465 PARK Avenue #18F, New York City, NY 10022
Listing Courtesy of Douglas Elliman Real Estate
$995,000
Potential Rebate: $14,925
Overview
<p>Step into refined luxury at Residence 18F, a meticulously renovated high-floor home at the legendary Ritz Tower, 465 Park Avenue. Reimagined by renowned builder F.J. Sciame Homes, this elegant one-bedroom apartment offers timeless sophistication blended with contemporary comfort, all set against the backdrop of Manhattan's most iconic boulevard.</p> <p>A gracious entry foyer leads into an expansive living room featuring recessed lighting, a beautifully restored fireplace, and oversized windows that flood the space with natural light and showcase classic Park Avenue views. The custom-designed kitchen is a culinary standout with handcrafted millwork cabinetry, sleek marble countertops, a Miele oven, and a Sub-Zero refrigerator-offering seamless style and function.</p> <p>The serene bedroom provides abundant storage with built-in and custom closets throughout. The spa-inspired bathroom is finished in refined marble and features Kohler sinks, a Duravit toilet, and premium fixtures. Throughout the home, thoughtful details such as hardwood floors and exquisite finishes elevate the everyday living experience.</p> <p>Enjoy a full suite of premier resident services, including acclaimed in-house chef room service for lunch and dinner, daily housekeeping, valet, laundry service, and 24-hour on-site maintenance. Additional amenities include a party/meeting room, a brand-new fitness center, safety deposit boxes, and a notary public.</p> <p>465 Park Avenue is a white-glove cooperative with 24-hour doorman, attended elevators, and a resident superintendent. The building is pet-friendly and welcomes pieds- -terre, as well as purchases by international buyers, LLCs, Trusts, and Corporations-subject to board approval. Maintenance includes electricity and water, and financing up to 50 percent is permitted.</p> <p>Located at the corner of Park Avenue and 57th Street, this distinguished address places you moments from Central Park, Michelin-starred restaurants, luxury boutiques, and Midtown's cultural landmarks.</p> <p>A rare opportunity to own a turnkey designer home in a full-service building that defines Manhattan elegance.</p>
Home Features
- •Wall Unit(s)
- •Washer Dryer Allowed
Estimated Monthly Payment
$9,702 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$14,925
Monthly savings impact
$41/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
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RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Douglas Elliman Real Estate
Data Source: TRESTLE #RLS20019331
Price Analysis
Compare average listing prices and value metrics for Ritz Tower against the surrounding Midtown East market.
Average List Price
Price Per SqFt
47.60% Lower
than the Midtown East price-per-sq-ft average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
Midtown East
Overview of Midtown East
Midtown East is one of the most dynamic and accessible neighborhoods in Manhattan, offering a unique blend of corporate power, diplomatic significance, and residential luxury. Located in the heart of New York City, this area encompasses landmark districts like Turtle Bay, Sutton Place, and the United Nations corridor. For those considering Midtown East Manhattan real estate, the neighborhood presents a compelling mix of convenience and prestige.
Living in Midtown East, Manhattan means being at the center of the world's commercial activity while enjoying surprisingly quiet residential pockets. The area is defined by its iconic skyline, featuring the Chrysler Building and the MetLife Building, yet street level reveals a different character with tree-lined blocks, pocket parks, and diplomatic missions. It is a true Manhattan NYC neighborhood that serves as a global business hub by day and a sophisticated residential community by night.
Real Estate & Housing Market
The market for homes for sale in Midtown East is diverse, ranging from post-war luxury co-ops to stunning pre-war condos. Real estate here often attracts professionals who want to eliminate their commute, as well as diplomats and foreign buyers drawn to the proximity of the UN. You will find a significant number of full-service buildings with doormen, gyms, and concierge services, making it a high-convenience options for busy urbanites.
Investment potential in Midtown East remains strong due to its central location and the ongoing East Midtown Rezoning, which is modernizing the office stock and bringing new energy to the area. Whether you are looking for a pied-à-terre near Grand Central or a sprawling family apartment in Sutton Place, the housing stock offers value compared to the soaring prices of downtown Manhattan.
Lifestyle & Community
The lifestyle in Midtown East is one of unparalleled convenience. Residents enjoy a walkable community with everything from Michelin-starred dining to essential services like Whole Foods and Morton Williams within blocks. The area has a more polished, established feel than the trendy downtown neighborhoods. It is less about nightlife/clubbing and more about sophisticated dining, rooftop lounges, and cultural institutions.
Community life is influenced by the international presence of the United Nations, giving the neighborhood a cosmopolitan flair. You will hear diverse languages and find diverse diplomatic residents. Weekends are noticeably quieter than weekdays, giving residents a chance to reclaim their streets and enjoy a more relaxed pace of life in the big city.
Transportation & Accessibility
Midtown East boasts some of the best transportation infrastructure in the entire city. Anchored by Grand Central Terminal, residents have immediate access to the 4, 5, 6, 7, and S subway lines, as well as Metro-North Railroad for easy getaways to Westchester and Connecticut. The expansion of the LIRR to Grand Central Madison has further connected the neighborhood to Long Island and Queens.
Getting around is seamless. The bus network is extensive, with crosstown options on 42nd, 49th/50th, and 57th Streets. For those who drive, the FDR Drive provides quick access to the rest of the boroughs and airports. The neighborhood's walkability to major corporate headquarters on Park and Madison Avenues is a primary draw for residents.
Parks, Schools & Amenities
While often thought of as a concrete jungle, Midtown East offers lovely green spaces. Bryant Park is nearby, and smaller gems like Greenacre Park and Dag Hammarskjöld Plaza provide tranquil retreats with waterfalls and seating. The East River Esplanade offers waterfront running and biking paths with stunning views of Queens and Brooklyn.
Schools in the area include high-performing public options and prestigious private schools. Amenities are top-tier, with world-class gyms, luxury spas, and cultural landmarks like the Morgan Library and Museum nearby. The shopping is unparalleled, from the flagships of Fifth Avenue to the boutique shops of Madison Avenue.
Who This Neighborhood Is Best For
Midtown East is best for corporate professionals, diplomats, and pied-à-terre buyers who prioritize convenience, safety, and building services. It is also an excellent choice for frequent travelers who need easy access to Grand Central.
