Note: the above is based on a down payment of 50% ($325,000),
which is the minimum amount permitted by the building.
Description
Elegant and architecturally stunning 1-bed 1-bath apartment at the renowned Ritz Tower by Emery Roth. Located on the 20th floor, the apartment is part of the original home of William Randolph Hearst. Enter through a gracious foyer, rare for a 1-bedroom, with charming crown molding details.
Here you are met with high ceilings and light streaming in from the Northern windows at the end of the hall. Off the foyer, the hallway with original arches leads you to a separate dining alcove and an adjacent kitchen area.
As you continue your way through the home, you will reach the vast 20 x 16 corner living room, which gets spectacular light and views from large Northern and Eastern windows. There is plenty of room here for living, entertaining, and formal dining.
The living room also showcases two gorgeous wooden built-in bookcases perfect for displaying art and additional storage.
Adjacent to the living room is the well proportioned bedroom. The bedroom has a dedicated closet and two large Northern windows that provide open city views. The bedroom also is conveniently located next to the full bathroom.
Other incredible features of this home include beautiful original hardwood floors, two additional closets, and that there are only three apartments per floor.
Since the building’s resurrection in 1925, The Ritz Tower has maintained is prestige as one of Manhattan’s most sought-after hotel service pre-war cooperatives. At the time of its construction, designers Emery Roth and Thomas Hastings created the tallest residential building in NYC, rising 41 stories high. To this day, the dedicated full-time staff continue to offer unparalleled white glove service including, a full-time doorman and concierge, valet, daily maid service, live-in superintendent, and room service available Monday through Friday prepared by the building’s private chef.
In addition, residents enjoy access to the newly renovated fitness center and conference/party room. Located at 57th and Park Avenue, the Ritz Tower in ideally situated next to Central Park, Madison Avenue, major subway lines, and some of the best restaurants and shopping NYC offers. The building allows 50% financing, and small pets, pieds-a-terres, LLC’s, Trusts, corporate names and foreign purchasers subject to board approval.
3% flip tax payable by the buyer.
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