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Ritz Tower
Midtown East, Manhattan | East 57th Street & East 58th Street
5 Rooms2 Beds2.5 BathsCo-op

$4,895,000
Maintenance$10,837

Listing Features

  • BuiltIns
  • Custom Closets
  • Entry Foyer
  • Exposed Brick
  • Full Floor
  • High Ceilings [11']
  • Private Elevator
  • Recessed Lighting
  • Split Bedrooms
  • Walk-in Closet
  • Washer / Dryer
  • Casement Windows
  • Oversized Windows
  • Dishwasher
  • Gourmet Kitchen
  • Microwave
  • Open Kitchen
  • S Steel Appliances
  • Service Entrance
  • Walk Thru Kitchen
  • Wine Cooler
  • Double Vanity
  • En Suite Bathroom
  • Heated Floors
  • Powder Room
  • Soaking Tub
  • Stall Shower

Outdoor space and views

  • Terrace
  • Central Park
  • City Views
  • 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

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 the custom-designed private landing into 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. The fully-equipped, ultra-modern kitchen has marble countertops, stainless steel backsplash, in vogue lime lacquered cabinets, and top-of-the-line Bosch appliances, including an induction glass ceramic cook top.

The generous primary 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 the king-sized primary suite are custom closets with Hermes-inspired interiors, planting terrace and a sitting area with skyline views over Park Avenue to the 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 and standup shower with a linear drain. A Parisian-inspired 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 features world-class hotel style services, chef on the premises offering lunch and dinner for residents in their home, housekeeping services, newly renovated 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 are 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.

Furnitures are also available for sale separately.

Listing History

Now
09/15/2022
$4,895,000
Initial Price by Shaun Anders
Douglas Elliman
2022

Building Details

OwnershipCo-op
Building TypeHigh-Rise
Service LevelFull Service
AgePre-War
AccessAttended Elevator
Year Built1926
Financing Allowed50%
Floors/Apts41/113
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

Building Availability

APPSF
Median
Average
$679
$1,250,000
$1,914,999
Last 12 months
$1,224
-
-
-
$32,500
$32,500

Two Beds in Midtown East

APPSF
Median
Average
$2,432
$3,561,250
$3,789,231
$1,730
$2,000,000
$1,765,000

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: 1674755