404/465 Park Ave

New York NY 10022

2947 sq. ft.

Other

Last sold for $4,495,000

Alexander Boriskin, last sold this property on 19 June 2017 after 736498 days on market.

Overview

The offering of #404 at the iconic Ritz Tower offers the ability to own an unparalleled and peerless terraced home in one of Park Avenue's most prestigious buildings. This triple-mint, split 2 bedroom, 2 bathroom home's crown jewel is its outdoor space, which extends 62-feet along Park Avenue at 57th Street. #404 is an ideal home for entertaining and is perfect for either a full-time resident or pied-a-terre. The entry foyer opens into an exceptionally bright and spacious living room/dining room, with an adjacent library/den that could also serve as a third bedroom. The living room doors open up to the enormous terrace with open city and Park Avenue views. The master bedroom suite has direct access to the terrace, a dressing room and a beautifully appointed calacatta marble master bath with double sinks, radiant heated floors, deep soaking tub and separate stall shower. The second bedroom has an adjacent marble bath with a luxurious stall shower. The stunning chef's kitchen with marble counter tops and top-of-the-line appliances (Miele, Sub-Zero, and Wolf) has discreet pocket doors so it can be closed off or open to the dining room. The residence has been renovated for modern living while leaving the special prewar details including trim, moldings, and herringbone floors intact. Designed in 1926 by Emery Roth, The Ritz Tower is one of the world's best addresses. White-glove hotel style amenities include full concierge services, 24 hour doorman, gourmet chef de cuisine on premises offering lunch and dinner five days per week, housekeeping, 24 hour maintenance staff, party room and fitness center. Pied-a-terres and foreign buyers welcome. Coop allows 50% financing, utilities are included in maintenance, and there is a 3% flip tax payable by buyer. Pets allowed with board approval. NOTE: This home can be combined with neighboring Unit 401 (see listing #401/#404) to create a true 3 bedroom masterpiece. This combination will allow the new owner to have the entire Park Avenue side of the building and the entire terrace, a truly unique setting.

Features

2 bedrooms

2 bathrooms

2947 sq. ft. floor area

Other

Estimated Value

Based on this property and similar 2 bedroom other properties sold in New York over the last 12 months, the estimated median property value of 404/465 Park Ave is $985k.

Median value

$985k

Estimated value range

$650k - $1.23m

Median days on market

188

Estimated value trend

-16%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in New York. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 404/465 Park Ave

2017

Sold

$4,495,000

19 Jun 2017 by Alexander Boriskin

Happy sellers in New York

We have insufficient information to provide an overview of customer satisfaction for New York. Viewing the agent profiles, reviews and sales for New York can provide insights for this location.