$5,500,000
Updated 7 years ago
Off Market

Ritz Tower

465 Park Ave, 25-EW

Midtown East, Manhattan | East 57th Street & East 58th Street

10 Rooms3 Beds4.5 Baths3,500 Square FeetCo-op

$5,500,000
Maintenance$14,484
Price Per SF
$1,571

Listing Features

  • Corner Apartment
  • Full Floor
  • High Ceilings
  • Potential Combo
  • Private Elevator
  • Solarium
  • Windowed Kitchen
  • Powder Room

Outdoor space and views

  • Terrace
  • Skyline Views
  • East Exposure
  • North Exposure
  • South Exposure
  • West Exposure

Building Amenities

  • Full Service
  • Attended Elevator
  • Fitness Facility
  • Hotel Service
  • Housekeeping
  • Laundry Room
  • Storage

Policies

  • Pets Allowed. Case by Case
  • Pieds A Terre Ok

Property Description for 465 Park Ave, 25-EW

Full Floor Park Avenue Raw Beauty + 2 Private Terraces
Rare opportunity to reconfigure a full floor residence from a raw, sprawling space inside Emory Roth's fabled Ritz Tower. This sun-drenched home features north, south, east, west exposures, 2 private terraces, and a private elevator landing. The apartment can be reimagined in a variety of layouts to suit one’s specifications and desires with every option to make this grand residence a custom dream home.
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 buyer.
The Ritz Tower is located in close proximity from Central Park and many of New York City's best museums, boutique shopping, galleries, schools, and fine dining.
Erected in 1926, this elegant limestone-clad prewar cooperative was designed by notable architect, Emery Roth. At the time, this 41-story landmark, 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."

Listing History for 465 Park Ave, 25-EW

Now
06/29/2019
POM by Kyle Blackmon
Compass
05/11/2019
$5,500,000
Initial Price by Kyle Blackmon
Compass

Building Details for 465 Park Ave

OwnershipCo-op
Building TypeHigh-Rise
Service LevelFull Service
AgePre-War
AccessAttended Elevator
Year Built1926
Financing Allowed50%
Floors/Apts41/108
Learn More About the Building

Transit and Citi Bike

Subway

59 St
0.14 miles
Lexington Av/59 St
0.17 miles
5 Av/59 St
0.27 miles
5 Av/53 St
0.28 miles
Lexington Av/53 St
0.29 miles

Citi Bike

E 56 St & Madison Ave
0.12 miles
E 58 St & Madison Ave
0.13 miles

Contact Agent

Contact Agent

Midtown East | Manhattan

Quick Profile

Midtown West and Midtown East have a lot in common. They’re bustling, iconic, and full of people. But just like siblings, their personalities can be vastly different. Midtown East is a bit more sophisticated and doesn’t quite have the vivacity and unruliness that its westerly counterpart exudes. 

Midtown East is bordered by 42nd to the south, 59th Street to the north, 5th Avenue to the west, and 3rd Avenue to the east. 

The neighborhood is famous for its high-end stores, tourist attractions, posh hotels (budget ones too), and iconic architecture. Midtown East is also one of the largest financial and business hubs in Manhattan. During normal business hours the sidewalks are full of commuters and people moving from point A to point B. In the early evening, when the masses have left for the day, things suddenly get a little quieter and the sidewalks have a lot less foot traffic.  

Although largely a commercial neighborhood, residential areas of Midtown East do exist on the eastern section of the neighborhood. 

Grand Central Station is located in Midtown East and like Midtown West, it’s an extremely commutable neighborhood. The 4, 5, 6, 7 and S trains whisk people in and out of the neighborhood 24 hours a day. Grand Central Station also serves as a hub for New York State and Connecticut commuter rails. These trains can take you anywhere along the Hudson River or up into Connecticut. It’s perfect for day tripping. 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 1304716