2 months on rocket

465 Park Ave Unit 26C, New York City, NY, 10022

$495,000

Home List Price

$5,878*

Closing Credit

1 Bedroom
1 Full Bath
Condo

Location

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465 Park Ave Unit 26C, New York$495,000

Buyer Closing Credits

$5,878*

1.25% Loan Amount

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Property Highlights

Home TypeStock Cooperative
Year Built1926
MLS #COMP-1561730612171822689
StatusActive

About 465 Park Ave Unit 26C

Charming and Historic 1 Bedroom with Private Terrace at Ritz Tower Perched on the 26th floor of the legendary Ritz Tower, discover this luminous 1-bedroom residence with its very own secluded terrace. As you enter Residence 26C, a welcoming foyer leads you to a well-appointed kitchenette with a GE refrigerator, dishwasher, microwave, and a Summit stove and oven. Adjacent to the foyer, the living room offers an elegant space with herringbone floors, three expansive east-facing windows, and a cozy dining alcove that opens onto a charming terrace. This terrace is adorned with stately balustrades and intricately carved pillars, reflecting the architectural splendor of the 1920s, and provides a spectacular vantage point over Midtown Manhattan. The bedroom, seamlessly connected to the living area, boasts expansive views from two north-facing windows, a spacious walk-in closet, and an en-suite bathroom featuring marble countertops and additional north-facing views. An additional large closet is conveniently located near the bedroom entrance. This residence supports 50% financing and is open to pied-à-terre and foreign buyers. Utilities are included in the monthly maintenance fees. Small pets may be considered subject to board approval. A 3% flip tax is applicable, paid by the purchaser. Constructed in 1925, this prestigious limestone-clad pre-war cooperative was crafted by the esteemed Emery Roth and Thomas Hastings. At the time of its completion, the 41-story Ritz Tower was the tallest residential building in New York City, uniquely exempt from height restrictions due to its innovative design without individual kitchens. The Ritz is celebrated as a monumental achievement in American architecture, with Roth and Hastings infusing classical elegance into a structure of unprecedented scale and grandeur. Described by historians like Robert A. M. Stern, Gregory Gilmartin, and Thomas Mellins as the pinnacle of urban living, the Ritz Tower stands at the northeast corner of 57th Street, offering unparalleled five-star services. These include daily maid service, a full-time doorman, concierge, valet service, a newly renovated fitness center, a conference/party room, and an on-site resident manager. Shareholders can indulge in exclusive dining experiences, with meals prepared by the Ritz Tower’s resident Chef and served in their apartments, available five days a week. Located mere steps from Central Park, high-end Madison Avenue boutiques, Bloomingdales, and top New York dining destinations like The Polo Bar, Avra Madison Estiatorio, and Daniel, the Ritz Tower epitomizes luxury Manhattan living.

Property Details

Property Features

Property Information:

  • Year Built: 1926

Listing Office:

  • Office Name: Compass
  • Office Phone: (212) 913-9058
  • Listing Agent: Kyle Blackmon
  • Agent Phone: (646) 798-8898

Interior Features

Interior Information:

  • Appliances: Dishwasher, Refrigerator
  • Flooring Type: Hardwood
  • Interior: Crown Molding, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Attached Garage: No

Price Information

Listing Price Info

Price Summary:

  • List Price: $495,000

HOA Fees:

  • Amount: $5622
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in New York, NY.

Med. Sold Price

$850.1K

Med. Price/SqFt

$667

Avg. Days On Market

85

# of Sold Homes

1747

465 Park Ave Unit 26C vs New York

78 DAYS ON ROCKET

-7 Days

$495,000

-$355.1K Less

KEY TAKEAWAY

This property is $355.1K less than the Median Sold Price in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #COMP-1561730612171822689

Listing Office:

  • Office Name: Compass
  • Office Phone: (212) 913-9058
  • Listing Agent: Kyle Blackmon
  • Agent Phone: (646) 798-8898

IDX ©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.

Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 12/18/2024, 11:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$8,160

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,551

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4521570
8
/10
  • P.S. 59 Beekman Hill International School

  • 231 E 56th St # 249

  • 0.28 miles

  • Public District Grades KG-5

school-card-donut-4521571
9
/10
  • P.S. 267 East Side Elementary School

  • 213 E 63rd St

  • 0.36 miles

  • Public District Grades KG-5

school-card-donut-4521572
8
/10
  • P.S. 183 Robert L. Stevenson School

  • 419 E 66th St

  • 0.67 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $84,375. Residents of New York, NY typically earn between $35k-100k each year. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 465 Park Ave Unit 26C

What is the listing price of this property?

The listing price of 465 Park Ave Unit 26C property is $495,000.

What type of property is this?

The property 465 Park Ave Unit 26C is a condo located in New York City, New York, 10022.

Is this property for sale now?

Active Listing: 465 Park Ave Unit 26C is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 465 Park Ave Unit 26C has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The sq. ft. of 465 Park Ave Unit 26C is not available (source: MLS/tax record).

Which year was this property built?

The year of construction for 465 Park Ave Unit 26C is 1926.

Rocket HomesNew YorkNew York10022465 Park Ave Unit 26C

This home is located at 465 Park Ave Unit 26C in New York City, NY and zip code 10022 in the Midtown East neighborhood. This home was built in 1926. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since October 01, 2024 and is currently priced at $495,000.

In November 2024 more than 220 listings in New York, NY were sold above the asking price. During the same period more than 769 listings were sold at asking price, while more than 758 were sold below. The inventory of homes for sale in New York, NY between October 2024 and November 2024 decreased by 7.2%. In November 2024, listings were on the market for 85 days. During the same period, the median list price in this real estate market was $850,115.

From Rocket Homes Real Estate and based on county public records data.

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