465 Park Ave

The Ritz Tower is a landmark 42-story cooperative on Park Avenue completed in 1926 and designed in the classic Emery Roth prewar idiom. Built originally as a luxury hotel and converted to co-op ownership in the 1950s, the tower contains a relatively small number of spacious residences—studios through three-bedrooms—spread across 54 units, which preserves a more private, low-density floor plan on each level. Interiors retain prewar character: high ceilings, crown moldings, decorative millwork, formal gallery/foyer entries and expansive living and dining rooms often anchored by fireplaces and original detailing. Many apartments feature large closets, marble and high-end stone bathrooms, original oak or parquet floors, and modernized kitchens and systems in renovated units; some offer private terraces or outdoor space. Building amenities and services are hotel-grade: 24-hour doorman and concierge, valet and porter staff, on-site maintenance, a private in-house chef providing meal service, maid/housekeeping, a fitness center, party/meeting room, building storage and safety deposit facilities. Policies favor flexibility for buyers: pied-a-terres, foreign purchasers, LLCs, trusts and corporate purchases are permitted with board approval; in-unit washer/dryers are allowed subject to approval and pets are considered. Monthly maintenance commonly includes utilities and real estate taxes, and the co-op applies a flip tax and permits up to 50% financing. Located on Park Avenue at 57th Street, the building sits steps from high-end retail, restaurants, and Central Park, offering a residence steeped in prewar luxury with extensive white-glove services.