This property is the exclusive listing of The Vanderploeg Team at Douglas Elliman. 18B is a spacious, grand, renovated three-bedroom, four marble-bathroom corner residence in The Ritz Tower, an historic, stately 42-story former luxury hotel built in 1925 and converted to a co-op in 1956. Conveniently located on the Northeast corner of East 57th Street and Park Ave, the iconic Emery Roth-designed co-op is elegance and gracious living exemplified, offering residents a myriad of five-star hotel services and an unparalleled in-house staff. The apartment has approximately 2400 square feet. An elegant full-time home or the perfect pied-a-terre. The 23-foot long, 8-foot wide gallery opens to a formal dining room, a light-filled corner living room and a wood-paneled library that easily converts to a third bedroom. An interesting living room feature is the addition of false walls flanking the south facing window that reveal hidden shelving storage. The windowed all-Miele kitchen with a new electric cook top has ample counter and storage space and a walk-in pantry for meal preparation or catering services. The guest bathroom completes the common-area wing of this exceptional residence. The show stopping primary suite has some 500 SF of private space with dual marble baths, paneled dressing rooms and a king-sized bedroom with seating area, storage and a wall of built-in closets. The second bedroom has two large windows and custom storage and is opposite a large space that has been repurposed into a home office or study room with built-ins. With nearly 10 -foot ceilings, oversized double-glazed windows framing classic city views, and brand-new hardwood flooring, these perfectly proportioned rooms are suited to large scale entertainment, yet equally intimate for smaller gatherings. Highlights include exquisite moldings, 14 new windows that capture incredible sunlight via the South and West exposures, a laundry room with a washer dryer hook up, walk-in-closets and dressing rooms, along with multi-zone HVAC, Lutron ambient lighting and electronic shades. The Ritz Towers resident services include lunch and dinner room service by an in-house chef, housekeeping, valet, laundry and 24-hour onsite maintenance services, as well as a party/meeting room, a new fitness center, U.S and International fax, safety deposit boxes, and a notary public available several days a week. The building Managing Director and staff are on site, as well. The building allows pets and pieds-a-terre, and, rare for a co-op, purchase by foreigners, LLCs, Trusts and Corporate, with board approval. The maintenance includes electricity and water. 50% financing; a 3% flip tax.
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