NOT LISTED FOR SALE

Estimated Value: $2,264,000 - $4,767,222

2 Beds
2.5 Baths
-- Sq Ft
$11,270/mo HOA Fee

Last Sold May 26, 2023

Last sale price $4,500,000

Est. 22% decrease in value since last sale

Current estimated payment $33,296/month

210 Days on Market

Highlights

  • Pre War Building
  • P.S. 59 Beekman Hill International Rated A
  • 3-minute walk to 59 Street (4,5,6 Line)

About This Home

As of May 2023

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.

Last Agent to Sell the Property

Shaun Anders

Serhant License #10301210861 Listed on: 09/15/2022

Serhant

Co-Listed By

Marie Espinal

Corcoran Group License #40ES1155627

Property Details

Home Type

  • Co-Op

Year Built

  • Built in 1926

HOA Fees

  • $11,270 Monthly HOA Fees

Home Design

  • Pre War Building
  • Entry on the 35th floor

Bedrooms and Bathrooms

  • 2 Bedrooms

Additional Features

  • Dishwasher
  • Washer Dryer Allowed

Community Details

  • 100 Units
  • Ritz Tower Condos
  • Middle East Side Subdivision
  • 42-Story Property

Listing and Financial Details

  • Tax Block 01312

Property Details

Home Type

Co-Op

Year Built

Built in 1926

Lot Details

0

HOA Fees

$11,270 per month

Listing Details

  • Cross Street: EAST 57 STREET and EAST 58 STREET
  • Exposures: East,North,South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Middle East Side
  • Architectural Style: Prewar
  • Entry Level: 35
  • Special Features: None
  • Property Sub Type: Coop
  • Stories: 42

Interior Features

  • Appliances: Dishwasher, Washer Dryer Allowed

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Integer: 3
  • Bedrooms: 2

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 11270.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Stock Cooperative

Building Info

  • New Construction: No
  • Building Name: RITZ TOWER
  • Units: 100
  • Total Stories: 42
  • Year Built: 1926

Tax Info

  • Tax Block: 01312

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/10/2023 06/10/23 Off Market $4,500,000 -- --
05/26/2023 05/26/23 Sold $4,500,000 -7.2% --
04/14/2023 04/14/23 Pending -- -- --
03/29/2023 03/29/23 For Sale $4,850,000 +7.8% --
03/13/2023 03/13/23 Off Market $4,500,000 -- --
01/03/2023 01/03/23 Price Changed $4,850,000 -0.9% --
09/15/2022 09/15/22 For Sale $4,895,000 +13.9% --
12/28/2017 12/28/17 Sold $4,297,500 -4.4% -- View Prior Sale
11/28/2017 11/28/17 Pending -- -- --
06/16/2017 06/16/17 For Sale $4,495,000 -- --
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10851323

Real Estate Board of New York (REBNY)