Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,550,000

· Closed April 15, 2025

465 PARK Avenue #7BC
Closed For Sale Co-op

$1,550,000

$674 per sq ft

465 PARK Avenue #7BC

Midtown East, Manhattan

Ritz Tower

MLS® #RLS10930507

RLS at REBNY

Listing by Brown Harris Stevens Residential Sales LLC

3

Bedrooms

3.5

Baths

2,300

Sq. Ft.

1926

Year Built

Quick Summary

Bedrooms 3
Bathrooms 4 full, 1 half
Living Area 2,300 sq ft
Year Built 1926
Ownership Co-op
Maintenance $12,199/mo
Neighborhood Midtown East
Floor 7 of 42

Property Highlights

  • Views: Other
  • Climate Control: Other
  • Character: Pre-war building (1926)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 7
Baths 3 Full, 1 Half
Floor 7 of 42
View Other
Cooling Other
Pets Yes
Year Built 1926
Living Area 2,300 sq ft
Structure Type HighRise
Basement Other
Block/Lot 01312/7502

Listing History

Event Date Price Change
Listed Jan 30, 2024 $2,950,000 -
Price Reduced May 2, 2025 $2,750,000 -6.8%
Currently Jun 1, 2026 $1,550,000 -43.6%

Description

Unique and exciting opportunity to live in this rarely available sought after B/C combination in the iconic Ritz Tower at the corner of Park Avenue and 57th Street. Ritz Tower is one of the few residential buildings with hotel like services that make living in New York City easy and pleasurable.

Come home to a stunning residence that exudes elegance and sophistication with over 2300 square feet of space. Use as currently configured as two adjacent apartments or easily combine them into one.

Enter the apartment through the 22 foot long gracious marble floored gallery with its high ceiling and crown moldings. The gallery flows through to the classic dining room boasting large street facing windows, enhancing the feeling of openness and space. To the right is the grand corner living room overlooking both Park Avenue and 57th Street and flowing in sunlight through its oversized windows. It is perfect for entertaining or relaxing with extensive built in storage areas and an entrance to the dining room.

The large master bedroom faces Park Avenue and has a spacious en-suite bath with a walk in closet that is 7'-3"x &'-7" with a 10 foot ceiling. On the opposite side of the apartment is an expansive second bedroom/den with an adjoining full bath and large walk in closet, which provides privacy from the entertaining spaces of the apartment and the primary bedroom.

There are endless closets and storage areas, a large washer/dryer closet and a contemporary kitchen with top of the line appliances.

This apartment is in move in condition with all, but the primary bedroom and bath, having just been fully renovated.

Adjoining the B apartment is a large one bedroom apartment, also in move in condition, with 1 and a half baths and its own Pullman kitchen. Use it as the current owner has, as a private supplemental apartment for visiting family, an office, for card games and a place for staff to stay over or be on call during the day, or easily combine it with the B apartment to add additional bedrooms/dens/play areas or work space.

The Ritz Tower provides full hotel services to its residents to make living as easy as possible. It was designed by noted architect Emery Roth and, when built in 1925, was the tallest residential tower in the world. This white glove building, with its hospitable staff, provides extensive services, including (if desired) housekeeping, laundry service, valet, exclusive chef and room service, a conference room and business center, an event room, a fitness center, storage, a concierge desk and a staff dedicated to service under the direction of the on-site Managing Director.

The building allows pets, financing (50%), pieds-a-terre and different forms of ownership. Electricity is included in maintenance.

The Ritz Tower is at the center of the East Side with Central Park just steps away. The building is convenient to the business district, the boutiques of Madison Avenue and other desirable shopping stores, endless restaurants and the elegant residential Upper East Side.

Features & Amenities

Interior Features

Smoke Free Building None Washer Hookup In Unit

Exterior Features

Private Outdoor Space Under60 Sqft

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 $12,199/mo
Original Price $2,950,000
Sale Price $1,550,000
Previous Price $2,750,000

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)

8

Median Sale Price

$1.93M

Live data from RLS at REBNY • Updated 6/1/26, 2:39 PM EST

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Location

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465 PARK Avenue #7BC, Midtown East, New York County

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 $12,199 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 3 bedrooms and 3 full bathrooms and 1 half bathroom.

The listed interior living area is 2,300 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 $1,550,000 for 2,300 sq ft, the asking price per square foot is approximately $674. 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: RLS10930507
First Listed: 1/30/2024
On Market: 1/30/2024
Price Changed: 5/2/2025
Closed: 4/15/2025
Contract Date: 1/30/2024

Listing Courtesy of Brown Harris Stevens Residential Sales LLC - Laura G Sirkin

Listing Contact: (212) 317-7709

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 6:39 PM UTC

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