NOT LISTED FOR SALE

Estimated Value: $1,241,347 - $1,416,000

2 Beds
2 Baths
1,008 Sq Ft
$1,323/mo HOA Fee

Last Sold May 22, 2024

Last sale price $1,360,000 $1,349 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $9,257/month

200 Days on Market

Highlights

  • Concierge
  • 4-minute walk to 5 Avenue-Bryant Park
  • Indoor Pool
  • P.S. 116 Mary Lindley Murray Rated A-
  • Steam Room
  • 1-minute walk to Tilden Park

About This Home

As of May 2024

Welcome home to residence 23B at 425 Fifth Avenue, a beautifully designed, generously sized 2-bedroom, 2-bathroom home spanning over 1,000 square feet. This one-of-a-kind space offers an open layout with exquisite views. Upon entering, a gracious foyer leads you through a 10-foot entrance gallery into your sun-drenched living room. Enjoy views of the Empire State Building and city skyline from Southern and Eastern exposures. The windowed chef's kitchen features top of the line stainless steel GE appliances, wood cabinets, black granite countertops, and Koehler fixtures. The primary suite offers a spa-like en suite marble bathroom with a separate stall shower, Italian tiles, and Dornbracht faucets. The second bedroom with nearby bathroom is spacious and convenient. Features throughout the home include Brazilian mahogany floors, ample storage space, and cheerful over-sized windows.

425 Fifth Avenue is a 52-story, 172-unit full-service luxury condominium built in 2003. Designed by renowned architect Michael Graves, amenities include a concierge desk with package room and a health club with a gym, pool, steam room and sauna. The building also features a large, landscaped terrace, playroom, screening room, business center, laundry room, bicycle storage and a 24-hour attended lobby. Located just blocks away from beautiful attractions like Bryant Park, the NY public library, and conveniently close to shopping, dining, Grand Central and much more.

Last Agent to Sell the Property

Elaine Feola

Douglas Elliman Real Estate License #10401348528 Listed on: 09/05/2023

Douglas Elliman Real Estate

Co-Listed By

James Flowers

Douglas Elliman Real Estate License #30FL1018352

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,896

Year Built

  • Built in 2006

HOA Fees

  • $1,323 Monthly HOA Fees

Home Design

  • Entry on the 23rd floor

Interior Spaces

  • 1,008 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Indoor Pool
  • No Cooling

Listing and Financial Details

  • Legal Lot and Block 1528 / 00868

Community Details

Overview

  • 127 Units
  • High-Rise Condominium
  • Midtown Subdivision
  • 56-Story Property

Amenities

  • Concierge
  • Rooftop Deck
  • Courtyard
  • Steam Room
  • Theater or Screening Room
  • Game Room
  • Children's Playroom
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,896

Year Built

Built in 2006

Lot Details

0

HOA Fees

$1,323 per month

Listing Details

  • Exposures: East,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Midtown
  • Entry Level: 23
  • Structure Type: High Rise
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 56

Interior Features

  • Interior Features: Smoke Free
  • Fireplace: No
  • Living Area: 1008.0
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 2

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Courtyard, Building Roof Deck
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Other
  • Green Building Features: Common Playroom, Concierge, Elevator(s), Game Room, Green Building, Indoor Pool, Screening Room, Steam Room
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1323.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 127
  • Total Stories: 56
  • Year Built: 2006

Tax Info

  • Tax Block: 00868
  • Tax Lot: 1528
  • Tax Annual: 10896.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2023
Closed on
May 22, 2024
Sold by
Huang Wenyi and Zeng Oliver
Bought by
425 Fifth Bryant Park Llc
Seller's Agent
Elaine Feola
Douglas Elliman Real Estate
List Price
$1,425,000
Sold Price
$1,360,000
Premium/Discount to List
-$65,000
-4.56%
Views
69
Current Estimated Value
$1,330,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,663
Avg. Annual Appreciation
-1.44%

Purchase Details

Closed on
May 28, 2004
Sold by
Rfd 425 Fifth Avenue Lp and % Rfr Holding Llc And Davis & Partners
Bought by
Huang Wenyi and Zeng Zhongquan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$602,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
425 Fifth Bryant Park Llc $1,360,000 --
425 Fifth Bryant Park Llc $1,360,000 --
Huang Wenyi $875,695 --
Huang Wenyi $875,695 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Huang Wenyi $602,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2024 05/22/24 Sold $1,360,000 -4.6% $1,349 / Sq Ft
03/24/2024 03/24/24 Pending -- -- --
03/06/2024 03/06/24 For Sale $1,425,000 +4.8% $1,414 / Sq Ft
03/06/2024 03/06/24 Off Market $1,360,000 -- --
01/25/2024 01/25/24 Price Changed $1,425,000 -4.7% $1,414 / Sq Ft
09/05/2023 09/05/23 For Sale $1,495,000 -- $1,483 / 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 $11,148 $89,554 $17,294 $72,260
2024 $11,148 $89,172 $17,294 $71,878
2023 $10,900 $88,860 $17,294 $71,566
2022 $10,689 $87,585 $17,294 $70,291
2021 $10,280 $83,798 $17,294 $66,504
2020 $10,729 $92,777 $17,294 $75,483
2019 $10,374 $90,690 $17,294 $73,396
2018 $10,403 $93,159 $17,293 $75,866
2017 $9,326 $86,518 $17,294 $69,224
2016 $9,146 $80,458 $17,294 $63,164
2015 $4,427 $79,409 $17,294 $62,115
2014 $4,427 $74,796 $17,294 $57,502
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10960655

Real Estate Board of New York (REBNY)

APN: 0868-1528