$8,300,000
SOLD MAR 5, 2024
2 Beds
2.5 Baths
1,304 Sq Ft
$4,833/mo HOA Fee

Recently Sold

$6,365 Per Sq Ft

829,999,900% Above List Price

Highlights

  • Concierge
  • 1-minute walk to 5 Avenue-53 Street
  • New Construction
  • P.S. 59 Beekman Hill International Rated A
  • Indoor Pool
  • 3-minute walk to Channel Gardens

About This Home

As of March 2024

Introducing Mandarin Oriental Residences, located on Fifth Avenue, just steps away from Central Park.

LIVE in unparalleled luxury. Step into a world of refined elegance and Mandarin Oriental service, where every detail has been meticulously crafted to create a sanctuary of comfort and sophistication. Each fully furnished and appointed residence is designed to provide the perfect balance of functionality and aesthetics.

DINE with extraordinary culinary experiences. Curated by world-renowned chef Daniel Boulud. From intimate meals in the privacy of your own residence to unforgettable gastronomic adventures at Boulud Priv , your taste buds will be treated to an exceptional journey of flavors.

RELAX in an oasis of tranquility that transcends your expectations. Mandarin Oriental Residences Fifth Avenue's indulgent amenities were designed to embrace and enhance your wellbeing and provide you with ultimate relaxation. Enjoy your lavish spa, the rooftop pool overlooking Central Park, and the state-of-the-art fitness center outfitted by Technogym.

EXPERIENCE the privileges of the rooftop, a residents-only club, where Mandarin Oriental delivers a haven of exclusivity and personalized service. Delight in a world where your every need is catered to and where an attentive Mandarin Oriental staff anticipates your desires.

Welcome to Mandarin Oriental Residences, Fifth Avenue.

The complete terms are in an offering plan available from the Sponsor (File. No: CD19-0040)

Co-Listed By

Jade Chan

Douglas Elliman Real Estate License #10401261285

Douglas Elliman Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $31,128

Year Built

  • Built in 2022 | New Construction

HOA Fees

  • $4,833 Monthly HOA Fees

Interior Spaces

  • 1,304 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in unit
  • Washer Dryer Allowed

Outdoor Features

  • Indoor Pool
  • Juliet Balcony
  • Terrace
  • Wrap Around Porch

Utilities

  • No Cooling

Listing and Financial Details

  • Legal Lot and Block 7501 / 01289

Community Details

Overview

  • 69 Units
  • High-Rise Condominium
  • Mandarin Oriental Condos
  • Midtown East Subdivision
  • 30-Story Property

Amenities

  • Concierge
  • Rooftop Deck

Property Details

Home Type

Condominium

Est. Annual Taxes

$31,128

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$4,833 per month

Listing Details

  • Exposures: North,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Midtown East
  • Entry Level: 17
  • Structure Type: High Rise
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 30

Interior Features

  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area: 1304.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Integer: 3
  • Bedrooms: 2

Exterior Features

  • View: City, Park/Greenbelt
  • View: Yes
  • Exterior Features: Building Roof Deck, Juliet Balcony
  • Patio/Porch Features: Terrace, Wrap Around

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building None, Building Washer Dryer Install Allowed, In Unit
  • Green Building Features: Concierge, Elevator(s), Green Building, Indoor Pool, Sauna, Spa/Hot Tub
  • Cooling: Other
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 4833.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: Yes
  • Building Name: MANDARIN ORIENTAL
  • Community Features: Sauna
  • Units: 69
  • Spa Features: Sauna
  • Total Stories: 30
  • Year Built: 2022

Rental Info

  • Land Lease: No

Tax Info

  • Tax Block: 01289
  • Tax Lot: 7501
  • Tax Annual: 31128.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2023
Closed on
Mar 5, 2024
Sold by
Bsd 685 New York Propco Llc
Bought by
685 Fifth Avenue Unit17a Corp
List Price
$1
Sold Price
$8,300,000
Premium/Discount to List
$8,299,999
829999900%
Views
19

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-24.34%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $8,300,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2024 10/04/24 For Sale $8,995,000 +8.4% $6,898 / Sq Ft
03/05/2024 03/05/24 Sold $8,300,000 +829999900.0% $6,365 / Sq Ft
06/20/2023 06/20/23 Pending -- -- --
06/20/2023 06/20/23 For Sale $1 -- $0 / Sq Ft
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
2024 $42,611 $340,832 $85,263 $255,569
2023 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10939603

Real Estate Board of New York (REBNY)

APN: 6201-0000-01289-000-0001047