Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $3,000,000

· Closed January 15, 2025

465 PARK Avenue #18BC
Closed For Sale Co-op

$3,000,000

$1,200 per sq ft

465 PARK Avenue #18BC

Midtown East, Manhattan

Ritz Tower

MLS® #RLS10996051

RLS at REBNY

Listing by Corcoran Group

3

Bedrooms

4

Baths

2,500

Sq. Ft.

1926

Year Built

Quick Summary

Bedrooms 3
Bathrooms 4
Living Area 2,500 sq ft
Year Built 1926
Ownership Co-op
Maintenance $13,775/mo
Neighborhood Midtown East
Floor 18 of 42

Property Highlights

  • Views: City
  • Exposure: South,West facing
  • Climate Control: Wall Units

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 7
Baths 4 Full
Floor 18 of 42
View City
Exposure South,West
Cooling Wall Units
Pets Yes
Year Built 1926
Living Area 2,500 sq ft
Structure Type HighRise
Basement Other
Parcel # 1312-1302-00465-000-00018BC
Block/Lot 01312/7502

Listing History

Event Date Price Change
Listed Apr 4, 2024 $3,950,000 -
Price Reduced Jan 15, 2025 $3,650,000 -7.6%
Currently Jun 1, 2026 $3,000,000 -17.8%

Description

Residence 18BC at 465 Park Avenue, The Ritz Tower, is a sublime example of a timeless, luxurious home, impeccably renovated, bathed in natural light, & housed in one of the most beloved white-glove historic co-ops in New York.
An 23 foot long grand gallery leads to a sweeping expanse- a glorious triptych of handsome library, dramatic corner salon and inviting formal dining room. With nearly 10 foot ceilings, solid hardwood floors & oversized windows framing iconic city views, these perfectly proportioned rooms are ideally composed for large scale entertaining, yet equally intimate for smaller gatherings of friends. The windowed kitchen overlooking Park Avenue has ample counter and storage space along with a walk-in pantry- discreetly accessed off the dining room for home meal preparation or catering services. The guest bathroom situated off the gallery of completes the impressive public space of this remarkable turnkey home.
The owners' wing is composed of a sunlit guest bedroom with private marble bathroom and custom closets. The piece de resistance is the show-stopping primary suite, offering close to 500 sq feet, with dual marble baths, bespoke paneled dressing rooms and a cavernous king-sized bedroom with seating area.
The many desirable features of this gorgeous home include multi-zone HVAC, new double glazed windows, Lutron ambient lighting, in-unit washer/dryer hookups and all rooms facing South or West over Park Avenue & 57th Street.
Once the tallest residential apartment tower in the world when built in 1926, and designed by noted architect Emery Roth - The Ritz Tower is a white-glove co-op that offers 5-star service, with one of the most capable and hospitable staffs imaginable- perfectly situated at the nexus of Midtown and the Upper East Side. Among its many amenities are an exclusive chef, 24 hour concierge and doormen, house-keeping services, valet and porters. The fitness facilities have recently been remodeled and updated, as well as the conference room and business center. The building is pet-friendly, allows pied-a-terres, 50% financing, and conditionally accepts purchases both in Trusts and LLCs. 3% flip tax is paid by the buyer.

Features & Amenities

Interior Features

Separate Formal Dining Room Smoke Free Building None Washer Hookup

Exterior Features

None

Building Amenities

Concierge Elevators

Appliances

Washer Dryer Allowed

Building Information

Building Ritz Tower
Building Data View Compliance & Permits
Total Units 134
Stories 42
Structure HighRise

Financial Details

Maintenance $13,775/mo
Original Price $3,950,000
Sale Price $3,000,000
Previous Price $3,650,000

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

231

Median Asking Price

$1.58M

Median $/Sqft

$1,742

Avg Days on Market

N/A

New This Week

9

Price Reduced

22%

Sold (30 Days)

9

Median Sale Price

$1.74M

Live data from RLS at REBNY • Updated 6/1/26, 4:01 PM EST

Similar Listings in Midtown East

View All

Location

Loading map...

465 PARK Avenue #18BC, Midtown East, New York County

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 $13,775 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 3 bedrooms and 4 full bathrooms.

The listed interior living area is 2,500 square feet. Verify dimensions independently during due diligence.

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.

At the current list price of $3,000,000 for 2,500 sq ft, the asking price per square foot is approximately $1,200. This figure is for reference only and may differ from appraised or assessed values.

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: RLS10996051
First Listed: 4/5/2024
On Market: 4/4/2024
Price Changed: 1/15/2025
Closed: 1/15/2025
Contract Date: 4/5/2024

Listing Courtesy of Corcoran Group - Catherine Juracich

Listing Contact: (646) 283-1384

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 6/1/2026 at 8:01 PM UTC

Buying a Co-op? Start Here

Co-op vs. Condo: Which Is Right for You?

Ownership structure, board approval, financing: the full comparison.

Read article

How to Ace Your Co-op Board Interview

What boards look for, common questions, and how to prepare.

Read article

HDFC Co-ops: Complete Guide

Income limits, resale caps, and how to qualify for affordable co-ops.

Read article

NYC Mansion Tax: 2026 Guide

How the tiered mansion tax works for purchases over $1M.

Read article

Interested in this property?

Your info is secure and never shared.

View Active Listings Call Milton