Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,400,000

· Closed August 11, 2022

425 5TH Avenue #48A
Closed For Sale Condo

$1,400,000

$1,469 per sq ft

425 5TH Avenue #48A

Murray Hill Kips Bay, Manhattan

null

MLS® #RLS10855975

RLS at REBNY

Listing by Douglas Elliman Real Estate

1

Bedroom

1.5

Baths

953

Sq. Ft.

2006

Year Built

Quick Summary

Bedrooms 1
Bathrooms 2 full, 1 half
Living Area 953 sq ft
Year Built 2006
Ownership Condo
HOA/Common Charges $1,168/mo
Property Taxes $10,440/yr
Neighborhood Murray Hill Kips Bay
Floor 48 of 56

Property Highlights

  • Exposure: East,North facing

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full, 1 Half
Floor 48 of 56
Exposure East,North
Pets Yes
Year Built 2006
Living Area 953 sq ft
Parcel # 0868-1608

Listing History

Event Date Price Change
Listed Apr 13, 2022 $1,438,000 -
Currently May 15, 2026 $1,400,000 -2.6%

Description

Rarely Available XX Mint Condition - This Gorgeous 48th floor 1 bedroom, 1.5 bathroom in New York's iconic Midtown neighborhood is a must see. This residence has sweeping views of NYC with North East Exposures. Beautiful Brazilian cherry wood floors throughout. The master bedroom's with en-suite bath has a deep soak tub and separate shower. The apartment's kitchen contains top-of-the-line subzero and Miele stainless steel appliances, granite counter tops and has many windows with wonderful eastern light. The Building amenities at 425 Fifth Avenue are impressive. The building is equipped with full-time doorman, party and event space, children's playroom, meeting room, gym, pt pool and steam room and an outdoor patio.
Tax Assessment is $111.26

Building Information

Financial Details

Common Charges $1,168/mo
RE Taxes $10,440/yr ($870/mo)
Original Price $1,438,000
Sale Price $1,400,000
Previous Price $1,438,000

About Murray Hill Kips Bay

View All Murray Hill Kips Bay Listings

Murray Hill-kips Bay features a blend of architecture, including brownstones and high-rise co-ops. The neighborhood is accessible via major subway transit lines. Property elements include local parks and architecturally distinctive waterfront views of the East River and Kips Bay.

Murray Hill Kips Bay Live Market Data

View Neighborhood

Active Listings

0

Median Asking Price

N/A

Median $/Sqft

N/A

Avg Days on Market

N/A

New This Week

0

Price Reduced

N/A

Sold (30 Days)

0

Median Sale Price

N/A

Live data from RLS at REBNY • Updated 5/14/26, 10:54 PM EST

Recently Sold in Murray Hill Kips Bay

View All

Location

Loading map...

425 5TH Avenue #48A, Murray Hill Kips Bay, New York County

Floor Plans

Floor Plan 1
Floor Plan 2

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 $1,168 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $10,440, or roughly $870 per month. Verify the current assessment with your attorney before closing.

This property has 1 bedroom and 1 full bathroom and 1 half bathroom.

The listed interior living area is 953 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2006, making it approximately 20 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.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $1,400,000 for 953 sq ft, the asking price per square foot is approximately $1,469. 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: RLS10855975
First Listed: 4/13/2022
Price Changed: 8/12/2022
Closed: 8/11/2022
Contract Date: 4/13/2022

Listing Courtesy of Douglas Elliman Real Estate - Paras Kansra

Listing Contact: (929) 204-3164

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 5/15/2026 at 2:54 AM UTC

Buying a Condo? Start Here

Co-op vs. Condo: Which Is Right for You?

Ownership structure, board approval, financing: the full comparison.

Read article

Condo Due Diligence Checklist

What to review before signing: financials, reserve fund, offering plan.

Read article

How to Read a Condo Offering Plan

Decode the offering plan before you commit to any new development.

Read article

NYC Mansion Tax: 2026 Guide

How the tiered mansion tax works for purchases over $1M.

Read article

Interested in this property?

Your info is secure and never shared.

View Active Listings Call Milton