NOT LISTED FOR SALE

425 5th Ave, Unit 46C New York, NY 10016

Garment District Neighborhood

Estimated Value: $704,148 - $890,000

-- Bed
1 Bath
-- Sq Ft
$673/mo HOA Fee

Last Sold February 28, 2020

Last sale price $795,000

Est. 3% increase in value since last sale

Current estimated payment $5,822/month

108 Days on Market

Highlights

  • River View
  • 4-minute walk to 5 Avenue-Bryant Park
  • Laundry Facilities
  • P.S. 116 Mary Lindley Murray Rated A-
  • 12,630 Sq Ft lot
  • 1-minute walk to Tilden Park

About This Home

As of February 2020

Views, Views, Views! Truly spectacular open southern exposure showcasing the Empire State Building, Chrysler Building, Freedom Tower, Statue of Liberty and the river! Prestigious Fifth Avenue condominium, come and see currently the best studio for sale in Midtown!

Designed by the acclaimed architect Michael Graves, 425 Fifth is a luxury full-service building with 24-hour doorman, concierge, live-in resident manager, gym, lap pool, steam & sauna, screening room, residents lounge, outdoor terrace, and business center. Perfectly located near Grand Central, Penn Station, Bryant Park, plus wonderful shops (including Whole Foods Supermarket) and restaurants.

Co-Listed By

Marco Martini

Martini Real Estate License #10491205555

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,760

Year Built

  • Built in 2003

Lot Details

  • 0.29

HOA Fees

  • $673 Monthly HOA Fees

Property Views

  • River

Home Design

  • Entry on the 46th floor

Bedrooms and Bathrooms

  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Community Details

Overview

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

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,760

Year Built

Built in 2003

Lot Details

0

HOA Fees

$673 per month

Listing Details

  • Exposures: East,South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Midtown South
  • Entry Level: 46
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 67

Interior Features

  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Living Area Units: Square Feet
  • Rooms (Total): 2

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1

Exterior Features

  • View: City, River
  • View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 673.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

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
  • Tax Annual: 8760.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2019
Closed on
Feb 28, 2020
Sold by
Heri 21 Inc
Bought by
425 Fifth Avenue 46C Llc
List Price
$920,000
Sold Price
$795,000
Premium/Discount to List
-$125,000
-13.59%
Current Estimated Value
$820,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,537
Avg. Annual Appreciation
0.57%

Purchase Details

Listed on
Nov 28, 2016
Closed on
Mar 21, 2017
Sold by
Das Noemi and Das Sajal
Bought by
Heri 21 Inc
Seller's Agent
Kimberly Jay
Compass
List Price
$899,000
Sold Price
$895,000
Premium/Discount to List
-$4,000
-0.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.95%

Purchase Details

Closed on
Mar 16, 2016
Sold by
Odeon Usa Inc
Bought by
Das Noemi and Das Sajal

Purchase Details

Closed on
Jan 22, 2010
Sold by
Usuquen Richard I
Bought by
Odeon Usa Inc

Purchase Details

Closed on
Jan 8, 2007
Sold by
Ruggiero Joseph J
Bought by
Usuquen Richard I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 15, 2004
Sold by
Rfd 425 Fifth Avenue L P and % Rfr Holding Llc And Davis & Partners
Bought by
Ruggiero Joseph J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
5.74%
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
425 Fifth Avenue 46C Llc $795,000 --
Heri 21 Inc $895,000 --
Das Noemi $780,000 --
Odeon Usa Inc $690,000 --
Odeon Usa Inc $690,000 --
Usuquen Richard I $625,000 --
Usuquen Richard I $625,000 --
Ruggiero Joseph J $507,088 --
Ruggiero Jr Joseph J $507,088 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Usuquen Richard I $325,000
Previous Owner Ruggiero Jr Joseph J $322,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/20/2022 04/20/22 Off Market $795,000 -- --
02/28/2020 02/28/20 Sold $795,000 -13.6% --
01/22/2020 01/22/20 Pending -- -- --
10/05/2019 10/05/19 For Sale $920,000 0.0% --
11/14/2017 11/14/17 Rented -- -- --
10/15/2017 10/15/17 Under Contract -- -- --
09/11/2017 09/11/17 For Rent $3,200 0.0% --
03/21/2017 03/21/17 Sold $895,000 -0.4% $1,708 / Sq Ft View Prior Sale
02/19/2017 02/19/17 Pending -- -- --
12/02/2016 12/02/16 For Sale $899,000 0.0% $1,716 / Sq Ft
03/12/2013 03/12/13 Rented -- -- --
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 $9,388 $75,415 $14,562 $60,853
2024 $9,388 $75,092 $14,562 $60,530
2023 $9,179 $74,830 $14,562 $60,268
2022 $9,024 $73,756 $14,562 $59,194
2021 $8,656 $70,566 $14,562 $56,004
2020 $9,118 $78,128 $14,562 $63,566
2019 $8,808 $76,371 $14,562 $61,809
2018 $8,677 $78,450 $14,562 $63,888
2017 $8,097 $72,858 $14,562 $58,296
2016 $7,958 $67,754 $14,562 $53,192
2015 $3,728 $66,870 $14,562 $52,308
2014 $3,728 $62,988 $14,562 $48,426
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller Co-Listing Agent in 2020

    Marco Martini

    Martini Real Estate

    (917) 771-4312

    4 Total Sales

    Marco Martini
    Section Image
  • Kimberly Jay

    Seller's Agent in 2017

    Kimberly Jay

    Compass

    (917) 861-3617

    14 Total Sales

    Kimberly Jay
    Section Image
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About This Building

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10592764

Real Estate Board of New York (REBNY)

APN: 0868-1656

New York New York County New York 10016 Garment District

425 5th Ave Unit 46C, New York, NY

This home is located at 425 5th Ave Unit 46C, New York, NY 10016 since 19 March 2019 and is currently estimated at $820,537. This property was built in 2003. 425 5th Ave Unit 46C 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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