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In contract
  • $2,995,000

    425 5th Ave #Penthouse 1, New York, NY 10016

    3beds
    2,571sqft
    Loading
    Condominium
    Built in 2003
    -- sqft lot
    $-- Zestimate®
    $1,165/sqft
    $4,017/mo HOA

    What's special

    Custom walk-in closetsMiele dishwasherMiele gas range
    EXTRAORDINARY OPPORTUNITY - A RARE 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.   3-D MATTERPORT TOUR AVAILABLE UPON REQUEST 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. 3-D MATTERPORT TOUR AVAILABLE UPON REQUEST 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. PLUS - Shaver Hall, Amazon's luxury 2-story food 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 charges include $365 assessment. 3-D MATTERPORT TOUR AVAILABLE UPON REQUEST 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.
    331 days
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    30
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    Zillow last checked:

    Listing updated:

    Listed by:

    R New York 917-628-6181,

    Anna Pagowski

    Source: StreetEasy,MLS#: S1787259

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      Rooms
      • Room types: Bike Room, Childrens Playroom, Package Room
      Appliances
      • Included: Dishwasher, Washer/Dryer
      • Laundry: Inside
      Features
      • Flooring: Hardwood
      Interior area
      • Total structure area: 2,571
      • Total interior livable area: 2,571 sqft

      Property

      Features
      • Pool features: Swimming Pool
      • Has view: Yes
      • View description: City, Skyline
      Details
      • Special conditions: Resale

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Condition
      • Year built: 2003

      Community & HOA

      Community
      • Features: Doorman, Full Time Doorman
      • Security: Doorman, Full-Time Doorman
      • Subdivision: Midtown South
      HOA
      • Has HOA: Yes
      • Amenities included: Laundry, Fitness Center, Elevator(s), Concierge
      • Services included: Maintenance
      • HOA fee: $4,017 monthly
      Location
      • Region: New York

      Financial & listing details

      • Price per square foot: $1,165/sqft
      • Annual tax amount: $84,816
      • Date on market: 9/5/2025

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/1/2026Contingent$2,995,000$1,165/sqft
        Source: StreetEasy #S1787259 Report a problem
        4/23/2026Price change$2,995,000-9.1%$1,165/sqft
        Source: StreetEasy #S1787259 Report a problem
        3/9/2026Price change$3,295,000-5.7%$1,282/sqft
        Source: StreetEasy #S1787259 Report a problem
        12/12/2025Price change$3,495,000-11.5%$1,359/sqft
        Source: StreetEasy #S1787259 Report a problem
        11/19/2025Price change$3,950,000-6%$1,536/sqft
        Source: StreetEasy #S1787259 Report a problem
        10/30/2025Price change$4,200,000-4.5%$1,634/sqft
        Source: StreetEasy #S1787259 Report a problem
        10/21/2025Price change$4,400,000-4.3%$1,711/sqft
        Source: StreetEasy #S1787259 Report a problem
        9/19/2025Price change$4,600,000-15.6%$1,789/sqft
        Source: StreetEasy #S1787259 Report a problem
        9/5/2025Listed for sale$5,450,000$2,120/sqft
        Source: StreetEasy #S1787259 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Midtown South

        Getting around

        98 / 100
        Walker's Paradise
        100 / 100
        Rider's Paradise
        85 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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