Under Contract – Backup offers may be accepted
425 5th Avenue #65-A
MLS® #RLS20046310
Listing by R New York
- 3
- Bedrooms
- 3.5
- Baths
- 2,571
- Sq. Ft.
- 2003
- Year Built
Quick Summary
Property Highlights
- Views: River
- Exposure: East,North,South facing
- Climate Control: Other
Property Details
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
Exterior Features
Building Amenities
Building Information
Financial Details
About Murray Hill
View All Murray Hill ListingsMurray 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 NeighborhoodActive 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
425 5th Avenue #65-A, Murray Hill, New York County • Near East 38th Street/East 39th Street
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Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
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
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
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) 416-7433Listing 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 Data display by Keller Williams NYC. Data last updated on 8/19/2026 at 11:55 PM UTC
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Quick Facts
Monthly Costs Estimate
$599,000
Source: Freddie Mac PMMS
Est. Monthly Payment
$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
Estimate based on the asking price. Confirm your own obligation with your real estate attorney.
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