For Sale

Listed by Kyle Blackmon from Compass

Source: OneKey #H6250266

26C/465 Park Avenue, New York, NY, 10022

$800,000

1
1

Other

30+ days on the market

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About this property

Charming and Historic 1 Bedroom with Private Balcony at Ritz Tower Perched on the 26th floor of the legendary Ritz Tower, step into this sunny 1 bedroom with its own private balcony at Emery Roth and Thomas Hastings' iconic Ritz Tower. Upon entering Residence 26C, you are greeted by a foyer which leads to the kitchenette. The kitchenette features a GE refrigerator, freezer, dishwasher and microwave as well as a Summit stove and oven. To the right of the foyer is the living room with three east-facing windows, herringbone floors, and a dining alcove leading to a small private balcony, large enough to accommodate two chairs and a small side table. The balcony embodies the 1920s during which the tower was built, with regal balustrades and ornately carved pillars - the perfect perch from which to view Midtown Manhattan. The bedroom is located just off the living room, with open city views from two north facing windows and a large walk-in closet as well as an en-suite bathroom with marble counters and a large, north-facing window. There is also a generous-sized closet to the left of the bedroom entry. 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. 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." 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. 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.

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