Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $3,575,000

Listed at $4,495,000 · Sold 20.5% below asking · Closed June 16, 2017

465 Park Avenue #404
Closed For Sale Co-op

$4,495,000

465 Park Avenue #404

MIDTOWN, Manhattan

MLS® #RLS10097833

RLS at REBNY

Listing by Elliman

2

Bedrooms

2

Baths

N/A

Sq. Ft.

1926

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Year Built 1926
Ownership Co-op
Maintenance $8,085/mo
Neighborhood MIDTOWN
Floor 4 of 42

Property Highlights

  • Views: City
  • Exposure: East,North,South,West facing
  • Outdoor Space: Terrace

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 4
Baths 2 Full
Floor 4 of 42
View City
Exposure East,North,South,West
Pets Yes
Cross Street NEC East 57th Street
Year Built 1926
Architectural Style Prewar
Parcel # 1312-1302-00465-000-0000404

Listing History

Event Date Price Change
Listed Apr 20, 2017 $4,495,000 -
Currently May 15, 2026 $4,495,000 -

Description

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 & Amenities

Interior Features

Building Washer Dryer Install Allowed Common Area

Exterior Features

Terrace

Appliances

Dryer Washer

Building Information

Financial Details

Maintenance $8,085/mo
Sale Price $3,575,000

Midtown Manhattan is the city's primary commercial and transit hub, home to Grand Central Terminal, Rockefeller Center, Bryant Park, and the Empire State Building. The residential market features luxury condo towers, classic pre-war cooperatives, and postwar doorman buildings served by nearly every subway line in the system. Properties range from high-floor units with skyline panoramas to well-maintained co-ops along the tree-lined side streets east and west of Fifth Avenue.

MIDTOWN Live Market Data

View Neighborhood

Active Listings

215

Median Asking Price

$1.99M

Median $/Sqft

$1,708

Avg Days on Market

N/A

New This Week

12

Price Reduced

32%

Sold (30 Days)

22

Median Sale Price

$3.37M

Live data from RLS at REBNY • Updated 5/14/26, 9:42 PM EST

Recently Sold in MIDTOWN

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Location

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465 Park Avenue #404, MIDTOWN, New York County • Near NEC East 57th Street

Floor Plans

Floor Plan 1
Floor Plan 2

Building Information

Official NYC property records for this building

1927
Year Built
99 years old
134
Residential Units
C5-3
Zoning District
Condominiums NYC Landmark

Tax & Assessment

Assessed Value: $38,655,450
Land Value: $4,500,000
Exemptions: $66,450

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 10,247 SF
Building Area: 246,720 SF
Built FAR: 24.08
Allowed FAR: 10

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $8,085 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 2 bedrooms and 2 full bathrooms.

According to MLS records, the building was constructed in 1926, making it approximately 100 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10097833
First Listed: 4/20/2017
Closed: 6/16/2017
Contract Date: 4/19/2017

Listing Courtesy of Elliman - Ian Slater

Listing Contact: (646) 645-8192

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/15/2026 at 1:42 AM UTC

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