New York (Midtown Central), NY, 10022 | $475,000

A JEWEL!!! Don’t miss this rare opportunity to own a spectacularly renovated studio apartment in the legendary Ritz Tower. This southern facing apartment, overlooking the prestigious double-wide intersection of Park Avenue and 57th Street, provides the ideal City haven or pied-a-terre in one of the world’s most coveted addresses. The apartment has been renovated to include beautiful hardwood flooring, elegant furnishings, a wall of hidden built-in closets, including a well-appointed bar and a luxurious, comfortable Murphy bed. The sleek open kitchen includes a Wolf induction stovetop, Sharp stainless steel microwave and a Bosch refrigerator and freezer. The Ritz Tower, in the midst of great shopping and restaurants and near Central Park, offers optional hotel services, including housekeeping and lunch and dinner prepared by The Ritz Tower’s private chef to be served in your home. Also within the building is a renovated fitness center, business center and laundry room. The Ritz Tower designed by Emery Roth and Thomas Hastings for Journalist Arthur Brisbane, the developer, was built in 1926 with beautifully crafted classically inspired elements. It was the first residential skyscraper in Manhattan and, at its construction, the tallest such structure in the world. To this day the white glove, full service building remains one of New York’s most prestigious addresses. Pets are allowed.

Features

  • Town: New York
  • Levels: 42
  • Rooms: 1
  • Baths: 1 full
  • Lot Size: 112.5 x 100.42
  • Laundry: Building None,None
  • Complex: Ritz Tower
  • Year Built: 1925
  • Common Charge: $2,259 Monthly
  • Est. Taxes: $0
  • View: City
  • Pet Policy: Building Yes,Yes
  • Appliances: Built-In Electric Range,Built-In Range,Built-In Refrigerator,Built-In Freezer,Induction Cooktop,Microwave,Refrigerator,Stainless Steel Appliance(s)
  • MLS#: RLS20010962
  • Days on Market: 12 days
  • Website: https://www.raveis.com
    /prop/RLS20010962/465parkavenue_newyork_ny?source=qrflyer
Copyright © 2025  The Real Estate Board of New York, Inc., All rights reserved
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Keller Williams NYC   Phone: 212-301-1140

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Customer Service

888.699.8876

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

New York (Midtown Central), NY, 10022

$475,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.DeFlorio@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $380,000 $380,000 $380,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.375% 6.875% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.007% 7.063% 6.132%
Monthly Tax Payment $0 $0 $0
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,371 $2,496 $3,181
Total Monthly Payment $2,446 $2,571 $3,256

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.