NOT LISTED FOR SALE

425 5th Ave, Unit 18F New York, NY 10016

Garment District Neighborhood

Estimated Value: $864,163 - $1,226,000

1 Bed
1 Bath
846 Sq Ft
0.29 Acres

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

Sorry No Pets.

This beautiful rarely available F line is a corner 1BR home which has city views of Fifth Avenue and the Lord and Taylor building, with its north and west exposure ushering in plenty of natural light. A stunning space boasting elegant cherry wood flooring, separate dining area and a kitchen that features Brazilian cherry wood custom cabinets, GE profile appliances, black granite counter tops and Kohler fixtures. The marble bath with a stall shower, Italian tiles, and Dornbracht Faucets. There is no washer/dryer in the unit but the laundry room is located on the 14th floor.

425 fifth Ave Tower is a white glove condominium designed by very famous architect Michael Graves. The building features a gym, a lap pool, steam & sauna rooms, outdoor terrace, children's playroom, private cinema room, business center and 24hr concierge & doorman service. NO PETS

Last Agent to Rent the Property

Ilan Bracha

Corcoran Group License #10301219983 Listed on: 10/05/2020

Co-Listed By

Sarah Son

Nest Seekers LLC License #40SO0943917

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,555

Year Built

  • Built in 2003

Lot Details

  • 0.29

Home Design

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

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Listing and Financial Details

  • Property Available on 10/1/20

Community Details

Overview

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

Amenities

  • Laundry Facilities

Condo Details

Home Type

Condominium

Est. Annual Taxes

$7,555

Year Built

Built in 2003

Lot Details

0

Rental Info

  • Available Date: 2020-10-01

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Midtown South
  • Entry Level: 18
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 67

Interior Features

  • Living Area: 846.0
  • 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 Interest: Condominium

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 18, 2004
Sold by
Rfd 425 Fifth Avenue L P
Bought by
Hong Jeong Hee and Kim Jong Won
Current Estimated Value
$1,060,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.3%
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
Hong Jeong Hee $585,494 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hong Jeong Hee $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2022 04/20/22 Off Market $3,000 -- --
04/20/2022 04/20/22 Off Market $3,700 -- --
03/23/2021 03/23/21 Rented -- -- --
03/23/2021 03/23/21 Rented $3,000 -14.3% --
10/05/2020 10/05/20 For Rent $3,500 -5.4% --
09/17/2018 09/17/18 Rented -- -- --
09/17/2018 09/17/18 Rented $3,700 0.0% --
08/18/2018 08/18/18 Under Contract -- -- --
07/06/2018 07/06/18 For Rent $3,700 -- --
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 $7,555 $60,686 $11,720 $48,966
2024 $7,555 $60,427 $11,720 $48,707
2023 $7,387 $60,216 $11,720 $48,496
2022 $7,262 $59,352 $11,720 $47,632
2021 $6,966 $56,786 $11,720 $45,066
2020 $7,337 $62,870 $11,720 $51,150
2019 $7,088 $61,457 $11,720 $49,737
2018 $7,092 $63,130 $11,721 $51,409
2017 $6,516 $58,630 $11,721 $46,909
2016 $6,404 $54,523 $11,720 $42,803
2015 $3,000 $53,812 $11,720 $42,092
2014 $3,000 $50,685 $11,720 $38,965
Source: Public Records

Agents Affiliated with this Home

  • Ilan Bracha

    Landlord's Agent in 2021

    Ilan Bracha

    Corcoran Group

    (646) 952-9287

    1 in this area

    42 Total Sales

    Ilan Bracha
    Section Image

  • S

    Landlord's Co-Listing Agent in 2021

    Sarah Son

    Nest Seekers LLC

    (917) 776-2581

    3 in this area

    7 Total Sales

    Sarah Son
    Section Image
  • Uni Cregan

    Seller's Agent in 2018

    Uni Cregan

    Level Group Inc

    (212) 203-5115

    1 Total Sale

    Uni Cregan
    Section Image
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About This Building

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10672918

Real Estate Board of New York (REBNY)

APN: 0868-1590

New York New York County New York 10016 Garment District

425 5th Ave Unit 18F, New York, NY

This home is located at 425 5th Ave Unit 18F, New York, NY 10016 since 05 October 2020 and is currently priced at $1,060,541. This property was built in 2003. 425 5th Ave Unit 18F is a home located in New York County with nearby schools including P.S. 116 Mary Lindley Murray, Simon Baruch Middle School 104, and Clinton School.

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Real Estate Board of New York (REBNY) 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.

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