$2,288,000
$400K PRICE DROP

425 5th Ave, Unit 47AB Floor 47 New York, NY 10016

Garment District Neighborhood

Estimated payment $16,845/month

Total Views 7,266
2 Beds
2 Baths
1,600 Sq Ft
$1,430 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

Your Gorgeous home/pied-e-terre, or investment. It's in the Sky with INCREDIBLE Light & Views.

This Boutique, Full Service Luxury Condo is Beautiful, Rare & Renovated ! 1600 sf combo unit-Nice layout- 500 sf primary bedroom suite with s/e/w views - Smack in the Middle of Manhattan -wait until you see this corner view!

Ooh la la and XX storage with a Wall of Built- In Closets. 2nd bedroom has en suite bath and fabulous Views from both.

first Buyers Broker 2.5 percent.

Come See It, You'll be Glad you did!

Listing Agent

Karen Giaquinto

Berkshire Hathaway HomeServices New York Properties License #30GI0930190 Listed on: 09/09/2024

Berkshire Hathaway HomeServices New York Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $24,424

Year Built

  • Built in 2003

HOA Fees

  • $2,727 Monthly HOA Fees

Home Design

  • Entry on the 47th floor

Interior Spaces

  • 1,600 Sq Ft Home
  • Washer Dryer Allowed

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Indoor Pool
  • No Cooling

Listing and Financial Details

  • Tax Block 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
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$24,424

Year Built

Built in 2003

Lot Details

0

HOA Fees

$2,727 per month

Listing Details

  • Exposures: East,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Midtown
  • Entry Level: 47
  • Structure Type: High Rise
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 54

Interior Features

  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area: 1600.0
  • 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, 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: 2727.0
  • 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
  • Units: 172
  • Total Stories: 54
  • Year Built: 2003

Rental Info

  • Land Lease: No

Tax Info

  • Tax Block: 00868
  • Tax Lot: 0000

Map

About This Building

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
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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 $24,424 $196,201 $37,886 $158,315
2024 $24,424 $195,361 $37,886 $157,475
2023 $23,881 $194,680 $37,886 $156,794
2022 $23,418 $191,882 $37,886 $153,996
2021 $22,520 $183,584 $37,886 $145,698
2020 $23,555 $203,256 $37,886 $165,370
2019 $22,729 $198,686 $37,886 $160,800
2018 $22,634 $204,095 $37,887 $166,208
2017 $21,068 $189,545 $37,886 $151,659
2016 $20,705 $176,269 $37,886 $138,383
2015 $9,796 $173,970 $37,886 $136,084
2014 $9,796 $163,867 $37,887 $125,980
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2025 10/01/25 Price Changed $2,288,000 +2.2% $1,430 / Sq Ft
09/15/2025 09/15/25 Price Changed $2,238,000 -6.3% $1,399 / Sq Ft
07/24/2025 07/24/25 Price Changed $2,388,000 -0.5% $1,493 / Sq Ft
06/18/2025 06/18/25 Price Changed $2,400,000 -7.3% $1,500 / Sq Ft
03/17/2025 03/17/25 Price Changed $2,588,000 0.0% $1,618 / Sq Ft
10/07/2024 10/07/24 Rented $8,500 0.0% --
09/25/2024 09/25/24 For Rent $8,500 0.0% --
09/25/2024 09/25/24 Off Market $8,500 -- --
09/09/2024 09/09/24 For Sale $2,688,000 0.0% $1,680 / Sq Ft
07/22/2024 07/22/24 Price Changed $8,500 +849900.0% $5 / Sq Ft
06/24/2024 06/24/24 For Rent $1 -- --
Source: Real Estate Board of New York (REBNY)

Purchase History

Date Type Sale Price Title Company
Deed -- --
Deed -- --
Deed -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $5,922 Purchase Money Mortgage
Source: Public Records

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS11007802

Real Estate Board of New York (REBNY)

APN: 0868-1607

New York New York County New York 10016 Garment District

425 5th Ave Unit 47AB, New York, NY

For Sale

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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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Karen Giaquinto
Listing Agent
Karen Giaquinto
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Berkshire Hathaway HomeServices New York Properties
(212) 891-7000