Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $2,800,000

· Closed August 16, 2018

425 5TH Avenue #49B
Closed For Sale Condo

$2,800,000

$1,763 per sq ft

425 5TH Avenue #49B

Midtown, Manhattan

MLS® #RLS10798192

RLS at REBNY

Listing by CORE Group Marketing, LLC

2

Bedrooms

2.5

Baths

1,588

Sq. Ft.

2003

Year Built

Quick Summary

Bedrooms 2
Bathrooms 3 full, 1 half
Living Area 1,588 sq ft
Lot Size 12,630 sq ft
Year Built 2003
Ownership Condo
HOA/Common Charges $1,846/mo
Property Taxes $43,728/yr
Neighborhood Midtown
Floor 49 of 67

Property Highlights

  • Views: City, Park Greenbelt, River
  • Exposure: North,South,West facing
  • Outdoor Space: Balcony

Property Details

Type Condo
Ownership Condominium
Total Rooms 8
Baths 2 Full, 1 Half
Floor 49 of 67
View City, Park Greenbelt, River
Exposure North,South,West
Pets Yes
Year Built 2003
Living Area 1,588 sq ft
Lot Size 12,630 sq ft
Parcel # 0868-1635

Listing History

Event Date Price Change
Listed Apr 6, 2018 $3,200,000 -
Currently Jun 2, 2026 $2,800,000 -12.5%

Description

All offers welcome! This 1588 square-foot residence boasts a 550-square-foot private wraparound terrace with breathtaking sweeping city views including: Empire State Building, Bryant Park, Freedom Tower, Statue of Liberty and East River and Hudson River views. Located on the 49th floor of a white glove Midtown condominium building, this high floor apartment was previously a 3-bedroom but is currently configured as a 2-bedroom, 2.5-bathroom and features hardwood floors, incredible closet space, an in-unit washer/dryer and central AC. The windowed kitchen includes cherry wood cabinets, Miele stove and dishwasher, Sub-Zero refrigerator, black granite countertops and Kohler fixtures. The marble bathrooms feature heated towel bars, steam showers, Italian tiles, and Dornbracht faucets, with master bath including a Jacuzzi tub. With northern, western and southern exposures, this apartment receives an abundance of natural light throughout. 425 Fifth Avenue features a variety of amenities including a 24-hour doorman, private storage, children's room, laundry room, entertainment room, as well as an indoor pool and health club. Pets are permitted.

Features & Amenities

Interior Features

Separate Formal Dining Room Entrance Foyer Building Washer Dryer Install Allowed Common Area

Exterior Features

Balcony Building Roof Deck Balcony

Appliances

Dryer Washer Dryer Allowed Washer

Building Information

Financial Details

Common Charges $1,846/mo
RE Taxes $43,728/yr ($3,644/mo)
Original Price $3,200,000
Sale Price $2,800,000

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

226

Median Asking Price

$1.91M

Median $/Sqft

$1,699

Avg Days on Market

N/A

New This Week

9

Price Reduced

35%

Sold (30 Days)

14

Median Sale Price

$1.45M

Live data from RLS at REBNY • Updated 6/2/26, 9:20 AM EST

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Location

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425 5TH Avenue #49B, 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 $1,846 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $43,728, or roughly $3,644 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 1,588 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.

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

At the current list price of $2,800,000 for 1,588 sq ft, the asking price per square foot is approximately $1,763. 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: RLS10798192
First Listed: 4/6/2018
Closed: 8/16/2018
Contract Date: 4/6/2018

Listing Courtesy of CORE Group Marketing, LLC - Elizabeth Kee

Listing Contact: (917) 613-8686

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 6/2/2026 at 1:20 PM UTC

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