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$490,150
List Price: $495,000
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465 Park Avenue #26C
Coop in Midtown •  building info
1bd • 1ba
Buy with Yoreevo

$490,150

List Price

$495,000

photo of agent
James McGrath
(212) 365-0151 • 
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Key Details
Days on market
10
Last price change
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Estimated payment
$7,186
Monthly taxes
N/A
Monthly maintenance
$5,622
Description
Charming and Historic 1 Bedroom with Private Terrace at Ritz Tower Perched on the 26th floor of the legendary Ritz Tower, discover this luminous 1-bedroom residence with its very own secluded terrace. As you enter Residence 26C, a welcoming foyer leads you to a well-appointed kitchenette with a GE refrigerator, dishwasher, microwave, and a Summit stove and oven. Adjacent to the foyer, the living room offers an elegant space with herringbone floors, three expansive east-facing windows, and a cozy dining alcove that opens onto a charming terrace. This terrace is adorned with stately balustrades and intricately carved pillars, reflecting the architectural splendor of the 1920s, and provides a spectacular vantage point over Midtown Manhattan. The bedroom, seamlessly connected to the living area, boasts expansive views from two north-facing windows, a spacious walk-in closet, and an en-suite bathroom featuring marble countertops and additional north-facing views. An additional large closet is conveniently located near the bedroom entrance. This residence supports 50% financing and is open to pied--terre and foreign buyers. Utilities are included in the monthly maintenance fees. Small pets may be considered subject to board approval. A 3% flip tax is applicable, paid by the purchaser. Constructed in 1925, this prestigious limestone-clad pre-war cooperative was crafted by the esteemed Emery Roth and Thomas Hastings. At the time of its completion, the 41-story Ritz Tower was the tallest residential building in New York City, uniquely exempt from height restrictions due to its innovative design without individual kitchens. The Ritz is celebrated as a monumental achievement in American architecture, with Roth and Hastings infusing classical elegance into a structure of unprecedented scale and grandeur. Described by historians like Robert A. M. Stern, Gregory Gilmartin, and Thomas Mellins as the pinnacle of urban living, the Ritz Tower stands at the northeast corner of 57th Street, offering unparalleled five-star services. These include daily maid service, a full-time doorman, concierge, valet service, a newly renovated fitness center, a conference/party room, and an on-site resident manager. Shareholders can indulge in exclusive dining experiences, with meals prepared by the Ritz Towers resident Chef and served in their apartments, available five days a week. Located mere steps from Central Park, high-end Madison Avenue boutiques, Bloomingdales, and top New York dining destinations like The Polo Bar, Avra Madison Estiatorio, and Daniel, the Ritz Tower epitomizes luxury Manhattan living.

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Important Stuff
Elevator
Full Time Doorman
Cats and Dogs allowed
Listing Amenities
Hardwood floors
City View
Dishwasher
Building Amenities
Concierge
Gym
Live In Super
Fios Available
Laundry in Building
Community Recreation Facility
Outdoor Space
Balcony
Terrace
Coop Rules
Pied-a-Terre Allowed
History
What it'll cost
Purchase price
$495,000
Asking Price: $495,000
Term
30 Years
Down Payment
$247,000 (50%)
Min: 50% (247,000)
Rate
6.5 %
Mortgage Amount
$247,500
Mortgage Payment
$1,564
Maintenance
$5,622
Estimated Yoreevo rebate
$4,850
Estimated closing cost
$7,000
Total monthly cost $7,186
Buy your dream home with us and get an estimated
$4,850 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Compass

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