$3,575,000
SOLD JUN 16, 2017
2 Beds
2 Baths
-- Sq Ft
$8,085/mo HOA Fee

Recently Sold

20% Below List Price

33 Days on Market

Highlights

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

About This Home

As of June 2017

The offering of #404 at the iconic Ritz Tower offers the ability to own an unparalleled and peerless terraced home in one of Park Avenue's most prestigious buildings. This triple-mint, split 2 bedroom, 2 bathroom home's crown jewel is its outdoor space, which extends 62-feet along Park Avenue at 57th Street.

#404 is an ideal home for entertaining and is perfect for either a full-time resident or pied-a-terre. The entry foyer opens into an exceptionally bright and spacious living room/dining room, with an adjacent library/den that could also serve as a third bedroom. The living room doors open up to the enormous terrace with open city and Park Avenue views. The master bedroom suite has direct access to the terrace, a dressing room and a beautifully appointed calacatta marble master bath with double sinks, radiant heated floors, deep soaking tub and separate stall shower.

The second bedroom has an adjacent marble bath with a luxurious stall shower. The stunning chef's kitchen with marble counter tops and top-of-the-line appliances (Miele, Sub-Zero, and Wolf) has discreet pocket doors so it can be closed off or open to the dining room. The residence has been renovated for modern living while leaving the special prewar details including trim, moldings, and herringbone floors intact. Designed in 1926 by Emery Roth, The Ritz Tower is one of the world's best addresses. White-glove hotel style amenities include full concierge services, 24 hour doorman, gourmet chef de cuisine on premises offering lunch and dinner five days per week, housekeeping, 24 hour maintenance staff, party room and fitness center. Pied-a-terres and foreign buyers welcome. Coop allows 50% financing, utilities are included in maintenance, and there is a 3% flip tax payable by buyer. Pets allowed with board approval.

NOTE: This home can be combined with neighboring Unit 401 (see listing #401/#404) to create a true 3 bedroom masterpiece. This combination will allow the new owner to have the entire Park Avenue side of the building and the entire terrace, a truly unique setting.

Last Agent to Sell the Property

Ian Slater

Compass License #10301215519 Listed on: 04/19/2017

Compass

Co-Listed By

Michael Lorber

Douglas Elliman Real Estate License #10301203937

Property Details

Home Type

  • Co-Op

Year Built

  • Built in 1926

HOA Fees

  • $8,085 Monthly HOA Fees

Home Design

  • Pre War Building

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Terrace
  • No Cooling

Listing and Financial Details

  • Tax Block 1312

Community Details

Overview

  • Midtown Subdivision
  • 42-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Co-Op

Year Built

Built in 1926

Lot Details

0

HOA Fees

$8,085 per month

Listing Details

  • Cross Street: NEC East 57th Street
  • Exposures: East,North,South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: MIDTOWN
  • Architectural Style: Prewar
  • Entry Level: 4
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Coop
  • Stories: 42

Interior Features

  • Appliances: Dryer, Washer
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 2

Exterior Features

  • View: City
  • View: Yes
  • Patio/Porch Features: Terrace

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 8085.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Stock Cooperative
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Total Stories: 42
  • Year Built: 1926

Tax Info

  • Tax Block: 1312

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Range of Values:

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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 Change Sq Ft Price
08/25/2023 08/25/23 Rented $17,500 0.0% --
06/16/2023 06/16/23 For Rent $17,500 0.0% --
06/16/2017 06/16/17 Sold $3,575,000 -20.5% --
05/17/2017 05/17/17 Pending -- -- --
04/20/2017 04/20/17 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: RLS10097833

Real Estate Board of New York (REBNY)