz Tower’s chef.

Description

This extraordinary full-floor home at 465 Park Avenue has been masterfully reimagined by the renowned Joeb Moore & Partners, whose innovative renovation of the apartment earned an AIA design award. Offering three to four bedrooms, three and a half bathrooms, and unparalleled craftsmanship, this residence is a true architectural masterpiece.

No expense was spared in the renovation of this exceptional home. Cutting-edge technology is seamlessly integrated, featuring a Crestron audio-video system with seven video zones (including three with custom concealed TV lifts), eight audio zones with full streaming capability, and a whole-home Lutron HomeWorks QS lighting system with bespoke fixtures.

The apartment is also equipped with a comprehensive IT network, an intercom system, and a six-zone air conditioning system for ultimate comfort. Custom millwork and sliding doors allow for a flexible, customizable layout, effortlessly closing off spaces to create privacy when desired.

The grand entrance gallery is lined with eight concealed closets, offering impressive storage, and setting the tone for the rest of the home. The 40-foot-long living and dining room, bathed in natural light from six oversized windows facing west and north, offers breathtaking city views.

A powder room and a storage closet with a built-in safe provide additional convenience.

The windowed, state-of-the-art kitchen is a chef’s dream, anchored by a central island with seating for four and outfitted with top-of-the-line appliances, including a Sub-Zero refrigerator with two freezer drawers and a suite of Miele appliances: an induction cooktop, oven, convection oven/microwave, and dishwasher. Adjacent is a windowed laundry room with a Miele washer/dryer, a sink, and ample storage. A versatile staff room with a Murphy bed is discreetly located behind sliding pocket doors, providing flexible living space.

The primary bedroom suite offers a serene retreat with south and west exposures and walls lined with concealed storage.

The suite boasts two enormous closets with custom built-ins, and the windowed primary bathroom is luxuriously appointed with two sinks, a soaking tub, and a separate shower. Just beyond the primary suite is a library with custom-built bookshelves, leading to a beautifully designed entertainment room. Both spaces could easily serve as additional bedrooms if needed.

A windowed hallway bathroom with a shower completes this wing of the home.

On the opposite side of the primary suite is a guest bedroom facing south, complete with its own en-suite bathroom. Throughout the home, custom-built closets line the hallways, ensuring abundant storage. This award-winning renovation creates dynamic, gallery-like spaces, perfect for art collectors and design aficionados alike.

Located in the landmarked Emery Roth-designed co-op, built in 1926, this prestigious prewar building offers a full suite of five-star services.

Residents enjoy white-glove amenities, including maid service, a full-time doorman, concierge, valet service, and a newly renovated fitness center. Additional amenities include a conference/party room and the luxury of private dining, with meals prepared by the Ritz Tower’s exclusive chef, served in your home five days a week for lunch or dinner.

Pied-à-terres and foreign buyers are welcome. Purchases in an LLC or Trust are allowed subject to board approval.

The building allows 50% financing and there is 3% flip tax paid by the purchaser.

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Apartment Amenities

  • City View
Listing courtesy of Corcoran Group

Pricing History

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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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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 0.29 miles
  1. F
at Lexington Ave and 63rd 0.29 miles

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