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Ritz Tower, 465 Park Avenue, #34E

$595,000 | 2 beds, 2 baths
Building Profile  | 
10 days on Market

Key Details

  • Listed: Dec 23, 2024
    Days on Market: 10
    Building Type: Cooperative
    Neighborhood: Midtown East (Manhattan)
    Doorman: FT Doorman
    Listing viewed 194 times
Monthly Maintenance: $10,542
Est. Monthly Mortgage: $1,985
Total Est. Monthly Carrying Cost: $12,527
Note: the above is based on a down payment of 50% ($297,500), which is the minimum amount permitted by the building.

Description

Elegant High-Floor Residence with Split-Bedroom Layout & Sweeping City Views at the Ritz Tower Located on the 34th floor of the renowned Ritz Tower, this Park Avenue residence offers a desirable split-bedroom layout and expansive city views. Whether appreciated in its current design or reimagined to suit a new owner’s vision, this home presents an exceptional opportunity for elevated living in one of Manhattan’s most prestigious cooperatives. The semi-private landing leads into a spacious living room, where four east-facing windows invite abundant natural light. Herringbone hardwood floors and generous proportions create a welcoming atmosphere for relaxing or entertaining.

French doors open to the south-facing primary bedroom, which features a decorative fireplace, a walk-in closet, and an en-suite bathroom with marble floors, gold-plated fixtures, and a Jacuzzi soaking tub. The library or second bedroom exudes charm and versatility, featuring classic paneling, built-in bookcases, a decorative fireplace, and north-facing windows that offer serene partial views of Central Park and the city. An en-suite bathroom with marble finishes and gold fixtures completes the space. The enclosed kitchen is equipped with a Gaggenau electric stove, Sub-Zero refrigerator, Miele dishwasher, and GE convection/microwave oven. Kohler fixtures, marble countertops, and under-cabinet lighting provide both utility and refinement. Ritz Tower Amenities Residents of the Ritz Tower enjoy unparalleled services, including a private chef, 24-hour concierge, doorman, housekeeping, valet, and porters.

Additional amenities include a fitness center and the convenience of utilities—electricity and water—being included in the monthly maintenance fees. The cooperative permits pied-a-terre ownership, foreign buyers, and purchases under trusts, LLCs, or corporate entities (subject to board approval). Small pets are considered with board approval.

Financing up to 50% is allowed, and a 3% flip tax is paid by the purchaser. A Legacy of Architectural Brilliance Built in 1925, the Ritz Tower was designed by Emery Roth in collaboration with Thomas Hastings. Upon completion, it became the tallest residential building in New York City, a groundbreaking achievement in scale and design. The limestone-clad building seamlessly blends classical elegance with architectural innovation, earning praise from historians such as Robert A.M. Stern.

Today, it remains a timeless symbol of luxury living. Located near Central Park, Madison Avenue boutiques, Bloomingdale’s, and acclaimed dining destinations like The Polo Bar and Daniel, the Ritz Tower offers an unparalleled lifestyle in the heart of Manhattan.

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Listing courtesy of Compass

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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