$850,000
PENDING $25K PRICE DROP

Estimated payment $5,826/month

Total Views 20
1 Bed
1 Bath
590 Sq Ft
$1,441 Price per Sq Ft

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

INCREDIBLE VIEWS

LOW MONTHLY COSTS

Radiant and inviting, this sun-drenched high-floor retreat exudes remarkable value, enveloped in serene tranquility and bathed in natural light. Offering unobstructed vistas stretching southward to The Freedom Tower, westward to New Jersey, and eastward over Brooklyn and Queens, this residence epitomizes luxury living in a white-glove environment.

This charming XL studio showcases a spacious entrance gallery and lofty ceilings. Residents also enjoy the convenience of private storage and complimentary bike storage within the building.

Constructed in 2003 under the direction of acclaimed architect Michael Graves, this prestigious full-service condominium boasts an array of luxurious amenities. The building features a 24-hour concierge and doorman, as well as an elegant lobby entrance. Its spacious layout incorporates generous galleries in both private and communal areas.

Residents benefit from a recently revamped health and wellness center, complete with a fully-equipped gym, studio, indoor pool, steam room, sauna, massage treatment rooms, and a wrap-around sun terrace. Additionally, there are facilities for business and conferences, a resident's lounge, a private cinema, a wine cellar, and an outdoor courtyard adjacent to the building entrance. A live-in superintendent ensures prompt assistance and maintenance.

This pet-friendly establishment also welcomes pieds- -terre and enjoys a prime location near fine dining and upscale shopping establishments. Situated in close proximity to Bryant Park, The New York Public Library's main branch, Grand Central Station, 16 subway lines, and well-serviced bus routes along Fifth Avenue and Madison Avenue, the building offers unparalleled convenience in the heart of the city. Direct Empire State view and One World Centre view from the unit.

Currently an assessment of $68.88/month.

OPEN HOUSE BY APPOINTMENT ONLY.

Listing Agent

Nikolay Afanasyev

City Sphere License #10401278426 Listed on: 09/20/2024

Co-Listing Agent

Yuliya Afanasyev

City Sphere License #10401316340

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,528

Year Built

  • Built in 2003

HOA Fees

  • $775 Monthly HOA Fees

Property Views

  • River

Home Design

  • Entry on the 24th floor

Interior Spaces

  • 590 Sq Ft Home
  • 1-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • Indoor Pool
  • South Facing Home
  • No Cooling

Listing and Financial Details

  • Legal Lot and Block 1234 / 00868

Community Details

Overview

  • High-Rise Condominium
  • 425 Fifth Avenue Condos
  • Midtown Subdivision

Amenities

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,528

Year Built

Built in 2003

Lot Details

0

HOA Fees

$775 per month

Listing Details

  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Midtown
  • Entry Level: 24
  • Structure Type: High Rise
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Fireplace: No
  • Living Area: 590.0
  • Living Area Units: Square Feet
  • Rooms (Total): 2
  • Basement: No
  • Basement: Other

Beds/Baths

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

Exterior Features

  • View: City, River
  • View: Yes
  • Exterior Features: Building Courtyard, Building Roof Deck, None, Private Outdoor Space Under 60 Sqft
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 775.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Zoning Description: C5-3, MID

Building Info

  • New Construction: No
  • Building Name: 425 Fifth Avenue
  • Total Stories: 1
  • Year Built: 2003

Rental Info

  • Land Lease: No

Tax Info

  • Tax Block: 00868
  • Tax Lot: 1234

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $6,528 $52,438 $10,127 $42,311
2024 $6,528 $52,214 $10,127 $42,087
2023 $5,266 $52,030 $10,127 $41,903
2022 $5,177 $51,284 $10,127 $41,157
2021 $6,019 $49,067 $10,127 $38,940
2020 $5,230 $54,324 $10,127 $44,197
2019 $5,048 $53,103 $10,127 $42,976
2018 $6,091 $54,549 $10,128 $44,421
2017 $5,630 $50,660 $10,127 $40,533
2016 $5,534 $47,112 $10,127 $36,985
2015 $2,592 $46,498 $10,128 $36,370
2014 $2,592 $43,795 $10,127 $33,668
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 Price Changed $850,000 +22873.0% $1,441 / Sq Ft
02/07/2025 02/07/25 Pending -- -- --
10/18/2024 10/18/24 Rented $3,700 0.0% --
09/20/2024 09/20/24 For Sale $875,000 0.0% $1,483 / Sq Ft
08/16/2024 08/16/24 Under Contract -- -- --
07/28/2024 07/28/24 For Rent $3,700 -- --
Source: Real Estate Board of New York (REBNY)

Purchase History

Date Type Sale Price Title Company
Deed $850,000 --
Deed $855,000 --
Deed $675,000 --
Deed $675,000 --
Deed $425,880 --
Deed $425,880 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $520,000 Purchase Money Mortgage
Previous Owner $315,000 Purchase Money Mortgage
Source: Public Records

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS11010843

Real Estate Board of New York (REBNY)

APN: 0868-1546