465 Park Avenue, Unit 25EW

Midtown East, Manhattan, NY 10022

$3,250,000
Price
3
Beds
4
Baths
1
1/2 Bath
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Full Floor Park Avenue Expansive Blank Canvas Residence + 2 Private Terraces
Unique opportunity to create a custom-built home from a full-floor ready-to-renovate blank canvas space inside Emory Roth’s renowned Ritz Tower. This sun-drenched home features north, south, east, west exposures, 2 private terraces totaling approximately 688 square feet of exterior space, and a private elevator landing. The residence can be reimagined in a variety of layouts to suit one’s specifications and desires. The space
...Full Floor Park Avenue Expansive Blank Canvas Residence + 2 Private Terraces

Unique opportunity to create a custom-built home from a full-floor ready-to-renovate blank canvas space inside Emory Roth’s renowned Ritz Tower. This sun-drenched home features north, south, east, west exposures, 2 private terraces totaling approximately 688 square feet of exterior space, and a private elevator landing. The residence can be reimagined in a variety of layouts to suit one’s specifications and desires. The space allows for a configuration of 3 generously proportioned bedrooms and up to 4.5 bathrooms.

Perched on the 25th floor of the legendary Ritz Tower and situated on the northeast corner at 57th Street, this landmarked building offers unrivaled five-star white-glove service, daily maid service, a full time doorman, concierge, valet service, a newly renovated fitness center, conference/party room, and live-in superintendent. Owners are welcome to lunch and dinner served in their private home prepared by the Ritz Tower’s exclusive Chef, available 5 days a week.

50% financing, pied-a-terre, and foreign purchasers permitted. Utilities are included in monthly maintenance. Small pets subject to board approval on a case by case basis. 3% flip tax paid by the purchaser.

The Ritz Tower is located in close proximity to Central Park, Madison Avenue boutique shops, Bloomingdales and many of New York City’s fine dining restaurants such as The Polo Bar, Avra Madison Estiatorio and Daniel .

Constructed in 1925, this elegant limestone-clad pre-war cooperative was designed by Emery Roth and Thomas Hastings. At the time, this 41-story tower was the first tallest residential building in the city. New York City’s apartment building height regulations applied to apartments with individual kitchens, which the Ritz did not offer. This meant that the Tower could be built much higher than any of its contemporary residential buildings. The Ritz is considered to be a strong symbol of a transition in American architecture, with Hastings and Roth incorporating a strong classical style into a building of ground-breaking height and size. According to Robert A. M. Stern, Gregory Gilmartin and Thomas Mellins, the Ritz Tower “was intended from the beginning to be the apogee of urban living.”

Listing Agent

Amenities

  • Full-Time Doorman
  • Concierge
  • Private Terrace
  • Gym
  • Common Media / Recreation Room
  • Elevator
  • Laundry in Building
  • Northern Exposure

Location

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LISTING UPDATED: 11/16/2022 12:19 PM

Property Details for 465 Park Avenue, Unit 25EW

StatusActive
Days on Market237
Taxes-
Maintenance$15,353 / month
Min. Down Pymt50%
Total Rooms10.0
Compass TypeCo-op
MLS Type-
Year Built1926
CountyNew York County

Building

465 Park Ave

121 Units41 StoriesBuilt in 1926

Location

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Building Information for 465 Park Avenue, Unit 25EW

Building/Complex465 Park AveFloor25Stories41Residences121Pet PolicyAllowedYear Built1926Building AgePre-warBuilding TypeHighrise

Payment Calculator

$26,252 per month

30 year fixed, 7.08% Interest

Principal and Interest

$10,899

Property Taxes

$0

Maintenance/Common Charges

$15,353

The Payment Calculator is for illustrative purposes only.

Property History for 465 Park Avenue, Unit 25EW

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 465 Park Avenue, Unit 25EW

This home is within New York City Geographic District # 2.
RatingSchoolTypeGradesDistance
Public - PK to 5
Public - 6 to 8
Public - 6 to 8
Public - 6 to 8
RatingSchoolDistance
P.S. 59 Beekman Hill International
PublicPK to 5

Nyc Lab Ms For Collaborative Studies
Public6 to 8

Lower Manhattan Community Middle School
Public6 to 8

Jhs 104 Simon Baruch
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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465 Park Avenue, Unit 25EW is a co-op for sale in Midtown East, Manhattan, NY 10022. This property was listed for sale on April 6, 2022 by Compass at $3,250,000. This listing's school district is New York City Geographic District # 2. Nearby schools include P.S. 59 Beekman Hill International, Nyc Lab Ms For Collaborative Studies and Lower Manhattan Community Middle School. 465 Park Avenue, Unit 25EW is a 3-bed, 4.5-bath, co-op built in 1926.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2022 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2022, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY