$3,950,000
Updated 3 years ago
Off Market

Ritz Tower

465 Park Ave, 18-B

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

7 Rooms3 Beds4 Baths2,400 Square FeetCo-op

$3,950,000
Maintenance$12,885
Price Per SF
$1,646

Listing Features

  • BuiltIns
  • Corner Apartment
  • Crown Moldings
  • Dressing Area
  • Galley Kitchen
  • High Ceilings [10']
  • Home Office
  • Moldings
  • Original Details
  • Paneled Doors
  • Walk-in Closet
  • Washer / Dryer
  • New Windows
  • Oversized Windows
  • Picture Windows
  • Adjoining Pantry
  • Dishwasher
  • Windowed Kitchen
  • En Suite Bathroom
  • Marble Bathroom

Outdoor space and views

  • City Views
  • 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, 18-B

5 STAR HOTEL SERVICES. HIGH FLOOR VIEWS FROM 14 LARGE, SUNNY SOUTH AND WEST WINDOWS.

18B is a spacious, grand renovated three-bedroom, four marble-bathroom corner residence in The Ritz Tower, an historic, stately 42-story former luxury hotel built in 1925 and converted to a co-op in 1956. Conveniently located on the North East corner of East 57th Street and Park Ave, the iconic Emery Roth-designed co-op is elegance and gracious living exemplified, offering residents a myriad of five-star hotel services and an unparalleled in-house staff.

An elegant approximately 2,400 SF full-time home or the perfect pied-a-terre. The 23-foot long, 8-foot wide gallery opens to a formal dining room, a light-filled corner living room and a wood-paneled library that easily converts to a third bedroom.

An interesting living room feature is the addition of false walls flanking the south facing window that reveal hidden shelving storage.

The windowed all-Miele kitchen with a new electric cook top has ample counter and storage space and a walk-in pantry for meal preparation or catering services. The guest bathroom completes the common-area wing of this exceptional residence.

The show stopping primary suite has some 500 SF of private space with dual marble baths, paneled dressing rooms and a king-sized bedroom with seating area, storage and a wall of built-in closets. The second bedroom has two large windows and custom storage and is opposite a large space that has been repurposed into a home office or study room with built-ins.

With nearly 10 -foot ceilings, oversized double-glazed windows framing classic city views, and brand-new hardwood flooring, these perfectly proportioned rooms are suited to large scale entertainment, yet equally intimate for smaller gatherings. Highlights include exquisite moldings, 14 new windows that capture incredible sunlight via the South and West exposures, a laundry room with a washer dryer hook up, walk-in-closets and dressing rooms, along with multi-zone HVAC, Lutron ambient lighting and electronic shades.

The Ritz Towers resident services include lunch and dinner room service by an in-house chef, housekeeping, valet, laundry and 24-hour onsite maintenance services, as well as a party/meeting room, a new fitness center, U.S and International fax, safety deposit boxes, and a notary public available several days a week. The building Managing Director and staff are on site, as well. The building allows pets and pieds-a-terre, and, rare for a co-op, purchase by foreigners, LLCs, Trusts and Corporate, with board approval. The maintenance includes electricity and water. 50% financing; a 3% flip tax.

Listing History for 465 Park Ave, 18-B

Now
12/31/2023
TOM by Karan Chopra
Douglas Elliman
09/02/2023
$3,950,000 [-$449,000] [10.2%]
Price Drop by Karan Chopra
Douglas Elliman

Building Details for 465 Park Ave

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

Contact Agents

Contact Agents

Licensed As
Licensed Real Estate Salesperson
Salesperson
License#:
10401239504
Company:
Douglas Elliman
Karan Chopra
Douglas Elliman
Lucille Corrier
Douglas Elliman

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: 1961779