Ritz Tower

465 Park Avenue, 18B

Midtown East   |   East 57th Street & East 58th Street

Co-op [Full Service]
$ 3,950,000
Rooms 7
Bedrooms 3
Bathrooms 4
Status Active
Maintenance [Monthly] $ 12,885
Financing Allowed 50%
Listing ID: 1961779

Jason Bauer

License

Manager, Lic. Associate RE Broker

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Property Description

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.
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.

Listing Courtesy of Douglas Elliman Real Estate

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Apartment Features

A/C
Washer / Dryer Hookups
465 Park Avenue Midtown East New York NY 10022

Building Details [465 Park Avenue]

Ownership Co-op
Service Level Full Service
Access Attended Elevator
Pet Policy Case By Case
Block/Lot 1312/70
Building Type High-Rise
Age Pre-War
Year Built 1926
Floors/Apts 41/113

Building Amenities

Fitness Facility
Hotel Style Service
Housekeeping
Laundry Rooms
Party Room
Private Storage

Building Statistics

$ 1,372 APPSF

Closed Sales Data [Last 12 Months]

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All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.