Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $450,000

· Closed January 22, 2026

465 PARK Avenue #504
Closed For Sale Co-op

$450,000

465 PARK Avenue #504

Midtown East, Manhattan

Ritz Tower

MLS® #RLS20053131

RLS at REBNY

Listing by Douglas Elliman Real Estate

2

Bedrooms

2

Baths

N/A

Sq. Ft.

1926

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Year Built 1926
Ownership Co-op
Maintenance $6,375/mo
Neighborhood Midtown East
Floor 5 of 42

Property Highlights

  • Views: Other
  • Exposure: South,West facing
  • Fireplace: 1 fireplace

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 4
Baths 2 Full
Floor 5 of 42
View Other
Exposure South,West
Cooling Wall Units
Pets Yes
Year Built 1926
Structure Type HighRise
Basement Other
Block/Lot 01312/7502

Listing History

Event Date Price Change
Listed Oct 7, 2025 $695,000 -
Currently May 7, 2026 $450,000 -35.3%

Description

First time available in almost three decades one of the special homes at the iconic Ritz Tower on Park Avenue. With views of Park Avenue and Billionaire's Row.

An expensive Gallery opens into a gracious South-West corner, sun-drenched Great Room.

Located to the left (originally the second bedroom). Now open to the great room is a large Library and the 2nd bathroom.

The large primary bedroom and en-suite bath is conveniently located on the other side of the apartment giving you complete privacy.

Other features of this home: charming crown moldings, high ceilings, and many closets. Washer and dryers permitted with board approval.

Most Pictures are Virtually Stage

The Ritz Tower is a White Glove coop with services fit for Royalty. Amenities include full hotel services, a dedicated private chef to serve you dinner in your home Monday through Friday, maid service, a hotel style Concierge, a state of the art fitness center, party room, and a 24 hour maintenance staff.

The monthly maintenance includes utilities and real estate taxes.

The building allows pied-a-terres, foreign purchasers, Trust's, LLC ownership, and pets with board approval.

3% flip tax paid by the purchaser.

Features & Amenities

Interior Features

Separate Formal Dining Room Building None Fireplace (1)

Exterior Features

None

Building Amenities

Concierge Elevators

Appliances

Washer Dryer Allowed

Building Information

Building Ritz Tower
Building Data View Compliance & Permits
Total Units 100
Stories 42
Structure HighRise

Financial Details

Maintenance $6,375/mo
Original Price $695,000
Sale Price $450,000
Previous Price $695,000

Midtown East is a dynamic hub that is the gateway to Manhattan for many. Home to iconic landmarks like Grand Central Terminal and the Chrysler Building, the neighborhood offers unparalleled convenience for commuters and professionals. The residential landscape is a mix of high-rise luxury towers and historic side-street cooperatives, providing a wide array of options for those who want to be at the center of the city's energy.

Midtown East Live Market Data

View Neighborhood

Active Listings

234

Median Asking Price

$1.50M

Median $/Sqft

$1,598

Avg Days on Market

N/A

New This Week

8

Price Reduced

25%

Sold (30 Days)

14

Median Sale Price

$999K

Live data from RLS at REBNY • Updated 5/7/26, 11:14 AM EST

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Location

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465 PARK Avenue #504, Midtown East, New York County

Floor Plans

Floor Plan 1

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 $6,375 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: Pets allowed with Board Approval,Building Pets Allowed Comments:Pets allowed with Board Approval. 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: RLS20053131
First Listed: 10/7/2025
On Market: 10/7/2025
Price Changed: 1/23/2026
Closed: 1/22/2026
Contract Date: 10/7/2025

Listing Courtesy of Douglas Elliman Real Estate - Patricia Slochower

Listing Contact: (917) 301-7969

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 5/7/2026 at 3:14 PM UTC

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