465 Park Avenue, 404/401 - Midtown, New York

        

 

465 Park Avenue, 404/401 - Midtown, New York

 

UNPRECEDENTED OPPORTUNITY AT THE RITZ TOWER.

The combination of #401 and #404 at 465 Park Avenue presents a chance to own the entire fourth-floor terrace in the building, with eighty feet of frontage on Park Avenue and full privacy. The seller of these residences is also offering to perform the combination filing, construction and completion, INCLUDED in the asking price.

Currently two residences, a split two bedroom and a studio, the property offers flexibility of design. With a choice of several options of proposed floor plans, a new buyer has the ability to create either an oversized two-bedroom home with ample entertaining space, or a three bedroom home, with three full baths. See photographs and floor plans for proposed combinations.

The residence would open to an enormous living/dining space with five windows onto the private terrace. In the center is the kitchen, fit for a chef with Miele, Sub-Zero and Wolf appliances, as well as discreet pocket doors allowing for an either opened or closed design. Towards the northern end of the residence is the spacious master suite, with five-piece calacatta marble master bath, large master dressing room, and private access to the terrace. Two other spacious bedrooms for guests or children each have an adjacent bath.

The home will be 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.

 

This listing courtesy of Douglas Elliman

Property Details:

  • 465 Park Avenue, 404/401 - Midtown, New York
  • Price: $6,495,000
  • Monthly Maintenance/CC: $10,138
  • Minimum Percent Down: 50%
  • Neighborhood: Midtown
  • Cooperative, Doorman
  • 3 Beds | 3 Baths
  • Listing ID: 2734668

Area Details:

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Ian Slater

Ian Slater

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