Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $3,700,000

Listed at $3,795,000 · Sold 2.5% below asking · Closed April 30, 2021

141 5TH Avenue #5C
Closed For Sale Condo

$3,795,000

$2,149 per sq ft

141 5TH Avenue #5C

Flatiron, Manhattan

141 Fifth

MLS® #RLS10652866

RLS at REBNY

Listing by The Corcoran Group

2

Bedrooms

2.5

Baths

1,766

Sq. Ft.

1900

Year Built

Quick Summary

Bedrooms 2
Bathrooms 3 full, 1 half
Living Area 1,766 sq ft
Year Built 1900
Ownership Condo
HOA/Common Charges $2,440/mo
Property Taxes $35,508/yr
Neighborhood Flatiron
Floor 5 of 15

Property Highlights

  • Exposure: North,West facing
  • Outdoor Space: Building Terrace
  • Style: Prewar architecture

Property Details

Type Condo
Ownership Condominium
Total Rooms 5
Baths 2 Full, 1 Half
Floor 5 of 15
Exposure North,West
Cooling Central Air
Pets Yes
Cross Street Fifth Avenue & West 21st Street
Year Built 1900
Living Area 1,766 sq ft
Architectural Style Prewar

Listing History

Event Date Price Change
Listed Jul 22, 2020 $4,250,000 -
Currently May 18, 2026 $3,795,000 -10.7%

Description

This coveted corner 2 bedroom, 2.5 bath loft seamlessly blends prewar grandeur with modern, top-of-the-line finishes and custom details creating a truly special home in the former Merchant's Bank of New York, located in the heart of Flatiron. Through the foyer, enter the elegant 1,766 square foot residence. The impressive scale of the great room is accentuated by 10.5 foot ceilings and 8 oversized windows that wrap around the large living space. The curved plate glass bay window creates an inviting dining space fit for formal or casual entertaining. Dramatic espresso-stained, wide-plank oak floors run throughout. The English style open kitchen is outfitted with hand-painted cabinetry, a walnut and marble island with breakfast bar, fully-vented 6-burner Wolf range, glass door Sub-Zero fridge, an additional Sub-Zero wine fridge and Miele coffee system. Enjoy the calm indoors and your own private wing with the ideal split bedroom layout. The gracious primary suite features two large closets, including one walk-in built out with custom shelving and drawers. Luxuriate in the tranquil en-suite bathroom with an oversized Waterworks freestanding tub, stall shower, double vanity, mosaic marble floors and Waterworks fixtures. The second bedroom is also generously proportioned and serviced by another full marble bath. Additionally, there is a powder room right off the foyer, as well as an alcove with beautiful, custom-built bookshelves that was previously a home office and could easily be converted back. Additional conveniences include a washer/dryer, central A/C, built-in sound system and motorized shades throughout. Built in 1897, this Beaux Arts classic with a unique curved facade, copper cupola and terra cotta detailing, was converted to a boutique loft condominium with 24-hour doorman, live-in superintendent, and gorgeous roof terrace. Located in the center of Flatiron, you are surrounded by landmarks like the Ladies Mile Historic District, Madison Square Park, Union Square Park, and some of the best restaurants, shopping and entertainment the city has to offer.

Features & Amenities

Interior Features

Den Entrance Foyer Building Washer Dryer Install Allowed Common Area

Exterior Features

Building Roof Deck Building Terrace

Appliances

Dryer Washer

Building Information

Financial Details

Common Charges $2,440/mo
RE Taxes $35,508/yr ($2,959/mo)
Original Price $4,250,000
Sale Price $3,700,000

The Flatiron District is a busy intersection of history, technology, and luxury living. Named after the iconic Flatiron Building, the neighborhood is centered around Madison Square Park and is a hub for the city's 'Silicon Alley.' The real estate market is famous for its grand cast-iron loft buildings with high ceilings and expansive floor plans, alongside ultra-luxury glass towers that offer modern amenities and central Manhattan convenience.

Flatiron Live Market Data

View Neighborhood

Active Listings

139

Median Asking Price

$2.42M

Median $/Sqft

$1,788

Avg Days on Market

N/A

New This Week

12

Price Reduced

32%

Sold (30 Days)

4

Median Sale Price

$1.55M

Live data from RLS at REBNY • Updated 5/18/26, 7:09 PM EST

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Location

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141 5TH Avenue #5C, Flatiron, New York County • Near Fifth Avenue & West 21st Street

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1900
Year Built
126 years old
15
Floors
34
Residential Units
C6-4M
Zoning District
Condominiums Historic District: Ladies' Mile Historic District

Tax & Assessment

Assessed Value: $15,616,802
Land Value: $4,532,849
Exemptions: $0

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

Lot Area: 8,460 SF
Building Area: 82,363 SF
Built FAR: 9.74
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 $2,440 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $35,508, or roughly $2,959 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 2 full bathrooms and 1 half bathroom.

The listed interior living area is 1,766 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1900, making it approximately 126 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 $3,795,000 for 1,766 sq ft, the asking price per square foot is approximately $2,149. 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: RLS10652866
First Listed: 7/22/2020
Closed: 4/30/2021
Contract Date: 7/29/2020

Listing Courtesy of The Corcoran Group - Max Nehrig

Listing Contact: (646) 789-2252

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 5/18/2026 at 11:09 PM UTC

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