Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,169,500

· Closed April 22, 2024

425 5TH Avenue #28A
Closed For Sale Condo

$1,169,500

$1,480 per sq ft

425 5TH Avenue #28A

Midtown, Manhattan

425 FIFTH AVENUE

MLS® #RLS10950631

RLS at REBNY

Listing by Corcoran Group

1

Bedroom

1

Bath

790

Sq. Ft.

2003

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 790 sq ft
Year Built 2003
Ownership Condo
HOA/Common Charges $1,035/mo
Property Taxes Contact for details
Neighborhood Midtown
Floor 28 of 54

Property Highlights

  • Views: City Lights, City, Panoramic
  • Exposure: East,North facing
  • Outdoor Space: Deck, Terrace, Wrap Around, Balcony

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full
Floor 28 of 54
View City Lights, City, Panoramic
Exposure East,North
Pets Yes
Year Built 2003
Living Area 790 sq ft
Structure Type HighRise
Basement Other
Parcel # 0868-1516
Block/Lot 00868/1516

Listing History

Event Date Price Change
Listed Dec 11, 2023 $1,199,000 -
Currently May 8, 2026 $1,169,500 -2.5%

Description

Fantastic Fifth Avenue Terrace
---
Listed for the first time since the luxury condo offering, Residence 28A is a breathtaking corner-unit floating high above Fifth Avenue encased in oversized windows with a marvelous private terrace.

This highly coveted home boasts 91 square feet of outdoor space, a rare feature that only 8 other apartments can claim in this iconic 175-unit building designed by the celebrated architect, Michael Graves.

Enjoy endless hits of natural light and phenomenal skyline views to the north and east, including the New York Public Library and Bryant Park. There is no shortage of splendor in this 1-bed 1-bath oasis, a quintessentially New York experience inside and out.

The spacious primary bedroom features an en-suite bathroom with a soaking tub and separate standing jet stream shower. It all comes together to create a serene retreat in the center of the world. The bright and airy windowed kitchen is composed of cherry wood cabinets, GE profile and Frigidaire appliances, black granite counter tops and Kohler fixtures. Great closets are found throughout the apartment and the generous floor plan easily accommodates additional storage.

425 fifth Ave is a white glove condominium with a 24 hour attended lobby concierge to manage all your personal needs and valet services. From the moment you enter the building - from its very own vest-pocket park - you experience a true sense of luxury, beginning with an elliptical lobby detailed in burled wood and marble. The building boasts several lifestyle and wellness amenities on 3 full floors, including a full-scale health and wellness club with a lap pool, sauna, steam room and massage therapy rooms, as well as a state-of-the-art fitness center with a wrap-around sun terrace. It also features a playroom, exclusive cinema room, business center and laundry room. W/D are permitted in apartments with approval.

The building is conveniently located at Fifth Avenue and East 38th Street, giving easy access to some of the most popular attractions in New York City. Bryant Park, the New York Public Library, Grand Central, major transportation, local restaurants, upscale boutiques on Fifth and Madison Ave., the Morgan library Museum, Saks Fifth Avenue and Rockefeller Plaza are just a few of the highlights. Pets are permitted.

Features & Amenities

Interior Features

Dining Area Smoke Free Building Other

Exterior Features

Building Courtyard Balcony Building Roof Deck Deck Terrace Wrap Around Balcony

Building Amenities

Common Playroom Concierge Elevators Game Room Green Building Indoor Pool Screening Room Steam Room

Appliances

Washer Dryer Allowed

Building Information

Financial Details

Common Charges $1,035/mo
RE Taxes Contact for details
Original Price $1,199,000
Sale Price $1,169,500
Previous Price $1,199,000

Midtown Manhattan is the city's primary commercial and transit hub, home to Grand Central Terminal, Rockefeller Center, Bryant Park, and the Empire State Building. The residential market features luxury condo towers, classic pre-war cooperatives, and postwar doorman buildings served by nearly every subway line in the system. Properties range from high-floor units with skyline panoramas to well-maintained co-ops along the tree-lined side streets east and west of Fifth Avenue.

Midtown Live Market Data

View Neighborhood

Active Listings

203

Median Asking Price

$1.97M

Median $/Sqft

$1,694

Avg Days on Market

N/A

New This Week

3

Price Reduced

30%

Sold (30 Days)

20

Median Sale Price

$2.17M

Live data from RLS at REBNY • Updated 5/8/26, 4:31 AM EST

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Location

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425 5TH Avenue #28A, Midtown, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

2003
Year Built
23 years old
54
Floors
172
Residential Units
C5-3
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $34,564,488
Land Value: $4,502,232
Exemptions: $16,030

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 12,630 SF
Building Area: 209,528 SF
Built FAR: 16.59
Allowed FAR: 10

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $1,035 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 1 bedroom and 1 full bathroom.

The listed interior living area is 790 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2003, making it approximately 23 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pet policy requires confirmation with the listing broker.

At the current list price of $1,169,500 for 790 sq ft, the asking price per square foot is approximately $1,480. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10950631
First Listed: 12/13/2023
On Market: 12/11/2023
Price Changed: 4/22/2024
Closed: 4/22/2024
Contract Date: 12/13/2023

Listing Courtesy of Corcoran Group - David Palmieri

Listing Contact: (631) 525-2729

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing 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. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/8/2026 at 8:31 AM UTC

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