Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Under Contract – Backup offers may be accepted

425 5th Avenue #65-A

Pending · Listing by R New York

425 5th Avenue #65-A

Murray Hill, Manhattan

$2,995,000

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Interested in this property?
Pending For Sale Condo

$2,995,000

$1,165 per sq ft

425 5th Avenue #65-A

Murray Hill, Manhattan

MLS® #RLS20046310

RLS at REBNY

Listing by R New York

3
Bedrooms
3.5
Baths
2,571
Sq. Ft.
2003
Year Built

Quick Summary

Bedrooms 3
Bathrooms 3 full, 1 half
Living Area 2,571 sq ft
Year Built 2003
Ownership Condo
HOA/Common Charges $4,017/mo
Property Taxes $84,816/yr
Neighborhood Murray Hill
Floor 65 of 67

Property Highlights

  • Views: River
  • Exposure: East,North,South facing
  • Climate Control: Other

Property Details

Type Condo
Ownership Condominium
Total Rooms 6
Baths 3 Full, 1 Half
Floor 65 of 67
View River
Exposure East,North,South
Cooling Other
Pets Yes
Cross Street East 38th Street/East 39th Street
Year Built 2003
Living Area 2,571 sq ft
Structure Type HighRise
Block/Lot 0868/7503

Listing History

Event Date Price Change
Listed Sep 5, 2025 $5,450,000 -
Price Reduced Apr 23, 2026 $3,295,000 -39.5%
Currently Aug 19, 2026 $2,995,000 -9.1%

Description

Location! Location! Location! An extraordinary full floor penthouse on prime Midtown Fifth Avenue, with panoramic 360 degree views, North, East, South & West, looking onto a jaw dropping catalogue of iconic NYC buildings.  From the Empire State Building to the Brooklyn Bridge, live above the giants of New York City.   Set on the 65th floor, step directly into the penthouse from a coded elevator.  The apartment’s palatial entrance greets you with southern views featuring the Empire State Building writ large. Take in views of the Atlantic Ocean, the Freedom Tower, and the Statue of Liberty, as well as observe airplanes coming and going at LaGuardia, JFK and Newark Airports.  The view is that immense! The generous stretch of living quarters features a formal corner dining room with views facing South and West looking upon the majestic Hudson River, towering Hudson Yards and the Garden State, New Jersey. Spectacular sunsets await. Due to its expansive size, the sprawling living space can be arranged to incorporate multiple uses, such as a library or den. Of note - the original third bedroom has been incorporated into the expanded living area which can easily be converted back to a third bedroom if desired. The classically balanced 2 bedroom* 3 bathroom penthouse is designed featuring split bedrooms, each with an en-suite Carrara marble bath with a view and custom walk-in closet.  The primary bedroom faces North and West with views of Fifth Avenue and the greenery of Bryant Park. The second bedroom faces North and East, with views of ornate decorative elements of a nearby vintage skyscraper and the iconic Chrysler building. A separate pass-through kitchen features a granite floor, solid core deep hued cherry wood kitchen cabinets and is well fitted with a Miele gas range, Sub-Zero fridge with custom cheery wood to match the cabinets, Miele dishwasher as well as an in-unit Bosch washer and dryer. Designed by starchitect Michael Graves, 425 5th Avenue is a full-service classic of New York elegance with an elliptical lobby detailed in burled wood and marble. The indoor 50-foot lap swimming pool, fitness center, residents club, sauna, steam room, locker rooms, playroom, business center and other amenities are on the 11th & 12th floors along with an outdoor terrace at the setback overlooking 5th Avenue. An adjacent vest-pocket park to the building adds an open feel of air and quietude. 425 5th Avenue is located in the Midtown Cultural District with unparalleled shopping on 5th Avenue with Bryant Park just steps away along with the newly-renovated Morgan Library and Madison Square Garden nearby. Amazon's Shaver Hall set to open across 5th Avenue in March 2026 - 11 food stalls, 3 restaurants, live music, and Pick & Cheese. The ease of transportation hubs within walking distance - Grand Central, Port Authority and Penn Station with Amtrak, NJ Transit and LIRR, Long Island Railroad. Monthly common charge includes $365 assessment. Penthouse Coded direct elevator entrance Full floor 360’ views 2571 sq ft Washer and dryer in unit 2 custom walk-in closets *3BR property currently configured as a 2BR.

Features & Amenities

Interior Features

Den Entrance Foyer Kitchen Window Pantry Common Area New Windows

Exterior Features

Building Storage Building Garden

Building Amenities

Elevators

Building Information

Building Data View Compliance & Permits
Stories 67
Structure HighRise

Financial Details

Common Charges $4,017/mo
RE Taxes $84,816/yr ($7,068/mo)
Original Price $5,450,000
Previous Price $3,295,000

Murray Hill offers a central Manhattan location with a surprisingly neighborhood-like feel. Known for its historic 'Sniffen Court' and a mix of mid-century high-rises and 19th-century townhouses, it is a popular choice for professionals seeking proximity to Grand Central and Midtown. The neighborhood is particularly well-regarded for offering a wide range of price points, from entry-level studio cooperatives to expansive luxury penthouses.

Murray Hill Live Market Data

View Neighborhood

Active Listings

198

Median Asking Price

$777K

Median $/Sqft

$1,229

Avg Days on Market

N/A

New This Week

9

Price Reduced

32%

Sold (30 Days)

27

Median Sale Price

$663K

Live data from RLS at REBNY • Updated 8/19/26, 7:55 PM EST

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Location

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425 5th Avenue #65-A, Murray Hill, New York County • Near East 38th Street/East 39th Street

Virtual Tour

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 $4,017 per month. Confirm the exact amount with Milton Coste before making an offer.

The current listed annual property tax is $84,816, or roughly $7,068 per month. Verify the current assessment with your attorney before closing.

This property has 3 bedrooms and 3 full bathrooms and 1 half bathroom.

The listed interior living area is 2,571 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 Milton Coste for weight limits or breed restrictions.

At the current list price of $2,995,000 for 2,571 sq ft, the asking price per square foot is approximately $1,165. 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: RLS20046310
First Listed: 9/5/2025
On Market: 9/5/2025
Price Changed: 4/23/2026
Pending Since: 6/1/2026
Contract Date: 9/3/2025

Listing Courtesy of R New York - Anna Pagowski

Listing Contact: (212) 688-1000

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 8/19/2026 at 11:55 PM UTC

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Murray Hill Market Update

27 sales last 30 days · $777K median · 7.3 months supply

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Quick Facts

Status Pending Type Condo Neighborhood Murray Hill Borough Manhattan
County New York
Floor 65 of 67
Year Built 2003
First Listed 9/5/2025
Living Area 2,571 sqft
Common Charges $4,017/mo
Annual Tax $84,816

Monthly Costs Estimate

Down Payment 20%

$599,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Common Charges $4,017
Est. Taxes $7,068
Total Monthly $0

Estimates only. Consult a lender for exact figures.

Mansion tax applies at this price point

New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $2M to $2,999,999 at 1.25%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$37,438

Run the numbers on a different offer price

Estimate based on the asking price. Confirm your own obligation with your real estate attorney.

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