$601,901 - $934,000
RENTED MAY 30, 2025
-- Bed
1 Bath
485 Sq Ft
2003 Built

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 2025

5th Avenue Midtown - Central Manhattan Brand New Listing Very Sunny with Incredible City Views of Empire State Blg. Statue of Liberty & Freedom Tower. Hi Floor Studio, Available in this Prestigious 425 Fifth Avenue Building Designed by Michael Graves. Faces South Fantastic light and views, Beautiful Wood Flooring, Separate Kitchen with Slate Flooring and Granite Counters. Art Deco Lobby and Common Areas. Owner open to installing/designing additional custom storage/closet space. Full Luxury Amenities include 24 Hour Doorman/Concierge, Pool, Sauna, Steam Rooms, Resident's Lounge, Children's Playroom, Cinema Room, Business Center, and Much More!!

Last Agent to Rent the Property

Karen Giaquinto

Berkshire Hathaway HomeServices New York Properties License #30GI0930190 Listed on: 03/14/2025

Berkshire Hathaway HomeServices New York Properties

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,161

Year Built

  • Built in 2003

Home Design

  • Entry on the 29th floor

Interior Spaces

  • 1 Full Bathroom
  • 485 Sq Ft Home
  • Washer Dryer Allowed

Pool

Utilities

  • No Cooling

Listing and Financial Details

  • Property Available on 3/14/25
  • Legal Lot and Block 7503 / 00868

Community Details

Overview

  • 172 Units
  • High-Rise Condominium
  • 425 Fifth Avenue Condos
  • Midtown Subdivision
  • 54-Story Property

Amenities

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

Recreation

  • Indoor Pool

Condo Details

Home Type

Condominium

Est. Annual Taxes

$6,161

Year Built

Built in 2003

Lot Details

0

Rental Info

  • Land Lease: No
  • Furnished: Unfurnished
  • Available Date: 2025-03-14

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Midtown
  • Entry Level: 29
  • Structure Type: High Rise
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 54

Interior Features

  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area: 485.0
  • Living Area Units: Square Feet
  • Rooms (Total): 1
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1

Exterior Features

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

Condo/Co-op/Association

  • 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
  • Units: 172
  • Total Stories: 54
  • Year Built: 2003

Tax Info

  • Tax Block: 00868
  • Tax Lot: 7503

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2004
Sold by
Rfd 425 Fifth Avenue L P
Bought by
Cho Sang Yoon and Cho Youngin
Current Estimated Value
$800,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Outstanding Balance
$147,614
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$653,361
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
Cho Sang Yoon $425,880 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cho Sang Yoon $315,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2025 05/30/25 Rented $3,500 0.0% --
05/21/2025 05/21/25 Under Contract -- -- --
03/24/2025 03/24/25 Price Changed $3,500 -2.8% $7 / Sq Ft
03/14/2025 03/14/25 For Rent $3,600 -- --
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 $6,161 $49,490 $9,557 $39,933
2024 $6,161 $49,278 $9,557 $39,721
2023 $6,024 $49,106 $9,557 $39,549
2022 $5,922 $48,402 $9,557 $38,845
2021 $5,681 $46,309 $9,557 $36,752
2020 $5,983 $51,271 $9,557 $41,714
2019 $5,780 $50,118 $9,557 $40,561
2018 $5,738 $51,483 $9,557 $41,926
2017 $5,314 $47,813 $9,558 $38,255
2016 $5,222 $44,464 $9,557 $34,907
2015 $2,446 $43,884 $9,558 $34,326
2014 $2,446 $41,335 $9,557 $31,778
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20009466

Real Estate Board of New York (REBNY)

APN: 0868-1550