Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $2,350,000

· Closed September 26, 2024

Closed For Sale Condo

$2,350,000

$1,472 per sq ft

721 5TH Avenue #59B

Midtown East, Manhattan

TRUMP TOWER

MLS® #RLS10940199

RLS at REBNY

Listing by Douglas Elliman Real Estate

2

Bedrooms

2

Baths

1,596

Sq. Ft.

1983

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,596 sq ft
Year Built 1983
Ownership Condo
HOA/Common Charges $3,499/mo
Property Taxes $43,992/yr
Parking Garage
Neighborhood Midtown East
Floor 59 of 58

Property Highlights

  • Views: City
  • Exposure: East,South facing
  • Climate Control: Central Air

Property Details

Type Condo
Ownership Condominium
Total Rooms 5
Baths 2 Full
Floor 59 of 58
View City
Exposure East,South
Cooling Central Air
Pets Yes
Year Built 1983
Living Area 1,596 sq ft
Parking Garage Available
Structure Type HighRise
Basement Other
Parcel # 1292-1221
Block/Lot 01292/0000

Listing History

Event Date Price Change
Listed Jun 15, 2022 $3,995,000 -
Price Reduced Sep 27, 2024 $2,425,000 -39.3%
Currently Jun 1, 2026 $2,350,000 -3.1%

Description

Situated just 2 blocks from Central Park on the 59th floor of a white-glove, full-service condominium, this corner 2-bedroom, 2 bath residence spares no detail and defines luxury and fine taste. Double exposures facing South and East offer spectacular views of New York and the iconic the Empire State Building. This spacious residence spans 1,596 square feet and makes for an ideal pied-a-terre, primary residence or investment.

As you enter this spacious home, you are greeted with a grand gallery lined with floor-to-ceiling built-in closets with mirrored doors. Further inside is the bright, oversized corner living room. Solid oak floors, sophisticated custom shades and high quality finishes throughout the space elevate the experience. Concealed closets and doors maintain a clean aesthetic.

The kitchen features a sleek design which incorporates glass-front wood cabinetry, stone countertops and premium stainless steel appliances. Both bedrooms feature floor-to-ceiling windows with inspiring views, custom built in walk-in closets and custom designed wall coverings. The King sized Primary Suite features a spa-like en-suite bath and a laundry room.

Finally, a residence that provides the elegance you expect from New York City.

721 Fifth Avenue is the epitome of extravagance amidst some of the most highly celebrated high-end shopping and dining in the world, located just 2 blocks from Central Park and the Plaza Hotel. This renowned condominium offers white-glove doorman and concierge services, attended elevators, valet, laundry and housekeeping. In 2021, the entire 18th floor was renovated to offer an unparalleled luxury living experience which features amenities including a fully equipped gym, yoga studio, library, movie theater, billiards room, business center, conference rooms, event lounge and children's playroom.

Private showings only. Please note that any open houses listed are for the purpose of communicating available showing windows. Call, email, or text to confirm an appointment.

Features & Amenities

Interior Features

Smoke Free Building Washer Dryer Install Allowed Building Other

Exterior Features

None

Building Amenities

Elevators Storage

Appliances

Washer Dryer Allowed

Building Information

Building TRUMP TOWER
Building Data View Compliance & Permits
Total Units 231
Stories 58
Structure HighRise

Financial Details

Common Charges $3,499/mo
RE Taxes $43,992/yr ($3,666/mo)
Original Price $3,995,000
Sale Price $2,350,000
Previous Price $2,425,000

Midtown East is a dynamic hub that is the gateway to Manhattan for many. Home to iconic landmarks like Grand Central Terminal and the Chrysler Building, the neighborhood offers unparalleled convenience for commuters and professionals. The residential landscape is a mix of high-rise luxury towers and historic side-street cooperatives, providing a wide array of options for those who want to be at the center of the city's energy.

Midtown East Live Market Data

View Neighborhood

Active Listings

231

Median Asking Price

$1.58M

Median $/Sqft

$1,742

Avg Days on Market

N/A

New This Week

9

Price Reduced

22%

Sold (30 Days)

9

Median Sale Price

$1.74M

Live data from RLS at REBNY • Updated 6/1/26, 5:27 PM EST

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Location

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721 5TH Avenue #59B, Midtown East, New York County

Virtual Tour

Floor Plans

Floor Plan 1

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 $3,499 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $43,992, or roughly $3,666 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 2 full bathrooms.

The listed interior living area is 1,596 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 $2,350,000 for 1,596 sq ft, the asking price per square foot is approximately $1,472. 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: RLS10940199
First Listed: 6/15/2022
On Market: 6/15/2022
Price Changed: 9/27/2024
Closed: 9/26/2024
Contract Date: 6/15/2022

Listing Courtesy of Douglas Elliman Real Estate - Christina Kremidas

Listing Contact: (718) 637-3942

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 6/1/2026 at 9:27 PM UTC

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