NOT LISTED FOR SALE

Estimated Value: $873,096 - $1,230,000

1 Bed
1 Bath
880 Sq Ft
$1,027/mo HOA Fee

Last Sold March 25, 2021

Last sale price $935,550 $1,063 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $7,195/month

50 Days on Market

Highlights

  • 12,630 Sq Ft lot
  • 4-minute walk to 5 Avenue-Bryant Park
  • 1-minute walk to Tilden Park
  • P.S. 116 Mary Lindley Murray Rated A-
  • Laundry Facilities

About This Home

As of March 2021

A pristine corner condo saturated with natural light, this 1-bedroom, 1-bathroom home is a model of contemporary city living. Features of the apartment include beautiful hardwood floors, oversized casement windows with northern and eastern exposure, airy 9-ft ceilings, an abundance of closet space, and a prime Midtown location less than two blocks from Bryant Park.

A welcoming foyer adorned with several storage closets flows into a spacious living and dining room. Just off the dining area is a windowed galley-style kitchen equipped with sleek granite countertops and backsplashes, plenty of cabinet space, and a suite of high-end stainless steel appliances. The bedroom is large enough for a queen or king-size bed in addition to a dresser/wardrobe. It has easy access to an immaculate full bathroom white tiled walls, a step-in shower, and a separate tub.

425 Fifth Avenue is a luxury condominium nestled in the heart of bustling Midtown Manhattan. The building offers residents a robust amenities package that includes a 24-hour doorman, a private theater, a children's playroom, a business center, an event space, a game room, sauna and steam rooms, a fitness center, a pool, an outdoor patio, and a rooftop deck with incredible city views. It is steps from dozens of dining and shopping options, and it is close to Bryant Park, the Empire State Building, The Morgan Library & Museum, and Grand Central Terminal. Nearby subway lines include the 4/5/6/7/S.

Last Agent to Sell the Property

Ryan Serhant

Serhant License #10301209394 Listed on: 11/09/2020

Serhant

Co-Listed By

Sean Jadidian

Corcoran Group License #10401296381

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,904

Year Built

  • Built in 2003

Lot Details

  • 0.29

HOA Fees

  • $1,027 Monthly HOA Fees

Home Design

  • 880 Sq Ft Home
  • Entry on the 18th floor

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Community Details

Overview

  • 172 Units
  • Midtown South Subdivision
  • 67-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,904

Year Built

Built in 2003

Lot Details

0

HOA Fees

$1,027 per month

Listing Details

  • Exposures: East,North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Midtown South
  • Entry Level: 18
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 67

Interior Features

  • Living Area: 880.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 1

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1027.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Area: 12630.0
  • Lot Size Dimensions: 76.92 x 150.0

Building Info

  • New Construction: No
  • Units: 172
  • Total Stories: 67
  • Year Built: 2003

Tax Info

  • Tax Block: 0
  • Tax Annual: 8904.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2020
Closed on
Feb 17, 2021
Sold by
Read Ian Charles
Bought by
Kim You-Na
Seller's Agent
Ryan Serhant
Serhant
List Price
$999,000
Sold Price
$935,550
Premium/Discount to List
-$63,450
-6.35%
Current Estimated Value
$1,044,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,474
Avg. Annual Appreciation
2.45%
Original Mortgage
$748,440
Outstanding Balance
$669,744
Interest Rate
2.73%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$374,280

Purchase Details

Closed on
Jul 26, 2006
Sold by
Minnock Edward W and Minnock Pantea P
Bought by
Read Ian Charles

Purchase Details

Closed on
Jun 25, 2004
Sold by
Rfd 425 Fifth Avenue L P
Bought by
Minnock Edward W and Minnock Pantea P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kim You-Na $935,550 --
Read Ian Charles $949,000 --
Minnock Edward W $590,585 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim You-Na $748,440
Previous Owner Minnock Edward W $464,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2022 10/16/22 Off Market $935,550 -- --
03/25/2021 03/25/21 Sold $935,550 -6.4% $1,063 / Sq Ft
12/30/2020 12/30/20 Pending -- -- --
11/09/2020 11/09/20 For Sale $999,000 -- $1,135 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,335 $58,921 $11,379 $47,542
2024 $7,335 $58,670 $11,379 $47,291
2023 $5,917 $58,465 $11,379 $47,086
2022 $5,817 $57,626 $11,379 $46,247
2021 $6,763 $55,134 $11,379 $43,755
2020 $7,074 $61,042 $11,379 $49,663
2019 $6,826 $59,670 $11,379 $48,291
2018 $6,900 $61,294 $11,379 $49,915
2017 $6,327 $56,925 $11,380 $45,545
2016 $6,218 $52,938 $11,380 $41,558
2015 $2,912 $52,247 $11,379 $40,868
2014 $2,912 $49,212 $11,380 $37,832
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10823988

Real Estate Board of New York (REBNY)

APN: 0868-1506