Ritz Tower, 465 Park Avenue, #25EW
133 days on Market
Key Details
-
Listed: May 19, 2023Last Price Change: -23.1% ($750,000) on Sep 6Days on Market: 133Building Type: CooperativeNeighborhood: Midtown East (Manhattan)Doorman: FT DoormanListing viewed 2,225 times
Monthly Maintenance:
$15,966
Total Taxes & Fees:
$15,966
Est. Monthly Mortgage:
$9,033
Mortgage calculator
Total Est. Monthly Carrying Cost:
$24,999
Note: the above is based on a down payment of 50% ($1,250,000),
which is the minimum amount permitted by the building.
Insider Highlights
- Spacious and Customizable: This full-floor residence at 465 Park Avenue offers over 3,300 interior square feet, with the potential for 3 generously proportioned bedrooms and up to 4.5 bathrooms. The apartment also features 2 private terraces and a private elevator landing.
- Full-Service Building: The Ritz Tower provides unrivaled five-star white-glove service, including a full-time doorman, concierge, valet service, a newly renovated fitness center, conference/party room, and a live-in superintendent. Owners can also enjoy lunch and dinner served in their private home prepared by the Ritz Tower’s exclusive Chef.
- Flexible Purchase Options: The building allows 50% financing, pied-a-terre, and foreign purchasers. Small pets are also allowed subject to board approval. However, there is a 3% flip tax paid by the purchaser.
- Prime Location: Situated in the Midtown East neighborhood, the Ritz Tower is in close proximity to Central Park, Madison Avenue boutique shops, Bloomingdales and many of New York City’s fine dining restaurants.
- Historic Building: Constructed in 1926, this elegant limestone-clad pre-war cooperative was designed by Emery Roth and Thomas Hastings. At the time, this 41-story tower was the first tallest residential building in the city.
- Building Amenities: The building offers a range of amenities including resident storage, central AC, washer/dryer in building, and an elevator. However, it does not have a roof deck, sidewalk landscaping, or a garage.
Description
Full Floor Park Avenue Expansive Blank Canvas Residence + 2 Private Terraces
Unique opportunity to create a custom-built home from a full-floor ready-to-renovate blank canvas space inside Emory Roth’s renowned Ritz Tower. This sun-drenched home features north, south, east, west exposures, 2 private terraces totaling approximately 688 square feet of exterior space, and a private elevator landing. The residence can be reimagined in a variety of layouts to suit one’s specifications and desires.
With over 3,300 interior square feet, the space allows for a configuration of 3 generously proportioned bedrooms and up to 4.5 bathrooms.
Perched on the 25th floor of the legendary Ritz Tower and situated on the northeast corner at 57th Street, this landmarked building offers unrivaled five-star white-glove service, daily maid service, a full time doorman, concierge, valet service, a newly renovated fitness center, conference/party room, and live-in superintendent. Owners are welcome to lunch and dinner served in their private home prepared by the Ritz Tower’s exclusive Chef, available 5 days a week.
50% financing, pied-a-terre, and foreign purchasers permitted.
Utilities are included in monthly maintenance. Small pets subject to board approval on a case by case basis. 3% flip tax paid by the purchaser.
The Ritz Tower is located in close proximity to Central Park, Madison Avenue boutique shops, Bloomingdales and many of New York City’s fine dining restaurants such as The Polo Bar, Avra Madison Estiatorio and Daniel.
Constructed in 1925, this elegant limestone-clad pre-war cooperative was designed by Emery Roth and Thomas Hastings. At the time, this 41-story tower was the first tallest residential building in the city.
New York City’s apartment building height regulations applied to apartments with individual kitchens, which the Ritz did not offer. This meant that the Tower could be built much higher than any of its contemporary residential buildings. The Ritz is considered to be a strong symbol of a transition in American architecture, with Hastings and Roth incorporating a strong classical style into a building of ground-breaking height and size.
According to Robert A. M. Stern, Gregory Gilmartin and Thomas Mellins, the Ritz Tower ’was intended from the beginning to be the apogee of urban living.’
Unique opportunity to create a custom-built home from a full-floor ready-to-renovate blank canvas space inside Emory Roth’s renowned Ritz Tower. This sun-drenched home features north, south, east, west exposures, 2 private terraces totaling approximately 688 square feet of exterior space, and a private elevator landing. The residence can be reimagined in a variety of layouts to suit one’s specifications and desires.
With over 3,300 interior square feet, the space allows for a configuration of 3 generously proportioned bedrooms and up to 4.5 bathrooms.
Perched on the 25th floor of the legendary Ritz Tower and situated on the northeast corner at 57th Street, this landmarked building offers unrivaled five-star white-glove service, daily maid service, a full time doorman, concierge, valet service, a newly renovated fitness center, conference/party room, and live-in superintendent. Owners are welcome to lunch and dinner served in their private home prepared by the Ritz Tower’s exclusive Chef, available 5 days a week.
50% financing, pied-a-terre, and foreign purchasers permitted.
Utilities are included in monthly maintenance. Small pets subject to board approval on a case by case basis. 3% flip tax paid by the purchaser.
The Ritz Tower is located in close proximity to Central Park, Madison Avenue boutique shops, Bloomingdales and many of New York City’s fine dining restaurants such as The Polo Bar, Avra Madison Estiatorio and Daniel.
Constructed in 1925, this elegant limestone-clad pre-war cooperative was designed by Emery Roth and Thomas Hastings. At the time, this 41-story tower was the first tallest residential building in the city.
New York City’s apartment building height regulations applied to apartments with individual kitchens, which the Ritz did not offer. This meant that the Tower could be built much higher than any of its contemporary residential buildings. The Ritz is considered to be a strong symbol of a transition in American architecture, with Hastings and Roth incorporating a strong classical style into a building of ground-breaking height and size.
According to Robert A. M. Stern, Gregory Gilmartin and Thomas Mellins, the Ritz Tower ’was intended from the beginning to be the apogee of urban living.’
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Listing Agent (Seller's Representative)
Listing courtesy of
Compass
Pricing History
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