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Ritz Tower, 465 Park Avenue, #18B

Listing no longer available on CityRealty as of Dec 31, 2023
It previously was on the market for a total of 247 days.
Last Sold on May 26, 2022 for $3,850,000
3 beds, 4 baths | Approx. 2,400 ft2
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  • Buyers
  • Jre Holdings, Llc
  • Sellers
  • Guy Wyser-pratte
  • Karin Wyser-pratte
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10 apartments are currently available in this building.
247 days on Market

Pricing History

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Key Details

  • Listed: Apr 28, 2023
    Last Price Change: -10.2% ($449,000) on Sep 2
    Days on Market: 247
    Building Type: Cooperative
    Neighborhood: Midtown East (Manhattan)
    Doorman: FT Doorman
    Listing viewed 301 times
Monthly Maintenance: $12,885 ($5.37/ft2)
Est. Monthly Mortgage: -
Total Est. Monthly Carrying Cost: $26,345 ($10.98/ft2)
Note: the above is based on a down payment of 50% ($1,975,000), which is the minimum amount permitted by the building.

Description


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.

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Apartment Amenities

  • City View

About Ritz Tower, 465 Park Avenue

90

Ritz Tower, 465 Park Avenue has received a CityRealty Rating of 90, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

31
Out of 44
+
28
Out of 36
+
21
Out of 39
+
10
=
90
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Architectural Masterpiece 8 out of 8 points
Retail Quality:
High-End 5 out of 5 points
Canopy Entrance:
Dramatic 3 out of 3 points
Alterations:
Well Done 1 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
No, but Very Good 3 out of 3 points
Skyline:
Highly Visible 2 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Allowed and Present 0 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
None 0 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
Individual Designation 2 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Outstanding 5 out of 5 points
Distance To Neighborhood Center:
Less than 10 blocks 5 out of 5 points
Views:
Dazzling 4 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
A lot 0 out of 3 points
Protected Views:
Many 2 out of 2 points
Distance To Subway:
Less than 3 Short Blocks 2 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
More than 5 Short Blocks 0 out of 2 points
Distance To Park:
3-6 Short Blocks 1 out of 2 points
Distance To Water:
More than 6 Short Blocks 0 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Stunning 5 out of 5 points
Units Per Floor:
3-4 3 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
Some 1 out of 3 points
Health Club:
Yes 1 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Considerable 2 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
Yes 1 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
Some 1 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
Yes 1 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
No 0 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Many 2 out of 2 points

Building Amenities

  • Attended Lobby
  • FT Doorman
  • Resident Storage
  • Central AC
  • Health Club
  • Washer/Dryer in building
  • Elevator
  • Party Room

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Other Apartments Available in this Building (8)

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