NOT LISTED FOR SALE

425 5th Ave, Unit 41B Floor 41 New York, NY 10016

Garment District Neighborhood

Estimated Value: $1,311,000 - $1,568,000

1 Bed
1.5 Baths
1,125 Sq Ft
2003 Built

Sale Details

Date Sold: January 24, 2024

Last sale price $1,530,000 $1,360 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $10,486 / mo

156 Days on Market

Highlights

  • Concierge
  • Indoor Pool
  • River View
  • Steam Room
  • Rooftop Deck
  • Green Building

About This Home

As of January 2024

Stunning high floor apartment with oversize living/dining and bedroom. The view and light are magnificent with South and East, sunny city and river views with oversize windows and corner exposure. The kitchen is equipped with ample storage, top of the line appliances, and washer/dryer. The large primary bath has a separate stall shower and and soaking bathtub. The powder room is lovely and well located adjacent to the entry hall. Ceilings are high and closet space is abundant. This apartment is a quintessential and quiet urban oasis.

Building amenities include a sun terrace, screening room, resident indoor and outdoor lounges, swimming pool, conference center, gym, concierge and doorperson as well as a resident manager.
425 Fifth Avenue is in a terrific midtown location with restaurants galore, great shopping, transportation options with proximity to Grand Central, Penn Station, Bryant Park, The iconic public library, and theater. Whole Foods market is nearby as well.
The building design is by acclaimed architect, Michael Graves.
There is an ongoing assessment for capital improvements, $129.49 per month. Monthly common charges are only $1386.80.
Leased through 08/16/2024.

Last Agent to Sell the Property

Tamara Shaoul

Corcoran Group License #30SH0539999 Listed on: 11/28/2023

Corcoran Group

Co-Listed By

Stuart Moss

Corcoran Group License #10301200736

Last Buyer's Agent

Ingrid Garcia

Serhant License #10401374020

Serhant

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,488

Year Built

  • Built in 2003

HOA Fees

  • $1,387 Monthly HOA Fees

Property Views

  • River

Home Design

  • Entry on the 41st floor

Interior Spaces

  • 1,125 Sq Ft Home
  • Dining Area

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Laundry in unit
  • Washer Dryer Allowed
  • Washer and Dryer Hookup

Eco-Friendly Details

  • Green Building
  • Smoke Free Home

Additional Features

  • Indoor Pool
  • No Cooling

Listing and Financial Details

  • Legal Lot and Block 1628 / 00868

Community Details

Overview

  • 172 Units
  • High-Rise Community
  • 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
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,488

Year Built

Built in 2003

Lot Details

0 Sq Ft Lot

HOA Fees

$1,387 per month

Listing Details

  • Exposures: East,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Midtown
  • Entry Level: 41
  • Structure Type: High Rise
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 54

Interior Features

  • Interior Features: Dining Area, Smoke Free
  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area: 1125.0
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathrooms Integer: 2
  • Bedrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Building Other, Washer Hookup, In Unit
  • 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: 1387.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Building Info

  • New Construction: No
  • Building Name: 425 FIFTH AVENUE
  • Units: 172
  • Total Stories: 54
  • Year Built: 2003

Rental Info

  • Land Lease: No

Tax Info

  • Tax Block: 00868
  • Tax Lot: 1628
  • Tax Annual: 13488.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2023
Closed on
Jan 24, 2024
Sold by
Bought by
Seller's Agent
Tamara Shaoul
Corcoran Group
Buyer's Agent
Ingrid Garcia
Serhant
List Price
$1,575,000
Sold Price
$1,530,000
Premium/Discount to List
-$45,000
-2.86%
Views
18
Current Estimated Value
$1,446,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$83,037
Avg. Annual Appreciation
-2.19%

Purchase Details

Closed on
Jan 20, 2011
Sold by
Bought by

Purchase Details

Closed on
May 25, 2005
Sold by
Bought by

Purchase Details

Closed on
May 11, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.88%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Garment District, NY

  • Dan Patsis Real Estate Agent - POLJAN PROPERTIES INC

    Dan Patsis

    Responds Quickly

    POLJAN PROPERTIES INC

    (917) 525-4631

    68 Total Sales

    1 in Garment District

    $1,625,000 Price

    Dan Patsis
     Section Image
  • Gino Filippone Real Estate Agent - Corcoran Group

    Gino Filippone

    Corcoran Group

    (424) 238-2789

    68 Total Sales

    2 in Garment District

    $990K - $1.5M Price Range

    Gino Filippone
     Section Image
  • Andreea Miller Real Estate Agent - Corcoran Group

    Andreea Miller

    Corcoran Group

    (833) 556-7371

    49 Total Sales

    1 in Garment District

    $1,095,000 Price

    Andreea Miller
     Section Image
  • Ezra Schatz Real Estate Agent - Corcoran Group

    Ezra Schatz

    Corcoran Group

    (717) 594-9805

    22 Total Sales

    1 in Garment District

    $445,000 Price

    Ezra Schatz
     Section Image
  • Gerald Gemignani Real Estate Agent - Corcoran Group

    Gerald Gemignani

    Corcoran Group

    (844) 409-2928

    37 Total Sales

    1 in Garment District

    $795,000 Price

    Gerald Gemignani
     Section Image
  • Gregory Mire Real Estate Agent - Compass

    Gregory Mire

    Responds Quickly

    Compass

    (877) 764-8967

    175 Total Sales

    2 in Garment District

    $655K - $1.3M Price Range

    Gregory Mire
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,530,000 --
$1,240,000 --
$1,300,000 --
$916,425 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $650,000
Closed $650,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/24/2024 01/24/24 Sold $1,530,000 -2.9% $1,360 / Sq Ft
11/20/2023 11/20/23 Pending -- -- --
06/16/2023 06/16/23 For Sale $1,575,000 -- $1,400 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $13,846 $113,792 $21,392 $92,400
2025 $13,789 $110,770 $21,392 $89,378
2024 $13,789 $110,298 $21,392 $88,906
2023 $13,483 $109,913 $21,392 $88,521
2022 $13,255 $108,334 $21,392 $86,942
2021 $12,715 $103,649 $21,392 $82,257
2020 $13,392 $114,755 $21,392 $93,363
2019 $12,938 $112,175 $21,392 $90,783
2017 $11,894 $107,014 $21,392 $85,622
Source: Public Records

Agents Affiliated with this Home

  • Tamara Shaoul Real Estate Agent - Corcoran Group

    Seller's Agent in 2024

    Tamara Shaoul

    Corcoran Group

    (212) 572-3160

    1 in this area

    41 Total Sales

    Tamara Shaoul
    Section Image
  • Stuart Moss Real Estate Agent - Corcoran Group

    Seller Co-Listing Agent in 2024

    Stuart Moss

    Corcoran Group

    (646) 642-0603

    1 in this area

    19 Total Sales

    Stuart Moss
    Section Image

  • I

    Buyer's Agent in 2024

    Ingrid Garcia

    Serhant

    (917) 519-0295

    1 in this area

    6 Total Sales

    Ingrid Garcia
    Section Image
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About This Building

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10928950

Real Estate Board of New York (REBNY)

APN: 0868-1628

New York New York County New York 10016 Garment District

425 5th Ave Unit 41B, New York, NY

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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. ©2026 The Real Estate Board of New York, Inc., All rights reserved.

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