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Ritz Tower, 465 Park Avenue, #18E

$2,250,000 | 2 beds, 2 baths
Building Profile  | 
118 days on Market

Key Details

  • Listed: Aug 26, 2024
    Days on Market: 118
    Building Type: Cooperative
    Neighborhood: Midtown East (Manhattan)
    Doorman: FT Doorman
    Listing viewed 359 times
Monthly Maintenance: $6,285
Est. Monthly Mortgage: $7,470
Total Est. Monthly Carrying Cost: $13,755
Note: the above is based on a down payment of 50% ($1,125,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Prime Location: This luxurious two-bedroom residence is located in the heart of Manhattan, in the desirable Midtown East neighborhood. It's part of the iconic Ritz Tower, a historically significant building designed by Emery Roth, and is close to Central Park, high-end shopping, fine dining, and public transportation.
  • Modern Elegance and Amenities: The residence boasts modern elegance and timeless charm, featuring a state-of-the-art Sonos sound system in the expansive living space, a custom fireplace in the den, and a gourmet kitchen equipped with top-of-the-line appliances. The building offers a full range of resident services, including in-house chef room service, housekeeping, valet, laundry, and 24-hour onsite maintenance.
  • Comfort and Convenience: For added comfort, the residence has central air conditioning and heated floors in the bathrooms. It also features integrated custom closets and a dedicated laundry room with a Miele Washer/Dryer for organization.
  • Flexible Purchase Options: The building permits purchases by foreigners, LLCs, Trusts, and Corporations with board approval. It allows for 50% financing, and both pets and pied-a-terre are allowed.
  • Inclusive Maintenance: The maintenance of the residence includes electricity and water, ensuring a hassle-free living experience.
  • Additional Amenities: The building offers additional amenities such as a party/meeting room, a new fitness center, safety deposit boxes, and a notary public. Services like room service, housekeeping valet and laundry, check cashing, newspaper delivery, and notary public service on weekdays are also available.

Description

Experience luxurious living at The Ritz Tower, a meticulously renovated two-bedroom residence in the heart of Manhattan. This home seamlessly combines modern elegance with unmatched comfort, showcasing a fusion of contemporary design and timeless charm. Every detail has been carefully curated to offer an exceptional living experience. Step inside and be captivated by the expansive living space, adorned with a state-of-the-art Sonos sound system for the perfect blend of relaxation and entertainment.

The den features a mesmerizing custom fireplace, serving as a focal point and cozy retreat. The gourmet kitchen is equipped with top-of-the-line appliances, including a Wolf Oven, Induction cooktop, Bosch Dishwasher, and Sub Zero Refrigerator. Rarely found central air conditioning ensures comfort throughout the seasons, while heated floors in the luxurious bathrooms provide added indulgence.

Integrated custom closets and a dedicated laundry room with a Miele Washer/Dryer keep the apartment organized and clutter-free. The Ritz Tower is more than just a home; it is a testament to the art of living well. Enjoy a range of resident services, including acclaimed in-house chef room service for lunch and dinner, housekeeping, valet, laundry, and 24-hour onsite maintenance.

Additional amenities include a party/meeting room, a new fitness center, safety deposit boxes, and a notary public. Pets and pied-a-terre are allowed, and the building permits purchases by foreigners, LLCs, Trusts, and Corporations with board approval. The maintenance includes electricity and water, and the building allows for 50% financing.

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Apartment Amenities

  • Eastern Exposures
Listing courtesy of Elegran LLC

Pricing History

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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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Pros
  • Architectural masterpiece by Emery Roth
  • Historically very important
  • Formerly housed Le Pavilion Restaurant
  • Full hotel services
  • Maid and valet service available
  • Close to Subway
Cons
  • No roof deck
  • Many apartments
  • No sidewalk landscaping
  • No garage
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Subways

  1. N
  2. Q
  3. R
  4. 4
  5. 5
  6. 6
at Lexington Ave and 60th 0.13 miles
  1. M
  2. E
at 5th Ave and 53rd 0.29 miles
  1. F
at Lexington Ave and 63rd 0.29 miles

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