Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $2,800,000

Listed at $3,495,000 · Sold 19.9% below asking · Closed October 26, 2023

721 5th Avenue #48K
Closed For Sale Condo

$3,495,000

$1,959 per sq ft

721 5th Avenue #48K

Midtown, Manhattan

Trump Tower

MLS® #RLS10914686

RLS at REBNY

Listing by Keller Williams NYC

2

Bedrooms

2.5

Baths

1,784

Sq. Ft.

1983

Year Built

Quick Summary

Bedrooms 2
Bathrooms 3 full, 1 half
Living Area 1,784 sq ft
Year Built 1983
Ownership Condo
HOA/Common Charges $4,076/mo
Property Taxes $52,560/yr
Parking Valet
Neighborhood Midtown
Floor 48

Property Highlights

  • Views: Park Greenbelt
  • Exposure: North facing
  • Climate Control: Central Air

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 2 Full, 1 Half
Floor 48
View Park Greenbelt
Exposure North
Heating Central
Cooling Central Air
Pets Yes
Cross Street East 56th Street
Year Built 1983
Living Area 1,784 sq ft
Parking Features Valet
Structure Type None
Flooring Hardwood
Furnished Unfurnished
Parcel # 1292-1149
Block/Lot 01292/1149

Listing History

Event Date Price Change
Listed Aug 1, 2023 $3,495,000 -
Currently Jun 2, 2026 $3,495,000 -

Description

A sought after K line in Trump Tower, Apt. 48K, originally a 1,784 sq.ft. two bedroom, two and one-half bathroom apartment has been beautifully designed and totally reimagined to accommodate a sophisticated lifestyle. Entering the large foyer with three closets and a stunning marble floor depicting an elegant floral design, you are immediately met with spectacular views of Central Park through huge windows which draw you into the spacious well-appointed living room. Continuing through the living room on the beautiful wide plank herringbone wood flooring, the space opens into a dining room with a wall of custom cabinetry for display and storage. The large area easily fits an eight person dining table and allows for an enchanting view of Central Park while entertaining guests. Through the sliding double doors in the dining room you can enter the den with its beautiful wood paneled walls, office area and discretely positioned exquisite half bath. A second doorway leads to a full onyx bath and an exercise area.

To the left of the foyer lies a hallway leading to the spacious kitchen with top of the line stainless steel appliances, cherry wood cabinetry and granite countertops. The kitchen also has a lovely counter area which seats two. Off the hallway is a closet with a washer/dryer, the alternative entrance to the den, full bath and workout area.

To the right of the foyer is the primary bedroom wing which holds the graciously sized bedroom with direct views of Central Park, custom cabinetry as well as two walk-in closets in the hallway leading to the chamber. Off the dressing area is the oversized full bathroom with large walk-in shower with seating, and beautifully designed built-in vanity, medicine cabinets and storage.

Trump Tower is located at 721 Fifth Avenue in the midst of some of the most celebrated high-end shopping in the world. This famed condominium offers full-time doorman and concierge service, attended elevators, with valet, laundry and housekeeping services available to residents. A fabulous amenity floor was added in 2021 offering a fitness center including several Peloton bikes, a circuit training space and a stretching corner, a private yoga studio, a coffee/wet bar, a residential lounge, private event space, chef's table, stadium seating movie theater, library, business center, conference rooms, children's playroom, billiards room and more.





Features & Amenities

Interior Features

Eat In Kitchen Building Inside Inside In Unit Flooring: Hardwood

Building Amenities

Common Playroom Elevators Health Club

Appliances

Dryer Washer

Building Information

Financial Details

Common Charges $4,076/mo
RE Taxes $52,560/yr ($4,380/mo)
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, 2:14 AM EST

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Location

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721 5th Avenue #48K, Midtown, New York County • Near East 56th Street

Floor Plans

Floor Plan 1
Floor Plan 2
Floor Plan 3

Building Information

Official NYC property records for this building

1983
Year Built
43 years old
58
Floors
230
Residential Units
C5-3
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $191,635,204
Land Value: $26,100,001
Exemptions: $139,227

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

Lot Area: 19,450 SF
Building Area: 626,594 SF
Built FAR: 32.22
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 $4,076 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $52,560, or roughly $4,380 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 1,784 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1983, making it approximately 43 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 $3,495,000 for 1,784 sq ft, the asking price per square foot is approximately $1,959. 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: RLS10914686
First Listed: 8/1/2023
On Market: 8/1/2023
Price Changed: 8/1/2023
Closed: 10/26/2023
Contract Date: 8/1/2023

Listing Courtesy of Keller Williams NYC - Rana Williams

Listing Contact: (646) 442-6062

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 6:14 AM UTC

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