465 Park Avenue #25EW Active

Manhattan,NY 10022

$ 2500000

3 Beds

3 Baths

0 SqFt


Key Details

Property Type Condo

Sub Type coops

Listing Status Active

Purchase Type For Sale

Subdivision Midtown East

MLS Listing ID COMP-1593657421253522081

Bedrooms 3

Full Baths 2

Half Baths 1

HOA Fees $17,068/mo

HOA Y/N Yes

Year Built 1926

Property Description

LUXURY MEETS VALUE: AN EXCLUSIVE TURNKEY OPPORTUNITY AT THE RITZ TOWER

465 Park Avenue, 25EW - Demolished and Ready for Construction - As of June 7, 2024 - Pre-Construction Phase. Discover the pinnacle of luxury living with this unparalleled opportunity to customize this full-floor residence at the iconic Ritz Tower. This unique home comes with two private terraces and the potential to be transformed into a turnkey masterpiece, with an itemized breakdown of renovation costs available. Listed at $2.5M, we have a compelling turnkey renovation bid at an additional $2.53M, presenting a seamless transition to a bespoke living experience.

This sun-drenched residence boasts four exposures—north, south, east, and west—providing breathtaking views from every angle. Featuring two private terraces and a private elevator landing, this space invites you to design your dream home with the potential for 2-3 generously proportioned bedrooms and 2.5 bathrooms, tailored to your exact specifications.

Situated on the 25th floor of the legendary Ritz Tower, this landmarked building offers unparalleled five-star services, including maid service, full-time doorman, concierge, valet service, a renovated fitness center, conference/party room, and a live-in superintendent. Enjoy the luxury of private dining, with lunch and dinner prepared by the Ritz Tower’s exclusive chef, served in your home five days a week.

This cooperative permits 50% financing, pied-a-terre, and foreign purchasers. Utilities are included in the monthly maintenance fees, and small pets are considered with board approval. A 3% flip tax is paid by the purchaser.

Located near Central Park, Madison Avenue boutiques, Bloomingdale's, and New York City’s finest dining establishments such as The Polo Bar, Avra Madison Estiatorio, and Daniel, this residence offers the ultimate in urban sophistication.

Constructed in 1925, the elegant limestone-clad Ritz Tower was designed by Emery Roth and Thomas Hastings. At its inception, it was the tallest residential building in New York City, breaking new ground in architectural height and design. The Ritz Tower remains a testament to the transition in American architecture, blending classical style with unprecedented scale, and continues to be the epitome of urban living, as noted by architectural experts Robert A. M. Stern, Gregory Gilmartin, and Thomas Mellins.

Location

State NY

County Newyork

Building Detail https://search.reneeleenyc.com/nyc/buildings/ritz-tower

Interior

Furnishings Unfurnished

Fireplace No

Laundry Building Washer Dryer Install Allowed,Common Area

Exterior

Porch Terrace

Private Pool No

Building

Dwelling Type High Rise,Mixed Use

Story 41

New Construction No

Others

Pets Allowed Pets Allowed

Ownership Stock Cooperative

Monthly Total Fees $17,068

Special Listing Condition Standard

Pets Description Building Yes,Cats OK,Dogs OK

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