Comptroveby RentSpire

The Ritz Plaza

235 West 48 Street, New York, NY, 10036

Market rate 477 units Built 1989 FEMA/NRI hazard read: Relatively Low

Asking & effective rent by bedroom

Average asking rent across observed units: not observed. Average effective rent: not observed.

No bed-level rent observations for this property.

HUD Fair Market Rent gap

HUD area: New York, NY HUD Metro FMR Area.

FMR comparison not observed for this property.

Amenities

Bike StorageBusiness CenterChildren's PlayroomElevatorFull-time DoormanGym with Peleton BikeLandscaped CourtyardOn-site Laundry Room

Operator

not observed

Nearby comparable properties

Comparable apartments with rent data within 3 miles, ranked by the same similarity model used in the product.

PropertyLocationDistanceAvg askingSimilarity
Two WorldWide Plaza New York, NY 0.19 mi $13,093 87%
The Strand New York, NY 0.5 mi not observed 82%
Central Park Place New York, NY 0.46 mi not observed 81%
Midwest Court New York, NY 0.37 mi $5,582 79%
Metropolitan Tower New York, NY 0.47 mi $12,950 78%
841 10 Avenue — Clean Record, Free Check New York, NY 0.55 mi not observed 77%
The Regent NYC Luxury Apartment New York, NY 0.64 mi not observed 77%
The 505 New York, NY 0.48 mi $12,990 77%

Sources & provenance

Sourced from https://www.stonehengenyc.com/buildings/the-ritz-plaza — 1 observation(s), last observed Jul 29, 2026.

Data age: 20 days. Last observed: Jul 29, 2026.

Market intelligence and decision support only. Not an appraisal, and not a recommendation to set any particular rent. Income-restricted product is never presented as a market-rate comparable — program type above reflects the governed affordability classification, not free-text asset labels.

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