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

Ritz Tower, 465 Park Avenue, #35

$4,750,000 -4.7% | 2 beds, 3 baths

Key Details

  • Listed Aug 18, 2020
    Last Price Change -4.7% ($235,000) on Sep 27
    Building Type Cooperative
    Neighborhood Midtown East
  • Monthly Maintenance $10,224
    Minimum Down Payment 50%
    Doorman FT Doorman

Description

IN-PERSON SHOWINGS NOW AVAILABLE!

NEW TO THE MARKET! **This RARE offering comes as only the second time since 1926.**

Located on Park Avenue at the corner of 57th Street, this true crown jewel resides in one of New York City's most exclusive buildings, The Ritz Tower.

Enter off your custom-designed private landing in to an elegantly designed and sunny Great Room, boasting an expanse of 47 feet (14.3m).

The opulent space features three open exposures (north, east and south) restored black casement glass doors and windows, 10'6? ceilings (3.2m), with cerused white oak flooring in a herringbone pattern, custom built in shelving and storage alongside a EuroCave premium wine cooler. Open yet perfectly situated, the dining, entertaining and living areas are delineated exquisitely by way of luxury designer decor.


Your fully equipped, ultra-modern kitchen has marble countertops, stainless steel back-splash, chic lime lacquered cabinets, top of the line appliances from Bosch, including an induction glass ceramic cook top.

The generous master suite is situated just off the north gallery, and includes a spa-like bathroom with soaking tub, walk-in shower, double vanity with brass fixtures, radiant heated marble floors and separate water closet. Completing your king-sized master suite are custom closets with Hermes-inspired interiors, planting terrace and a sitting area with skyline views north and west, with Central Park in the distance.

The south gallery leads to the 2nd bedroom or Den inclusive of a generous en-suite bathroom featuring radiant floors, standup shower with a linear drain. A Parisian-themed powder room, washer/dryer, central air conditioning, multiple planting terraces, and automatic lights provide comfortable living throughout and make this a true dream home!

465 Park Avenue, The Ritz Tower is an iconic Emery Roth residential co-op circa 1926, which offer world-class hotel style services, chef on the premises offering lunch and dinner for residents in their home, housekeeping services, state-of-the-art fitness center, meeting/party room and individual storage.

Pied-a-terres, Foreign purchasers, LLC 's, Trusts, and Corporate name purchases are allowed but subject to board approval. Monthly maintenance includes utilities and real estate taxes. Pets are welcome, and there is a 3% flip tax paid by the buyer.


**PLEASE SEE VIRTUAL TOUR**

**Furnitures are also available for sale separately**

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Apartment Amenities

  • Washer/Dryer in apt.

Pricing History

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Estimated Monthly Cost

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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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
About this Building

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Listing provided courtesy of Douglas Elliman - Manhattan
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